ROTARY CLUB OF DES MOINES FOUNDATION

EIN: 421194017 501(c)(3) International Affairs

DES MOINES, IA

Total Revenue
$177,086
Total Expenses
$179,983
Total Assets
$2,781,126
Net Assets
$2,757,092
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
IA
Principal Officer
KITTE MOREHOUSE
Phone
5152446028
Tax Period
2024-07-01 to 2025-06-30

ROTARY CLUB OF DES MOINES FOUNDATION, founded in 1982, is a small nonprofit in the International Affairs sector that reported $177K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $2.8M represent 187 months of operating reserves.

Mission

The Rotary Club of Des Moines Foundation is founded on our commitment to the Rotary value of Service Above Self. The Foundation advances the collective charitable and educational goals of the club with the community we share.

Program Service Accomplishments

Program 1
Expenses: $52,950

PROJECT GRANTS TO NON-PROFIT ORGANIZATIONS DESIGNATED FOR INVESTING IN THE COMMUNITY AND PROVIDING OPPORTUNITIES FOR GROWTH AND BETTERMENT.

Program 2
Expenses: $44,968

PROVIDE COLLEGE SCHOLARSHIPS TO GRADUATES OF DES MOINES AREA HIGH SCHOOLS.

Program 3
Expenses: $17,325

FUNDING FOR ROTARY INTERNATIONAL FOUNDATION WHICH SPONSORS INTERNATIONAL PROGRAMS INCLUDING PAUL HARRIS SOCIETY, A PROGRAM FOR DISEASE PREVENTION & TREATMENT, PROVIDING WATER, SANITATION AND ECONOMIC...

Read more

FUNDING FOR ROTARY INTERNATIONAL FOUNDATION WHICH SPONSORS INTERNATIONAL PROGRAMS INCLUDING PAUL HARRIS SOCIETY, A PROGRAM FOR DISEASE PREVENTION & TREATMENT, PROVIDING WATER, SANITATION AND ECONOMIC & COMMUNITY DEVELOPMENT IN POVERTY STRICKEN AREAS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $96,279
Program Service Revenue $0
Investment Income $80,807
Other Revenue $0
TOTAL REVENUE $177,086

Expense Breakdown

Grants Paid $126,875
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $136,706
Other Expenses $53,108
TOTAL EXPENSES $179,983

Year-over-Year Comparison

2024 2023 Change
Revenue $177,086 $193,128 -0.1%
Expenses $179,983 $163,728 +0.1%
Net Income $-2,897 $29,400 -1.1%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
15

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
$97,696
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KITTE MOREHOUSE Executive Dir. 4.00
Officer
$0 $0 $97,696
KATIE COWNIE Director 1.00
Director
$0 $0 $0
MATT BUSICK President 1.00
Director
$0 $0 $0
TIM LILLWILTZ Director 1.00
Director
$0 $0 $0
DOUG SALTSGAVER Director 1.00
Officer Director
$0 $0 $0
JOSH BRABY Treasurer 1.00
Officer Director
$0 $0 $0
BECKY GREENWALD Director 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
2025 $177,086 $179,983 $2,781,126 $-2,897
2024 $193,128 $163,728 $2,531,314 $29,400
2023 $152,857 $161,070 $2,367,111 $-8,213
2022 $178,971 $163,402 $2,243,576 $15,569
2021 $326,926 $157,396 $2,645,541 $169,530
2020 $183,294 $153,770 $2,135,330 $29,524
2019 $276,850 $153,925 $2,100,538 $122,925
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ROTARY CLUB OF DES MOINES FOUNDATION with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.