Rotary Foundation Of The Torington Winsted Areas
EIN: 61455048 · Torrington, CT · NTEE: B82
Is Rotary Foundation Of The Torington Winsted Areas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rotary Foundation Of The Torington Winsted Areas
Rotary Foundation Of The Torington Winsted Areas (EIN: 61455048) is a nonprofit organization based in Torrington, CT, classified under NTEE code B82. The organization reported total revenue of $133K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rotary Foundation Of The Torington Winsted Areas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Rotary Foundation Of The Torington Winsted Areas has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rotary Foundation Of The Torington Winsted Areas with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Rotary Foundation Of The Torington Winsted Areas
Is Rotary Foundation Of The Torington Winsted Areas a legitimate charity?
Based on AI analysis of IRS 990 filings, Rotary Foundation Of The Torington Winsted Areas (EIN: 61455048) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rotary Foundation Of The Torington Winsted Areas spend its money?
Detailed spending breakdown data is not yet available for Rotary Foundation Of The Torington Winsted Areas. Check back for updated IRS 990 analysis.
Are donations to Rotary Foundation Of The Torington Winsted Areas tax-deductible?
Rotary Foundation Of The Torington Winsted Areas is registered as a tax-exempt nonprofit (EIN: 61455048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Rotary Foundation Of The Torington Winsted Areas showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rotary Foundation Of The Torington Winsted Areas's revenue has declined by 3.8%, moving from $53K to $51K. Total assets increased by 629.4% over the same period, from $9K to $65K. Total functional expenses rose by 5.3%, from $53K to $56K. In its most recent filing year (2023), Rotary Foundation Of The Torington Winsted Areas reported a deficit of $5K, with expenses exceeding revenue. The organization holds $53K in liabilities against $65K in assets (debt-to-asset ratio: 81.0%), resulting in net assets of $12K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $56K | $65K | $53K | — | View 990 |
| 2022 | $60K | $60K | $53K | $36K | — | View 990 |
| 2021 | $28K | $45K | $65K | $49K | — | — |
| 2020 | $67K | $50K | $33K | $0 | — | View 990 |
| 2019 | $74K | $76K | $61K | $45K | — | View 990 |
| 2018 | $67K | $65K | $62K | $44K | — | View 990 |
| 2017 | $71K | $80K | $66K | $49K | — | View 990 |
| 2016 | $67K | $60K | $381K | $51K | — | View 990 |
| 2015 | $73K | $69K | $379K | $46K | — | View 990 |
| 2014 | $152K | $55K | $362K | $51K | — | View 990 |
| 2013 | $52K | $52K | $68K | $50K | — | View 990 |
| 2012 | $66K | $52K | $63K | $44K | — | View 990 |
| 2011 | $53K | $53K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $56K, and assets of $65K (revenue -14.1% year-over-year).
- 2022: Revenue of $60K, expenses of $60K, and assets of $53K (revenue +111.7% year-over-year).
- 2021: Revenue of $28K, expenses of $45K, and assets of $65K (revenue -57.7% year-over-year).
- 2020: Revenue of $67K, expenses of $50K, and assets of $33K (revenue -10.3% year-over-year).
- 2019: Revenue of $74K, expenses of $76K, and assets of $61K (revenue +10.6% year-over-year).
- 2018: Revenue of $67K, expenses of $65K, and assets of $62K (revenue -5.3% year-over-year).
- 2017: Revenue of $71K, expenses of $80K, and assets of $66K (revenue +5.6% year-over-year).
- 2016: Revenue of $67K, expenses of $60K, and assets of $381K (revenue -7.7% year-over-year).
- 2015: Revenue of $73K, expenses of $69K, and assets of $379K (revenue -52.0% year-over-year).
- 2014: Revenue of $152K, expenses of $55K, and assets of $362K (revenue +193.4% year-over-year).
- 2013: Revenue of $52K, expenses of $52K, and assets of $68K (revenue -21.8% year-over-year).
- 2012: Revenue of $66K, expenses of $52K, and assets of $63K (revenue +23.9% year-over-year).
- 2011: Revenue of $53K, expenses of $53K, and assets of $9K.
Data Sources and Methodology
This transparency report for Rotary Foundation Of The Torington Winsted Areas 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.