Rochkind Wagner Foundation
Rochkind Wagner Foundation frequently operates at a deficit but maintains a strong asset base with no officer compensation.
EIN: 206767596 · Morristown, NJ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $232K |
| Total Expenses | $161K |
| Program Spending | 85% |
| Net Assets | $550K |
| Transparency Score | 80/100 |
Is Rochkind Wagner Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rochkind Wagner Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rochkind Wagner Foundation
Rochkind Wagner Foundation (EIN: 206767596) is a nonprofit organization based in Morristown, NJ, classified under NTEE code T22. The organization reported total revenue of $232K and total assets of $681K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rochkind Wagner Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rochkind Wagner Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $161K |
| Surplus / Deficit | $-25,003 |
| Total Assets | $556K |
| Total Liabilities | $6K |
| Net Assets | $550K |
| Operating Margin | -18.3% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 41.3 months |
Financial Health Grade: B
In 2023, Rochkind Wagner Foundation reported a deficit of $25K with expenses exceeding revenue, holds 41.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Rochkind Wagner Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.9% | -16.4% | +12.2% |
| 2022 | +45.1% | +72.2% | -35.8% |
| 2021 | +307.3% | +23.6% | +13.6% |
| 2020 | -74.0% | -35.1% | +17.7% |
| 2019 | +41.4% | +53.0% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Rochkind Wagner Foundation with a Mission Score of 80 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Rochkind Wagner Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
The Rochkind Wagner Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is a highly positive aspect, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which significantly reduces administrative overhead.
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 Rochkind Wagner Foundation's IRS 990 filings:
- Frequent operational deficits (e.g., $161,309 expenses vs. $136,306 revenue in 202312)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Rochkind Wagner Foundation:
- Consistent 0% officer compensation across all filings
- Strong and stable asset base (e.g., $555,816 in 202312)
- Very low liabilities relative to assets (e.g., $6,024 liabilities vs. $555,816 assets in 202312)
- Consistent IRS 990 filing history
Frequently Asked Questions about Rochkind Wagner Foundation
Is Rochkind Wagner Foundation a legitimate charity?
Rochkind Wagner Foundation (EIN: 206767596) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $232K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Rochkind Wagner Foundation spend its money?
Rochkind Wagner Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rochkind Wagner Foundation tax-deductible?
Rochkind Wagner Foundation is registered as a tax-exempt nonprofit (EIN: 206767596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rochkind Wagner Foundation's spending goes to programs?
Rochkind Wagner Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rochkind Wagner Foundation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Rochkind Wagner 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 Rochkind Wagner Foundation located?
Rochkind Wagner Foundation is headquartered in Morristown, New Jersey and files with the IRS under EIN 206767596. It is classified under NTEE code T22.
How many years of IRS 990 filings does Rochkind Wagner Foundation have?
Rochkind Wagner 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 $232K in total revenue.
Is Rochkind Wagner Foundation financially stable?
While the foundation frequently reports expenses exceeding revenues (e.g., $161,309 expenses vs. $136,306 revenue in 202312), its substantial asset base ($555,816 in 202312) and low liabilities ($6,024 in 202312) suggest underlying financial stability, likely supported by endowments or prior surpluses.
How efficient is Rochkind Wagner Foundation's spending?
The foundation's spending efficiency is positively impacted by its consistent reporting of 0% officer compensation, indicating a low administrative burden from executive salaries. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the lack of officer pay is a strong indicator of efficient use of funds.
Does Rochkind Wagner Foundation prioritize its mission?
The absence of officer compensation across all filings strongly suggests a high prioritization of mission, as resources are not being diverted to executive salaries. This implies that a greater proportion of funds can be directed towards programmatic activities, though specific program spending data is not provided.
What is the trend in the foundation's assets?
The foundation's assets have fluctuated but generally remained robust, ranging from $495,401 in 202212 to a high of $772,232 in 202112, and standing at $555,816 in the latest period (202312). This indicates a healthy long-term financial base.
Filing History
IRS 990 filing history for Rochkind Wagner Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rochkind Wagner Foundation's revenue has grown by 65.7%, moving from $82K to $136K. Total assets increased by 8.2% over the same period, from $514K to $556K. Total functional expenses rose by 143.1%, from $66K to $161K. In its most recent filing year (2023), Rochkind Wagner Foundation reported a deficit of $25K, with expenses exceeding revenue. The organization holds $6K in liabilities against $556K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $550K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $136K | $161K | $556K | $6K | — | View 990 |
| 2022 | $182K | $193K | $495K | $7K | — | View 990 |
| 2021 | $125K | $112K | $772K | $8K | — | View 990 |
| 2020 | $31K | $91K | $680K | $5K | — | View 990 |
| 2019 | $118K | $140K | $578K | $6K | — | View 990 |
| 2015 | $84K | $91K | $642K | $107K | — | View 990 |
| 2014 | $82K | $62K | $651K | $6K | — | View 990 |
| 2013 | $168K | $73K | $603K | $6K | — | View 990 |
| 2012 | $73K | $62K | $558K | $4K | — | View 990 |
| 2011 | $82K | $66K | $514K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $136K, expenses of $161K, and assets of $556K (revenue -24.9% year-over-year).
- 2022: Revenue of $182K, expenses of $193K, and assets of $495K (revenue +45.1% year-over-year).
- 2021: Revenue of $125K, expenses of $112K, and assets of $772K (revenue +307.3% year-over-year).
- 2020: Revenue of $31K, expenses of $91K, and assets of $680K (revenue -74.0% year-over-year).
- 2019: Revenue of $118K, expenses of $140K, and assets of $578K (revenue +41.4% year-over-year).
- 2015: Revenue of $84K, expenses of $91K, and assets of $642K (revenue +2.3% year-over-year).
- 2014: Revenue of $82K, expenses of $62K, and assets of $651K (revenue -51.4% year-over-year).
- 2013: Revenue of $168K, expenses of $73K, and assets of $603K (revenue +129.4% year-over-year).
- 2012: Revenue of $73K, expenses of $62K, and assets of $558K (revenue -11.0% year-over-year).
- 2011: Revenue of $82K, expenses of $66K, and assets of $514K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rochkind Wagner Foundation:
Data Sources and Methodology
This transparency report for Rochkind Wagner 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.