Ventura South Rotary Foundation Inc

Nonprofit profile at a glance

EIN
770310748
IRS 990-PF coverage
2014–2024
Forms available
Form 990-PF 2024
Location
Ventura, CA, USA
Phone
6613318876
Rating
83
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$149,067
Expenses
$127,236

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

Overview

Mission

Ventura South Rotary Foundation Inc is a nonprofit. Location: Ventura, CA. EIN 770310748. Tax year 2024 Form 990-PF reports $149K revenue and $127K expenses.

What it reported funding in 2024

The foundation reported 6 filed grant rows totaling $74,197. The stated grant purposes included general charitable support to further library programs, literacy initiatives, educational outreach, and community services administered by ventura county library foundation, general charitable support to further housing and supportive services programs for vulnerable individuals and families., and educational scholarship funding for the benefit of eligible students enrolled at various uc regent colleges, awarded pursuant to the foundations charitable scholarship program., plus 3 other reported purposes.

Operating model

Revenue model
Donor-supported. 67% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. A relatively small share of spending goes to grants and assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 58
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 18

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 85th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 58.3%; rating input score 58; 27th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 4.29; rating input score 18; 18th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 18th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 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.

  • Review — Cost Efficiency: Grant expense ratio scored 58/100.
  • High — Endowment Health: Endowment-health comparison scored 18/100.