Rooftop Foundation

Rooftop Foundation experiences significant financial deficit and asset decline in 2023 after periods of revenue growth.

EIN: 204970385 · Nashville, TN · NTEE: P20 · Updated: 2026-03-28

$893KRevenue
$158KAssets
70/100Mission Score (Good)
P20
Rooftop Foundation Financial Summary
MetricValue
Total Revenue$893K
Total Expenses$931K
Program Spending80%
Net Assets$150K
Transparency Score70/100

Search Intent Cockpit

Rooftop Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Rooftop Foundation 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 Rooftop Foundation in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $568K and expenses of $931K.

Revenue and Expenses

Rooftop Foundation reported $568K in revenue and $931K in expenses, a deficit of $363K.

Executive Compensation

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

Charity Score and Red Flags

70/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Rooftop Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 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
80%Program Expense
$0Grants Paid
13Stored 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

Rooftop Foundation Expense Deployment
Program services$745K (80%)

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

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Rooftop Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade C13 stored filing years
Peer contextCompare with Domino's Franchisee ForumTennessee and Human Services context

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Rooftop Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Rooftop Foundation

Rooftop Foundation (EIN: 204970385) is a nonprofit organization based in Nashville, TN, classified under NTEE code P20. The organization reported total revenue of $893K and total assets of $158K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rooftop Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Rooftop Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$568K
Total Expenses$931K
Surplus / Deficit$-362,724
Total Assets$150K
Net Assets$150K
Operating Margin-63.8%
Months of Reserves1.9 months

Financial Health Grade: C

In 2023, Rooftop Foundation reported a deficit of $363K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited).

Financial Trends

Over 13 years of filings (2011–2023), Rooftop Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-31.4%+34.7%-70.8%
2022+33.7%-7.1%+36.4%
2021-54.2%-43.1%-24.9%
2020+286.7%+333.6%+10.0%
2019+7.8%+8.0%+11.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

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

AI Transparency Report

Rooftop Foundation exhibits fluctuating financial performance over the past decade. While the organization has shown periods of strong revenue growth, such as the $1.35 million in 2020, it also experienced a significant deficit in 2023, with expenses of $930,986 exceeding revenue of $568,262. This recent deficit, coupled with a decrease in assets from $512,615 in 2022 to $149,891 in 2023, suggests a potential strain on financial health. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation towards its mission rather than executive pay. The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent lack of liabilities across multiple years, including $0 in 2022 and 2023, indicates sound financial management in terms of debt. The significant drop in assets in 2023 warrants further investigation to understand the underlying causes and its impact on long-term sustainability. In terms of transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public disclosure. The absence of officer compensation is a transparent practice that aligns with good governance. However, a more granular breakdown of expenses would enhance the ability to evaluate spending efficiency and program impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rooftop Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Rooftop Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$568KTotal Revenue
$931KTotal Expenses
$150KTotal Assets
$150KNet Assets
  • The organization reported a deficit of $363K, with expenses exceeding revenue.

Executive Compensation Analysis

Rooftop Foundation consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly favorable for a nonprofit of its 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 Rooftop Foundation's IRS 990 filings:

  • Significant deficit in 2023 (Expenses $930,986 vs. Revenue $568,262)
  • Substantial decline in assets from $512,615 in 2022 to $149,891 in 2023
  • Fluctuating revenue and expense patterns over the past decade, indicating potential instability

Strengths

The following positive indicators were identified for Rooftop Foundation:

  • Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for mission.
  • Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
  • Maintained low or zero liabilities for several years, indicating sound debt management.

Frequently Asked Questions about Rooftop Foundation

Is Rooftop Foundation a legitimate charity?

Rooftop Foundation (EIN: 204970385) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $893K. 3 red flags identified. 3 strengths noted. Financial health grade: C.

How does Rooftop Foundation spend its money?

Rooftop Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Rooftop Foundation tax-deductible?

Rooftop Foundation is registered as a tax-exempt nonprofit (EIN: 204970385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Rooftop Foundation's spending goes to programs?

Rooftop Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Rooftop Foundation compare to similar nonprofits?

With a transparency score of 70/100 (Good), Rooftop Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Rooftop Foundation located?

Rooftop Foundation is headquartered in Nashville, Tennessee and files with the IRS under EIN 204970385. It is classified under NTEE code P20.

How many years of IRS 990 filings does Rooftop Foundation have?

Rooftop Foundation 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 $893K in total revenue.

What caused the significant decrease in assets from $512,615 in 2022 to $149,891 in 2023?

The provided data does not specify the reasons for this substantial asset reduction. Further investigation into the 2023 IRS 990 filing's balance sheet and statement of functional expenses would be necessary to understand the specific transactions or losses that led to this decline.

How does Rooftop Foundation plan to address the $362,724 deficit incurred in 2023?

The data indicates a significant deficit in 2023 (Expenses $930,986 vs. Revenue $568,262). The organization's strategy to recover from this deficit and ensure future financial stability is not detailed in the provided summary.

What is the specific breakdown of program, administrative, and fundraising expenses for Rooftop Foundation?

The provided summary data does not offer a detailed breakdown of these expense categories. A full review of the IRS 990, Part IX (Statement of Functional Expenses), would be required to determine the exact percentages.

Filing History

IRS 990 filing history for Rooftop Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Rooftop Foundation's revenue has grown by 20.3%, moving from $472K to $568K. Total assets increased by 4.8% over the same period, from $143K to $150K. Total functional expenses rose by 99.1%, from $468K to $931K. In its most recent filing year (2023), Rooftop Foundation reported a deficit of $363K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $568K $931K $150K $0
2022 $828K $691K $513K $0
2021 $619K $744K $376K $182 View 990
2020 $1.4M $1.3M $500K $329
2019 $350K $302K $455K $995 View 990
2018 $325K $279K $407K $1K View 990
2017 $383K $320K $360K $71 View 990
2016 $371K $285K $297K $85 View 990
2015 $316K $266K $211K $150 View 990
2014 $204K $223K $162K $1K View 990
2013 $262K $251K $173K $75 View 990
2012 $299K $256K $165K $0 View 990
2011 $472K $468K $143K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $568K, expenses of $931K, and assets of $150K (revenue -31.4% year-over-year).
  • 2022: Revenue of $828K, expenses of $691K, and assets of $513K (revenue +33.7% year-over-year).
  • 2021: Revenue of $619K, expenses of $744K, and assets of $376K (revenue -54.2% year-over-year).
  • 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $500K (revenue +286.7% year-over-year).
  • 2019: Revenue of $350K, expenses of $302K, and assets of $455K (revenue +7.8% year-over-year).
  • 2018: Revenue of $325K, expenses of $279K, and assets of $407K (revenue -15.2% year-over-year).
  • 2017: Revenue of $383K, expenses of $320K, and assets of $360K (revenue +3.3% year-over-year).
  • 2016: Revenue of $371K, expenses of $285K, and assets of $297K (revenue +17.4% year-over-year).
  • 2015: Revenue of $316K, expenses of $266K, and assets of $211K (revenue +54.7% year-over-year).
  • 2014: Revenue of $204K, expenses of $223K, and assets of $162K (revenue -22.0% year-over-year).
  • 2013: Revenue of $262K, expenses of $251K, and assets of $173K (revenue -12.4% year-over-year).
  • 2012: Revenue of $299K, expenses of $256K, and assets of $165K (revenue -36.7% year-over-year).
  • 2011: Revenue of $472K, expenses of $468K, and assets of $143K.

View Individual Filing Years

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

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Rooftop 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.

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