ROTARY INTERNATIONAL ROTARY CLUB O… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

CHARLIE ROWE

Phone

3363912903

Tax Period

2023-07-01 to 2024-06-30

ROTARY INTERNATIONAL ROTARY CLUB OF CLEMMONS NC, founded in 1993, is a small nonprofit that reported $120K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

ROTARY IS AN ORGANIZATION OF BUSINESS AND PROFESSIONAL LEADERS WHO PROMOTE HUMANITARIAN SERVICES, ENCOURAGE HIGH ETHICAL STANDARDS, BUILD GOODWILL AND PROMOTE SERVICE ABOVE SELF.

Program Service Accomplishments

Program 1

Expenses: $107,393

THE ORGANIZATION SERVES APPROXIMATELY 60 MEMBERS AND MEETS WEEKLY. THE ORGANIZATION COLLECTS DUES TO COVER MEETING EXPENSES AND TO REMIT PAYMENTS TO DISTRICT AND NATIONAL ROTARY ORGANIZATIONS. EXCESS FUNDS ARE INVESTED IN TEMPORARY CD'S UNTIL FUNDS ARE NEEDED TO ACCOMPLISH PROGRAM OBJECTIVES.

Program 2

Expenses: $15,000

THE ORGANIZATION'S MEMBERS PARTICIPATE IN COMMUNITY PROJECTS, INCLUDING THE FOLLOWING FOR THE CURRENT TAX YEAR: WE WORK WITH G.I.D.E (GUIDING INSTITUTE FOR DEVELOPMENT EDUCATION)TO PROVIDE SCHOOL...

THE ORGANIZATION'S MEMBERS PARTICIPATE IN COMMUNITY PROJECTS, INCLUDING THE FOLLOWING FOR THE CURRENT TAX YEAR: WE WORK WITH G.I.D.E (GUIDING INSTITUTE FOR DEVELOPMENT EDUCATION)TO PROVIDE SCHOOL SUPPILES TO 50+ CHILDREN, TO SERVE 350 UNDERPRIVILEDGED CHILDREN THROUGH THE HAND IN HAND CHRISTMAS PROGRAM AND TO SEND 40+ CHILDREN TO CAMP HANES FOR ONE WEEK OF RESIDENCE CAMP. SCHOLARSHIPS WERE PROVIDED TO HIGH SCHOOL STUDENTS. WE WORK THROUGH SISTER 2 SISTER INTERNATIONAL TO TO FEED CHILDREN AND ASSIST WITH BUILDING AN ORPHANAGE IN KENYA. WE ALSO ASSIST OTHR LOCAL CHARITIES, SUCH AS BOY SCOUTS OF AMERICA, THE YMCA OF NWNC, CANCER SERVICES, CLEMMONS FOOD PANTRY AND THE MENTAL HEALTH ASSOCIATION.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $63,780

Program Service Revenue $0

Investment Income $699

Other Revenue $55,398

TOTAL REVENUE $119,877

Expense Breakdown

Grants Paid $53,709

Salaries & Benefits $16,199

Fundraising Expenses $0

Program Expenses $122,393

Other Expenses $52,485

TOTAL EXPENSES $122,393

Year-over-Year Comparison

	2023	2022	Change
Revenue	$119,877	$95,683	+0.3%
Expenses	$122,393	$110,153	+0.1%
Net Income	$-2,516	$-14,470	-0.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$15,000

Total Directors