Roxbury Community College Foundation Inc
Roxbury Community College Foundation: Strong Asset Growth, but Transparency Lacking on Program Spending
EIN: 222536037 · Roxbury, MA · NTEE: T11 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $357K |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $5.5M |
| Transparency Score | 75/100 |
Is Roxbury Community College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Roxbury Community College Foundation Inc
Roxbury Community College Foundation Inc (EIN: 222536037) is a nonprofit organization based in Roxbury, MA, classified under NTEE code T11. The organization reported total revenue of $2.9M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roxbury Community College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roxbury Community College Foundation Inc is a mid-size nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $357K |
| Surplus / Deficit | +$2.3M |
| Total Assets | $5.6M |
| Total Liabilities | $137K |
| Net Assets | $5.5M |
| Operating Margin | 86.7% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 188.3 months |
Financial Health Grade: A
In 2023, Roxbury Community College Foundation Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 188.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Roxbury Community College Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +785.1% | +573.1% | +84.2% |
| 2022 | -26.1% | -70.6% | -10.7% |
| 2021 | -31.5% | -52.0% | +36.6% |
| 2020 | +27.0% | +323.2% | +5.2% |
| 2019 | +18.3% | -85.2% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Roxbury Community College Foundation 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Roxbury Community College Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Executive Compensation Analysis
Executive compensation is not reported in the 990-EZ filings, indicating that no individual received more than $100,000 in reportable compensation from the organization.
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 Roxbury Community College Foundation Inc's IRS 990 filings:
- Consistent reporting of $0 for program service expenses across all available 990-EZ filings (e.g., 2023: $0, 2022: $0) is highly unusual for a foundation and suggests a lack of direct program expenditure or miscategorization.
- The significant 'other expenses' (e.g., $357,291 in 2023) without further detail in 990-EZ filings obscure the true nature of spending.
- The organization's primary function appears to be asset management and fundraising for Roxbury Community College, rather than direct program delivery, which is not explicitly clear from the filings.
Strengths
The following positive indicators were identified for Roxbury Community College Foundation Inc:
- Consistent growth in total assets, reaching $7,146,909 in 2023, demonstrates strong financial management and investment.
- The foundation maintains a healthy financial position with substantial assets relative to its revenue.
- Low liabilities reported across all years (e.g., $136,717 in 2023) indicate good financial health and minimal debt.
Frequently Asked Questions about Roxbury Community College Foundation Inc
Is Roxbury Community College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Roxbury Community College Foundation Inc (EIN: 222536037) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Roxbury Community College Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Roxbury Community College Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Roxbury Community College Foundation Inc tax-deductible?
Roxbury Community College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222536037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Roxbury Community College Foundation Inc CEO make?
Roxbury Community College Foundation Inc's highest-compensated officer earns $100,000 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Roxbury Community College Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Roxbury Community College Foundation Inc is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Roxbury Community College Foundation Inc located?
Roxbury Community College Foundation Inc is headquartered in Roxbury, Massachusetts and files with the IRS under EIN 222536037. It is classified under NTEE code T11.
How many years of IRS 990 filings does Roxbury Community College Foundation Inc have?
Roxbury Community College Foundation 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 $2.9M in total revenue.
What does Roxbury Community College Foundation Inc do?
Roxbury Community College Foundation Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Roxbury, Massachusetts. It is classified under NTEE code T11.
How much revenue does Roxbury Community College Foundation Inc have?
Roxbury Community College Foundation Inc reported total revenue of $2,918,912. Based on 12 IRS 990 filings on record.
What are Roxbury Community College Foundation Inc's total assets?
Roxbury Community College Foundation Inc holds total assets of $7,146,909 as reported in IRS 990 filings.
Where is Roxbury Community College Foundation Inc located?
Roxbury Community College Foundation Inc is based in Roxbury, Massachusetts.
What is Roxbury Community College Foundation Inc's EIN?
Roxbury Community College Foundation Inc's Employer Identification Number (EIN) is 222536037. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Roxbury Community College Foundation Inc?
Roxbury Community College Foundation Inc is classified under NTEE code T11 (Philanthropy, Voluntarism & Grantmaking).
Is Roxbury Community College Foundation Inc a registered 501(c)(3)?
Yes, Roxbury Community College Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222536037.
Does Roxbury Community College Foundation Inc file IRS Form 990?
Yes, Roxbury Community College Foundation Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Roxbury Community College Foundation Inc's revenue in 2023?
In the 202306 filing period, Roxbury Community College Foundation Inc reported total revenue of $2,693,260, total expenses of $357,291, and net assets of $5,607,010.
Is Roxbury Community College Foundation Inc's revenue growing or declining?
Roxbury Community College Foundation Inc's revenue is growing. Revenue went from $304,284 (202206) to $2,693,260 (202306), a +785.1% change. Based on 12 filings on record.
What is Roxbury Community College Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Roxbury Community College Foundation Inc covers tax period 202306. It shows revenue of $2,693,260, expenses of $357,291, total assets of $5,607,010, and liabilities of $136,717.
