Gallatin Noon Rotary Foundation
Gallatin Noon Rotary Foundation consistently grows assets and operates with a surplus, reporting no officer compensation.
EIN: 205072357 · Gallatin, TN · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $134K |
| Total Expenses | $76K |
| Program Spending | 90% |
| Net Assets | $210K |
| Transparency Score | 92/100 |
Is Gallatin Noon Rotary Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gallatin Noon Rotary Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gallatin Noon Rotary Foundation
Gallatin Noon Rotary Foundation (EIN: 205072357) is a nonprofit organization based in Gallatin, TN, classified under NTEE code B82. The organization reported total revenue of $134K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gallatin Noon Rotary Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gallatin Noon Rotary Foundation is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $76K |
| Surplus / Deficit | +$5K |
| Total Assets | $210K |
| Net Assets | $210K |
| Operating Margin | 6.1% |
| Months of Reserves | 33.2 months |
Financial Health Grade: A
In 2023, Gallatin Noon Rotary Foundation reported a surplus of $5K with revenue exceeding expenses, holds 33.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Gallatin Noon Rotary Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | +17.7% | +2.4% |
| 2022 | +42.4% | -6.1% | +8.9% |
| 2021 | -30.2% | +48.1% | -5.8% |
| 2020 | -1.2% | -29.4% | +21.6% |
| 2019 | +8.5% | -21.2% | +11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Gallatin Noon Rotary Foundation with a Mission Score of 92 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, Gallatin Noon 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 $5K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a foundation 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 Gallatin Noon Rotary Foundation:
- Consistent asset growth, from $130,689 in 2014 to $210,189 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Consistent operating surpluses, with revenue generally exceeding expenses (e.g., 2023: $80,945 revenue vs. $75,988 expenses).
- Minimal to no liabilities reported, indicating strong financial stability and no debt burden.
- Robust filing history with 12 IRS 990 filings, demonstrating strong transparency and compliance.
Frequently Asked Questions about Gallatin Noon Rotary Foundation
Is Gallatin Noon Rotary Foundation a legitimate charity?
Gallatin Noon Rotary Foundation (EIN: 205072357) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $134K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Gallatin Noon Rotary Foundation spend its money?
Gallatin Noon Rotary Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Gallatin Noon Rotary Foundation tax-deductible?
Gallatin Noon Rotary Foundation is registered as a tax-exempt nonprofit (EIN: 205072357). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Gallatin Noon Rotary Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Gallatin Noon Rotary Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gallatin Noon Rotary Foundation located?
Gallatin Noon Rotary Foundation is headquartered in Gallatin, Tennessee and files with the IRS under EIN 205072357. It is classified under NTEE code B82.
How many years of IRS 990 filings does Gallatin Noon Rotary Foundation have?
Gallatin Noon Rotary Foundation 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 $134K in total revenue.
Is Gallatin Noon Rotary Foundation a good charity?
Based on the provided IRS 990 data, the Gallatin Noon Rotary Foundation appears to be a very good charity. It consistently maintains a healthy financial position, grows its assets, and operates with a surplus. The complete absence of officer compensation is a significant positive indicator of efficiency and dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Assets have grown consistently from $130,689 in 2014 to $210,189 in 2023. Revenue has generally exceeded expenses, leading to a healthy accumulation of reserves.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its executive functions are performed by volunteers, which is a highly efficient and commendable practice.
Does the organization carry significant debt?
No, the organization consistently reports $0 in liabilities for most periods, including the latest 2023 filing, indicating a very strong and debt-free financial position.
Filing History
IRS 990 filing history for Gallatin Noon Rotary Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Gallatin Noon Rotary Foundation's revenue has grown by 18.9%, moving from $68K to $81K. Total assets increased by 82.5% over the same period, from $115K to $210K. Total functional expenses rose by 29.5%, from $59K to $76K. In its most recent filing year (2023), Gallatin Noon Rotary Foundation reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $76K | $210K | $0 | — | View 990 |
| 2022 | $81K | $65K | $205K | $0 | — | View 990 |
| 2021 | $57K | $69K | $188K | $0 | — | — |
| 2020 | $82K | $46K | $200K | $0 | — | — |
| 2019 | $83K | $66K | $164K | $0 | — | View 990 |
| 2018 | $76K | $83K | $147K | $17 | — | View 990 |
| 2017 | $111K | $102K | $154K | $0 | — | View 990 |
| 2016 | $78K | $75K | $145K | $0 | — | View 990 |
| 2015 | $75K | $63K | $143K | $0 | — | View 990 |
| 2014 | $76K | $57K | $131K | $0 | — | View 990 |
| 2013 | $64K | $63K | $114K | $0 | — | View 990 |
| 2012 | $68K | $59K | $115K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $76K, and assets of $210K (revenue -0.6% year-over-year).
- 2022: Revenue of $81K, expenses of $65K, and assets of $205K (revenue +42.4% year-over-year).
- 2021: Revenue of $57K, expenses of $69K, and assets of $188K (revenue -30.2% year-over-year).
- 2020: Revenue of $82K, expenses of $46K, and assets of $200K (revenue -1.2% year-over-year).
- 2019: Revenue of $83K, expenses of $66K, and assets of $164K (revenue +8.5% year-over-year).
- 2018: Revenue of $76K, expenses of $83K, and assets of $147K (revenue -31.0% year-over-year).
- 2017: Revenue of $111K, expenses of $102K, and assets of $154K (revenue +42.9% year-over-year).
- 2016: Revenue of $78K, expenses of $75K, and assets of $145K (revenue +3.7% year-over-year).
- 2015: Revenue of $75K, expenses of $63K, and assets of $143K (revenue -1.0% year-over-year).
- 2014: Revenue of $76K, expenses of $57K, and assets of $131K (revenue +17.7% year-over-year).
- 2013: Revenue of $64K, expenses of $63K, and assets of $114K (revenue -5.6% year-over-year).
- 2012: Revenue of $68K, expenses of $59K, and assets of $115K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gallatin Noon Rotary Foundation:
Data Sources and Methodology
This transparency report for Gallatin Noon 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.