Tuscaloosa Rotary Memorial Foundation
EIN: 237156330 · Tuscaloosa, AL · NTEE: S800
| Metric | Value |
|---|---|
| Total Revenue | $21K |
| Total Expenses | $39K |
| Net Assets | $188K |
Is Tuscaloosa Rotary Memorial Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tuscaloosa Rotary Memorial Foundation
Tuscaloosa Rotary Memorial Foundation (EIN: 237156330) is a nonprofit organization based in Tuscaloosa, AL, classified under NTEE code S800. The organization reported total revenue of $21K and total assets of $248K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tuscaloosa Rotary Memorial Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tuscaloosa Rotary Memorial Foundation is a micro nonprofit that has been operating for 54 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $39K |
| Surplus / Deficit | $-18,650 |
| Total Assets | $213K |
| Total Liabilities | $25K |
| Net Assets | $188K |
| Operating Margin | -93.9% |
| Debt-to-Asset Ratio | 11.7% |
| Months of Reserves | 66.5 months |
Financial Health Grade: B
In 2023, Tuscaloosa Rotary Memorial Foundation reported a deficit of $19K with expenses exceeding revenue, holds 66.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Tuscaloosa Rotary Memorial Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.6% | +817.6% | +3.1% |
| 2022 | +11.9% | -90.8% | +8.7% |
| 2021 | -53.5% | +31.0% | -12.5% |
| 2020 | -70.4% | -72.3% | +2.5% |
| 2019 | +5.9% | -19.6% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tuscaloosa Rotary Memorial Foundation 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 Tuscaloosa Rotary Memorial Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.7%.
Frequently Asked Questions about Tuscaloosa Rotary Memorial Foundation
Is Tuscaloosa Rotary Memorial Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tuscaloosa Rotary Memorial Foundation (EIN: 237156330) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tuscaloosa Rotary Memorial Foundation spend its money?
Detailed spending breakdown data is not yet available for Tuscaloosa Rotary Memorial Foundation. Check back for updated IRS 990 analysis.
Are donations to Tuscaloosa Rotary Memorial Foundation tax-deductible?
Tuscaloosa Rotary Memorial Foundation is registered as a tax-exempt nonprofit (EIN: 237156330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tuscaloosa Rotary Memorial Foundation located?
Tuscaloosa Rotary Memorial Foundation is headquartered in Tuscaloosa, Alabama and files with the IRS under EIN 237156330. It is classified under NTEE code S800.
How many years of IRS 990 filings does Tuscaloosa Rotary Memorial Foundation have?
Tuscaloosa Rotary Memorial Foundation 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 $21K in total revenue.
Filing History
IRS 990 filing history for Tuscaloosa Rotary Memorial Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Tuscaloosa Rotary Memorial Foundation's revenue has declined by 71.4%, moving from $69K to $20K. Total assets decreased by 5.5% over the same period, from $226K to $213K. Total functional expenses fell by 59.9%, from $96K to $39K. In its most recent filing year (2023), Tuscaloosa Rotary Memorial Foundation reported a deficit of $19K, with expenses exceeding revenue. The organization holds $25K in liabilities against $213K in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $188K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $39K | $213K | $25K | — | — |
| 2022 | $21K | $4K | $207K | $0 | — | — |
| 2021 | $19K | $46K | $190K | $0 | — | View 990 |
| 2020 | $40K | $35K | $218K | $0 | — | View 990 |
| 2019 | $135K | $125K | $212K | $0 | — | View 990 |
| 2018 | $128K | $156K | $203K | $0 | — | View 990 |
| 2017 | $89K | $89K | $231K | $0 | — | View 990 |
| 2016 | $14K | $30K | $231K | $0 | — | View 990 |
| 2015 | $213K | $194K | $247K | $0 | — | View 990 |
| 2014 | $33K | $18K | $235K | $7K | — | View 990 |
| 2013 | $83K | $96K | $225K | $12K | — | View 990 |
| 2012 | $69K | $96K | $226K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $39K, and assets of $213K (revenue -4.6% year-over-year).
- 2022: Revenue of $21K, expenses of $4K, and assets of $207K (revenue +11.9% year-over-year).
- 2021: Revenue of $19K, expenses of $46K, and assets of $190K (revenue -53.5% year-over-year).
- 2020: Revenue of $40K, expenses of $35K, and assets of $218K (revenue -70.4% year-over-year).
- 2019: Revenue of $135K, expenses of $125K, and assets of $212K (revenue +5.9% year-over-year).
- 2018: Revenue of $128K, expenses of $156K, and assets of $203K (revenue +42.8% year-over-year).
- 2017: Revenue of $89K, expenses of $89K, and assets of $231K (revenue +518.6% year-over-year).
- 2016: Revenue of $14K, expenses of $30K, and assets of $231K (revenue -93.2% year-over-year).
- 2015: Revenue of $213K, expenses of $194K, and assets of $247K (revenue +540.4% year-over-year).
- 2014: Revenue of $33K, expenses of $18K, and assets of $235K (revenue -59.9% year-over-year).
- 2013: Revenue of $83K, expenses of $96K, and assets of $225K (revenue +19.6% year-over-year).
- 2012: Revenue of $69K, expenses of $96K, and assets of $226K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tuscaloosa Rotary Memorial Foundation:
Data Sources and Methodology
This transparency report for Tuscaloosa Rotary Memorial Foundation 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.