The Sebago Lake Rotary Club Charitable Fund Inc
Sebago Lake Rotary Club Charitable Fund operates with volunteer leadership and modest, stable finances.
EIN: 10500635 · Windham, ME · NTEE: S80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38K |
| Total Expenses | $13K |
| Program Spending | 90% |
| Net Assets | $25K |
| Transparency Score | 85/100 |
Is The Sebago Lake Rotary Club Charitable Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Sebago Lake Rotary Club Charitable Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Sebago Lake Rotary Club Charitable Fund Inc
The Sebago Lake Rotary Club Charitable Fund Inc (EIN: 10500635) is a nonprofit organization based in Windham, ME, classified under NTEE code S80. The organization reported total revenue of $38K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sebago Lake Rotary Club Charitable Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Sebago Lake Rotary Club Charitable Fund Inc is a micro nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $13K |
| Surplus / Deficit | $-7,243 |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | -129.3% |
| Months of Reserves | 23.5 months |
Financial Health Grade: B
In 2023, The Sebago Lake Rotary Club Charitable Fund Inc reported a deficit of $7K with expenses exceeding revenue, holds 23.5 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.4% | -22.6% | -11.6% |
| 2022 | -22.6% | +4.4% | +22.7% |
| 2021 | +165.2% | -7.4% | +33.2% |
| 2020 | -48.7% | +94.8% | -33.6% |
| 2019 | -23.1% | -55.4% | +70.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 The Sebago Lake Rotary Club Charitable Fund Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Sebago Lake Rotary Club Charitable Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for an organization of its size, ensuring that donor funds are not diverted to 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.
Strengths
The following positive indicators were identified for The Sebago Lake Rotary Club Charitable Fund Inc:
- 0% Officer Compensation: No executive salaries reported, indicating a volunteer-run organization.
- Consistent Transparency: Regular and timely IRS 990 filings for over a decade.
- Low Liabilities: Consistently reports zero or negligible liabilities, indicating strong financial health.
- Stable Asset Base: Maintains a modest but stable asset base relative to its operational size.
Frequently Asked Questions about The Sebago Lake Rotary Club Charitable Fund Inc
Is The Sebago Lake Rotary Club Charitable Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Sebago Lake Rotary Club Charitable Fund Inc (EIN: 10500635) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does The Sebago Lake Rotary Club Charitable Fund Inc spend its money?
The Sebago Lake Rotary Club Charitable Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Sebago Lake Rotary Club Charitable Fund Inc tax-deductible?
The Sebago Lake Rotary Club Charitable Fund Inc is registered as a tax-exempt nonprofit (EIN: 10500635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Sebago Lake Rotary Club Charitable Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Sebago Lake Rotary Club Charitable Fund Inc is above average for NTEE category S80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Sebago Lake Rotary Club Charitable Fund Inc located?
The Sebago Lake Rotary Club Charitable Fund Inc is headquartered in Windham, Maine and files with the IRS under EIN 10500635. It is classified under NTEE code S80.
How many years of IRS 990 filings does The Sebago Lake Rotary Club Charitable Fund Inc have?
The Sebago Lake Rotary Club Charitable Fund Inc has 12 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 $38K in total revenue.
Is The Sebago Lake Rotary Club Charitable Fund Inc a good charity?
Based on the available data, the organization appears to be a good charity, particularly due to its volunteer-led structure (0% officer compensation) and consistent financial transparency through regular IRS 990 filings. Its small scale and stable finances suggest responsible management.
How does the organization manage its expenses?
The organization manages its expenses efficiently, with no reported officer compensation, implying a volunteer-driven operational model. While specific expense breakdowns aren't detailed, the lack of executive salaries suggests a high proportion of funds likely go towards program delivery and essential administrative costs.
What is the trend in the organization's revenue?
The organization's revenue has fluctuated over the years, ranging from a low of $4,282 in 2016 to a high of $22,166 in 2021. The latest reported revenue is $5,600 (Period 202306), which is lower than previous years, but the overall trend shows variability rather than consistent growth or decline.
Filing History
IRS 990 filing history for The Sebago Lake Rotary Club Charitable Fund Inc showing financial trends over 12 years of public records:
Total assets increased by 2511600% over the same period, from $1 to $25K. Total functional expenses rose by 59.1%, from $8K to $13K. In its most recent filing year (2023), The Sebago Lake Rotary Club Charitable Fund Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $13K | $25K | $0 | — | View 990 |
| 2022 | $17K | $17K | $28K | $0 | — | — |
| 2021 | $22K | $16K | $23K | $0 | — | — |
| 2020 | $8K | $17K | $17K | $500 | — | View 990 |
| 2019 | $16K | $9K | $26K | $500 | — | View 990 |
| 2018 | $21K | $20K | $15K | $345 | — | View 990 |
| 2017 | $14K | $6K | $14K | $0 | — | View 990 |
| 2016 | $4K | $5K | $3K | $0 | — | View 990 |
| 2015 | $7K | $12K | $3K | $0 | — | View 990 |
| 2014 | $13K | $5K | $8K | $200 | — | View 990 |
| 2013 | $195 | $0 | $125 | $0 | — | View 990 |
| 2012 | $-8,157 | $8K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $13K, and assets of $25K (revenue -67.4% year-over-year).
- 2022: Revenue of $17K, expenses of $17K, and assets of $28K (revenue -22.6% year-over-year).
- 2021: Revenue of $22K, expenses of $16K, and assets of $23K (revenue +165.2% year-over-year).
- 2020: Revenue of $8K, expenses of $17K, and assets of $17K (revenue -48.7% year-over-year).
- 2019: Revenue of $16K, expenses of $9K, and assets of $26K (revenue -23.1% year-over-year).
- 2018: Revenue of $21K, expenses of $20K, and assets of $15K (revenue +46.2% year-over-year).
- 2017: Revenue of $14K, expenses of $6K, and assets of $14K (revenue +238.4% year-over-year).
- 2016: Revenue of $4K, expenses of $5K, and assets of $3K (revenue -38.7% year-over-year).
- 2015: Revenue of $7K, expenses of $12K, and assets of $3K (revenue -46.6% year-over-year).
- 2014: Revenue of $13K, expenses of $5K, and assets of $8K (revenue +6612.3% year-over-year).
- 2013: Revenue of $195, expenses of $0, and assets of $125.
- 2012: Revenue of $-8,157, expenses of $8K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Sebago Lake Rotary Club Charitable Fund Inc:
Data Sources and Methodology
This transparency report for The Sebago Lake Rotary Club 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.