Rosaleanas Community Developmentcenter Inc
Rosaleanas Community Developmentcenter Inc experiences significant revenue growth but consistently operates at a deficit.
EIN: 204906640 · Atlanta, GA · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $861K |
| Program Spending | 80% |
| Net Assets | $294K |
| Transparency Score | 75/100 |
Is Rosaleanas Community Developmentcenter Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rosaleanas Community Developmentcenter Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rosaleanas Community Developmentcenter Inc
Rosaleanas Community Developmentcenter Inc (EIN: 204906640) is a nonprofit organization based in Atlanta, GA, classified under NTEE code P20. The organization reported total revenue of $1.4M and total assets of $524K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rosaleanas Community Developmentcenter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rosaleanas Community Developmentcenter Inc is a mid-size nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2008–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $809K |
| Total Expenses | $861K |
| Surplus / Deficit | $-52,676 |
| Total Assets | $294K |
| Net Assets | $294K |
| Operating Margin | -6.5% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2023, Rosaleanas Community Developmentcenter Inc reported a deficit of $53K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +440.0% | +201.8% | +418.7% |
| 2022 | -35.3% | -24.3% | -81.3% |
| 2021 | -27.2% | +11.3% | +452.7% |
| 2020 | -17.2% | -12.9% | +604.0% |
| 2019 | +36.1% | +45.7% | -40.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Rosaleanas Community Developmentcenter Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Rosaleanas Community Developmentcenter Inc 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:
- The organization reported a deficit of $53K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for minimizing administrative overhead relative to the organization's size and revenue.
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 Rosaleanas Community Developmentcenter Inc's IRS 990 filings:
- Consistent operational deficits (e.g., $52,676 deficit in 2023, $135,584 deficit in 2022)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Rosaleanas Community Developmentcenter Inc:
- Significant revenue growth in recent years (e.g., from $149,734 in 2022 to $808,552 in 2023)
- Growing asset base (e.g., from $56,735 in 2022 to $294,268 in 2023)
- Consistently reports zero liabilities across all filings
- Zero officer compensation reported across all filings, indicating low executive overhead
Frequently Asked Questions about Rosaleanas Community Developmentcenter Inc
Is Rosaleanas Community Developmentcenter Inc a legitimate charity?
Rosaleanas Community Developmentcenter Inc (EIN: 204906640) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Rosaleanas Community Developmentcenter Inc spend its money?
Rosaleanas Community Developmentcenter Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rosaleanas Community Developmentcenter Inc tax-deductible?
Rosaleanas Community Developmentcenter Inc is registered as a tax-exempt nonprofit (EIN: 204906640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rosaleanas Community Developmentcenter Inc's spending goes to programs?
Rosaleanas Community Developmentcenter Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rosaleanas Community Developmentcenter Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Rosaleanas Community Developmentcenter Inc 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 Rosaleanas Community Developmentcenter Inc located?
Rosaleanas Community Developmentcenter Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 204906640. It is classified under NTEE code P20.
How many years of IRS 990 filings does Rosaleanas Community Developmentcenter Inc have?
Rosaleanas Community Developmentcenter Inc has 12 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 $1.4M in total revenue.
Is Rosaleanas Community Developmentcenter Inc a good charity?
The organization shows strong financial health in terms of assets and zero liabilities. Its consistent growth in revenue and assets, coupled with zero officer compensation, are positive indicators. However, the recurring operational deficits suggest a need for a sustainable funding strategy to cover expenses.
How has the organization's revenue changed over time?
Revenue has shown significant fluctuation but a strong upward trend in recent years, jumping from $149,734 in 2022 to $808,552 in 2023, and reaching a peak of $1,440,449 in its latest reported revenue.
What is the organization's financial stability?
The organization demonstrates good financial stability with growing assets and consistently reporting zero liabilities across all available filings, indicating a strong balance sheet. However, consistent operational deficits could pose long-term sustainability challenges if not addressed.
Does the organization pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all available periods, indicating that officers do not receive salaries from the organization.
Filing History
IRS 990 filing history for Rosaleanas Community Developmentcenter Inc showing financial trends over 12 years of public records:
Total assets increased by 29426700% over the same period, from $1 to $294K. In its most recent filing year (2023), Rosaleanas Community Developmentcenter Inc reported a deficit of $53K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $809K | $861K | $294K | $0 | — | — |
| 2022 | $150K | $285K | $57K | $0 | — | View 990 |
| 2021 | $232K | $377K | $304K | $0 | — | — |
| 2020 | $318K | $338K | $55K | $0 | — | View 990 |
| 2019 | $384K | $388K | $8K | $0 | — | View 990 |
| 2018 | $282K | $267K | $13K | $0 | — | View 990 |
| 2017 | $93K | $113K | $26K | $19K | — | View 990 |
| 2016 | $143K | $147K | $6K | $3K | — | View 990 |
| 2015 | $103K | $75K | $37K | $8K | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
| 2008 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $809K, expenses of $861K, and assets of $294K (revenue +440.0% year-over-year).
- 2022: Revenue of $150K, expenses of $285K, and assets of $57K (revenue -35.3% year-over-year).
- 2021: Revenue of $232K, expenses of $377K, and assets of $304K (revenue -27.2% year-over-year).
- 2020: Revenue of $318K, expenses of $338K, and assets of $55K (revenue -17.2% year-over-year).
- 2019: Revenue of $384K, expenses of $388K, and assets of $8K (revenue +36.1% year-over-year).
- 2018: Revenue of $282K, expenses of $267K, and assets of $13K (revenue +204.9% year-over-year).
- 2017: Revenue of $93K, expenses of $113K, and assets of $26K (revenue -35.2% year-over-year).
- 2016: Revenue of $143K, expenses of $147K, and assets of $6K (revenue +39.1% year-over-year).
- 2015: Revenue of $103K, expenses of $75K, and assets of $37K.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2008: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rosaleanas Community Developmentcenter Inc:
Data Sources and Methodology
This transparency report for Rosaleanas Community Developmentcenter 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.