The Roberto Foundation
The Roberto Foundation shows strong asset growth but inconsistent annual financial performance with 0% reported officer compensation.
EIN: 201688777 · Irvine, CA · NTEE: B21 · Updated: 2026-03-28
Is The Roberto Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Roberto Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Roberto Foundation
The Roberto Foundation (EIN: 201688777) is a nonprofit organization based in Irvine, CA, classified under NTEE code B21. The organization reported total revenue of $19.9M and total assets of $73.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Roberto Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Roberto Foundation is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $4.2M |
| Surplus / Deficit | $-1,742,551 |
| Total Assets | $65.9M |
| Total Liabilities | $3.5M |
| Net Assets | $62.4M |
| Operating Margin | -70.8% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 188.0 months |
Financial Health Grade: B
In 2023, The Roberto Foundation reported a deficit of $1.7M with expenses exceeding revenue, holds 188.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Roberto Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.2% | +291.8% | +12.3% |
| 2022 | -24.5% | -74.2% | -12.7% |
| 2021 | +93.9% | -35.0% | +9.5% |
| 2020 | -35.5% | +167.3% | +9.6% |
| 2019 | +96.6% | -32.4% | +37.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Roberto Foundation with a Mission Score of 75 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: 80%
- fundraising: 10%
According to IRS 990 filings, The Roberto Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.2%.
Executive Compensation Analysis
The Roberto Foundation consistently reports 0% officer compensation across all available IRS 990 filings, indicating either a fully volunteer-led executive team or a compensation structure that is not categorized as officer compensation, which is highly unusual for an organization with assets exceeding $65 million.
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 Roberto Foundation's IRS 990 filings:
- Inconsistent annual financial performance with significant deficits in multiple years (e.g., 2023, 2020, 2015) where expenses exceeded revenue.
- Unusually consistent 0% reported officer compensation for an organization with over $65 million in assets, which may obscure actual executive remuneration structures.
- Significant year-over-year fluctuations in expenses (e.g., $1,072,617 in 2022 to $4,202,536 in 2023) without clear explanation in the provided data.
Strengths
The following positive indicators were identified for The Roberto Foundation:
- Strong and consistent growth in assets, increasing from $27.5 million in 2011 to $65.8 million in 2023, indicating long-term financial stability.
- Consistent reporting of 0% officer compensation, suggesting a commitment to minimizing executive overhead or a reliance on volunteer leadership.
- Significant surpluses in multiple years (e.g., 2022, 2021, 2019, 2014) demonstrating capacity for effective revenue generation and expense management in those periods.
Frequently Asked Questions about The Roberto Foundation
Is The Roberto Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Roberto Foundation (EIN: 201688777) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does The Roberto Foundation spend its money?
The Roberto Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Roberto Foundation tax-deductible?
The Roberto Foundation is registered as a tax-exempt nonprofit (EIN: 201688777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Roberto Foundation a good charity?
Based on the available data, The Roberto Foundation demonstrates strong asset growth and a commendable 0% reported officer compensation, suggesting financial prudence and transparency in executive pay. However, its annual financial performance fluctuates, with some years showing significant deficits. A deeper dive into program spending versus administrative and fundraising costs would provide a more complete picture of its effectiveness.
Why does officer compensation consistently show 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size and asset base. It could indicate that executive leadership is entirely volunteer-based, or that compensation is structured in a way that is not reported under 'officer compensation' on the 990, such as through a related management entity or as contractor fees. This warrants further investigation for full transparency.
How has the organization's financial health changed over time?
The organization's financial health, as measured by assets, has significantly improved, growing from $27,556,161 in 2011 to $65,854,356 in 2023. However, annual revenue and expense figures show considerable volatility, with periods of both large surpluses and deficits, indicating inconsistent operational profitability year-to-year.
What caused the significant expense increase in 2023 compared to 2022?
In 2023, expenses were $4,202,536, a substantial increase from $1,072,617 in 2022. Without a detailed breakdown of spending categories, it's impossible to pinpoint the exact cause. This could be due to increased program activities, significant one-time investments, or higher administrative/fundraising costs. This fluctuation merits further scrutiny.
Filing History
IRS 990 filing history for The Roberto Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Roberto Foundation's revenue has grown by 0.6%, moving from $2.4M to $2.5M. Total assets increased by 139% over the same period, from $27.6M to $65.9M. Total functional expenses rose by 3091%, from $132K to $4.2M. In its most recent filing year (2023), The Roberto Foundation reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $65.9M in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $62.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $4.2M | $65.9M | $3.5M | — | — |
| 2022 | $5.4M | $1.1M | $58.7M | $2.3M | — | View 990 |
| 2021 | $7.1M | $4.2M | $67.2M | $4.5M | — | View 990 |
| 2020 | $3.7M | $6.4M | $61.3M | $4.1M | — | View 990 |
| 2019 | $5.7M | $2.4M | $55.9M | $594K | — | — |
| 2015 | $2.9M | $3.5M | $40.7M | $2.3M | — | View 990 |
| 2014 | $8.3M | $2.3M | $41.7M | $1.1M | — | View 990 |
| 2013 | $3.6M | $994K | $35.1M | $430K | — | View 990 |
| 2012 | $1.9M | $1.2M | $31.0M | $499K | — | View 990 |
| 2011 | $2.4M | $132K | $27.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $4.2M, and assets of $65.9M (revenue -54.2% year-over-year).
- 2022: Revenue of $5.4M, expenses of $1.1M, and assets of $58.7M (revenue -24.5% year-over-year).
- 2021: Revenue of $7.1M, expenses of $4.2M, and assets of $67.2M (revenue +93.9% year-over-year).
- 2020: Revenue of $3.7M, expenses of $6.4M, and assets of $61.3M (revenue -35.5% year-over-year).
- 2019: Revenue of $5.7M, expenses of $2.4M, and assets of $55.9M (revenue +96.6% year-over-year).
- 2015: Revenue of $2.9M, expenses of $3.5M, and assets of $40.7M (revenue -65.3% year-over-year).
- 2014: Revenue of $8.3M, expenses of $2.3M, and assets of $41.7M (revenue +133.0% year-over-year).
- 2013: Revenue of $3.6M, expenses of $994K, and assets of $35.1M (revenue +85.9% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.2M, and assets of $31.0M (revenue -21.3% year-over-year).
- 2011: Revenue of $2.4M, expenses of $132K, and assets of $27.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Roberto Foundation:
Data Sources and Methodology
This transparency report for The Roberto 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.