Robert V Rasmussen Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Robert V Rasmussen Foundation is a 501(c)(3) organization based in Locust Valley, New York, registered in 1960, with $59,244 in FY2024 revenue. CharityIndex grades it C+.
31 Wellington Rd, Locust Valley, NY, 11560 EIN 36-6061918 Since 1960
Revenue (FY2024)
$59K
▲ 272.0% vs prior year
Expenses (FY2024)
$44K
Net assets
$383K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Robert V Rasmussen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating105 mo reserves · +26% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Robert V Rasmussen Foundation: 105 mo reserves · +26% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Robert V Rasmussen Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Robert V Rasmussen Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 31 Wellington Rd, Locust Valley, NY, 11560
- City
- Locust Valley
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $11K (FY2013) to $59K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $383K
Operating margin
26.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$383K
Total liabilities
$0
Net assets
$383K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $59,244▲272% | $43,575▲19.6% | $382,766▲4.3% | $382,766▲4.3% | 990PF |
| 2023 | $15,927▼60.8% | $36,424▼26.2% | $367,097▼5.3% | $367,097▼8.0% | 990PF |
| 2022 | $40,656▼15.4% | $49,341▲65.1% | $387,594▼2.2% | $399,165▲0.7% | 990PF |
| 2021 | $48,046▲70.6% | $29,887▼16.7% | $396,279▲4.8% | $396,279▲4.8% | 990PF |
| 2020 | $28,167▼48.6% | $35,862▼5.2% | $378,120▼2.0% | $378,120▼2.9% | 990PF |
| 2019 | $54,787▲132% | $37,825▼1.5% | $385,815▲4.6% | $389,329▲1.6% | 990PF |
| 2018 | $23,624▼41.3% | $38,393▲8.7% | $368,853▼3.8% | $383,186▼1.3% | 990PF |
| 2017 | $40,214▼36.3% | $35,326▼51.4% | $383,527▲0.4% | $388,114▲1.6% | 990PF |
| 2016 | $63,151▲74.8% | $72,630▲33.4% | $382,000▼1.4% | $382,000▼3.1% | 990PF |
| 2015 | $36,133▲243% | $54,444▲68.7% | $387,470▼4.9% | $394,191▼4.8% | 990PF |
| 2013 | $10,523 | $32,268▲39.7% | $407,387▼5.1% | $414,067▼3.5% | 990PF |
| 2012 | — | $23,101 | $429,132 | $429,132 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Robert V Rasmussen Foundation a legitimate nonprofit?
- Yes. Robert V Rasmussen Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-6061918, based in Locust Valley, New York. Donations are tax-deductible.
- What is Robert V Rasmussen Foundation's EIN?
- Robert V Rasmussen Foundation's Employer Identification Number (EIN) is 36-6061918.
- How much revenue does Robert V Rasmussen Foundation report?
- Robert V Rasmussen Foundation reported $59,244 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Robert V Rasmussen Foundation have?
- CharityIndex grades Robert V Rasmussen Foundation C+, based on financial health (reserves and operating margin).
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Data for Robert V Rasmussen Foundation (EIN 36-6061918) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.