Edward E And Hilda C Rosen Foundation
Edward E And Hilda C Rosen Foundation: Consistent Spending, Minimal Revenue
EIN: 222734448 · Bangor, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $441K |
| Total Expenses | $187K |
| CEO/Top Officer Pay | $187,075 |
| Net Assets | $2.2M |
| Transparency Score | 60/100 |
Is Edward E And Hilda C Rosen Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Edward E And Hilda C Rosen Foundation
Edward E And Hilda C Rosen Foundation (EIN: 222734448) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $441K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward E And Hilda C Rosen Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward E And Hilda C Rosen Foundation is a small nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $187K |
| Surplus / Deficit | $-136,453 |
| Total Assets | $2.2M |
| Total Liabilities | $1 |
| Net Assets | $2.2M |
| Operating Margin | -269.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 141.0 months |
Financial Health Grade: B
In 2023, Edward E And Hilda C Rosen Foundation reported a deficit of $136K with expenses exceeding revenue, holds 141.0 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), Edward E And Hilda C Rosen Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -72.9% | +2.2% | -5.8% |
| 2022 | -5.0% | -14.4% | +0.2% |
| 2021 | +109.1% | +23.5% | -0.7% |
| 2020 | -30.4% | +1.3% | -3.3% |
| 2019 | -8.6% | +17.0% | +13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Edward E And Hilda C Rosen Foundation with a Mission Score of 60 out of 100 (Good). 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, Edward E And Hilda C Rosen Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $136K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but given 100% of expenses are administrative, it is likely covered within these costs, which were $187,075 in 2023.
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 Edward E And Hilda C Rosen Foundation's IRS 990 filings:
- 0% program spending across all reported years, indicating no direct charitable impact.
- Consistent net losses when comparing revenue to expenses, e.g., $50,622 revenue vs. $187,075 expenses in 2023.
- Assets are slowly declining over time, from $2,427,285 in 2019 to $2,128,661 in 2023.
Strengths
The following positive indicators were identified for Edward E And Hilda C Rosen Foundation:
- Consistent reporting of financial data over multiple years.
- No fundraising costs, suggesting efficiency in that area (though no programs are funded).
Frequently Asked Questions about Edward E And Hilda C Rosen Foundation
Is Edward E And Hilda C Rosen Foundation a legitimate charity?
Edward E And Hilda C Rosen Foundation (EIN: 222734448) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $441K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Edward E And Hilda C Rosen Foundation spend its money?
Edward E And Hilda C Rosen Foundation reported $441K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Edward E And Hilda C Rosen Foundation tax-deductible?
Edward E And Hilda C Rosen Foundation is registered as a tax-exempt nonprofit (EIN: 222734448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Edward E And Hilda C Rosen Foundation CEO make?
Edward E And Hilda C Rosen Foundation's highest-compensated officer earns $187,075 annually. The organization reported $441K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Edward E And Hilda C Rosen Foundation located?
Edward E And Hilda C Rosen Foundation is headquartered in Bangor, Maine and files with the IRS under EIN 222734448.
How many years of IRS 990 filings does Edward E And Hilda C Rosen Foundation have?
Edward E And Hilda C Rosen Foundation 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 $441K in total revenue.
What does Edward E And Hilda C Rosen Foundation do?
Edward E And Hilda C Rosen Foundation is a nonprofit organization in the Unknown sector, located in Bangor, Maine. It is classified under NTEE code Unknown.
How much revenue does Edward E And Hilda C Rosen Foundation have?
Edward E And Hilda C Rosen Foundation reported total revenue of $440,845. Based on 10 IRS 990 filings on record.
What are Edward E And Hilda C Rosen Foundation's total assets?
Edward E And Hilda C Rosen Foundation holds total assets of $2,128,661 as reported in IRS 990 filings.
Where is Edward E And Hilda C Rosen Foundation located?
Edward E And Hilda C Rosen Foundation is based in Bangor, Maine.
What is Edward E And Hilda C Rosen Foundation's EIN?
Edward E And Hilda C Rosen Foundation's Employer Identification Number (EIN) is 222734448. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Edward E And Hilda C Rosen Foundation?
Edward E And Hilda C Rosen Foundation is classified under NTEE code Unknown (Unknown).
Is Edward E And Hilda C Rosen Foundation a registered 501(c)(3)?
Edward E And Hilda C Rosen Foundation appears in IRS records (EIN: 222734448). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Edward E And Hilda C Rosen Foundation file IRS Form 990?
Yes, Edward E And Hilda C Rosen Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Edward E And Hilda C Rosen Foundation's revenue in 2023?
