Rockaway Rockets Football Association Inc
Rockaway Rockets Football Association consistently operates with volunteer leadership, but recent filings show assets fully offset by liabilities.
EIN: 202990972 · Rockaway, NJ · NTEE: N65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $189K |
| Program Spending | 90% |
| Net Assets | $0 |
| Transparency Score | 85/100 |
Is Rockaway Rockets Football Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rockaway Rockets Football Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rockaway Rockets Football Association Inc
Rockaway Rockets Football Association Inc (EIN: 202990972) is a nonprofit organization based in Rockaway, NJ, classified under NTEE code N65. The organization reported total revenue of $174K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rockaway Rockets Football Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rockaway Rockets Football Association Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $189K |
| Surplus / Deficit | $-7,181 |
| Total Assets | $49K |
| Total Liabilities | $49K |
| Net Assets | $0 |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 3.1 months |
Financial Health Grade: C
In 2023, Rockaway Rockets Football Association Inc reported a deficit of $7K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rockaway Rockets Football Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.8% | -1.2% | -73.0% |
| 2022 | +15.9% | +3.1% | +21.8% |
| 2021 | +25.1% | +33.8% | +69.5% |
| 2020 | -10.0% | -11.3% | -1.4% |
| 2019 | +0.1% | +7.1% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Rockaway Rockets Football Association Inc with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Rockaway Rockets Football Association Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is entirely volunteer-based, which is highly efficient for a nonprofit of this size.
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 Rockaway Rockets Football Association Inc's IRS 990 filings:
- Liabilities precisely matching assets in recent years (2021-2023), potentially indicating a lack of unrestricted net assets.
- Operating deficits in multiple recent years (e.g., 2023, 2021), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Rockaway Rockets Football Association Inc:
- Zero reported officer compensation across all filings, indicating highly efficient use of funds and volunteer leadership.
- Consistent revenue generation over a decade, demonstrating sustained community support.
- Stable asset base maintained despite some operational deficits.
Frequently Asked Questions about Rockaway Rockets Football Association Inc
Is Rockaway Rockets Football Association Inc a legitimate charity?
Rockaway Rockets Football Association Inc (EIN: 202990972) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $174K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Rockaway Rockets Football Association Inc spend its money?
Rockaway Rockets Football Association Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rockaway Rockets Football Association Inc tax-deductible?
Rockaway Rockets Football Association Inc is registered as a tax-exempt nonprofit (EIN: 202990972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rockaway Rockets Football Association Inc's spending goes to programs?
Rockaway Rockets Football Association Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rockaway Rockets Football Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rockaway Rockets Football Association Inc is above average for NTEE category N65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rockaway Rockets Football Association Inc located?
Rockaway Rockets Football Association Inc is headquartered in Rockaway, New Jersey and files with the IRS under EIN 202990972. It is classified under NTEE code N65.
How many years of IRS 990 filings does Rockaway Rockets Football Association Inc have?
Rockaway Rockets Football Association Inc has 13 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 $174K in total revenue.
Is Rockaway Rockets Football Association Inc. financially stable given recent operating deficits?
While the organization has experienced operating deficits in several recent years (e.g., 2023, 2021), its asset base has remained relatively stable. The exact matching of assets and liabilities in 2021-2023 filings suggests a need for deeper analysis into the nature of these liabilities to fully assess long-term stability.
What is the nature of the liabilities that precisely match assets in recent years?
The filings for 2021, 2022, and 2023 show liabilities exactly equaling assets. This could indicate that all assets are restricted or that the organization is operating with no unrestricted net assets, which might limit financial flexibility. Further detail from the full 990 forms would be needed to understand the specific types of liabilities.
How does the lack of officer compensation impact the organization's operations?
The absence of officer compensation means that all funds are directed towards programs and operational costs, significantly enhancing spending efficiency. It suggests a strong volunteer commitment at the leadership level, which is a positive indicator for a small nonprofit.
Filing History
IRS 990 filing history for Rockaway Rockets Football Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rockaway Rockets Football Association Inc's revenue has grown by 12.4%, moving from $162K to $182K. Total assets decreased by 22.1% over the same period, from $63K to $49K. Total functional expenses rose by 21.7%, from $155K to $189K. In its most recent filing year (2023), Rockaway Rockets Football Association Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $49K in liabilities against $49K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $189K | $49K | $49K | — | — |
| 2022 | $199K | $191K | $181K | $181K | — | View 990 |
| 2021 | $172K | $186K | $148K | $148K | — | View 990 |
| 2020 | $137K | $139K | $88K | $0 | — | — |
| 2019 | $153K | $156K | $89K | $0 | — | View 990 |
| 2018 | $153K | $146K | $92K | $0 | — | View 990 |
| 2017 | $143K | $136K | $86K | $0 | — | — |
| 2016 | $116K | $113K | $79K | $0 | — | View 990 |
| 2015 | $116K | $120K | $76K | $0 | — | View 990 |
| 2014 | $131K | $129K | $79K | $0 | — | View 990 |
| 2013 | $138K | $130K | $78K | $0 | — | View 990 |
| 2012 | $129K | $122K | $69K | $0 | — | View 990 |
| 2011 | $162K | $155K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $189K, and assets of $49K (revenue -8.8% year-over-year).
- 2022: Revenue of $199K, expenses of $191K, and assets of $181K (revenue +15.9% year-over-year).
- 2021: Revenue of $172K, expenses of $186K, and assets of $148K (revenue +25.1% year-over-year).
- 2020: Revenue of $137K, expenses of $139K, and assets of $88K (revenue -10.0% year-over-year).
- 2019: Revenue of $153K, expenses of $156K, and assets of $89K (revenue +0.1% year-over-year).
- 2018: Revenue of $153K, expenses of $146K, and assets of $92K (revenue +7.0% year-over-year).
- 2017: Revenue of $143K, expenses of $136K, and assets of $86K (revenue +23.0% year-over-year).
- 2016: Revenue of $116K, expenses of $113K, and assets of $79K (revenue -0.3% year-over-year).
- 2015: Revenue of $116K, expenses of $120K, and assets of $76K (revenue -11.1% year-over-year).
- 2014: Revenue of $131K, expenses of $129K, and assets of $79K (revenue -5.5% year-over-year).
- 2013: Revenue of $138K, expenses of $130K, and assets of $78K (revenue +7.4% year-over-year).
- 2012: Revenue of $129K, expenses of $122K, and assets of $69K (revenue -20.3% year-over-year).
- 2011: Revenue of $162K, expenses of $155K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rockaway Rockets Football Association Inc:
Data Sources and Methodology
This transparency report for Rockaway Rockets Football Association 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.