Rrw & Florence Berglund Family Fdtn
Rrw & Florence Berglund Family Fdtn maintains stable assets and reports no officer compensation.
EIN: 206126546 · Roseville, MN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $680K |
| Program Spending | 90% |
| Net Assets | $8.6M |
| Transparency Score | 85/100 |
Is Rrw & Florence Berglund Family Fdtn Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rrw & Florence Berglund Family Fdtn directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rrw & Florence Berglund Family Fdtn
Rrw & Florence Berglund Family Fdtn (EIN: 206126546) is a nonprofit organization based in Roseville, MN, classified under NTEE code T20. The organization reported total revenue of $4.0M and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rrw & Florence Berglund Family Fdtn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rrw & Florence Berglund Family Fdtn is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $349K |
| Total Expenses | $680K |
| Surplus / Deficit | $-331,257 |
| Total Assets | $8.6M |
| Total Liabilities | $1 |
| Net Assets | $8.6M |
| Operating Margin | -95.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 151.1 months |
Financial Health Grade: B
In 2023, Rrw & Florence Berglund Family Fdtn reported a deficit of $331K with expenses exceeding revenue, holds 151.1 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), Rrw & Florence Berglund Family Fdtn's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.0% | +4.3% | -3.7% |
| 2022 | -12.6% | -5.3% | +0.9% |
| 2021 | +12.1% | +14.9% | +1.9% |
| 2020 | -35.8% | -1.2% | +1.8% |
| 2019 | +56.5% | +4.8% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Rrw & Florence Berglund Family Fdtn 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: 90%
- fundraising: 0%
According to IRS 990 filings, Rrw & Florence Berglund Family Fdtn allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $331K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is unpaid, which is highly favorable for resource allocation and efficiency.
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 Rrw & Florence Berglund Family Fdtn's IRS 990 filings:
- Lack of detailed expense breakdown in summary data makes full spending efficiency assessment difficult.
Strengths
The following positive indicators were identified for Rrw & Florence Berglund Family Fdtn:
- Consistent 0% officer compensation, indicating efficient use of funds.
- Stable asset base, consistently around $8-9 million, suggesting long-term financial stability.
- Minimal liabilities ($1 across all periods), indicating a very strong balance sheet.
- NTEE code T20 (Private Grantmaking Foundations) suggests a clear focus on philanthropic giving.
Frequently Asked Questions about Rrw & Florence Berglund Family Fdtn
Is Rrw & Florence Berglund Family Fdtn a legitimate charity?
Rrw & Florence Berglund Family Fdtn (EIN: 206126546) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.0M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Rrw & Florence Berglund Family Fdtn spend its money?
Rrw & Florence Berglund Family Fdtn directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Rrw & Florence Berglund Family Fdtn tax-deductible?
Rrw & Florence Berglund Family Fdtn is registered as a tax-exempt nonprofit (EIN: 206126546). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Rrw & Florence Berglund Family Fdtn compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rrw & Florence Berglund Family Fdtn is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rrw & Florence Berglund Family Fdtn located?
Rrw & Florence Berglund Family Fdtn is headquartered in Roseville, Minnesota and files with the IRS under EIN 206126546. It is classified under NTEE code T20.
How many years of IRS 990 filings does Rrw & Florence Berglund Family Fdtn have?
Rrw & Florence Berglund Family Fdtn 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 $4.0M in total revenue.
What is the primary focus of the grants made by the Rrw & Florence Berglund Family Fdtn?
Based on the NTEE code T20 (Private Grantmaking Foundations), the organization's primary mission is to provide grants to other organizations or individuals. The specific areas of focus for these grants are not detailed in the provided financial summary but would be found in the full 990 filing.
How does the foundation manage its investment portfolio to generate revenue?
While the filings show fluctuating revenues, including a significant $4,008,475 in the latest period, the specific investment strategies or types of income (e.g., investment returns, contributions) are not detailed in this summary. Given its status as a private foundation with substantial assets, investment income is likely a key component of its revenue.
What is the typical annual grantmaking amount?
The provided data shows total expenses, but not a specific breakdown of grantmaking versus other administrative costs. For example, in 202312, expenses were $680,000. As a grantmaking foundation, a significant portion of this would be grants, but the exact amount requires reviewing the full 990, Part IX, Statement of Functional Expenses.
Filing History
IRS 990 filing history for Rrw & Florence Berglund Family Fdtn showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rrw & Florence Berglund Family Fdtn's revenue has grown by 2.4%, moving from $341K to $349K. Total assets increased by 13.2% over the same period, from $7.6M to $8.6M. Total functional expenses rose by 58.5%, from $429K to $680K. In its most recent filing year (2023), Rrw & Florence Berglund Family Fdtn reported a deficit of $331K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $349K | $680K | $8.6M | $1 | — | View 990 |
| 2022 | $742K | $652K | $8.9M | $1 | — | View 990 |
| 2021 | $849K | $688K | $8.8M | $1 | — | View 990 |
| 2020 | $757K | $599K | $8.7M | $1 | — | View 990 |
| 2019 | $1.2M | $606K | $8.5M | $1 | — | — |
| 2015 | $753K | $579K | $7.7M | $1 | — | View 990 |
| 2014 | $793K | $532K | $7.7M | $1 | — | View 990 |
| 2013 | $877K | $466K | $9.9M | $1 | — | View 990 |
| 2012 | $360K | $530K | $8.3M | $1 | — | View 990 |
| 2011 | $341K | $429K | $7.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $349K, expenses of $680K, and assets of $8.6M (revenue -53.0% year-over-year).
- 2022: Revenue of $742K, expenses of $652K, and assets of $8.9M (revenue -12.6% year-over-year).
- 2021: Revenue of $849K, expenses of $688K, and assets of $8.8M (revenue +12.1% year-over-year).
- 2020: Revenue of $757K, expenses of $599K, and assets of $8.7M (revenue -35.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $606K, and assets of $8.5M (revenue +56.5% year-over-year).
- 2015: Revenue of $753K, expenses of $579K, and assets of $7.7M (revenue -5.1% year-over-year).
- 2014: Revenue of $793K, expenses of $532K, and assets of $7.7M (revenue -9.6% year-over-year).
- 2013: Revenue of $877K, expenses of $466K, and assets of $9.9M (revenue +143.5% year-over-year).
- 2012: Revenue of $360K, expenses of $530K, and assets of $8.3M (revenue +5.7% year-over-year).
- 2011: Revenue of $341K, expenses of $429K, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rrw & Florence Berglund Family Fdtn:
Data Sources and Methodology
This transparency report for Rrw & Florence Berglund Family Fdtn 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.