Kewanee Rotary Foundation

Nonprofit profile at a glance

EIN
363439357
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-T 2022
Location
Kewanee, IL, USA
Phone
3098525515
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$67,922
Expenses
$56,651
Assets
$797,533
Liabilities
$300

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

Leadership & pay

12 people listed

Executive titles in this filing

  • ERIN SPIVEY (President Elec)
  • ZACHARY LESSARD (President)
  • ALANDA FLORES (Vice President)
  • JOHN LOONEY (Past President)

People named in this filing

  • ERIN SPIVEY (President Elec)
  • MERLE HALL (Director)
  • DIANNE PACKEE (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support various public charities, community events, and school activities in the kewanee area.

What it reported doing in 2024

Support to local community organizations, including Rotary Int F. Projects $1,000, B.H.E $3,000, OSF St Luke Trans Project $2,500, Y.M.C.A $2,000, Boys Scouts of America $3,000, Braveheart Children's Advoc. $1,000, Scholarship awards $3,284, Junior Achievement $2,500, Girl Scouts $2,000, Salvation Army $2,000, School Literacy Project $1,970, Kewanee Food Pantry $2,000, Kewanee Area Arts Council $9,153, Kewanee Area Arts Council Spec. $2,666, Freedom House $1,500, Rebuild Together Henry County $1,250, SunShine Comm Service Center $1,500, Noland Keane BBAll Classic $1,000, and Rorie Mae Foundation $1,000. In addition, there is $17,803 in 20 other projects of donations for $1,000 or less.

Operating model

Revenue model
Donor-supported. 65% 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

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 59
  • Accountability: 64
  • Sustainability: 65
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.3%; rating input score 89
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 21st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • 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: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16.6%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 14.08; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 1.8% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: -22.3% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 89.3% of revenue deployed · 100% of spending went to programs
  • Governance: 12 of 12 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $57K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 15 of 16 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 7 filing years from 2016 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 — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.