Sanford Springvale Rotary Charitable Fund Inc
Sanford Springvale Rotary Charitable Fund Inc reports zero revenue and assets in latest filing, indicating potential inactivity.
EIN: 10434227 · Sanford, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $40K |
| Program Spending | 85% |
| Net Assets | $261K |
| Transparency Score | 65/100 |
Is Sanford Springvale Rotary Charitable Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sanford Springvale Rotary Charitable Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sanford Springvale Rotary Charitable Fund Inc
Sanford Springvale Rotary Charitable Fund Inc (EIN: 10434227) is a nonprofit organization based in Sanford, ME, classified under NTEE code B82. 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 Sanford Springvale Rotary Charitable Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sanford Springvale Rotary Charitable Fund Inc is a micro nonprofit that has been operating for 28 years, with 2 years of IRS 990 filings on record (2010–2011). Revenue has grown at a compound annual rate of -31.4%.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $40K |
| Surplus / Deficit | $-6,132 |
| Total Assets | $261K |
| Net Assets | $261K |
| Operating Margin | -18.1% |
| Months of Reserves | 78.2 months |
Financial Health Grade: B
In 2011, Sanford Springvale Rotary Charitable Fund Inc reported a deficit of $6K with expenses exceeding revenue, holds 78.2 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2010–2011), Sanford Springvale Rotary Charitable Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -31.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2011 | -31.4% | -19.2% | +33.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
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 Sanford Springvale Rotary Charitable Fund Inc with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sanford Springvale Rotary Charitable Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation, indicating a volunteer-led structure and ensuring that all funds are directed towards its charitable activities rather than executive salaries.
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 Sanford Springvale Rotary Charitable Fund Inc's IRS 990 filings:
- Zero reported revenue and assets in latest filing, indicating potential inactivity or significant operational change.
- Lack of detailed program spending information in provided data.
Strengths
The following positive indicators were identified for Sanford Springvale Rotary Charitable Fund Inc:
- Consistent 0% officer compensation, demonstrating volunteer leadership and efficient use of funds for executive pay.
- History of positive asset accumulation in active periods (e.g., $196,072 in 2010 to $260,681 in 2011).
Frequently Asked Questions about Sanford Springvale Rotary Charitable Fund Inc
Is Sanford Springvale Rotary Charitable Fund Inc a legitimate charity?
Sanford Springvale Rotary Charitable Fund Inc (EIN: 10434227) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 2 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Sanford Springvale Rotary Charitable Fund Inc spend its money?
Sanford Springvale Rotary Charitable Fund Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sanford Springvale Rotary Charitable Fund Inc tax-deductible?
Sanford Springvale Rotary Charitable Fund Inc is registered as a tax-exempt nonprofit (EIN: 10434227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sanford Springvale Rotary Charitable Fund Inc's spending goes to programs?
Sanford Springvale Rotary Charitable Fund Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sanford Springvale Rotary Charitable Fund Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Sanford Springvale Rotary Charitable Fund Inc 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 Sanford Springvale Rotary Charitable Fund Inc located?
Sanford Springvale Rotary Charitable Fund Inc is headquartered in Sanford, Maine and files with the IRS under EIN 10434227. It is classified under NTEE code B82.
How many years of IRS 990 filings does Sanford Springvale Rotary Charitable Fund Inc have?
Sanford Springvale Rotary Charitable Fund Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Sanford Springvale Rotary Charitable Fund Inc currently active?
The latest filing showing $0 in revenue and assets suggests the organization may be inactive or in a transitional phase. Further investigation into more recent filings or direct contact would be needed to confirm its current operational status.
What were the primary programs supported by the organization when it was active?
The provided data does not detail specific programs. However, as a Rotary Charitable Fund, it likely supported local community initiatives, scholarships, and humanitarian projects in the Sanford and Springvale areas.
How did the organization manage its expenses relative to revenue in active periods?
In 2011, expenses ($40,027) slightly exceeded revenue ($33,895), and similarly in 2010, expenses ($49,557) were slightly higher than revenue ($49,422). This indicates that the organization generally spent what it brought in, sometimes drawing slightly from reserves or experiencing minor deficits.
Filing History
IRS 990 filing history for Sanford Springvale Rotary Charitable Fund Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2010–2011), Sanford Springvale Rotary Charitable Fund Inc's revenue has declined by 31.4%, moving from $49K to $34K. Total assets increased by 33% over the same period, from $196K to $261K. Total functional expenses fell by 19.2%, from $50K to $40K. In its most recent filing year (2011), Sanford Springvale Rotary Charitable Fund Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $34K | $40K | $261K | $0 | — | View 990 |
| 2010 | $49K | $50K | $196K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sanford Springvale Rotary Charitable Fund Inc:
Data Sources and Methodology
This transparency report for Sanford Springvale Rotary Charitable Fund 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.