Denver Cherry Creek Rotary Foundation
Nonprofit profile at a glance
- EIN
- 841144258
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Denver, CO, USA
- Phone
- 3033938576
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $114,175
- Expenses
- $62,515
- Assets
- $536,978
- Liabilities
- $50,911
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MIKE LEIBMAN (PRESIDENT)
People named in this filing
- MIKE LEIBMAN (PRESIDENT)
- TOM ASHBAUGH (TREASURER)
- RYAN BOYD (MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Rotary is to provide service to others, promote integrity, and advance world understanding, goodwill, and peace through its fellowship of business, professional, and community leaders.
What it reported doing in 2024
Rotary Youth Leadership Awards (RYLA) is an intensive leadership experience organized by Rotary clubs and districts where you develop your skills as a leader while having fun and making connections. The DCCRC supports a young RYLA program for junior high students and one for high school students. It supported financially 14 students and 5-7 Club members served as senior counselors or in other adminitrative functions of the program.
Operating model
- Revenue model
- Other-operating. 87% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 69
- Accountability: 12
- Sustainability: 79
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 54.1%; rating input score 54
- Program expense ratio: 92.1%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 32.7%; rating input score 33; 39th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 45.2%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 8.59; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 11.3% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 6.4% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 54.1% of revenue deployed · 92.1% of spending went to programs
- Governance: 0 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $58K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 15 of 17 current checks pass · 2 findings to review
- Schedules: 4 filed schedules · includes grants
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Moderate — Transparency & Controls: Grant itemization coverage scored 33/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 27/100.