Rostrust Foundation
Rostrust Foundation's assets have declined by over 89% in 12 years due to consistent spending exceeding revenue.
EIN: 137111711 · Brooklyn, NY · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.1M |
| Program Spending | 80% |
| Net Assets | $729K |
| Transparency Score | 45/100 |
Is Rostrust Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rostrust Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rostrust Foundation
Rostrust Foundation (EIN: 137111711) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code T30. The organization reported total revenue of $2.3M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rostrust Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rostrust Foundation is a mid-size nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $738K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-344,625 |
| Total Assets | $733K |
| Total Liabilities | $4K |
| Net Assets | $729K |
| Operating Margin | -46.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 8.1 months |
Financial Health Grade: B
In 2024, Rostrust Foundation reported a deficit of $345K with expenses exceeding revenue, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Rostrust Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +429.4% | +298876.8% | -31.7% |
| 2023 | -58.6% | -100.0% | +14.9% |
| 2022 | -16.5% | +14.5% | -42.9% |
| 2021 | -8.0% | +18.5% | -23.5% |
| 2020 | +258.7% | -25.6% | -55.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Rostrust Foundation with a Mission Score of 45 out of 100 (Fair). 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, Rostrust Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $345K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-led or externally funded leadership structure, which is positive for minimizing overhead related to executive salaries.
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 Rostrust Foundation's IRS 990 filings:
- Consistent operating deficits: Expenses frequently exceed revenue, as seen in 8 out of 10 filings.
- Significant asset depletion: Assets declined from $6.8 million in 2012 to $0.7 million in 2024.
- Lack of detailed program spending: Without specific breakdowns, it's hard to assess the impact of funds.
- Unclear financial sustainability plan: The persistent deficits raise questions about long-term viability.
Strengths
The following positive indicators were identified for Rostrust Foundation:
- No reported officer compensation: Indicates a commitment to minimizing executive overhead.
- Consistent filing history: Demonstrates adherence to IRS reporting requirements.
Frequently Asked Questions about Rostrust Foundation
Is Rostrust Foundation a legitimate charity?
Rostrust Foundation (EIN: 137111711) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.3M. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Rostrust Foundation spend its money?
Rostrust Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rostrust Foundation tax-deductible?
Rostrust Foundation is registered as a tax-exempt nonprofit (EIN: 137111711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rostrust Foundation's spending goes to programs?
Rostrust Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rostrust Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Rostrust Foundation is near average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rostrust Foundation located?
Rostrust Foundation is headquartered in Brooklyn, New York and files with the IRS under EIN 137111711. It is classified under NTEE code T30.
How many years of IRS 990 filings does Rostrust Foundation have?
Rostrust 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 $2.3M in total revenue.
How does Rostrust Foundation plan to address its consistent operating deficits?
The organization has consistently spent more than its revenue in most years, leading to a significant depletion of its assets. A clear strategy for achieving financial sustainability is not evident from the provided data.
What are the specific program activities funded by Rostrust Foundation?
As a grantmaking foundation (NTEE T30), its primary activity is likely distributing grants. However, the filings do not provide detailed breakdowns of program expenditures, making it difficult to assess the impact or nature of its programs.
Why have the organization's assets decreased so dramatically over time?
Assets have fallen from $6,845,539 in 2012 to $733,118 in 2024, primarily because expenses have frequently exceeded revenue, requiring the foundation to draw down its principal to cover operational costs.
Is the latest reported revenue of $2,288,266 a sustainable trend?
The latest reported revenue figure is an aggregate and does not align with the individual filing periods provided, which show much lower annual revenues. Without more context, it's difficult to determine if this represents a new, sustainable trend or an anomaly.
Filing History
IRS 990 filing history for Rostrust Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Rostrust Foundation's revenue has grown by 87.4%, moving from $394K to $738K. Total assets decreased by 89.3% over the same period, from $6.8M to $733K. Total functional expenses rose by 328.4%, from $253K to $1.1M. In its most recent filing year (2024), Rostrust Foundation reported a deficit of $345K, with expenses exceeding revenue. The organization holds $4K in liabilities against $733K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $729K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $738K | $1.1M | $733K | $4K | — | View 990 |
| 2023 | $139K | $362 | $1.1M | $1 | — | View 990 |
| 2022 | $337K | $1.0M | $935K | $1 | — | View 990 |
| 2021 | $403K | $907K | $1.6M | $1 | — | — |
| 2020 | $438K | $766K | $2.1M | $1 | — | View 990 |
| 2016 | $122K | $1.0M | $4.8M | $25K | — | View 990 |
| 2015 | $499K | $914K | $5.8M | $67K | — | View 990 |
| 2014 | $200K | $697K | $6.3M | $208K | — | View 990 |
| 2013 | $414K | $581K | $6.7M | $208K | — | View 990 |
| 2012 | $394K | $253K | $6.8M | $208K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $738K, expenses of $1.1M, and assets of $733K (revenue +429.4% year-over-year).
- 2023: Revenue of $139K, expenses of $362, and assets of $1.1M (revenue -58.6% year-over-year).
- 2022: Revenue of $337K, expenses of $1.0M, and assets of $935K (revenue -16.5% year-over-year).
- 2021: Revenue of $403K, expenses of $907K, and assets of $1.6M (revenue -8.0% year-over-year).
- 2020: Revenue of $438K, expenses of $766K, and assets of $2.1M (revenue +258.7% year-over-year).
- 2016: Revenue of $122K, expenses of $1.0M, and assets of $4.8M (revenue -75.5% year-over-year).
- 2015: Revenue of $499K, expenses of $914K, and assets of $5.8M (revenue +149.6% year-over-year).
- 2014: Revenue of $200K, expenses of $697K, and assets of $6.3M (revenue -51.7% year-over-year).
- 2013: Revenue of $414K, expenses of $581K, and assets of $6.7M (revenue +5.0% year-over-year).
- 2012: Revenue of $394K, expenses of $253K, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rostrust Foundation:
Data Sources and Methodology
This transparency report for Rostrust 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.