Callie & John Rainey Foundation
EIN: 570970656 · Anderson, SC
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $10K |
| Net Assets | $153K |
Is Callie & John Rainey Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Callie & John Rainey Foundation
Callie & John Rainey Foundation (EIN: 570970656) is a nonprofit organization based in Anderson, SC. The organization reported total revenue of $7K and total assets of $152K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Callie & John Rainey Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Callie & John Rainey Foundation is a micro nonprofit that has been operating for 33 years, with 9 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $10K |
| Surplus / Deficit | $-3,488 |
| Total Assets | $153K |
| Total Liabilities | $1 |
| Net Assets | $153K |
| Operating Margin | -56.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 190.4 months |
Financial Health Grade: B
In 2023, Callie & John Rainey Foundation reported a deficit of $3K with expenses exceeding revenue, holds 190.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.0% | -63.2% | -2.2% |
| 2022 | -43.1% | -23.2% | -9.1% |
| 2021 | -46.9% | -1.3% | -8.4% |
| 2020 | +66.6% | -12.4% | +0.0% |
| 2019 | -77.0% | -3.9% | -39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Callie & John Rainey Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Callie & John Rainey Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Callie & John Rainey Foundation
Is Callie & John Rainey Foundation a legitimate charity?
Callie & John Rainey Foundation (EIN: 570970656) is a registered tax-exempt nonprofit based in South Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $7K. No red flags identified. Financial health grade: B.
How does Callie & John Rainey Foundation spend its money?
Callie & John Rainey Foundation reported $7K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Callie & John Rainey Foundation tax-deductible?
Callie & John Rainey Foundation is registered as a tax-exempt nonprofit (EIN: 570970656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Callie & John Rainey Foundation located?
Callie & John Rainey Foundation is headquartered in Anderson, South Carolina and files with the IRS under EIN 570970656.
How many years of IRS 990 filings does Callie & John Rainey Foundation have?
Callie & John Rainey Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7K in total revenue.
Filing History
IRS 990 filing history for Callie & John Rainey Foundation showing financial trends over 9 years of public records:
Total assets increased by 18.4% over the same period, from $129K to $153K. Total functional expenses fell by 91.1%, from $109K to $10K. In its most recent filing year (2023), Callie & John Rainey Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $153K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $153K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $10K | $153K | $1 | — | — |
| 2022 | $10K | $26K | $157K | $1 | — | View 990 |
| 2021 | $18K | $34K | $172K | $1 | — | — |
| 2020 | $35K | $35K | $188K | $1 | — | — |
| 2019 | $21K | $40K | $188K | $1 | — | View 990 |
| 2014 | $90K | $41K | $313K | $102K | — | View 990 |
| 2013 | $141K | $138K | $343K | $188K | — | View 990 |
| 2012 | $149K | $126K | $281K | $129K | — | View 990 |
| 2011 | $-491,846 | $109K | $129K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $10K, and assets of $153K (revenue -41.0% year-over-year).
- 2022: Revenue of $10K, expenses of $26K, and assets of $157K (revenue -43.1% year-over-year).
- 2021: Revenue of $18K, expenses of $34K, and assets of $172K (revenue -46.9% year-over-year).
- 2020: Revenue of $35K, expenses of $35K, and assets of $188K (revenue +66.6% year-over-year).
- 2019: Revenue of $21K, expenses of $40K, and assets of $188K (revenue -77.0% year-over-year).
- 2014: Revenue of $90K, expenses of $41K, and assets of $313K (revenue -36.2% year-over-year).
- 2013: Revenue of $141K, expenses of $138K, and assets of $343K (revenue -5.3% year-over-year).
- 2012: Revenue of $149K, expenses of $126K, and assets of $281K.
- 2011: Revenue of $-491,846, expenses of $109K, and assets of $129K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Callie & John Rainey Foundation:
Data Sources and Methodology
This transparency report for Callie & John Rainey Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.