Expenses generally managed within revenue, ensuring sustainability
Consistent IRS 990 filing history
Spending Breakdown
How David And Kim Rainbolt Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about David And Kim Rainbolt Foundation
Is David And Kim Rainbolt Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, David And Kim Rainbolt Foundation (EIN: 208018384) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is David And Kim Rainbolt Foundation a good charity to donate to?
David And Kim Rainbolt Foundation has a Mission Score of 85/100. Revenue: $54K. Assets: $800K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for David And Kim Rainbolt Foundation?
The Employer Identification Number (EIN) for David And Kim Rainbolt Foundation is 208018384. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does David And Kim Rainbolt Foundation spend its money?
David And Kim Rainbolt Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify David And Kim Rainbolt Foundation's tax-exempt status?
You can verify David And Kim Rainbolt Foundation's tax-exempt status using EIN 208018384 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The David And Kim Rainbolt Foundation appears to be a private foundation, as indicated by its consistent revenue sources and relatively stable asset base. Its financial health is stable, with assets growing from $747,996 in 2011 to $798,410 in 2023. The foundation consistently spends less than its revenue in most recent years, allowing for asset growth. For example, in 2023, revenue was $52,783 and expenses were $41,092, demonstrating a surplus.
Regarding spending efficiency, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess. However, as a private foundation, its primary function is typically grant-making, which would fall under program services. The organization reports 0% officer compensation across all filings, which is a positive indicator of efficient use of funds, as no funds are diverted to executive salaries.
Transparency is generally good, with consistent annual filings available. The low liabilities (consistently $1 or $0) suggest sound financial management and minimal debt. The NTEE code T22 (Private Grantmaking Foundations) aligns with the observed financial patterns, indicating its role as a funding entity rather than a direct service provider.