Charles & Elsie Ruben Foundation Inc
EIN: 582138339 · Augusta, GA · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $850K |
| Total Expenses | $47K |
| Net Assets | $573K |
Is Charles & Elsie Ruben Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charles & Elsie Ruben Foundation Inc
Charles & Elsie Ruben Foundation Inc (EIN: 582138339) is a nonprofit organization based in Augusta, GA, classified under NTEE code T22Z. The organization reported total revenue of $850K and total assets of $798K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles & Elsie Ruben Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles & Elsie Ruben Foundation Inc is a small nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $47K |
| Surplus / Deficit | +$3K |
| Total Assets | $573K |
| Total Liabilities | $1 |
| Net Assets | $573K |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.9 months |
Financial Health Grade: A
In 2023, Charles & Elsie Ruben Foundation Inc reported a surplus of $3K with revenue exceeding expenses, holds 146.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Charles & Elsie Ruben Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -81.8% | +25.1% | +0.6% |
| 2022 | +1131.4% | +6.1% | +71.9% |
| 2021 | +40.6% | +10.1% | -3.7% |
| 2020 | -0.7% | -7.2% | -4.5% |
| 2019 | -24.4% | +13.5% | +36.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charles & Elsie Ruben Foundation Inc 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 Charles & Elsie Ruben Foundation Inc 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 surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Charles & Elsie Ruben Foundation Inc
Is Charles & Elsie Ruben Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles & Elsie Ruben Foundation Inc (EIN: 582138339) insufficient data. 0 red flags identified, 0 strengths noted.
How does Charles & Elsie Ruben Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Charles & Elsie Ruben Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Charles & Elsie Ruben Foundation Inc tax-deductible?
Charles & Elsie Ruben Foundation Inc is registered as a tax-exempt nonprofit (EIN: 582138339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charles & Elsie Ruben Foundation Inc located?
Charles & Elsie Ruben Foundation Inc is headquartered in Augusta, Georgia and files with the IRS under EIN 582138339. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Charles & Elsie Ruben Foundation Inc have?
Charles & Elsie Ruben Foundation Inc has 10 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 $850K in total revenue.
Filing History
IRS 990 filing history for Charles & Elsie Ruben Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Charles & Elsie Ruben Foundation Inc's revenue has grown by 241.4%, moving from $15K to $50K. Total assets increased by 87.1% over the same period, from $306K to $573K. Total functional expenses rose by 95.9%, from $24K to $47K. In its most recent filing year (2023), Charles & Elsie Ruben Foundation Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $573K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $573K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $47K | $573K | $1 | — | — |
| 2022 | $276K | $37K | $570K | $1 | — | View 990 |
| 2021 | $22K | $35K | $331K | $1 | — | — |
| 2020 | $16K | $32K | $344K | $1 | — | — |
| 2019 | $16K | $35K | $360K | $1 | — | View 990 |
| 2015 | $21K | $30K | $264K | $0 | — | View 990 |
| 2014 | $19K | $28K | $274K | $0 | — | View 990 |
| 2013 | $17K | $26K | $283K | $0 | — | View 990 |
| 2012 | $11K | $24K | $293K | $0 | — | View 990 |
| 2011 | $15K | $24K | $306K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $47K, and assets of $573K (revenue -81.8% year-over-year).
- 2022: Revenue of $276K, expenses of $37K, and assets of $570K (revenue +1131.4% year-over-year).
- 2021: Revenue of $22K, expenses of $35K, and assets of $331K (revenue +40.6% year-over-year).
- 2020: Revenue of $16K, expenses of $32K, and assets of $344K (revenue -0.7% year-over-year).
- 2019: Revenue of $16K, expenses of $35K, and assets of $360K (revenue -24.4% year-over-year).
- 2015: Revenue of $21K, expenses of $30K, and assets of $264K (revenue +11.3% year-over-year).
- 2014: Revenue of $19K, expenses of $28K, and assets of $274K (revenue +15.3% year-over-year).
- 2013: Revenue of $17K, expenses of $26K, and assets of $283K (revenue +57.3% year-over-year).
- 2012: Revenue of $11K, expenses of $24K, and assets of $293K (revenue -28.7% year-over-year).
- 2011: Revenue of $15K, expenses of $24K, and assets of $306K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles & Elsie Ruben Foundation Inc:
Data Sources and Methodology
This transparency report for Charles & Elsie Ruben Foundation Inc 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.