Robison Foundation: FY2020 Nonprofit Profile & Form 990 (EIN 27-4427303)

Revenue by fiscal year
FY2020	$51K
FY2021	$9K

Expenses by fiscal year
FY2020	$186K
FY2021	$379K

Net assets by fiscal year
FY2020	−$427K
FY2021	−$798K

Is it real?

No. The IRS revoked its tax exemption. Latest filing we have: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation

Adam Robinson

President

$0Pt VII · Sec A

See Robison Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers free monthly compliance training to prevent illegal online posts.

Questions for Robison Foundation

Tap to ask. Robison Foundation sees how many people are interested.

Your first name shows with your question. Robison Foundation answers here, for everyone.

1 program · $186K · in their own filed words · FY2020

01

Continued software development continued making the software program more robust and better able to serve the needs of the independent network marketer and notices sent out based on the information in the modules provided.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-4427303) · Dispute this line

$186Kprogram expense

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$51K

Ln 12

Gifts and grantsLn 1h$36K

Investment incomeLn 3$15K

Money outPt IX

$186K

Ln 25

Owns and owesPt X

−$427K

net assets · Ln 32

Cash and savingsLn 1–2$11K

Total assetsLn 16$419K

LiabilitiesLn 26$846K

PeoplePt VI, VII

1

listed · VII A

PaidVII A0

Voting boardVI 1a0

IndependentVI 1b0

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$36K

Investment incomeLn 3$15K

Total revenueLn 12$51K

Assets in detailPt X, end of year

CashLn 1$10K

SavingsLn 2$2K

Cash and savings togetherLn 1–2$11K

InvestmentsLn 11–13$10K

Intangible assetsLn 14$397K

Total assetsLn 16$419K

LiabilitiesLn 26$846K

Net assetsLn 32−$427K

OperationsPt I, VI

EmployeesI 50

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$176K	$11K
InvestmentsLn 11–13	$10K	$10K
Total assetsLn 16	$273K	$419K
LiabilitiesLn 26	$565K	$846K
Net assetsLn 32	−$292K	−$427K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Accounting feesLn 11c	$2K
Other fees for servicesLn 11g	$72K
Advertising and promotionLn 12	$18K
Information technologyLn 14	$4K
OccupancyLn 16	$28K
TravelLn 17	$18K
InterestLn 20	$45K
Total functional expensesLn 25	$186K	$0	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2021 LatestFiled with the IRS Apr 10, 2022	$9K	$379K	−$370K	−$798K	990 PDF
FY2020 ViewingFiled with the IRS Aug 6, 2021	$51K	$186K	−$135K	−$427K	990 PDF

Schedules filed Part IV

I · Grants O · Explanations

See the full FY2020 990

Part I · Summary $51,273 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $61,555$35,860

I-9 Program service revenue$0

I-10 Investment incomePrior year $49$15,413

I-11 Other revenuePrior year $4,209$0

I-12 Total revenuePrior year $65,813$51,273

I-13 Grants and similar amounts paidPrior year $155,083$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $26,131$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $189,698$186,324

I-18 Total expensesPrior year $370,912$186,324

I-19 Revenue less expensesPrior year −$305,099−$135,051

Part VI · Governance 5 to look at

VI-1a Voting members of the governing body0

VI-1b Independent voting members0

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

Part VIII · Statement of revenue $51,273 across 4 lines filed

VIII-1f All other contributions, gifts and grants$35,860

VIII-1h Total contributions, gifts and grants$35,860

VIII-3 Investment incomeRelated to mission $69$15,413

VIII-12 Total revenueRelated to mission $69$51,273

Part IX · Statement of functional expenses $186,324 across 7 lines filed

IX-11c Accounting fees$1,902

IX-11g Other fees for services$72,397

IX-12 Advertising and promotion$17,922

IX-14 Information technology$3,614

IX-16 Occupancy$27,550

IX-17 Travel$18,405

IX-20 Interest$44,534

IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$186,324

Part X · Balance sheet $418,978 assets, 12 lines filed

Net asset lines not itemized here account for −$427,418. See the IRS return.

X-1 Cash, non-interest-bearingStart of year $124,868$9,755

X-2 Savings and temporary cash investmentsStart of year $50,649$1,516

X-11 Publicly traded securitiesStart of year $10,027$10,477

X-14 Intangible assetsStart of year $87,229$397,230

X-16 Total assetsStart of year $272,773$418,978

X-17 Accounts payable and accrued expensesStart of year $8,719$19,269

X-22 Loans from officers and insiders$236,109

X-23 Secured mortgages and notes payableStart of year $556,421$500,000

X-24 Unsecured notes and loans payable$91,018

X-26 Total liabilitiesStart of year $565,140$846,396

X-32 Total net assets or fund balancesStart of year −$292,367−$427,418

X-33 Total liabilities and net assetsStart of year $272,773$418,978

Part XI · Reconciliation of net assets −$427,418 net assets at year end

XI-1 Total revenue$51,273

XI-2 Total expenses$186,324

XI-3 Revenue less expenses−$135,051

XI-4 Net assets at start of year−$292,367

XI-10 Net assets at end of year−$427,418

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

Robison Foundation FY2020 filing

Before you give