Dr Willard E And Ella N Romberg Supporting Foundation
Romberg Supporting Foundation maintains stable assets and zero executive compensation over a decade.
EIN: 204245696 · New Ulm, MN · NTEE: X122 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $558K |
| Total Expenses | $232K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.2M |
| Transparency Score | 90/100 |
Search Intent Cockpit
Dr Willard E And Ella N Romberg Supporting Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Dr Willard E And Ella N Romberg Supporting Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Dr Willard E And Ella N Romberg Supporting Foundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $139K and expenses of $232K.
Revenue and Expenses
Dr Willard E And Ella N Romberg Supporting Foundation reported $139K in revenue and $232K in expenses, a deficit of $93K.
Executive Compensation
Top officer compensation appears as $4 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
90/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Dr Willard E And Ella N Romberg Supporting Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $221K (95%) |
Across stored filings, Dr Willard E And Ella N Romberg Supporting Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 95% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with North American Lake Management Society | Minnesota and Religion context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Dr Willard E And Ella N Romberg Supporting Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dr Willard E And Ella N Romberg Supporting Foundation
Dr Willard E And Ella N Romberg Supporting Foundation (EIN: 204245696) is a nonprofit organization based in New Ulm, MN, classified under NTEE code X122. The organization reported total revenue of $558K and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dr Willard E And Ella N Romberg Supporting Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dr Willard E And Ella N Romberg Supporting Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $232K |
| Surplus / Deficit | $-93,439 |
| Total Assets | $4.4M |
| Total Liabilities | $222K |
| Net Assets | $4.2M |
| Operating Margin | -67.3% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 229.4 months |
Financial Health Grade: B
In 2023, Dr Willard E And Ella N Romberg Supporting Foundation reported a deficit of $93K with expenses exceeding revenue, holds 229.4 months of operating reserves (strong position), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dr Willard E And Ella N Romberg Supporting Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.8% | +10.8% | +11.8% |
| 2022 | -66.5% | -20.3% | -20.9% |
| 2021 | +166.6% | +5.9% | +5.4% |
| 2020 | +21.1% | +13.3% | +14.1% |
| 2019 | -60.5% | +17.9% | +15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| 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 Dr Willard E And Ella N Romberg Supporting 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, Dr Willard E And Ella N Romberg Supporting 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 $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is a significant positive for a foundation of its size, with assets over $4 million, suggesting a highly volunteer-driven or externally managed operational model.
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 Dr Willard E And Ella N Romberg Supporting Foundation's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($232,345 vs $138,906), leading to a decrease in net assets for that period.
Strengths
The following positive indicators were identified for Dr Willard E And Ella N Romberg Supporting Foundation:
- Consistent 0% officer compensation across all reported periods, indicating high efficiency.
- Strong asset base, with assets of $4,440,942 in 2023.
- Long history of transparent IRS 990 filings (13 filings).
- Lean operational structure, likely maximizing funds for charitable purposes.
Frequently Asked Questions about Dr Willard E And Ella N Romberg Supporting Foundation
Is Dr Willard E And Ella N Romberg Supporting Foundation a legitimate charity?
Dr Willard E And Ella N Romberg Supporting Foundation (EIN: 204245696) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $558K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Dr Willard E And Ella N Romberg Supporting Foundation spend its money?
Dr Willard E And Ella N Romberg Supporting Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Dr Willard E And Ella N Romberg Supporting Foundation tax-deductible?
Dr Willard E And Ella N Romberg Supporting Foundation is registered as a tax-exempt nonprofit (EIN: 204245696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Dr Willard E And Ella N Romberg Supporting Foundation CEO make?
Dr Willard E And Ella N Romberg Supporting Foundation's highest-compensated officer earns $4 annually. The organization reported $558K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Dr Willard E And Ella N Romberg Supporting Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Dr Willard E And Ella N Romberg Supporting Foundation is above average for NTEE category X122 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dr Willard E And Ella N Romberg Supporting Foundation located?
Dr Willard E And Ella N Romberg Supporting Foundation is headquartered in New Ulm, Minnesota and files with the IRS under EIN 204245696. It is classified under NTEE code X122.
