Quick charity verification for Rit Campus Club Inc (EIN: 161201526)
Verdict: Rit Campus Club Inc shows mixed signals
45/100Mission Score
$5.4MRevenue
$115KAssets
3Red Flags
2Strengths
Red Flags
High and growing liabilities relative to assets, indicating potential solvency issues (e.g., 2023 liabilities $5,962,585 vs. assets $121,641).
Frequent operational deficits where expenses exceed revenue in multiple filing periods (e.g., 2022, 2021, 2020, 2019, 2017, 2016, 2015, 2014).
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
Consistent reporting of 0% officer compensation, suggesting a commitment to minimizing executive overhead.
Recent revenue growth from $1,266,404 in 2021 to $3,199,216 in 2023, indicating increased financial activity and potential for fundraising.
Spending Breakdown
How Rit Campus Club Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Rit Campus Club Inc
Is Rit Campus Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rit Campus Club Inc (EIN: 161201526) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Rit Campus Club Inc a good charity to donate to?
Rit Campus Club Inc has a Mission Score of 45/100. Revenue: $5.4M. Assets: $115K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rit Campus Club Inc?
The Employer Identification Number (EIN) for Rit Campus Club Inc is 161201526. 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 Rit Campus Club Inc spend its money?
Rit Campus Club Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rit Campus Club Inc's tax-exempt status?
You can verify Rit Campus Club Inc's tax-exempt status using EIN 161201526 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
Rit Campus Club Inc. exhibits a concerning financial trend with persistent liabilities significantly outweighing its assets. For instance, in 2023, assets were $121,641 while liabilities stood at $5,962,585, indicating a substantial negative net asset position. This suggests potential long-term solvency issues. While the organization has shown revenue growth in recent years, from $1,266,404 in 2021 to $3,199,216 in 2023, this growth has not translated into a stronger balance sheet. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which can be a positive for efficiency, but the overall financial health remains precarious due to the high liabilities.
The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising expenses). However, the consistent reporting of expenses often exceeding revenue in multiple years (e.g., 2022 expenses of $2,599,703 against revenue of $1,977,130) points to an operational deficit. This ongoing deficit, coupled with the high liabilities, raises questions about the sustainability of its operations. The lack of reported officer compensation is a positive transparency indicator regarding executive pay, but the broader financial picture warrants closer scrutiny.
Overall, while the organization appears to manage executive compensation responsibly, its financial health is challenged by a significant and growing liability burden relative to its assets. The consistent operational deficits in several years further exacerbate these concerns, suggesting a need for improved financial management and a clear strategy to address its long-term solvency.