Quick charity verification for Ribeiro Foundation (EIN: 202735644)
Verdict: Ribeiro Foundation appears trustworthy
70/100Mission Score
$1.7MRevenue
$1.7MAssets
3Red Flags
3Strengths
Red Flags
Inconsistent financial performance with significant year-over-year fluctuations in revenue and expenses.
Periods where expenses substantially exceed revenue (e.g., 202312, 202112), indicating potential operational deficits.
Discrepancy between 'Latest Revenue' and 'Assets' provided and the most recent individual filing data, requiring clarification.
Strengths
Consistent reporting of $0 officer compensation, suggesting a high potential for funds to be directed towards programs.
History of filing IRS Form 990s, indicating a commitment to transparency.
Demonstrated ability to generate significant revenue in certain periods (e.g., $391,554 in 202012, and the stated latest revenue of $1,721,352).
Spending Breakdown
How Ribeiro Foundation 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 Ribeiro Foundation
Is Ribeiro Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ribeiro Foundation (EIN: 202735644) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Ribeiro Foundation a good charity to donate to?
Ribeiro Foundation has a Mission Score of 70/100. Revenue: $1.7M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ribeiro Foundation?
The Employer Identification Number (EIN) for Ribeiro Foundation is 202735644. 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 Ribeiro Foundation spend its money?
Ribeiro Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ribeiro Foundation's tax-exempt status?
You can verify Ribeiro Foundation's tax-exempt status using EIN 202735644 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 Ribeiro Foundation exhibits inconsistent financial activity over its filing history. While the latest reported revenue is $1,721,352, the most recent individual filing (202312) shows significantly lower revenue of $174,262 and expenses exceeding revenue at $225,050, indicating a deficit for that period. This pattern of expenses sometimes exceeding revenue is also visible in 202112 ($429,534 expenses vs. $205,550 revenue). The foundation's assets have fluctuated, reaching $605,084 in 202312, but this is still well below the stated 'Latest Assets' of $1,667,126, suggesting a potential discrepancy or a significant change in financial position not fully captured by the individual filing history provided. The consistent reporting of $0 officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive for program efficiency, but also warrants a closer look to ensure adequate leadership capacity for an organization with over $1.7 million in stated revenue.
The organization's financial health appears volatile, with periods of strong revenue (e.g., 202012 with $391,554 revenue against $154,736 expenses) interspersed with periods of significant deficits. The lack of reported officer compensation across all filings is a notable aspect of its spending efficiency, as it directs more funds potentially towards programs. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency between programs, administration, and fundraising. The transparency is good in terms of filing history, but the discrepancy between the 'Latest Revenue' and 'Assets' figures provided and the most recent individual filing data requires clarification for a complete understanding of its current financial standing.