Is Roxbury Community College Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Roxbury Community College Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Roxbury Community College Foundation Inc?
The following concerns were identified: Consistent reporting of $0 for program service expenses across all available 990-EZ filings (e.g., 2023: $0, 2022: $0) is highly unusual for a foundation and suggests a lack of direct program expenditure or miscategorization.. The significant 'other expenses' (e.g., $357,291 in 2023) without further detail in 990-EZ filings obscure the true nature of spending.. The organization's primary function appears to be asset management and fundraising for Roxbury Community College, rather than direct program delivery, which is not explicitly clear from the filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Roxbury Community College Foundation Inc's strengths?
Positive indicators for Roxbury Community College Foundation Inc include: Consistent growth in total assets, reaching $7,146,909 in 2023, demonstrates strong financial management and investment.. The foundation maintains a healthy financial position with substantial assets relative to its revenue.. Low liabilities reported across all years (e.g., $136,717 in 2023) indicate good financial health and minimal debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Roxbury Community College Foundation Inc compensate executives?
Executive compensation is not reported in the 990-EZ filings, indicating that no individual received more than $100,000 in reportable compensation from the organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 in program service expenses, how does the Roxbury Community College Foundation directly fulfill its mission to support the college and its students, and where are these direct support expenditures accounted for?
The 990-EZ filings suggest the foundation primarily acts as a fundraising and asset-holding entity for Roxbury Community College. Direct support to the college or students (e.g., scholarships, grants) might be transferred as grants to the college itself, which would then disburse the funds. However, this transfer is not explicitly detailed as a program expense in the foundation's 990-EZ, making it difficult to track the ultimate programmatic impact directly from these filings.
What constitutes the 'other expenses' that consistently represent a significant portion of the foundation's expenditures, such as $357,291 in 2023, and why are these not further itemized?
The 990-EZ form has limited detail for expense categories. 'Other expenses' could encompass a wide range of administrative costs, professional fees, or indirect support costs not classified as fundraising. Without more detailed financial statements (e.g., audited financials), the specific nature of these substantial expenses remains unclear, hindering a full understanding of operational efficiency.
Filing History
IRS 990 filing history for Roxbury Community College Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Roxbury Community College Foundation Inc's revenue has grown by 406.3%, moving from $532K to $2.7M. Total assets increased by 57.2% over the same period, from $3.6M to $5.6M. Total functional expenses rose by 57.9%, from $226K to $357K. In its most recent filing year (2023), Roxbury Community College Foundation Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $137K in liabilities against $5.6M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $357K | $5.6M | $137K | — | — |
| 2022 | $304K | $53K | $3.0M | $6K | — | View 990 |
| 2021 | $412K | $181K | $3.4M | $17K | — | View 990 |
| 2020 | $601K | $377K | $2.5M | $968 | — | View 990 |
| 2019 | $473K | $89K | $2.4M | $0 | — | View 990 |
| 2018 | $400K | $604K | $2.6M | $179K | — | View 990 |
| 2017 | $195K | $490K | $2.8M | $20K | — | View 990 |
| 2016 | $330K | $1.2M | $2.8M | $18K | — | View 990 |
| 2015 | $304K | $126K | $3.9M | $29K | — | View 990 |
| 2014 | $444K | $188K | $3.8M | $56K | — | View 990 |
| 2013 | $409K | $504K | $3.5M | $172K | — | View 990 |
| 2012 | $532K | $226K | $3.6M | $143K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $357K, and assets of $5.6M (revenue +785.1% year-over-year).
- 2022: Revenue of $304K, expenses of $53K, and assets of $3.0M (revenue -26.1% year-over-year).
- 2021: Revenue of $412K, expenses of $181K, and assets of $3.4M (revenue -31.5% year-over-year).
- 2020: Revenue of $601K, expenses of $377K, and assets of $2.5M (revenue +27.0% year-over-year).
- 2019: Revenue of $473K, expenses of $89K, and assets of $2.4M (revenue +18.3% year-over-year).
- 2018: Revenue of $400K, expenses of $604K, and assets of $2.6M (revenue +105.0% year-over-year).
- 2017: Revenue of $195K, expenses of $490K, and assets of $2.8M (revenue -40.9% year-over-year).
- 2016: Revenue of $330K, expenses of $1.2M, and assets of $2.8M (revenue +8.8% year-over-year).
- 2015: Revenue of $304K, expenses of $126K, and assets of $3.9M (revenue -31.6% year-over-year).
- 2014: Revenue of $444K, expenses of $188K, and assets of $3.8M (revenue +8.4% year-over-year).
- 2013: Revenue of $409K, expenses of $504K, and assets of $3.5M (revenue -23.1% year-over-year).
- 2012: Revenue of $532K, expenses of $226K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roxbury Community College Foundation Inc:
Data Sources and Methodology
This transparency report for Roxbury Community College Foundation 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.