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Nonprofit · EIN 59-3151795

GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC

Tax-exempt · GULF BREEZE, FL 32562

Financials

$129K$44K2023$74K$41K2024$51K$39K2025
Revenue Expenses · by fiscal year end
Financials of GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$51,108$39,266$11,842$911,021$0$911,021
June 30, 2025990$73,587$40,864$32,723$849,776$0$849,776
June 30, 2024990$128,550$44,148$84,402$763,013$0$763,013
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$18,604
Program service revenue
$0
Investment income
$32,504
Other revenue
$0

Expenses

Grants and similar amounts paid
$36,025
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,950
Program services (functional)
$36,025
Management and general (functional)
$3,241

Balance sheet and other

Total assets, start of year
$849,776
Total assets, end of year
$911,021
Total liabilities, end of year
$0
Net assets, end of year
$911,021
Publicly traded securities
$897,973
Net assets without donor restrictions
$911,021
Gross receipts
$51,108
Employees
0
Volunteers
70
Year formed
1992
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
LEE BROWNPRESIDENT
Officer
–$0
BOBBY POTOMSKIPAST PRESIDENT
Officer
–$0
TJ EDWARDSPRESIDENT-ELECT
Officer
–$0
JAMES J REEVESSECRETARY / TREASURER
Officer
–$0
990 for the year ended June 30, 2025: 4 people
NameTitleHours / weekCompensation
LEE BROWNPRESIDENT
Officer
–$0
BOBBY POTOMSKIPAST PRESIDENT
Officer
–$0
TJ EDWARDSPRESIDENT-ELECT
Officer
–$0
JAMES J REEVESSECRETARY / TREASURER
Officer
–$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
LEE BROWNPRESIDENT
Officer
–$0
BOBBY POTOMSKIPAST PRESIDENT
Officer
–$0
TJ EDWARDSPRESIDENT-ELECT
Officer
–$0
JAMES J REEVESSECRETARY / TREASURER
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 808, GULF BREEZE, FL 32562-0808
Principal officer (990 for 2025)
LEE M BROWN, PO BOX 808, GULF BREEZE, FL 325620808
Signed the 990
LEE M BROWN, PRESIDENT
Phone
(850) 934-3730
Return prepared by
KURBEC & CANTIN CPA PA

Mission

PROVIDES SCHOLARSHIPS TO DESERVING STUDENTS

990 for the year ended June 30, 2026

Program accomplishments

  • SCHOLARSHIPS AWARDED TO DESERVING STUDENTS
    Expenses $33,125 · grants $33,125 · revenue $18,604
  • Grants Provided to Other Club
    Expenses $2,900 · grants $2,900

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-3151795
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$911,021
Income (IRS master file)
$51,108

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026$51,108$39,266$911,021XML
990June 2025$73,587$40,864$849,776XML
990June 2024$128,550$44,148$763,013XML
990June 2023$85,705$76,952$620,832IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990-EZJune 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-3151795).

Questions about GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC

What is the EIN of GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC?
The employer identification number (EIN) of GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC is 59-3151795.
Is GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended June 30, 2026 names LEE M BROWN.
Who are the officers and directors of GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended June 30, 2026 lists 4 people; 0 received compensation from the organization.
How much revenue does GULF BREEZE ROTARY SCHOLARSHIP FOUNDATION INC have?
On its 990 for the year ended June 30, 2026 it reported revenue of $51,108, expenses of $39,266 and total assets of $911,021 at year end.

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