Branford Club-rotary International C/o Hap Storer

Nonprofit profile at a glance

EIN
066103809
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Branford, CT, USA
Phone
2038040771
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$133,215
Expenses
$126,488
Assets
$115,972

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • TERRENCE ELTON (PRESIDENT &)

People named in this filing

  • ELLEN CARUCCI (PAST PRESIDE)
  • HAP STORER (TREASURER &)
  • CHUCK O'CONNOR (SECRETARY &)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The object of the branford rotary club is to encourage and foster the ideal of service as a basis of worthy enterprise and, in particular, to encourage and foster: first - the development of acquaintance as an opportunity for service, second - high ethical standards in in business and professions; the recognition of the worthiness of all useful occupations; and the dignifying of each rotarian's occpuation as an opportunity to serve society, third - the application of the ideal of service in each rotarian's personal, business and community life, fourth - the advancement of international understanding, goodwill, and peace through world fellowship of business and professional persons united in the ideal of service. Traditionally, the club raises money by holding three (3) annual fundraisers, and then donates all of the net proceeds to various charities in and around branford, ct, throughout the state of ct, and the world. The annual fundraisers are: 1. Branford festival food tent - annual

What it reported doing in 2024

The branford rotary club conducts annual fundraisers. Income from these events is donated to other charitable, community and school organizations as well as various international charitable projects. See attached list.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74%; rating input score 74
  • Program expense ratio: 75.2%; rating input score 75

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 12.5% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 11.9% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 5.8% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 74% of revenue deployed · 75.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $95K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 48/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.