Rose Family Foundation
Rose Family Foundation consistently spends more than it earns, relying on substantial assets.
EIN: 134016964 · Chapel Hill, NC · NTEE: T20Z · Updated: 2026-03-28
Is Rose Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rose Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rose Family Foundation
Rose Family Foundation (EIN: 134016964) is a nonprofit organization based in Chapel Hill, NC, classified under NTEE code T20Z. The organization reported total revenue of $1.2M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rose Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rose Family Foundation is a mid-size nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $368K |
| Surplus / Deficit | $-239,843 |
| Total Assets | $4.9M |
| Total Liabilities | $1 |
| Net Assets | $4.9M |
| Operating Margin | -187.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 161.2 months |
Financial Health Grade: B
In 2023, Rose Family Foundation reported a deficit of $240K with expenses exceeding revenue, holds 161.2 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), Rose Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | -21.5% | +12.6% |
| 2022 | -76.0% | +108.4% | -6.9% |
| 2021 | +23.9% | -20.4% | +8.7% |
| 2020 | +157.7% | +18.5% | +4.9% |
| 2019 | +3.9% | -38.3% | -8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Rose Family Foundation with a Mission Score of 85 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Rose Family Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $240K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly favorable for directing funds towards the foundation's mission.
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 Rose Family Foundation's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023 expenses $367,684 vs. revenue $127,841)
- Lack of detailed program vs. administrative spending breakdown in provided data
Strengths
The following positive indicators were identified for Rose Family Foundation:
- Substantial and stable asset base (e.g., $4,939,261 in 2023)
- Zero reported officer compensation across all filings, indicating high efficiency in executive costs
- Minimal liabilities, demonstrating strong financial health and low debt burden
- Consistent IRS 990 filing history, indicating transparency
Frequently Asked Questions about Rose Family Foundation
Is Rose Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rose Family Foundation (EIN: 134016964) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Rose Family Foundation spend its money?
Rose Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rose Family Foundation tax-deductible?
Rose Family Foundation is registered as a tax-exempt nonprofit (EIN: 134016964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Rose Family Foundation cover its operational deficits in years where expenses exceed revenue?
Given its substantial asset base (e.g., $4,939,261 in 2023), the foundation likely covers operational deficits through investment income, drawing from its endowment, or utilizing accumulated surpluses from prior years with higher revenues (e.g., $857,641 in 2012).
What is the primary purpose of the Rose Family Foundation's expenditures?
As a foundation (NTEE Code T20Z), its primary expenditures are typically grants and contributions to other organizations or individuals, aligning with its philanthropic mission, rather than direct program delivery.
Is the Rose Family Foundation financially sustainable given its spending patterns?
Yes, despite years where expenses exceed revenue, the foundation appears financially sustainable due to its robust asset base, which consistently exceeds $4 million, providing a strong buffer and potential for investment returns.
Filing History
IRS 990 filing history for Rose Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rose Family Foundation's revenue has declined by 64.5%, moving from $360K to $128K. Total assets increased by 15.7% over the same period, from $4.3M to $4.9M. Total functional expenses rose by 72.1%, from $214K to $368K. In its most recent filing year (2023), Rose Family Foundation reported a deficit of $240K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $368K | $4.9M | $1 | — | — |
| 2022 | $144K | $468K | $4.4M | $1 | — | View 990 |
| 2021 | $601K | $225K | $4.7M | $1 | — | View 990 |
| 2020 | $485K | $282K | $4.3M | $1 | — | View 990 |
| 2019 | $188K | $238K | $4.1M | $1 | — | — |
| 2015 | $181K | $386K | $4.5M | $0 | — | View 990 |
| 2014 | $282K | $356K | $4.7M | $0 | — | View 990 |
| 2013 | $330K | $513K | $4.6M | $0 | — | View 990 |
| 2012 | $858K | $287K | $4.8M | $0 | — | View 990 |
| 2011 | $360K | $214K | $4.3M | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $368K, and assets of $4.9M (revenue -11.4% year-over-year).
- 2022: Revenue of $144K, expenses of $468K, and assets of $4.4M (revenue -76.0% year-over-year).
- 2021: Revenue of $601K, expenses of $225K, and assets of $4.7M (revenue +23.9% year-over-year).
- 2020: Revenue of $485K, expenses of $282K, and assets of $4.3M (revenue +157.7% year-over-year).
- 2019: Revenue of $188K, expenses of $238K, and assets of $4.1M (revenue +3.9% year-over-year).
- 2015: Revenue of $181K, expenses of $386K, and assets of $4.5M (revenue -35.8% year-over-year).
- 2014: Revenue of $282K, expenses of $356K, and assets of $4.7M (revenue -14.4% year-over-year).
- 2013: Revenue of $330K, expenses of $513K, and assets of $4.6M (revenue -61.5% year-over-year).
- 2012: Revenue of $858K, expenses of $287K, and assets of $4.8M (revenue +138.4% year-over-year).
- 2011: Revenue of $360K, expenses of $214K, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rose Family Foundation:
Data Sources and Methodology
This transparency report for Rose 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.