Lake Wylie Rotary Club Foundation
Nonprofit profile at a glance
- EIN
- 900793462
- IRS 990-EZ coverage
- 2012–2023
- Forms available
- Form 990-EZ 2023
- Location
- Lake Wylie, SC, USA
- Phone
- 7047529845
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $33,374
- Expenses
- $34,089
- Assets
- $52,155
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Andrew Ketchum (Chairman)
- Chadwick Bordeaux (Trustee)
- Ritchie Russell (Trustee)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Lake Wylie Rotary Club Foundation Inc.'s purpose is to impact its local community through educational enhancement, promotion of youth activities, the promotion of good health, the fighting of poverty, the improvement of our environment, and other charitable endeavors.
What it reported doing in 2023
Coins for Alzheimers Research Trust (CART)
Operating model
- Revenue model
- Other-operating. 88% 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: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.8%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2.1%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 1.53; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 10.1% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $34K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2012 to 2023
- 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.
- Moderate — Sustainability: Operating margin scored 42/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.