Devon Rotary Foundation Tr Fund
Devon Rotary Foundation Tr Fund: Consistent Program Spending, Limited Transparency
EIN: 222959085 · Milford, CT · NTEE: B82Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Total Expenses | $39K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $231K |
| Transparency Score | 75/100 |
Is Devon Rotary Foundation Tr Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Devon Rotary Foundation Tr Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Devon Rotary Foundation Tr Fund
Devon Rotary Foundation Tr Fund (EIN: 222959085) is a nonprofit organization based in Milford, CT, classified under NTEE code B82Z. The organization reported total revenue of $42K and total assets of $260K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Devon Rotary Foundation Tr Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Devon Rotary Foundation Tr Fund is a micro nonprofit that has been operating for 37 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $39K |
| Surplus / Deficit | $-8,493 |
| Total Assets | $231K |
| Total Liabilities | $1 |
| Net Assets | $231K |
| Operating Margin | -27.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 70.6 months |
Financial Health Grade: B
In 2024, Devon Rotary Foundation Tr Fund reported a deficit of $8K with expenses exceeding revenue, holds 70.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2024), Devon Rotary Foundation Tr Fund's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.1% | -38.8% | +8.8% |
| 2023 | -53.6% | +35.2% | -14.5% |
| 2022 | +69.9% | +98.7% | +0.1% |
| 2021 | -36.8% | -47.7% | +20.2% |
| 2020 | +12.0% | +59.2% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Devon Rotary Foundation Tr Fund with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Devon Rotary Foundation Tr Fund allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating an entirely volunteer-run leadership structure.
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 Devon Rotary Foundation Tr Fund's IRS 990 filings:
- Limited public information beyond basic tax filings makes a comprehensive assessment challenging.
- The organization's website or detailed mission impact reports are not easily accessible, hindering deeper understanding of program effectiveness.
Strengths
The following positive indicators were identified for Devon Rotary Foundation Tr Fund:
- Consistent reporting of $0 executive compensation demonstrates a strong commitment to directing funds towards the mission.
- The organization maintains a healthy asset base relative to its annual revenue and expenses.
- Consistent program spending, as indicated by the 'x' values in the provided data, suggests stable operational focus.
Frequently Asked Questions about Devon Rotary Foundation Tr Fund
Is Devon Rotary Foundation Tr Fund a legitimate charity?
Devon Rotary Foundation Tr Fund (EIN: 222959085) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $42K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Devon Rotary Foundation Tr Fund spend its money?
Devon Rotary Foundation Tr Fund directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Devon Rotary Foundation Tr Fund tax-deductible?
Devon Rotary Foundation Tr Fund is registered as a tax-exempt nonprofit (EIN: 222959085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Devon Rotary Foundation Tr Fund CEO make?
Devon Rotary Foundation Tr Fund's highest-compensated officer earns $0 annually. The organization reported $42K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Devon Rotary Foundation Tr Fund's spending goes to programs?
Devon Rotary Foundation Tr Fund directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Devon Rotary Foundation Tr Fund compare to similar nonprofits?
With a transparency score of 75/100 (Good), Devon Rotary Foundation Tr Fund is above average for NTEE category B82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Devon Rotary Foundation Tr Fund located?
Devon Rotary Foundation Tr Fund is headquartered in Milford, Connecticut and files with the IRS under EIN 222959085. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Devon Rotary Foundation Tr Fund have?
Devon Rotary Foundation Tr Fund has 9 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 $42K in total revenue.
What does Devon Rotary Foundation Tr Fund do?
Devon Rotary Foundation Tr Fund is a nonprofit organization in the Education sector, located in Milford, Connecticut. It is classified under NTEE code B82Z.
How much revenue does Devon Rotary Foundation Tr Fund have?
Devon Rotary Foundation Tr Fund reported total revenue of $41,506. Based on 9 IRS 990 filings on record.
What are Devon Rotary Foundation Tr Fund's total assets?
Devon Rotary Foundation Tr Fund holds total assets of $260,266 as reported in IRS 990 filings.
Where is Devon Rotary Foundation Tr Fund located?
Devon Rotary Foundation Tr Fund is based in Milford, Connecticut.
What is Devon Rotary Foundation Tr Fund's EIN?
Devon Rotary Foundation Tr Fund's Employer Identification Number (EIN) is 222959085. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Devon Rotary Foundation Tr Fund?
Devon Rotary Foundation Tr Fund is classified under NTEE code B82Z (Education).
Is Devon Rotary Foundation Tr Fund a registered 501(c)(3)?
Yes, Devon Rotary Foundation Tr Fund is recognized as a tax-exempt organization by the IRS. EIN: 222959085.
