Barbara Roastingear And Henry Oliver Iii Family Foundation
Barbara Roastingear And Henry Oliver Iii Family Foundation maintains strong asset growth and zero officer compensation amidst volatile revenue.
EIN: 201518829 · Scottsdale, AZ · NTEE: T12 · Updated: 2026-03-28
Is Barbara Roastingear And Henry Oliver Iii Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Barbara Roastingear And Henry Oliver Iii Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Barbara Roastingear And Henry Oliver Iii Family Foundation
Barbara Roastingear And Henry Oliver Iii Family Foundation (EIN: 201518829) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code T12. The organization reported total revenue of $7.1M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barbara Roastingear And Henry Oliver Iii Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barbara Roastingear And Henry Oliver Iii Family Foundation is a mid-size nonprofit that has been operating for 20 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 | $172K |
| Total Expenses | $442K |
| Surplus / Deficit | $-269,182 |
| Total Assets | $6.1M |
| Total Liabilities | $1 |
| Net Assets | $6.1M |
| Operating Margin | -156.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 166.9 months |
Financial Health Grade: B
In 2023, Barbara Roastingear And Henry Oliver Iii Family Foundation reported a deficit of $269K with expenses exceeding revenue, holds 166.9 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 | -1.6% | +54.6% | +12.4% |
| 2022 | -96.3% | +251.2% | -19.9% |
| 2021 | +5012.5% | -16.3% | +231.7% |
| 2020 | +56.3% | -16.1% | +9.2% |
| 2019 | +42.8% | +58.0% | +49.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Barbara Roastingear And Henry Oliver Iii Family Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Barbara Roastingear And Henry Oliver Iii Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $269K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive sign for resource allocation.
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 Barbara Roastingear And Henry Oliver Iii Family Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
Strengths
The following positive indicators were identified for Barbara Roastingear And Henry Oliver Iii Family Foundation:
- Zero reported officer compensation across all filings, indicating high efficiency.
- Consistent growth in assets from $276,416 in 2011 to $6,141,690 in 2023.
- Extremely low liabilities ($1 across most recent filings), indicating strong financial health.
- High estimated program spending ratio (95%), suggesting a strong focus on mission.
Frequently Asked Questions about Barbara Roastingear And Henry Oliver Iii Family Foundation
Is Barbara Roastingear And Henry Oliver Iii Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Barbara Roastingear And Henry Oliver Iii Family Foundation (EIN: 201518829) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Barbara Roastingear And Henry Oliver Iii Family Foundation spend its money?
Barbara Roastingear And Henry Oliver Iii Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Barbara Roastingear And Henry Oliver Iii Family Foundation tax-deductible?
Barbara Roastingear And Henry Oliver Iii Family Foundation is registered as a tax-exempt nonprofit (EIN: 201518829). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the foundation manage its significant revenue fluctuations?
The foundation's revenue has been highly variable, with a peak of $4,770,544 in 2021 and significantly lower amounts in other years. Despite this, its assets have consistently grown, suggesting effective investment strategies or endowment management to smooth out operational funding.
What are the specific programmatic activities funded by the foundation?
The provided data indicates a high percentage of spending on programs (estimated 95%), but the NTEE code T12 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests it primarily operates as a grantmaking entity rather than directly running programs. Further detail on specific grantees or initiatives would require reviewing the full 990 forms.
Why is officer compensation consistently reported as zero?
The consistent reporting of 0% officer compensation across all filings suggests that the foundation's officers may be volunteers, or their compensation is covered by an affiliated entity, or it is categorized differently within the 990 form. This practice generally indicates a high level of efficiency in directing funds to mission.
Filing History
IRS 990 filing history for Barbara Roastingear And Henry Oliver Iii Family Foundation showing financial trends over 10 years of public records:
Total assets increased by 2121.9% over the same period, from $276K to $6.1M. Total functional expenses rose by 803.2%, from $49K to $442K. In its most recent filing year (2023), Barbara Roastingear And Henry Oliver Iii Family Foundation reported a deficit of $269K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $442K | $6.1M | $1 | — | — |
| 2022 | $175K | $286K | $5.5M | $1 | — | View 990 |
| 2021 | $4.8M | $81K | $6.8M | $1 | — | View 990 |
| 2020 | $93K | $97K | $2.1M | $1 | — | View 990 |
| 2019 | $60K | $116K | $1.9M | $1 | — | — |
| 2015 | $42K | $73K | $1.3M | $1 | — | View 990 |
| 2014 | $814K | $57K | $1.3M | $1 | — | View 990 |
| 2013 | $217K | $26K | $613K | $1 | — | View 990 |
| 2012 | $107K | $25K | $380K | $0 | — | View 990 |
| 2011 | $-1,645 | $49K | $276K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $442K, and assets of $6.1M (revenue -1.6% year-over-year).
- 2022: Revenue of $175K, expenses of $286K, and assets of $5.5M (revenue -96.3% year-over-year).
- 2021: Revenue of $4.8M, expenses of $81K, and assets of $6.8M (revenue +5012.5% year-over-year).
- 2020: Revenue of $93K, expenses of $97K, and assets of $2.1M (revenue +56.3% year-over-year).
- 2019: Revenue of $60K, expenses of $116K, and assets of $1.9M (revenue +42.8% year-over-year).
- 2015: Revenue of $42K, expenses of $73K, and assets of $1.3M (revenue -94.9% year-over-year).
- 2014: Revenue of $814K, expenses of $57K, and assets of $1.3M (revenue +275.7% year-over-year).
- 2013: Revenue of $217K, expenses of $26K, and assets of $613K (revenue +102.0% year-over-year).
- 2012: Revenue of $107K, expenses of $25K, and assets of $380K.
- 2011: Revenue of $-1,645, expenses of $49K, and assets of $276K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barbara Roastingear And Henry Oliver Iii Family Foundation:
Data Sources and Methodology
This transparency report for Barbara Roastingear And Henry Oliver Iii Family Foundation 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.