Milford Rotary Club Foundation
Milford Rotary Club Foundation shows consistent asset growth and no executive compensation over a decade.
EIN: 20512441 · Milford, NH · NTEE: T50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $539K |
| Total Expenses | $268K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 95/100 |
Is Milford Rotary Club Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Milford Rotary Club Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Milford Rotary Club Foundation
Milford Rotary Club Foundation (EIN: 20512441) is a nonprofit organization based in Milford, NH, classified under NTEE code T50. The organization reported total revenue of $539K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milford Rotary Club Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milford Rotary Club Foundation is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $300K |
| Total Expenses | $268K |
| Surplus / Deficit | +$32K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 10.8% |
| Months of Reserves | 45.1 months |
Financial Health Grade: A
In 2023, Milford Rotary Club Foundation reported a surplus of $32K with revenue exceeding expenses, holds 45.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Milford Rotary Club Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.1% | +67.6% | +13.3% |
| 2022 | -3.4% | +1.7% | -5.4% |
| 2021 | +27.5% | +7.0% | +20.2% |
| 2020 | -5.5% | -23.9% | +18.7% |
| 2019 | -6.5% | +0.3% | +16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Milford Rotary Club Foundation with a Mission Score of 95 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, Milford Rotary Club 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a foundation of its size with over $1 million in assets.
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 Milford Rotary Club Foundation's IRS 990 filings:
- Specific program, administrative, and fundraising expense breakdowns are not detailed in the provided summary data, making a precise efficiency ratio difficult to calculate without full 990 access.
Strengths
The following positive indicators were identified for Milford Rotary Club Foundation:
- Consistent asset growth, from $494,443 in 2014 to $1,051,080 currently, demonstrating strong financial management.
- 0% officer compensation reported across all 13 filings, indicating a highly volunteer-driven and efficient operation.
- Consistent revenue exceeding expenses, leading to healthy surpluses and financial stability.
- Very low or zero liabilities reported in most periods, reflecting responsible financial stewardship.
- Strong compliance history with 13 IRS 990 filings, indicating transparency and accountability.
Frequently Asked Questions about Milford Rotary Club Foundation
Is Milford Rotary Club Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Milford Rotary Club Foundation (EIN: 20512441) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Milford Rotary Club Foundation spend its money?
Milford Rotary Club Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Milford Rotary Club Foundation tax-deductible?
Milford Rotary Club Foundation is registered as a tax-exempt nonprofit (EIN: 20512441). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Milford Rotary Club Foundation CEO make?
Milford Rotary Club Foundation's highest-compensated officer earns $1 annually. The organization reported $539K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Milford Rotary Club Foundation's spending goes to programs?
Milford Rotary Club Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Milford Rotary Club Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Milford Rotary Club Foundation is above average for NTEE category T50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Milford Rotary Club Foundation located?
Milford Rotary Club Foundation is headquartered in Milford, New Hampshire and files with the IRS under EIN 20512441. It is classified under NTEE code T50.
How many years of IRS 990 filings does Milford Rotary Club Foundation have?
Milford Rotary Club 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 $539K in total revenue.
Is Milford Rotary Club Foundation a good charity?
Based on the provided financial data, the Milford Rotary Club Foundation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by operating with 0% officer compensation, ensuring funds are directed to programs.
How has the organization's financial health changed over time?
The organization's financial health has consistently improved over time. Assets have more than doubled from $494,443 in 2014 to $1,051,080 currently, and revenue has generally increased, indicating sustainable growth and strong financial management.
What is the organization's approach to executive compensation?
The Milford Rotary Club Foundation has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This means its leadership serves on a volunteer basis, maximizing resources for its charitable activities.
Filing History
IRS 990 filing history for Milford Rotary Club Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Milford Rotary Club Foundation's revenue has grown by 140.7%, moving from $125K to $300K. Total assets increased by 207.8% over the same period, from $327K to $1.0M. Total functional expenses rose by 217.1%, from $84K to $268K. In its most recent filing year (2023), Milford Rotary Club Foundation reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $300K | $268K | $1.0M | $0 | — | — |
| 2022 | $270K | $160K | $887K | $0 | — | View 990 |
| 2021 | $279K | $157K | $938K | $0 | — | View 990 |
| 2020 | $219K | $147K | $781K | $0 | — | View 990 |
| 2019 | $232K | $193K | $658K | $0 | — | View 990 |
| 2018 | $248K | $192K | $566K | $0 | — | View 990 |
| 2017 | $167K | $118K | $575K | $10K | — | View 990 |
| 2016 | $162K | $225K | $467K | $0 | — | View 990 |
| 2015 | $167K | $119K | $513K | $537 | — | View 990 |
| 2014 | $191K | $138K | $494K | $811 | — | View 990 |
| 2013 | $157K | $103K | $451K | $0 | — | View 990 |
| 2012 | $97K | $99K | $345K | $0 | — | View 990 |
| 2011 | $125K | $84K | $327K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $300K, expenses of $268K, and assets of $1.0M (revenue +11.1% year-over-year).
- 2022: Revenue of $270K, expenses of $160K, and assets of $887K (revenue -3.4% year-over-year).
- 2021: Revenue of $279K, expenses of $157K, and assets of $938K (revenue +27.5% year-over-year).
- 2020: Revenue of $219K, expenses of $147K, and assets of $781K (revenue -5.5% year-over-year).
- 2019: Revenue of $232K, expenses of $193K, and assets of $658K (revenue -6.5% year-over-year).
- 2018: Revenue of $248K, expenses of $192K, and assets of $566K (revenue +48.6% year-over-year).
- 2017: Revenue of $167K, expenses of $118K, and assets of $575K (revenue +2.9% year-over-year).
- 2016: Revenue of $162K, expenses of $225K, and assets of $467K (revenue -2.9% year-over-year).
- 2015: Revenue of $167K, expenses of $119K, and assets of $513K (revenue -12.7% year-over-year).
- 2014: Revenue of $191K, expenses of $138K, and assets of $494K (revenue +22.1% year-over-year).
- 2013: Revenue of $157K, expenses of $103K, and assets of $451K (revenue +61.8% year-over-year).
- 2012: Revenue of $97K, expenses of $99K, and assets of $345K (revenue -22.3% year-over-year).
- 2011: Revenue of $125K, expenses of $84K, and assets of $327K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milford Rotary Club Foundation:
Data Sources and Methodology
This transparency report for Milford Rotary Club 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.