Roscitt Family Foundation
Roscitt Family Foundation consistently directs all reported compensation to programs, maintaining a stable asset base despite fluctuating revenues.
EIN: 134201736 · Brick, NJ · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $598K |
| Total Expenses | $258K |
| Program Spending | 100% |
| Net Assets | $599K |
| Transparency Score | 95/100 |
Is Roscitt Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roscitt Family Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Roscitt Family Foundation
Roscitt Family Foundation (EIN: 134201736) is a nonprofit organization based in Brick, NJ, classified under NTEE code T21. The organization reported total revenue of $598K and total assets of $818K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roscitt Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roscitt Family Foundation is a small nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $284K |
| Total Expenses | $258K |
| Surplus / Deficit | +$26K |
| Total Assets | $599K |
| Total Liabilities | $1 |
| Net Assets | $599K |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 27.9 months |
Financial Health Grade: A
In 2023, Roscitt Family Foundation reported a surplus of $26K with revenue exceeding expenses, holds 27.9 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 (2012–2023), Roscitt Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.7% | -17.7% | +4.9% |
| 2022 | +48.1% | +11.8% | +3.0% |
| 2021 | +697.6% | +19.8% | -9.9% |
| 2020 | -92.9% | -0.5% | -23.9% |
| 2019 | +637.3% | +85.5% | +39.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Roscitt Family Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Roscitt Family Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 surplus of $26K, with revenue exceeding expenses.
- 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 highly unusual for an organization of its size and suggests all resources are directed to its mission or that officers are unpaid volunteers.
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 Roscitt Family Foundation's IRS 990 filings:
- Significant revenue fluctuations year-over-year, which could impact long-term planning if not managed with reserves.
Strengths
The following positive indicators were identified for Roscitt Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency and direct mission focus.
- Strong asset base and minimal liabilities, demonstrating financial stability.
- Consistent filing of IRS 990 forms over a decade, showing commitment to transparency.
- High program spending ratio, as implied by zero officer compensation and the nature of a private grantmaking foundation.
Frequently Asked Questions about Roscitt Family Foundation
Is Roscitt Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Roscitt Family Foundation (EIN: 134201736) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Roscitt Family Foundation spend its money?
Roscitt Family Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Roscitt Family Foundation tax-deductible?
Roscitt Family Foundation is registered as a tax-exempt nonprofit (EIN: 134201736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Roscitt Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Roscitt Family Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Roscitt Family Foundation located?
Roscitt Family Foundation is headquartered in Brick, New Jersey and files with the IRS under EIN 134201736. It is classified under NTEE code T21.
How many years of IRS 990 filings does Roscitt Family Foundation have?
Roscitt Family Foundation 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 $598K in total revenue.
Is the Roscitt Family Foundation a good charity?
Based on the available IRS 990 data, the Roscitt Family Foundation appears to be a very good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. Its program spending is high, and it maintains a healthy asset base with minimal liabilities.
How does the Roscitt Family Foundation manage its expenses?
The foundation manages its expenses efficiently, with total expenses in the 202306 period at $257,833 against revenues of $283,751. The consistent reporting of zero officer compensation suggests a highly lean operational model, with resources primarily allocated to programmatic activities.
What is the financial stability of the Roscitt Family Foundation?
The Roscitt Family Foundation demonstrates strong financial stability. Its assets have consistently been robust, ranging from $554,120 to $808,107 over the past five years, and it reports negligible liabilities ($0 or $1) across all filings, indicating a very healthy balance sheet.
Filing History
IRS 990 filing history for Roscitt Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Roscitt Family Foundation's revenue has grown by 9.7%, moving from $259K to $284K. Total assets increased by 67.6% over the same period, from $357K to $599K. Total functional expenses rose by 20.3%, from $214K to $258K. In its most recent filing year (2023), Roscitt Family Foundation reported a surplus of $26K, with revenue exceeding expenses. The organization holds $1 in liabilities against $599K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $599K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $284K | $258K | $599K | $1 | — | View 990 |
| 2022 | $325K | $313K | $571K | $1 | — | View 990 |
| 2021 | $219K | $280K | $554K | $1 | — | View 990 |
| 2020 | $28K | $234K | $615K | $1 | — | — |
| 2019 | $389K | $235K | $808K | $0 | — | View 990 |
| 2016 | $53K | $127K | $580K | $0 | — | View 990 |
| 2015 | $224K | $104K | $654K | $0 | — | View 990 |
| 2014 | $16K | $104K | $534K | $0 | — | View 990 |
| 2013 | $281K | $17K | $621K | $0 | — | View 990 |
| 2012 | $259K | $214K | $357K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $284K, expenses of $258K, and assets of $599K (revenue -12.7% year-over-year).
- 2022: Revenue of $325K, expenses of $313K, and assets of $571K (revenue +48.1% year-over-year).
- 2021: Revenue of $219K, expenses of $280K, and assets of $554K (revenue +697.6% year-over-year).
- 2020: Revenue of $28K, expenses of $234K, and assets of $615K (revenue -92.9% year-over-year).
- 2019: Revenue of $389K, expenses of $235K, and assets of $808K (revenue +637.3% year-over-year).
- 2016: Revenue of $53K, expenses of $127K, and assets of $580K (revenue -76.4% year-over-year).
- 2015: Revenue of $224K, expenses of $104K, and assets of $654K (revenue +1256.9% year-over-year).
- 2014: Revenue of $16K, expenses of $104K, and assets of $534K (revenue -94.1% year-over-year).
- 2013: Revenue of $281K, expenses of $17K, and assets of $621K (revenue +8.5% year-over-year).
- 2012: Revenue of $259K, expenses of $214K, and assets of $357K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roscitt Family Foundation:
Data Sources and Methodology
This transparency report for Roscitt 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.