Rockjensen Foundation Inc

Rockjensen Foundation consistently operates at a significant deficit, spending more than it earns annually.

EIN: 201823029 · The Woodlands, TX · NTEE: T20 · Updated: 2026-03-28

$8.3MRevenue
$9.5MAssets
45/100Mission Score (Fair)
T20
Rockjensen Foundation Inc Financial Summary
MetricValue
Total Revenue$8.3M
Total Expenses$769K
Program Spending60%
Net Assets$7.7M
Transparency Score45/100

Search Intent Cockpit

Rockjensen Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Rockjensen Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Rockjensen Foundation Inc in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $232K and expenses of $769K.

Revenue and Expenses

Rockjensen Foundation Inc reported $232K in revenue and $769K in expenses, a deficit of $536K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

45/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.

Is Rockjensen Foundation Inc Legit?

Significant Concerns

GoodFiling Consistency
Below AverageSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
60%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Rockjensen Foundation Inc Expense Deployment
Program services$461K (60%)

Across stored filings, Rockjensen Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Rockjensen Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 4 red flags identified
Mission spend60% to programsBelow Average
Financial durabilityGrade B10 stored filing years
Peer contextCompare with At&T Corp Management & Nonrepresent Employees Postretirement WelfareTexas and Philanthropy context

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Rockjensen Foundation Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About Rockjensen Foundation Inc

Rockjensen Foundation Inc (EIN: 201823029) is a nonprofit organization based in The Woodlands, TX, classified under NTEE code T20. The organization reported total revenue of $8.3M and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rockjensen Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Rockjensen Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023).

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$232K
Total Expenses$769K
Surplus / Deficit$-536,315
Total Assets$7.7M
Total Liabilities$1
Net Assets$7.7M
Operating Margin-230.7%
Debt-to-Asset Ratio0.0%
Months of Reserves120.1 months

Financial Health Grade: B

In 2023, Rockjensen Foundation Inc reported a deficit of $536K with expenses exceeding revenue, holds 120.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023+488.6%+72.5%-7.1%
2022-81.9%-77.5%-4.5%
2021+60.5%+242.5%-16.7%
2020-46.2%+10.6%-4.0%
2019-48.8%-48.3%-17.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Rockjensen Foundation Inc. exhibits a concerning financial trend, consistently spending significantly more than it generates in revenue. In 2023, the organization reported revenues of $232,485 against expenses of $768,800, indicating a substantial deficit. This pattern is not isolated, as evidenced by similar deficits in previous years, such as 2022 (Revenue: $39,501, Expenses: $445,700) and 2021 (Revenue: $217,705, Expenses: $1,976,700). While the organization's assets remain substantial at $7,694,100 in 2023, the continuous depletion of assets to cover operational costs is unsustainable in the long term. The lack of reported officer compensation across all filings suggests a volunteer-led or minimally compensated leadership structure, which could be a positive for efficiency if program spending were higher. The foundation's financial health appears to be deteriorating due to its persistent operating deficits. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, yet the significant gap between revenue and expenses raises questions about the source of funds covering these deficits and the long-term viability of its grantmaking activities. Without detailed breakdowns of expenses, it's difficult to fully assess spending efficiency, but the overall trend of high expenses relative to revenue is a major concern. The consistent reporting of zero officer compensation is a positive indicator of transparency regarding executive pay, but the broader financial picture warrants closer scrutiny.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rockjensen Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 30%
  • programs: 60%
  • fundraising: 10%

According to IRS 990 filings, Rockjensen Foundation Inc allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$232KTotal Revenue
$769KTotal Expenses
$7.7MTotal Assets
$1Total Liabilities
$7.7MNet Assets
  • The organization reported a deficit of $536K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating either a fully volunteer-led organization or that compensation is covered by an external entity, which is a positive for minimizing overhead costs.

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 Rockjensen Foundation Inc's IRS 990 filings:

  • Consistent and significant operating deficits (e.g., $536,315 deficit in 2023).
  • Declining asset base over time, from $14.4M in 2013 to $7.6M in 2023, indicating reliance on reserves.
  • Revenue consistently much lower than expenses across multiple years.
  • Negative revenue reported in 2011 (-$1,202,392), which is highly unusual and warrants investigation.

