Florence Rotary Club
Nonprofit profile at a glance
- EIN
- 576036415
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Florence, SC, USA
- Phone
- 8436739700
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Men's Service Clubs
Reported finances
- Revenue
- $155,216
- Expenses
- $153,898
- Assets
- $363,144
- Liabilities
- $12,485
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- EDWARD HENDERSON (PRESIDENT)
People named in this filing
- EDWARD HENDERSON (PRESIDENT)
- THOMAS C EWART (TREASURER)
- ROBBY HILL (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 rotary is to encourage and foster public service and to advance goodwill and peace through the fellowship of business and professional persons united in the ideal service.
What it reported doing in 2024
Members meet weekly for lunch/fellowship and to learn about community service. Specific allocations are made to various tax exempt organizations and community projects which meet rotary's goal of "service above self."
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 44% for direct work, and 56% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.9%; rating input score 95
- Program expense ratio: 88.3%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.8%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 2.36; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 94.9% of revenue deployed · 88.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $136K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 13 filing years from 2011 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 37/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.