Rotary Club Of Farmington Foundation Inc
Rotary Club Of Farmington Foundation Inc reports $0 revenue and assets, indicating potential dormancy.
EIN: 201638309 · Farmington, NM · NTEE: T195 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $187 |
| Program Spending | 90% |
| Net Assets | $60K |
| Transparency Score | 70/100 |
Is Rotary Club Of Farmington Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rotary Club Of Farmington Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rotary Club Of Farmington Foundation Inc
Rotary Club Of Farmington Foundation Inc (EIN: 201638309) is a nonprofit organization based in Farmington, NM, classified under NTEE code T195. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rotary Club Of Farmington Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rotary Club Of Farmington Foundation Inc is a micro nonprofit that has been operating for 21 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -11.0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $334 |
| Total Expenses | $187 |
| Surplus / Deficit | +$147 |
| Total Assets | $60K |
| Net Assets | $60K |
| Operating Margin | 44.0% |
| Months of Reserves | 3823.8 months |
Financial Health Grade: A
In 2014, Rotary Club Of Farmington Foundation Inc reported a surplus of $147 with revenue exceeding expenses, holds 3823.8 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Rotary Club Of Farmington Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -97.2% | -98.4% | +0.2% |
| 2013 | +653.6% | +733.9% | +1.0% |
| 2012 | +234.6% | -77.7% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Farmington Foundation Inc with a Mission Score of 70 out of 100 (Good). 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 Farmington Foundation Inc 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $147, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are used for executive salaries, which is highly favorable for donor trust.
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 Rotary Club Of Farmington Foundation Inc's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential dormancy or cessation of operations.
- Lack of recent financial activity makes it difficult to assess current impact and effectiveness.
Strengths
The following positive indicators were identified for Rotary Club Of Farmington Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven model.
- No reported liabilities across all filing periods, demonstrating strong financial management and no debt.
- Historically maintained a stable asset base, suggesting prudent financial stewardship in earlier periods.
Frequently Asked Questions about Rotary Club Of Farmington Foundation Inc
Is Rotary Club Of Farmington Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rotary Club Of Farmington Foundation Inc (EIN: 201638309) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Rotary Club Of Farmington Foundation Inc spend its money?
Rotary Club Of Farmington Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rotary Club Of Farmington Foundation Inc tax-deductible?
Rotary Club Of Farmington Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201638309). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rotary Club Of Farmington Foundation Inc's spending goes to programs?
Rotary Club Of Farmington Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rotary Club Of Farmington Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Rotary Club Of Farmington Foundation Inc is above average for NTEE category T195 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rotary Club Of Farmington Foundation Inc located?
Rotary Club Of Farmington Foundation Inc is headquartered in Farmington, New Mexico and files with the IRS under EIN 201638309. It is classified under NTEE code T195.
How many years of IRS 990 filings does Rotary Club Of Farmington Foundation Inc have?
Rotary Club Of Farmington Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Rotary Club Of Farmington Foundation Inc currently active?
The latest IRS 990 data showing $0 revenue and $0 assets suggests the organization may be dormant or has ceased operations. Further inquiry directly with the organization would be needed to confirm its current status.
How does the organization fund its activities?
Historically, the organization generated revenue through various means, with a peak of $11,952 in 2013. However, with current reported revenue at $0, its funding sources are unclear, and it may not be actively funding programs.
What is the purpose of the organization's assets?
The organization maintained a stable asset base of approximately $58,000-$59,000 in earlier periods. Without more detailed financial statements, the specific purpose of these assets (e.g., endowment, operational reserves) is not explicitly stated, but they likely supported its charitable activities.
Filing History
IRS 990 filing history for Rotary Club Of Farmington Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Rotary Club Of Farmington Foundation Inc's revenue has declined by 29.5%, moving from $474 to $334. Total assets increased by 1.6% over the same period, from $59K to $60K. Total functional expenses fell by 96.9%, from $6K to $187. In its most recent filing year (2014), Rotary Club Of Farmington Foundation Inc reported a surplus of $147, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $334 | $187 | $60K | $0 | — | View 990 |
| 2013 | $12K | $11K | $59K | $0 | — | View 990 |
| 2012 | $2K | $1K | $59K | $0 | — | View 990 |
| 2011 | $474 | $6K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $334, expenses of $187, and assets of $60K (revenue -97.2% year-over-year).
- 2013: Revenue of $12K, expenses of $11K, and assets of $59K (revenue +653.6% year-over-year).
- 2012: Revenue of $2K, expenses of $1K, and assets of $59K (revenue +234.6% year-over-year).
- 2011: Revenue of $474, expenses of $6K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rotary Club Of Farmington Foundation Inc:
Data Sources and Methodology
This transparency report for Rotary Club Of Farmington Foundation Inc 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.