Quick charity verification for Rayo De Sol Inc (EIN: 204281339)
Verdict: Rayo De Sol Inc appears trustworthy
92/100Mission Score
$918KRevenue
$1.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $181,247 in 2014 to $786,141 in 2023.
Strong asset base ($1,018,604 in 2023) significantly exceeding liabilities ($857 in 2023).
0% reported officer compensation across all 13 filings, indicating efficient use of funds for mission.
Positive net income in most recent years, contributing to asset growth.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Rayo De Sol Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Rayo De Sol Inc
Is Rayo De Sol Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rayo De Sol Inc (EIN: 204281339) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Rayo De Sol Inc a good charity to donate to?
Rayo De Sol Inc has a Mission Score of 92/100. Revenue: $918K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rayo De Sol Inc?
The Employer Identification Number (EIN) for Rayo De Sol Inc is 204281339. 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 Rayo De Sol Inc spend its money?
Rayo De Sol Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rayo De Sol Inc's tax-exempt status?
You can verify Rayo De Sol Inc's tax-exempt status using EIN 204281339 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
Rayo De Sol Inc demonstrates a generally healthy financial trajectory with consistent revenue growth over the past decade, culminating in $786,141 in revenue for the 2023 fiscal year. The organization maintains a strong asset base, reported at $1,018,604 in 2023, significantly exceeding its liabilities of $857, which indicates good financial stability and solvency. Programmatic spending appears to be a high priority, as evidenced by the efficient use of funds relative to total expenses.
The organization's spending efficiency is commendable, with expenses in 2023 at $720,291 against revenues of $786,141, allowing for a surplus that contributes to asset growth. A notable aspect of Rayo De Sol Inc's financial management is the reported 0% officer compensation across all available filings, which suggests a volunteer-led or very lean administrative structure at the executive level. This practice significantly enhances the proportion of funds available for direct program activities.
Transparency is strong given the consistent filing of IRS Form 990s over 13 periods, providing a clear historical record of financial operations. The absence of officer compensation, while positive for program funding, could also imply that key leadership roles are filled by volunteers or compensated through other means not reported as officer compensation, which is a point of clarity that could be further explored. Overall, Rayo De Sol Inc appears to be a financially sound and program-focused organization.