Robbins Foundation Inc
Robbins Foundation Inc. shows highly volatile revenue and expenses with no reported officer compensation.
EIN: 133745914 · Palm Beach, FL · Updated: 2026-03-28
Is Robbins Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robbins Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robbins Foundation Inc
Robbins Foundation Inc (EIN: 133745914) is a nonprofit organization based in Palm Beach, FL. The organization reported total revenue of $1.4M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robbins Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robbins Foundation Inc is a mid-size nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $488K |
| Surplus / Deficit | +$792K |
| Total Assets | $2.5M |
| Total Liabilities | $18K |
| Net Assets | $2.5M |
| Operating Margin | 61.9% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 62.3 months |
Financial Health Grade: A
In 2023, Robbins Foundation Inc reported a surplus of $792K with revenue exceeding expenses, holds 62.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Robbins Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +355.0% | -79.7% | -30.2% |
| 2022 | +26044.9% | +508.1% | -17.1% |
| 2021 | -99.9% | -41.1% | -12.4% |
| 2020 | -72.4% | -77.5% | +15.4% |
| 2019 | +79.8% | +83.8% | +675.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Robbins Foundation Inc with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Robbins Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $792K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through other means not reported as officer compensation on the 990, which is unusual for an organization with significant assets and revenue.
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 Robbins Foundation Inc's IRS 990 filings:
- Highly volatile revenue and expense figures year-over-year, making financial planning and stability difficult to assess.
- Lack of detailed spending breakdown (program, admin, fundraising) in the provided data, hindering efficiency analysis.
- Unknown NTEE code, which limits understanding of its specific charitable purpose and peer comparison.
- Negative assets reported in 2014 (-$60,113), indicating a period of significant financial distress.
Strengths
The following positive indicators were identified for Robbins Foundation Inc:
- Consistent reporting of 0% officer compensation, suggesting a commitment to minimizing executive overhead.
- Significant assets reported in recent years (e.g., $2,976,421 latest, $2,533,444 in 2023), indicating some financial capacity.
- History of generating substantial revenue in certain years (e.g., $4,027,164 in 2019, $2,240,014 in 2015).
Frequently Asked Questions about Robbins Foundation Inc
Is Robbins Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Robbins Foundation Inc (EIN: 133745914) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Robbins Foundation Inc spend its money?
Robbins Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Robbins Foundation Inc tax-deductible?
Robbins Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133745914). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Robbins Foundation Inc. a good charity?
The Robbins Foundation Inc. demonstrates a commitment to not paying its officers, which can be a positive sign for donors. However, the extreme volatility in its financial performance and the lack of detailed spending breakdowns make it difficult to definitively assess its overall effectiveness and impact as a 'good charity' without further information.
Why are the revenues and expenses so inconsistent year-over-year?
The significant fluctuations in revenue and expenses (e.g., revenue from $4,027,164 in 2019 to $1,076 in 2021, and expenses from $395,823 in 2021 to $2,407,086 in 2022) could be due to a project-based funding model, large one-time grants or donations, or specific programmatic initiatives that vary greatly in scale and timing. Without more context on their operations, the exact reasons remain unclear.
What is the NTEE code for Robbins Foundation Inc.?
The NTEE code for Robbins Foundation Inc. is currently unknown based on the provided data. This makes it challenging to categorize its specific mission and compare its financial performance against similar organizations.
Filing History
IRS 990 filing history for Robbins Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robbins Foundation Inc's revenue has declined by 39.2%, moving from $2.1M to $1.3M. Total assets increased by 276.5% over the same period, from $673K to $2.5M. Total functional expenses fell by 67.6%, from $1.5M to $488K. In its most recent filing year (2023), Robbins Foundation Inc reported a surplus of $792K, with revenue exceeding expenses. The organization holds $18K in liabilities against $2.5M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $488K | $2.5M | $18K | — | View 990 |
| 2022 | $281K | $2.4M | $3.6M | $1 | — | View 990 |
| 2021 | $1K | $396K | $4.4M | $1 | — | View 990 |
| 2020 | $1.1M | $672K | $5.0M | $1 | — | — |
| 2019 | $4.0M | $3.0M | $4.3M | $1 | — | — |
| 2015 | $2.2M | $1.6M | $559K | $25K | — | View 990 |
| 2014 | $156K | $289K | $-60,113 | $20K | — | View 990 |
| 2013 | $940K | $1.3M | $53K | $1 | — | View 990 |
| 2012 | $755K | $1.0M | $402K | $1 | — | View 990 |
| 2011 | $2.1M | $1.5M | $673K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $488K, and assets of $2.5M (revenue +355.0% year-over-year).
- 2022: Revenue of $281K, expenses of $2.4M, and assets of $3.6M (revenue +26044.9% year-over-year).
- 2021: Revenue of $1K, expenses of $396K, and assets of $4.4M (revenue -99.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $672K, and assets of $5.0M (revenue -72.4% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.0M, and assets of $4.3M (revenue +79.8% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.6M, and assets of $559K (revenue +1340.3% year-over-year).
- 2014: Revenue of $156K, expenses of $289K, and assets of $-60,113 (revenue -83.5% year-over-year).
- 2013: Revenue of $940K, expenses of $1.3M, and assets of $53K (revenue +24.5% year-over-year).
- 2012: Revenue of $755K, expenses of $1.0M, and assets of $402K (revenue -64.1% year-over-year).
- 2011: Revenue of $2.1M, expenses of $1.5M, and assets of $673K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robbins Foundation Inc:
Data Sources and Methodology
This transparency report for Robbins 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.