Reno Rotary Foundation
Nonprofit profile at a glance
- EIN
- 880287496
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Reno, NV, USA
- Phone
- 7757864464
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $199,696
- Expenses
- $231,925
- Assets
- $1,132,467
- Liabilities
- $32
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MICHAEL BLAKELEY (PRESIDENT)
- CORRY CASTANEDA (PAST PRESIDENT)
People named in this filing
- MICHAEL BLAKELEY (PRESIDENT)
- CORRY CASTANEDA (PAST PRESIDENT)
- DAVID SPILLERS (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To serve as a steward of charitable efforts which support the mission of the rotary club of reno.
What it reported doing in 2024
Youth services projects include: sending 9 students to the rotary youth leadership program (200+/- students attend annually); sending 10 students to the rotary youth eighth grade leadership program (200+/- students attend annually); sponsored both an inbound and an outbound student for the rotary youth exchange program; participated with four other rotary clubs in providing a scholarship program and awarding $65,000 in scholarships to approximately 40 students; approximately a dozen students participated in the club's music and speech contests, with the winners going on to compete at the area contest; our literacy project provided an author's presentation and books to several thousand students at nine elementary schools.
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 66
- Accountability: 82
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.4%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 26th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 69%; rating input score 69; 46th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: -16.1%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 4.88; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 2.4% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 94.4% of spending went to programs
- Governance: 10 of 10 board members independent · 4 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $219K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 21 of 23 current checks pass · 2 findings to review
- Schedules: 8 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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: Foreign activity oversight: 8 of 8 not reported.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Sustainability: Operating margin scored 17/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.