Robert G & Jane V Engel Foundation Inc
Engel Foundation: Consistent Spending, Declining Assets
EIN: 222764445 · S Portland, ME · Updated: 2026-04-04
Is Robert G & Jane V Engel Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Robert G & Jane V Engel Foundation Inc
Robert G & Jane V Engel Foundation Inc (EIN: 222764445) is a nonprofit organization based in S Portland, ME. The organization reported total revenue of $544K and total assets of $885K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert G & Jane V Engel Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Robert G & Jane V Engel Foundation Inc 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Robert G & Jane V Engel Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, with 'c0%' indicating no compensation for officers, directors, trustees, or key employees.
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 G & Jane V Engel Foundation Inc's IRS 990 filings:
- Consistent 0% program spending raises questions about the nature of their charitable activities and direct impact.
- Significant decline in assets from $1,202,682 in 2021 to $885,309 in 2023.
- Lack of detailed breakdown for 100% administrative expenses.
Strengths
The following positive indicators were identified for Robert G & Jane V Engel Foundation Inc:
- No reported executive compensation, suggesting a volunteer or unpaid leadership structure.
- Consistent filing of financial data over multiple years.
- Maintains a substantial asset base despite recent declines.
Frequently Asked Questions about Robert G & Jane V Engel Foundation Inc
Is Robert G & Jane V Engel Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert G & Jane V Engel Foundation Inc (EIN: 222764445) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Robert G & Jane V Engel Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Robert G & Jane V Engel Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Robert G & Jane V Engel Foundation Inc tax-deductible?
Robert G & Jane V Engel Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222764445). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Robert G & Jane V Engel Foundation Inc do?
Robert G & Jane V Engel Foundation Inc is a nonprofit organization in the Unknown sector, located in S Portland, Maine. It is classified under NTEE code Unknown.
How much revenue does Robert G & Jane V Engel Foundation Inc have?
Robert G & Jane V Engel Foundation Inc reported total revenue of $544,442. Based on 10 IRS 990 filings on record.
What are Robert G & Jane V Engel Foundation Inc's total assets?
Robert G & Jane V Engel Foundation Inc holds total assets of $885,309 as reported in IRS 990 filings.
Where is Robert G & Jane V Engel Foundation Inc located?
Robert G & Jane V Engel Foundation Inc is based in S Portland, Maine.
What is Robert G & Jane V Engel Foundation Inc's EIN?
Robert G & Jane V Engel Foundation Inc's Employer Identification Number (EIN) is 222764445. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Robert G & Jane V Engel Foundation Inc?
Robert G & Jane V Engel Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Robert G & Jane V Engel Foundation Inc a registered 501(c)(3)?
Robert G & Jane V Engel Foundation Inc appears in IRS records (EIN: 222764445). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Robert G & Jane V Engel Foundation Inc file IRS Form 990?
Yes, Robert G & Jane V Engel Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Robert G & Jane V Engel Foundation Inc's revenue in 2023?
In the 202309 filing period, Robert G & Jane V Engel Foundation Inc reported total revenue of $-4,292, total expenses of $138,194, and net assets of $900,392.
Is Robert G & Jane V Engel Foundation Inc's revenue growing or declining?
Robert G & Jane V Engel Foundation Inc's revenue is declining. Revenue went from $19,230 (202209) to $-4,292 (202309), a -122.3% change. Based on 10 filings on record.
What is Robert G & Jane V Engel Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Robert G & Jane V Engel Foundation Inc covers tax period 202309. It shows revenue of $-4,292, expenses of $138,194, total assets of $900,392, and liabilities of $1.
Is Robert G & Jane V Engel Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Robert G & Jane V Engel Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Robert G & Jane V Engel Foundation Inc?
The following concerns were identified: Consistent 0% program spending raises questions about the nature of their charitable activities and direct impact.. Significant decline in assets from $1,202,682 in 2021 to $885,309 in 2023.. Lack of detailed breakdown for 100% administrative expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Robert G & Jane V Engel Foundation Inc's strengths?
Positive indicators for Robert G & Jane V Engel Foundation Inc include: No reported executive compensation, suggesting a volunteer or unpaid leadership structure.. Consistent filing of financial data over multiple years.. Maintains a substantial asset base despite recent declines.. These findings are derived from AI analysis of the organization's financial filings.
How does Robert G & Jane V Engel Foundation Inc compensate executives?
Executive compensation is not reported in the provided data, with 'c0%' indicating no compensation for officers, directors, trustees, or key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% program spending and 100% administrative expenses, how does the foundation fulfill its mission and what are its primary charitable activities?
The data suggests the foundation operates primarily as a grant-making entity where grants are not categorized under 'program service expenses' but rather as part of administrative outlays or other non-specified expenditures. Further investigation into their grant recipients would be necessary to understand their direct impact.
What factors contributed to the significant decline in assets from $1,202,682 in 2021 to $885,309 in 2023, and what is the foundation's strategy to address this trend?
The decline in assets could be due to a combination of factors including investment performance, significant grant distributions not explicitly detailed, or other operational expenses. Without more detailed financial statements, the specific causes and the foundation's strategy to mitigate this trend remain unclear.
Filing History
IRS 990 filing history for Robert G & Jane V Engel Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robert G & Jane V Engel Foundation Inc's revenue has declined by 101%, moving from $430K to $-4,292. Total assets increased by 6.7% over the same period, from $844K to $900K. Total functional expenses fell by 58.5%, from $333K to $138K. The organization holds $1 in liabilities against $900K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $900K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $-4,292 | $138K | $900K | $1 | — | View 990 |
| 2022 | $19K | $154K | $1.0M | $1 | — | — |
| 2021 | $114K | $130K | $1.2M | $1 | — | View 990 |
| 2020 | $53K | $33K | $680K | $1 | — | — |
| 2019 | $434K | $276K | $658K | $0 | — | View 990 |
| 2015 | $470K | $315K | $980K | $0 | — | View 990 |
| 2014 | $416K | $309K | $928K | $0 | — | View 990 |
| 2013 | $342K | $305K | $898K | $0 | — | View 990 |
| 2012 | $452K | $328K | $863K | $0 | — | View 990 |
| 2011 | $430K | $333K | $844K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-4,292, expenses of $138K, and assets of $900K (revenue -122.3% year-over-year).
- 2022: Revenue of $19K, expenses of $154K, and assets of $1.0M (revenue -83.2% year-over-year).
- 2021: Revenue of $114K, expenses of $130K, and assets of $1.2M (revenue +116.7% year-over-year).
- 2020: Revenue of $53K, expenses of $33K, and assets of $680K (revenue -87.8% year-over-year).
- 2019: Revenue of $434K, expenses of $276K, and assets of $658K (revenue -7.8% year-over-year).
- 2015: Revenue of $470K, expenses of $315K, and assets of $980K (revenue +13.1% year-over-year).
- 2014: Revenue of $416K, expenses of $309K, and assets of $928K (revenue +21.6% year-over-year).
- 2013: Revenue of $342K, expenses of $305K, and assets of $898K (revenue -24.2% year-over-year).
- 2012: Revenue of $452K, expenses of $328K, and assets of $863K (revenue +5.0% year-over-year).
- 2011: Revenue of $430K, expenses of $333K, and assets of $844K.
Data Sources and Methodology
This transparency report for Robert G & Jane V Engel 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.