Anderson Rogers Foundation Inc
Anderson Rogers Foundation: Strong Asset Growth, Low Program Spending
EIN: 223052390 · New York, NY · NTEE: C20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $9.8M |
| Total Expenses | $1.2M |
| Program Spending | 10% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $19.3M |
| Transparency Score | 60/100 |
Is Anderson Rogers Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anderson Rogers Foundation Inc directs 10% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Anderson Rogers Foundation Inc
Anderson Rogers Foundation Inc (EIN: 223052390) is a nonprofit organization based in New York, NY, classified under NTEE code C20. The organization reported total revenue of $9.8M and total assets of $40.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anderson Rogers Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anderson Rogers Foundation Inc is a mid-size nonprofit that has been operating for 36 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$3.9M |
| Total Assets | $19.3M |
| Total Liabilities | $1 |
| Net Assets | $19.3M |
| Operating Margin | 76.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 190.5 months |
Financial Health Grade: A
In 2023, Anderson Rogers Foundation Inc reported a surplus of $3.9M with revenue exceeding expenses, holds 190.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Anderson Rogers Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +406.9% | +4.1% | +7.7% |
| 2022 | -9.9% | -4.4% | -18.4% |
| 2021 | +53.0% | +29.5% | +29.4% |
| 2019 | -60.6% | +107.0% | +59.5% |
| 2015 | +34.7% | +8.3% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anderson Rogers Foundation Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 45%
- programs: 10%
- fundraising: 45%
According to IRS 990 filings, Anderson Rogers Foundation Inc allocates its expenses as follows: admin: 45%, programs: 10%, fundraising: 45%. Only 10% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with significant assets and revenue, suggesting potential indirect compensation or a volunteer-based leadership structure.
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 Anderson Rogers Foundation Inc's IRS 990 filings:
- Program expenses are consistently low relative to total expenses and assets, raising questions about direct charitable impact.
- The reported $0 executive compensation is a red flag, as it may obscure how leadership is compensated or indicate a lack of paid leadership for a foundation of this size.
- A significant portion of expenses is allocated to administrative and fundraising activities without clear detailed breakdowns.
Strengths
The following positive indicators were identified for Anderson Rogers Foundation Inc:
- Consistent growth in total assets, reaching over $40 million in 2023, indicates strong financial management and investment.
- The foundation has a long history of financial filings, demonstrating sustained operation.
- Zero reported lobbying expenses across all years suggests a focus away from political influence.
Frequently Asked Questions about Anderson Rogers Foundation Inc
Is Anderson Rogers Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Anderson Rogers Foundation Inc (EIN: 223052390) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Anderson Rogers Foundation Inc spend its money?
Anderson Rogers Foundation Inc directs 10% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Anderson Rogers Foundation Inc tax-deductible?
Anderson Rogers Foundation Inc is registered as a tax-exempt nonprofit (EIN: 223052390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Anderson Rogers Foundation Inc CEO make?
Anderson Rogers Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $9.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Anderson Rogers Foundation Inc's spending goes to programs?
Anderson Rogers Foundation Inc directs 10% to programs, 45% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Anderson Rogers Foundation Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Anderson Rogers Foundation Inc is above average for NTEE category C20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Anderson Rogers Foundation Inc located?
Anderson Rogers Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 223052390. It is classified under NTEE code C20.
How many years of IRS 990 filings does Anderson Rogers Foundation Inc have?
Anderson Rogers Foundation Inc has 9 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 $9.8M in total revenue.
What does Anderson Rogers Foundation Inc do?
Anderson Rogers Foundation Inc is a nonprofit organization in the Environment sector, located in New York, New York. It is classified under NTEE code C20.
How much revenue does Anderson Rogers Foundation Inc have?
Anderson Rogers Foundation Inc reported total revenue of $9,842,735. Based on 9 IRS 990 filings on record.
What are Anderson Rogers Foundation Inc's total assets?
Anderson Rogers Foundation Inc holds total assets of $40,201,936 as reported in IRS 990 filings.
Where is Anderson Rogers Foundation Inc located?
Anderson Rogers Foundation Inc is based in New York, New York.
What is Anderson Rogers Foundation Inc's EIN?
Anderson Rogers Foundation Inc's Employer Identification Number (EIN) is 223052390. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Anderson Rogers Foundation Inc?
Anderson Rogers Foundation Inc is classified under NTEE code C20 (Environment).
Is Anderson Rogers Foundation Inc a registered 501(c)(3)?
Yes, Anderson Rogers Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 223052390.
Does Anderson Rogers Foundation Inc file IRS Form 990?
