Kalamazoo Rotary Club Charities

Nonprofit profile at a glance

EIN
386089188
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Kalamazoo, MI, USA
Phone
2696295243
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Men's Service Clubs

Reported finances

Revenue
$94,924
Expenses
$83,631
Assets
$64,091
Liabilities
$28,083

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

Leadership & pay

10 people listed

Executive titles in this filing

  • MARTIN VELLEN (PAST PRESIDENT)
  • TAYLOR HUIE (PRESIDENT/VICE PRESIDENT)

People named in this filing

  • MARTIN VELLEN (PAST PRESIDENT)
  • BRIAN KAUFMAN (DIRECTOR)
  • ROBERT MILLER (DIRECTOR)

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 promote educational, religious and charitable objectives which will advance the cause of human welfare in the city of kalamazoo and elsewhere.

What it reported doing in 2024

Kalamazoo rotary club charities provides support to various operating tax-exempt organizations in the kalamazoo area and elsewhere in the world on a non-continuing basis in the form of seed money to launch new or pilot programs that if successful should be able to generate its own future support, capital expenditures necessary for important charitable or civic programs, special programs which compliment the precepts of rotary and matching funds to leverage or help generate additional outside support to the organizations.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.5%; rating input score 84
  • Program expense ratio: 94.8%; rating input score 95

Transparency & Controls

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

Sustainability

  • Operating margin: 11.9%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.77; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 10.6% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 83.5% of revenue deployed · 94.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $79K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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: Total-asset coverage ratio scored 39/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.