Horst Rechelbacher Foundation
EIN: 411956679 · Osceola, WI · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $1.5M |
| Net Assets | $22.5M |
Is Horst Rechelbacher Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Horst Rechelbacher Foundation
Horst Rechelbacher Foundation (EIN: 411956679) is a nonprofit organization based in Osceola, WI, classified under NTEE code T23. The organization reported total revenue of $3.3M and total assets of $21.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Horst Rechelbacher Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Horst Rechelbacher Foundation is a mid-size nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $262K |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-1,272,316 |
| Total Assets | $22.5M |
| Total Liabilities | $1 |
| Net Assets | $22.5M |
| Operating Margin | -486.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 176.0 months |
Financial Health Grade: B
In 2023, Horst Rechelbacher Foundation reported a deficit of $1.3M with expenses exceeding revenue, holds 176.0 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), Horst Rechelbacher Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.6% | -0.2% | -5.8% |
| 2022 | +16.9% | +6.4% | -4.1% |
| 2021 | -22.9% | -10.2% | -3.7% |
| 2020 | -77.4% | +5.5% | -3.8% |
| 2019 | -71.1% | +780.5% | +194.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Horst Rechelbacher 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 Horst Rechelbacher 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 deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Horst Rechelbacher Foundation
Is Horst Rechelbacher Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Horst Rechelbacher Foundation (EIN: 411956679) insufficient data. 0 red flags identified, 0 strengths noted.
How does Horst Rechelbacher Foundation spend its money?
Detailed spending breakdown data is not yet available for Horst Rechelbacher Foundation. Check back for updated IRS 990 analysis.
Are donations to Horst Rechelbacher Foundation tax-deductible?
Horst Rechelbacher Foundation is registered as a tax-exempt nonprofit (EIN: 411956679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Horst Rechelbacher Foundation located?
Horst Rechelbacher Foundation is headquartered in Osceola, Wisconsin and files with the IRS under EIN 411956679. It is classified under NTEE code T23.
How many years of IRS 990 filings does Horst Rechelbacher Foundation have?
Horst Rechelbacher 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 $3.3M in total revenue.
Filing History
IRS 990 filing history for Horst Rechelbacher Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Horst Rechelbacher Foundation's revenue has declined by 48.1%, moving from $504K to $262K. Total assets increased by 33474.9% over the same period, from $67K to $22.5M. Total functional expenses rose by 212.2%, from $491K to $1.5M. In its most recent filing year (2023), Horst Rechelbacher Foundation reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $22.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $22.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $262K | $1.5M | $22.5M | $1 | — | View 990 |
| 2022 | $541K | $1.5M | $23.9M | $1 | — | View 990 |
| 2021 | $463K | $1.4M | $24.9M | $1 | — | View 990 |
| 2020 | $600K | $1.6M | $25.8M | $1 | — | — |
| 2019 | $2.7M | $1.5M | $26.9M | $1 | — | View 990 |
| 2015 | $9.2M | $173K | $9.1M | $1 | — | View 990 |
| 2014 | $831K | $1.0M | $86K | $1 | — | View 990 |
| 2013 | $805K | $665K | $274K | $1 | — | View 990 |
| 2012 | $305K | $237K | $134K | $1 | — | View 990 |
| 2011 | $504K | $491K | $67K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $262K, expenses of $1.5M, and assets of $22.5M (revenue -51.6% year-over-year).
- 2022: Revenue of $541K, expenses of $1.5M, and assets of $23.9M (revenue +16.9% year-over-year).
- 2021: Revenue of $463K, expenses of $1.4M, and assets of $24.9M (revenue -22.9% year-over-year).
- 2020: Revenue of $600K, expenses of $1.6M, and assets of $25.8M (revenue -77.4% year-over-year).
- 2019: Revenue of $2.7M, expenses of $1.5M, and assets of $26.9M (revenue -71.1% year-over-year).
- 2015: Revenue of $9.2M, expenses of $173K, and assets of $9.1M (revenue +1008.3% year-over-year).
- 2014: Revenue of $831K, expenses of $1.0M, and assets of $86K (revenue +3.3% year-over-year).
- 2013: Revenue of $805K, expenses of $665K, and assets of $274K (revenue +164.1% year-over-year).
- 2012: Revenue of $305K, expenses of $237K, and assets of $134K (revenue -39.5% year-over-year).
- 2011: Revenue of $504K, expenses of $491K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Horst Rechelbacher Foundation:
Data Sources and Methodology
This transparency report for Horst Rechelbacher 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.