Mt Roeschmore Foundation
Mt Roeschmore Foundation shows consistent asset growth despite volatile revenue and occasional operating deficits.
EIN: 20519852 · Etna, NH · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $787K |
| Total Expenses | $666K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $6.1M |
| Transparency Score | 75/100 |
Is Mt Roeschmore Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mt Roeschmore Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mt Roeschmore Foundation
Mt Roeschmore Foundation (EIN: 20519852) is a nonprofit organization based in Etna, NH, classified under NTEE code T22. The organization reported total revenue of $787K and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Roeschmore Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mt Roeschmore Foundation is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $605K |
| Total Expenses | $666K |
| Surplus / Deficit | $-61,099 |
| Total Assets | $6.1M |
| Total Liabilities | $1 |
| Net Assets | $6.1M |
| Operating Margin | -10.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 109.8 months |
Financial Health Grade: B
In 2023, Mt Roeschmore Foundation reported a deficit of $61K with expenses exceeding revenue, holds 109.8 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), Mt Roeschmore Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.7% | +85.5% | +9.5% |
| 2021 | -291.3% | -2.7% | +20.5% |
| 2020 | +78.7% | +15.1% | +15.4% |
| 2019 | -40.0% | +73.1% | +48.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Mt Roeschmore Foundation with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Mt Roeschmore Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization with assets over $6 million.
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 Mt Roeschmore Foundation's IRS 990 filings:
- Significant revenue volatility, including a negative revenue year in 2021.
- Expenses exceeding revenue in recent periods (e.g., 2023), indicating reliance on reserves or other income.
- Lack of detailed functional expense breakdown in provided data, hindering spending efficiency analysis.
Strengths
The following positive indicators were identified for Mt Roeschmore Foundation:
- Consistent asset growth over the past decade, indicating strong financial management of its endowment.
- Consistently reported 0% officer compensation, suggesting a highly volunteer-driven leadership or alternative compensation structures.
- Minimal liabilities, indicating a very healthy balance sheet and low debt burden.
Frequently Asked Questions about Mt Roeschmore Foundation
Is Mt Roeschmore Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mt Roeschmore Foundation (EIN: 20519852) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Mt Roeschmore Foundation spend its money?
Mt Roeschmore Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mt Roeschmore Foundation tax-deductible?
Mt Roeschmore Foundation is registered as a tax-exempt nonprofit (EIN: 20519852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mt Roeschmore Foundation CEO make?
Mt Roeschmore Foundation's highest-compensated officer earns $6 annually. The organization reported $787K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mt Roeschmore Foundation's spending goes to programs?
Mt Roeschmore Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Mt Roeschmore Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mt Roeschmore Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mt Roeschmore Foundation located?
Mt Roeschmore Foundation is headquartered in Etna, New Hampshire and files with the IRS under EIN 20519852. It is classified under NTEE code T22.
How many years of IRS 990 filings does Mt Roeschmore Foundation have?
Mt Roeschmore 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 $787K in total revenue.
How does the Mt Roeschmore Foundation sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, which is unusual for an organization of this size and asset base.
What caused the significant negative revenue of $-567,439 in 2021?
A negative revenue figure typically indicates significant investment losses or returns of contributions, which would require further investigation into the organization's investment activities or donor agreements for that period.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed functional expense breakdown, making it difficult to precisely assess the efficiency of spending across programs, administration, and fundraising. This information is crucial for a complete financial analysis.
How does the foundation manage to grow assets despite periods where expenses exceed revenue?
Asset growth, even during periods of operational deficits (e.g., 2023), suggests that the foundation likely benefits from significant investment gains or substantial non-operating revenue sources not fully captured in the 'Revenue' line item, or draws from accumulated reserves.
Filing History
IRS 990 filing history for Mt Roeschmore Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mt Roeschmore Foundation's revenue has grown by 166.5%, moving from $227K to $605K. Total assets increased by 215.2% over the same period, from $1.9M to $6.1M. Total functional expenses rose by 1370.2%, from $45K to $666K. In its most recent filing year (2023), Mt Roeschmore Foundation reported a deficit of $61K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $605K | $666K | $6.1M | $1 | — | — |
| 2022 | $372K | $359K | $5.6M | $1 | — | View 990 |
| 2021 | $-567,439 | $308K | $7.1M | $1 | — | — |
| 2020 | $297K | $316K | $5.9M | $1 | — | — |
| 2019 | $166K | $275K | $5.1M | $1 | — | View 990 |
| 2015 | $277K | $159K | $3.4M | $1 | — | View 990 |
| 2014 | $316K | $273K | $3.3M | $0 | — | View 990 |
| 2013 | $368K | $123K | $3.2M | $0 | — | View 990 |
| 2012 | $398K | $201K | $2.3M | $0 | — | View 990 |
| 2011 | $227K | $45K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $605K, expenses of $666K, and assets of $6.1M (revenue +62.7% year-over-year).
- 2022: Revenue of $372K, expenses of $359K, and assets of $5.6M.
- 2021: Revenue of $-567,439, expenses of $308K, and assets of $7.1M (revenue -291.3% year-over-year).
- 2020: Revenue of $297K, expenses of $316K, and assets of $5.9M (revenue +78.7% year-over-year).
- 2019: Revenue of $166K, expenses of $275K, and assets of $5.1M (revenue -40.0% year-over-year).
- 2015: Revenue of $277K, expenses of $159K, and assets of $3.4M (revenue -12.5% year-over-year).
- 2014: Revenue of $316K, expenses of $273K, and assets of $3.3M (revenue -14.0% year-over-year).
- 2013: Revenue of $368K, expenses of $123K, and assets of $3.2M (revenue -7.6% year-over-year).
- 2012: Revenue of $398K, expenses of $201K, and assets of $2.3M (revenue +75.2% year-over-year).
- 2011: Revenue of $227K, expenses of $45K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mt Roeschmore Foundation:
Data Sources and Methodology
This transparency report for Mt Roeschmore 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.