Memphis Rotary Club

Nonprofit profile at a glance

EIN
620344795
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Germantown, TN, USA
Phone
9015261318
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$76,508
Expenses
$114,622
Assets
$211,421
Liabilities
$300,901

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

Leadership & pay

16 people listed

Executive titles in this filing

  • BRETT BATTERSON (PRESIDENT)
  • AMY BETH DUDLEY (IMMEDIATE PAST PRESIDENT)
  • NED CANTY (VICE PRESIDENT)
  • LEA CARR (PRESIDENT-ELECT NOMINEE)
  • CHUCK THOMAS (PRESIDENT-ELECT)
  • TAYLOR HUGHES (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TAYLOR HUGHES (EXECUTIVE DIRECTOR): $96,436 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The object of Rotary is to encourage and foster the ideal of service as a basis of worthy enterprise and, in particular, to encourage and foster: the development of acquaintance as an opportunity for service; high ethical standards in business and professions; recognition of the worthiness of all useful occupations; dignifying of each Rotarians personal, business and community life; advancement of international understanding, goodwill & peace through a world of fellowship of business & professional persons united in the ideal of service.

What it reported doing in 2024

Advancement of rotary goals and ideals through membership meetings and other activities.

Operating model

Revenue model
Membership-supported. 98% of the money available for current operations came from membership dues.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some related-organization disclosures are missing and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 90
  • Accountability: 84
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 77.6%; rating input score 78
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: -49.8%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 1.42; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 21%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 12.8% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: -10.1% per year; rating input score 0; 32nd percentile among comparable filings
  • Asset growth: 14% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 77.6% of spending went to programs
  • Governance: 15 of 15 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $89K in reported program spending
  • Leadership: top reported pay $96K · 16 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes related organizations
  • Filing history: 10 filing years from 2015 to 2024
  • 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.

  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.