Quick charity verification for Reynolds Family Foundation (EIN: 133791147)
Verdict: Reynolds Family Foundation shows mixed signals
65/100Mission Score
$350KRevenue
$1.8MAssets
4Red Flags
4Strengths
Red Flags
Consistent deficit spending: Expenses have exceeded revenue in 3 of the last 5 reported periods (2021, 2022, 2023).
Declining asset base: Assets have decreased from $1,912,401 in 2020 to $1,670,468 in 2023.
Lack of detailed expense breakdown: Without program, administrative, and fundraising expense details, it's hard to fully assess efficiency.
NTEE code T99: An 'Unknown' or 'Unclassified' NTEE code can sometimes indicate a lack of clear programmatic focus or reporting.
Strengths
Zero officer compensation: No salaries paid to officers, indicating low overhead in this area.
Minimal liabilities: Liabilities consistently reported as $0 or $1, suggesting good debt management.
Substantial asset base: Maintains over $1.6 million in assets, providing a buffer despite recent drawdowns.
Consistent IRS 990 filing history: Five years of filings demonstrate transparency in reporting.
Spending Breakdown
How Reynolds Family Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Reynolds Family Foundation
Is Reynolds Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Reynolds Family Foundation (EIN: 133791147) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
Is Reynolds Family Foundation a good charity to donate to?
Reynolds Family Foundation has a Mission Score of 65/100. Revenue: $350K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Reynolds Family Foundation?
The Employer Identification Number (EIN) for Reynolds Family Foundation is 133791147. 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 Reynolds Family Foundation spend its money?
Reynolds Family Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Reynolds Family Foundation's tax-exempt status?
You can verify Reynolds Family Foundation's tax-exempt status using EIN 133791147 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 Reynolds Family Foundation demonstrates consistent financial transparency through its regular IRS 990 filings, with five filings available. The organization's financial health shows a trend of expenses exceeding revenue in recent years, specifically from 2021 to 2023. For instance, in 2023, expenses were $197,835 against revenues of $152,611, and in 2022, expenses were $253,208 against revenues of $140,005. This has led to a gradual decline in assets from a high of $1,912,401 in 2020 to $1,670,468 in 2023. While the foundation maintains substantial assets relative to its annual revenue, this spending pattern is not sustainable long-term without increased revenue or reduced expenditures.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all five periods indicates a commitment to minimizing overhead in that specific area. The foundation's liabilities have remained minimal, at $0 or $1, suggesting good fiscal management in terms of debt.
Overall, the foundation appears transparent in its reporting, but its financial sustainability warrants closer examination due to the recurring deficit spending. The lack of officer compensation is a positive indicator for efficiency, but a deeper dive into the allocation of the total expenses would be necessary to fully evaluate spending efficiency across all categories.