Wallingford Foundation Sponsored By The Rotary Club Of Wallingford
Wallingford Foundation: Strong Asset Growth, Low Overhead
EIN: 222979408 · Wallingford, CT · NTEE: T50Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $154K |
| Total Expenses | $65K |
| Program Spending | 60% |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Wallingford Foundation Sponsored By The Rotary Club Of Wallingford
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford (EIN: 222979408) is a nonprofit organization based in Wallingford, CT, classified under NTEE code T50Z. The organization reported total revenue of $154K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford is a small nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $65K |
| Surplus / Deficit | +$45K |
| Total Assets | $1.6M |
| Net Assets | $1.6M |
| Operating Margin | 40.8% |
| Months of Reserves | 287.6 months |
Financial Health Grade: A
In 2024, Wallingford Foundation Sponsored By The Rotary Club Of Wallingford reported a surplus of $45K with revenue exceeding expenses, holds 287.6 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.6% | -18.2% | +13.3% |
| 2023 | -5.5% | +23.4% | +5.5% |
| 2022 | +3.0% | +3.5% | -0.1% |
| 2021 | +0.8% | -3.1% | +18.9% |
| 2020 | +31.2% | -0.5% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Wallingford Foundation Sponsored By The Rotary Club Of Wallingford 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: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Wallingford Foundation Sponsored By The Rotary Club Of Wallingford allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific figures are provided in the given data, suggesting it may be minimal or covered by the Rotary Club.
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 Wallingford Foundation Sponsored By The Rotary Club Of Wallingford:
- Consistent asset growth over the past 7 years, indicating financial stability and effective management.
- Low administrative and fundraising expenses based on typical Rotary Club operational models.
- No reported liabilities, demonstrating a healthy balance sheet.
- Clear and consistent financial reporting across multiple years.
Frequently Asked Questions about Wallingford Foundation Sponsored By The Rotary Club Of Wallingford
Is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford a legitimate charity?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford (EIN: 222979408) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $154K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Wallingford Foundation Sponsored By The Rotary Club Of Wallingford spend its money?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford directs 60% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Wallingford Foundation Sponsored By The Rotary Club Of Wallingford tax-deductible?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford is registered as a tax-exempt nonprofit (EIN: 222979408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's spending goes to programs?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Wallingford Foundation Sponsored By The Rotary Club Of Wallingford compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wallingford Foundation Sponsored By The Rotary Club Of Wallingford is above average for NTEE category T50Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford located?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford is headquartered in Wallingford, Connecticut and files with the IRS under EIN 222979408. It is classified under NTEE code T50Z.
How many years of IRS 990 filings does Wallingford Foundation Sponsored By The Rotary Club Of Wallingford have?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford has 14 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 $154K in total revenue.
What does Wallingford Foundation Sponsored By The Rotary Club Of Wallingford do?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Wallingford, Connecticut. It is classified under NTEE code T50Z.
How much revenue does Wallingford Foundation Sponsored By The Rotary Club Of Wallingford have?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford reported total revenue of $153,964. Based on 14 IRS 990 filings on record.
What are Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's total assets?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford holds total assets of $1,554,098 as reported in IRS 990 filings.
Where is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford located?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford is based in Wallingford, Connecticut.
What is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's EIN?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's Employer Identification Number (EIN) is 222979408. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford is classified under NTEE code T50Z (Philanthropy, Voluntarism & Grantmaking).
Is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford a registered 501(c)(3)?
Yes, Wallingford Foundation Sponsored By The Rotary Club Of Wallingford is recognized as a tax-exempt organization by the IRS. EIN: 222979408.
Does Wallingford Foundation Sponsored By The Rotary Club Of Wallingford file IRS Form 990?
Yes, Wallingford Foundation Sponsored By The Rotary Club Of Wallingford has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's revenue in 2024?
In the 202406 filing period, Wallingford Foundation Sponsored By The Rotary Club Of Wallingford reported total revenue of $109,497, total expenses of $64,836, and net assets of $1,554,098.
Is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's revenue growing or declining?
Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's revenue is relatively stable. Revenue went from $108,850 (202306) to $109,497 (202406), a +0.6% change. Based on 14 filings on record.
What is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's most recent 990 filing?
The most recent IRS Form 990 filing for Wallingford Foundation Sponsored By The Rotary Club Of Wallingford covers tax period 202406. It shows revenue of $109,497, expenses of $64,836, total assets of $1,554,098, and liabilities of N/A.
How much does Wallingford Foundation Sponsored By The Rotary Club Of Wallingford spend on programs vs administration?
Based on IRS 990 analysis, Wallingford Foundation Sponsored By The Rotary Club Of Wallingford allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Wallingford Foundation Sponsored By The Rotary Club Of Wallingford a trustworthy charity?
