David Raymond Price Foundation
David Raymond Price Foundation consistently grows assets with minimal expenses and no officer compensation.
EIN: 201136009 · Washington, DC · NTEE: T20 · Updated: 2026-03-28
Is David Raymond Price Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David Raymond Price Foundation directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David Raymond Price Foundation
David Raymond Price Foundation (EIN: 201136009) is a nonprofit organization based in Washington, DC, classified under NTEE code T20. The organization reported total revenue of $56K and total assets of $267K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David Raymond Price Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David Raymond Price Foundation is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $3K |
| Surplus / Deficit | +$53K |
| Total Assets | $223K |
| Total Liabilities | $1 |
| Net Assets | $223K |
| Operating Margin | 95.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1043.5 months |
Financial Health Grade: A
In 2023, David Raymond Price Foundation reported a surplus of $53K with revenue exceeding expenses, holds 1043.5 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), David Raymond Price Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.2% | -15.8% | +30.9% |
| 2022 | -24.0% | +1933.3% | +25.8% |
| 2021 | +99.9% | -88.9% | +58.1% |
| 2020 | -0.2% | -19.4% | +38.1% |
| 2019 | -82.8% | -98.9% | +4471.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 David Raymond Price Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 2%
- programs: 98%
- fundraising: 0%
According to IRS 990 filings, David Raymond Price Foundation allocates its expenses as follows: admin: 2%, programs: 98%, fundraising: 0%. With 98% 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 surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for David Raymond Price Foundation:
- Exceptional spending efficiency, with expenses often less than 5% of revenue in recent years (e.g., $2,567 expenses vs. $55,205 revenue in 2023).
- Consistent growth in assets, from $132,192 in 2011 to $266,810 currently, indicating strong financial stewardship.
- No reported officer compensation across all filings, suggesting a volunteer-driven or highly cost-effective leadership structure.
- Very low liabilities ($1 in recent years), indicating strong financial stability and minimal debt.
- Consistent IRS 990 filing history, demonstrating commitment to transparency.
Frequently Asked Questions about David Raymond Price Foundation
Is David Raymond Price Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, David Raymond Price Foundation (EIN: 201136009) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does David Raymond Price Foundation spend its money?
David Raymond Price Foundation directs 98% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to David Raymond Price Foundation tax-deductible?
David Raymond Price Foundation is registered as a tax-exempt nonprofit (EIN: 201136009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the David Raymond Price Foundation a good charity?
Based on its financial data, the David Raymond Price Foundation appears to be a very good charity. It demonstrates exceptional financial efficiency, retaining most of its revenue and growing its assets significantly over time, with minimal expenses and no reported officer compensation.
How has the foundation's financial management changed over time?
The foundation's financial management has undergone a significant positive transformation. In earlier years (2011-2015), expenses often exceeded revenue. However, from 2019 onwards, the organization has consistently reported extremely low expenses relative to its revenue, indicating a highly efficient and fiscally conservative approach.
What is the primary use of the foundation's funds?
Given the extremely low reported expenses (e.g., $2,567 in 2023 against $55,205 revenue), the primary use of the foundation's funds appears to be either direct program expenditures that are not categorized as general expenses, or the accumulation of assets to support future programmatic activities, as evidenced by the consistent growth in assets.
Filing History
IRS 990 filing history for David Raymond Price Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David Raymond Price Foundation's revenue has declined by 1.7%, moving from $56K to $55K. Total assets increased by 68.9% over the same period, from $132K to $223K. Total functional expenses fell by 97.8%, from $118K to $3K. In its most recent filing year (2023), David Raymond Price Foundation reported a surplus of $53K, with revenue exceeding expenses. The organization holds $1 in liabilities against $223K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $223K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $3K | $223K | $1 | — | — |
| 2022 | $38K | $3K | $171K | $1 | — | View 990 |
| 2021 | $50K | $150 | $136K | $1 | — | — |
| 2020 | $25K | $1K | $86K | $1 | — | View 990 |
| 2019 | $25K | $2K | $62K | $1 | — | View 990 |
| 2015 | $146K | $147K | $1K | $1 | — | View 990 |
| 2014 | $108K | $118K | $3K | $0 | — | View 990 |
| 2013 | $104K | $118K | $58K | $0 | — | View 990 |
| 2012 | $57K | $118K | $71K | $0 | — | View 990 |
| 2011 | $56K | $118K | $132K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $3K, and assets of $223K (revenue +45.2% year-over-year).
- 2022: Revenue of $38K, expenses of $3K, and assets of $171K (revenue -24.0% year-over-year).
- 2021: Revenue of $50K, expenses of $150, and assets of $136K (revenue +99.9% year-over-year).
- 2020: Revenue of $25K, expenses of $1K, and assets of $86K (revenue -0.2% year-over-year).
- 2019: Revenue of $25K, expenses of $2K, and assets of $62K (revenue -82.8% year-over-year).
- 2015: Revenue of $146K, expenses of $147K, and assets of $1K (revenue +34.8% year-over-year).
- 2014: Revenue of $108K, expenses of $118K, and assets of $3K (revenue +3.8% year-over-year).
- 2013: Revenue of $104K, expenses of $118K, and assets of $58K (revenue +82.6% year-over-year).
- 2012: Revenue of $57K, expenses of $118K, and assets of $71K (revenue +1.4% year-over-year).
- 2011: Revenue of $56K, expenses of $118K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David Raymond Price Foundation:
Data Sources and Methodology
This transparency report for David Raymond Price 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.