Laurance S Rockefeller Fund
Laurance S Rockefeller Fund maintains substantial assets despite fluctuating revenues and zero reported officer compensation.
EIN: 204192256 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $35.5M |
| Transparency Score | 85/100 |
Is Laurance S Rockefeller Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Laurance S Rockefeller Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Laurance S Rockefeller Fund
Laurance S Rockefeller Fund (EIN: 204192256) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $5.6M and total assets of $36.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laurance S Rockefeller Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laurance S Rockefeller Fund is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -30.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $448K |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-1,735,743 |
| Total Assets | $35.5M |
| Total Liabilities | $1 |
| Net Assets | $35.5M |
| Operating Margin | -387.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 195.3 months |
Financial Health Grade: B
In 2023, Laurance S Rockefeller Fund reported a deficit of $1.7M with expenses exceeding revenue, holds 195.3 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), Laurance S Rockefeller Fund's revenue has declined at a compound annual growth rate (CAGR) of -30.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.5% | +9.2% | -4.5% |
| 2022 | +17.8% | +39.7% | +1.4% |
| 2021 | -33.5% | -13.5% | +2.0% |
| 2020 | +57.3% | +205.3% | +4.4% |
| 2019 | -31.3% | -68.9% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Laurance S Rockefeller Fund with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Laurance S Rockefeller Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an entity with over $30 million in assets and suggests either volunteer leadership or compensation being covered by an affiliated entity.
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 Laurance S Rockefeller Fund's IRS 990 filings:
- Consistent $1 reported liabilities, which is highly unusual and may obscure actual financial obligations.
- Significant negative operating margin in the latest fiscal year (2023), with expenses ($2,183,681) far exceeding revenue ($447,938).
Strengths
The following positive indicators were identified for Laurance S Rockefeller Fund:
- Zero reported officer compensation, indicating highly efficient leadership cost management.
- Strong and stable asset base, consistently over $30 million, providing long-term financial security.
- History of significant revenue generation in certain years, demonstrating capacity for substantial financial activity (e.g., $35.2 million in 2011).
Frequently Asked Questions about Laurance S Rockefeller Fund
Is Laurance S Rockefeller Fund a legitimate charity?
Laurance S Rockefeller Fund (EIN: 204192256) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.6M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Laurance S Rockefeller Fund spend its money?
Laurance S Rockefeller Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Laurance S Rockefeller Fund tax-deductible?
Laurance S Rockefeller Fund is registered as a tax-exempt nonprofit (EIN: 204192256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Laurance S Rockefeller Fund CEO make?
Laurance S Rockefeller Fund's highest-compensated officer earns $30 annually. The organization reported $5.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Laurance S Rockefeller Fund's spending goes to programs?
Laurance S Rockefeller Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Laurance S Rockefeller Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Laurance S Rockefeller Fund is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Laurance S Rockefeller Fund located?
Laurance S Rockefeller Fund is headquartered in New York, New York and files with the IRS under EIN 204192256. It is classified under NTEE code T20.
How many years of IRS 990 filings does Laurance S Rockefeller Fund have?
Laurance S Rockefeller Fund 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 $5.6M in total revenue.
Why are liabilities consistently reported as $1 across all filings?
The consistent reporting of $1 in liabilities is highly unusual for an organization of this size and could indicate a specific accounting practice, a lack of significant external debt, or a simplified reporting method. It warrants further inquiry to understand the full financial picture.
How does the organization sustain operations when expenses significantly exceed revenue, as seen in 2023?
In 2023, expenses ($2,183,681) were substantially higher than revenue ($447,938). This suggests the organization is either drawing down on its significant asset base or relying on accumulated surpluses from prior years to cover operational costs.
What is the nature of the 'Laurance S Rockefeller Fund' given its NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations)?
As a grantmaking foundation, its primary activity would be distributing funds to other organizations. The financial data, particularly the stable asset base and fluctuating revenues, aligns with a foundation model that manages an endowment and makes grants.
Filing History
IRS 990 filing history for Laurance S Rockefeller Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Laurance S Rockefeller Fund's revenue has declined by 98.7%, moving from $35.3M to $448K. Total assets increased by 17.4% over the same period, from $30.3M to $35.5M. Total functional expenses fell by 56.5%, from $5.0M to $2.2M. In its most recent filing year (2023), Laurance S Rockefeller Fund reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $1 in liabilities against $35.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $35.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $448K | $2.2M | $35.5M | $1 | — | View 990 |
| 2022 | $2.6M | $2.0M | $37.2M | $1 | — | View 990 |
| 2021 | $2.2M | $1.4M | $36.7M | $1 | — | View 990 |
| 2020 | $3.3M | $1.7M | $36.0M | $1 | — | View 990 |
| 2019 | $2.1M | $542K | $34.5M | $1 | — | — |
| 2015 | $3.0M | $1.7M | $33.5M | $1 | — | View 990 |
| 2014 | $2.0M | $634K | $32.2M | $1 | — | View 990 |
| 2013 | $5.1M | $2.2M | $30.8M | $1 | — | View 990 |
| 2012 | $604K | $3.0M | $27.9M | $1 | — | View 990 |
| 2011 | $35.3M | $5.0M | $30.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $448K, expenses of $2.2M, and assets of $35.5M (revenue -82.5% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.0M, and assets of $37.2M (revenue +17.8% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.4M, and assets of $36.7M (revenue -33.5% year-over-year).
- 2020: Revenue of $3.3M, expenses of $1.7M, and assets of $36.0M (revenue +57.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $542K, and assets of $34.5M (revenue -31.3% year-over-year).
- 2015: Revenue of $3.0M, expenses of $1.7M, and assets of $33.5M (revenue +48.1% year-over-year).
- 2014: Revenue of $2.0M, expenses of $634K, and assets of $32.2M (revenue -60.1% year-over-year).
- 2013: Revenue of $5.1M, expenses of $2.2M, and assets of $30.8M (revenue +748.7% year-over-year).
- 2012: Revenue of $604K, expenses of $3.0M, and assets of $27.9M (revenue -98.3% year-over-year).
- 2011: Revenue of $35.3M, expenses of $5.0M, and assets of $30.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laurance S Rockefeller Fund:
Data Sources and Methodology
This transparency report for Laurance S Rockefeller Fund 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.