Thomas Rutherfoord Foundation
Thomas Rutherfoord Foundation maintains strong asset base despite recent operating deficits and zero executive compensation.
EIN: 202057953 · Alexandria, VA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $20.7M |
| Transparency Score | 85/100 |
Is Thomas Rutherfoord Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thomas Rutherfoord Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thomas Rutherfoord Foundation
Thomas Rutherfoord Foundation (EIN: 202057953) is a nonprofit organization based in Alexandria, VA, classified under NTEE code T22. The organization reported total revenue of $3.6M and total assets of $20.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas Rutherfoord Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas Rutherfoord 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 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $931K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-152,486 |
| Total Assets | $20.7M |
| Total Liabilities | $30K |
| Net Assets | $20.7M |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 229.5 months |
Financial Health Grade: B
In 2023, Thomas Rutherfoord Foundation reported a deficit of $152K with expenses exceeding revenue, holds 229.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Thomas Rutherfoord Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.7% | -14.3% | +0.2% |
| 2022 | -53.4% | +17.0% | +0.1% |
| 2021 | +96.2% | +5.5% | +4.1% |
| 2020 | +8.3% | -10.4% | +1.6% |
| 2019 | +37.3% | -4.4% | +6.9% |
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 Thomas Rutherfoord Foundation 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, Thomas Rutherfoord 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 deficit of $152K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is highly commendable for an organization with assets nearing $20 million, suggesting a strong dedication to maximizing charitable impact.
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 Thomas Rutherfoord Foundation's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (202212 and 202312), potentially indicating reliance on asset drawdowns or investment income to cover operations.
Strengths
The following positive indicators were identified for Thomas Rutherfoord Foundation:
- Consistently reports 0% officer compensation, demonstrating excellent financial stewardship and commitment to mission.
- Maintains a substantial and stable asset base, exceeding $20 million in recent periods, providing long-term financial security.
- Consistent filing history over a decade, indicating good transparency and compliance with IRS regulations.
Frequently Asked Questions about Thomas Rutherfoord Foundation
Is Thomas Rutherfoord Foundation a legitimate charity?
Thomas Rutherfoord Foundation (EIN: 202057953) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.6M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Thomas Rutherfoord Foundation spend its money?
Thomas Rutherfoord Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Thomas Rutherfoord Foundation tax-deductible?
Thomas Rutherfoord Foundation is registered as a tax-exempt nonprofit (EIN: 202057953). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Thomas Rutherfoord Foundation CEO make?
Thomas Rutherfoord Foundation's highest-compensated officer earns $20 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Thomas Rutherfoord Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Thomas Rutherfoord 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 Thomas Rutherfoord Foundation located?
Thomas Rutherfoord Foundation is headquartered in Alexandria, Virginia and files with the IRS under EIN 202057953. It is classified under NTEE code T22.
How many years of IRS 990 filings does Thomas Rutherfoord Foundation have?
Thomas Rutherfoord 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 $3.6M in total revenue.
How does the foundation manage its investment portfolio to sustain its asset base given recent operating deficits?
The provided data shows that in 202212 and 202312, expenses exceeded revenue. With assets remaining robust at over $20 million, it suggests the foundation likely relies on investment income or capital gains from its substantial asset base to cover operational shortfalls and maintain its endowment.
What are the specific program areas or beneficiaries supported by the Thomas Rutherfoord Foundation?
The NTEE code T22 indicates the foundation is involved in 'Foundations, Grantmaking & Giving Services'. However, the provided data does not detail the specific types of programs or organizations that receive grants from the foundation.
What is the nature of the liabilities reported, such as the $29,500 in 202312?
The nature of the liabilities is not specified in the provided data. These could range from accounts payable to grants payable or other operational obligations.
Filing History
IRS 990 filing history for Thomas Rutherfoord Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Thomas Rutherfoord Foundation's revenue has grown by 152.4%, moving from $369K to $931K. Total assets increased by 8.3% over the same period, from $19.1M to $20.7M. Total functional expenses rose by 22.9%, from $881K to $1.1M. In its most recent filing year (2023), Thomas Rutherfoord Foundation reported a deficit of $152K, with expenses exceeding revenue. The organization holds $30K in liabilities against $20.7M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $20.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $931K | $1.1M | $20.7M | $30K | — | — |
| 2022 | $1.3M | $1.3M | $20.7M | $16K | — | View 990 |
| 2021 | $2.7M | $1.1M | $20.7M | $319K | — | View 990 |
| 2020 | $1.4M | $1.0M | $19.8M | $54K | — | View 990 |
| 2019 | $1.3M | $1.1M | $19.5M | $48K | — | View 990 |
| 2015 | $921K | $1.2M | $18.3M | $155K | — | View 990 |
| 2014 | $1.6M | $1.1M | $18.4M | $4K | — | View 990 |
| 2013 | $497K | $1.0M | $18.0M | $8K | — | View 990 |
| 2012 | $426K | $1.0M | $18.5M | $317 | — | View 990 |
| 2011 | $369K | $881K | $19.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $931K, expenses of $1.1M, and assets of $20.7M (revenue -25.7% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $20.7M (revenue -53.4% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.1M, and assets of $20.7M (revenue +96.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.0M, and assets of $19.8M (revenue +8.3% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $19.5M (revenue +37.3% year-over-year).
- 2015: Revenue of $921K, expenses of $1.2M, and assets of $18.3M (revenue -41.0% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.1M, and assets of $18.4M (revenue +214.0% year-over-year).
- 2013: Revenue of $497K, expenses of $1.0M, and assets of $18.0M (revenue +16.7% year-over-year).
- 2012: Revenue of $426K, expenses of $1.0M, and assets of $18.5M (revenue +15.4% year-over-year).
- 2011: Revenue of $369K, expenses of $881K, and assets of $19.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas Rutherfoord Foundation:
Data Sources and Methodology
This transparency report for Thomas Rutherfoord 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.