Quick charity verification for Rockjensen Foundation Inc (EIN: 201823029)
Verdict: Rockjensen Foundation Inc shows mixed signals
45/100Mission Score
$8.3MRevenue
$9.5MAssets
4Red Flags
2Strengths
Red Flags
Consistent and significant operating deficits (e.g., $536,315 deficit in 2023).
Declining asset base over time, from $14.4M in 2013 to $7.6M in 2023, indicating reliance on reserves.
Revenue consistently much lower than expenses across multiple years.
Negative revenue reported in 2011 (-$1,202,392), which is highly unusual and warrants investigation.
Strengths
Zero reported officer compensation across all filings, indicating low administrative overhead in this area.
Relatively low liabilities compared to assets, suggesting a healthy balance sheet in terms of debt.
Spending Breakdown
How Rockjensen Foundation Inc allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
10%
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 Rockjensen Foundation Inc
Is Rockjensen Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rockjensen Foundation Inc (EIN: 201823029) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Rockjensen Foundation Inc a good charity to donate to?
Rockjensen Foundation Inc has a Mission Score of 45/100. Revenue: $8.3M. Assets: $9.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rockjensen Foundation Inc?
The Employer Identification Number (EIN) for Rockjensen Foundation Inc is 201823029. 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 Rockjensen Foundation Inc spend its money?
Rockjensen Foundation Inc allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rockjensen Foundation Inc's tax-exempt status?
You can verify Rockjensen Foundation Inc's tax-exempt status using EIN 201823029 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 Rockjensen Foundation Inc. exhibits a concerning financial trend, consistently spending significantly more than it generates in revenue. In 2023, the organization reported revenues of $232,485 against expenses of $768,800, indicating a substantial deficit. This pattern is not isolated, as evidenced by similar deficits in previous years, such as 2022 (Revenue: $39,501, Expenses: $445,700) and 2021 (Revenue: $217,705, Expenses: $1,976,700). While the organization's assets remain substantial at $7,694,100 in 2023, the continuous depletion of assets to cover operational costs is unsustainable in the long term. The lack of reported officer compensation across all filings suggests a volunteer-led or minimally compensated leadership structure, which could be a positive for efficiency if program spending were higher.
The foundation's financial health appears to be deteriorating due to its persistent operating deficits. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, yet the significant gap between revenue and expenses raises questions about the source of funds covering these deficits and the long-term viability of its grantmaking activities. Without detailed breakdowns of expenses, it's difficult to fully assess spending efficiency, but the overall trend of high expenses relative to revenue is a major concern. The consistent reporting of zero officer compensation is a positive indicator of transparency regarding executive pay, but the broader financial picture warrants closer scrutiny.