HANFORD COMMUNITY FOUNDATION
Mission Statement
Fundraising foundation for Hanford Rotary Club and supports other local Rotary Clubs. Rotary International is an organization of business and professional leaders united worldwide who provide humanitarian service, encourage high ethical standards in all vocations, and help build goodwill and peace in the world. In more than 170 countries worldwide, approximately 1.2 million Rotarians belong to more than 34,000 Rotary clubs. Rotary club membership meets weekly and represents a cross-section of the community’s business and professional men and women. We are nonpolitical, nonreligious, and open to all cultures, races, and creeds. The main objective of Rotary is service in the community, in the workplace, and throughout the world. Rotarians develop community service projects that address many of today’s most critical issues, such as children at risk, poverty and hunger, the environment, illiteracy, and violence. We also support programs for youth, educational opportunities and international exchanges for students, teachers, and other professionals, and vocational and career development. Rotarians work in Five Avenues of Service: * Community Service * International Service * Club Service * Vocational Service * Youth Service
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.3% | 90.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.2% | 7.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.5% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
11.5% | 7.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
57.3 mo | 95.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
24.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
67.9% | 90.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
10.7% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-41.3% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-16.2% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $89K | $104K | $494K | 95.3% | 0 |
| 2023 | $80K | $176K | $509K | 95.6% | 0 |
| 2022 | $185K | $109K | $605K | 93.4% | 0 |
| 2021 | $263K | $132K | N/A | — | 0 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.