Rockstad Foundation
EIN: 812468000 · Bismarck, ND · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $521K |
| Net Assets | $109K |
Is Rockstad Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rockstad Foundation
Rockstad Foundation (EIN: 812468000) is a nonprofit organization based in Bismarck, ND, classified under NTEE code T22. The organization reported total revenue of $3.8M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rockstad Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rockstad Foundation is a mid-size nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 39.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $251K |
| Total Expenses | $521K |
| Surplus / Deficit | $-269,815 |
| Total Assets | $118K |
| Total Liabilities | $8K |
| Net Assets | $109K |
| Operating Margin | -107.5% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2023, Rockstad Foundation reported a deficit of $270K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Rockstad Foundation's revenue has grown at a compound annual growth rate (CAGR) of 39.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +303.3% | -7.5% | -70.2% |
| 2022 | -68.0% | -16.6% | -63.0% |
| 2021 | +184.5% | +70.9% | -31.6% |
| 2020 | +2.0% | +70.8% | -14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rockstad 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 Rockstad 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 $270K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.2%.
Frequently Asked Questions about Rockstad Foundation
Is Rockstad Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rockstad Foundation (EIN: 812468000) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rockstad Foundation spend its money?
Detailed spending breakdown data is not yet available for Rockstad Foundation. Check back for updated IRS 990 analysis.
Are donations to Rockstad Foundation tax-deductible?
Rockstad Foundation is registered as a tax-exempt nonprofit (EIN: 812468000). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rockstad Foundation located?
Rockstad Foundation is headquartered in Bismarck, North Dakota and files with the IRS under EIN 812468000. It is classified under NTEE code T22.
How many years of IRS 990 filings does Rockstad Foundation have?
Rockstad 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. The most recent filing shows $3.8M in total revenue.
Filing History
IRS 990 filing history for Rockstad Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Rockstad Foundation's revenue has grown by 274.9%, moving from $67K to $251K. Total assets decreased by 93.6% over the same period, from $1.8M to $118K. Total functional expenses rose by 125.2%, from $231K to $521K. In its most recent filing year (2023), Rockstad Foundation reported a deficit of $270K, with expenses exceeding revenue. The organization holds $8K in liabilities against $118K in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $251K | $521K | $118K | $8K | — | — |
| 2022 | $62K | $563K | $395K | $7K | — | View 990 |
| 2021 | $194K | $675K | $1.1M | $8K | — | — |
| 2020 | $68K | $395K | $1.6M | $8K | — | — |
| 2019 | $67K | $231K | $1.8M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $251K, expenses of $521K, and assets of $118K (revenue +303.3% year-over-year).
- 2022: Revenue of $62K, expenses of $563K, and assets of $395K (revenue -68.0% year-over-year).
- 2021: Revenue of $194K, expenses of $675K, and assets of $1.1M (revenue +184.5% year-over-year).
- 2020: Revenue of $68K, expenses of $395K, and assets of $1.6M (revenue +2.0% year-over-year).
- 2019: Revenue of $67K, expenses of $231K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rockstad Foundation:
Data Sources and Methodology
This transparency report for Rockstad 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.