Quick charity verification for Re Arena Inc (EIN: 113666663)
Verdict: Re Arena Inc has notable concerns
5/100Mission Score
$0Revenue
$24.3MAssets
4Red Flags
2Strengths
Red Flags
Consistent reporting of $0 revenue for over a decade despite significant asset growth.
Consistent reporting of $0 expenses, indicating no operational activities or program spending.
Total liabilities consistently equal total assets, suggesting an unusual financial structure.
Lack of any discernible program activities or impact based on financial filings.
Strengths
Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
No reported executive compensation, suggesting no personal financial benefit to officers from the reported zero expenses.
Spending Breakdown
How Re Arena Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Re Arena Inc
Is Re Arena Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Re Arena Inc (EIN: 113666663) has notable concerns. Mission Score: 5/100. 4 red flags identified, 2 strengths noted.
Is Re Arena Inc a good charity to donate to?
Re Arena Inc has a Mission Score of 5/100. Revenue: $0. Assets: $24.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Re Arena Inc?
The Employer Identification Number (EIN) for Re Arena Inc is 113666663. 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 Re Arena Inc spend its money?
Re Arena Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Re Arena Inc's tax-exempt status?
You can verify Re Arena Inc's tax-exempt status using EIN 113666663 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
Re Arena Inc. presents a highly unusual financial profile based on its IRS 990 filings. For over a decade, the organization has consistently reported $0 in revenue and $0 in expenses, yet its assets have grown significantly, reaching $24,293,537 in the latest period. This complete lack of reported financial activity, despite substantial and increasing assets, raises significant questions about its operational model and financial transparency. The consistent reporting of liabilities exactly matching assets also suggests a unique accounting structure, possibly indicating that the assets are held in trust or are part of a larger, unrecorded financial arrangement. Without any reported program spending or operational costs, it is impossible to assess spending efficiency or program impact.
The organization's transparency is severely limited by the absence of any detailed financial transactions. While it consistently files its 990s, the information provided offers no insight into how its assets are managed, what activities (if any) it undertakes, or how it plans to achieve its mission. The NTEE code B99 (Other Education) provides little clarity given the financial data. This pattern makes it challenging for donors or the public to understand its purpose or evaluate its effectiveness as a nonprofit.