Rose Of Sharon Inc
Rose Of Sharon Inc consistently directs funds to programs, but faces recurring deficits.
EIN: 200347652 · Huntsville, AL · NTEE: K35 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $741K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1,099,648. |
| Net Assets | $79K |
| Transparency Score | 85/100 |
Is Rose Of Sharon Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rose Of Sharon Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rose Of Sharon Inc
Rose Of Sharon Inc (EIN: 200347652) is a nonprofit organization based in Huntsville, AL, classified under NTEE code K35. The organization reported total revenue of $1.1M and total assets of $131K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rose Of Sharon Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rose Of Sharon Inc is a mid-size nonprofit that has been operating for 16 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 23.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $635K |
| Total Expenses | $741K |
| Surplus / Deficit | $-106,060 |
| Total Assets | $88K |
| Total Liabilities | $10K |
| Net Assets | $79K |
| Operating Margin | -16.7% |
| Debt-to-Asset Ratio | 11.1% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2023, Rose Of Sharon Inc reported a deficit of $106K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 11.1% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Rose Of Sharon Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.1% | -16.7% | -52.8% |
| 2022 | +9.5% | +6.2% | +57.1% |
| 2021 | -2.0% | +19.6% | -39.8% |
| 2020 | +35.5% | +26.9% | +165.1% |
| 2019 | +135.5% | +101.6% | +128.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Of Sharon Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rose Of Sharon 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 $106K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all seven filings, indicating that the organization's leadership is either entirely volunteer-based or not compensated, which is highly efficient for an organization with latest revenue of $1,099,648.
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 Of Sharon Inc's IRS 990 filings:
- Recurring deficit spending (e.g., 2023 expenses $740,871 vs. revenue $634,811)
- Limited financial reserves relative to annual expenses ($130,892 assets vs. $740,871 expenses in 2023)
Strengths
The following positive indicators were identified for Rose Of Sharon Inc:
- Consistent 0% officer compensation across all filings
- Strong program focus (estimated 85% program spending)
- Low liabilities relative to assets (e.g., $9,850 liabilities vs. $88,479 assets in 2023)
- Positive long-term growth in revenue and assets since 2017
Frequently Asked Questions about Rose Of Sharon Inc
Is Rose Of Sharon Inc a legitimate charity?
Rose Of Sharon Inc (EIN: 200347652) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Rose Of Sharon Inc spend its money?
Rose Of Sharon Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rose Of Sharon Inc tax-deductible?
Rose Of Sharon Inc is registered as a tax-exempt nonprofit (EIN: 200347652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rose Of Sharon Inc CEO make?
Rose Of Sharon Inc's highest-compensated officer earns $1,099,648. annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rose Of Sharon Inc's spending goes to programs?
Rose Of Sharon Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rose Of Sharon Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rose Of Sharon Inc is above average for NTEE category K35 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rose Of Sharon Inc located?
Rose Of Sharon Inc is headquartered in Huntsville, Alabama and files with the IRS under EIN 200347652. It is classified under NTEE code K35.
How many years of IRS 990 filings does Rose Of Sharon Inc have?
Rose Of Sharon Inc has 7 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 $1.1M in total revenue.
Is Rose Of Sharon Inc a good charity?
Based on its consistent 0% officer compensation and likely high program spending (estimated 85%), Rose Of Sharon Inc appears to be a good charity, efficiently directing funds to its mission. However, recurring deficits in recent years (e.g., $740,871 expenses vs. $634,811 revenue in 2023) suggest a need for improved financial management to ensure long-term sustainability.
How does Rose Of Sharon Inc manage its executive compensation?
Rose Of Sharon Inc consistently reports 0% officer compensation in all its IRS 990 filings from 2017 to 2023, indicating that its top executives are not compensated, which is a strong indicator of financial efficiency and dedication to its mission.
What is the financial trend of Rose Of Sharon Inc?
Rose Of Sharon Inc has experienced fluctuating revenues and expenses, with a general upward trend in scale over the past seven years. However, it has frequently operated with expenses exceeding revenue in recent periods, such as in 2023 ($740,871 expenses vs. $634,811 revenue) and 2022 ($889,186 expenses vs. $836,213 revenue), which could pose a challenge to long-term financial stability if not addressed.
Are Rose Of Sharon Inc's assets sufficient?
The organization's latest assets of $130,892 are relatively modest compared to its annual expenses, which were $740,871 in 2023. This suggests limited financial reserves to cover operational costs for an extended period, indicating a need for careful financial planning and potentially increased fundraising for reserves.
Filing History
IRS 990 filing history for Rose Of Sharon Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Rose Of Sharon Inc's revenue has grown by 261.4%, moving from $176K to $635K. Total assets increased by 41.8% over the same period, from $62K to $88K. Total functional expenses rose by 406.7%, from $146K to $741K. In its most recent filing year (2023), Rose Of Sharon Inc reported a deficit of $106K, with expenses exceeding revenue. The organization holds $10K in liabilities against $88K in assets (debt-to-asset ratio: 11.1%), resulting in net assets of $79K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $635K | $741K | $88K | $10K | — | — |
| 2022 | $836K | $889K | $188K | $3K | — | View 990 |
| 2021 | $764K | $837K | $119K | $6K | — | View 990 |
| 2020 | $779K | $700K | $198K | $52K | — | View 990 |
| 2019 | $575K | $552K | $75K | $8K | — | View 990 |
| 2018 | $244K | $274K | $33K | $0 | — | View 990 |
| 2017 | $176K | $146K | $62K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $635K, expenses of $741K, and assets of $88K (revenue -24.1% year-over-year).
- 2022: Revenue of $836K, expenses of $889K, and assets of $188K (revenue +9.5% year-over-year).
- 2021: Revenue of $764K, expenses of $837K, and assets of $119K (revenue -2.0% year-over-year).
- 2020: Revenue of $779K, expenses of $700K, and assets of $198K (revenue +35.5% year-over-year).
- 2019: Revenue of $575K, expenses of $552K, and assets of $75K (revenue +135.5% year-over-year).
- 2018: Revenue of $244K, expenses of $274K, and assets of $33K (revenue +39.0% year-over-year).
- 2017: Revenue of $176K, expenses of $146K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rose Of Sharon Inc:
Data Sources and Methodology
This transparency report for Rose Of Sharon 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.