Strengths

The following positive indicators were identified for Rockjensen Foundation Inc:

  • Zero reported officer compensation across all filings, indicating low administrative overhead in this area.
  • Relatively low liabilities compared to assets, suggesting a healthy balance sheet in terms of debt.

Frequently Asked Questions about Rockjensen Foundation Inc

Is Rockjensen Foundation Inc a legitimate charity?

Rockjensen Foundation Inc (EIN: 201823029) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.3M. 4 red flags identified. 2 strengths noted. Financial health grade: B.

How does Rockjensen Foundation Inc spend its money?

Rockjensen Foundation Inc directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.

Are donations to Rockjensen Foundation Inc tax-deductible?

Rockjensen Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201823029). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Rockjensen Foundation Inc's spending goes to programs?

Rockjensen Foundation Inc directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.

How does Rockjensen Foundation Inc compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Rockjensen Foundation Inc is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Rockjensen Foundation Inc located?

Rockjensen Foundation Inc is headquartered in The Woodlands, Texas and files with the IRS under EIN 201823029. It is classified under NTEE code T20.

How many years of IRS 990 filings does Rockjensen Foundation Inc have?

Rockjensen Foundation Inc 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 $8.3M in total revenue.

Is Rockjensen Foundation Inc. financially sustainable?

Based on the consistent and significant deficits (e.g., $232,485 revenue vs. $768,800 expenses in 2023), the organization's current financial model appears unsustainable, relying on asset depletion rather than earned revenue to cover expenses.

What is the source of funding for the consistent operating deficits?

The filings indicate that expenses consistently exceed revenue, suggesting that the organization is drawing down its assets to cover operational costs, as seen by the decline in assets from $14,413,714 in 2013 to $7,694,100 in 2023.

How does the organization plan to address its revenue-expense imbalance?

The provided data does not offer insight into the organization's strategies for increasing revenue or reducing expenses to achieve financial stability.

What percentage of expenses are allocated to program services?

Without a detailed functional expense breakdown in the provided data, it's challenging to determine the exact program spending ratio, but the overall high expenses relative to revenue suggest potential inefficiencies.

Filing History

IRS 990 filing history for Rockjensen Foundation Inc showing financial trends over 10 years of public records:

Total assets decreased by 45.5% over the same period, from $14.1M to $7.7M. Total functional expenses fell by 4.3%, from $804K to $769K. In its most recent filing year (2023), Rockjensen Foundation Inc reported a deficit of $536K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $232K $769K $7.7M $1 View 990
2022 $40K $446K $8.3M $50K View 990
2021 $218K $2.0M $8.7M $38K View 990
2020 $136K $577K $10.4M $21K
2019 $252K $522K $10.8M $10K View 990
2015 $493K $1.0M $13.1M $39K View 990
2014 $228K $1.0M $13.6M $65K View 990
2013 $1.6M $784K $14.4M $48K View 990
2012 $165K $741K $13.5M $2K View 990
2011 $-1,202,392 $804K $14.1M $44K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $232K, expenses of $769K, and assets of $7.7M (revenue +488.6% year-over-year).
  • 2022: Revenue of $40K, expenses of $446K, and assets of $8.3M (revenue -81.9% year-over-year).
  • 2021: Revenue of $218K, expenses of $2.0M, and assets of $8.7M (revenue +60.5% year-over-year).
  • 2020: Revenue of $136K, expenses of $577K, and assets of $10.4M (revenue -46.2% year-over-year).
  • 2019: Revenue of $252K, expenses of $522K, and assets of $10.8M (revenue -48.8% year-over-year).
  • 2015: Revenue of $493K, expenses of $1.0M, and assets of $13.1M (revenue +116.0% year-over-year).
  • 2014: Revenue of $228K, expenses of $1.0M, and assets of $13.6M (revenue -86.1% year-over-year).
  • 2013: Revenue of $1.6M, expenses of $784K, and assets of $14.4M (revenue +893.1% year-over-year).
  • 2012: Revenue of $165K, expenses of $741K, and assets of $13.5M.
  • 2011: Revenue of $-1,202,392, expenses of $804K, and assets of $14.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Rockjensen Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Rockjensen 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.

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