Daniel Rosenblum Family Foundation Inc
Daniel Rosenblum Family Foundation Inc. shows declining assets and consistent operational deficits in recent years.
EIN: 133520602 · Las Vegas, NV · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $99 |
| Total Expenses | $14K |
| Net Assets | $33K |
| Transparency Score | 20/100 |
Is Daniel Rosenblum Family Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Daniel Rosenblum Family Foundation Inc
Daniel Rosenblum Family Foundation Inc (EIN: 133520602) is a nonprofit organization based in Las Vegas, NV. The organization reported total revenue of $99 and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel Rosenblum Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daniel Rosenblum Family Foundation Inc is a micro nonprofit that has been operating for 37 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -51.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $99 |
| Total Expenses | $14K |
| Surplus / Deficit | $-14,228 |
| Total Assets | $33K |
| Total Liabilities | $1 |
| Net Assets | $33K |
| Operating Margin | -14371.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 27.6 months |
Financial Health Grade: B
In 2022, Daniel Rosenblum Family Foundation Inc reported a deficit of $14K with expenses exceeding revenue, holds 27.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2022), Daniel Rosenblum Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -51.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -99.9% | -98.7% | -30.2% |
| 2021 | +1276150.0% | +720000.0% | -95.2% |
| 2020 | -75.5% | +0.0% | +-0.0% |
| 2019 | -9.3% | +0.0% | +-0.0% |
| 2018 | +107.7% | +0.0% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Daniel Rosenblum Family Foundation Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Daniel Rosenblum Family Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors are compensated by the foundation, which is a positive 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 Daniel Rosenblum Family Foundation Inc's IRS 990 filings:
- Significant and consistent operational deficits in recent years (e.g., $14,327 expenses vs. $99 revenue in 2022; $1,080,150 expenses vs. $153,150 revenue in 2021).
- Dramatic decline in assets from $1,652,400 in 2012 to $32,918 in 2022.
- Extremely low revenue in recent years ($99 in 2022, $12 in 2020, $49 in 2019) making sustained operations questionable.
- Lack of clear program spending indicated by the provided data, suggesting administrative or other non-programmatic expenses dominate.
Strengths
The following positive indicators were identified for Daniel Rosenblum Family Foundation Inc:
- No officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Very low liabilities reported ($1 for most years), suggesting minimal debt burden.
Frequently Asked Questions about Daniel Rosenblum Family Foundation Inc
Is Daniel Rosenblum Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Daniel Rosenblum Family Foundation Inc (EIN: 133520602) significant concerns. Mission Score: 20/100. 4 red flags identified, 2 strengths noted.
How does Daniel Rosenblum Family Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Daniel Rosenblum Family Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Daniel Rosenblum Family Foundation Inc tax-deductible?
Daniel Rosenblum Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133520602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Daniel Rosenblum Family Foundation Inc located?
Daniel Rosenblum Family Foundation Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 133520602.
How many years of IRS 990 filings does Daniel Rosenblum Family Foundation Inc have?
Daniel Rosenblum Family Foundation Inc has 11 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 $99 in total revenue.
Why has the foundation's revenue dropped so dramatically in recent years, from over $400k in 2012 to $99 in 2022?
The filings show a significant decrease in revenue, from $418,528 in 2012 to $99 in 2022, with a notable dip in 2020 ($12) and 2019 ($49). This trend suggests a potential change in funding strategy or operational scope.
What are the primary expenses for the organization, especially given the minimal revenue in 2022 ($99 revenue vs. $14,327 expenses)?
With expenses significantly outweighing revenue in recent years (e.g., $14,327 expenses against $99 revenue in 2022), it's unclear from the provided data what specific activities these expenses are supporting, particularly if program spending is minimal or non-existent.
What is the foundation's program focus, given the NTEE code is unknown and spending breakdown is not detailed?
The NTEE code is unknown, and without a detailed breakdown of expenses, it's difficult to ascertain the specific programmatic activities the foundation engages in or if it is primarily a grant-making entity.
Filing History
IRS 990 filing history for Daniel Rosenblum Family Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Daniel Rosenblum Family Foundation Inc's revenue has declined by 100%, moving from $254K to $99. Total assets decreased by 98.1% over the same period, from $1.8M to $33K. Total functional expenses fell by 96.9%, from $461K to $14K. In its most recent filing year (2022), Daniel Rosenblum Family Foundation Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $1 in liabilities against $33K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $33K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $99 | $14K | $33K | $1 | — | View 990 |
| 2021 | $153K | $1.1M | $47K | $1 | — | — |
| 2020 | $12 | $150 | $974K | $1 | — | — |
| 2019 | $49 | $150 | $974K | $1 | — | View 990 |
| 2018 | $54 | $150 | $974K | $1 | — | View 990 |
| 2017 | $26 | $150 | $974K | $1 | — | View 990 |
| 2015 | $303K | $164K | $1.0M | $1 | — | View 990 |
| 2014 | $242K | $633K | $910K | $1 | — | View 990 |
| 2013 | $302K | $654K | $1.3M | $1 | — | View 990 |
| 2012 | $419K | $537K | $1.7M | $4K | — | View 990 |
| 2011 | $254K | $461K | $1.8M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $99, expenses of $14K, and assets of $33K (revenue -99.9% year-over-year).
- 2021: Revenue of $153K, expenses of $1.1M, and assets of $47K (revenue +1276150.0% year-over-year).
- 2020: Revenue of $12, expenses of $150, and assets of $974K (revenue -75.5% year-over-year).
- 2019: Revenue of $49, expenses of $150, and assets of $974K (revenue -9.3% year-over-year).
- 2018: Revenue of $54, expenses of $150, and assets of $974K (revenue +107.7% year-over-year).
- 2017: Revenue of $26, expenses of $150, and assets of $974K (revenue -100.0% year-over-year).
- 2015: Revenue of $303K, expenses of $164K, and assets of $1.0M (revenue +25.3% year-over-year).
- 2014: Revenue of $242K, expenses of $633K, and assets of $910K (revenue -19.9% year-over-year).
- 2013: Revenue of $302K, expenses of $654K, and assets of $1.3M (revenue -27.8% year-over-year).
- 2012: Revenue of $419K, expenses of $537K, and assets of $1.7M (revenue +64.5% year-over-year).
- 2011: Revenue of $254K, expenses of $461K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daniel Rosenblum Family Foundation Inc:
Data Sources and Methodology
This transparency report for Daniel Rosenblum 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.