Melissa Lea Reicks Foundation Inc
Melissa Lea Reicks Foundation shows fluctuating revenues and expenses with no officer compensation.
EIN: 208600185 · Lawler, IA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $93K |
| Total Expenses | $77K |
| Program Spending | 90% |
| Net Assets | $21K |
| Transparency Score | 85/100 |
Is Melissa Lea Reicks Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Melissa Lea Reicks Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Melissa Lea Reicks Foundation Inc
Melissa Lea Reicks Foundation Inc (EIN: 208600185) is a nonprofit organization based in Lawler, IA, classified under NTEE code T22. The organization reported total revenue of $93K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Melissa Lea Reicks Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Melissa Lea Reicks Foundation Inc is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $77K |
| Surplus / Deficit | +$18K |
| Total Assets | $21K |
| Total Liabilities | $1 |
| Net Assets | $21K |
| Operating Margin | 19.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Melissa Lea Reicks Foundation Inc reported a surplus of $18K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Melissa Lea Reicks Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.7% | -47.0% | +557.2% |
| 2022 | -51.2% | -22.9% | -92.0% |
| 2021 | +294.1% | +142.4% | +432.1% |
| 2020 | -71.3% | -56.9% | -73.8% |
| 2019 | +620.5% | +132.9% | +891.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Melissa Lea Reicks Foundation Inc with a Mission Score of 85 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, Melissa Lea Reicks Foundation Inc 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 $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is commendable for a nonprofit of its 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.
Red Flags
The following concerns were identified during AI analysis of Melissa Lea Reicks Foundation Inc's IRS 990 filings:
- Inconsistent financial performance with significant year-over-year fluctuations in revenue and expenses.
- Expenses exceeding revenue in multiple years (e.g., 2022, 2020, 2015, 2013), potentially indicating reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for Melissa Lea Reicks Foundation Inc:
- Zero officer compensation across all reported periods, indicating a volunteer-driven model.
- Consistently low liabilities ($1), suggesting good debt management.
- Strong program focus implied by the absence of fundraising expenses and no officer compensation.
Frequently Asked Questions about Melissa Lea Reicks Foundation Inc
Is Melissa Lea Reicks Foundation Inc a legitimate charity?
Melissa Lea Reicks Foundation Inc (EIN: 208600185) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $93K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Melissa Lea Reicks Foundation Inc spend its money?
Melissa Lea Reicks Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Melissa Lea Reicks Foundation Inc tax-deductible?
Melissa Lea Reicks Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208600185). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Melissa Lea Reicks Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Melissa Lea Reicks Foundation Inc 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 Melissa Lea Reicks Foundation Inc located?
Melissa Lea Reicks Foundation Inc is headquartered in Lawler, Iowa and files with the IRS under EIN 208600185. It is classified under NTEE code T22.
How many years of IRS 990 filings does Melissa Lea Reicks Foundation Inc have?
Melissa Lea Reicks Foundation Inc 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 $93K in total revenue.
Is Melissa Lea Reicks Foundation Inc a good charity?
Based on the available data, the foundation appears to be a good charity in terms of its commitment to not paying officer compensation, ensuring more funds are available for its mission. However, its financial stability, as indicated by fluctuating revenues and expenses, could be a point of concern for long-term planning.
How does the organization manage its expenses relative to its revenue?
The organization's expense management varies. In some years, like 2022, expenses ($145,037) significantly exceeded revenue ($107,736), while in other years, such as 2023, revenue ($95,083) comfortably covered expenses ($76,939). This suggests inconsistent financial planning or variable program needs.
What is the trend in the organization's assets?
The organization's assets have fluctuated considerably, from a high of $53,137 in 2014 to a low of $679 in 2011, and most recently $21,400 in 2023. This volatility in assets could indicate varying levels of reserves or investment in future programs.
Filing History
IRS 990 filing history for Melissa Lea Reicks Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Melissa Lea Reicks Foundation Inc's revenue has grown by 122%, moving from $43K to $95K. Total assets increased by 3051.7% over the same period, from $679 to $21K. Total functional expenses rose by 80.3%, from $43K to $77K. In its most recent filing year (2023), Melissa Lea Reicks Foundation Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $1 in liabilities against $21K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $95K | $77K | $21K | $1 | — | — |
| 2022 | $108K | $145K | $3K | $1 | — | View 990 |
| 2021 | $221K | $188K | $41K | $1 | — | View 990 |
| 2020 | $56K | $78K | $8K | $1 | — | — |
| 2019 | $195K | $180K | $29K | $1 | — | View 990 |
| 2015 | $27K | $77K | $3K | $1 | — | View 990 |
| 2014 | $85K | $34K | $53K | $1 | — | View 990 |
| 2013 | $20K | $22K | $2K | $1 | — | View 990 |
| 2012 | $14K | $10K | $4K | $1 | — | View 990 |
| 2011 | $43K | $43K | $679 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $95K, expenses of $77K, and assets of $21K (revenue -11.7% year-over-year).
- 2022: Revenue of $108K, expenses of $145K, and assets of $3K (revenue -51.2% year-over-year).
- 2021: Revenue of $221K, expenses of $188K, and assets of $41K (revenue +294.1% year-over-year).
- 2020: Revenue of $56K, expenses of $78K, and assets of $8K (revenue -71.3% year-over-year).
- 2019: Revenue of $195K, expenses of $180K, and assets of $29K (revenue +620.5% year-over-year).
- 2015: Revenue of $27K, expenses of $77K, and assets of $3K (revenue -68.2% year-over-year).
- 2014: Revenue of $85K, expenses of $34K, and assets of $53K (revenue +333.2% year-over-year).
- 2013: Revenue of $20K, expenses of $22K, and assets of $2K (revenue +43.1% year-over-year).
- 2012: Revenue of $14K, expenses of $10K, and assets of $4K (revenue -67.9% year-over-year).
- 2011: Revenue of $43K, expenses of $43K, and assets of $679.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Melissa Lea Reicks Foundation Inc:
Data Sources and Methodology
This transparency report for Melissa Lea Reicks Foundation Inc 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.