David And Stephanie Richmond Family Foundation
EIN: 811547906 · Reno, NV · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $200 |
| Total Expenses | $2K |
| Net Assets | $493 |
Is David And Stephanie Richmond Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About David And Stephanie Richmond Family Foundation
David And Stephanie Richmond Family Foundation (EIN: 811547906) is a nonprofit organization based in Reno, NV, classified under NTEE code T20. The organization reported total revenue of $200 and total assets of $202 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David And Stephanie Richmond Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David And Stephanie Richmond Family Foundation is a micro nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $2K |
| Surplus / Deficit | +$37 |
| Total Assets | $494 |
| Total Liabilities | $1 |
| Net Assets | $493 |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, David And Stephanie Richmond Family Foundation reported a surplus of $37 with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), David And Stephanie Richmond Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.7% | +105.0% | +8.1% |
| 2022 | -80.2% | -85.1% | +45600.0% |
| 2021 | +20.1% | +2.3% | -90.9% |
| 2020 | +300.0% | -3.9% | -90.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for David And Stephanie Richmond Family 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 David And Stephanie Richmond Family 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 surplus of $37, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about David And Stephanie Richmond Family Foundation
Is David And Stephanie Richmond Family Foundation a legitimate charity?
David And Stephanie Richmond Family Foundation (EIN: 811547906) is a registered tax-exempt nonprofit based in Nevada. It has 5 years of IRS 990 filings on record. Total revenue: $200. No red flags identified. Financial health grade: A.
How does David And Stephanie Richmond Family Foundation spend its money?
David And Stephanie Richmond Family Foundation reported $200 in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to David And Stephanie Richmond Family Foundation tax-deductible?
David And Stephanie Richmond Family Foundation is registered as a tax-exempt nonprofit (EIN: 811547906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is David And Stephanie Richmond Family Foundation located?
David And Stephanie Richmond Family Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 811547906. It is classified under NTEE code T20.
How many years of IRS 990 filings does David And Stephanie Richmond Family Foundation have?
David And Stephanie Richmond Family Foundation has 5 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 $200 in total revenue.
Filing History
IRS 990 filing history for David And Stephanie Richmond Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), David And Stephanie Richmond Family Foundation's revenue has grown by 31.2%, moving from $1K to $2K. Total assets increased by 345% over the same period, from $111 to $494. Total functional expenses fell by 69.9%, from $6K to $2K. In its most recent filing year (2023), David And Stephanie Richmond Family Foundation reported a surplus of $37, with revenue exceeding expenses. The organization holds $1 in liabilities against $494 in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $493.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $2K | $494 | $1 | — | — |
| 2022 | $1K | $878 | $457 | $1 | — | View 990 |
| 2021 | $7K | $6K | $1 | $1 | — | — |
| 2020 | $6K | $6K | $11 | $850 | — | — |
| 2019 | $1K | $6K | $111 | $800 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $2K, and assets of $494 (revenue +37.7% year-over-year).
- 2022: Revenue of $1K, expenses of $878, and assets of $457 (revenue -80.2% year-over-year).
- 2021: Revenue of $7K, expenses of $6K, and assets of $1 (revenue +20.1% year-over-year).
- 2020: Revenue of $6K, expenses of $6K, and assets of $11 (revenue +300.0% year-over-year).
- 2019: Revenue of $1K, expenses of $6K, and assets of $111.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David And Stephanie Richmond Family Foundation:
Data Sources and Methodology
This transparency report for David And Stephanie Richmond Family 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.