Sequim Sunrise Rotary Foundation

Nonprofit profile at a glance

EIN
912004384
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Sequim, WA, USA
Phone
3072507369
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$128,567
Expenses
$81,605
Assets
$476,041

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • LORIE FAZIO (PRESIDENT ELECT)
  • BILL BENEDICT (PAST PRESIDENT)
  • ERIC MAHNERD (President)

People named in this filing

  • MICHELE SCOTT DUNCAN (BOARD MEMBER)
  • ANN FLACK (Treasurer)
  • NICOLE HARTMAN (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The rotary foundation helps rotarians to advance world understanding, good will and peace by improving health, providing quality education, improving the environment allevating poverty

What it reported doing in 2024

Good news giving - donations received from members during hybird meetings to benefit miscellaneous local entities including: sequim high school projectssequim whellersnorth olympic librarynamibia educationvarious other projects as needed

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 36
  • Transparency & Controls: 74
  • Sustainability: 77
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 30.1%; rating input score 30
  • Program expense ratio: 47.5%; rating input score 47

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 36.5%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 5.83; rating input score 97; 97th 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: -12.5% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 20.6% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 21% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 30.1% of revenue deployed · 47.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $39K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • High — Growth: Program expense growth scored 0/100.