The Rotary Club of Shelby
Nonprofit profile at a glance
- EIN
- 566093274
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Shelby, NC, USA
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $75,312
- Expenses
- $69,100
- Assets
- $13,644
- Liabilities
- $2,955
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- BRAD R CORNWELL (PRESIDENT)
People named in this filing
- PETER HARRIS BAGLEY (DIRECTOR)
- H ALLEN LANGLEY (SECRETARY)
- MICHELLE T GAREY (CO-TREASURER)
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
To provide service to others, promote integrity, and advance world understanding, goodwill, and peace through our fellowship of business, professional, and community leaders.
What it reported doing in 2024
Rotary members believe that we have a shared responsibility to take action on our worlds most persistent issues. Our 46,000+ clubs work together to: promote peace fight disease provide clean water, sanitation, and hygiene save mothers and children support education grow local economies protect the environment
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.4%; rating input score 67
- Program expense ratio: 73.5%; rating input score 73
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.2%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.2; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 10.9% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 15.2% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 20.1% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 67.4% of revenue deployed · 73.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $51K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2022 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 — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.