Greater Raymond New Hampshire Rotary Scholarship And Charitable

Greater Raymond Rotary Scholarship Fund shows fluctuating finances but consistent volunteer leadership.

EIN: 20530406 · Raymond, NH · NTEE: B82 · Updated: 2026-03-28

$29KRevenue

$42KAssets

85/100Mission Score (Excellent)

B82

About Greater Raymond New Hampshire Rotary Scholarship And Charitable

Greater Raymond New Hampshire Rotary Scholarship And Charitable (EIN: 20530406) is a nonprofit organization based in Raymond, NH, classified under NTEE code B82. The organization reported total revenue of $29K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Raymond New Hampshire Rotary Scholarship And Charitable's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Greater Raymond New Hampshire Rotary Scholarship And Charitable organization demonstrates a commitment to its mission through consistent program spending, as evidenced by its NTEE code B82 (Scholarships, Student Financial Aid). The organization's financial health shows some volatility in revenue and expenses over the past nine years. For instance, in 2024, expenses significantly outstripped revenue ($58,519 vs. $24,380), leading to a decrease in assets from $89,865 in 2023 to $50,836. However, the organization has maintained a healthy asset base relative to its annual revenue, with assets of $42,369 against latest revenue of $28,580. The absence of officer compensation across all reported periods indicates a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds.

Spending efficiency appears strong in most years, with expenses generally aligned with or below revenue, except for notable periods like 2024 and 2019 where expenses exceeded revenue. The organization's consistent filing of IRS Form 990s over nine periods indicates good transparency practices. The lack of liabilities in most years also suggests sound financial management. While the organization experienced a significant drop in assets in 2024, it has historically recovered and maintained a stable financial position, suggesting resilience in its operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Greater Raymond New Hampshire Rotary Scholarship And Charitable with a Mission Score of 85 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: 90%
fundraising: 5%

According to IRS 990 filings, Greater Raymond New Hampshire Rotary Scholarship And Charitable allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all nine filing periods, indicating that the organization is entirely volunteer-led at the executive level, which is highly commendable for a nonprofit 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.

Red Flags

The following concerns were identified during AI analysis of Greater Raymond New Hampshire Rotary Scholarship And Charitable's IRS 990 filings:

Significant expense exceeding revenue in recent periods (e.g., 2024: Expenses $58,519 vs. Revenue $24,380)
Volatile year-over-year revenue and expense figures, making long-term financial planning potentially challenging.

Strengths

The following positive indicators were identified for Greater Raymond New Hampshire Rotary Scholarship And Charitable:

100% volunteer-led with 0% officer compensation across all reported periods, maximizing funds for programs.
Consistent IRS 990 filing history over nine periods, demonstrating transparency.
Strong program focus as indicated by its NTEE code and implied by its mission.
Maintains a positive asset balance despite revenue and expense fluctuations.

Frequently Asked Questions about Greater Raymond New Hampshire Rotary Scholarship And Charitable

Is Greater Raymond New Hampshire Rotary Scholarship And Charitable a good charity?

Based on the available data, the organization appears to be a good charity. It has a strong program focus (scholarships), is volunteer-led with no officer compensation, and has a consistent filing history, indicating transparency. While there are fluctuations in revenue and expenses, its overall financial management seems sound.

How does the organization manage its finances given the revenue and expense fluctuations?

The organization experiences significant year-to-year fluctuations in both revenue and expenses. For example, in 2023, revenue was $58,695 with expenses of $15,684, while in 2024, revenue dropped to $24,380 and expenses surged to $58,519. Despite this, the organization has maintained a positive asset balance, suggesting it manages these fluctuations by drawing from or building reserves.

What is the trend in the organization's assets?

The organization's assets have fluctuated, reaching a high of $89,865 in 2023 and then decreasing to $50,836 in 2024. Over the nine-year period, assets have generally remained within a range of $32,414 to $89,865, indicating a relatively stable, albeit variable, financial base.

Filing History

IRS 990 filing history for Greater Raymond New Hampshire Rotary Scholarship And Charitable showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2016–2024), Greater Raymond New Hampshire Rotary Scholarship And Charitable's revenue has declined by 18.3%, moving from $30K to $24K. Total assets increased by 32.9% over the same period, from $38K to $51K. Total functional expenses rose by 342.7%, from $13K to $59K. In its most recent filing year (2024), Greater Raymond New Hampshire Rotary Scholarship And Charitable reported a deficit of $34K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$24K	$59K	$51K	$0	—	—
2023	$59K	$16K	$90K	$5K	—	View 990
2022	$13K	$10K	$42K	$0	—	View 990
2021	$16K	$9K	$39K	$0	—	—
2020	$8K	$10K	$32K	$0	—	View 990
2019	$13K	$23K	$34K	$0	—	View 990
2018	$11K	$18K	$45K	$0	—	—
2017	$34K	$20K	$52K	$0	—	View 990
2016	$30K	$13K	$38K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $24K, expenses of $59K, and assets of $51K (revenue -58.5% year-over-year).
2023: Revenue of $59K, expenses of $16K, and assets of $90K (revenue +356.6% year-over-year).
2022: Revenue of $13K, expenses of $10K, and assets of $42K (revenue -18.5% year-over-year).
2021: Revenue of $16K, expenses of $9K, and assets of $39K (revenue +100.8% year-over-year).
2020: Revenue of $8K, expenses of $10K, and assets of $32K (revenue -37.3% year-over-year).
2019: Revenue of $13K, expenses of $23K, and assets of $34K (revenue +17.5% year-over-year).
2018: Revenue of $11K, expenses of $18K, and assets of $45K (revenue -69.0% year-over-year).
2017: Revenue of $34K, expenses of $20K, and assets of $52K (revenue +15.3% year-over-year).
2016: Revenue of $30K, expenses of $13K, and assets of $38K.

Data Sources and Methodology

This transparency report for Greater Raymond New Hampshire Rotary Scholarship And Charitable 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.