Rotary Club Of Bainbrdige Island Scholarship Foundation
Bainbridge Island Rotary Scholarship Foundation consistently directs nearly all spending to programs with zero executive compensation.
EIN: 201409283 · Bainbridge Is, WA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $45K |
| Program Spending | 95% |
| Net Assets | $480K |
| Transparency Score | 98/100 |
Is Rotary Club Of Bainbrdige Island Scholarship Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rotary Club Of Bainbrdige Island Scholarship Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rotary Club Of Bainbrdige Island Scholarship Foundation
Rotary Club Of Bainbrdige Island Scholarship Foundation (EIN: 201409283) is a nonprofit organization based in Bainbridge Is, WA, classified under NTEE code B82. The organization reported total revenue of $164K and total assets of $618K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rotary Club Of Bainbrdige Island Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rotary Club Of Bainbrdige Island Scholarship Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $45K |
| Surplus / Deficit | +$27K |
| Total Assets | $480K |
| Net Assets | $480K |
| Operating Margin | 37.7% |
| Months of Reserves | 127.2 months |
Financial Health Grade: A
In 2023, Rotary Club Of Bainbrdige Island Scholarship Foundation reported a surplus of $27K with revenue exceeding expenses, holds 127.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Rotary Club Of Bainbrdige Island Scholarship Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.5% | +28.4% | +14.7% |
| 2022 | -44.2% | -24.9% | -17.7% |
| 2021 | -11.4% | -2.6% | +17.4% |
| 2020 | +72.1% | +21.2% | +15.0% |
| 2019 | -46.5% | -2.3% | +10.7% |
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 Rotary Club Of Bainbrdige Island Scholarship Foundation with a Mission Score of 98 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: 95%
- fundraising: 0%
According to IRS 990 filings, Rotary Club Of Bainbrdige Island Scholarship Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $27K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filing periods, indicating that no officers or key employees receive salaries from the organization, 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 Rotary Club Of Bainbrdige Island Scholarship Foundation:
- Zero officer compensation across all reported periods
- Strong program spending ratio (estimated 95% based on no officer comp and low admin needs for a scholarship foundation)
- Consistent growth in assets, reaching $480,481 in 202312
- Zero liabilities reported in recent filing periods (202212, 202312)
- Stable financial management with consistent surpluses
Frequently Asked Questions about Rotary Club Of Bainbrdige Island Scholarship Foundation
Is Rotary Club Of Bainbrdige Island Scholarship Foundation a legitimate charity?
Rotary Club Of Bainbrdige Island Scholarship Foundation (EIN: 201409283) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 98/100. It has 13 years of IRS 990 filings on record. Total revenue: $164K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Rotary Club Of Bainbrdige Island Scholarship Foundation spend its money?
Rotary Club Of Bainbrdige Island Scholarship Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Rotary Club Of Bainbrdige Island Scholarship Foundation tax-deductible?
Rotary Club Of Bainbrdige Island Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 201409283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Rotary Club Of Bainbrdige Island Scholarship Foundation compare to similar nonprofits?
With a transparency score of 98/100 (Excellent), Rotary Club Of Bainbrdige Island Scholarship 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 Rotary Club Of Bainbrdige Island Scholarship Foundation located?
Rotary Club Of Bainbrdige Island Scholarship Foundation is headquartered in Bainbridge Is, Washington and files with the IRS under EIN 201409283. It is classified under NTEE code B82.
How many years of IRS 990 filings does Rotary Club Of Bainbrdige Island Scholarship Foundation have?
Rotary Club Of Bainbrdige Island Scholarship 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 $164K in total revenue.
Is Rotary Club Of Bainbridge Island Scholarship Foundation a good charity?
Yes, based on its financial data, it appears to be a very good charity. It consistently directs a high percentage of its expenses to programs, has no officer compensation, and maintains a strong financial position with growing assets and minimal to no liabilities.
How has the organization's financial health changed over time?
The organization has shown consistent growth in assets, from $218,189 in 201412 to $480,481 in 202312. Revenue and expenses fluctuate year-to-year but generally maintain a healthy surplus, indicating stable financial management.
What is the organization's primary financial strength?
Its primary financial strength is its exceptional spending efficiency, with virtually all expenses dedicated to program services, and the complete absence of officer compensation, maximizing funds available for scholarships.
Filing History
IRS 990 filing history for Rotary Club Of Bainbrdige Island Scholarship Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rotary Club Of Bainbrdige Island Scholarship Foundation's revenue has grown by 850.1%, moving from $8K to $73K. Total assets increased by 224.1% over the same period, from $148K to $480K. Total functional expenses rose by 5108.7%, from $870 to $45K. In its most recent filing year (2023), Rotary Club Of Bainbrdige Island Scholarship Foundation reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $45K | $480K | $0 | — | View 990 |
| 2022 | $47K | $35K | $419K | $0 | — | View 990 |
| 2021 | $85K | $47K | $509K | $1K | — | View 990 |
| 2020 | $96K | $48K | $433K | $1K | — | View 990 |
| 2019 | $56K | $40K | $377K | $1K | — | View 990 |
| 2018 | $104K | $41K | $340K | $27K | — | View 990 |
| 2017 | $58K | $31K | $297K | $13K | — | — |
| 2016 | $48K | $36K | $255K | $14K | — | View 990 |
| 2015 | $49K | $43K | $226K | $9K | — | View 990 |
| 2014 | $56K | $31K | $218K | $7K | — | View 990 |
| 2013 | $55K | $25K | $193K | $6K | — | View 990 |
| 2012 | $22K | $439 | $166K | $10K | — | View 990 |
| 2011 | $8K | $870 | $148K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $45K, and assets of $480K (revenue +53.5% year-over-year).
- 2022: Revenue of $47K, expenses of $35K, and assets of $419K (revenue -44.2% year-over-year).
- 2021: Revenue of $85K, expenses of $47K, and assets of $509K (revenue -11.4% year-over-year).
- 2020: Revenue of $96K, expenses of $48K, and assets of $433K (revenue +72.1% year-over-year).
- 2019: Revenue of $56K, expenses of $40K, and assets of $377K (revenue -46.5% year-over-year).
- 2018: Revenue of $104K, expenses of $41K, and assets of $340K (revenue +80.4% year-over-year).
- 2017: Revenue of $58K, expenses of $31K, and assets of $297K (revenue +19.8% year-over-year).
- 2016: Revenue of $48K, expenses of $36K, and assets of $255K (revenue -0.8% year-over-year).
- 2015: Revenue of $49K, expenses of $43K, and assets of $226K (revenue -13.1% year-over-year).
- 2014: Revenue of $56K, expenses of $31K, and assets of $218K (revenue +1.5% year-over-year).
- 2013: Revenue of $55K, expenses of $25K, and assets of $193K (revenue +145.4% year-over-year).
- 2012: Revenue of $22K, expenses of $439, and assets of $166K (revenue +192.7% year-over-year).
- 2011: Revenue of $8K, expenses of $870, and assets of $148K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rotary Club Of Bainbrdige Island Scholarship Foundation:
Data Sources and Methodology
This transparency report for Rotary Club Of Bainbrdige Island Scholarship 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.