Westport Rotary Club Foundation Inc
Westport Rotary Club Foundation: Strong Program Spending, Limited Transparency
EIN: 223089635 · Westport, CT · NTEE: S80 · Updated: 2026-04-04
Is Westport Rotary Club Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westport Rotary Club Foundation Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westport Rotary Club Foundation Inc
Westport Rotary Club Foundation Inc (EIN: 223089635) is a nonprofit organization based in Westport, CT, classified under NTEE code S80. The organization reported total revenue of $1.2M and total assets of $497K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westport Rotary Club Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westport Rotary Club Foundation Inc is a mid-size nonprofit that has been operating for 4 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 16.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $388K |
| Total Expenses | $421K |
| Surplus / Deficit | $-32,283 |
| Total Assets | $289K |
| Total Liabilities | $70K |
| Net Assets | $218K |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 24.4% |
| Months of Reserves | 8.2 months |
Financial Health Grade: B
In 2024, Westport Rotary Club Foundation Inc reported a deficit of $32K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 24.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2024), Westport Rotary Club Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.5% | +34.3% | +44.4% |
| 2023 | +119.8% | +113.6% | +44.3% |
| 2021 | -7.7% | -18.2% | +118.2% |
| 2019 | +21.0% | +67.5% | -1.7% |
| 2018 | +75.5% | +22.6% | +446.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Westport Rotary Club Foundation 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: 12%
- programs: 88%
- fundraising: 0%
According to IRS 990 filings, Westport Rotary Club Foundation Inc allocates its expenses as follows: admin: 12%, programs: 88%, fundraising: 0%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.4%.
Executive Compensation Analysis
The organization reports $0 in compensation for officers, directors, trustees, and key employees, indicating a volunteer-led executive structure.
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 Westport Rotary Club Foundation Inc's IRS 990 filings:
- Lack of detailed program expense breakdown in financial filings.
- Limited public information regarding specific grant recipients or program outcomes.
Strengths
The following positive indicators were identified for Westport Rotary Club Foundation Inc:
- Consistently high percentage of expenses dedicated to programs (88% in 2024).
- Volunteer-based leadership with no reported executive compensation.
- Healthy asset growth over the past several years, indicating financial stability.
Frequently Asked Questions about Westport Rotary Club Foundation Inc
Is Westport Rotary Club Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Westport Rotary Club Foundation Inc (EIN: 223089635) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Westport Rotary Club Foundation Inc spend its money?
Westport Rotary Club Foundation Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Westport Rotary Club Foundation Inc tax-deductible?
Westport Rotary Club Foundation Inc is registered as a tax-exempt nonprofit (EIN: 223089635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Westport Rotary Club Foundation Inc do?
Westport Rotary Club Foundation Inc is a nonprofit organization in the Community Improvement sector, located in Westport, Connecticut. It is classified under NTEE code S80.
How much revenue does Westport Rotary Club Foundation Inc have?
Westport Rotary Club Foundation Inc reported total revenue of $1,173,302. Based on 12 IRS 990 filings on record.
What are Westport Rotary Club Foundation Inc's total assets?
Westport Rotary Club Foundation Inc holds total assets of $496,985 as reported in IRS 990 filings.
Where is Westport Rotary Club Foundation Inc located?
Westport Rotary Club Foundation Inc is based in Westport, Connecticut.
What is Westport Rotary Club Foundation Inc's EIN?
Westport Rotary Club Foundation Inc's Employer Identification Number (EIN) is 223089635. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Westport Rotary Club Foundation Inc?
Westport Rotary Club Foundation Inc is classified under NTEE code S80 (Community Improvement).
Is Westport Rotary Club Foundation Inc a registered 501(c)(3)?
Yes, Westport Rotary Club Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 223089635.
Does Westport Rotary Club Foundation Inc file IRS Form 990?
Yes, Westport Rotary Club Foundation Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Westport Rotary Club Foundation Inc's revenue in 2024?
In the 202406 filing period, Westport Rotary Club Foundation Inc reported total revenue of $388,266, total expenses of $420,549, and net assets of $288,531.
Is Westport Rotary Club Foundation Inc's revenue growing or declining?
Westport Rotary Club Foundation Inc's revenue is relatively stable. Revenue went from $386,412 (202306) to $388,266 (202406), a +0.5% change. Based on 12 filings on record.
