Marvin & Sylvia Rubin Private Family Foundation Inc
Marvin & Sylvia Rubin Private Family Foundation consistently spends more than it earns, drawing down on its $2.2M assets for grantmaking.
EIN: 202013694 · North Potomac, MD · NTEE: T22 · Updated: 2026-03-28
Is Marvin & Sylvia Rubin Private Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marvin & Sylvia Rubin Private Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marvin & Sylvia Rubin Private Family Foundation Inc
Marvin & Sylvia Rubin Private Family Foundation Inc (EIN: 202013694) is a nonprofit organization based in North Potomac, MD, classified under NTEE code T22. The organization reported total revenue of $371K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marvin & Sylvia Rubin Private Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marvin & Sylvia Rubin Private Family Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $184K |
| Surplus / Deficit | $-62,024 |
| Total Assets | $2.3M |
| Total Liabilities | $1 |
| Net Assets | $2.3M |
| Operating Margin | -51.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 149.8 months |
Financial Health Grade: B
In 2023, Marvin & Sylvia Rubin Private Family Foundation Inc reported a deficit of $62K with expenses exceeding revenue, holds 149.8 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), Marvin & Sylvia Rubin Private Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.7% | +5.1% | -2.6% |
| 2022 | -62.1% | +4.7% | -3.4% |
| 2021 | +30.3% | -3.0% | +3.3% |
| 2020 | +50.9% | -7.2% | +0.7% |
| 2019 | -50.5% | -5.9% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Marvin & Sylvia Rubin Private Family Foundation Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Marvin & Sylvia Rubin Private Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $62K, 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 salaries are paid to officers, which is highly efficient for a foundation of this size.
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 Marvin & Sylvia Rubin Private Family Foundation Inc's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in most reported periods (e.g., 2023 expenses $183,743 vs. revenue $121,719), leading to asset depletion.
Strengths
The following positive indicators were identified for Marvin & Sylvia Rubin Private Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in administrative costs.
- Minimal liabilities, consistently reported as $1 in recent years, suggesting strong financial management and low debt.
- Substantial asset base of over $2.2 million, providing a solid foundation for grantmaking activities.
- Consistent IRS 990 filing history (10 filings), demonstrating good transparency and compliance.
Frequently Asked Questions about Marvin & Sylvia Rubin Private Family Foundation Inc
Is Marvin & Sylvia Rubin Private Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marvin & Sylvia Rubin Private Family Foundation Inc (EIN: 202013694) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Marvin & Sylvia Rubin Private Family Foundation Inc spend its money?
Marvin & Sylvia Rubin Private Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marvin & Sylvia Rubin Private Family Foundation Inc tax-deductible?
Marvin & Sylvia Rubin Private Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202013694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Marvin & Sylvia Rubin Private Family Foundation Inc. financially sustainable long-term?
The foundation has consistently spent more than its revenue, drawing down its assets from $2,438,067 in 2021 to $2,294,354 in 2023. While its current asset base is substantial, this trend suggests a gradual depletion of capital if not offset by future revenue growth or reduced spending.
How much of the foundation's spending goes directly to charitable grants?
As a private grantmaking foundation, the majority of its expenses are expected to be grants. However, without a detailed breakdown of expenses beyond total expenses in the provided data, the exact percentage dedicated solely to grants versus other administrative costs cannot be precisely determined, though the 0% officer compensation suggests high efficiency.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation across all filings, indicating that its executives are not compensated, which is a strong positive for financial efficiency and stewardship.
Filing History
IRS 990 filing history for Marvin & Sylvia Rubin Private Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Marvin & Sylvia Rubin Private Family Foundation Inc's revenue has grown by 358.6%, moving from $27K to $122K. Total assets decreased by 7.1% over the same period, from $2.5M to $2.3M. Total functional expenses rose by 12.8%, from $163K to $184K. In its most recent filing year (2023), Marvin & Sylvia Rubin Private Family Foundation Inc reported a deficit of $62K, with expenses exceeding revenue. 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 | $122K | $184K | $2.3M | $1 | — | View 990 |
| 2022 | $93K | $175K | $2.4M | $1 | — | View 990 |
| 2021 | $246K | $167K | $2.4M | $1 | — | View 990 |
| 2020 | $189K | $172K | $2.4M | $466 | — | View 990 |
| 2019 | $125K | $185K | $2.3M | $467 | — | View 990 |
| 2015 | $253K | $197K | $2.3M | $466 | — | View 990 |
| 2014 | $206K | $197K | $2.3M | $1 | — | View 990 |
| 2013 | $116K | $215K | $2.3M | $317 | — | View 990 |
| 2012 | $71K | $171K | $2.4M | $2K | — | View 990 |
| 2011 | $27K | $163K | $2.5M | $598 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $184K, and assets of $2.3M (revenue +30.7% year-over-year).
- 2022: Revenue of $93K, expenses of $175K, and assets of $2.4M (revenue -62.1% year-over-year).
- 2021: Revenue of $246K, expenses of $167K, and assets of $2.4M (revenue +30.3% year-over-year).
- 2020: Revenue of $189K, expenses of $172K, and assets of $2.4M (revenue +50.9% year-over-year).
- 2019: Revenue of $125K, expenses of $185K, and assets of $2.3M (revenue -50.5% year-over-year).
- 2015: Revenue of $253K, expenses of $197K, and assets of $2.3M (revenue +23.0% year-over-year).
- 2014: Revenue of $206K, expenses of $197K, and assets of $2.3M (revenue +77.8% year-over-year).
- 2013: Revenue of $116K, expenses of $215K, and assets of $2.3M (revenue +62.8% year-over-year).
- 2012: Revenue of $71K, expenses of $171K, and assets of $2.4M (revenue +167.5% year-over-year).
- 2011: Revenue of $27K, expenses of $163K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marvin & Sylvia Rubin Private Family Foundation Inc:
Data Sources and Methodology
This transparency report for Marvin & Sylvia Rubin Private Family 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.