Rotary Club of Algona
Nonprofit profile at a glance
- EIN
- 426077734
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Algona, IA, USA
- Phone
- 5152959426
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $68,637
- Expenses
- $67,044
- Assets
- $52,182
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JEFFREY KNAPP (PRESIDENT)
- JOHN BILSTEN (PRESIDENT EL)
People named in this filing
- REXANN MCENROE (TREASURER)
- VICKI MALLORY (PAST PRESIDE)
- JEFFREY KNAPP (PRESIDENT)
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 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: 1. The development of acquaintance as an opportunity for service; 2. High ethical standards in business and professions; the recognition of the worthiness of all useful occupations; and the dignifying of each rotarians occupation as an opportunity to serve society; 3. The application of the ideal of service in each rotarians personal, business, and community life; 4. The advancement of international understanding, goodwill, and peace through a world fellowship of business and professional persons united in the ideal of service.
What it reported doing in 2024
Contributions to rotary international and district for international projects including ending polio and water projects.
Operating model
- Revenue model
- Other-operating. 75% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - 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: 41
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41%; rating input score 41
- Program expense ratio: 40.9%; rating input score 41
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.3%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 40; 40th 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: -6.3% per year; rating input score 0; 33rd percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 41% of revenue deployed · 40.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $27K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.