Rotary International Club of Madison County NC
Nonprofit profile at a glance
- EIN
- 260079818
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Mars Hill, NC, USA
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $136,557
- Expenses
- $106,722
- Assets
- $86,745
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Steve Bellofatto (President-Elect)
- Brad Guth (President)
People named in this filing
- Penelope Glass (Secretary)
- Richard Molland (Treasurer)
- Steve Bellofatto (President-Elect)
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
Social Welfare
What it reported doing in 2024
Education - Providing scholarships to local students to attend colleges and universities: 4-way test scholarship Service Above Self Scholarship Irv Washington Scholarship - 3 students in total Rotary Youth Leadership Academy RYLA Mars Hill University support. High School programs: Junior Achievement Third Grade Dictionaries Youth Exchange Student support Classroom Teacher materials support High School Drama Group support.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - 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: 8
- Transparency & Controls: 100
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.2%; rating input score 7
- Program expense ratio: 9.3%; rating input score 9
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 21.8%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 52; 52nd 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: 1% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 5.8% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 7.2% of revenue deployed · 9.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 7 filed program accomplishments · $10K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2009 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.
- High — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Financial Efficiency: Program expense ratio scored 9/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.