Kingston North Kitsap Rotary Foundation
Kingston North Kitsap Rotary Foundation consistently maintains low expenses and zero officer compensation, leading to strong asset growth.
EIN: 202960627 · Kingston, WA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $9K |
| Program Spending | 90% |
| Net Assets | $209K |
| Transparency Score | 92/100 |
Is Kingston North Kitsap Rotary Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kingston North Kitsap Rotary Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kingston North Kitsap Rotary Foundation
Kingston North Kitsap Rotary Foundation (EIN: 202960627) is a nonprofit organization based in Kingston, WA, classified under NTEE code B82. The organization reported total revenue of $144K and total assets of $285K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingston North Kitsap Rotary Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingston North Kitsap Rotary Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $9K |
| Surplus / Deficit | +$93K |
| Total Assets | $366K |
| Total Liabilities | $157K |
| Net Assets | $209K |
| Operating Margin | 91.3% |
| Debt-to-Asset Ratio | 43.0% |
| Months of Reserves | 498.3 months |
Financial Health Grade: A
In 2024, Kingston North Kitsap Rotary Foundation reported a surplus of $93K with revenue exceeding expenses, holds 498.3 months of operating reserves (strong position), has a debt-to-asset ratio of 43.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Kingston North Kitsap Rotary Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +38.9% | -51.5% | +88.4% |
| 2023 | -6.7% | +45.6% | +30.7% |
| 2022 | +683.3% | -65.3% | +17.5% |
| 2021 | -87.5% | -8.9% | -8.3% |
| 2020 | +40.1% | -44.0% | +41.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Kingston North Kitsap 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Kingston North Kitsap Rotary Foundation 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $93K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filing periods, indicating that the organization's leadership is entirely volunteer-based, 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.
Strengths
The following positive indicators were identified for Kingston North Kitsap Rotary Foundation:
- Consistently 0% officer compensation, indicating volunteer leadership.
- Very low expenses relative to revenue, especially in recent years (e.g., $8,815 expenses on $101,470 revenue in 2024).
- Significant asset growth over the past decade, from $77,161 in 2015 to $366,020 in 2024.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency.
- Strong financial surpluses in recent periods, contributing to organizational stability.
Frequently Asked Questions about Kingston North Kitsap Rotary Foundation
Is Kingston North Kitsap Rotary Foundation a legitimate charity?
Kingston North Kitsap Rotary Foundation (EIN: 202960627) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $144K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Kingston North Kitsap Rotary Foundation spend its money?
Kingston North Kitsap Rotary Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kingston North Kitsap Rotary Foundation tax-deductible?
Kingston North Kitsap Rotary Foundation is registered as a tax-exempt nonprofit (EIN: 202960627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kingston North Kitsap Rotary Foundation's spending goes to programs?
Kingston North Kitsap Rotary Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kingston North Kitsap Rotary Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Kingston North Kitsap 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 Kingston North Kitsap Rotary Foundation located?
Kingston North Kitsap Rotary Foundation is headquartered in Kingston, Washington and files with the IRS under EIN 202960627. It is classified under NTEE code B82.
How many years of IRS 990 filings does Kingston North Kitsap Rotary Foundation have?
Kingston North Kitsap Rotary Foundation has 13 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 $144K in total revenue.
Is Kingston North Kitsap Rotary Foundation a good charity?
Based on the provided data, the Kingston North Kitsap Rotary Foundation appears to be a very good charity. It consistently reports 0% officer compensation, maintains very low expenses relative to its revenue, and has shown significant asset growth, all of which suggest efficient use of funds for its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Assets have grown from $77,161 in 2015 to $366,020 in 2024. Revenue has fluctuated but expenses have generally remained low, leading to consistent surpluses and asset accumulation, particularly in recent years.
What is the organization's approach to executive compensation?
The organization has a strong commitment to volunteer leadership, as evidenced by 0% officer compensation reported across all 13 available filing periods. This means no salaries are paid to its officers, maximizing funds for charitable activities.
Filing History
IRS 990 filing history for Kingston North Kitsap Rotary Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Kingston North Kitsap Rotary Foundation's revenue has grown by 114.8%, moving from $47K to $101K. Total assets increased by 486.8% over the same period, from $62K to $366K. Total functional expenses fell by 61.8%, from $23K to $9K. In its most recent filing year (2024), Kingston North Kitsap Rotary Foundation reported a surplus of $93K, with revenue exceeding expenses. The organization holds $157K in liabilities against $366K in assets (debt-to-asset ratio: 43.0%), resulting in net assets of $209K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $101K | $9K | $366K | $157K | — | — |
| 2023 | $73K | $18K | $194K | $78K | — | View 990 |
| 2022 | $78K | $12K | $149K | $8K | — | View 990 |
| 2021 | $10K | $36K | $127K | $51K | — | — |
| 2020 | $80K | $39K | $138K | $2K | — | View 990 |
| 2019 | $57K | $70K | $97K | $2K | — | View 990 |
| 2018 | $120K | $78K | $111K | $2K | — | View 990 |
| 2017 | $39K | $66K | $75K | $26K | — | View 990 |
| 2016 | $50K | $42K | $82K | $5K | — | View 990 |
| 2015 | $84K | $71K | $77K | $9K | — | View 990 |
| 2014 | $37K | $30K | $59K | $4K | — | View 990 |
| 2013 | $52K | $66K | $48K | $0 | — | View 990 |
| 2012 | $47K | $23K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $101K, expenses of $9K, and assets of $366K (revenue +38.9% year-over-year).
- 2023: Revenue of $73K, expenses of $18K, and assets of $194K (revenue -6.7% year-over-year).
- 2022: Revenue of $78K, expenses of $12K, and assets of $149K (revenue +683.3% year-over-year).
- 2021: Revenue of $10K, expenses of $36K, and assets of $127K (revenue -87.5% year-over-year).
- 2020: Revenue of $80K, expenses of $39K, and assets of $138K (revenue +40.1% year-over-year).
- 2019: Revenue of $57K, expenses of $70K, and assets of $97K (revenue -52.5% year-over-year).
- 2018: Revenue of $120K, expenses of $78K, and assets of $111K (revenue +206.8% year-over-year).
- 2017: Revenue of $39K, expenses of $66K, and assets of $75K (revenue -22.0% year-over-year).
- 2016: Revenue of $50K, expenses of $42K, and assets of $82K (revenue -40.4% year-over-year).
- 2015: Revenue of $84K, expenses of $71K, and assets of $77K (revenue +126.8% year-over-year).
- 2014: Revenue of $37K, expenses of $30K, and assets of $59K (revenue -28.4% year-over-year).
- 2013: Revenue of $52K, expenses of $66K, and assets of $48K (revenue +9.6% year-over-year).
- 2012: Revenue of $47K, expenses of $23K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingston North Kitsap Rotary Foundation:
Data Sources and Methodology
This transparency report for Kingston North Kitsap 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.