Rotary Club of Mystic Inc
Nonprofit profile at a glance
- EIN
- 066103789
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2011
- Location
- Mystic, CT, USA
- Phone
- 8605361200
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $18,067
- Expenses
- $17,826
- Assets
- $7,788
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- BETTY SMITH (PRESIDENT EL)
- JEFF KRAMER (PRESIDENT)
People named in this filing
- GEORGE SYLVESTRE (PAST PRESIDE)
- WILLIAM SMITH (TREASURER)
- BETTY SMITH (PRESIDENT EL)
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 primary purpose is to encourage and foster the ideal of service as a basis of worthy enterprise and, in particular, to encourage and foster the following: - the development of acquintance as an opportunity for service, - high ethical standards in business and professions; recognition of the worthiness of all useful occupations and dignifying of each rotarian's occupations as an opportunity to serve society, - the application of the ideal of service in each rotarian's personal, business and community life, - 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
To serve and contribute local community with a common goal of raising funds and supporting local non-profits whose mission most aligns with rotary internationals 6 areas of focus: promoting peace, fighting disease, saving mothers and children, supporting education, promoting local economy, and clean water.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.7%; rating input score 99
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.3%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 27; 27th 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: -4.4% per year; rating input score 0; 37th percentile among comparable filings
- Revenue growth: -11.8% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: -12.4% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 98.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $18K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 13 filing years from 2011 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.