Rotary International Verrazano Rotary Foundationinc

Nonprofit profile at a glance

EIN
113214831
IRS 990-EZ coverage
2011–2022
Forms available
Form 990-EZ 2022
Location
Brooklyn, NY, USA
Phone
7186301404
Rating
36
Verdict
REVIEW
Rating confidence
Limited
Sector
Community Service Clubs

Reported finances

Revenue
$32,866
Assets
$108,408

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JOSEPH SPEZIALE (PRESIDENT)

People named in this filing

  • JOSEPH SPEZIALE (PRESIDENT)
  • JOSEPH CARUANA (TREASURER)
  • ROBERT LINDSAY (SECRETARY)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the rotary is to support its member clubs in fulfilling the object of rotary by fostering unity among member clubs, strengthening and expanding rotary around the world, communicating worldwide the work of the rotary and providing a system of international administration.

What it reported doing in 2022

Develops community service projects concerning poverty, hunger, environment, violence, and other critical issues involvingchildren

Operating model

Revenue model
Other-operating. 61% of the money available for current operations came from other operating revenue.
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

REVIEW - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: NotEnoughData
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 1.9% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: -3.4% per year; rating input score 0; 43rd percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 2 of 2 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 11 filing years from 2011 to 2022
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Growth: Revenue growth scored 0/100.