Samuel Rubin Foundation Inc
Samuel Rubin Foundation consistently grants from its endowment, showing declining assets and zero officer compensation.
EIN: 136164671 · Cambridge, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $752K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8.6 |
| Net Assets | $8.7M |
| Transparency Score | 85/100 |
Is Samuel Rubin Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Samuel Rubin Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Samuel Rubin Foundation Inc
Samuel Rubin Foundation Inc (EIN: 136164671) is a nonprofit organization based in Cambridge, MA. The organization reported total revenue of $4.3M and total assets of $8.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Samuel Rubin Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Samuel Rubin Foundation Inc is a mid-size nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $325K |
| Total Expenses | $752K |
| Surplus / Deficit | $-427,520 |
| Total Assets | $8.7M |
| Total Liabilities | $1 |
| Net Assets | $8.7M |
| Operating Margin | -131.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 138.4 months |
Financial Health Grade: B
In 2024, Samuel Rubin Foundation Inc reported a deficit of $428K with expenses exceeding revenue, holds 138.4 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 (2012–2024), Samuel Rubin Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -186.1% | -5.5% | -10.9% |
| 2022 | +48.8% | +4.6% | -3.7% |
| 2021 | -68.5% | +6.2% | -4.4% |
| 2020 | +116.3% | +3.4% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Samuel Rubin Foundation Inc 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, Samuel Rubin Foundation Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $428K, 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 organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a foundation of its asset size ($8.6 million in 2024).
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 Samuel Rubin Foundation Inc's IRS 990 filings:
- Consistent decline in assets over the past decade (from $11.4M in 2014 to $8.6M in 2024), though this is expected for a grant-making foundation spending down its endowment.
- Unusual consistent reporting of $1 in liabilities in recent years.
- Negative revenue reported in 2023 ($-351,792) without clear explanation in summary data.
Strengths
The following positive indicators were identified for Samuel Rubin Foundation Inc:
- Zero officer compensation reported across all filings, indicating highly efficient or volunteer-led governance.
- Substantial asset base ($8.6 million in 2024) supporting its grant-making activities.
- Consistent history of grant disbursements (expenses) over many years.
- Low liabilities, indicating strong financial solvency (excluding the unusual $1 entry).
Frequently Asked Questions about Samuel Rubin Foundation Inc
Is Samuel Rubin Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Samuel Rubin Foundation Inc (EIN: 136164671) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Samuel Rubin Foundation Inc spend its money?
Samuel Rubin Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Samuel Rubin Foundation Inc tax-deductible?
Samuel Rubin Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136164671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Samuel Rubin Foundation Inc CEO make?
Samuel Rubin Foundation Inc's highest-compensated officer earns $8.6 annually. The organization reported $4.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Samuel Rubin Foundation Inc located?
Samuel Rubin Foundation Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 136164671.
How many years of IRS 990 filings does Samuel Rubin Foundation Inc have?
Samuel Rubin Foundation 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 $4.3M in total revenue.
What is the specific breakdown of program vs. administrative expenses?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, making it difficult to precisely determine the allocation of funds beyond total expenses. However, given the nature of a grant-making foundation and zero officer compensation, it's reasonable to infer a high percentage of expenses are program-related.
Why does the organization consistently report $1 in liabilities?
The consistent reporting of $1 in liabilities across multiple recent filings (2021-2024) is unusual and could be a nominal placeholder or an accounting anomaly. Further investigation into the detailed financial statements would be needed to understand this specific entry.
What is the foundation's grant-making strategy or focus areas?
The provided IRS 990 summary data does not specify the foundation's grant-making strategy or the specific program areas it supports. This information would typically be found in the full 990 form's Schedule I or in the organization's public communications.
What caused the negative revenue reported in 2023?
The negative revenue of $-351,792 in 2023 could be due to investment losses, significant returns of prior year grants, or other non-operating adjustments. Without detailed financial statements, the exact cause cannot be determined from the summary data.
Filing History
IRS 990 filing history for Samuel Rubin Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Samuel Rubin Foundation Inc's revenue has declined by 33.7%, moving from $490K to $325K. Total assets decreased by 17.5% over the same period, from $10.5M to $8.7M. Total functional expenses fell by 13.2%, from $866K to $752K. In its most recent filing year (2024), Samuel Rubin Foundation Inc reported a deficit of $428K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $325K | $752K | $8.7M | $1 | — | — |
| 2023 | $-351,792 | $759K | $9.1M | $1 | — | View 990 |
| 2022 | $409K | $803K | $10.2M | $1 | — | View 990 |
| 2021 | $275K | $768K | $10.6M | $1 | — | View 990 |
| 2020 | $871K | $723K | $11.1M | $1 | — | View 990 |
| 2016 | $403K | $699K | $11.1M | $0 | — | View 990 |
| 2015 | $807K | $888K | $11.4M | $0 | — | View 990 |
| 2014 | $1.7M | $876K | $11.5M | $0 | — | View 990 |
| 2013 | $958K | $848K | $10.6M | $0 | — | View 990 |
| 2012 | $490K | $866K | $10.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $325K, expenses of $752K, and assets of $8.7M.
- 2023: Revenue of $-351,792, expenses of $759K, and assets of $9.1M (revenue -186.1% year-over-year).
- 2022: Revenue of $409K, expenses of $803K, and assets of $10.2M (revenue +48.8% year-over-year).
- 2021: Revenue of $275K, expenses of $768K, and assets of $10.6M (revenue -68.5% year-over-year).
- 2020: Revenue of $871K, expenses of $723K, and assets of $11.1M (revenue +116.3% year-over-year).
- 2016: Revenue of $403K, expenses of $699K, and assets of $11.1M (revenue -50.1% year-over-year).
- 2015: Revenue of $807K, expenses of $888K, and assets of $11.4M (revenue -52.4% year-over-year).
- 2014: Revenue of $1.7M, expenses of $876K, and assets of $11.5M (revenue +77.1% year-over-year).
- 2013: Revenue of $958K, expenses of $848K, and assets of $10.6M (revenue +95.6% year-over-year).
- 2012: Revenue of $490K, expenses of $866K, and assets of $10.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Samuel Rubin Foundation Inc:
Data Sources and Methodology
This transparency report for Samuel Rubin 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.