Long filing history (10 filings) shows consistent operation and transparency over time.
Spending Breakdown
How Irene Ritter 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 Irene Ritter Foundation
Is Irene Ritter Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Irene Ritter Foundation (EIN: 134090839) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is Irene Ritter Foundation a good charity to donate to?
Irene Ritter Foundation has a Mission Score of 92/100. Revenue: $4.4M. Assets: $7.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Irene Ritter Foundation?
The Employer Identification Number (EIN) for Irene Ritter Foundation is 134090839. 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 Irene Ritter Foundation spend its money?
Irene Ritter Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Irene Ritter Foundation's tax-exempt status?
You can verify Irene Ritter Foundation's tax-exempt status using EIN 134090839 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 Irene Ritter Foundation demonstrates a consistent financial profile with substantial assets relative to its annual revenue. While the latest reported revenue of $4,374,608 is significantly higher than previous years, the most recent filing (202311) shows a revenue of $170,187 against expenses of $652,230, indicating a deficit spending in that specific period. However, the organization has maintained a healthy asset base, growing from $5,230,756 in 2011 to $7,553,251 currently, suggesting effective asset management over the long term. The consistent reporting of $0 for officer compensation across all available filings indicates a high degree of financial transparency and a commitment to directing funds towards the mission rather than executive salaries.
The foundation's spending efficiency appears to be strong, particularly given the absence of executive compensation, which often consumes a significant portion of a nonprofit's budget. The consistent low liabilities (often $1) across most filings further underscores sound financial management and minimal debt burden. The NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves lower administrative overhead compared to direct service organizations. The significant increase in 'Latest Revenue' to $4,374,608, compared to the much lower revenues in individual filings, might indicate a large one-time donation or a different reporting period for the 'Latest Revenue' figure, which warrants further investigation for a complete picture of its financial health.
Overall, the Irene Ritter Foundation appears to be a financially stable organization with a strong commitment to transparency, particularly regarding executive compensation. Its growing asset base and minimal liabilities are positive indicators. The recent deficit spending in the 202311 period, while notable, does not appear to threaten its long-term solvency given its substantial assets. The lack of detailed expense breakdowns in the provided data prevents a precise calculation of program vs. administrative spending, but the absence of officer compensation is a strong positive for efficiency.