Lake Oswego Rotary Foundation Inc

Nonprofit profile at a glance

EIN
931000938
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Location
Lake Oswego, OR, USA
Rating
54
Verdict
MIXED
Rating confidence
Standard

Reported finances

Revenue
$415,726
Expenses
$431,340
Assets
$198,896
Liabilities
$14,985

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • CANDACE JENNINGS (PRESIDENT ELECT)
  • PETER YORK (IMMEDIATE PAST PRESIDENT)
  • WILLIAM ONEILL (PRESIDENT)

People named in this filing

  • ROBIN KRAKAUER (DIRECTORCOMMUNITY SERVICE CO)
  • KEN PERIGO (DIRECTORCOMMUNITY SERVICE CO)
  • LAUREN ONEILL (DIRECTORNEW GENERATIONS CHAI)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The lo rotary foundations mission is to further the humanitarian goals ofrotary international by generating funds for scholarship and grants and providingmaterials to improve the lives of those in need within the local community andsupporting selected rotary projects ww.

What it reported doing in 2023

Support of youth services including dictionaries for all lake oswego 3rd graders, rotary youth leadership awards, provide opportunity and funds for students to attend world affairs seminar, international youth exchange activities, support of high school intereact activities, 4 scholarships awarded to high school seniors awarded

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.

The verdict

MIXED - Most voting board members are independent and revenue has grown recently. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 58
  • Accountability: 70
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.4%; rating input score 50
  • Program expense ratio: 48.1%; rating input score 48
  • Fundraising efficiency: $1.73 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 72.7%; rating input score 73; 0th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 24.4%; rating input score 24; 40th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • 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: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.8%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -4.7% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 50.4% of revenue deployed · 48.1% of spending went to programs
  • Governance: 21 of 21 board members independent · 2 of 7 filing controls reported
  • Programs: 7 filed program accomplishments · $207K in reported program spending
  • Leadership: top reported pay $0 · 21 people listed
  • Consistency: 14 of 17 current checks pass · 3 findings to review
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 13 filing years from 2009 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • High — Transparency & Controls: Grant itemization coverage scored 24/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 48/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Foreign grants require schedule f did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.