Rock Springs Foundation
EIN: 223624934 · Bethesda, MD
| Metric | Value |
|---|---|
| Total Expenses | $313K |
| Net Assets | $207K |
Is Rock Springs Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rock Springs Foundation
Rock Springs Foundation (EIN: 223624934) is a nonprofit organization based in Bethesda, MD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rock Springs Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rock Springs Foundation is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 512.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $296K |
| Total Expenses | $313K |
| Surplus / Deficit | $-17,592 |
| Total Assets | $207K |
| Total Liabilities | $1 |
| Net Assets | $207K |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2015, Rock Springs Foundation reported a deficit of $18K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Rock Springs Foundation's revenue has grown at a compound annual growth rate (CAGR) of 512.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +4.9% | -26.2% | -7.8% |
| 2014 | -54.1% | -16.4% | -38.9% |
| 2013 | +85.8% | -27.0% | +40.8% |
| 2012 | +157482.9% | +15.5% | -58.3% |
AI Analysis Pending
AI enrichment for Rock Springs 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 Rock Springs 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Rock Springs Foundation
Is Rock Springs Foundation a legitimate charity?
Rock Springs Foundation (EIN: 223624934) is a registered tax-exempt nonprofit based in Maryland. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Rock Springs Foundation spend its money?
Rock Springs Foundation reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rock Springs Foundation tax-deductible?
Rock Springs Foundation is registered as a tax-exempt nonprofit (EIN: 223624934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rock Springs Foundation located?
Rock Springs Foundation is headquartered in Bethesda, Maryland and files with the IRS under EIN 223624934.
How many years of IRS 990 filings does Rock Springs Foundation have?
Rock Springs Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Rock Springs Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Rock Springs Foundation's revenue has grown by 140783.8%, moving from $210 to $296K. Total assets decreased by 67% over the same period, from $626K to $207K. Total functional expenses fell by 48%, from $603K to $313K. In its most recent filing year (2015), Rock Springs Foundation reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $207K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $207K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $296K | $313K | $207K | $1 | — | View 990 |
| 2014 | $282K | $425K | $224K | $1 | — | View 990 |
| 2013 | $615K | $509K | $367K | $1 | — | View 990 |
| 2012 | $331K | $696K | $261K | $1 | — | View 990 |
| 2011 | $210 | $603K | $626K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $296K, expenses of $313K, and assets of $207K (revenue +4.9% year-over-year).
- 2014: Revenue of $282K, expenses of $425K, and assets of $224K (revenue -54.1% year-over-year).
- 2013: Revenue of $615K, expenses of $509K, and assets of $367K (revenue +85.8% year-over-year).
- 2012: Revenue of $331K, expenses of $696K, and assets of $261K (revenue +157482.9% year-over-year).
- 2011: Revenue of $210, expenses of $603K, and assets of $626K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rock Springs Foundation:
Data Sources and Methodology
This transparency report for Rock Springs 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.