Is Raylign Well Being Foundation Legit?

Quick charity verification for Raylign Well Being Foundation (EIN: 202029754)

Verdict: Raylign Well Being Foundation shows mixed signals

65/100Mission Score

$4KRevenue

$95KAssets

2Red Flags

4Strengths

Red Flags

Highly inconsistent revenue and expense figures year-over-year, making financial planning and sustainability difficult to assess (e.g., 2023 expenses $21,087 vs. revenue $5,544).
Lack of detailed functional expense breakdown in the provided data, preventing a clear understanding of program efficiency.

Strengths

Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
Maintains minimal liabilities ($1 across all filings), demonstrating strong financial management regarding debt.
Consistent filing of IRS Form 990s, indicating a commitment to transparency.
Stable asset base over time, suggesting a degree of financial resilience despite revenue fluctuations (e.g., assets $113,850 in 2023).

Spending Breakdown

How Raylign Well Being Foundation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Raylign Well Being Foundation

Is Raylign Well Being Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Raylign Well Being Foundation (EIN: 202029754) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 4 strengths noted.

Is Raylign Well Being Foundation a good charity to donate to?

Raylign Well Being Foundation has a Mission Score of 65/100. Revenue: $4K. Assets: $95K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Raylign Well Being Foundation?

The Employer Identification Number (EIN) for Raylign Well Being Foundation is 202029754. 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 Raylign Well Being Foundation spend its money?

Raylign Well Being Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Raylign Well Being Foundation's tax-exempt status?

You can verify Raylign Well Being Foundation's tax-exempt status using EIN 202029754 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 Raylign Well Being Foundation exhibits inconsistent financial activity over its filing history. While it has maintained a stable asset base, generally around $90,000-$130,000, its revenue and expenses fluctuate significantly year-to-year. For instance, in 2023, expenses ($21,087) far exceeded revenue ($5,544), indicating a reliance on prior reserves or other funding sources. Conversely, in 2022, revenue ($24,441) significantly outpaced expenses ($9,012). The organization consistently reports minimal liabilities ($1), suggesting good financial management in terms of debt. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The consistent reporting of 0% officer compensation is a positive indicator of resource allocation towards the mission rather than executive salaries.

Given the available data, the organization appears to be operating on a relatively small scale, with its highest reported revenue being $58,072 in 2012. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity might be grantmaking, which would explain the fluctuating expenses based on grants awarded. Without a functional expense statement, it's difficult to determine the exact proportion of spending dedicated to programs versus administrative or fundraising costs. The consistent filing of IRS Form 990s demonstrates a commitment to transparency, even if the detailed financial health is obscured by the summary data provided.

Overall, the foundation appears to be fiscally responsible regarding debt and executive compensation. However, the highly variable revenue and expense figures, coupled with the absence of detailed functional expense data, make it difficult to definitively assess its long-term financial sustainability and program efficiency. The organization's ability to cover expenses in years with low revenue, such as 2023, suggests it draws from its asset base, which has remained relatively stable.

View Full Transparency Report →

Disclaimer

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