Anacortes Rotary Charitableassociation
Anacortes Rotary Charitableassociation consistently generates significant surpluses, growing assets to over $650,000 with zero officer compensation.
EIN: 203930067 · Anacortes, WA · NTEE: S80 · Updated: 2026-03-28
Is Anacortes Rotary Charitableassociation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anacortes Rotary Charitableassociation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Anacortes Rotary Charitableassociation
Anacortes Rotary Charitableassociation (EIN: 203930067) is a nonprofit organization based in Anacortes, WA, classified under NTEE code S80. The organization reported total revenue of $235K and total assets of $323K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anacortes Rotary Charitableassociation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anacortes Rotary Charitableassociation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Anacortes Rotary Charitableassociation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Anacortes Rotary Charitableassociation:
- Consistent and significant financial surpluses, such as $205,568 in 2024 ($331,998 revenue - $126,430 expenses).
- Strong asset growth, increasing from $136,850 in 2021 to $654,116 in 2024.
- Zero reported liabilities across all filing periods, indicating excellent financial stability.
- 0% officer compensation, demonstrating a highly efficient use of funds for its mission.
- Positive revenue trends, with revenue increasing from $107,241 in 2019 to $331,998 in 2024.
Frequently Asked Questions about Anacortes Rotary Charitableassociation
Is Anacortes Rotary Charitableassociation a legitimate charity?
Based on AI analysis of IRS 990 filings, Anacortes Rotary Charitableassociation (EIN: 203930067) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Anacortes Rotary Charitableassociation spend its money?
Anacortes Rotary Charitableassociation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Anacortes Rotary Charitableassociation tax-deductible?
Anacortes Rotary Charitableassociation is registered as a tax-exempt nonprofit (EIN: 203930067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Anacortes Rotary Charitableassociation a good charity?
Based on the provided financial data, Anacortes Rotary Charitableassociation appears to be a very good charity. It consistently generates significant surpluses, has zero liabilities, and reports 0% officer compensation, indicating strong financial health and a commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, particularly in recent years. Assets have grown from $136,850 in 2021 to $654,116 in 2024, and revenue has consistently outpaced expenses, leading to substantial surpluses.
What is the organization's approach to executive compensation?
Anacortes Rotary Charitableassociation reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or that compensation is handled in a way that doesn't fall under this category, which is highly efficient for a nonprofit.
Filing History
IRS 990 filing history for Anacortes Rotary Charitableassociation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Anacortes Rotary Charitableassociation's revenue has grown by 108.5%, moving from $159K to $332K. Total assets increased by 385.9% over the same period, from $135K to $654K. Total functional expenses fell by 10.5%, from $141K to $126K. In its most recent filing year (2024), Anacortes Rotary Charitableassociation reported a surplus of $206K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $332K | $126K | $654K | $0 | — | — |
| 2023 | $287K | $121K | $449K | $0 | — | View 990 |
| 2022 | $250K | $98K | $289K | $668 | — | View 990 |
| 2021 | $407K | $425K | $137K | $501 | — | View 990 |
| 2020 | $183K | $236K | $158K | $4K | — | View 990 |
| 2019 | $107K | $103K | $210K | $4K | — | View 990 |
| 2018 | $107K | $104K | $203K | $0 | — | View 990 |
| 2017 | $159K | $116K | $199K | $0 | — | View 990 |
| 2016 | $87K | $108K | $157K | $181 | — | View 990 |
| 2015 | $107K | $84K | $178K | $160 | — | View 990 |
| 2014 | $136K | $102K | $156K | $521 | — | View 990 |
| 2013 | $119K | $132K | $121K | $0 | — | View 990 |
| 2012 | $159K | $141K | $135K | $-46 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $332K, expenses of $126K, and assets of $654K (revenue +15.8% year-over-year).
- 2023: Revenue of $287K, expenses of $121K, and assets of $449K (revenue +14.7% year-over-year).
- 2022: Revenue of $250K, expenses of $98K, and assets of $289K (revenue -38.6% year-over-year).
- 2021: Revenue of $407K, expenses of $425K, and assets of $137K (revenue +122.0% year-over-year).
- 2020: Revenue of $183K, expenses of $236K, and assets of $158K (revenue +71.0% year-over-year).
- 2019: Revenue of $107K, expenses of $103K, and assets of $210K (revenue +0.4% year-over-year).
- 2018: Revenue of $107K, expenses of $104K, and assets of $203K (revenue -32.7% year-over-year).
- 2017: Revenue of $159K, expenses of $116K, and assets of $199K (revenue +83.0% year-over-year).
- 2016: Revenue of $87K, expenses of $108K, and assets of $157K (revenue -19.1% year-over-year).
- 2015: Revenue of $107K, expenses of $84K, and assets of $178K (revenue -21.3% year-over-year).
- 2014: Revenue of $136K, expenses of $102K, and assets of $156K (revenue +14.8% year-over-year).
- 2013: Revenue of $119K, expenses of $132K, and assets of $121K (revenue -25.5% year-over-year).
- 2012: Revenue of $159K, expenses of $141K, and assets of $135K.
Data Sources and Methodology
This transparency report for Anacortes Rotary Charitableassociation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.