FRANKLIN ROTARY CLUB FOUNDATION INC: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FRANKLIN ROTARY CLUB FOUNDATION INC (EIN 61-1368798)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-28
- IRS object ID
- 202511499349200001
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-28T21:48:45-07:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Robert E Taylor CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 W KENTUCKY AVE | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 42134 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 611368798 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANKLIN ROTARY CLUB FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRAN | BusinessNameControlTxt |
| Phone | 2705863626 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 883 | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 42135 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT E TAYLOR | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2705863626 | PhoneNum |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT E TAYLOR III | PreparerPersonNm |
| PTIN | P01218587 | PTIN |
| Phone | 2705863626 | PhoneNum |
| Preparation | 2025-05-28 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $72,702 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $14,698 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $0 | ProgramServiceRevenueAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Investment Income | $2,166 | InvestmentIncomeAmt |
| Sale Of Assets Gross | $18,338 | SaleOfAssetsGrossAmt |
| Cost Or Other Basis Expense Sale | $17,617 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | $721 | GainOrLossFromSaleOfAssetsAmt |
| Gaming Gross Income | $30,000 | GamingGrossIncomeAmt |
| Fundraising Gross Income | $7,500 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $15,356 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $22,144 | SpecialEventsNetIncomeLossAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Loss Sls Of Invntry | $0 | GrossProfitLossSlsOfInvntryAmt |
| Total Revenue | $39,729 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $38,393 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $1,176 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $28 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $1,686 | OtherExpensesTotalAmt |
| Total Expenses | $41,283 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$1,554 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $85,442 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $7,204 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $91,092 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,442 | BOYAmt |
| EOY | $91,092 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,442 | BOYAmt |
| EOY | $91,092 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,442 | BOYAmt |
| EOY | $91,092 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | PROVIDE FINANCIAL GRANTS TO LOCAL CHARITABLE, YOUTH, AND CIVIC ORGANIZATIONS; COMMUNITY SERVICE PROJECTS | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| PROVIDING FINANCIAL GRANTS TO CHARITABLE, YOUTH,SCHOOL, AND CIVIC ORGANIZATIONS | $38,393 | $38,393 |
| COMMUNITY SERVICE PROJECT: BEAUTIFICATION AT TRAFFICISLAND | $0 | $841 |
| ANNUAL SPEECH CONTEST | $0 | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $39,734 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| HAL W TOOMEY | ||||
| PRESIDENT | 8.00 | $0 | $0 | $0 |
| ALEX COMPTON | ||||
| PAST PRESIDENT | 1.00 | $0 | $0 | $0 |
| BRENDA MCGINNIS | ||||
| SECRETARY | 6.00 | $0 | $0 | $0 |
| ROBERT E TAYLOR III | ||||
| TREASURER | 5.00 | $0 | $0 | $0 |
| BEN DEWEESE | ||||
| PRESIDENT-ELECT | 2.00 | $0 | $0 | $0 |
| JIM GOODLAD | ||||
| DIRECTOR | 2.00 | $0 | $0 | $0 |
| LISA DEAVERS | ||||
| DIRECTOR | 2.00 | $0 | $0 | $0 |
| ROBIN HOLLINGSWORTH | ||||
| DIRECTOR | 3.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Initiation Fees And Cap Contri | $0 | InitiationFeesAndCapContriAmt |
| Gross Receipts For Public Use | $0 | GrossReceiptsForPublicUseAmt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT E TAYLOR III | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 WEST KENTUCKY AVENUE | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 421341802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2705863626 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
| Other Support Sum | $0 | OtherSupportSumAmt |
| Public Support CY170 | 0 | PublicSupportCY170Pct |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $59,225 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,822 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $63,714 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $64,580 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,198 | CurrentTaxYearAmt |
| Total | $246,539 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $59,225 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,822 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $63,714 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $64,580 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,198 | CurrentTaxYearAmt |
| Total | $246,539 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $246,539 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $78 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $71 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $58 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,166 | CurrentTaxYearAmt |
| Total | $2,443 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $78 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $71 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $58 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,166 | CurrentTaxYearAmt |
| Total | $2,443 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,982 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99020 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99740 | PublicSupportPY509Pct |
| Investment Income CY | 0.00980 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00110 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule G IRS990ScheduleG
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $30,000 | GrossRevenueOtherGamingAmt |
| Cash Prizes Other Gaming | $5,200 | CashPrizesOtherGamingAmt |
| Non Cash Prizes Other Gaming | $1,600 | NonCashPrizesOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $716 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | Yes (true) | VolunteerLaborOtherGamingInd |
| Volunteer Labor Other Gaming | 1.00000 | VolunteerLaborOtherGamingPct |
| Gross Revenue Total Gaming | $30,000 | GrossRevenueTotalGamingAmt |
| Cash Prizes Total Gaming | $5,200 | CashPrizesTotalGamingAmt |
| Non Cash Prizes Total Gaming | $1,600 | NonCashPrizesTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $716 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $7,516 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $22,484 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | KY | StatesWhereGamingConductedCd |
| Licensed | Yes (true) | LicensedInd |
| License Suspended Etc | false | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | Yes (true) | GamingWithNonmembersInd |
| Member Of Other Entity | false | MemberOfOtherEntityInd |
| Gaming Other Facility | 1.00000 | GamingOtherFacilityPct |
| Individual With Books | ROBERT E TAYLOR III | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 WEST KENTUCKY AVENUE | AddressLine1Txt |
| City | FRANKLIN | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 421341802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | false | CntrctWith3rdPrtyForGameRevInd |
| Charitable Distribution Rqr | Yes (true) | CharitableDistributionRqrInd |
| Distributed | $30,956 | DistributedAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Line 17b | FormAndLineReferenceDesc |
| Explanation | Kentucky Charitable Gaming rules indicate that all but $1,000 of net gain from charitable gaming be expended within 12 months for actual charitable purposes. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990EZ, Part I, Line 10 | GRANT TO FURTHER EDUCATION; EDUCATION; SIMPSON COUNTY BOARD OF EDUCATION: 400 SOUTH COLLEGE STREET, FRANKLIN, KY, 42134; NONE, 9115. |
| Form 990EZ, Part I, Line 10 | FOOD AID ; CHARITY, FOOD; LOVE THE HUNGRY, INC.: 3103 FERN VALLEY RD, SUITE 107, LOUISVILLE, KY, 40213; NONE, 7000. |
| Form 990EZ, Part I, Line 10 | COMMUNITY CHARITIES AND CIVIC PROJECTS; CHARITY; VARIOUS: VARIOUS, VARIOUS, , ; NONE, 22278. |
| Form 990EZ, Part I, Line 16 | FOREIGN TAX PAID 50. |
| Form 990EZ, Part I, Line 16 | REPAY LOAN 120. |
| Form 990EZ, Part I, Line 16 | SPEECH CONTEST PRIZES 500. |
| Form 990EZ, Part I, Line 16 | THANK YOU GIFTS 75. |
| Form 990EZ, Part I, Line 16 | CHAMBER DUES 100. |
| Form 990EZ, Part I, Line 16 | BEAUTIFICATION PROJECT 841. |
| Form 990EZ, Part I, Line 20 | UNREALIZED GAIN IN INVESTMENTS 7888. |
| Form 990EZ, Part I, Line 20 | PRIOR PERIOD ADJUSTMENT (PROJECTS BANK ACCOUNT) -684. |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Organizations new treasurer fell ill nearing the deadline to file. Also, it took more time than anticipated to gather and organize the needed information to prepare this form 990-EZ. | ExplanationTxt |