Is Okanogan Omak Rotary Foundation Legit?

The Okanogan Omak Rotary Foundation demonstrates consistent financial health with growing assets and a strong program focus. Over the past decade, the organization has shown a steady increase in assets, from $161,100 in 2015 to $257,352 in 2024, indicating sound financial management and accumulation of resources. Their latest filing shows revenue of $132,616 against expenses of $114,071, resulting in a surplus that further contributes to asset growth. The foundation consistently reports zero liabilities, which is a significant indicator of financial stability and low risk. Spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation across all filings, suggesting that administrative costs are kept very low and the organization relies heavily on volunteer efforts. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation strongly implies that a substantial portion of expenses is directed towards their mission. The organization's consistent filing history over 13 periods also points to good governance and transparency in reporting to the IRS. Overall, the Okanogan Omak Rotary Foundation appears to be a well-managed and financially stable organization with a clear commitment to its mission, supported by prudent financial practices and a strong volunteer base. The consistent growth in assets and absence of liabilities are key indicators of its robust financial standing.