Rotary Club of Sarasota Bay Inc

Nonprofit profile at a glance

EIN
596143545
IRS 990-EZ coverage
2010–2023
Forms available
Form 990-EZ 2023
Location
Sarasota, FL, USA
Phone
9413783735
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$47,021
Expenses
$43,784
Assets
$47,630
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ANN KRAUSE (PAST PRESIDENT)
  • CHARLES REITH (PRESIDENT)
  • JOHN MOUSSEAU (FOUNDATION PRESIDENT)
  • CAROL MITCHELL (PRESIDENT ELECT)

People named in this filing

  • LESLIE GLASS (DIRECTOR)
  • BARBARA VIOLA (TREASURER)
  • BARRY LEVENSON (BULLETIN EDITOR)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To encourage and foster the ideal of service as a basis of worthy enterprise.

What it reported doing in 2023

Membership expenses, meetings, programs, etc.

Operating model

Revenue model
Earned-program. 60% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.1%; rating input score 88
  • Program expense ratio: 94.6%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.9%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 1.09; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3.3% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 6.2% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 88.1% of revenue deployed · 94.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $41K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 14 filing years from 2010 to 2023
  • 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.

  • Review — Sustainability: Operating margin scored 58/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.