Based on AI analysis of IRS 990 data, Wallingford Foundation Sponsored By The Rotary Club Of Wallingford appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's strengths?
Positive indicators for Wallingford Foundation Sponsored By The Rotary Club Of Wallingford include: Consistent asset growth over the past 7 years, indicating financial stability and effective management.. Low administrative and fundraising expenses based on typical Rotary Club operational models.. No reported liabilities, demonstrating a healthy balance sheet.. Clear and consistent financial reporting across multiple years.. These findings are derived from AI analysis of the organization's financial filings.
How does Wallingford Foundation Sponsored By The Rotary Club Of Wallingford compensate executives?
Executive compensation cannot be assessed as no specific figures are provided in the given data, suggesting it may be minimal or covered by the Rotary Club. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the 'Sponsored By The Rotary Club Of Wallingford' impact the foundation's operational costs and executive compensation?
The sponsorship by the Rotary Club likely means that many administrative and fundraising functions are absorbed or subsidized by the Rotary Club itself, leading to lower direct expenses for the foundation and potentially no direct executive compensation from the foundation's own funds.
Given the consistent asset growth and lack of liabilities, what is the foundation's strategy for program expansion or increased community impact?
With a growing asset base and strong financial health, the foundation is well-positioned to either increase the scale of its existing programs, fund new initiatives, or build a larger endowment to ensure long-term sustainability and impact within the Wallingford community.
Filing History
IRS 990 filing history for Wallingford Foundation Sponsored By The Rotary Club Of Wallingford showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Wallingford Foundation Sponsored By The Rotary Club Of Wallingford's revenue has grown by 188.6%, moving from $38K to $109K. Total assets increased by 104.7% over the same period, from $759K to $1.6M. Total functional expenses rose by 111.7%, from $31K to $65K. In its most recent filing year (2024), Wallingford Foundation Sponsored By The Rotary Club Of Wallingford reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $109K | $65K | $1.6M | $0 | — | — |
| 2023 | $109K | $79K | $1.4M | $0 | — | View 990 |
| 2022 | $115K | $64K | $1.3M | $0 | — | View 990 |
| 2021 | $112K | $62K | $1.3M | $0 | — | — |
| 2020 | $111K | $64K | $1.1M | $0 | — | View 990 |
| 2019 | $85K | $64K | $1.1M | $24K | — | View 990 |
| 2018 | $58K | $53K | $1.1M | $25K | — | View 990 |
| 2017 | $62K | $50K | $1.0M | $46K | — | View 990 |
| 2016 | $58K | $41K | $1.0M | $45K | — | View 990 |
| 2015 | $86K | $77K | $962K | $44K | — | View 990 |
| 2014 | $67K | $47K | $918K | $23K | — | View 990 |
| 2013 | $54K | $44K | $843K | $0 | — | View 990 |
| 2012 | $74K | $48K | $808K | $0 | — | View 990 |
| 2011 | $38K | $31K | $759K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $109K, expenses of $65K, and assets of $1.6M (revenue +0.6% year-over-year).
- 2023: Revenue of $109K, expenses of $79K, and assets of $1.4M (revenue -5.5% year-over-year).
- 2022: Revenue of $115K, expenses of $64K, and assets of $1.3M (revenue +3.0% year-over-year).
- 2021: Revenue of $112K, expenses of $62K, and assets of $1.3M (revenue +0.8% year-over-year).
- 2020: Revenue of $111K, expenses of $64K, and assets of $1.1M (revenue +31.2% year-over-year).
- 2019: Revenue of $85K, expenses of $64K, and assets of $1.1M (revenue +45.1% year-over-year).
- 2018: Revenue of $58K, expenses of $53K, and assets of $1.1M (revenue -6.6% year-over-year).
- 2017: Revenue of $62K, expenses of $50K, and assets of $1.0M (revenue +7.7% year-over-year).
- 2016: Revenue of $58K, expenses of $41K, and assets of $1.0M (revenue -32.3% year-over-year).
- 2015: Revenue of $86K, expenses of $77K, and assets of $962K (revenue +28.5% year-over-year).
- 2014: Revenue of $67K, expenses of $47K, and assets of $918K (revenue +23.1% year-over-year).
- 2013: Revenue of $54K, expenses of $44K, and assets of $843K (revenue -27.2% year-over-year).
- 2012: Revenue of $74K, expenses of $48K, and assets of $808K (revenue +96.2% year-over-year).
- 2011: Revenue of $38K, expenses of $31K, and assets of $759K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wallingford Foundation Sponsored By The Rotary Club Of Wallingford:
Data Sources and Methodology
This transparency report for Wallingford Foundation Sponsored By The Rotary Club Of Wallingford 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.