Christopher Reynolds Foundation Inc
Christopher Reynolds Foundation consistently spends more than its annual revenue, relying on substantial assets.
EIN: 136129401 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $368K |
| Total Expenses | $1.9M |
| Program Spending | 90% |
| Net Assets | $18.2M |
| Transparency Score | 75/100 |
Is Christopher Reynolds Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Christopher Reynolds Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Christopher Reynolds Foundation Inc
Christopher Reynolds Foundation Inc (EIN: 136129401) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $368K and total assets of $19.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christopher Reynolds Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christopher Reynolds Foundation Inc is a small nonprofit that has been operating for 73 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $607K |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-1,310,939 |
| Total Assets | $18.2M |
| Total Liabilities | $1 |
| Net Assets | $18.2M |
| Operating Margin | -215.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.8 months |
Financial Health Grade: B
In 2023, Christopher Reynolds Foundation Inc reported a deficit of $1.3M with expenses exceeding revenue, holds 113.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Christopher Reynolds Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.6% | +9.6% | -6.8% |
| 2022 | -42.0% | -5.7% | -4.1% |
| 2021 | +24.4% | +2.1% | +15.0% |
| 2020 | +24.0% | +22.1% | -2.9% |
| 2019 | +17.9% | -13.4% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1953 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Christopher Reynolds Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Christopher Reynolds Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Christopher Reynolds Foundation Inc's IRS 990 filings:
- Consistent operational deficits (expenses significantly exceeding revenue) across multiple years, e.g., $1,918,087 expenses vs. $607,148 revenue in 2023.
- Declining asset base over the long term, from $21,793,752 in 2011 to $18,182,403 in 2023, potentially due to consistent spending above revenue.
Strengths
The following positive indicators were identified for Christopher Reynolds Foundation Inc:
- Consistent 0% officer compensation, indicating efficient use of funds for leadership.
- Maintains a substantial asset base ($18,182,403 in 2023) providing long-term stability.
- Regularly files IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Christopher Reynolds Foundation Inc
Is Christopher Reynolds Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Christopher Reynolds Foundation Inc (EIN: 136129401) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Christopher Reynolds Foundation Inc spend its money?
Christopher Reynolds Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Christopher Reynolds Foundation Inc tax-deductible?
Christopher Reynolds Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136129401). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Christopher Reynolds Foundation Inc's spending goes to programs?
Christopher Reynolds Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Christopher Reynolds Foundation Inc located?
Christopher Reynolds Foundation Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 136129401.
How many years of IRS 990 filings does Christopher Reynolds Foundation Inc have?
Christopher Reynolds Foundation Inc has 11 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 $368K in total revenue.
How does the Christopher Reynolds Foundation Inc. sustain its operations given its consistent annual deficits?
The foundation likely sustains its operations by drawing from its substantial asset base, which was $18,182,403 in the latest period. Its consistent expenses exceeding revenue suggest it operates as a grant-making foundation utilizing its endowment.
What is the primary source of the foundation's revenue?
While specific details on revenue sources are not provided in the summary, given its asset base and consistent spending patterns, it's highly probable that investment income from its endowment constitutes a significant portion of its revenue, alongside any contributions.
Does the 0% officer compensation indicate a fully volunteer-run organization?
The 0% officer compensation strongly suggests a volunteer-led board or that any administrative functions are handled by external contractors or staff whose compensation is not categorized as officer compensation. This is generally a positive indicator of efficient resource allocation.
Filing History
IRS 990 filing history for Christopher Reynolds Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Christopher Reynolds Foundation Inc's revenue has declined by 50.2%, moving from $1.2M to $607K. Total assets decreased by 20.5% over the same period, from $22.9M to $18.2M. Total functional expenses rose by 0.5%, from $1.9M to $1.9M. In its most recent filing year (2023), Christopher Reynolds Foundation Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $18.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $607K | $1.9M | $18.2M | $1 | — | — |
| 2022 | $928K | $1.8M | $19.5M | $6K | — | View 990 |
| 2021 | $1.6M | $1.9M | $20.3M | $17K | — | View 990 |
| 2020 | $1.3M | $1.8M | $17.7M | $1 | — | View 990 |
| 2019 | $1.0M | $1.5M | $18.2M | $1 | — | — |
| 2015 | $881K | $1.7M | $19.9M | $37K | — | View 990 |
| 2014 | $1.4M | $1.5M | $20.7M | $24K | — | View 990 |
| 2013 | $1.7M | $2.4M | $20.8M | $83K | — | View 990 |
| 2012 | $1.7M | $1.9M | $21.7M | $302K | — | View 990 |
| 2011 | $834K | $2.1M | $21.8M | $485K | — | View 990 |
| 2010 | $1.2M | $1.9M | $22.9M | $297K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $607K, expenses of $1.9M, and assets of $18.2M (revenue -34.6% year-over-year).
- 2022: Revenue of $928K, expenses of $1.8M, and assets of $19.5M (revenue -42.0% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.9M, and assets of $20.3M (revenue +24.4% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.8M, and assets of $17.7M (revenue +24.0% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.5M, and assets of $18.2M (revenue +17.9% year-over-year).
- 2015: Revenue of $881K, expenses of $1.7M, and assets of $19.9M (revenue -37.7% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.5M, and assets of $20.7M (revenue -17.7% year-over-year).
- 2013: Revenue of $1.7M, expenses of $2.4M, and assets of $20.8M (revenue -1.0% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.9M, and assets of $21.7M (revenue +108.0% year-over-year).
- 2011: Revenue of $834K, expenses of $2.1M, and assets of $21.8M (revenue -31.7% year-over-year).
- 2010: Revenue of $1.2M, expenses of $1.9M, and assets of $22.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christopher Reynolds Foundation Inc:
Data Sources and Methodology
This transparency report for Christopher Reynolds 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.