Rotary Club Of Belfast Maine Charitable Fund
Rotary Club Of Belfast Maine Charitable Fund consistently maintains strong assets and low expenses with volunteer leadership.
EIN: 10500910 · Belfast, ME · NTEE: S800 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $258K |
| Total Expenses | $107K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.0M |
| Transparency Score | 92/100 |
Is Rotary Club Of Belfast Maine Charitable Fund 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 Belfast Maine Charitable Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rotary Club Of Belfast Maine Charitable Fund
Rotary Club Of Belfast Maine Charitable Fund (EIN: 10500910) is a nonprofit organization based in Belfast, ME, classified under NTEE code S800. The organization reported total revenue of $258K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rotary Club Of Belfast Maine Charitable Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rotary Club Of Belfast Maine Charitable Fund is a small nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $107K |
| Surplus / Deficit | +$67K |
| Total Assets | $2.4M |
| Total Liabilities | $420K |
| Net Assets | $2.0M |
| Operating Margin | 38.4% |
| Debt-to-Asset Ratio | 17.4% |
| Months of Reserves | 270.2 months |
Financial Health Grade: A
In 2024, Rotary Club Of Belfast Maine Charitable Fund reported a surplus of $67K with revenue exceeding expenses, holds 270.2 months of operating reserves (strong position), has a debt-to-asset ratio of 17.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Rotary Club Of Belfast Maine Charitable Fund's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.7% | -17.4% | +6.3% |
| 2023 | -31.9% | +3.2% | +7.9% |
| 2022 | +121.2% | +9.6% | -10.6% |
| 2021 | -60.8% | -23.5% | +14.2% |
| 2020 | +45.5% | +35.6% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1995 |
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 Belfast Maine Charitable Fund 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, Rotary Club Of Belfast Maine Charitable Fund 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 $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.4%.
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 charity of its size with assets exceeding $2 million.
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 Belfast Maine Charitable Fund:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Strong and growing asset base, demonstrating financial stability and capacity for future programs.
- Expenses consistently well below revenue, allowing for asset growth and indicating efficient operations.
- Long and consistent IRS 990 filing history, reflecting good governance and transparency.
- Healthy asset-to-liability ratio, indicating strong financial health.
Frequently Asked Questions about Rotary Club Of Belfast Maine Charitable Fund
Is Rotary Club Of Belfast Maine Charitable Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Rotary Club Of Belfast Maine Charitable Fund (EIN: 10500910) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Rotary Club Of Belfast Maine Charitable Fund spend its money?
Rotary Club Of Belfast Maine Charitable Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rotary Club Of Belfast Maine Charitable Fund tax-deductible?
Rotary Club Of Belfast Maine Charitable Fund is registered as a tax-exempt nonprofit (EIN: 10500910). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rotary Club Of Belfast Maine Charitable Fund CEO make?
Rotary Club Of Belfast Maine Charitable Fund's highest-compensated officer earns $2 annually. The organization reported $258K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rotary Club Of Belfast Maine Charitable Fund's spending goes to programs?
Rotary Club Of Belfast Maine Charitable Fund directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rotary Club Of Belfast Maine Charitable Fund compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Rotary Club Of Belfast Maine Charitable Fund is above average for NTEE category S800 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rotary Club Of Belfast Maine Charitable Fund located?
Rotary Club Of Belfast Maine Charitable Fund is headquartered in Belfast, Maine and files with the IRS under EIN 10500910. It is classified under NTEE code S800.
How many years of IRS 990 filings does Rotary Club Of Belfast Maine Charitable Fund have?
Rotary Club Of Belfast Maine Charitable Fund has 14 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 $258K in total revenue.
Is Rotary Club Of Belfast Maine Charitable Fund a good charity?
Based on its financial data, the Rotary Club Of Belfast Maine Charitable Fund appears to be a very good charity. It demonstrates strong financial health, efficient spending with 0% officer compensation, and consistent asset growth, all pointing to effective use of donations for its charitable mission.