How many years of IRS 990 filings does Dr Willard E And Ella N Romberg Supporting Foundation have?
Dr Willard E And Ella N Romberg Supporting Foundation has 13 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 $558K in total revenue.
Is the Dr Willard E And Ella N Romberg Supporting Foundation a good charity?
Based on the provided data, the foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than administrative salaries. Its assets are substantial, and it has a long history of transparent IRS 990 filings.
How does the foundation manage its expenses given 0% officer compensation?
The 0% officer compensation suggests that the foundation likely operates with volunteer leadership or outsources administrative functions, keeping internal salary costs at zero. This is a highly efficient model for a supporting foundation.
What is the trend in the foundation's assets?
The foundation's assets have generally grown over the past decade, from $3,758,649 in 2014 to $4,440,942 in 2023, despite some year-to-year fluctuations, such as a dip from $5,025,617 in 2021 to $4,440,942 in 2023.
Filing History
IRS 990 filing history for Dr Willard E And Ella N Romberg Supporting Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dr Willard E And Ella N Romberg Supporting Foundation's revenue has declined by 32.7%, moving from $206K to $139K. Total assets increased by 38.6% over the same period, from $3.2M to $4.4M. Total functional expenses rose by 43.4%, from $162K to $232K. In its most recent filing year (2023), Dr Willard E And Ella N Romberg Supporting Foundation reported a deficit of $93K, with expenses exceeding revenue. The organization holds $222K in liabilities against $4.4M in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $139K | $232K | $4.4M | $222K | — | — |
| 2022 | $185K | $210K | $4.0M | $199K | — | View 990 |
| 2021 | $551K | $263K | $5.0M | $251K | — | View 990 |
| 2020 | $207K | $248K | $4.8M | $238K | — | — |
| 2019 | $171K | $219K | $4.2M | $209K | — | View 990 |
| 2018 | $432K | $186K | $3.6M | $181K | — | View 990 |
| 2017 | $362K | $205K | $4.1M | $203K | — | View 990 |
| 2016 | $231K | $186K | $3.7M | $184K | — | View 990 |
| 2015 | $225K | $182K | $3.6M | $181K | — | View 990 |
| 2014 | $288K | $190K | $3.8M | $188K | — | View 990 |
| 2013 | $111K | $175K | $3.5M | $174K | — | View 990 |
| 2012 | $178K | $172K | $3.4M | $171K | — | View 990 |
| 2011 | $206K | $162K | $3.2M | $160K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $139K, expenses of $232K, and assets of $4.4M (revenue -24.8% year-over-year).
- 2022: Revenue of $185K, expenses of $210K, and assets of $4.0M (revenue -66.5% year-over-year).
- 2021: Revenue of $551K, expenses of $263K, and assets of $5.0M (revenue +166.6% year-over-year).
- 2020: Revenue of $207K, expenses of $248K, and assets of $4.8M (revenue +21.1% year-over-year).
- 2019: Revenue of $171K, expenses of $219K, and assets of $4.2M (revenue -60.5% year-over-year).
- 2018: Revenue of $432K, expenses of $186K, and assets of $3.6M (revenue +19.6% year-over-year).
- 2017: Revenue of $362K, expenses of $205K, and assets of $4.1M (revenue +56.7% year-over-year).
- 2016: Revenue of $231K, expenses of $186K, and assets of $3.7M (revenue +2.7% year-over-year).
- 2015: Revenue of $225K, expenses of $182K, and assets of $3.6M (revenue -21.9% year-over-year).
- 2014: Revenue of $288K, expenses of $190K, and assets of $3.8M (revenue +158.1% year-over-year).
- 2013: Revenue of $111K, expenses of $175K, and assets of $3.5M (revenue -37.5% year-over-year).
- 2012: Revenue of $178K, expenses of $172K, and assets of $3.4M (revenue -13.6% year-over-year).
- 2011: Revenue of $206K, expenses of $162K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dr Willard E And Ella N Romberg Supporting Foundation:
Data Sources and Methodology
This transparency report for Dr Willard E And Ella N Romberg Supporting 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.