Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc maintains stable assets but consistently spends more than it earns.
EIN: 20564309 · Wayne, NJ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $554K |
| Total Expenses | $131K |
| Program Spending | 80% |
| Net Assets | $2.0M |
| Transparency Score | 65/100 |
Is Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc (EIN: 20564309) is a nonprofit organization based in Wayne, NJ, classified under NTEE code T22. The organization reported total revenue of $554K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc is a small nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 47.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $131K |
| Surplus / Deficit | $-51,062 |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | -63.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 182.9 months |
Financial Health Grade: B
In 2023, Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc reported a deficit of $51K with expenses exceeding revenue, holds 182.9 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), Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc's revenue has grown at a compound annual growth rate (CAGR) of 47.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | -0.3% | -2.5% |
| 2022 | -40.4% | -5.1% | -2.0% |
| 2021 | +20.5% | +18.4% | +0.6% |
| 2020 | +76.1% | -4.9% | +0.4% |
| 2019 | +9100.0% | +15253.5% | +434981.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc with a Mission Score of 65 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: 80%
- fundraising: 5%
According to IRS 990 filings, Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $51K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees, which is a positive for financial stewardship.
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 Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in multiple recent years (e.g., 2023 expenses $130,972 vs. revenue $79,910).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc:
- Strong and stable asset base of approximately $2 million, indicating financial solvency.
- Consistently reports 0% officer compensation, demonstrating good governance regarding executive pay.
- Minimal liabilities ($1 in recent years), indicating a healthy balance sheet.
Frequently Asked Questions about Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc
Is Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc a legitimate charity?
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc (EIN: 20564309) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $554K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc spend its money?
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc tax-deductible?
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc is registered as a tax-exempt nonprofit (EIN: 20564309). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc's spending goes to programs?
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc 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 Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc located?
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc is headquartered in Wayne, New Jersey and files with the IRS under EIN 20564309. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc have?
Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc 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 $554K in total revenue.
What are the specific programs or grants funded by the organization?
The provided data does not detail the specific programs or grants funded by the Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc. As a private grantmaking foundation (NTEE T22), its primary activity is likely making grants to other organizations, but the beneficiaries are not specified.
What is the detailed breakdown of expenses beyond total expenses?
The provided IRS 990 summary data only offers total expenses. A detailed breakdown into program service expenses, management and general expenses, and fundraising expenses is not available, making it difficult to fully assess spending efficiency.
How does the organization cover its consistent operational deficits?
In recent years (e.g., 2023, 2022, 2019), the organization's expenses have exceeded its revenue. These deficits are likely covered by drawing from its substantial asset base, which has remained around $2 million, or from prior year accumulated contributions.
Filing History
IRS 990 filing history for Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc's revenue has grown by 10211%, moving from $775 to $80K. Total assets increased by 399103% over the same period, from $500 to $2.0M. Total functional expenses rose by 16799.6%, from $775 to $131K. In its most recent filing year (2023), Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc reported a deficit of $51K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $131K | $2.0M | $1 | — | View 990 |
| 2022 | $90K | $131K | $2.0M | $1 | — | View 990 |
| 2021 | $151K | $138K | $2.1M | $1 | — | — |
| 2020 | $126K | $117K | $2.1M | $1 | — | — |
| 2019 | $71K | $123K | $2.1M | $1 | — | View 990 |
| 2015 | $775 | $800 | $475 | $0 | — | View 990 |
| 2014 | $775 | $775 | $500 | $0 | — | View 990 |
| 2013 | $775 | $775 | $500 | $0 | — | — |
| 2012 | $775 | $775 | $500 | $0 | — | View 990 |
| 2011 | $775 | $775 | $500 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $131K, and assets of $2.0M (revenue -11.4% year-over-year).
- 2022: Revenue of $90K, expenses of $131K, and assets of $2.0M (revenue -40.4% year-over-year).
- 2021: Revenue of $151K, expenses of $138K, and assets of $2.1M (revenue +20.5% year-over-year).
- 2020: Revenue of $126K, expenses of $117K, and assets of $2.1M (revenue +76.1% year-over-year).
- 2019: Revenue of $71K, expenses of $123K, and assets of $2.1M (revenue +9100.0% year-over-year).
- 2015: Revenue of $775, expenses of $800, and assets of $475 (revenue +0.0% year-over-year).
- 2014: Revenue of $775, expenses of $775, and assets of $500 (revenue +0.0% year-over-year).
- 2013: Revenue of $775, expenses of $775, and assets of $500 (revenue +0.0% year-over-year).
- 2012: Revenue of $775, expenses of $775, and assets of $500 (revenue +0.0% year-over-year).
- 2011: Revenue of $775, expenses of $775, and assets of $500.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found Inc:
Data Sources and Methodology
This transparency report for Ruth Silverman Rosenbloom And Vic Rosenbloom Charitable Found 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.