Roxie And Azad Joseph Foundation
Roxie And Azad Joseph Foundation consistently spends more than it earns, relying on its substantial asset base.
EIN: 202388760 · Reno, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $640K |
| Program Spending | 85% |
| Net Assets | $9.5M |
| Transparency Score | 75/100 |
Is Roxie And Azad Joseph Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Roxie And Azad Joseph Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Roxie And Azad Joseph Foundation
Roxie And Azad Joseph Foundation (EIN: 202388760) is a nonprofit organization based in Reno, NV, classified under NTEE code T22. The organization reported total revenue of $4.2M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roxie And Azad Joseph Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roxie And Azad Joseph Foundation is a mid-size nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $597K |
| Total Expenses | $640K |
| Surplus / Deficit | $-43,587 |
| Total Assets | $9.6M |
| Total Liabilities | $78K |
| Net Assets | $9.5M |
| Operating Margin | -7.3% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 179.0 months |
Financial Health Grade: B
In 2024, Roxie And Azad Joseph Foundation reported a deficit of $44K with expenses exceeding revenue, holds 179.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Roxie And Azad Joseph Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +48.2% | -3.3% | +0.4% |
| 2023 | -69.4% | -4.4% | -2.7% |
| 2022 | +389.0% | -8.0% | -1.6% |
| 2021 | -45.4% | +17.9% | -5.0% |
| 2020 | +67.8% | -15.2% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Roxie And Azad Joseph Foundation 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Roxie And Azad Joseph Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this asset size and suggests a volunteer-led or externally managed structure.
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 Roxie And Azad Joseph Foundation's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in most recent periods (e.g., 202404, 202304, 202104, 202004, 201604, 201504, 201304, 201204).
- Declining asset base over time, from a high of $10,663,049 in 201204 to $9,447,655 currently, indicating reliance on capital for operations.
Strengths
The following positive indicators were identified for Roxie And Azad Joseph Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds and dedication to mission.
- Substantial asset base of $9,447,655 provides long-term financial stability.
- Consistent IRS 990 filing history demonstrates good transparency and compliance.
Frequently Asked Questions about Roxie And Azad Joseph Foundation
Is Roxie And Azad Joseph Foundation a legitimate charity?
Roxie And Azad Joseph Foundation (EIN: 202388760) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $4.2M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Roxie And Azad Joseph Foundation spend its money?
Roxie And Azad Joseph Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Roxie And Azad Joseph Foundation tax-deductible?
Roxie And Azad Joseph Foundation is registered as a tax-exempt nonprofit (EIN: 202388760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Roxie And Azad Joseph Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Roxie And Azad Joseph Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Roxie And Azad Joseph Foundation located?
Roxie And Azad Joseph Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 202388760. It is classified under NTEE code T22.
How many years of IRS 990 filings does Roxie And Azad Joseph Foundation have?
Roxie And Azad Joseph Foundation has 11 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 $4.2M in total revenue.
How does the foundation sustain its operations given consistent revenue deficits?
The foundation sustains its operations by drawing down on its substantial asset base, which has consistently been over $9 million. For example, in 202404, expenses exceeded revenue by $43,587, and in 202304, by $259,389, indicating a reliance on its endowment.
What is the nature of the foundation's 'program' spending?
Given its NTEE code T22 (Private Grantmaking Foundations), the primary 'program' spending is likely in the form of grants and contributions made to other organizations or individuals, rather than direct service delivery.
Why is officer compensation consistently 0%?
The consistent 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or that any administrative functions are handled by external contractors or related entities, rather than salaried officers within the foundation itself.
Filing History
IRS 990 filing history for Roxie And Azad Joseph Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Roxie And Azad Joseph Foundation's revenue has declined by 9.4%, moving from $659K to $597K. Total assets decreased by 12.3% over the same period, from $10.9M to $9.6M. Total functional expenses rose by 9.4%, from $585K to $640K. In its most recent filing year (2024), Roxie And Azad Joseph Foundation reported a deficit of $44K, with expenses exceeding revenue. The organization holds $78K in liabilities against $9.6M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $597K | $640K | $9.6M | $78K | — | View 990 |
| 2023 | $403K | $662K | $9.5M | $1 | — | View 990 |
| 2022 | $1.3M | $693K | $9.8M | $1 | — | View 990 |
| 2021 | $269K | $753K | $9.9M | $785K | — | — |
| 2020 | $493K | $638K | $10.5M | $824K | — | View 990 |
| 2016 | $294K | $753K | $9.7M | $0 | — | View 990 |
| 2015 | $543K | $832K | $10.2M | $0 | — | View 990 |
| 2014 | $673K | $695K | $10.5M | $0 | — | View 990 |
| 2013 | $538K | $716K | $10.5M | $50K | — | View 990 |
| 2012 | $375K | $608K | $10.7M | $0 | — | View 990 |
| 2011 | $659K | $585K | $10.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $597K, expenses of $640K, and assets of $9.6M (revenue +48.2% year-over-year).
- 2023: Revenue of $403K, expenses of $662K, and assets of $9.5M (revenue -69.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $693K, and assets of $9.8M (revenue +389.0% year-over-year).
- 2021: Revenue of $269K, expenses of $753K, and assets of $9.9M (revenue -45.4% year-over-year).
- 2020: Revenue of $493K, expenses of $638K, and assets of $10.5M (revenue +67.8% year-over-year).
- 2016: Revenue of $294K, expenses of $753K, and assets of $9.7M (revenue -45.8% year-over-year).
- 2015: Revenue of $543K, expenses of $832K, and assets of $10.2M (revenue -19.4% year-over-year).
- 2014: Revenue of $673K, expenses of $695K, and assets of $10.5M (revenue +25.2% year-over-year).
- 2013: Revenue of $538K, expenses of $716K, and assets of $10.5M (revenue +43.4% year-over-year).
- 2012: Revenue of $375K, expenses of $608K, and assets of $10.7M (revenue -43.1% year-over-year).
- 2011: Revenue of $659K, expenses of $585K, and assets of $10.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roxie And Azad Joseph Foundation:
Data Sources and Methodology
This transparency report for Roxie And Azad Joseph 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.