The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable
Chapman Charitable Foundation maintains stable assets with minimal expenses and no officer compensation.
EIN: 208233924 · Wakefield, RI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $296K |
| Total Expenses | $8K |
| Program Spending | 90% |
| Net Assets | $403K |
| Transparency Score | 85/100 |
Is The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable
The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable (EIN: 208233924) is a nonprofit organization based in Wakefield, RI, classified under NTEE code T22. The organization reported total revenue of $296K and total assets of $368K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable is a small nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $8K |
| Surplus / Deficit | +$16K |
| Total Assets | $403K |
| Total Liabilities | $1 |
| Net Assets | $403K |
| Operating Margin | 65.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 576.3 months |
Financial Health Grade: A
In 2022, The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable reported a surplus of $16K with revenue exceeding expenses, holds 576.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -68.2% | -31.2% | +4.1% |
| 2021 | +105.9% | -42.6% | +19.6% |
| 2015 | -280.5% | -1.2% | -11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all nine filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly efficient for an organization of its size.
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@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable's IRS 990 filings:
- Significant fluctuations and negative revenue in some years, potentially indicating volatile investment income.
Strengths
The following positive indicators were identified for The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable:
- Consistently low expenses, demonstrating efficient use of funds.
- Zero officer compensation across all reported periods, indicating a volunteer-driven or highly cost-effective leadership structure.
- Stable asset base, maintaining financial capacity for its charitable mission.
- Very low liabilities (consistently $0 or $1), indicating strong financial management and minimal debt.
Frequently Asked Questions about The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable
Is The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable a legitimate charity?
The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable (EIN: 208233924) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $296K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable spend its money?
The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable tax-deductible?
The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable is registered as a tax-exempt nonprofit (EIN: 208233924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable 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@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable located?
The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable is headquartered in Wakefield, Rhode Island and files with the IRS under EIN 208233924. It is classified under NTEE code T22.
How many years of IRS 990 filings does The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable have?
The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable has 9 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 $296K in total revenue.
What are the specific programs or grants funded by The Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable?
The provided data does not detail specific programs or grant recipients. As a private grantmaking foundation (NTEE T22), its primary activity would be issuing grants to other organizations or individuals, but the beneficiaries are not specified in this summary.
Why did the organization report negative revenue in some years, such as -$607 in 2019 and -$24,600 in 2015?
Negative revenue figures often indicate investment losses or significant adjustments to prior period revenues. For a foundation, investment performance can heavily influence annual revenue, and market downturns or revaluations could lead to such figures.
How does the organization manage to operate with such consistently low expenses, often below $20,000 annually?
The consistently low expenses, coupled with 0% officer compensation, suggest a very lean operational model, likely relying heavily on volunteer efforts for administration and management, or outsourcing minimal services.
Filing History
IRS 990 filing history for The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable's revenue has grown by 824.3%, moving from $3K to $24K. Total assets increased by 7.2% over the same period, from $376K to $403K. Total functional expenses fell by 59.2%, from $21K to $8K. In its most recent filing year (2022), The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable reported a surplus of $16K, with revenue exceeding expenses. The organization holds $1 in liabilities against $403K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $403K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $24K | $8K | $403K | $1 | — | — |
| 2021 | $76K | $12K | $387K | $1 | — | — |
| 2020 | $37K | $21K | $323K | $1 | — | — |
| 2019 | $-607 | $9K | $308K | $1 | — | View 990 |
| 2015 | $-24,600 | $20K | $329K | $0 | — | View 990 |
| 2014 | $14K | $20K | $373K | $1 | — | View 990 |
| 2013 | $20K | $20K | $379K | $0 | — | View 990 |
| 2012 | $24K | $20K | $380K | $0 | — | View 990 |
| 2011 | $3K | $21K | $376K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $24K, expenses of $8K, and assets of $403K (revenue -68.2% year-over-year).
- 2021: Revenue of $76K, expenses of $12K, and assets of $387K (revenue +105.9% year-over-year).
- 2020: Revenue of $37K, expenses of $21K, and assets of $323K.
- 2019: Revenue of $-607, expenses of $9K, and assets of $308K.
- 2015: Revenue of $-24,600, expenses of $20K, and assets of $329K (revenue -280.5% year-over-year).
- 2014: Revenue of $14K, expenses of $20K, and assets of $373K (revenue -31.4% year-over-year).
- 2013: Revenue of $20K, expenses of $20K, and assets of $379K (revenue -16.6% year-over-year).
- 2012: Revenue of $24K, expenses of $20K, and assets of $380K (revenue +815.4% year-over-year).
- 2011: Revenue of $3K, expenses of $21K, and assets of $376K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable:
Data Sources and Methodology
This transparency report for The@Mr And Mrs Robert N Chapman And Son Robert B Chapman Charitable 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.