72102 H & B Rosenblum Trust Tsr Mem Fd

H & B Rosenblum Trust Tsr Mem Fd consistently spends more than it earns, drawing down assets.

EIN: 166184534 · Providence, RI · Updated: 2026-03-28

$128Revenue
$3KAssets
45/100Mission Score (Fair)
72102 H & B Rosenblum Trust Tsr Mem Fd Financial Summary
MetricValue
Total Revenue$128
Total Expenses$227
Program Spending70%
Net Assets$3K
Transparency Score45/100

Is 72102 H & B Rosenblum Trust Tsr Mem Fd Legit?

Significant Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

72102 H & B Rosenblum Trust Tsr Mem Fd directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About 72102 H & B Rosenblum Trust Tsr Mem Fd

72102 H & B Rosenblum Trust Tsr Mem Fd (EIN: 166184534) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $128 and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 72102 H & B Rosenblum Trust Tsr Mem Fd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

37Years Operating
MicroSize Classification
6Years of Filings
MixedRevenue Trajectory

72102 H & B Rosenblum Trust Tsr Mem Fd is a micro nonprofit that has been operating for 37 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -10.5%.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

Total Revenue$99
Total Expenses$227
Surplus / Deficit$-128
Total Assets$3K
Total Liabilities$1
Net Assets$3K
Operating Margin-129.3%
Debt-to-Asset Ratio0.0%
Months of Reserves164.9 months

Financial Health Grade: B

In 2019, 72102 H & B Rosenblum Trust Tsr Mem Fd reported a deficit of $128 with expenses exceeding revenue, holds 164.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 6 years of filings (2011–2019), 72102 H & B Rosenblum Trust Tsr Mem Fd's revenue has declined at a compound annual growth rate (CAGR) of -10.5%.

YearRevenue ChangeExpense ChangeAsset Change
2019+6.5%-0.4%-22.7%
2015-54.2%+0.4%-3.1%
2014+9.7%+0.0%-0.5%
2013-44.8%+0.0%-1.0%
2012+39.6%+41.9%+2.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1989

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The H & B Rosenblum Trust Tsr Mem Fd appears to be a very small trust with minimal financial activity. Its revenue has consistently been low, ranging from $93 to $335 over the past six filings, while expenses have generally hovered around $227 annually, sometimes exceeding revenue. This consistent deficit spending, where expenses frequently outpace revenue, suggests that the organization is drawing down its assets to cover operational costs. For example, in 2019, revenue was $99 while expenses were $227, leading to a net loss. The organization's assets have also shown a declining trend, from $4,127 in 2011 to $3,119 in 2019, further indicating a reliance on existing capital rather than sustainable income generation. Given its small scale and consistent financial patterns, it's crucial to understand the specific purpose of this trust and how its limited funds are being utilized to assess its overall effectiveness and financial health.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates 72102 H & B Rosenblum Trust Tsr Mem Fd with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, 72102 H & B Rosenblum Trust Tsr Mem Fd allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

$99Total Revenue
$227Total Expenses
$3KTotal Assets
$1Total Liabilities
$3KNet Assets
  • The organization reported a deficit of $128, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Officer compensation has consistently been reported as 0% across all available filings, indicating that no executive salaries are paid, which is common for very small trusts or volunteer-run organizations.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of 72102 H & B Rosenblum Trust Tsr Mem Fd's IRS 990 filings:

  • Consistent operating deficits, with expenses frequently exceeding revenue (e.g., $99 revenue vs. $227 expenses in 2019).
  • Declining asset base over time, from $4,127 in 2011 to $3,119 in 2019, suggesting unsustainable spending.
  • Unknown NTEE code and lack of detailed program information, hindering assessment of mission impact.

Strengths

The following positive indicators were identified for 72102 H & B Rosenblum Trust Tsr Mem Fd:

  • No officer compensation reported, indicating efficient use of funds in terms of executive salaries.
  • Low liabilities, consistently reported as $0 or $1, suggesting minimal debt.

Frequently Asked Questions about 72102 H & B Rosenblum Trust Tsr Mem Fd

Is 72102 H & B Rosenblum Trust Tsr Mem Fd a legitimate charity?

72102 H & B Rosenblum Trust Tsr Mem Fd (EIN: 166184534) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 45/100. It has 6 years of IRS 990 filings on record. Total revenue: $128. 3 red flags identified. 2 strengths noted. Financial health grade: B.

How does 72102 H & B Rosenblum Trust Tsr Mem Fd spend its money?

72102 H & B Rosenblum Trust Tsr Mem Fd directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to 72102 H & B Rosenblum Trust Tsr Mem Fd tax-deductible?

72102 H & B Rosenblum Trust Tsr Mem Fd is registered as a tax-exempt nonprofit (EIN: 166184534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of 72102 H & B Rosenblum Trust Tsr Mem Fd's spending goes to programs?

72102 H & B Rosenblum Trust Tsr Mem Fd directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is 72102 H & B Rosenblum Trust Tsr Mem Fd located?

72102 H & B Rosenblum Trust Tsr Mem Fd is headquartered in Providence, Rhode Island and files with the IRS under EIN 166184534.

How many years of IRS 990 filings does 72102 H & B Rosenblum Trust Tsr Mem Fd have?

72102 H & B Rosenblum Trust Tsr Mem Fd has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $128 in total revenue.

What is the specific mission or program activity of the H & B Rosenblum Trust Tsr Mem Fd?

The NTEE code is unknown, and the filings do not provide details on specific program activities, making it difficult to assess the impact of its spending.

How does the organization cover its consistent operating deficits?

The organization appears to cover its deficits by drawing down its assets, as evidenced by the decline from $4,127 in 2011 to $3,119 in 2019, while expenses frequently exceed revenue.

Filing History

IRS 990 filing history for 72102 H & B Rosenblum Trust Tsr Mem Fd showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2011–2019), 72102 H & B Rosenblum Trust Tsr Mem Fd's revenue has declined by 58.8%, moving from $240 to $99. Total assets decreased by 24.4% over the same period, from $4K to $3K. Total functional expenses rose by 41.9%, from $160 to $227. In its most recent filing year (2019), 72102 H & B Rosenblum Trust Tsr Mem Fd reported a deficit of $128, with expenses exceeding revenue. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2019 $99 $227 $3K $1 View 990
2015 $93 $228 $4K $1 View 990
2014 $203 $227 $4K $1 View 990
2013 $185 $227 $4K $0 View 990
2012 $335 $227 $4K $0 View 990
2011 $240 $160 $4K $0 View 990

Year-by-Year Financial Summary

  • 2019: Revenue of $99, expenses of $227, and assets of $3K (revenue +6.5% year-over-year).
  • 2015: Revenue of $93, expenses of $228, and assets of $4K (revenue -54.2% year-over-year).
  • 2014: Revenue of $203, expenses of $227, and assets of $4K (revenue +9.7% year-over-year).
  • 2013: Revenue of $185, expenses of $227, and assets of $4K (revenue -44.8% year-over-year).
  • 2012: Revenue of $335, expenses of $227, and assets of $4K (revenue +39.6% year-over-year).
  • 2011: Revenue of $240, expenses of $160, and assets of $4K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for 72102 H & B Rosenblum Trust Tsr Mem Fd:

2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for 72102 H & B Rosenblum Trust Tsr Mem Fd is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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