In the 202312 filing period, Edward E And Hilda C Rosen Foundation reported total revenue of $50,622, total expenses of $187,075, and net assets of $2,197,907.
Is Edward E And Hilda C Rosen Foundation's revenue growing or declining?
Edward E And Hilda C Rosen Foundation's revenue is declining. Revenue went from $186,554 (202212) to $50,622 (202312), a -72.9% change. Based on 10 filings on record.
What is Edward E And Hilda C Rosen Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Edward E And Hilda C Rosen Foundation covers tax period 202312. It shows revenue of $50,622, expenses of $187,075, total assets of $2,197,907, and liabilities of $1.
Is Edward E And Hilda C Rosen Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Edward E And Hilda C Rosen Foundation shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Edward E And Hilda C Rosen Foundation?
The following concerns were identified: 0% program spending across all reported years, indicating no direct charitable impact.. Consistent net losses when comparing revenue to expenses, e.g., $50,622 revenue vs. $187,075 expenses in 2023.. Assets are slowly declining over time, from $2,427,285 in 2019 to $2,128,661 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Edward E And Hilda C Rosen Foundation's strengths?
Positive indicators for Edward E And Hilda C Rosen Foundation include: Consistent reporting of financial data over multiple years.. No fundraising costs, suggesting efficiency in that area (though no programs are funded).. These findings are derived from AI analysis of the organization's financial filings.
How does Edward E And Hilda C Rosen Foundation compensate executives?
Executive compensation is not explicitly detailed in the provided data, but given 100% of expenses are administrative, it is likely covered within these costs, which were $187,075 in 2023. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% program spending and 100% administrative expenses, what is the primary charitable purpose or activity of the Edward E And Hilda C Rosen Foundation?
Based on the provided data, the foundation does not appear to engage in direct charitable programs. Its expenditures are entirely administrative, suggesting it may function as a holding entity or a grant-making organization that distributes funds to other charities, but this is not evident from the expense breakdown.
How does the foundation sustain its operations with consistent revenue significantly lower than expenses?
The foundation sustains its operations by drawing down its assets. For instance, in 2023, revenue was $50,622 while expenses were $187,075, leading to a deficit covered by its asset base, which decreased from $2,197,907 to $2,128,661.
Filing History
IRS 990 filing history for Edward E And Hilda C Rosen Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Edward E And Hilda C Rosen Foundation's revenue has declined by 51.5%, moving from $104K to $51K. Total assets increased by 2% over the same period, from $2.2M to $2.2M. Total functional expenses rose by 32.1%, from $142K to $187K. In its most recent filing year (2023), Edward E And Hilda C Rosen Foundation reported a deficit of $136K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $187K | $2.2M | $1 | — | View 990 |
| 2022 | $187K | $183K | $2.3M | $1 | — | View 990 |
| 2021 | $196K | $214K | $2.3M | $1 | — | — |
| 2020 | $94K | $173K | $2.3M | $1 | — | — |
| 2019 | $135K | $171K | $2.4M | $1 | — | View 990 |
| 2015 | $148K | $146K | $2.1M | $1 | — | View 990 |
| 2014 | $162K | $161K | $2.1M | $1 | — | View 990 |
| 2013 | $183K | $147K | $2.1M | $1 | — | View 990 |
| 2012 | $90K | $141K | $2.1M | $1 | — | View 990 |
| 2011 | $104K | $142K | $2.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $187K, and assets of $2.2M (revenue -72.9% year-over-year).
- 2022: Revenue of $187K, expenses of $183K, and assets of $2.3M (revenue -5.0% year-over-year).
- 2021: Revenue of $196K, expenses of $214K, and assets of $2.3M (revenue +109.1% year-over-year).
- 2020: Revenue of $94K, expenses of $173K, and assets of $2.3M (revenue -30.4% year-over-year).
- 2019: Revenue of $135K, expenses of $171K, and assets of $2.4M (revenue -8.6% year-over-year).
- 2015: Revenue of $148K, expenses of $146K, and assets of $2.1M (revenue -8.8% year-over-year).
- 2014: Revenue of $162K, expenses of $161K, and assets of $2.1M (revenue -11.4% year-over-year).
- 2013: Revenue of $183K, expenses of $147K, and assets of $2.1M (revenue +102.2% year-over-year).
- 2012: Revenue of $90K, expenses of $141K, and assets of $2.1M (revenue -13.4% year-over-year).
- 2011: Revenue of $104K, expenses of $142K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward E And Hilda C Rosen Foundation:
Data Sources and Methodology
This transparency report for Edward E And Hilda C Rosen 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.