Readlyn Community Club Inc

Nonprofit profile at a glance

EIN: 061691116
IRS 990-EZ coverage: 2022–2024
Forms available: Form 990-EZ 2024
Location: Readlyn, IA, USA
Phone: 3194155797
Rating: 62
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Community Service Clubs

Reported finances

Revenue: $53,091
Expenses: $45,136
Assets: $87,320

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

Leadership & pay

9 people listed

Executive titles in this filing

MICHELLE HARRINGTON (PRESIDENT)

People named in this filing

MICHELLE HARRINGTON (PRESIDENT)
KRISTIE BOISE (CO-TREASURER)
LOUIE HARTMAN (CO-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

An organization dedicated to making readlyn a great place to live and raise a family. Various rcc committees comprised of volunteer members are responsible for organizing community events and services throughout the year. Rcc also works closely with other organizations and businesses in town by raising and

What it reported doing in 2024

Grump days: readlyns annual town celebration. Expensesinclude fireworks, entertainment, and the annual grump, little grumpsters, and miss readlyn pageants. This celebration is open to all.

Operating model

Revenue model: Earned-program. 79% of the money available for current operations came from fees and other program revenue.
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 revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 46
Transparency & Controls: 82
Sustainability: 57
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 43.2%; rating input score 43
Program expense ratio: 51.9%; rating input score 52

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 15%; rating input score 68; 68th percentile among comparable filings
Total-asset coverage ratio: 1.93; rating input score 64; 64th 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: -36.2% per year; rating input score 0; 11th percentile among comparable filings
Revenue growth: 0.3% per year; rating input score 100; 53rd percentile among comparable filings
Asset growth: 3.2% per year; rating input score 100; 51st percentile among comparable filings

Details

Where the money goes: 43.2% of revenue deployed · 51.9% of spending went to programs
Governance: Filed governance answers
Accomplishments: 3 filed program accomplishments · $23K in reported program spending
Leadership: top reported pay $0 · 9 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 3 filing years from 2022 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 43/100.
Review — Financial Efficiency: Program expense ratio scored 52/100.
High — Growth: Program expense growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.