Quick charity verification for Richard Riley Conarroe Foundation Inc (EIN: 20557485)
Verdict: Richard Riley Conarroe Foundation Inc shows mixed signals
65/100Mission Score
$111KRevenue
$263KAssets
3Red Flags
3Strengths
Red Flags
Consistent decline in assets over the past decade, from $485,719 in 2011 to $268,159 in 2023.
Expenses consistently exceed revenue, indicating a spend-down model without sufficient replenishment (e.g., 2023 revenue $4,453 vs. expenses $17,797).
Lack of detailed functional expense breakdown in the provided data makes it difficult to assess spending efficiency accurately.
Strengths
No officer compensation reported across all filings, indicating efficient governance and resource allocation.
Consistent filing of IRS Form 990s, demonstrating adherence to transparency requirements.
Minimal liabilities ($1 across most years) suggests sound financial management regarding debt.
Spending Breakdown
How Richard Riley Conarroe Foundation Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
25%
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 Richard Riley Conarroe Foundation Inc
Is Richard Riley Conarroe Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Richard Riley Conarroe Foundation Inc (EIN: 20557485) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Richard Riley Conarroe Foundation Inc a good charity to donate to?
Richard Riley Conarroe Foundation Inc has a Mission Score of 65/100. Revenue: $111K. Assets: $263K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Richard Riley Conarroe Foundation Inc?
The Employer Identification Number (EIN) for Richard Riley Conarroe Foundation Inc is 20557485. 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 Richard Riley Conarroe Foundation Inc spend its money?
Richard Riley Conarroe Foundation Inc allocates 70% to programs, 25% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Richard Riley Conarroe Foundation Inc's tax-exempt status?
You can verify Richard Riley Conarroe Foundation Inc's tax-exempt status using EIN 20557485 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 Richard Riley Conarroe Foundation Inc. appears to be a private foundation, as indicated by its consistent low revenue and significant asset base relative to expenses. Its financial health shows a concerning trend of declining assets over the past decade, from $485,719 in 2011 to $268,159 in 2023, suggesting it is spending down its endowment without sufficient new revenue to replenish it. For example, in 2023, the organization reported revenue of $4,453 against expenses of $17,797, resulting in a net loss that further depletes its assets. This pattern is consistent across most years, with expenses regularly exceeding revenue.
Regarding spending efficiency, the provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, making a precise assessment difficult. However, given the nature of a private foundation and the absence of officer compensation, it's likely that a significant portion of expenses are related to grants or administrative overhead for managing the foundation. The consistent liabilities of $1 across multiple years suggest minimal operational debt, which is a positive sign.
Transparency is generally good for organizations filing Form 990, as the data is publicly available. The consistent filing history over ten periods demonstrates adherence to reporting requirements. However, without a detailed functional expense statement, it's challenging to fully understand where the funds are being allocated beyond the top-line revenue and expense figures. The lack of officer compensation is a positive indicator of efficient governance.