Is Bath Rotary Club Legit?

The Bath Rotary Club demonstrates consistent financial activity, with annual revenues generally ranging between $50,000 and $75,000 over the past decade. The organization's assets have fluctuated, reaching a high of $74,569 in 2022 but declining to $18,687 in the latest 2024 filing. This recent decrease in assets, alongside a revenue of $55,194 and expenses of $54,113, indicates a relatively stable but tight financial position. The consistent reporting of zero liabilities across all available filings is a strong indicator of financial prudence and a lack of debt, which is a significant positive for financial health. While specific program spending percentages are not detailed in the provided summary, the absence of officer compensation across all filings suggests that the organization is run by volunteers, which typically maximizes the proportion of funds available for programmatic activities. The organization's consistent filing of IRS Form 990s over 15 periods demonstrates a commitment to transparency and compliance with regulatory requirements. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. Overall, the Bath Rotary Club appears to be a financially stable, volunteer-driven organization with a good record of compliance. Its financial health is characterized by modest but consistent revenue, a lack of debt, and a recent decline in assets that warrants monitoring. The absence of officer compensation is a notable strength, indicating that resources are likely directed towards its mission.