Does Devon Rotary Foundation Tr Fund file IRS Form 990?
Yes, Devon Rotary Foundation Tr Fund has 9 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Devon Rotary Foundation Tr Fund's revenue in 2024?
In the 202406 filing period, Devon Rotary Foundation Tr Fund reported total revenue of $30,737, total expenses of $39,230, and net assets of $230,700.
Is Devon Rotary Foundation Tr Fund's revenue growing or declining?
Devon Rotary Foundation Tr Fund's revenue is growing. Revenue went from $27,929 (202306) to $30,737 (202406), a +10.1% change. Based on 9 filings on record.
What is Devon Rotary Foundation Tr Fund's most recent 990 filing?
The most recent IRS Form 990 filing for Devon Rotary Foundation Tr Fund covers tax period 202406. It shows revenue of $30,737, expenses of $39,230, total assets of $230,700, and liabilities of $1.
How much does Devon Rotary Foundation Tr Fund spend on programs vs administration?
Based on IRS 990 analysis, Devon Rotary Foundation Tr Fund allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Devon Rotary Foundation Tr Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, Devon Rotary Foundation Tr Fund appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Devon Rotary Foundation Tr Fund?
The following concerns were identified: Limited public information beyond basic tax filings makes a comprehensive assessment challenging.. The organization's website or detailed mission impact reports are not easily accessible, hindering deeper understanding of program effectiveness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Devon Rotary Foundation Tr Fund's strengths?
Positive indicators for Devon Rotary Foundation Tr Fund include: Consistent reporting of $0 executive compensation demonstrates a strong commitment to directing funds towards the mission.. The organization maintains a healthy asset base relative to its annual revenue and expenses.. Consistent program spending, as indicated by the 'x' values in the provided data, suggests stable operational focus.. These findings are derived from AI analysis of the organization's financial filings.
How does Devon Rotary Foundation Tr Fund compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating an entirely volunteer-run leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation, how does the organization ensure effective leadership and operational continuity?
The consistent $0 executive compensation suggests a reliance on dedicated volunteers for leadership. Operational continuity likely depends on the stability and commitment of its volunteer base and the effectiveness of its board in governance and succession planning.
What specific programs or initiatives does the 'Devon Rotary Foundation Tr Fund' support, and how are these programs measured for impact?
The provided data does not detail specific programs. To understand the impact, one would need to review program descriptions, beneficiary testimonials, or impact reports, which are not available in the provided financial data.
Filing History
IRS 990 filing history for Devon Rotary Foundation Tr Fund showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), Devon Rotary Foundation Tr Fund's revenue has declined by 31.7%, moving from $45K to $31K. Total assets increased by 53.1% over the same period, from $151K to $231K. Total functional expenses rose by 38%, from $28K to $39K. In its most recent filing year (2024), Devon Rotary Foundation Tr Fund reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $231K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $231K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $31K | $39K | $231K | $1 | — | — |
| 2023 | $28K | $64K | $212K | $1 | — | View 990 |
| 2022 | $60K | $47K | $248K | $1 | — | — |
| 2021 | $35K | $24K | $248K | $1 | — | — |
| 2020 | $56K | $46K | $206K | $1 | — | View 990 |
| 2015 | $50K | $29K | $184K | $1 | — | View 990 |
| 2014 | $56K | $88K | $175K | $1 | — | View 990 |
| 2013 | $44K | $22K | $185K | $0 | — | View 990 |
| 2012 | $45K | $28K | $151K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $31K, expenses of $39K, and assets of $231K (revenue +10.1% year-over-year).
- 2023: Revenue of $28K, expenses of $64K, and assets of $212K (revenue -53.6% year-over-year).
- 2022: Revenue of $60K, expenses of $47K, and assets of $248K (revenue +69.9% year-over-year).
- 2021: Revenue of $35K, expenses of $24K, and assets of $248K (revenue -36.8% year-over-year).
- 2020: Revenue of $56K, expenses of $46K, and assets of $206K (revenue +12.0% year-over-year).
- 2015: Revenue of $50K, expenses of $29K, and assets of $184K (revenue -10.6% year-over-year).
- 2014: Revenue of $56K, expenses of $88K, and assets of $175K (revenue +27.8% year-over-year).
- 2013: Revenue of $44K, expenses of $22K, and assets of $185K (revenue -2.7% year-over-year).
- 2012: Revenue of $45K, expenses of $28K, and assets of $151K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Devon Rotary Foundation Tr Fund:
Data Sources and Methodology
This transparency report for Devon Rotary Foundation Tr Fund 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.