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
Expenses ($140,080) exceeded revenue ($132,314) in 2023, resulting in a deficit.
Liabilities have significantly increased from $0 in 2017 to $17,568 in 2023, warranting closer examination.
Strengths
Consistent 0% officer compensation across all filings, indicating strong volunteer leadership and efficient use of funds.
Significant revenue growth over the past decade, from $39,837 in 2014 to $132,314 in 2023.
Positive asset growth, from $14,633 in 2014 to $42,420 in 2023, indicating increasing capacity.
Strong program focus, as implied by the NTEE code and general financial health for a small nonprofit.
Spending Breakdown
How Rhythm Of The Rein Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Rhythm Of The Rein Inc
Is Rhythm Of The Rein Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rhythm Of The Rein Inc (EIN: 134368143) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
Is Rhythm Of The Rein Inc a good charity to donate to?
Rhythm Of The Rein Inc has a Mission Score of 88/100. Revenue: $193K. Assets: $48K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rhythm Of The Rein Inc?
The Employer Identification Number (EIN) for Rhythm Of The Rein Inc is 134368143. 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 Rhythm Of The Rein Inc spend its money?
Rhythm Of The Rein Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rhythm Of The Rein Inc's tax-exempt status?
You can verify Rhythm Of The Rein Inc's tax-exempt status using EIN 134368143 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
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.