Derry Rotary Educational Fund Inc
Derry Rotary Educational Fund Inc maintains strong assets and zero officer compensation, with generally low expenses supporting its educational mission.
EIN: 20501434 · Derry, NH · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19K |
| Total Expenses | $4K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $229K |
| Transparency Score | 90/100 |
Is Derry Rotary Educational Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Derry Rotary Educational Fund Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Derry Rotary Educational Fund Inc
Derry Rotary Educational Fund Inc (EIN: 20501434) is a nonprofit organization based in Derry, NH, classified under NTEE code T30. The organization reported total revenue of $19K and total assets of $236K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Derry Rotary Educational Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Derry Rotary Educational Fund Inc is a micro nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $4K |
| Surplus / Deficit | +$19K |
| Total Assets | $229K |
| Net Assets | $229K |
| Operating Margin | 81.1% |
| Months of Reserves | 631.3 months |
Financial Health Grade: A
In 2024, Derry Rotary Educational Fund Inc reported a surplus of $19K with revenue exceeding expenses, holds 631.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2024), Derry Rotary Educational Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +574725.0% | -90.0% | +8.9% |
| 2023 | -100.0% | +490.9% | -17.1% |
| 2022 | +69.9% | +144.2% | +16.0% |
| 2021 | +21.2% | +10.5% | +11.1% |
| 2020 | +255962.5% | -77.5% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
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 Derry Rotary Educational Fund Inc with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Derry Rotary Educational Fund Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating a volunteer-led organization. This is highly positive, as it ensures all available funds can be directed towards the organization's mission rather than salaries, especially for an organization of its size with assets over $200,000.
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.
Red Flags
The following concerns were identified during AI analysis of Derry Rotary Educational Fund Inc's IRS 990 filings:
- Significant expense spike in 202302 ($43,294) relative to revenue ($4) for that period, warranting further detail on its nature.
Strengths
The following positive indicators were identified for Derry Rotary Educational Fund Inc:
- Consistent zero officer compensation, indicating a volunteer-driven model.
- Strong and growing asset base ($236,030 currently, up from $156,924 in 201302).
- Generally low operating expenses, suggesting high spending efficiency.
- Consistent IRS 990 filings, demonstrating good transparency.
- Zero liabilities reported across all available filings, indicating strong financial health.
Frequently Asked Questions about Derry Rotary Educational Fund Inc
Is Derry Rotary Educational Fund Inc a legitimate charity?
Derry Rotary Educational Fund Inc (EIN: 20501434) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $19K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Derry Rotary Educational Fund Inc spend its money?
Derry Rotary Educational Fund Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Derry Rotary Educational Fund Inc tax-deductible?
Derry Rotary Educational Fund Inc is registered as a tax-exempt nonprofit (EIN: 20501434). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Derry Rotary Educational Fund Inc CEO make?
Derry Rotary Educational Fund Inc's highest-compensated officer earns $200,000. annually. The organization reported $19K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Derry Rotary Educational Fund Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Derry Rotary Educational Fund Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Derry Rotary Educational Fund Inc located?
Derry Rotary Educational Fund Inc is headquartered in Derry, New Hampshire and files with the IRS under EIN 20501434. It is classified under NTEE code T30.
How many years of IRS 990 filings does Derry Rotary Educational Fund Inc have?
Derry Rotary Educational Fund Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $19K in total revenue.
Is Derry Rotary Educational Fund Inc a good charity?
Based on its financial data, the Derry Rotary Educational Fund Inc appears to be a very good charity. It has a strong asset base ($236,030), consistently reports zero officer compensation, and generally maintains low expenses, indicating efficient use of funds for its educational mission.
What caused the high expenses in 202302?
The filing for 202302 shows expenses of $43,294 against only $4 in revenue. While the specific details are not available in this summary, this significant expense likely represents a large scholarship disbursement or a one-time program cost, rather than recurring operational overhead, given the organization's typical spending patterns.
How does the organization fund its operations?
The organization primarily funds its operations and programs through contributions and grants, as indicated by its fluctuating revenue figures (e.g., $22,993 in 202402, $42,203 in 202202). Its substantial asset base also provides a stable foundation.
Filing History
IRS 990 filing history for Derry Rotary Educational Fund Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), Derry Rotary Educational Fund Inc's revenue has grown by 41%, moving from $16K to $23K. Total assets increased by 61.4% over the same period, from $142K to $229K. Total functional expenses rose by 380.7%, from $905 to $4K. In its most recent filing year (2024), Derry Rotary Educational Fund Inc reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $23K | $4K | $229K | $0 | — | — |
| 2023 | $4 | $43K | $210K | $0 | — | View 990 |
| 2022 | $42K | $7K | $253K | $0 | — | — |
| 2021 | $25K | $3K | $219K | $0 | — | — |
| 2020 | $20K | $3K | $197K | $0 | — | View 990 |
| 2019 | $8 | $12K | $179K | $0 | — | View 990 |
| 2018 | $22K | $6K | $191K | $0 | — | View 990 |
| 2017 | $11K | $6K | $175K | $0 | — | View 990 |
| 2016 | $7 | $11K | $169K | $0 | — | View 990 |
| 2013 | $17K | $1K | $157K | $0 | — | View 990 |
| 2012 | $-47 | $943 | $141K | $0 | — | View 990 |
| 2011 | $16K | $905 | $142K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $23K, expenses of $4K, and assets of $229K (revenue +574725.0% year-over-year).
- 2023: Revenue of $4, expenses of $43K, and assets of $210K (revenue -100.0% year-over-year).
- 2022: Revenue of $42K, expenses of $7K, and assets of $253K (revenue +69.9% year-over-year).
- 2021: Revenue of $25K, expenses of $3K, and assets of $219K (revenue +21.2% year-over-year).
- 2020: Revenue of $20K, expenses of $3K, and assets of $197K (revenue +255962.5% year-over-year).
- 2019: Revenue of $8, expenses of $12K, and assets of $179K (revenue -100.0% year-over-year).
- 2018: Revenue of $22K, expenses of $6K, and assets of $191K (revenue +94.0% year-over-year).
- 2017: Revenue of $11K, expenses of $6K, and assets of $175K (revenue +162542.9% year-over-year).
- 2016: Revenue of $7, expenses of $11K, and assets of $169K (revenue -100.0% year-over-year).
- 2013: Revenue of $17K, expenses of $1K, and assets of $157K.
- 2012: Revenue of $-47, expenses of $943, and assets of $141K (revenue -100.3% year-over-year).
- 2011: Revenue of $16K, expenses of $905, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Derry Rotary Educational Fund Inc:
Data Sources and Methodology
This transparency report for Derry Rotary Educational Fund Inc 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.