Quick charity verification for Reid Hall Inc (EIN: 131611126)
Verdict: Reid Hall Inc appears trustworthy
90/100Mission Score
$3.2MRevenue
$23.4MAssets
1Red Flags
4Strengths
Red Flags
Lack of clarity on how leadership is compensated given 0% officer compensation reported for an organization of this size.
Strengths
Consistent asset growth, increasing from $13.27 million in 2014 to $22.58 million in 2023.
Strong financial surpluses in most years, indicating effective revenue generation and expense management (e.g., 2023 revenue of $4,677,831 vs. expenses of $2,260,277).
Very low liabilities relative to assets, demonstrating financial stability and minimal debt.
No reported officer compensation across all filings, suggesting high efficiency in leadership costs.
AI Transparency Report
Reid Hall Inc demonstrates strong financial health and consistent growth in assets over the past decade, increasing from $13.27 million in 2014 to $22.58 million in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $4,677,831 significantly exceeded expenses of $2,260,277. This indicates effective financial management and a healthy reserve. The organization's liabilities are consistently low relative to its assets, suggesting a stable financial position and minimal debt burden. The absence of reported officer compensation across all available filings is a notable aspect of its financial transparency and operational model, indicating that leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990.