Leesburg Daybreak Rotary Foundation Inc
Nonprofit profile at a glance
- EIN
- 541949301
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Leesburg, VA, USA
- Phone
- 5717078294
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $13,237
- Expenses
- $17,655
- Assets
- $240,918
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- LANDY PATTON (PRESIDENT)
- DAVID JONES (IMMEDIATE PAST PRESIDENT)
- BRADLEY GABLE (PRESIDENT-ELECT)
People named in this filing
- LANDY PATTON (PRESIDENT)
- CAMERON SALEMI (SECRETARY)
- PETER NADANYI (TREASURER)
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
The foundation is the charitable affiliate of rotary club of leesburg-daybreak. Its primary purpose is to raise funds to be distributed to various charitable organizations that benefit humanity locally and internationally. In addition, the foundation provides college and university scholarships to local high achieving students who have demonstrated they could benefit from such assistance.
What it reported doing in 2024
Further in conjunction with the foundation's affiliated club (rotary club of leesburg - daybreak; fein: 54-1763377), support is provided to polio plus, a charitable affiliate of rotary international, inc. Whose mission is to assist in the eradication of polio.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 98% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 50
- Growth: 20
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: Yes; rating input score 100
Sustainability
- Operating margin: -33.4%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 13.65; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -14.6% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: -5.2% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: 17.9% per year; rating input score 100; 84th 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 · $18K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2018 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.