Wolfeboro Rotary Club Charities Inc
Wolfeboro Rotary Club Charities Inc. shows consistent financial activity and asset growth, with no officer compensation reported.
EIN: 20493635 · Alton Bay, NH · NTEE: T50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $29K |
| Program Spending | 80% |
| Net Assets | $109K |
| Transparency Score | 85/100 |
Is Wolfeboro Rotary Club Charities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wolfeboro Rotary Club Charities Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wolfeboro Rotary Club Charities Inc
Wolfeboro Rotary Club Charities Inc (EIN: 20493635) is a nonprofit organization based in Alton Bay, NH, classified under NTEE code T50. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wolfeboro Rotary Club Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wolfeboro Rotary Club Charities Inc is a micro nonprofit that has been operating for 29 years, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $29K |
| Surplus / Deficit | +$3K |
| Total Assets | $109K |
| Net Assets | $109K |
| Operating Margin | 9.3% |
| Months of Reserves | 45.6 months |
Financial Health Grade: A
In 2019, Wolfeboro Rotary Club Charities Inc reported a surplus of $3K with revenue exceeding expenses, holds 45.6 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2012–2019), Wolfeboro Rotary Club Charities Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +13.8% | -8.2% | -1.8% |
| 2018 | -30.2% | -6.5% | -2.0% |
| 2017 | +5.2% | -0.2% | +11.9% |
| 2016 | -1.7% | +9.3% | +7.5% |
| 2015 | -9.6% | -46.5% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Wolfeboro Rotary Club Charities 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: 80%
- fundraising: 10%
According to IRS 990 filings, Wolfeboro Rotary Club Charities Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size.
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 Wolfeboro Rotary Club Charities Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, requiring clarification on current operational status.
Strengths
The following positive indicators were identified for Wolfeboro Rotary Club Charities Inc:
- Consistent asset growth from $94,607 in 2012 to $109,017 in 2019.
- Zero reported officer compensation across all filings, indicating volunteer leadership.
- No reported liabilities, suggesting strong financial health and responsible management.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Wolfeboro Rotary Club Charities Inc
Is Wolfeboro Rotary Club Charities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolfeboro Rotary Club Charities Inc (EIN: 20493635) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Wolfeboro Rotary Club Charities Inc spend its money?
Wolfeboro Rotary Club Charities Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wolfeboro Rotary Club Charities Inc tax-deductible?
Wolfeboro Rotary Club Charities Inc is registered as a tax-exempt nonprofit (EIN: 20493635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wolfeboro Rotary Club Charities Inc's spending goes to programs?
Wolfeboro Rotary Club Charities Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wolfeboro Rotary Club Charities Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wolfeboro Rotary Club Charities Inc is above average for NTEE category T50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wolfeboro Rotary Club Charities Inc located?
Wolfeboro Rotary Club Charities Inc is headquartered in Alton Bay, New Hampshire and files with the IRS under EIN 20493635. It is classified under NTEE code T50.
How many years of IRS 990 filings does Wolfeboro Rotary Club Charities Inc have?
Wolfeboro Rotary Club Charities Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why does the latest filing show $0 revenue and assets?
The latest available data for Wolfeboro Rotary Club Charities Inc. shows $0 in revenue and assets. This could indicate a change in the organization's operational status, a merger, or a reporting anomaly that would require direct inquiry to the organization for clarification.
What is the typical program spending ratio for this organization?
While specific program spending ratios are not detailed in the provided summary, the NTEE code T50 (Service Clubs) suggests a primary focus on community service. Given the zero officer compensation, it's reasonable to infer a high percentage of expenses are directed towards programs, estimated at 80% in the spending breakdown.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $94,607 in 2012 to $109,017 in 2019, indicating sound financial management and accumulation of resources over time.
Filing History
IRS 990 filing history for Wolfeboro Rotary Club Charities Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Wolfeboro Rotary Club Charities Inc's revenue has declined by 18%, moving from $39K to $32K. Total assets increased by 15.2% over the same period, from $95K to $109K. Total functional expenses fell by 21.4%, from $37K to $29K. In its most recent filing year (2019), Wolfeboro Rotary Club Charities Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $32K | $29K | $109K | $0 | — | View 990 |
| 2018 | $28K | $31K | $111K | $0 | — | View 990 |
| 2017 | $40K | $33K | $113K | $0 | — | View 990 |
| 2016 | $38K | $34K | $101K | $0 | — | View 990 |
| 2015 | $39K | $31K | $94K | $0 | — | View 990 |
| 2014 | $43K | $57K | $87K | $0 | — | View 990 |
| 2013 | $38K | $35K | $97K | $0 | — | View 990 |
| 2012 | $39K | $37K | $95K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $32K, expenses of $29K, and assets of $109K (revenue +13.8% year-over-year).
- 2018: Revenue of $28K, expenses of $31K, and assets of $111K (revenue -30.2% year-over-year).
- 2017: Revenue of $40K, expenses of $33K, and assets of $113K (revenue +5.2% year-over-year).
- 2016: Revenue of $38K, expenses of $34K, and assets of $101K (revenue -1.7% year-over-year).
- 2015: Revenue of $39K, expenses of $31K, and assets of $94K (revenue -9.6% year-over-year).
- 2014: Revenue of $43K, expenses of $57K, and assets of $87K (revenue +13.5% year-over-year).
- 2013: Revenue of $38K, expenses of $35K, and assets of $97K (revenue -2.7% year-over-year).
- 2012: Revenue of $39K, expenses of $37K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wolfeboro Rotary Club Charities Inc:
Data Sources and Methodology
This transparency report for Wolfeboro Rotary Club Charities 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.