How has the organization's revenue trended over the past few years?
The organization's revenue has fluctuated, with a notable peak in 2015-2016 (e.g., $572,676 in 201506) and more recent revenues ranging from $118,432 (202106) to $261,984 (202206), indicating variability in fundraising or investment income.
What is the organization's asset-to-liability ratio?
The organization maintains a very healthy asset-to-liability ratio. For instance, in 202406, assets were $2,407,526 and liabilities were $420,001, resulting in a ratio of approximately 5.73:1, indicating strong financial stability.
Filing History
IRS 990 filing history for Rotary Club Of Belfast Maine Charitable Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Rotary Club Of Belfast Maine Charitable Fund's revenue has grown by 292.3%, moving from $44K to $174K. Total assets increased by 749.8% over the same period, from $283K to $2.4M. Total functional expenses rose by 124.7%, from $48K to $107K. In its most recent filing year (2024), Rotary Club Of Belfast Maine Charitable Fund reported a surplus of $67K, with revenue exceeding expenses. The organization holds $420K in liabilities against $2.4M in assets (debt-to-asset ratio: 17.4%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $174K | $107K | $2.4M | $420K | — | — |
| 2023 | $178K | $129K | $2.3M | $449K | — | View 990 |
| 2022 | $262K | $125K | $2.1M | $383K | — | View 990 |
| 2021 | $118K | $114K | $2.4M | $374K | — | View 990 |
| 2020 | $302K | $150K | $2.1M | $356K | — | View 990 |
| 2019 | $208K | $110K | $1.9M | $327K | — | View 990 |
| 2018 | $237K | $120K | $1.8M | $304K | — | View 990 |
| 2017 | $209K | $98K | $1.7M | $267K | — | View 990 |
| 2016 | $572K | $95K | $1.4M | $221K | — | View 990 |
| 2015 | $573K | $81K | $943K | $171K | — | View 990 |
| 2014 | $126K | $52K | $435K | $140K | — | View 990 |
| 2013 | $86K | $49K | $324K | $131K | — | View 990 |
| 2012 | $50K | $61K | $297K | $140K | — | View 990 |
| 2011 | $44K | $48K | $283K | $117K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $174K, expenses of $107K, and assets of $2.4M (revenue -2.7% year-over-year).
- 2023: Revenue of $178K, expenses of $129K, and assets of $2.3M (revenue -31.9% year-over-year).
- 2022: Revenue of $262K, expenses of $125K, and assets of $2.1M (revenue +121.2% year-over-year).
- 2021: Revenue of $118K, expenses of $114K, and assets of $2.4M (revenue -60.8% year-over-year).
- 2020: Revenue of $302K, expenses of $150K, and assets of $2.1M (revenue +45.5% year-over-year).
- 2019: Revenue of $208K, expenses of $110K, and assets of $1.9M (revenue -12.5% year-over-year).
- 2018: Revenue of $237K, expenses of $120K, and assets of $1.8M (revenue +13.7% year-over-year).
- 2017: Revenue of $209K, expenses of $98K, and assets of $1.7M (revenue -63.5% year-over-year).
- 2016: Revenue of $572K, expenses of $95K, and assets of $1.4M (revenue -0.1% year-over-year).
- 2015: Revenue of $573K, expenses of $81K, and assets of $943K (revenue +356.0% year-over-year).
- 2014: Revenue of $126K, expenses of $52K, and assets of $435K (revenue +45.8% year-over-year).
- 2013: Revenue of $86K, expenses of $49K, and assets of $324K (revenue +71.1% year-over-year).
- 2012: Revenue of $50K, expenses of $61K, and assets of $297K (revenue +13.7% year-over-year).
- 2011: Revenue of $44K, expenses of $48K, and assets of $283K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rotary Club Of Belfast Maine Charitable Fund:
Data Sources and Methodology
This transparency report for Rotary Club Of Belfast Maine Charitable Fund 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.