Rotary Club of Carlsbad
Nonprofit profile at a glance
- EIN
- 956095738
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Carlsbad, CA, USA
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $127,561
- Expenses
- $130,641
- Assets
- $113,564
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Roy Meenes (President)
- Kelly Schafer (President-Elect)
- Malena Bennett (Past-President)
People named in this filing
- Roy Meenes (President)
- Kelly Schafer (President-Elect)
- Brian Crumbaker (Director)
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
UNDER SEC. 501(C)(4): 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; First. The development of acquaintance as an opportunity for service; Second. High ethical standards in businesses and professions; recognition of the worthiness of all useful occupations; and the dignifying by each Rotarian if his occupation as an opportunity to serve society; Third. The application of the ideal of service by every Rotarian to his personal, business and community life; Fourth. The advancement of international understanding, good will, and peace through a world fellowship of business and professional men united in the ideal of service.
What it reported doing in 2024
The Rotary Foundation - transforms gifts into projects that change lives both close to home and around the world
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending 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: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.5%; rating input score 47
- Program expense ratio: 45.4%; rating input score 45
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2.4%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 1.9% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 13.2% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 46.5% of revenue deployed · 45.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 8 filed program accomplishments · $59K 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: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 47/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- High — Sustainability: Operating margin scored 27/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.