Quick charity verification for Rice Family Charitable Foundation (EIN: 205632137)
Verdict: Rice Family Charitable Foundation appears trustworthy
92/100Mission Score
$563KRevenue
$1.6MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in provided data
Negative revenue reported in 2020 ($-58,657) without clear explanation
Strengths
Consistent asset growth, from $524,390 in 2011 to $1,417,385 in 2023
Extremely low liabilities (consistently $1) indicating strong financial health
0% officer compensation across all reported periods, maximizing funds for mission
Positive net revenue in most years, demonstrating financial sustainability
Long filing history (10 filings) indicating consistent compliance and operation
Spending Breakdown
How Rice Family Charitable 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 Rice Family Charitable Foundation
Is Rice Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rice Family Charitable Foundation (EIN: 205632137) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Rice Family Charitable Foundation a good charity to donate to?
Rice Family Charitable Foundation has a Mission Score of 92/100. Revenue: $563K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rice Family Charitable Foundation?
The Employer Identification Number (EIN) for Rice Family Charitable Foundation is 205632137. 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 Rice Family Charitable Foundation spend its money?
Rice Family Charitable Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rice Family Charitable Foundation's tax-exempt status?
You can verify Rice Family Charitable Foundation's tax-exempt status using EIN 205632137 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 Rice Family Charitable Foundation demonstrates consistent financial health, with assets steadily growing from $524,390 in 2011 to $1,417,385 in 2023. The organization consistently maintains minimal liabilities, typically $1, indicating strong financial management and low debt risk. While specific program spending details are not provided in the summary data, the foundation's consistent positive net revenue in most years, such as $231,966 in revenue against $92,035 in expenses in 2023, suggests a healthy operational surplus. The absence of officer compensation further indicates that resources are likely directed towards the foundation's charitable purpose, enhancing its spending efficiency and transparency.