2026-01-30T16:57:50-05:00 2024-12-31 410738189 LETHERT SKWIRA SCHULTZ & CO LLP 170 7TH PL E STE 100 SAINT PAUL MN 551012361 990 2024-01-01 270594503 PRIOR LAKE ROTARY FOUNDATION PRIO 6514528256 PO BOX 271 PRIOR LAKE MN 55372 PAUL HOFSLIEN TREASURER 9522265737 2026-01-29 true true ANGIE M AGREY CPA P01345037 6512245721 2026-01-29 2024 2025-03-06 01:10:19Z X KYLE HAUGEN 4036921 false X PRIORLAKEROTARY.ORG X 2009 MN THE FOUNDATION CONDUCTS THE LAKEFRONT MUSIC FEST RAISING REVENUE THROUGH CONCESSIONS, TICKETS SALES AND SPONSORSHIPS. 7 7 0 2000 0 335669 390927 0 93431 175417 532121 83009 961221 649353 317512 287771 0 0 0 0 23343 32013 340855 319784 620366 329569 3696269 4130648 935046 954064 2761223 3176584 OUR MISSION IS TO ENHANCE THE QUALITY OF LIFE FOR RESIDENTS OF THE PRIOR LAKE AREA AND PEOPLE THROUGHOUT THE WORLD, THROUGH SERVICE, CIVIC ENGAGEMENT, AND MEANINGFUL PARTNERSHIPS. false false 287771 287771 SUPPORT LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL CHARITABLE, ENVIRONMENTAL, HUMANITARIAN, EDUCATIONAL AND SCIENTIFIC ACTIVITIES THAT ALIGN WITH THE MISSION OF ROTARY INTERNATIONAL AND THE ROTARY FOUNDATION. 287771 true true false false false false false false false false true false false false false true true false false false false false false false true false false true false false false false false false false false false false true false false false false false false false false true 16 0 0 false false false false false false false false X 7 7 false false false false false false false true true false false true true true true false false false false false MN X X PAUL HOFSLIEN 6514528256 PO BOX 271 PRIOR LAKE MN 55372 X MARLYS GESME MEMBER 1.00 X 0 0 0 KYLE HAUGEN CHAIR 5.00 X X 0 0 0 PAUL HOFSLIEN TREASURER 5.00 X X 0 0 0 JOAN LOMPART MEMBER 1.00 X 0 0 0 PAUL PEREZ MEMBER 1.00 X 0 0 0 DAN STANLEY MEMBER 1.00 X 0 0 0 false false false 365651 25276 52200 390927 158046 158046 705858 688487 17371 17371 17371 2782090 365651 2699081 83009 83009 649353 175417 83009 287771 287771 21015 21015 404 404 OTHER EXPENSES 10594 10594 319784 287771 32013 0 151294 972293 2009825 1313032 7974 3000 87997 64275 52795 43231 20994 9564 1426159 1760510 3696269 4130648 14825 8953 920221 945111 935046 954064 X 2761223 3176584 2761223 3176584 3696269 4130648 X 329569 102194 -16402 X false true X true false X 2697 438811 304162 335669 390927 1472266 2697 438811 304162 335669 390927 1472266 1472266 1472266 8595004 1.00000 1.00000 X PART II, LINE 10 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 52795 43231 9564 9564 X 2470930 102193 159315 1576471 1837979 632951 16402 16402 649353 2055570 159315 1576471 1735786 319784 319784 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION WAS GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THESE FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS A "MORE LIKELY THAN NOT" CRITERION FOR RECOGNIZING THE TAX BENEFIT OF UNCERTAIN TAX POSITIONS AND HAS IDENTIFIED NO SUCH EXPOSURES. THE CURRENT TAX YEARS OPEN ARE 2022 THROUGH 2024. DURING THE UPCOMING 12 MONTHS, THE ORGANIZATION EXPECTS NO MATERIAL CHANGES TO OCCUR RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN OPERATING EXPENSES. THE AMOUNT OF INTEREST AND PENALTIES CURRENTLY RECOGNIZED IN THE LIABILITY FOR UNRECOGNIZED TAX BENEFITS TOTALED 0 AND 0 FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, RESPECTIVELY. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING EXPENSES NETTED WITH REVENUE 1,576,471 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EXPENSES NETTED WITH REVENUE 1,576,471 LAKEFRONT MUSIC 3147741 365651 2782090 58928 214147 1121998 1304008 3147741 365651 2782090 58928 214147 1121998 1304008 2699081 83009 false THE ROTARY FOUNDATION 14280 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 41365 FRIENDS OF CHIMBOTE PO BOX 92 PRIOR LAKE MN 55372 10706 JUNIOR ACHIEVEMENT NORTH 1745 UNIVERSITY AVE W SAINT PAUL MN 55104 8000 SCOTT COUNTY ATTORNEY'S OFFICE 200 FOURTH AVENUE WEST SHAKOPEE MN 55379 10000 SCOTT COUNTY SHERIFF'S OFFICE 301 FULLER STREET SOUTH SHAKOPEE MN 55379 7794 12 X 3 52200 FMV false false false FORM 990, PAGE 1, ITEM B RETURN WAS AMENDED TO REFLECT ADJUSTMENTS TO THE FOLLOWING ITEMS WHICH WERE DETERMINED AFTER THE FILING OF THE RETURN. PART 1 FORM 990: LINE 8 INCREASE: 82,659 LINE 10 INCREASE: 17,371 LINE 11 DECREASE: 106,302 LINE 13 INCREASE: 27,826 LINE 17 INCREASE: 74 PART X COLUMN B LINE 1 INCREASE: 77,847 LINE 2 DECREASE: 1,760,510 LINE 3 INCREASE: 7,974 LINE 9 DECREASE: 23,163 LINE 11 INCREASE: 1,682,663 LINE 19 INCREASE: 24,830 LINE 27 DECREASE: 51,543 FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS, DIRECTORS, AND MEMBERS MUST COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT FORM EVERY YEAR TO DISCLOSE ANY KNOWN OR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS PUBLIC DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 FUNDRAISING EXPENSES NETTED WITH REVENUE 1,576,471 FUNDRAISING EXPENSES NETTED WITH REVENUE -1,576,471