Yes, Anderson Rogers Foundation Inc has 9 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Anderson Rogers Foundation Inc's revenue in 2023?
In the 202312 filing period, Anderson Rogers Foundation Inc reported total revenue of $5,076,535, total expenses of $1,218,036, and net assets of $19,335,180.
Is Anderson Rogers Foundation Inc's revenue growing or declining?
Anderson Rogers Foundation Inc's revenue is growing. Revenue went from $1,001,435 (202212) to $5,076,535 (202312), a +406.9% change. Based on 9 filings on record.
What is Anderson Rogers Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Anderson Rogers Foundation Inc covers tax period 202312. It shows revenue of $5,076,535, expenses of $1,218,036, total assets of $19,335,180, and liabilities of $1.
How much does Anderson Rogers Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Anderson Rogers Foundation Inc allocates approximately 10% of expenses to program services, 45% to administrative costs, and 45% to fundraising. Overhead costs appear high relative to program spending.
Is Anderson Rogers Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Anderson Rogers Foundation Inc shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Anderson Rogers Foundation Inc?
The following concerns were identified: Program expenses are consistently low relative to total expenses and assets, raising questions about direct charitable impact.. The reported $0 executive compensation is a red flag, as it may obscure how leadership is compensated or indicate a lack of paid leadership for a foundation of this size.. A significant portion of expenses is allocated to administrative and fundraising activities without clear detailed breakdowns.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Anderson Rogers Foundation Inc's strengths?
Positive indicators for Anderson Rogers Foundation Inc include: Consistent growth in total assets, reaching over $40 million in 2023, indicates strong financial management and investment.. The foundation has a long history of financial filings, demonstrating sustained operation.. Zero reported lobbying expenses across all years suggests a focus away from political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does Anderson Rogers Foundation Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with significant assets and revenue, suggesting potential indirect compensation or a volunteer-based leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for officer compensation, how does the foundation attract and retain leadership, and what are the actual costs associated with its governance?
The consistent $0 compensation suggests either a fully volunteer-led board and executive team, or that compensation is being reported under different expense categories, which would require further investigation into detailed financial statements to understand the true cost of governance.
With program expenses consistently being a small fraction of total expenses (e.g., $1,218,036 in 2023 out of $5,076,535 revenue), what specific programs are being funded, and what is their measurable impact?
The provided data does not detail specific programs. The low program spending relative to revenue and assets suggests the foundation may primarily operate as a grant-making entity with minimal direct program implementation, or it is accumulating assets for future initiatives.
Filing History
IRS 990 filing history for Anderson Rogers Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Anderson Rogers Foundation Inc's revenue has grown by 46.6%, moving from $3.5M to $5.1M. Total assets increased by 135.3% over the same period, from $8.2M to $19.3M. Total functional expenses rose by 231.5%, from $367K to $1.2M. In its most recent filing year (2023), Anderson Rogers Foundation Inc reported a surplus of $3.9M, with revenue exceeding expenses. The organization holds $1 in liabilities against $19.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $1.2M | $19.3M | $1 | — | — |
| 2022 | $1.0M | $1.2M | $18.0M | $1 | — | View 990 |
| 2021 | $1.1M | $1.2M | $22.0M | $1 | — | View 990 |
| 2019 | $726K | $945K | $17.0M | $0 | — | View 990 |
| 2015 | $1.8M | $457K | $10.7M | $3K | — | View 990 |
| 2014 | $1.4M | $421K | $10.5M | $3K | — | View 990 |
| 2013 | $771K | $430K | $10.1M | $5K | — | View 990 |
| 2012 | $519K | $445K | $8.8M | $7K | — | View 990 |
| 2011 | $3.5M | $367K | $8.2M | $2K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $1.2M, and assets of $19.3M (revenue +406.9% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.2M, and assets of $18.0M (revenue -9.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $22.0M (revenue +53.0% year-over-year).
- 2019: Revenue of $726K, expenses of $945K, and assets of $17.0M (revenue -60.6% year-over-year).
- 2015: Revenue of $1.8M, expenses of $457K, and assets of $10.7M (revenue +34.7% year-over-year).
- 2014: Revenue of $1.4M, expenses of $421K, and assets of $10.5M (revenue +77.8% year-over-year).
- 2013: Revenue of $771K, expenses of $430K, and assets of $10.1M (revenue +48.5% year-over-year).
- 2012: Revenue of $519K, expenses of $445K, and assets of $8.8M (revenue -85.0% year-over-year).
- 2011: Revenue of $3.5M, expenses of $367K, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anderson Rogers Foundation Inc:
Data Sources and Methodology
This transparency report for Anderson Rogers Foundation Inc 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.