Quick charity verification for Richfield Public Shools Plan (EIN: 201397082)
Verdict: Richfield Public Shools Plan appears trustworthy
92/100Mission Score
$872KRevenue
$2.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $453,344 in 2014 to $723,254 in 2023.
Strong asset accumulation, growing from $1,069,082 in 2014 to $2,172,765 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
Consistent positive net income, with revenues consistently exceeding expenses (e.g., $723,254 revenue vs. $453,540 expenses in 2023).
Low liabilities, with $0 reported in most periods and only $33 in the latest 202312 filing.
Spending Breakdown
How Richfield Public Shools Plan allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Richfield Public Shools Plan
Is Richfield Public Shools Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Richfield Public Shools Plan (EIN: 201397082) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Richfield Public Shools Plan a good charity to donate to?
Richfield Public Shools Plan has a Mission Score of 92/100. Revenue: $872K. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Richfield Public Shools Plan?
The Employer Identification Number (EIN) for Richfield Public Shools Plan is 201397082. 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 Richfield Public Shools Plan spend its money?
Richfield Public Shools Plan allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Richfield Public Shools Plan's tax-exempt status?
You can verify Richfield Public Shools Plan's tax-exempt status using EIN 201397082 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
Richfield Public Schools Plan demonstrates consistent financial growth and strong asset accumulation over the past decade. Their latest reported revenue of $872,477 and assets of $2,570,644 indicate a healthy financial position. The organization consistently spends less than it earns, as evidenced by the 202312 period where revenue was $723,254 and expenses were $453,540, contributing to their growing asset base. This suggests prudent financial management and a focus on building long-term stability.
The organization's spending efficiency appears robust, with a significant portion of expenses likely directed towards program services, given the absence of officer compensation. The consistent growth in assets from $1,069,082 in 2014 to $2,172,765 in 2023 (based on the latest filing data provided) further supports their financial health. The lack of reported liabilities in most periods also points to a low-risk financial structure.
Transparency is high regarding executive compensation, as zero officer compensation has been reported across all available filings. This indicates that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to regulatory compliance and public disclosure.