Robert Novotny Charitable Foundation
EIN: 477117717 · Cedar Rapids, IA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $182K |
| Net Assets | $927K |
Is Robert Novotny Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Robert Novotny Charitable Foundation
Robert Novotny Charitable Foundation (EIN: 477117717) is a nonprofit organization based in Cedar Rapids, IA, classified under NTEE code B82. The organization reported total revenue of $1.1M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert Novotny Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert Novotny Charitable Foundation is a mid-size nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -26.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $182K |
| Surplus / Deficit | $-104,534 |
| Total Assets | $927K |
| Total Liabilities | $1 |
| Net Assets | $927K |
| Operating Margin | -135.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 61.2 months |
Financial Health Grade: B
In 2023, Robert Novotny Charitable Foundation reported a deficit of $105K with expenses exceeding revenue, holds 61.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2019–2023), Robert Novotny Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -26.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +100.8% | -11.2% | -13.9% |
| 2022 | -74.6% | +16.3% | -13.4% |
| 2021 | -41.7% | +208.4% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Robert Novotny Charitable Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Robert Novotny Charitable Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $105K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Robert Novotny Charitable Foundation
Is Robert Novotny Charitable Foundation a legitimate charity?
Robert Novotny Charitable Foundation (EIN: 477117717) is a registered tax-exempt nonprofit based in Iowa. It has 4 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: B.
How does Robert Novotny Charitable Foundation spend its money?
Robert Novotny Charitable Foundation reported $1.1M in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Robert Novotny Charitable Foundation tax-deductible?
Robert Novotny Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 477117717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Robert Novotny Charitable Foundation located?
Robert Novotny Charitable Foundation is headquartered in Cedar Rapids, Iowa and files with the IRS under EIN 477117717. It is classified under NTEE code B82.
How many years of IRS 990 filings does Robert Novotny Charitable Foundation have?
Robert Novotny Charitable Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.1M in total revenue.
Filing History
IRS 990 filing history for Robert Novotny Charitable Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Robert Novotny Charitable Foundation's revenue has declined by 70.2%, moving from $259K to $77K. Total assets decreased by 33.3% over the same period, from $1.4M to $927K. Total functional expenses rose by 218.4%, from $57K to $182K. In its most recent filing year (2023), Robert Novotny Charitable Foundation reported a deficit of $105K, with expenses exceeding revenue. The organization holds $1 in liabilities against $927K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $927K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $182K | $927K | $1 | — | — |
| 2022 | $38K | $205K | $1.1M | $1 | — | — |
| 2021 | $151K | $176K | $1.2M | $1 | — | — |
| 2019 | $259K | $57K | $1.4M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $182K, and assets of $927K (revenue +100.8% year-over-year).
- 2022: Revenue of $38K, expenses of $205K, and assets of $1.1M (revenue -74.6% year-over-year).
- 2021: Revenue of $151K, expenses of $176K, and assets of $1.2M (revenue -41.7% year-over-year).
- 2019: Revenue of $259K, expenses of $57K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert Novotny Charitable Foundation:
Data Sources and Methodology
This transparency report for Robert Novotny Charitable 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.