Maple Valley Rotary Foundation EIN 91-1595103 Form 990 (PDF) Claim this org

Maple Valley Rotary Foundation

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Raise funds for local projects, youth services, and international programs. For fiscal year 2024 it reported $152K in revenue, $565K in expenses, and $315K in net assets.Pt I

Founded
1994
Type
Public charity (501(c)(3)) · Community Development
Location
Maple Valley, WA
Website
maplevalleyrotary.org
Filings
5 on file (2020–2024)
Revenue
$152KFY2024
Expenses
$565K
Net assets
$315K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-1595103 Public charity (501(c)(3)) Maple Valley, WA Founded 1994
Form 990 (PDF)
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Size
$100K–1M
What they do
Raise funds for local projects, youth services, and international programs.
Leadership
Jeff McCann · Foundation Chair
Money in and out
$152K revenue, $565K expenses
Bottom line
96% program efficiency
Where the money goes · FY2024
Total revenue
$152K
Pt VIII · Ln 12
Total expenses
$565K
Pt IX · Ln 25
Net assets
$315K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$413K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.02 Fundraising $0.01
Program efficiency
96%
of spending reaches programs▲ +22% vs prior filing year
Operating runway
7.4mo
months of highly liquid reserves at operating expense rate▼ -89% vs prior filing year
Surplus margin
-272%
revenue over expenses, this year▼ -894% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$152K
FY2024▼ -21%
Expenses
$565K
FY2024▲ +345%
Total assets
$355K
FY2024▼ -51%
Total liabilities
$41K
FY2024▲ +64%
Total revenue
$152K
Pt VIII · Ln 12
Total expenses
$565K
Pt IX · Ln 25
Net assets
$315K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$413K
Total assetsPt X · Ln 16$355K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMaple Valley Rotary Foundation
EINHdr · item D91-1595103
Principal addressHdr · item CMaple Valley, WA
WebsiteHdr · item Jmaplevalleyrotary.org
Year of formationHdr · item L1994
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S80)
Ruling yearIRS BMFAug 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Foundation Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Club President
$0Pt VII · Sec A
Chair Elect
$0Pt VII · Sec A
See Maple Valley Rotary Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $525K of program spending, described in the organization's own filed words · FY2024.
01

International Projects

Provide monetary support with multiple Rotary Clubs and Rotary International for refrigeration trucks and computers in Egypt and Rwanda Vocation support.

$370Kprogram expense
02

Local Projects

Provide funding support to local nonprofit organizations (MV Food Bank, area community centers, and civic organizations) so they can accomplish their mission objectives.

$89Kprogram expense
03

Auction Fund a Need and Youth Services

This FYs auction fund a need was used to support Valley Medical Centers Cancer Center expansion.

$66Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$108K · 71%
Other revenue$43K · 28%
Investment income$1K · 1%
Contributions & grants71%$108K
Other revenue28%$43K
Investment income1%$1K
Total revenueLn 12$152K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.02 Fundraising $0.01
Program services96%$545K
Management & general2%$13K
Fundraising1%$7K
Total functional expensesLn 25$565K

Balance Sheet

Part X · end of year
CashLn 1$93K
Total assetsLn 16$355K
Total liabilitiesLn 26$41K
Total net assetsLn 32$315K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $347K · Operating expenses/yr $565K
7.4 months
Where the money goes
Program services
Program services $545K · Total expenses $565K
96%
Management & General
Management & general $13K · Total expenses $565K
2%
Fundraising
Fundraising $7K · Total expenses $565K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $124K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $108K · Total revenue $152K
71%
Government reliance
Government grants — · Total revenue $152K
Earned-income share
Program service revenue $0 · Total revenue $152K
0%
Investment reliance
Investment income $1K · Total revenue $152K
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $565K
0%
Growth & trend
Revenue growth (YoY)
This year $152K · Prior year $193K
-21%
Revenue CAGR
FY2019 $197K · FY2024 $152K
-5%
Net-asset trend (YoY)
End of year $315K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $152K · Expenses $565K
-272%
Liabilities-to-Assets
Total liabilities — · Total assets $355K
Net-asset ratio
Net assets $315K · Total assets $355K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $254K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $355K
72%
People & payroll
Highest Reported Total Compensation
Individual Jeff McCann · Reported title Foundation Chair · Highest reported compensation $0 · Total expenses $565K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $565K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 2%
Fundraising cost ratio 6%
Revenue growth -21%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$760
Grants paid · 20 grants · $322K · 2019–2024
Unitemized GrantFY2024$46,570
Valley Medical CenterWA · FY2024$25,000
Valley Girls and GuysWA · FY2024$6,000
Unitemized GrantFY2023$44,616
Rwanda Rise EdmondsWA · FY2023$8,965
Unitemized GrantFY2022$37,845
Tahoma School DistrictFY2022$6,878
Tahoma School DistrictFY2021$27,384
Unitemized GrantFY2021$17,850
Unitemized GrantFY2020$14,500
Idea ProjectWA · FY2020$10,442
See all 20 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$193K revenue · ⤓ 990 PDF
FY2023$190K revenue · ⤓ 990 PDF
FY2022$510K revenue · ⤓ 990 PDF
FY2021$117K revenue · ⤓ 990 PDF
FY2020$197K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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