Robert C Dart Foundation

Robert C Dart Foundation maintains minimal liabilities and zero officer compensation amidst fluctuating revenue and declining assets.

EIN: 205973757 · Mason, MI · NTEE: T20 · Updated: 2026-03-28

$13.8MRevenue

$19.5MAssets

75/100Mission Score (Good)

T20

About Robert C Dart Foundation

Robert C Dart Foundation (EIN: 205973757) is a nonprofit organization based in Mason, MI, classified under NTEE code T20. The organization reported total revenue of $13.8M and total assets of $19.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert C Dart Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Robert C Dart Foundation appears to be a grant-making organization, as indicated by its NTEE code T20 (Private Grantmaking Foundations) and its financial activity. The foundation consistently reports minimal liabilities ($1 across all filings), suggesting a strong balance sheet and fiscal stability. However, its revenue has fluctuated significantly over the years, from a high of $12,081,913 in 2011 to $91,454 in 2021, and a recent $13,788,448. This volatility, while not uncommon for foundations relying on investment returns or large one-time contributions, makes consistent operational analysis challenging without deeper insight into its investment strategies and grant distribution policies.

The foundation's spending efficiency is difficult to assess directly from the provided data, as detailed expense breakdowns (program vs. administrative vs. fundraising) are not explicitly given. However, the consistent reporting of 0% officer compensation across all available filings is a positive indicator of low administrative overhead related to executive salaries. The foundation's assets have generally declined from a peak of $28,308,488 in 2011 to $19,524,086 currently, which could be due to grant distributions or investment performance. Transparency regarding its grant recipients and the impact of its funding would further enhance its public accountability.

Given the nature of a private foundation, its primary 'program' activity is typically grant-making. Without specific details on grants paid, it's challenging to fully evaluate its program effectiveness. The foundation's consistent minimal liabilities and zero officer compensation are strong points, but more granular expense data would allow for a more precise assessment of its operational efficiency and how its assets are being deployed to achieve its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Robert C Dart 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Robert C Dart Foundation 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is highly unusual for an organization of its asset size ($19,524,086).

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 Robert C Dart Foundation's IRS 990 filings:

Significant fluctuation in annual revenue, making financial planning and consistent grant-making potentially challenging.
Consistent decline in total assets over the past decade, from $28.3 million in 2011 to $19.5 million currently, without clear explanation in the provided data.
Lack of detailed expense breakdown (program vs. admin) in the provided summary data makes precise spending efficiency analysis difficult for a grant-making entity.

Strengths

The following positive indicators were identified for Robert C Dart Foundation:

Consistently reports minimal liabilities ($1), indicating strong financial solvency and low debt risk.
Zero officer compensation reported across all filings, suggesting very low or non-existent executive salary overhead.
As a private foundation (NTEE T20), its primary purpose is grant-making, aligning with a direct charitable mission.

Frequently Asked Questions about Robert C Dart Foundation

What is the Robert C Dart Foundation's primary grant-making focus?

The provided data does not specify the foundation's grant-making focus or the types of organizations it supports. Further investigation into its grant history or mission statement would be necessary.

Why have the foundation's assets declined from $28.3 million in 2011 to $19.5 million currently?

The decline in assets could be attributed to a combination of factors, including significant grant distributions (e.g., $2,598,031 in expenses in 2015), investment losses, or a strategy to spend down its endowment. The data alone does not provide a definitive reason.

How does the foundation manage its operations without officer compensation?

The consistent 0% officer compensation suggests that the foundation may be managed by volunteers, through an external management company, or that compensation is reported under other expense categories not specified in the summary data. This is an area for further inquiry.

Filing History

IRS 990 filing history for Robert C Dart Foundation showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2021), Robert C Dart Foundation's revenue has declined by 99.2%, moving from $12.1M to $91K. Total assets decreased by 31.7% over the same period, from $28.3M to $19.3M. Total functional expenses fell by 99.1%, from $2.2M to $20K. In its most recent filing year (2021), Robert C Dart Foundation reported a surplus of $72K, with revenue exceeding expenses. The organization holds $1 in liabilities against $19.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2021	$91K	$20K	$19.3M	$1	—	View 990
2020	$286K	$317	$19.3M	$1	—	—
2019	$444K	$145	$19.0M	$1	—	—
2015	$117K	$2.6M	$23.4M	$1	—	View 990
2014	$114K	$2.1M	$25.9M	$1	—	View 990
2013	$63K	$253K	$27.9M	$1	—	View 990
2012	$74K	$316K	$28.1M	$1	—	View 990
2011	$12.1M	$2.2M	$28.3M	$1	—	View 990

Year-by-Year Financial Summary

2021: Revenue of $91K, expenses of $20K, and assets of $19.3M (revenue -68.0% year-over-year).
2020: Revenue of $286K, expenses of $317, and assets of $19.3M (revenue -35.7% year-over-year).
2019: Revenue of $444K, expenses of $145, and assets of $19.0M (revenue +280.3% year-over-year).
2015: Revenue of $117K, expenses of $2.6M, and assets of $23.4M (revenue +2.5% year-over-year).
2014: Revenue of $114K, expenses of $2.1M, and assets of $25.9M (revenue +81.6% year-over-year).
2013: Revenue of $63K, expenses of $253K, and assets of $27.9M (revenue -14.7% year-over-year).
2012: Revenue of $74K, expenses of $316K, and assets of $28.1M (revenue -99.4% year-over-year).
2011: Revenue of $12.1M, expenses of $2.2M, and assets of $28.3M.

Data Sources and Methodology

This transparency report for Robert C Dart 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.