Roosevelt Warm Springs Foundation
Roosevelt Warm Springs Foundation shows recent operational deficits despite substantial assets and zero officer compensation.
EIN: 135562226 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $410K |
| Program Spending | 70% |
| Net Assets | $4.5M |
| Transparency Score | 75/100 |
Is Roosevelt Warm Springs Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roosevelt Warm Springs Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Roosevelt Warm Springs Foundation
Roosevelt Warm Springs Foundation (EIN: 135562226) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $3.5M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roosevelt Warm Springs Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roosevelt Warm Springs Foundation is a mid-size nonprofit that has been operating for 96 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $410K |
| Surplus / Deficit | $-303,512 |
| Total Assets | $4.5M |
| Total Liabilities | $60K |
| Net Assets | $4.5M |
| Operating Margin | -284.8% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 132.5 months |
Financial Health Grade: B
In 2023, Roosevelt Warm Springs Foundation reported a deficit of $304K with expenses exceeding revenue, holds 132.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Roosevelt Warm Springs Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.3% | +18.1% | +3.9% |
| 2022 | -38.8% | +0.6% | -27.3% |
| 2021 | +51.2% | +25.3% | +13.6% |
| 2020 | -9.7% | -30.3% | +9.6% |
| 2019 | +12.0% | +24.9% | +23.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1930 |
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 Roosevelt Warm Springs Foundation with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Roosevelt Warm Springs Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $304K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for minimizing 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 Roosevelt Warm Springs Foundation's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 202309 expenses $410,066 vs. revenue $106,554)
- Significant discrepancy between 'Latest Revenue' and annual 990 reported revenues, requiring clarification.
Strengths
The following positive indicators were identified for Roosevelt Warm Springs Foundation:
- Strong asset base ($5,847,989) providing financial stability.
- Consistent 0% officer compensation, indicating efficient use of funds at the executive level.
- Long filing history (9 filings) demonstrating consistent reporting.
Frequently Asked Questions about Roosevelt Warm Springs Foundation
Is Roosevelt Warm Springs Foundation a legitimate charity?
Roosevelt Warm Springs Foundation (EIN: 135562226) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $3.5M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Roosevelt Warm Springs Foundation spend its money?
Roosevelt Warm Springs Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Roosevelt Warm Springs Foundation tax-deductible?
Roosevelt Warm Springs Foundation is registered as a tax-exempt nonprofit (EIN: 135562226). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Roosevelt Warm Springs Foundation's spending goes to programs?
Roosevelt Warm Springs Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Roosevelt Warm Springs Foundation located?
Roosevelt Warm Springs Foundation is headquartered in Boston, Massachusetts and files with the IRS under EIN 135562226.
How many years of IRS 990 filings does Roosevelt Warm Springs Foundation have?
Roosevelt Warm Springs Foundation has 9 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 $3.5M in total revenue.
Is Roosevelt Warm Springs Foundation financially sustainable given recent operational deficits?
The organization has reported expenses exceeding revenue in several recent periods (e.g., 202309, 202209). While it possesses substantial assets ($5,847,989), this trend could impact long-term sustainability if not addressed, suggesting reliance on its asset base to cover operational costs.
What accounts for the large difference between 'Latest Revenue' ($3,472,620) and annual revenues in 990 filings (e.g., $106,554 in 202309)?
This significant discrepancy suggests a potential large one-time donation, a major grant, or a different reporting period for the 'Latest Revenue' figure compared to the annual 990 filings. Further investigation into the source and nature of this revenue would be necessary.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation implies that the organization's executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is highly unusual for an organization of its size and asset base.
Filing History
IRS 990 filing history for Roosevelt Warm Springs Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Roosevelt Warm Springs Foundation's revenue has declined by 74.6%, moving from $419K to $107K. Total assets increased by 15.4% over the same period, from $3.9M to $4.5M. Total functional expenses rose by 97.7%, from $207K to $410K. In its most recent filing year (2023), Roosevelt Warm Springs Foundation reported a deficit of $304K, with expenses exceeding revenue. The organization holds $60K in liabilities against $4.5M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $410K | $4.5M | $60K | — | View 990 |
| 2022 | $282K | $347K | $4.4M | $94K | — | View 990 |
| 2021 | $461K | $345K | $6.0M | $13K | — | View 990 |
| 2020 | $305K | $275K | $5.3M | $108K | — | — |
| 2019 | $338K | $395K | $4.8M | $108K | — | View 990 |
| 2014 | $302K | $317K | $3.9M | $192K | — | View 990 |
| 2013 | $15K | $183K | $3.8M | $107K | — | View 990 |
| 2012 | $253K | $134K | $4.0M | $60K | — | View 990 |
| 2011 | $419K | $207K | $3.9M | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $410K, and assets of $4.5M (revenue -62.3% year-over-year).
- 2022: Revenue of $282K, expenses of $347K, and assets of $4.4M (revenue -38.8% year-over-year).
- 2021: Revenue of $461K, expenses of $345K, and assets of $6.0M (revenue +51.2% year-over-year).
- 2020: Revenue of $305K, expenses of $275K, and assets of $5.3M (revenue -9.7% year-over-year).
- 2019: Revenue of $338K, expenses of $395K, and assets of $4.8M (revenue +12.0% year-over-year).
- 2014: Revenue of $302K, expenses of $317K, and assets of $3.9M (revenue +1963.4% year-over-year).
- 2013: Revenue of $15K, expenses of $183K, and assets of $3.8M (revenue -94.2% year-over-year).
- 2012: Revenue of $253K, expenses of $134K, and assets of $4.0M (revenue -39.6% year-over-year).
- 2011: Revenue of $419K, expenses of $207K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roosevelt Warm Springs Foundation:
Data Sources and Methodology
This transparency report for Roosevelt Warm Springs 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.