Roncelli Family Foundation
EIN: 832503894 · Sterling Heights, MI · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $323K |
| Total Expenses | $217K |
| Net Assets | $101K |
Is Roncelli Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Roncelli Family Foundation
Roncelli Family Foundation (EIN: 832503894) is a nonprofit organization based in Sterling Heights, MI, classified under NTEE code T12. The organization reported total revenue of $323K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roncelli Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roncelli Family Foundation is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $273K |
| Total Expenses | $217K |
| Surplus / Deficit | +$56K |
| Total Assets | $101K |
| Total Liabilities | $1 |
| Net Assets | $101K |
| Operating Margin | 20.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2023, Roncelli Family Foundation reported a surplus of $56K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Roncelli Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.4% | +39.5% | +123.5% |
| 2022 | -2.0% | +3.4% | +38.6% |
| 2021 | -2.1% | -11.7% | +180.3% |
| 2020 | +0.0% | -2.9% | +72.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Roncelli Family 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 Roncelli Family 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 surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Roncelli Family Foundation
Is Roncelli Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Roncelli Family Foundation (EIN: 832503894) insufficient data. 0 red flags identified, 0 strengths noted.
How does Roncelli Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Roncelli Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Roncelli Family Foundation tax-deductible?
Roncelli Family Foundation is registered as a tax-exempt nonprofit (EIN: 832503894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Roncelli Family Foundation located?
Roncelli Family Foundation is headquartered in Sterling Heights, Michigan and files with the IRS under EIN 832503894. It is classified under NTEE code T12.
How many years of IRS 990 filings does Roncelli Family Foundation have?
Roncelli Family 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 $323K in total revenue.
Filing History
IRS 990 filing history for Roncelli Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Roncelli Family Foundation's revenue has grown by 55.8%, moving from $175K to $273K. Total assets increased by 1394.3% over the same period, from $7K to $101K. Total functional expenses rose by 23.7%, from $175K to $217K. In its most recent filing year (2023), Roncelli Family Foundation reported a surplus of $56K, with revenue exceeding expenses. The organization holds $1 in liabilities against $101K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $101K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $273K | $217K | $101K | $1 | — | — |
| 2022 | $168K | $155K | $45K | $1 | — | View 990 |
| 2021 | $171K | $150K | $33K | $1 | — | View 990 |
| 2020 | $175K | $170K | $12K | $1 | — | — |
| 2019 | $175K | $175K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $273K, expenses of $217K, and assets of $101K (revenue +62.4% year-over-year).
- 2022: Revenue of $168K, expenses of $155K, and assets of $45K (revenue -2.0% year-over-year).
- 2021: Revenue of $171K, expenses of $150K, and assets of $33K (revenue -2.1% year-over-year).
- 2020: Revenue of $175K, expenses of $170K, and assets of $12K (revenue +0.0% year-over-year).
- 2019: Revenue of $175K, expenses of $175K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roncelli Family Foundation:
Data Sources and Methodology
This transparency report for Roncelli Family 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.