Ross-ade Foundation
Only null% goes to programs Strong reserves Declining revenue
Ross-ade Foundation is a 501(c)(3) organization based in West Lafayette, Indiana, registered in 1936, with $3,154,823 in FY2024 revenue. CharityIndex grades it C+.
1281 Win Hentschel Blvd, West Lafayette, IN, 47906 EIN 35-6026021 Since 1936
Revenue (FY2024)
$3.2M
▼ 10.9% vs prior year
Education median: $200K
Expenses (FY2024)
$3.6M
Net assets
$3.4M
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 Ross-ade Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating11 mo reserves · -14% 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 Ross-ade Foundation: 11 mo reserves · -14% margin earns a C+ 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 Ross-ade Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Ross-ade Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1281 Win Hentschel Blvd, West Lafayette, IN, 47906
- City
- West Lafayette
- State
- Indiana
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue declined from $5.6M (FY2014) to $3.2M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $139.6MNet assets $3.4M
Operating margin
-13.7%
Spent more than it raised in the latest fiscal year.
Total assets
$143.0M
Total liabilities
$139.6M
Net assets
$3.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,154,823▼10.9% | $3,588,406▼0.7% | $3,399,765▼11.3% | $142,988,635▼9.3% | 990 |
| 2023 | $3,541,514▼9.1% | $3,613,321▼7.4% | $3,833,348▼1.8% | $157,723,408▼8.2% | 990 |
| 2022 | $3,897,624▼7.9% | $3,903,817▼11.5% | $3,905,155▼0.2% | $171,857,687▼7.5% | 990 |
| 2021 | $4,230,686▲34.1% | $4,413,188▲9.4% | $3,911,348▼4.5% | $185,779,035▼0.6% | 990 |
| 2020 | $3,154,582▼30.8% | $4,034,061▲286% | $4,093,850▼17.7% | $186,942,514▼0.6% | 990 |
| 2019 | $4,558,159▼24.3% | $1,046,164▼84.3% | $4,973,329▲240% | $188,086,708▼17.8% | 990 |
| 2018 | $6,021,975▲26.0% | $6,651,176▼0.2% | $1,461,334▼30.1% | $228,922,447▼5.0% | 990 |
| 2017 | $4,780,453▼48.2% | $6,665,135▼7.4% | $2,090,535▼47.4% | $240,865,140▲3.5% | 990 |
| 2016 | $9,229,824▲96.7% | $7,195,057▲52.3% | $3,975,217▲105% | $232,634,817▼0.4% | 990 |
| 2015 | $4,692,249▼16.9% | $4,724,510▼11.4% | $1,940,450▼1.6% | $233,476,345▲77.4% | 990 |
| 2014 | $5,645,242 | $5,333,823 | $1,972,711 | $131,593,220 | 990 |
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.
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Compare Ross-ade Foundation
Frequently asked questions
- Is Ross-ade Foundation a legitimate nonprofit?
- Yes. Ross-ade Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-6026021, based in West Lafayette, Indiana. Donations are tax-deductible.
- What is Ross-ade Foundation's EIN?
- Ross-ade Foundation's Employer Identification Number (EIN) is 35-6026021.
- How much revenue does Ross-ade Foundation report?
- Ross-ade Foundation reported $3,154,823 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ross-ade Foundation have?
- CharityIndex grades Ross-ade Foundation C+, based on financial health (reserves and operating margin).
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Data for Ross-ade Foundation (EIN 35-6026021) 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.