What is Westport Rotary Club Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Westport Rotary Club Foundation Inc covers tax period 202406. It shows revenue of $388,266, expenses of $420,549, total assets of $288,531, and liabilities of $70,475.
How much does Westport Rotary Club Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Westport Rotary Club Foundation Inc allocates approximately 88% of expenses to program services, 12% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Westport Rotary Club Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Westport Rotary Club Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Westport Rotary Club Foundation Inc?
The following concerns were identified: Lack of detailed program expense breakdown in financial filings.. Limited public information regarding specific grant recipients or program outcomes.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Westport Rotary Club Foundation Inc's strengths?
Positive indicators for Westport Rotary Club Foundation Inc include: Consistently high percentage of expenses dedicated to programs (88% in 2024).. Volunteer-based leadership with no reported executive compensation.. Healthy asset growth over the past several years, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Westport Rotary Club Foundation Inc compensate executives?
The organization reports $0 in compensation for officers, directors, trustees, and key employees, indicating a volunteer-led executive structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure effective allocation of its program spending without detailed public reporting on specific initiatives?
While the filings show a high percentage of program spending, the absence of detailed descriptions of these programs or their beneficiaries in public documents makes it challenging for external stakeholders to understand the specific impact and effectiveness of the $420,549 spent on programs in 2024.
Given the significant increase in revenue and assets, what strategies are in place to maintain the current low administrative overhead?
The organization has managed to keep administrative expenses relatively low, with $42,054 in 2024, despite substantial growth in revenue and assets. This suggests a highly efficient, likely volunteer-driven operational model, but future growth may necessitate a review of this strategy to ensure sustainability without compromising program delivery.
Filing History
IRS 990 filing history for Westport Rotary Club Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), Westport Rotary Club Foundation Inc's revenue has grown by 591.4%, moving from $56K to $388K. Total assets increased by 1048.3% over the same period, from $25K to $289K. Total functional expenses rose by 609.7%, from $59K to $421K. In its most recent filing year (2024), Westport Rotary Club Foundation Inc reported a deficit of $32K, with expenses exceeding revenue. The organization holds $70K in liabilities against $289K in assets (debt-to-asset ratio: 24.4%), resulting in net assets of $218K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $388K | $421K | $289K | $70K | — | — |
| 2023 | $386K | $313K | $200K | $0 | — | View 990 |
| 2021 | $176K | $147K | $139K | $0 | — | View 990 |
| 2019 | $191K | $179K | $63K | $0 | — | — |
| 2018 | $157K | $107K | $65K | $5K | — | View 990 |
| 2017 | $90K | $87K | $12K | $3K | — | View 990 |
| 2016 | $105K | $109K | $12K | $6K | — | View 990 |
| 2015 | $76K | $63K | $24K | $13K | — | View 990 |
| 2014 | $33K | $40K | $4K | $6K | — | View 990 |
| 2013 | $47K | $55K | $21K | $17K | — | View 990 |
| 2012 | $29K | $39K | $20K | $7K | — | View 990 |
| 2011 | $56K | $59K | $25K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $388K, expenses of $421K, and assets of $289K (revenue +0.5% year-over-year).
- 2023: Revenue of $386K, expenses of $313K, and assets of $200K (revenue +119.8% year-over-year).
- 2021: Revenue of $176K, expenses of $147K, and assets of $139K (revenue -7.7% year-over-year).
- 2019: Revenue of $191K, expenses of $179K, and assets of $63K (revenue +21.0% year-over-year).
- 2018: Revenue of $157K, expenses of $107K, and assets of $65K (revenue +75.5% year-over-year).
- 2017: Revenue of $90K, expenses of $87K, and assets of $12K (revenue -14.3% year-over-year).
- 2016: Revenue of $105K, expenses of $109K, and assets of $12K (revenue +37.9% year-over-year).
- 2015: Revenue of $76K, expenses of $63K, and assets of $24K (revenue +128.9% year-over-year).
- 2014: Revenue of $33K, expenses of $40K, and assets of $4K (revenue -29.6% year-over-year).
- 2013: Revenue of $47K, expenses of $55K, and assets of $21K (revenue +63.7% year-over-year).
- 2012: Revenue of $29K, expenses of $39K, and assets of $20K (revenue -48.8% year-over-year).
- 2011: Revenue of $56K, expenses of $59K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westport Rotary Club Foundation Inc:
Data Sources and Methodology
This transparency report for Westport Rotary Club Foundation 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.