Thousand Oaks Rotary Club
Nonprofit profile at a glance
- EIN
- 956141008
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Thousand Oaks, CA, USA
- Phone
- 8054797967
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $258,751
- Expenses
- $258,718
- Assets
- $274,783
- Liabilities
- $175,187
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- PAT MCCOY (President)
- PATRICIA JONES (PAST PRESIDENT)
- DARIN ARRASMITH (PRESIDENT ELECT)
People named in this filing
- NELSON BUSS (BOARD MEMBER)
- VICKI ARNDT (BOARD MEMBER)
- MARIA PRESCOTT (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Specific and primary purpose is charitable and benevolent and to encourage, promote and extend the object of rotary international.
What it reported doing in 2024
Various contributions and programs
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 46% for direct work, and 54% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 66
- Accountability: 88
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.4%; rating input score 91
- Program expense ratio: 91.4%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 23.1%; rating input score 23; 39th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.64; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 8.3% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 91.4% of revenue deployed · 91.4% of spending went to programs
- Governance: 10 of 10 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $236K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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 — Transparency & Controls: Grant itemization coverage scored 23/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.