FOUNDATION OF THE ROTARY CLUB OF M… - 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

1978

Legal Domicile

Principal Officer

ELIZABETH BASKA

Phone

2062360905

Tax Period

2022-07-01 to 2023-06-30

FOUNDATION OF THE ROTARY CLUB OF MERCER ISLAND, founded in 1978, is a micro nonprofit in the Human Services sector that reported $38K in total revenue in fiscal year 2022. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $78K exceeded revenue, resulting in a 107% operating deficit.

Mission

RAISE AND SOLICIT FUNDS FOR DISTRIBUTION TO 501C3 CHARITABLE ORGANIZATIONS

Program Service Accomplishments

Program 1

RAISE AND SOLICIT FUNDS FOR DISTRIBUTION TO 501C3 CHARITABLE ORGANIZATIONS

Program 2

ROTARY INERNATIONAL PAUL HARRIS FUND RESTRICTED

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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 (2022)

Revenue Breakdown

Contributions & Grants $25,321

Program Service Revenue $0

Investment Income $807

Other Revenue $11,777

TOTAL REVENUE $37,905

Expense Breakdown

Grants Paid $42,245

Salaries & Benefits $0

Fundraising Expenses $27,000

Program Expenses $48,565

Other Expenses $9,126

TOTAL EXPENSES $78,371

Year-over-Year Comparison

	2022	2021	Change
Revenue	$37,905	$28,665	+0.3%
Expenses	$78,371	$75,427	+0.0%
Net Income	$-40,466	$-46,762	-0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH BASKA	PRESIDENT	15.00	Officer Director	$0	$0	$0
WALLEY BOOS	DIRECTOR	2.00	Director	$0	$0	$0
NOVELETT COTTER	DIRECTOR	2.00	Director	$0	$0	$0
DEBBI GILLOTTI	DIRECTOR	2.00	Director	$0	$0	$0
STUART SCARFF	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVID THOMPSON	TREASURER	4.00	Officer 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
2023	$37,905	$78,371	$167,441	$-40,466
2022	$28,665	$75,427	$198,454	$-46,762
2021	$71,368	$82,139	$233,898	$-10,771
2020	$198,287	$245,825	$230,781	$-47,538

FOUNDATION OF THE ROTARY CLUB OF MERCER ISLAND