ROTARY DISTRICT 5970 INC

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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

1910

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

ROTARY DISTRICT 5970 INC, founded in 1910, is a small nonprofit that reported $193K in total revenue in fiscal year 2022. Expenses of $175K left a modest 10% surplus.

Mission

SERVICE AND SUPPORT FOR ROTARY DISTRICT 5970

Program Service Accomplishments

Program 1

Expenses: $63,201

MATCHING GRANTS NOT TO EXCEED $5,000 TO LOCAL CLUBS IN THE DISTRICT THAT SUBMIT APPROVED DOCUMENTATION THAT THE PROJECT THEY ARE UNDERTAKING IS WITHIN THE GUIDELINES OF THE MISSION OF ROTARY.

Program 2

Expenses: $54,847

DISTRICT LEADERSHIP AND ROTARY MEMBERS ATTEND TRAINING AND CONFRENCES TO HELP THEM BETTER SERVE THE DISTRICT AND CARRY OUT THE MISSION OF ROTARY INTERNATIONAL.

Program 3

Expenses: $39,153

ALL OTHER PROGRAM SERVICES

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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 $69,723

Program Service Revenue $121,859

Investment Income $1,799

Other Revenue $0

TOTAL REVENUE $193,381

Expense Breakdown

Grants Paid $63,201

Salaries & Benefits $21,444

Fundraising Expenses $0

Program Expenses $165,721

Other Expenses $90,274

TOTAL EXPENSES $174,919

Year-over-Year Comparison

	2022	2021	Change
Revenue	$193,381	$186,034	+0.0%
Expenses	$174,919	$141,870	+0.2%
Net Income	$18,462	$44,164	-0.6%

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

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

$19,707

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
SUELLEN KOLBET	DISTRICT EXECUTIVE SECRETARY	Officer	$19,707	$0	$19,707
SHANNON DUNCAN	DISTRICT GOVERNOR NOMINEE	Officer Director	$0	$0	$0
JOHN WASTA	FOUNDATION CHAIR	Officer Director	$0	$0	$0
CAROLE BERNHARD	DISTRICT GOVERNOR ELECT	Officer Director	$0	$0	$0
WARD BUDWEG	DISTRICT GOV NOMINEE DESIGNAT	Officer Director	$0	$0	$0
DON MEYER	DISTRICT GOVERNOR	Officer Director	$0	$0	$0
JEFF HASSMAN	PAST DISTRICT GOVERNOR	Officer Director	$0	$0	$0
ERIC LEVENHAGEN	DISTRICT TREASURER	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
2023	$193,381	$174,919	$321,506	$18,462
2022	$186,034	$141,870	$300,706	$44,164
2021	$100,714	$111,097	$252,434	$-10,383
2020	$335,328	$254,524	$264,195	$80,804
2019	$169,609	$160,016	$181,835	$9,593
2018	$265,783	$244,770	$323,387	$21,013