ROTARY CLUB OF RANDOLPH-ASHEBORO

EIN: 581545074

Asheboro, NC

Total Revenue
$26,714
Total Expenses
$31,018
Total Assets
$23,377
Net Assets
$13,604
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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
1972
Legal Domicile
NC
Principal Officer
CRANFORD KNOTT
Phone
3366299146
Tax Period
2020-07-01 to 2021-06-30

ROTARY CLUB OF RANDOLPH-ASHEBORO, founded in 1972, is a micro nonprofit that reported $27K in total revenue in fiscal year 2020. Expenses of $31K exceeded revenue, resulting in a 16% operating deficit.

Mission

ROTARY ENCOURAGES FELLOWSHIP AMONG MEMBERS AND PROMOTES PROFESSIONAL BUSINESS DEVELOPMENT AND SUPPORT OF LOCAL CHARITIES

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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 (2020)

Revenue Breakdown

Contributions & Grants $23,073
Program Service Revenue $0
Investment Income $0
Other Revenue $3,641
TOTAL REVENUE $26,714

Expense Breakdown

Grants Paid $8,543
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,144
Other Expenses $12,806
TOTAL EXPENSES $31,018

Year-over-Year Comparison

2020 2019 Change
Revenue $26,714 N/A N/A
Expenses $31,018 N/A N/A
Net Income $-4,304 N/A N/A
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
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM KELLER President 2.000
Officer
$0 $0 $0
DAVID MILLIKAN President Elect 2.000
Officer
$0 $0 $0
CRANFORD KNOTT Executive Treasurer 3.000
Officer
$0 $0 $0
LISA HUFFMAN Executive Secretary 1.000
Officer
$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
2021 $26,714 $31,018 $23,377 $-4,304
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