Quick charity verification for Ramapo Trust (EIN: 136594279)
Verdict: Ramapo Trust shows mixed signals
65/100Mission Score
$21.8MRevenue
$63.6MAssets
3Red Flags
3Strengths
Red Flags
Significant deficit in 2023, with expenses ($7,200,264) nearly five times revenue ($1,448,386).
Increase in liabilities to over $10 million in 2023, the highest in the past decade.
Lack of NTEE code makes it difficult to benchmark against similar organizations or understand specific programmatic focus.
Strengths
Substantial and stable asset base, consistently above $62 million over the past decade, indicating long-term financial stability.
Consistent filing of IRS 990s for over a decade, demonstrating regulatory compliance and transparency.
No reported officer compensation across all filings, suggesting very low executive overhead.
Spending Breakdown
How Ramapo Trust allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Ramapo Trust
Is Ramapo Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Ramapo Trust (EIN: 136594279) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Ramapo Trust a good charity to donate to?
Ramapo Trust has a Mission Score of 65/100. Revenue: $21.8M. Assets: $63.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ramapo Trust?
The Employer Identification Number (EIN) for Ramapo Trust is 136594279. 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 Ramapo Trust spend its money?
Ramapo Trust allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ramapo Trust's tax-exempt status?
You can verify Ramapo Trust's tax-exempt status using EIN 136594279 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
Ramapo Trust exhibits a generally stable financial position with substantial assets, consistently above $62 million over the past decade, peaking at $67.8 million in 2022. However, the organization's financial health shows some volatility in recent years. In the 2023 fiscal period, expenses significantly outstripped revenue ($7,200,264 in expenses vs. $1,448,386 in revenue), leading to a substantial deficit. This contrasts sharply with prior years, such as 2022 and 2021, where revenues comfortably exceeded expenses. The organization's liabilities have also fluctuated, reaching a high of over $10 million in 2023, which warrants attention.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the absence of reported officer compensation across all filings suggests a potential for high efficiency in executive overhead, or that compensation is structured differently and not reported under 'Officer Comp'. The significant deficit in 2023, where expenses were nearly five times revenue, raises concerns about the sustainability of current spending patterns if this trend continues.
Transparency regarding executive compensation appears high, with 0% reported for officer compensation across all available filings. However, the lack of NTEE code and detailed expense breakdowns limits a comprehensive assessment of program focus and operational transparency. The consistent filing of IRS 990s over a decade demonstrates a commitment to regulatory compliance, which is a positive indicator of transparency.