Angelo V Rosati Charitable Tr
Angelo V Rosati Charitable Tr experiences consistent deficit spending, leading to declining assets.
EIN: 207084822 · Lincoln, RI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $26K |
| Program Spending | 80% |
| Net Assets | $133K |
| Transparency Score | 65/100 |
Is Angelo V Rosati Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Angelo V Rosati Charitable Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Angelo V Rosati Charitable Tr
Angelo V Rosati Charitable Tr (EIN: 207084822) is a nonprofit organization based in Lincoln, RI, classified under NTEE code T20. The organization reported total revenue of $91K and total assets of $134K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Angelo V Rosati Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Angelo V Rosati Charitable Tr is a micro nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $26K |
| Surplus / Deficit | $-23,483 |
| Total Assets | $133K |
| Total Liabilities | $1 |
| Net Assets | $133K |
| Operating Margin | -864.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 60.9 months |
Financial Health Grade: B
In 2023, Angelo V Rosati Charitable Tr reported a deficit of $23K with expenses exceeding revenue, holds 60.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.1% | +145.5% | -6.1% |
| 2022 | +105.4% | -8.6% | -20.8% |
| 2021 | +15.5% | -2.1% | +4.7% |
| 2020 | +274.1% | -24.5% | +6.3% |
| 2019 | -74.9% | -31.3% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Angelo V Rosati Charitable Tr with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Angelo V Rosati Charitable Tr allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that no officers or trustees are drawing salaries from the organization's funds, which is a positive sign of financial integrity for an organization of its size.
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 Angelo V Rosati Charitable Tr's IRS 990 filings:
- Consistent deficit spending (expenses often exceed revenue, e.g., $26,201 expenses vs. $2,718 revenue in 2023).
- Declining asset base over time (from $198,057 in 2011 to $132,888 in 2023).
- Significant revenue volatility, including negative revenue in one period.
Strengths
The following positive indicators were identified for Angelo V Rosati Charitable Tr:
- Zero officer compensation reported across all filings, indicating no executive salaries are paid from the trust.
- Consistently low liabilities ($1), suggesting a debt-free financial structure.
- Regular IRS 990 filings demonstrate transparency and compliance.
Frequently Asked Questions about Angelo V Rosati Charitable Tr
Is Angelo V Rosati Charitable Tr a legitimate charity?
Angelo V Rosati Charitable Tr (EIN: 207084822) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $91K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Angelo V Rosati Charitable Tr spend its money?
Angelo V Rosati Charitable Tr directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Angelo V Rosati Charitable Tr tax-deductible?
Angelo V Rosati Charitable Tr is registered as a tax-exempt nonprofit (EIN: 207084822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Angelo V Rosati Charitable Tr's spending goes to programs?
Angelo V Rosati Charitable Tr directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Angelo V Rosati Charitable Tr compare to similar nonprofits?
With a transparency score of 65/100 (Good), Angelo V Rosati Charitable Tr is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Angelo V Rosati Charitable Tr located?
Angelo V Rosati Charitable Tr is headquartered in Lincoln, Rhode Island and files with the IRS under EIN 207084822. It is classified under NTEE code T20.
How many years of IRS 990 filings does Angelo V Rosati Charitable Tr have?
Angelo V Rosati Charitable Tr has 10 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 $91K in total revenue.
Is Angelo V Rosati Charitable Tr financially sustainable?
The trust's financial sustainability is questionable given that expenses have frequently exceeded revenue, leading to a consistent decline in assets from $198,057 in 2011 to $132,888 in 2023. This trend suggests reliance on depleting its principal rather than generating sufficient income to cover expenses.
What is the primary purpose of this charitable trust?
Based on the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the primary purpose is likely grant-making or supporting other charitable organizations, rather than direct program services.
Why is revenue so volatile?
Revenue volatility, ranging from -$96,955 in 2011 to $34,263 in 2022, could be due to investment performance, irregular donations, or specific trust distribution schedules. The negative revenue in 2011 suggests significant investment losses or adjustments.
Filing History
IRS 990 filing history for Angelo V Rosati Charitable Tr showing financial trends over 10 years of public records:
Total assets decreased by 32.9% over the same period, from $198K to $133K. Total functional expenses fell by 18%, from $32K to $26K. In its most recent filing year (2023), Angelo V Rosati Charitable Tr reported a deficit of $23K, with expenses exceeding revenue. The organization holds $1 in liabilities against $133K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $26K | $133K | $1 | — | — |
| 2022 | $34K | $11K | $142K | $1 | — | View 990 |
| 2021 | $17K | $12K | $179K | $1 | — | — |
| 2020 | $14K | $12K | $171K | $1 | — | View 990 |
| 2019 | $4K | $16K | $161K | $1 | — | View 990 |
| 2015 | $15K | $23K | $166K | $1 | — | View 990 |
| 2014 | $9K | $17K | $189K | $1 | — | View 990 |
| 2013 | $6K | $20K | $198K | $1 | — | View 990 |
| 2012 | $4K | $33K | $185K | $1 | — | View 990 |
| 2011 | $-96,955 | $32K | $198K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $26K, and assets of $133K (revenue -92.1% year-over-year).
- 2022: Revenue of $34K, expenses of $11K, and assets of $142K (revenue +105.4% year-over-year).
- 2021: Revenue of $17K, expenses of $12K, and assets of $179K (revenue +15.5% year-over-year).
- 2020: Revenue of $14K, expenses of $12K, and assets of $171K (revenue +274.1% year-over-year).
- 2019: Revenue of $4K, expenses of $16K, and assets of $161K (revenue -74.9% year-over-year).
- 2015: Revenue of $15K, expenses of $23K, and assets of $166K (revenue +63.1% year-over-year).
- 2014: Revenue of $9K, expenses of $17K, and assets of $189K (revenue +67.6% year-over-year).
- 2013: Revenue of $6K, expenses of $20K, and assets of $198K (revenue +42.2% year-over-year).
- 2012: Revenue of $4K, expenses of $33K, and assets of $185K.
- 2011: Revenue of $-96,955, expenses of $32K, and assets of $198K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Angelo V Rosati Charitable Tr:
Data Sources and Methodology
This transparency report for Angelo V Rosati Charitable Tr 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.