Rona And Jeffrey Abramson Foundation
EIN: 454116761 · Rockville, MD · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $7.1M |
| Total Expenses | $4.5M |
| Net Assets | $44.4M |
Is Rona And Jeffrey Abramson Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rona And Jeffrey Abramson Foundation
Rona And Jeffrey Abramson Foundation (EIN: 454116761) is a nonprofit organization based in Rockville, MD, classified under NTEE code T23. The organization reported total revenue of $7.1M and total assets of $43.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rona And Jeffrey Abramson Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rona And Jeffrey Abramson Foundation is a mid-size nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 244.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-1,774,008 |
| Total Assets | $44.4M |
| Total Liabilities | $1 |
| Net Assets | $44.4M |
| Operating Margin | -64.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 118.1 months |
Financial Health Grade: B
In 2023, Rona And Jeffrey Abramson Foundation reported a deficit of $1.8M with expenses exceeding revenue, holds 118.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Rona And Jeffrey Abramson Foundation's revenue has grown at a compound annual growth rate (CAGR) of 244.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.0% | +43.9% | -4.4% |
| 2022 | -36.2% | +6.3% | -2.7% |
| 2021 | +81.2% | +34.4% | +0.2% |
| 2020 | -20.0% | -26.9% | -0.9% |
| 2019 | +60.7% | +21.4% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rona And Jeffrey Abramson 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 Rona And Jeffrey Abramson 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 $1.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Rona And Jeffrey Abramson Foundation
Is Rona And Jeffrey Abramson Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rona And Jeffrey Abramson Foundation (EIN: 454116761) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rona And Jeffrey Abramson Foundation spend its money?
Detailed spending breakdown data is not yet available for Rona And Jeffrey Abramson Foundation. Check back for updated IRS 990 analysis.
Are donations to Rona And Jeffrey Abramson Foundation tax-deductible?
Rona And Jeffrey Abramson Foundation is registered as a tax-exempt nonprofit (EIN: 454116761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rona And Jeffrey Abramson Foundation located?
Rona And Jeffrey Abramson Foundation is headquartered in Rockville, Maryland and files with the IRS under EIN 454116761. It is classified under NTEE code T23.
How many years of IRS 990 filings does Rona And Jeffrey Abramson Foundation have?
Rona And Jeffrey Abramson 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 $7.1M in total revenue.
Filing History
IRS 990 filing history for Rona And Jeffrey Abramson Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rona And Jeffrey Abramson Foundation's revenue has grown by 274357900%, moving from $1 to $2.7M. Total assets increased by 4444341500% over the same period, from $1 to $44.4M. In its most recent filing year (2023), Rona And Jeffrey Abramson Foundation reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $1 in liabilities against $44.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $44.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $4.5M | $44.4M | $1 | — | View 990 |
| 2022 | $2.0M | $3.1M | $46.5M | $1 | — | View 990 |
| 2021 | $3.1M | $3.0M | $47.8M | $27K | — | View 990 |
| 2020 | $1.7M | $2.2M | $47.7M | $82K | — | View 990 |
| 2019 | $2.1M | $3.0M | $48.1M | $31K | — | — |
| 2015 | $1.3M | $2.5M | $44.1M | $0 | — | View 990 |
| 2014 | $3.3M | $1.9M | $45.3M | $0 | — | View 990 |
| 2013 | $10.3M | $614K | $43.9M | $0 | — | View 990 |
| 2012 | $34.2M | $0 | $34.2M | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $4.5M, and assets of $44.4M (revenue +39.0% year-over-year).
- 2022: Revenue of $2.0M, expenses of $3.1M, and assets of $46.5M (revenue -36.2% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.0M, and assets of $47.8M (revenue +81.2% year-over-year).
- 2020: Revenue of $1.7M, expenses of $2.2M, and assets of $47.7M (revenue -20.0% year-over-year).
- 2019: Revenue of $2.1M, expenses of $3.0M, and assets of $48.1M (revenue +60.7% year-over-year).
- 2015: Revenue of $1.3M, expenses of $2.5M, and assets of $44.1M (revenue -60.2% year-over-year).
- 2014: Revenue of $3.3M, expenses of $1.9M, and assets of $45.3M (revenue -67.7% year-over-year).
- 2013: Revenue of $10.3M, expenses of $614K, and assets of $43.9M (revenue -69.8% year-over-year).
- 2012: Revenue of $34.2M, expenses of $0, and assets of $34.2M (revenue +3415319900.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rona And Jeffrey Abramson Foundation:
Data Sources and Methodology
This transparency report for Rona And Jeffrey Abramson 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.