Roop Family Foundation Inc
Roop Family Foundation consistently spends more than it earns, drawing down assets.
EIN: 205886802 · Colleyville, TX · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $845K |
| Program Spending | 85% |
| Net Assets | $8.9M |
| Transparency Score | 70/100 |
Is Roop Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roop Family Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Roop Family Foundation Inc
Roop Family Foundation Inc (EIN: 205886802) is a nonprofit organization based in Colleyville, TX, classified under NTEE code T22. The organization reported total revenue of $4.3M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roop Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roop Family Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $845K |
| Surplus / Deficit | $-689,201 |
| Total Assets | $8.9M |
| Total Liabilities | $1 |
| Net Assets | $8.9M |
| Operating Margin | -442.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 127.0 months |
Financial Health Grade: B
In 2023, Roop Family Foundation Inc reported a deficit of $689K with expenses exceeding revenue, holds 127.0 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), Roop Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.3% | -12.3% | -7.2% |
| 2022 | -53.0% | -4.0% | -2.8% |
| 2021 | +75.9% | -13.2% | +4.5% |
| 2020 | +54.9% | +46.4% | -3.3% |
| 2019 | -94.8% | +167.3% | -15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Roop Family Foundation Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Roop Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a deficit of $689K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officer salaries are paid, which is a strong positive for minimizing administrative overhead.
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 Roop Family Foundation Inc's IRS 990 filings:
- Consistent deficit spending: Expenses have exceeded revenue in most recent years (e.g., 2023 expenses $844,891 vs. revenue $155,690).
- Declining asset base: Assets have decreased from $11,575,460 in 2015 to $8,944,660 in 2023 due to spending more than earned.
Strengths
The following positive indicators were identified for Roop Family Foundation Inc:
- Zero officer compensation: No salaries paid to officers, indicating low administrative overhead in this area.
- Substantial asset base: Despite recent declines, the foundation still holds significant assets ($8,944,660 in 2023) to support its mission.
- Consistent IRS 990 filings: A history of 10 filings demonstrates transparency in reporting.
Frequently Asked Questions about Roop Family Foundation Inc
Is Roop Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Roop Family Foundation Inc (EIN: 205886802) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Roop Family Foundation Inc spend its money?
Roop Family Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Roop Family Foundation Inc tax-deductible?
Roop Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205886802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Roop Family Foundation Inc's spending goes to programs?
Roop Family Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Roop Family Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Roop Family Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Roop Family Foundation Inc located?
Roop Family Foundation Inc is headquartered in Colleyville, Texas and files with the IRS under EIN 205886802. It is classified under NTEE code T22.
How many years of IRS 990 filings does Roop Family Foundation Inc have?
Roop Family 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 $4.3M in total revenue.
Is Roop Family Foundation Inc. financially sustainable given its recent spending trends?
The foundation has consistently spent more than its revenue in recent years (e.g., $844,891 expenses vs. $155,690 revenue in 2023), leading to a decline in assets from $11,575,460 in 2015 to $8,944,660 in 2023. While it still holds substantial assets, this trend is not sustainable long-term without a change in revenue generation or spending.
What is the primary use of the foundation's funds?
As a Private Grantmaking Foundation (NTEE T22), its primary use of funds is likely making grants to other organizations. However, the provided data does not offer a detailed breakdown of program vs. administrative expenses to confirm this.
How does the lack of officer compensation impact the organization?
The 0% officer compensation reported across all filings indicates that the foundation is not paying salaries to its officers, which significantly reduces administrative overhead and suggests a high level of volunteer commitment or external management.
Filing History
IRS 990 filing history for Roop Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Roop Family Foundation Inc's revenue has grown by 81.1%, moving from $86K to $156K. Total assets increased by 602.1% over the same period, from $1.3M to $8.9M. Total functional expenses rose by 1098%, from $71K to $845K. In its most recent filing year (2023), Roop Family Foundation Inc reported a deficit of $689K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $845K | $8.9M | $1 | — | View 990 |
| 2022 | $685K | $963K | $9.6M | $1 | — | View 990 |
| 2021 | $1.5M | $1.0M | $9.9M | $1 | — | View 990 |
| 2020 | $828K | $1.2M | $9.5M | $1 | — | — |
| 2019 | $535K | $789K | $9.8M | $0 | — | View 990 |
| 2015 | $10.2M | $295K | $11.6M | $0 | — | View 990 |
| 2014 | $505K | $117K | $1.7M | $0 | — | View 990 |
| 2013 | $101K | $12K | $1.3M | $0 | — | View 990 |
| 2012 | $89K | $136K | $1.2M | $0 | — | View 990 |
| 2011 | $86K | $71K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $845K, and assets of $8.9M (revenue -77.3% year-over-year).
- 2022: Revenue of $685K, expenses of $963K, and assets of $9.6M (revenue -53.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.0M, and assets of $9.9M (revenue +75.9% year-over-year).
- 2020: Revenue of $828K, expenses of $1.2M, and assets of $9.5M (revenue +54.9% year-over-year).
- 2019: Revenue of $535K, expenses of $789K, and assets of $9.8M (revenue -94.8% year-over-year).
- 2015: Revenue of $10.2M, expenses of $295K, and assets of $11.6M (revenue +1919.1% year-over-year).
- 2014: Revenue of $505K, expenses of $117K, and assets of $1.7M (revenue +400.0% year-over-year).
- 2013: Revenue of $101K, expenses of $12K, and assets of $1.3M (revenue +14.0% year-over-year).
- 2012: Revenue of $89K, expenses of $136K, and assets of $1.2M (revenue +3.0% year-over-year).
- 2011: Revenue of $86K, expenses of $71K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roop Family Foundation Inc:
Data Sources and Methodology
This transparency report for Roop Family 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.