Bruce G And Mary A Robert Family Foundation Inc
Bruce G And Mary A Robert Family Foundation Inc. maintains strong assets with zero officer compensation amidst fluctuating annual revenues and expenses.
EIN: 202450537 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $59K |
| Program Spending | 90% |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Bruce G And Mary A Robert Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bruce G And Mary A Robert Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bruce G And Mary A Robert Family Foundation Inc
Bruce G And Mary A Robert Family Foundation Inc (EIN: 202450537) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $12K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bruce G And Mary A Robert Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bruce G And Mary A Robert Family Foundation Inc is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -18.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $59K |
| Surplus / Deficit | $-47,731 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -439.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 231.2 months |
Financial Health Grade: B
In 2023, Bruce G And Mary A Robert Family Foundation Inc reported a deficit of $48K with expenses exceeding revenue, holds 231.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bruce G And Mary A Robert Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +114.8% | -85.3% | -4.1% |
| 2022 | -98.5% | +800.2% | -25.0% |
| 2021 | -0.9% | -52.7% | +23.3% |
| 2020 | -27.5% | -61.9% | +23.8% |
| 2019 | +109.3% | +115.3% | +87.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Bruce G And Mary A Robert Family Foundation Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Bruce G And Mary A Robert Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a foundation 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 Bruce G And Mary A Robert Family Foundation Inc's IRS 990 filings:
- Significant annual fluctuations in revenue and expenses, making consistent financial performance difficult to track without deeper analysis of investment returns and grant cycles.
- Lack of detailed expense breakdown in summary data makes it hard to precisely determine program vs. administrative spending ratios without full 990 access.
Strengths
The following positive indicators were identified for Bruce G And Mary A Robert Family Foundation Inc:
- Consistently reports 0% officer compensation, indicating high efficiency in executive management.
- Maintains a strong and growing asset base, from $320,245 in 2011 to $1,129,160 in 2023, providing financial stability.
- Very low liabilities ($1 across all periods) suggests excellent financial health and minimal debt.
- As a family foundation, it likely has a clear mission and direct oversight of its philanthropic activities.
Frequently Asked Questions about Bruce G And Mary A Robert Family Foundation Inc
Is Bruce G And Mary A Robert Family Foundation Inc a legitimate charity?
Bruce G And Mary A Robert Family Foundation Inc (EIN: 202450537) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $12K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Bruce G And Mary A Robert Family Foundation Inc spend its money?
Bruce G And Mary A Robert Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Bruce G And Mary A Robert Family Foundation Inc tax-deductible?
Bruce G And Mary A Robert Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202450537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bruce G And Mary A Robert Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bruce G And Mary A Robert Family Foundation Inc 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 Bruce G And Mary A Robert Family Foundation Inc located?
Bruce G And Mary A Robert Family Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 202450537. It is classified under NTEE code T20.
How many years of IRS 990 filings does Bruce G And Mary A Robert Family Foundation Inc have?
Bruce G And Mary A Robert Family Foundation Inc 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 $12K in total revenue.
What is the primary purpose of the Bruce G And Mary A Robert Family Foundation Inc.?
Based on the NTEE code T20 (Foundations, Philanthropy, and Grantmaking), the foundation's primary purpose is likely grantmaking and philanthropic activities, rather than direct program operation.
How does the foundation manage its expenses in years with low revenue, such as 2022?
In 2022, the foundation reported $5,057 in revenue against $397,350 in expenses. This significant deficit was likely covered by drawing from its substantial asset base, which stood at $1,176,891 that year, or from prior year surpluses.
What is the trend in the foundation's asset growth?
The foundation's assets have shown significant growth over the past decade, increasing from $320,245 in 2011 to $1,129,160 in 2023, indicating successful investment management or substantial contributions.
Does the foundation engage in fundraising activities?
Given its nature as a family foundation and the absence of specific fundraising expenses in typical filings, it is unlikely to engage in public fundraising, relying instead on initial endowments and investment returns.
How transparent is the foundation regarding its grant recipients?
While the 990 filings provide overall financial data, they do not detail specific grant recipients. For a full understanding of its impact, one would need to review Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals) if available, or other public disclosures by the foundation.
Filing History
IRS 990 filing history for Bruce G And Mary A Robert Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bruce G And Mary A Robert Family Foundation Inc's revenue has declined by 91.7%, moving from $130K to $11K. Total assets increased by 252.6% over the same period, from $320K to $1.1M. Total functional expenses fell by 28.4%, from $82K to $59K. In its most recent filing year (2023), Bruce G And Mary A Robert Family Foundation Inc reported a deficit of $48K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $59K | $1.1M | $1 | — | — |
| 2022 | $5K | $397K | $1.2M | $1 | — | — |
| 2021 | $335K | $44K | $1.6M | $1 | — | — |
| 2020 | $338K | $93K | $1.3M | $1 | — | View 990 |
| 2019 | $467K | $245K | $1.0M | $1 | — | View 990 |
| 2015 | $223K | $114K | $549K | $1 | — | View 990 |
| 2014 | $163K | $186K | $440K | $1 | — | View 990 |
| 2013 | $94K | $128K | $463K | $1 | — | View 990 |
| 2012 | $263K | $86K | $497K | $1 | — | View 990 |
| 2011 | $130K | $82K | $320K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $59K, and assets of $1.1M (revenue +114.8% year-over-year).
- 2022: Revenue of $5K, expenses of $397K, and assets of $1.2M (revenue -98.5% year-over-year).
- 2021: Revenue of $335K, expenses of $44K, and assets of $1.6M (revenue -0.9% year-over-year).
- 2020: Revenue of $338K, expenses of $93K, and assets of $1.3M (revenue -27.5% year-over-year).
- 2019: Revenue of $467K, expenses of $245K, and assets of $1.0M (revenue +109.3% year-over-year).
- 2015: Revenue of $223K, expenses of $114K, and assets of $549K (revenue +36.8% year-over-year).
- 2014: Revenue of $163K, expenses of $186K, and assets of $440K (revenue +74.0% year-over-year).
- 2013: Revenue of $94K, expenses of $128K, and assets of $463K (revenue -64.4% year-over-year).
- 2012: Revenue of $263K, expenses of $86K, and assets of $497K (revenue +101.5% year-over-year).
- 2011: Revenue of $130K, expenses of $82K, and assets of $320K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bruce G And Mary A Robert Family Foundation Inc:
Data Sources and Methodology
This transparency report for Bruce G And Mary A Robert Family 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.