Quick charity verification for Rhea Medical Healthcare Foundation (EIN: 201912692)
Verdict: Rhea Medical Healthcare Foundation appears trustworthy
92/100Mission Score
$128KRevenue
$248KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in summary data
NTEE Code is unknown, which limits understanding of specific mission area
Strengths
Consistent asset growth over a decade (from $99,919 in 2015 to $236,710 in 2024)
Zero officer compensation reported across all 13 filings, indicating high efficiency and volunteer commitment
Very low and stable liabilities ($220 consistently), suggesting strong financial stability
Positive net income in most reporting periods, contributing to asset accumulation
Strong revenue growth in recent years (e.g., $53,239 in 2023 to $81,969 in 2024)
Spending Breakdown
How Rhea Medical Healthcare Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Rhea Medical Healthcare Foundation
Is Rhea Medical Healthcare Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rhea Medical Healthcare Foundation (EIN: 201912692) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Rhea Medical Healthcare Foundation a good charity to donate to?
Rhea Medical Healthcare Foundation has a Mission Score of 92/100. Revenue: $128K. Assets: $248K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rhea Medical Healthcare Foundation?
The Employer Identification Number (EIN) for Rhea Medical Healthcare Foundation is 201912692. 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 Rhea Medical Healthcare Foundation spend its money?
Rhea Medical Healthcare Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rhea Medical Healthcare Foundation's tax-exempt status?
You can verify Rhea Medical Healthcare Foundation's tax-exempt status using EIN 201912692 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
Rhea Medical Healthcare Foundation demonstrates consistent financial growth over the past decade, with assets increasing from $99,919 in 2015 to $236,710 in 2024. The organization consistently reports zero officer compensation, which is a strong indicator of efficient use of donor funds and a commitment to its mission, as administrative costs are kept very low. While specific program spending details are not provided in the summary data, the low overall expenses relative to revenue in most years suggest a lean operational model. For example, in 2024, expenses were $30,153 against revenues of $81,969, indicating a significant portion of revenue was retained or used for direct charitable activities.
The foundation's financial health appears stable, with a positive net income in most reporting periods, contributing to its growing asset base. The consistent liability of $220 across all filings suggests a very stable and minimal debt structure. The absence of officer compensation is a key strength for transparency and efficiency. To further assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be beneficial, but based on the available data, the organization appears to manage its finances prudently.
Overall, Rhea Medical Healthcare Foundation exhibits strong financial stewardship, characterized by asset growth, minimal liabilities, and a clear commitment to avoiding executive compensation. This suggests a high degree of financial responsibility and a focus on maximizing resources for its charitable purpose, although the specific impact of its programs would require deeper analysis of its activities.