Is Rhythm Of The Rein Inc Legit?

Quick charity verification for Rhythm Of The Rein Inc (EIN: 134368143)

Verdict: Rhythm Of The Rein Inc appears trustworthy

88/100Mission Score
$193KRevenue
$48KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Rhythm Of The Rein Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. The organization has shown significant growth in revenue, from $39,837 in 2014 to $132,314 in 2023, indicating increasing support for its activities. While expenses have generally tracked revenue, the organization experienced a deficit in 2023, with expenses of $140,080 exceeding revenue of $132,314. This recent trend warrants monitoring to ensure long-term financial stability. The organization's asset base has also grown substantially over the decade, from $14,633 in 2014 to $42,420 in 2023, suggesting some capacity building. However, liabilities have also increased, reaching $17,568 in 2023, which is a notable rise from previous years. The consistent reporting of 0% officer compensation across all filings indicates a strong volunteer-driven leadership model, enhancing its financial efficiency and transparency regarding executive pay. Overall, Rhythm Of The Rein Inc appears to be a financially sound organization with a clear program focus, though recent deficits and rising liabilities should be observed.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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