Rotary Club of Clearwater Inc
Nonprofit profile at a glance
- EIN
- 590996540
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Clearwater, FL, USA
- Phone
- 7275376570
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $117,056
- Expenses
- $183,555
- Assets
- $120,805
- Liabilities
- $26,219
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Todd Jennings (President)
- Ted Morris (Past President)
- Adam Blackwell (Vice President)
People named in this filing
- Bart Amey (Director)
- James Clark (Director)
- Paul Douglass (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
Promote social welfare with net earnings devoted to chartible, educational, and recreational purposes.
What it reported doing in 2024
See schedule O - Youth Scholarship program
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 51% for direct work, and 49% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 84.6%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -56.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -0.6% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -0.7% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 84.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $155K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.