Quick charity verification for Bridgeport Rotary Club Foundationinc (EIN: 205655260)
Verdict: Bridgeport Rotary Club Foundationinc shows mixed signals
45/100Mission Score
$35KRevenue
$3.7MAssets
4Red Flags
3Strengths
Red Flags
Consistent and significant net losses, with expenses far exceeding revenue for multiple years (e.g., 2021 expenses $524,514 vs. revenue $54,001).
Sharp decline in annual revenue from $276,926 in 2017 to $35,123 currently.
Substantial decrease in total assets from $5,675,204 in 2018 to $3,662,642 currently, indicating depletion of reserves.
Unsustainable financial trend where the organization is spending down its endowment or accumulated funds without sufficient new income.
Strengths
Consistent filing of IRS 990 forms, indicating adherence to reporting requirements.
No reported officer compensation, suggesting a volunteer-led executive team and efficient use of funds at the leadership level.
Maintains substantial assets ($3,662,642) despite financial challenges, providing a buffer for a period.
Spending Breakdown
How Bridgeport Rotary Club Foundationinc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bridgeport Rotary Club Foundationinc
Is Bridgeport Rotary Club Foundationinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridgeport Rotary Club Foundationinc (EIN: 205655260) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
Is Bridgeport Rotary Club Foundationinc a good charity to donate to?
Bridgeport Rotary Club Foundationinc has a Mission Score of 45/100. Revenue: $35K. Assets: $3.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bridgeport Rotary Club Foundationinc?
The Employer Identification Number (EIN) for Bridgeport Rotary Club Foundationinc is 205655260. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bridgeport Rotary Club Foundationinc spend its money?
Bridgeport Rotary Club Foundationinc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bridgeport Rotary Club Foundationinc's tax-exempt status?
You can verify Bridgeport Rotary Club Foundationinc's tax-exempt status using EIN 205655260 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Bridgeport Rotary Club Foundation Inc. exhibits a concerning trend of significant financial decline over the past several years. While the organization maintains substantial assets, reported at $3,662,642 in its latest filing, its revenue has plummeted from a high of $276,926 in 2017 to a mere $35,123 currently. Concurrently, expenses have consistently outstripped revenue, often by a wide margin, such as in 2021 when expenses were $524,514 against $54,001 in revenue. This persistent deficit spending, coupled with a decrease in assets from $5,675,204 in 2018 to the current level, indicates an unsustainable financial model.
The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent and substantial net losses suggest that current operational costs are not being covered by incoming funds. The absence of reported officer compensation across all filings indicates a volunteer-led executive structure, which can be a positive for minimizing administrative overhead, but does not mitigate the overall financial instability. The foundation's transparency appears adequate in terms of filing its IRS 990s consistently, but the financial trends raise serious questions about its long-term viability and impact.