Quick charity verification for Rochkind Wagner Foundation (EIN: 206767596)
Verdict: Rochkind Wagner Foundation appears trustworthy
80/100Mission Score
$232KRevenue
$681KAssets
2Red Flags
4Strengths
Red Flags
Frequent operational deficits (e.g., $161,309 expenses vs. $136,306 revenue in 202312)
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
Consistent 0% officer compensation across all filings
Strong and stable asset base (e.g., $555,816 in 202312)
Very low liabilities relative to assets (e.g., $6,024 liabilities vs. $555,816 assets in 202312)
Consistent IRS 990 filing history
Spending Breakdown
How Rochkind Wagner Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Rochkind Wagner Foundation
Is Rochkind Wagner Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rochkind Wagner Foundation (EIN: 206767596) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Rochkind Wagner Foundation a good charity to donate to?
Rochkind Wagner Foundation has a Mission Score of 80/100. Revenue: $232K. Assets: $681K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rochkind Wagner Foundation?
The Employer Identification Number (EIN) for Rochkind Wagner Foundation is 206767596. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Rochkind Wagner Foundation spend its money?
Rochkind Wagner Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rochkind Wagner Foundation's tax-exempt status?
You can verify Rochkind Wagner Foundation's tax-exempt status using EIN 206767596 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Rochkind Wagner Foundation demonstrates consistent financial activity, with revenues and expenses fluctuating over the past decade. In the latest period (202312), the organization reported revenues of $136,306 against expenses of $161,309, indicating a deficit for the year. This trend of expenses exceeding revenue is observed in several periods, such as 202212 ($181,610 revenue vs. $193,036 expenses) and 202012 ($30,730 revenue vs. $90,717 expenses). Despite these operational deficits, the foundation maintains a healthy asset base, with assets of $555,816 in 202312 and a peak of $772,232 in 202112, significantly outweighing its liabilities (e.g., $6,024 in 202312). This suggests a reliance on existing endowments or prior year surpluses to cover operational shortfalls.
The organization's spending efficiency appears to be focused on its programmatic activities, given the absence of reported officer compensation across all filings, which is a positive indicator for donor confidence. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The consistent low liabilities also point to sound financial management regarding debt. The foundation's transparency is good in terms of filing its 990s consistently, but the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated.
Overall, the Rochkind Wagner Foundation appears to be a stable organization with a solid asset base, but it frequently operates with expenses exceeding revenues. Its commitment to not paying officer compensation is a strong positive for efficiency and donor trust. Further insight into the specific allocation of expenses would enhance the understanding of its operational efficiency and program impact.