Broomfield Rotary Foundation
Broomfield Rotary Foundation shows consistent asset growth and zero officer compensation.
EIN: 113792261 · Broomfield, CO · NTEE: T30 · Updated: 2026-03-28
Is Broomfield Rotary Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Broomfield Rotary Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Broomfield Rotary Foundation
Broomfield Rotary Foundation (EIN: 113792261) is a nonprofit organization based in Broomfield, CO, classified under NTEE code T30. The organization reported total revenue of $373K and total assets of $508K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Broomfield Rotary Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Broomfield Rotary Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $58K |
| Surplus / Deficit | +$50K |
| Total Assets | $437K |
| Net Assets | $437K |
| Operating Margin | 46.0% |
| Months of Reserves | 89.7 months |
Financial Health Grade: A
In 2023, Broomfield Rotary Foundation reported a surplus of $50K with revenue exceeding expenses, holds 89.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Broomfield Rotary Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.0% | +21.1% | +12.9% |
| 2022 | +75.8% | +621.0% | +18.0% |
| 2021 | -31.2% | -92.5% | +19.8% |
| 2020 | -30.1% | -27.8% | -0.4% |
| 2019 | +17.5% | +30.1% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Broomfield Rotary Foundation 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, Broomfield Rotary Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
Executive Compensation Analysis
The Broomfield Rotary Foundation reports 0% officer compensation across all available filings, indicating that executive leadership is entirely volunteer-based, which is highly efficient for an organization of its size.
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 Broomfield Rotary Foundation:
- Consistent asset growth, from $252,408 in 201406 to $436,599 in 202306.
- Zero liabilities reported in recent filings (e.g., 202306, 202206, 202106).
- 0% officer compensation across all available filings, indicating high efficiency.
- Expenses consistently lower than revenue in most recent periods (e.g., 202306: Revenue $108,245, Expenses $58,408).
- Strong financial stability and prudent management.
Frequently Asked Questions about Broomfield Rotary Foundation
Is Broomfield Rotary Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Broomfield Rotary Foundation (EIN: 113792261) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Broomfield Rotary Foundation spend its money?
Broomfield Rotary Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Broomfield Rotary Foundation tax-deductible?
Broomfield Rotary Foundation is registered as a tax-exempt nonprofit (EIN: 113792261). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Broomfield Rotary Foundation a good charity?
Based on the provided financial data, Broomfield Rotary Foundation appears to be a very good charity. They have strong financial health, consistent asset growth, and zero officer compensation, indicating high efficiency and dedication to their mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Assets have grown from $252,408 in 201406 to $436,599 in 202306, and liabilities have consistently been reported as $0 in recent years, demonstrating strong financial management and stability.
What is the organization's approach to executive compensation?
The Broomfield Rotary Foundation has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This means all leadership roles are voluntary, maximizing funds available for programs.
Filing History
IRS 990 filing history for Broomfield Rotary Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Broomfield Rotary Foundation's revenue has grown by 17.5%, moving from $92K to $108K. Total assets increased by 165% over the same period, from $165K to $437K. Total functional expenses fell by 2.3%, from $60K to $58K. In its most recent filing year (2023), Broomfield Rotary Foundation reported a surplus of $50K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $58K | $437K | $0 | — | View 990 |
| 2022 | $107K | $48K | $387K | $0 | — | View 990 |
| 2021 | $61K | $7K | $328K | $0 | — | View 990 |
| 2020 | $89K | $90K | $274K | $0 | — | View 990 |
| 2019 | $127K | $124K | $275K | $0 | — | View 990 |
| 2018 | $108K | $96K | $272K | $0 | — | View 990 |
| 2017 | $113K | $77K | $260K | $0 | — | View 990 |
| 2016 | $102K | $130K | $224K | $0 | — | View 990 |
| 2015 | $143K | $138K | $252K | $0 | — | View 990 |
| 2014 | $155K | $133K | $252K | $6K | — | View 990 |
| 2013 | $168K | $132K | $232K | $7K | — | View 990 |
| 2012 | $132K | $108K | $196K | $7K | — | View 990 |
| 2011 | $92K | $60K | $165K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $108K, expenses of $58K, and assets of $437K (revenue +1.0% year-over-year).
- 2022: Revenue of $107K, expenses of $48K, and assets of $387K (revenue +75.8% year-over-year).
- 2021: Revenue of $61K, expenses of $7K, and assets of $328K (revenue -31.2% year-over-year).
- 2020: Revenue of $89K, expenses of $90K, and assets of $274K (revenue -30.1% year-over-year).
- 2019: Revenue of $127K, expenses of $124K, and assets of $275K (revenue +17.5% year-over-year).
- 2018: Revenue of $108K, expenses of $96K, and assets of $272K (revenue -4.2% year-over-year).
- 2017: Revenue of $113K, expenses of $77K, and assets of $260K (revenue +10.0% year-over-year).
- 2016: Revenue of $102K, expenses of $130K, and assets of $224K (revenue -28.4% year-over-year).
- 2015: Revenue of $143K, expenses of $138K, and assets of $252K (revenue -7.7% year-over-year).
- 2014: Revenue of $155K, expenses of $133K, and assets of $252K (revenue -8.2% year-over-year).
- 2013: Revenue of $168K, expenses of $132K, and assets of $232K (revenue +27.8% year-over-year).
- 2012: Revenue of $132K, expenses of $108K, and assets of $196K (revenue +43.0% year-over-year).
- 2011: Revenue of $92K, expenses of $60K, and assets of $165K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Broomfield Rotary Foundation:
Data Sources and Methodology
This transparency report for Broomfield Rotary Foundation 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.