Is Rosswoods Inc Legit?

Red Flags

Consistent operating deficits in recent years (e.g., 2023: $171,053 deficit; 2019: $123,381 deficit) could deplete reserves if not addressed.
Lack of NTEE code and detailed expense breakdown limits full assessment of programmatic focus and spending efficiency.
Unusual consistent reporting of 0% officer compensation for an organization of this size, potentially obscuring true leadership costs.

Spending Breakdown

How Rosswoods Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

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 Rosswoods Inc

Is Rosswoods Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Rosswoods Inc (EIN: 200314596) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Rosswoods Inc a good charity to donate to?

Rosswoods Inc has a Mission Score of 75/100. Revenue: $749K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Rosswoods Inc?

The Employer Identification Number (EIN) for Rosswoods Inc is 200314596. 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 Rosswoods Inc spend its money?

Rosswoods Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Rosswoods Inc's tax-exempt status?

You can verify Rosswoods Inc's tax-exempt status using EIN 200314596 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

Rosswoods Inc. demonstrates a consistent operational scale, with annual revenues generally fluctuating between $700,000 and $960,000 over the past decade. The organization's assets have remained robust, consistently above $2 million, indicating a stable financial foundation. However, recent filings show a trend where expenses have exceeded revenue, notably in 2023 ($915,013 expenses vs. $743,960 revenue) and 2019 ($1,063,703 expenses vs. $940,322 revenue), which could lead to a depletion of reserves if sustained. The organization's liabilities are consistently low, typically under $40,000, which is a positive indicator of financial prudence and low debt burden.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings suggests a high degree of volunteer leadership or that compensation is covered by other means not reported in this specific line item, which could be a positive for efficiency if true. The organization's transparency is good in terms of consistent annual filings, but the lack of NTEE code and detailed expense categories limits a deeper analysis of its programmatic focus and spending efficiency.

Overall, Rosswoods Inc. appears financially stable with strong assets and low liabilities, but the recent trend of operating deficits warrants closer monitoring. The absence of reported officer compensation is notable, potentially indicating efficient use of funds, but further detail on expense allocation would enhance transparency and allow for a more precise assessment of spending efficiency.

Verdict: Rosswoods Inc appears trustworthy