Greater Raymond Nh Rotary Scholarship & Charitable Foundation

Nonprofit profile at a glance

EIN
020530406
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024, Form 990-N 2014
Location
Raymond, NH, USA
Phone
6038950101
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$21,536
Expenses
$30,003
Assets
$42,369

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

Leadership & pay

8 people listed

Executive titles in this filing

  • DON MEAGHER (PRESIDENT)

People named in this filing

  • DON MEAGHER (PRESIDENT)
  • KATHRYN KUCHARSKI (PRES-ELECT/T)
  • ROBERT GAGNON (VICE PRESIDE)

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 provide scholarship assistance to deserving area students; to provide financial assistance to area schools, libraries, recreation and safety departments; to support local food pantries with assistance for food- insecure people in our communities; to provide monetary and humanitarian assistance to people in need resulting from disability, fire, natural disaster, conflicts, or other calamities, both locally and worldwide.

What it reported doing in 2024

Numerous donations and support of local community programs to include: raymond coalition for youth - 4,600 local youth drug prevention programs raymond coalition for youth - 1,274 community pickleball court project seven 8th grade 'service above self' student recognition awards - 350 raymond nh veterans of foreign wars - 500 patio construction project boxes of love for the homeless - 3,000 nh homeless and poverty relief raymond baptist church - 3,000 community food insecurity grant raymond festival of trees - 228 holiday support end 68 hours of hunger - 192 grocery bags for hunger relief raymond nh high school band - 250 choir and band donation girl scouts troop 10435 raymond nh - 120 donation raymond youth athletic association - 3,000 youth sports support southeast land trust nh - 3,000 camp atlas program support town of raymond nh - 250 fourth of july celebration miscellaneous donations - 108

Operating model

Revenue model
Other-operating. 91% 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

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -39.3%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 1.41; rating input score 56; 56th 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: 10.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 3.6% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $30K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2015 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.

  • High — Sustainability: Operating margin scored 15/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.