The Rotary Club Of Cheat Lake Inc
EIN: 550599971 · Dellslow, WV
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $120K |
| Net Assets | $58K |
Is The Rotary Club Of Cheat Lake Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Rotary Club Of Cheat Lake Inc
The Rotary Club Of Cheat Lake Inc (EIN: 550599971) is a nonprofit organization based in Dellslow, WV. The organization reported total revenue of $121K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Rotary Club Of Cheat Lake Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Rotary Club Of Cheat Lake Inc is a small nonprofit that has been operating for 14 years, with 7 years of IRS 990 filings on record (2013–2019). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $120K |
| Surplus / Deficit | $-26,396 |
| Total Assets | $58K |
| Net Assets | $58K |
| Operating Margin | -28.2% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2019, The Rotary Club Of Cheat Lake Inc reported a deficit of $26K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate).
Financial Trends
Over 7 years of filings (2013–2019), The Rotary Club Of Cheat Lake Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -7.0% | +35.0% | -31.3% |
| 2018 | +31.4% | +46.7% | +16.3% |
| 2017 | +11.6% | -4.9% | +28.2% |
| 2016 | +5.5% | -4.0% | +9.0% |
| 2015 | -14.6% | +4.4% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Rotary Club Of Cheat Lake Inc 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 The Rotary Club Of Cheat Lake Inc 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.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
Frequently Asked Questions about The Rotary Club Of Cheat Lake Inc
Is The Rotary Club Of Cheat Lake Inc a legitimate charity?
The Rotary Club Of Cheat Lake Inc (EIN: 550599971) is a registered tax-exempt nonprofit based in West Virginia. It has 7 years of IRS 990 filings on record. Total revenue: $121K. No red flags identified. Financial health grade: B.
How does The Rotary Club Of Cheat Lake Inc spend its money?
The Rotary Club Of Cheat Lake Inc reported $121K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Rotary Club Of Cheat Lake Inc tax-deductible?
The Rotary Club Of Cheat Lake Inc is registered as a tax-exempt nonprofit (EIN: 550599971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Rotary Club Of Cheat Lake Inc located?
The Rotary Club Of Cheat Lake Inc is headquartered in Dellslow, West Virginia and files with the IRS under EIN 550599971.
How many years of IRS 990 filings does The Rotary Club Of Cheat Lake Inc have?
The Rotary Club Of Cheat Lake Inc has 7 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 $121K in total revenue.
Filing History
IRS 990 filing history for The Rotary Club Of Cheat Lake Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2013–2019), The Rotary Club Of Cheat Lake Inc's revenue has grown by 55.8%, moving from $60K to $94K. Total assets increased by 43.6% over the same period, from $40K to $58K. Total functional expenses rose by 87.1%, from $64K to $120K. In its most recent filing year (2019), The Rotary Club Of Cheat Lake Inc reported a deficit of $26K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $94K | $120K | $58K | $0 | — | View 990 |
| 2018 | $101K | $89K | $84K | $0 | — | View 990 |
| 2017 | $77K | $61K | $72K | $0 | — | View 990 |
| 2016 | $69K | $64K | $57K | $100 | — | View 990 |
| 2015 | $65K | $66K | $52K | $364 | — | View 990 |
| 2014 | $76K | $63K | $53K | $0 | — | View 990 |
| 2013 | $60K | $64K | $40K | $134 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $94K, expenses of $120K, and assets of $58K (revenue -7.0% year-over-year).
- 2018: Revenue of $101K, expenses of $89K, and assets of $84K (revenue +31.4% year-over-year).
- 2017: Revenue of $77K, expenses of $61K, and assets of $72K (revenue +11.6% year-over-year).
- 2016: Revenue of $69K, expenses of $64K, and assets of $57K (revenue +5.5% year-over-year).
- 2015: Revenue of $65K, expenses of $66K, and assets of $52K (revenue -14.6% year-over-year).
- 2014: Revenue of $76K, expenses of $63K, and assets of $53K (revenue +26.8% year-over-year).
- 2013: Revenue of $60K, expenses of $64K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Rotary Club Of Cheat Lake Inc:
Data Sources and Methodology
This transparency report for The Rotary Club Of Cheat Lake 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.