Is Rannie Webster Foundation Legit?

Quick charity verification for Rannie Webster Foundation (EIN: 20331198)

Verdict: Rannie Webster Foundation appears trustworthy

85/100Mission Score
$22.5MRevenue
$24.9MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Rannie Webster Foundation demonstrates consistent financial activity over the past decade, with revenues and expenses generally increasing. In the latest period (202308), the organization reported revenues of $14,821,590 against expenses of $16,040,477, indicating a deficit for that year. This trend of expenses exceeding revenue is also observed in 202208 and 202008, suggesting a reliance on prior year surpluses or asset drawdowns. The foundation's assets have grown significantly over time, from $6,356,712 in 201408 to $19,999,546 in 202308, indicating a strong financial base despite recent operational deficits. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that officers are uncompensated, which is a positive indicator for donor confidence.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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