The Douglas And Gloria Rumberger Foundation
The Douglas And Gloria Rumberger Foundation maintains stable assets and zero officer compensation, indicating efficient grant-making operations.
EIN: 204049757 · Wilmington, DE · NTEE: T990 · Updated: 2026-03-28
Is The Douglas And Gloria Rumberger Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Douglas And Gloria Rumberger Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Douglas And Gloria Rumberger Foundation
The Douglas And Gloria Rumberger Foundation (EIN: 204049757) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T990. The organization reported total revenue of $1.6M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Douglas And Gloria Rumberger Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Douglas And Gloria Rumberger Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $328K |
| Total Expenses | $308K |
| Surplus / Deficit | +$20K |
| Total Assets | $5.4M |
| Total Liabilities | $1 |
| Net Assets | $5.4M |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 211.2 months |
Financial Health Grade: A
In 2023, The Douglas And Gloria Rumberger Foundation reported a surplus of $20K with revenue exceeding expenses, holds 211.2 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), The Douglas And Gloria Rumberger Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.1% | -10.3% | +0.4% |
| 2022 | -62.7% | +10.5% | -2.2% |
| 2021 | +228.9% | +6.3% | +5.4% |
| 2020 | -16.1% | -3.9% | -2.1% |
| 2019 | +30.0% | -2.3% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 The Douglas And Gloria Rumberger Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The Douglas And Gloria Rumberger Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation operates with volunteer leadership or very minimal, non-officer compensation, which is highly efficient for an organization of its asset size ($5.4 million in 2023).
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 The Douglas And Gloria Rumberger Foundation's IRS 990 filings:
- Limited public information on specific grant recipients or program details beyond 990 filings (common for private foundations).
Strengths
The following positive indicators were identified for The Douglas And Gloria Rumberger Foundation:
- Zero officer compensation reported across all filings, indicating extremely low administrative overhead.
- Consistent IRS 990 filing history, demonstrating good transparency.
- Stable asset base (over $5 million) providing a strong financial foundation.
- High efficiency in directing resources to programmatic activities due to minimal administrative costs.
Frequently Asked Questions about The Douglas And Gloria Rumberger Foundation
Is The Douglas And Gloria Rumberger Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Douglas And Gloria Rumberger Foundation (EIN: 204049757) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does The Douglas And Gloria Rumberger Foundation spend its money?
The Douglas And Gloria Rumberger Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Douglas And Gloria Rumberger Foundation tax-deductible?
The Douglas And Gloria Rumberger Foundation is registered as a tax-exempt nonprofit (EIN: 204049757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Douglas And Gloria Rumberger Foundation a good charity?
Based on the available data, the foundation appears to be a well-managed private foundation with a strong focus on its mission, evidenced by 0% officer compensation and consistent asset base. Its efficiency in directing resources to programs (likely grants) is very high.
What is the primary source of the foundation's revenue?
Given the nature of a private foundation and the fluctuating but consistent revenue streams alongside significant assets, the primary source of revenue is likely investment income from its endowment.
How has the foundation's asset base changed over time?
The foundation's assets have remained relatively stable, fluctuating between approximately $5.2 million and $6.1 million over the past decade, with $5,418,875 reported in 2023.
Filing History
IRS 990 filing history for The Douglas And Gloria Rumberger Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Douglas And Gloria Rumberger Foundation's revenue has grown by 249.4%, moving from $94K to $328K. Total assets decreased by 12.2% over the same period, from $6.2M to $5.4M. Total functional expenses fell by 2.6%, from $316K to $308K. In its most recent filing year (2023), The Douglas And Gloria Rumberger Foundation reported a surplus of $20K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $328K | $308K | $5.4M | $1 | — | View 990 |
| 2022 | $221K | $343K | $5.4M | $1 | — | View 990 |
| 2021 | $593K | $311K | $5.5M | $1 | — | View 990 |
| 2020 | $180K | $292K | $5.2M | $1 | — | View 990 |
| 2019 | $215K | $304K | $5.3M | $1 | — | View 990 |
| 2015 | $165K | $311K | $5.6M | $1 | — | View 990 |
| 2014 | $196K | $306K | $5.7M | $1 | — | View 990 |
| 2013 | $166K | $317K | $5.8M | $1 | — | View 990 |
| 2012 | $131K | $316K | $6.0M | $0 | — | View 990 |
| 2011 | $94K | $316K | $6.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $328K, expenses of $308K, and assets of $5.4M (revenue +48.1% year-over-year).
- 2022: Revenue of $221K, expenses of $343K, and assets of $5.4M (revenue -62.7% year-over-year).
- 2021: Revenue of $593K, expenses of $311K, and assets of $5.5M (revenue +228.9% year-over-year).
- 2020: Revenue of $180K, expenses of $292K, and assets of $5.2M (revenue -16.1% year-over-year).
- 2019: Revenue of $215K, expenses of $304K, and assets of $5.3M (revenue +30.0% year-over-year).
- 2015: Revenue of $165K, expenses of $311K, and assets of $5.6M (revenue -15.7% year-over-year).
- 2014: Revenue of $196K, expenses of $306K, and assets of $5.7M (revenue +18.3% year-over-year).
- 2013: Revenue of $166K, expenses of $317K, and assets of $5.8M (revenue +26.8% year-over-year).
- 2012: Revenue of $131K, expenses of $316K, and assets of $6.0M (revenue +39.4% year-over-year).
- 2011: Revenue of $94K, expenses of $316K, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Douglas And Gloria Rumberger Foundation:
Data Sources and Methodology
This transparency report for The Douglas And Gloria Rumberger 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.