Locust Valley Rotary Club
Nonprofit profile at a glance
- EIN
- 116111377
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Locust Valley, NY, USA
- Phone
- 5166240200
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,282
- Expenses
- $1,442
- Assets
- $8,253
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- GABOR KARSAI (PRESIDENT)
People named in this filing
- GABOR KARSAI (PRESIDENT)
- CHARLES JOHNSON (SECRETARY)
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
This is a local chapter of the worldwide organization of business and professional leaders that provide humanitarian service in the community, in the workplace and throughout the world. The organization encourages high ethical standards in all vocations and helps build goodwill and peace in the world.
What it reported doing in 2024
Insurance reimbursement for signage destroyed in car accident.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 82
- Sustainability: 76
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.9%; rating input score 44
- 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: Limited
Sustainability
- Operating margin: 56.1%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 5.72; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: Limited
- 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: -14.4% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: 0.5% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 43.9% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $1K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 14 filing years from 2010 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.