Strong Rock Foundation Inc
Strong Rock Foundation Inc. consistently reports zero program expenses, raising questions about operational activities.
EIN: 205690130 · Locust Grove, GA · NTEE: T20 · Updated: 2026-03-28
About Strong Rock Foundation Inc
Strong Rock Foundation Inc (EIN: 205690130) is a nonprofit organization based in Locust Grove, GA, classified under NTEE code T20. The organization reported total revenue of $18.3M and total assets of $65.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Strong Rock Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Strong Rock Foundation Inc with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Strong Rock Foundation Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating no salaries or other compensation paid to officers, directors, trustees, or key employees.
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 Strong Rock Foundation Inc's IRS 990 filings:
- Consistent reporting of $0 expenses across all categories (program, admin, fundraising)
- Multiple years of negative revenue reported in IRS 990 filings
- Lack of transparency regarding operational activities due to zero expense reporting
- Significant assets with no clear indication of how they are being utilized for charitable purposes
Strengths
The following positive indicators were identified for Strong Rock Foundation Inc:
- No reported officer compensation, indicating no direct financial benefit to leadership from the organization's funds.
Frequently Asked Questions about Strong Rock Foundation Inc
How does Strong Rock Foundation Inc. operate without reporting any expenses?
The IRS 990 filings consistently show $0 in expenses for program services, management and general, and fundraising, making it unclear how the organization conducts its activities or incurs costs.
What is the nature of the negative revenue reported in multiple years?
Several years show negative revenue (e.g., $-1,392,879 in 2023, $-1,387,326 in 2021), which is an unusual financial event for a nonprofit and warrants further investigation into the source and accounting treatment of these figures.
How does the organization utilize its substantial assets of over $65 million?
With reported assets of $65,749,241 and no reported expenses, it is unclear how these assets are being deployed to further the organization's mission.
Filing History
IRS 990 filing history for Strong Rock Foundation Inc showing financial trends over 13 years of public records:
Total assets increased by 27.9% over the same period, from $50.3M to $64.3M. Total functional expenses fell by 100%, from $18K to $0. The organization holds $14.7M in liabilities against $64.3M in assets (debt-to-asset ratio: 22.9%), resulting in net assets of $49.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $-1,392,879 | $0 | $64.3M | $14.7M | — | — |
| 2022 | $12.9M | $0 | $66.0M | $15.1M | — | View 990 |
| 2021 | $-1,387,326 | $0 | $53.4M | $15.4M | — | View 990 |
| 2020 | $1.1M | $0 | $55.1M | $15.7M | — | View 990 |
| 2019 | $-1,331,897 | $0 | $54.5M | $16.2M | — | View 990 |
| 2018 | $-1,282,985 | $0 | $56.0M | $16.3M | — | View 990 |
| 2017 | $-1,332,754 | $10K | $57.5M | $16.5M | — | View 990 |
| 2016 | $-1,431,725 | $5K | $59.0M | $16.7M | — | View 990 |
| 2015 | $-1,541,361 | $160 | $55.0M | $11.3M | — | View 990 |
| 2014 | $-1,548,018 | $5K | $56.7M | $11.4M | — | View 990 |
| 2013 | $-1,544,515 | $5K | $58.3M | $11.5M | — | View 990 |
| 2012 | $8.2M | $13K | $60.0M | $11.6M | — | View 990 |
| 2011 | $-1,193,269 | $18K | $50.3M | $10.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-1,392,879, expenses of $0, and assets of $64.3M (revenue -110.8% year-over-year).
- 2022: Revenue of $12.9M, expenses of $0, and assets of $66.0M.
- 2021: Revenue of $-1,387,326, expenses of $0, and assets of $53.4M (revenue -224.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $0, and assets of $55.1M.
- 2019: Revenue of $-1,331,897, expenses of $0, and assets of $54.5M.
- 2018: Revenue of $-1,282,985, expenses of $0, and assets of $56.0M.
- 2017: Revenue of $-1,332,754, expenses of $10K, and assets of $57.5M.
- 2016: Revenue of $-1,431,725, expenses of $5K, and assets of $59.0M.
- 2015: Revenue of $-1,541,361, expenses of $160, and assets of $55.0M.
- 2014: Revenue of $-1,548,018, expenses of $5K, and assets of $56.7M.
- 2013: Revenue of $-1,544,515, expenses of $5K, and assets of $58.3M (revenue -118.8% year-over-year).
- 2012: Revenue of $8.2M, expenses of $13K, and assets of $60.0M.
- 2011: Revenue of $-1,193,269, expenses of $18K, and assets of $50.3M.
Data Sources and Methodology
This transparency report for Strong Rock 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.