George & Martha Rich Foundation
EIN: 226575217 · New Canaan, CT
| Metric | Value |
|---|---|
| Total Revenue | $701K |
| Total Expenses | $330K |
| Net Assets | $1.4M |
Is George & Martha Rich Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About George & Martha Rich Foundation
George & Martha Rich Foundation (EIN: 226575217) is a nonprofit organization based in New Canaan, CT. The organization reported total revenue of $701K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George & Martha Rich Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George & Martha Rich Foundation is a small nonprofit that has been operating for 34 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -104.1% | +29.1% | -19.8% |
| 2022 | +7.2% | +47.0% | +0.0% |
| 2021 | +40.2% | +7.6% | +3.9% |
| 2020 | +70.3% | -16.0% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for George & Martha Rich 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 George & Martha Rich 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about George & Martha Rich Foundation
Is George & Martha Rich Foundation a legitimate charity?
George & Martha Rich Foundation (EIN: 226575217) is a registered tax-exempt nonprofit based in Connecticut. It has 10 years of IRS 990 filings on record. Total revenue: $701K. No red flags identified. Financial health grade: B.
How does George & Martha Rich Foundation spend its money?
George & Martha Rich Foundation reported $701K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to George & Martha Rich Foundation tax-deductible?
George & Martha Rich Foundation is registered as a tax-exempt nonprofit (EIN: 226575217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is George & Martha Rich Foundation located?
George & Martha Rich Foundation is headquartered in New Canaan, Connecticut and files with the IRS under EIN 226575217.
How many years of IRS 990 filings does George & Martha Rich Foundation have?
George & Martha Rich Foundation 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 $701K in total revenue.
Filing History
IRS 990 filing history for George & Martha Rich Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), George & Martha Rich Foundation's revenue has declined by 243.9%, moving from $7K to $-10,403. Total assets increased by 2131% over the same period, from $62K to $1.4M. Total functional expenses rose by 211.1%, from $106K to $330K. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-10,403 | $330K | $1.4M | $1 | — | View 990 |
| 2022 | $257K | $256K | $1.7M | $1 | — | View 990 |
| 2021 | $239K | $174K | $1.7M | $1 | — | View 990 |
| 2020 | $171K | $162K | $1.7M | $1 | — | View 990 |
| 2019 | $100K | $192K | $1.6M | $0 | — | View 990 |
| 2015 | $0 | $36K | $94K | $0 | — | View 990 |
| 2014 | $0 | $38K | $130K | $0 | — | View 990 |
| 2013 | $52 | $33K | $169K | $0 | — | View 990 |
| 2012 | $228K | $88K | $202K | $0 | — | View 990 |
| 2011 | $7K | $106K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-10,403, expenses of $330K, and assets of $1.4M (revenue -104.1% year-over-year).
- 2022: Revenue of $257K, expenses of $256K, and assets of $1.7M (revenue +7.2% year-over-year).
- 2021: Revenue of $239K, expenses of $174K, and assets of $1.7M (revenue +40.2% year-over-year).
- 2020: Revenue of $171K, expenses of $162K, and assets of $1.7M (revenue +70.3% year-over-year).
- 2019: Revenue of $100K, expenses of $192K, and assets of $1.6M.
- 2015: Revenue of $0, expenses of $36K, and assets of $94K.
- 2014: Revenue of $0, expenses of $38K, and assets of $130K (revenue -100.0% year-over-year).
- 2013: Revenue of $52, expenses of $33K, and assets of $169K (revenue -100.0% year-over-year).
- 2012: Revenue of $228K, expenses of $88K, and assets of $202K (revenue +3057.8% year-over-year).
- 2011: Revenue of $7K, expenses of $106K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George & Martha Rich Foundation:
Data Sources and Methodology
This transparency report for George & Martha Rich 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.