The Rob & Chasity Stewart Charitable Foundation
Small family foundation shows declining assets and fluctuating annual financial performance with no officer compensation.
EIN: 161758111 · Lincoln, NE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $9K |
| Program Spending | 90% |
| Net Assets | $104K |
| Transparency Score | 70/100 |
Is The Rob & Chasity Stewart Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Rob & Chasity Stewart Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Rob & Chasity Stewart Charitable Foundation
The Rob & Chasity Stewart Charitable Foundation (EIN: 161758111) is a nonprofit organization based in Lincoln, NE, classified under NTEE code T22. The organization reported total revenue of $34K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Rob & Chasity Stewart Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Rob & Chasity Stewart Charitable Foundation is a micro 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 23.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $9K |
| Surplus / Deficit | +$8K |
| Total Assets | $104K |
| Total Liabilities | $1 |
| Net Assets | $104K |
| Operating Margin | 48.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.1 months |
Financial Health Grade: A
In 2023, The Rob & Chasity Stewart Charitable Foundation reported a surplus of $8K with revenue exceeding expenses, holds 146.1 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), The Rob & Chasity Stewart Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 23.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.0% | -77.3% | +8.2% |
| 2022 | +4.7% | -24.1% | -4.1% |
| 2021 | -20.6% | +45.2% | -14.9% |
| 2020 | +74.3% | -11.0% | +5.5% |
| 2019 | +105.8% | +830.8% | -52.2% |
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 Rob & Chasity Stewart Charitable Foundation with a Mission Score of 70 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Rob & Chasity Stewart Charitable Foundation 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 surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is unpaid, which is highly favorable for ensuring donor funds are directed towards the mission rather than administrative salaries.
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 Rob & Chasity Stewart Charitable Foundation's IRS 990 filings:
- Significant long-term decline in assets (from $256,208 in 2011 to $89,157 currently)
- Expenses sometimes exceed revenue (e.g., $37,428 expenses on $33,368 revenue in 2022), indicating reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for The Rob & Chasity Stewart Charitable Foundation:
- Consistent 0% officer compensation, ensuring funds are not used for executive salaries.
- Minimal liabilities ($1 reported in recent years), indicating strong financial management of debt.
- Small administrative overhead, with a high proportion of expenses likely directed to programs.
Frequently Asked Questions about The Rob & Chasity Stewart Charitable Foundation
Is The Rob & Chasity Stewart Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Rob & Chasity Stewart Charitable Foundation (EIN: 161758111) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does The Rob & Chasity Stewart Charitable Foundation spend its money?
The Rob & Chasity Stewart Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Rob & Chasity Stewart Charitable Foundation tax-deductible?
The Rob & Chasity Stewart Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 161758111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Rob & Chasity Stewart Charitable Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), The Rob & Chasity Stewart Charitable Foundation 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 The Rob & Chasity Stewart Charitable Foundation located?
The Rob & Chasity Stewart Charitable Foundation is headquartered in Lincoln, Nebraska and files with the IRS under EIN 161758111. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Rob & Chasity Stewart Charitable Foundation have?
The Rob & Chasity Stewart Charitable Foundation 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 $34K in total revenue.
Is The Rob & Chasity Stewart Charitable Foundation a good charity?
The foundation exhibits strengths in its lack of officer compensation and minimal liabilities, suggesting efficient use of funds for its mission. However, its declining asset base and fluctuating revenue/expense patterns indicate potential long-term sustainability challenges. Its 'goodness' depends on the impact of its programs, which is not detailed in the financial data.
Why have the foundation's assets decreased significantly over time?
The foundation's assets have decreased from $256,208 in 2011 to $89,157 currently. This could be due to spending down its principal to fund programs, investment losses, or a combination of factors. Further investigation into its investment strategies and grantmaking history would be needed to fully understand this trend.
What is the primary focus of the foundation's programs?
Based on the NTEE Code T22, the foundation is categorized under 'Foundations & Fund Raising Organizations - Private Grantmaking Foundations'. The financial data alone does not specify the types of programs or beneficiaries it supports, only that it is a grantmaking entity.
Filing History
IRS 990 filing history for The Rob & Chasity Stewart Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Rob & Chasity Stewart Charitable Foundation's revenue has grown by 1188.7%, moving from $1K to $16K. Total assets decreased by 59.6% over the same period, from $256K to $104K. Total functional expenses rose by 509.5%, from $1K to $9K. In its most recent filing year (2023), The Rob & Chasity Stewart Charitable Foundation reported a surplus of $8K, with revenue exceeding expenses. The organization holds $1 in liabilities against $104K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $9K | $104K | $1 | — | — |
| 2022 | $33K | $37K | $96K | $1 | — | View 990 |
| 2021 | $32K | $49K | $100K | $1 | — | — |
| 2020 | $40K | $34K | $117K | $1 | — | View 990 |
| 2019 | $23K | $38K | $111K | $1 | — | — |
| 2015 | $11K | $4K | $232K | $1 | — | View 990 |
| 2014 | $14K | $5K | $225K | $1 | — | View 990 |
| 2013 | $12K | $2K | $215K | $1 | — | View 990 |
| 2012 | $22 | $50K | $206K | $1 | — | View 990 |
| 2011 | $1K | $1K | $256K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $9K, and assets of $104K (revenue -51.0% year-over-year).
- 2022: Revenue of $33K, expenses of $37K, and assets of $96K (revenue +4.7% year-over-year).
- 2021: Revenue of $32K, expenses of $49K, and assets of $100K (revenue -20.6% year-over-year).
- 2020: Revenue of $40K, expenses of $34K, and assets of $117K (revenue +74.3% year-over-year).
- 2019: Revenue of $23K, expenses of $38K, and assets of $111K (revenue +105.8% year-over-year).
- 2015: Revenue of $11K, expenses of $4K, and assets of $232K (revenue -22.8% year-over-year).
- 2014: Revenue of $14K, expenses of $5K, and assets of $225K (revenue +24.0% year-over-year).
- 2013: Revenue of $12K, expenses of $2K, and assets of $215K (revenue +52981.8% year-over-year).
- 2012: Revenue of $22, expenses of $50K, and assets of $206K (revenue -98.3% year-over-year).
- 2011: Revenue of $1K, expenses of $1K, and assets of $256K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Rob & Chasity Stewart Charitable Foundation:
Data Sources and Methodology
This transparency report for The Rob & Chasity Stewart Charitable 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.