Irene And Carroll Rheinstrom Fund B
Irene And Carroll Rheinstrom Fund B maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 137174711 · Pittsburgh, PA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $512K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $8.6M |
| Transparency Score | 95/100 |
Is Irene And Carroll Rheinstrom Fund B Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Irene And Carroll Rheinstrom Fund B directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Irene And Carroll Rheinstrom Fund B
Irene And Carroll Rheinstrom Fund B (EIN: 137174711) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code T22. The organization reported total revenue of $3.8M and total assets of $9.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Irene And Carroll Rheinstrom Fund B's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Irene And Carroll Rheinstrom Fund B is a mid-size nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $699K |
| Total Expenses | $512K |
| Surplus / Deficit | +$187K |
| Total Assets | $8.6M |
| Total Liabilities | $1 |
| Net Assets | $8.6M |
| Operating Margin | 26.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 201.0 months |
Financial Health Grade: A
In 2023, Irene And Carroll Rheinstrom Fund B reported a surplus of $187K with revenue exceeding expenses, holds 201.0 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), Irene And Carroll Rheinstrom Fund B's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.7% | -12.6% | +2.2% |
| 2022 | -45.8% | +20.8% | +-0.0% |
| 2021 | +268.7% | -1.2% | +7.6% |
| 2020 | -8.1% | +0.4% | -2.5% |
| 2019 | -54.6% | +12.1% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Irene And Carroll Rheinstrom Fund B 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Irene And Carroll Rheinstrom Fund B allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 surplus of $187K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly efficient for a nonprofit of its size with assets over $8 million.
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 Irene And Carroll Rheinstrom Fund B:
- Zero officer compensation reported across all filings, indicating highly efficient use of funds.
- Consistent growth in assets, from $7.08M in 2011 to $8.58M in 2023, demonstrating strong financial health.
- Minimal liabilities ($0 or $1) reported in all filings, reflecting sound financial management.
- Stable expense base (typically $400k-$500k annually) despite fluctuating revenues, suggesting predictable operations.
- High mission score due to efficiency, transparency, and program focus inherent in a grantmaking foundation with no executive compensation.
Frequently Asked Questions about Irene And Carroll Rheinstrom Fund B
Is Irene And Carroll Rheinstrom Fund B a legitimate charity?
Based on AI analysis of IRS 990 filings, Irene And Carroll Rheinstrom Fund B (EIN: 137174711) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Irene And Carroll Rheinstrom Fund B spend its money?
Irene And Carroll Rheinstrom Fund B directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Irene And Carroll Rheinstrom Fund B tax-deductible?
Irene And Carroll Rheinstrom Fund B is registered as a tax-exempt nonprofit (EIN: 137174711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Irene And Carroll Rheinstrom Fund B CEO make?
Irene And Carroll Rheinstrom Fund B's highest-compensated officer earns $8 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Irene And Carroll Rheinstrom Fund B compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Irene And Carroll Rheinstrom Fund B is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Irene And Carroll Rheinstrom Fund B located?
Irene And Carroll Rheinstrom Fund B is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 137174711. It is classified under NTEE code T22.
How many years of IRS 990 filings does Irene And Carroll Rheinstrom Fund B have?
Irene And Carroll Rheinstrom Fund B 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 $3.8M in total revenue.
Is Irene And Carroll Rheinstrom Fund B a good charity?
Based on its financial data, the Irene And Carroll Rheinstrom Fund B appears to be a very good charity, particularly for a grantmaking foundation. It consistently reports zero officer compensation, maintains a healthy and growing asset base (from $7.08M in 2011 to $8.58M in 2023), and has minimal liabilities, indicating strong financial stewardship and a high proportion of funds likely directed to its charitable mission.
How does the organization manage its administrative costs?
The organization demonstrates excellent control over administrative costs, particularly by reporting 0% officer compensation across all filings. This suggests that executive leadership is either volunteer-based or compensated through other means not reported as officer compensation, allowing more funds to be used for its charitable purpose.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the past decade, growing from $7,087,405 in 2011 to $8,585,600 in 2023, indicating strong financial health and effective asset management.
Filing History
IRS 990 filing history for Irene And Carroll Rheinstrom Fund B showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Irene And Carroll Rheinstrom Fund B's revenue has grown by 36.3%, moving from $513K to $699K. Total assets increased by 21.1% over the same period, from $7.1M to $8.6M. Total functional expenses rose by 52.4%, from $336K to $512K. In its most recent filing year (2023), Irene And Carroll Rheinstrom Fund B reported a surplus of $187K, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $699K | $512K | $8.6M | $1 | — | View 990 |
| 2022 | $585K | $587K | $8.4M | $1 | — | View 990 |
| 2021 | $1.1M | $486K | $8.4M | $1 | — | — |
| 2020 | $292K | $492K | $7.8M | $1 | — | — |
| 2019 | $318K | $490K | $8.0M | $0 | — | View 990 |
| 2015 | $701K | $437K | $7.7M | $0 | — | View 990 |
| 2014 | $1.1M | $475K | $7.5M | $0 | — | View 990 |
| 2013 | $468K | $462K | $6.9M | $0 | — | View 990 |
| 2012 | $177K | $415K | $6.8M | $0 | — | View 990 |
| 2011 | $513K | $336K | $7.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $699K, expenses of $512K, and assets of $8.6M (revenue +19.7% year-over-year).
- 2022: Revenue of $585K, expenses of $587K, and assets of $8.4M (revenue -45.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $486K, and assets of $8.4M (revenue +268.7% year-over-year).
- 2020: Revenue of $292K, expenses of $492K, and assets of $7.8M (revenue -8.1% year-over-year).
- 2019: Revenue of $318K, expenses of $490K, and assets of $8.0M (revenue -54.6% year-over-year).
- 2015: Revenue of $701K, expenses of $437K, and assets of $7.7M (revenue -35.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $475K, and assets of $7.5M (revenue +130.4% year-over-year).
- 2013: Revenue of $468K, expenses of $462K, and assets of $6.9M (revenue +165.1% year-over-year).
- 2012: Revenue of $177K, expenses of $415K, and assets of $6.8M (revenue -65.6% year-over-year).
- 2011: Revenue of $513K, expenses of $336K, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Irene And Carroll Rheinstrom Fund B:
Data Sources and Methodology
This transparency report for Irene And Carroll Rheinstrom Fund B 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.