Golden Rotary Foundation
Nonprofit profile at a glance
- EIN
- 841479121
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2008
- Location
- Golden, CO, USA
- Phone
- 3039850004
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $33,009
- Expenses
- $47,759
- Assets
- $118,543
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JOAN OSBORNE (PRESIDENT)
People named in this filing
- JOAN OSBORNE (PRESIDENT)
- LARRY FIKE (PAST PRESIDE)
- KEN BOGGS (TREASURER)
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
To support charitable, religious, scientific, cultural or educational uses and purposes as will, in the absolute and uncontrolled discretion of the directors of the foundation, most effectively assist and encourage and advance the objects, purposes and programs of the golden rotary club as expressed in its consistution and promote the objects and purposes of rotary international; and to these ends, organize, establish, support, and maintain charitable, religious, scientific, cultural and educational activities.
What it reported doing in 2024
The miracle shop is an annual holiday popup store in golden, Colorado to provide toys for kids at the holidays. This store allows financially struggling parents the ability to shop for new and quality toys at reduced prices.
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 63% for direct work, and 37% 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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 34
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.4%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -44.7%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 2.48; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -5% per year; rating input score 0; 35th percentile among comparable filings
- Revenue growth: -7% per year; rating input score 0; 30th percentile among comparable filings
- Asset growth: -1.6% per year; rating input score 0; 33rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $47K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Operating margin scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.