Robert Irvine Foundation Inc
Nonprofit profile at a glance
- EIN
- 465420676
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015, Form 990-N 2014
- Location
- Tampa, FL, USA
- Phone
- 8187367233
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $3,848,355
- Expenses
- $3,632,943
- Assets
- $2,119,021
- Liabilities
- $241,758
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- JUDITH OTTER (PRESIDENT)
Highest reported compensation
- CHARLES WILLIAMS (VP DIR OF PR): $130,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The robert irvine foundation is a not-for-profit entity and is tax exempt under 501(c) (3) of the internal revenue code (irc). The organization supports and strengthens the physical and mental well-being of our service members, veterans, first responders, and their families. We provide these heroes with life-changing opportunities that unlock the potential in their personal and professional lives through food, wellness, community, and financial support. Program 1. Wellness programs our wellness programs support the mental and physical well-being of america's injured, ill, aging, and wounded heroes and their families. These programs address both visible and invisible wounds of service, helping individuals heal, regain independence, and connect with others who understand their experiences. We provided 5 mobility devices to severely injured veterans, helping restore their independence, dignity, and mental well-being by enabling them to overcome physical barriers and navigate daily life wi
What it reported doing in 2024
Empowerment and community programs - see schedule o for full description
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 90
- Accountability: 95
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.9%; rating input score 85
- Program expense ratio: 89.9%; rating input score 90
- Fundraising efficiency: $18.23 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 98.2%; rating input score 98; 34th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.6%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 3.6%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 34.6% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 31.8% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 33.1% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 84.9% of revenue deployed · 89.9% of spending went to programs
- Governance: 8 of 8 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $3.3M in reported program spending
- Leadership: top reported pay $130K · 11 people listed
- Highest-paid contractors: 4 contractors listed · $511K reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 21 filed money-flow records
- Related organizations: 16 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 56/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Review — Sustainability: Operating margin scored 52/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.