Joseph & Rosalyn Sinclair Foundation Inc
EIN: 50380039 · Barrington, RI
| Metric | Value |
|---|---|
| Total Revenue | $615K |
| Total Expenses | $137K |
| Net Assets | $2.3M |
Is Joseph & Rosalyn Sinclair Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joseph & Rosalyn Sinclair Foundation Inc
Joseph & Rosalyn Sinclair Foundation Inc (EIN: 50380039) is a nonprofit organization based in Barrington, RI. The organization reported total revenue of $615K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph & Rosalyn Sinclair Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joseph & Rosalyn Sinclair Foundation Inc is a small nonprofit that has been operating for 46 years, with 11 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -276.3% | +47.8% | -15.7% |
| 2021 | -98.5% | -48.6% | -8.7% |
| 2020 | -103.0% | +91.8% | -19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joseph & Rosalyn Sinclair Foundation Inc 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 Joseph & Rosalyn Sinclair Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Joseph & Rosalyn Sinclair Foundation Inc
Is Joseph & Rosalyn Sinclair Foundation Inc a legitimate charity?
Joseph & Rosalyn Sinclair Foundation Inc (EIN: 50380039) is a registered tax-exempt nonprofit based in Rhode Island. It has 11 years of IRS 990 filings on record. Total revenue: $615K. No red flags identified. Financial health grade: B.
How does Joseph & Rosalyn Sinclair Foundation Inc spend its money?
Joseph & Rosalyn Sinclair Foundation Inc reported $615K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Joseph & Rosalyn Sinclair Foundation Inc tax-deductible?
Joseph & Rosalyn Sinclair Foundation Inc is registered as a tax-exempt nonprofit (EIN: 50380039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joseph & Rosalyn Sinclair Foundation Inc located?
Joseph & Rosalyn Sinclair Foundation Inc is headquartered in Barrington, Rhode Island and files with the IRS under EIN 50380039.
How many years of IRS 990 filings does Joseph & Rosalyn Sinclair Foundation Inc have?
Joseph & Rosalyn Sinclair 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 $615K in total revenue.
Filing History
IRS 990 filing history for Joseph & Rosalyn Sinclair Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Joseph & Rosalyn Sinclair Foundation Inc's revenue has declined by 104.3%, moving from $205K to $-8,766. Total assets decreased by 22.3% over the same period, from $2.9M to $2.3M. Total functional expenses fell by 43.6%, from $243K to $137K. The organization holds $1 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-8,766 | $137K | $2.3M | $1 | — | — |
| 2022 | $-24,982 | $421K | $2.4M | $1 | — | View 990 |
| 2021 | $14K | $285K | $2.8M | $1 | — | View 990 |
| 2021 | $952K | $555K | $3.1M | $1 | — | — |
| 2020 | $-18,444 | $652K | $2.7M | $1 | — | View 990 |
| 2019 | $624K | $340K | $3.4M | $1 | — | View 990 |
| 2015 | $305K | $641K | $3.9M | $1 | — | View 990 |
| 2014 | $1.2M | $387K | $4.3M | $1 | — | View 990 |
| 2013 | $949K | $306K | $3.5M | $1 | — | View 990 |
| 2012 | $272K | $337K | $2.8M | $0 | — | View 990 |
| 2011 | $205K | $243K | $2.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-8,766, expenses of $137K, and assets of $2.3M.
- 2022: Revenue of $-24,982, expenses of $421K, and assets of $2.4M (revenue -276.3% year-over-year).
- 2021: Revenue of $14K, expenses of $285K, and assets of $2.8M (revenue -98.5% year-over-year).
- 2021: Revenue of $952K, expenses of $555K, and assets of $3.1M.
- 2020: Revenue of $-18,444, expenses of $652K, and assets of $2.7M (revenue -103.0% year-over-year).
- 2019: Revenue of $624K, expenses of $340K, and assets of $3.4M (revenue +104.5% year-over-year).
- 2015: Revenue of $305K, expenses of $641K, and assets of $3.9M (revenue -73.9% year-over-year).
- 2014: Revenue of $1.2M, expenses of $387K, and assets of $4.3M (revenue +23.1% year-over-year).
- 2013: Revenue of $949K, expenses of $306K, and assets of $3.5M (revenue +249.1% year-over-year).
- 2012: Revenue of $272K, expenses of $337K, and assets of $2.8M (revenue +32.5% year-over-year).
- 2011: Revenue of $205K, expenses of $243K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joseph & Rosalyn Sinclair Foundation Inc:
Data Sources and Methodology
This transparency report for Joseph & Rosalyn Sinclair 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.