The Robert Thomas Bobins Foundation
EIN: 261569990 · Chicago, IL · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $909K |
| Total Expenses | $683K |
| Net Assets | $3.0M |
Is The Robert Thomas Bobins Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Robert Thomas Bobins Foundation
The Robert Thomas Bobins Foundation (EIN: 261569990) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20. The organization reported total revenue of $909K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Robert Thomas Bobins Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Robert Thomas Bobins Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $249K |
| Total Expenses | $683K |
| Surplus / Deficit | $-434,317 |
| Total Assets | $3.0M |
| Total Liabilities | $1 |
| Net Assets | $3.0M |
| Operating Margin | -174.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 52.5 months |
Financial Health Grade: B
In 2023, The Robert Thomas Bobins Foundation reported a deficit of $434K with expenses exceeding revenue, holds 52.5 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 Robert Thomas Bobins Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.5% | +36.4% | -11.7% |
| 2022 | +199.7% | +19.1% | +4.6% |
| 2021 | -70.5% | -39.4% | -5.3% |
| 2020 | +163.7% | -6.9% | -1.0% |
| 2019 | -41.5% | +86.3% | +600.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Robert Thomas Bobins Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Robert Thomas Bobins Foundation with a Mission Score of 0 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $434K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Robert Thomas Bobins Foundation
Is The Robert Thomas Bobins Foundation a legitimate charity?
The Robert Thomas Bobins Foundation (EIN: 261569990) is a registered tax-exempt nonprofit based in Illinois. It has 10 years of IRS 990 filings on record. Total revenue: $909K. No red flags identified. Financial health grade: B.
How does The Robert Thomas Bobins Foundation spend its money?
The Robert Thomas Bobins Foundation reported $909K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Robert Thomas Bobins Foundation tax-deductible?
The Robert Thomas Bobins Foundation is registered as a tax-exempt nonprofit (EIN: 261569990). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Robert Thomas Bobins Foundation located?
The Robert Thomas Bobins Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 261569990. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Robert Thomas Bobins Foundation have?
The Robert Thomas Bobins 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 $909K in total revenue.
Filing History
IRS 990 filing history for The Robert Thomas Bobins Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Robert Thomas Bobins Foundation's revenue has declined by 40%, moving from $415K to $249K. Total assets increased by 1600% over the same period, from $176K to $3.0M. Total functional expenses rose by 93.5%, from $353K to $683K. In its most recent filing year (2023), The Robert Thomas Bobins Foundation reported a deficit of $434K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $249K | $683K | $3.0M | $1 | — | View 990 |
| 2022 | $614K | $501K | $3.4M | $1 | — | View 990 |
| 2021 | $205K | $420K | $3.2M | $1 | — | View 990 |
| 2020 | $694K | $694K | $3.4M | $1 | — | — |
| 2019 | $263K | $746K | $3.5M | $1 | — | View 990 |
| 2015 | $450K | $400K | $494K | $0 | — | View 990 |
| 2014 | $395K | $331K | $435K | $0 | — | View 990 |
| 2013 | $425K | $358K | $333K | $0 | — | View 990 |
| 2012 | $470K | $388K | $261K | $0 | — | View 990 |
| 2011 | $415K | $353K | $176K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $249K, expenses of $683K, and assets of $3.0M (revenue -59.5% year-over-year).
- 2022: Revenue of $614K, expenses of $501K, and assets of $3.4M (revenue +199.7% year-over-year).
- 2021: Revenue of $205K, expenses of $420K, and assets of $3.2M (revenue -70.5% year-over-year).
- 2020: Revenue of $694K, expenses of $694K, and assets of $3.4M (revenue +163.7% year-over-year).
- 2019: Revenue of $263K, expenses of $746K, and assets of $3.5M (revenue -41.5% year-over-year).
- 2015: Revenue of $450K, expenses of $400K, and assets of $494K (revenue +13.9% year-over-year).
- 2014: Revenue of $395K, expenses of $331K, and assets of $435K (revenue -7.1% year-over-year).
- 2013: Revenue of $425K, expenses of $358K, and assets of $333K (revenue -9.6% year-over-year).
- 2012: Revenue of $470K, expenses of $388K, and assets of $261K (revenue +13.3% year-over-year).
- 2011: Revenue of $415K, expenses of $353K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Robert Thomas Bobins Foundation:
Data Sources and Methodology
This transparency report for The Robert Thomas Bobins 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.