David L Rowe Foundation Tr
EIN: 656304279 · Chicago, IL · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $893K |
| Total Expenses | $234K |
| Net Assets | $2.8M |
Is David L Rowe Foundation Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About David L Rowe Foundation Tr
David L Rowe Foundation Tr (EIN: 656304279) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20. The organization reported total revenue of $893K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David L Rowe Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David L Rowe Foundation Tr is a small nonprofit that has been operating for 25 years, with 7 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $190K |
| Total Expenses | $234K |
| Surplus / Deficit | $-43,749 |
| Total Assets | $2.8M |
| Total Liabilities | $1 |
| Net Assets | $2.8M |
| Operating Margin | -23.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 145.0 months |
Financial Health Grade: B
In 2021, David L Rowe Foundation Tr reported a deficit of $44K with expenses exceeding revenue, holds 145.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2012–2021), David L Rowe Foundation Tr's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +18.6% | +11.6% | -1.5% |
| 2020 | +315.9% | -8.2% | -2.3% |
| 2016 | -78.2% | +14.7% | -6.1% |
| 2015 | -41.8% | +3.5% | -0.7% |
| 2014 | +86.9% | +8.6% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for David L Rowe Foundation Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates David L Rowe Foundation Tr with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about David L Rowe Foundation Tr
Is David L Rowe Foundation Tr a legitimate charity?
David L Rowe Foundation Tr (EIN: 656304279) is a registered tax-exempt nonprofit based in Illinois. It has 7 years of IRS 990 filings on record. Total revenue: $893K. No red flags identified. Financial health grade: B.
How does David L Rowe Foundation Tr spend its money?
David L Rowe Foundation Tr reported $893K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to David L Rowe Foundation Tr tax-deductible?
David L Rowe Foundation Tr is registered as a tax-exempt nonprofit (EIN: 656304279). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is David L Rowe Foundation Tr located?
David L Rowe Foundation Tr is headquartered in Chicago, Illinois and files with the IRS under EIN 656304279. It is classified under NTEE code T20.
How many years of IRS 990 filings does David L Rowe Foundation Tr have?
David L Rowe Foundation Tr has 7 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 $893K in total revenue.
Filing History
IRS 990 filing history for David L Rowe Foundation Tr showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2021), David L Rowe Foundation Tr's revenue has grown by 11.5%, moving from $171K to $190K. Total assets decreased by 7.4% over the same period, from $3.1M to $2.8M. Total functional expenses rose by 28%, from $183K to $234K. In its most recent filing year (2021), David L Rowe Foundation Tr reported a deficit of $44K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $190K | $234K | $2.8M | $1 | — | — |
| 2020 | $160K | $210K | $2.9M | $1 | — | View 990 |
| 2016 | $39K | $229K | $2.9M | $0 | — | View 990 |
| 2015 | $177K | $199K | $3.1M | $0 | — | View 990 |
| 2014 | $304K | $192K | $3.2M | $0 | — | View 990 |
| 2013 | $163K | $177K | $3.0M | $0 | — | View 990 |
| 2012 | $171K | $183K | $3.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $190K, expenses of $234K, and assets of $2.8M (revenue +18.6% year-over-year).
- 2020: Revenue of $160K, expenses of $210K, and assets of $2.9M (revenue +315.9% year-over-year).
- 2016: Revenue of $39K, expenses of $229K, and assets of $2.9M (revenue -78.2% year-over-year).
- 2015: Revenue of $177K, expenses of $199K, and assets of $3.1M (revenue -41.8% year-over-year).
- 2014: Revenue of $304K, expenses of $192K, and assets of $3.2M (revenue +86.9% year-over-year).
- 2013: Revenue of $163K, expenses of $177K, and assets of $3.0M (revenue -4.7% year-over-year).
- 2012: Revenue of $171K, expenses of $183K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David L Rowe Foundation Tr:
Data Sources and Methodology
This transparency report for David L Rowe Foundation 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.