Milford Rotary Club Foundation

EIN: 020512441 501(c)(3) Philanthropy & Grantmaking

Milford, NH

Total Revenue
$299,896
Total Expenses
$267,578
Total Assets
$1,005,511
Net Assets
$1,005,511
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NH
Principal Officer
Paul Speiss
Phone
6037691526
Tax Period
2023-01-01 to 2023-12-31

Milford Rotary Club Foundation, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $300K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $268K left a modest 11% surplus.

Mission

The MRCF was established exclusively for charitable, educational and scientific purposes. The fund will receive, maintain, invest and designate funds available for distribution to advance the causes of education and community well-being by distributing funds to educational and civic institutions, organizations, associations, groups and to individuals who are matriculated in a post-secondary educational program, including vocational institutions.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $172,228
Program Service Revenue $0
Investment Income $21,498
Other Revenue $106,170
TOTAL REVENUE $299,896

Expense Breakdown

Grants Paid $160,982
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $254,302
Other Expenses $106,596
TOTAL EXPENSES $267,578

Year-over-Year Comparison

2023 2022 Change
Revenue $299,896 $269,972 +0.1%
Expenses $267,578 $159,652 +0.7%
Net Income $32,318 $110,320 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Hammer Chairperson 4.00
Officer Director
$0 $0 $0
Alec Buchanan Secretary 1.00
Officer Director
$0 $0 $0
Cynthia Dokmo Trustee 1.00
Director
$0 $0 $0
Judy Dunbar Trustee 1.00
Director
$0 $0 $0
Paul Spiess Trustee 1.00
Director
$0 $0 $0
Bob Moulton Treasurer 4.00
Officer Director
$0 $0 $0
Doug Rupert Trustee 1.00
Director
$0 $0 $0
Janet Spalding Trustee 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $299,896 $267,578 $1,005,511 $32,318
2022 $269,972 $159,652 $887,329 $110,320
2021 $279,443 $156,921 $938,075 $122,522
2020 $219,164 $146,612 $780,725 $72,552
2019 $231,846 $192,670 $657,969 $39,176
2018 $247,877 $192,071 $565,956 $55,806
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