R Consortium Inc
EIN: 474118387 · Wilmington, DE · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $914K |
| Net Assets | $958K |
Is R Consortium Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About R Consortium Inc
R Consortium Inc (EIN: 474118387) is a nonprofit organization based in Wilmington, DE, classified under NTEE code S41. The organization reported total revenue of $1.2M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of R Consortium Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
R Consortium Inc is a mid-size nonprofit that has been operating for 2 years, with 2 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $798K |
| Total Expenses | $914K |
| Surplus / Deficit | $-116,529 |
| Total Assets | $1.3M |
| Total Liabilities | $304K |
| Net Assets | $958K |
| Operating Margin | -14.6% |
| Debt-to-Asset Ratio | 24.1% |
| Months of Reserves | 16.6 months |
Financial Health Grade: B
In 2023, R Consortium Inc reported a deficit of $117K with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 24.1% (moderate leverage).
Financial Trends
Over 2 years of filings (2017–2023), R Consortium Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.3% | +192.0% | +71.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for R Consortium Inc 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 R Consortium Inc 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 $117K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.1%.
Frequently Asked Questions about R Consortium Inc
Is R Consortium Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, R Consortium Inc (EIN: 474118387) insufficient data. 0 red flags identified, 0 strengths noted.
How does R Consortium Inc spend its money?
Detailed spending breakdown data is not yet available for R Consortium Inc. Check back for updated IRS 990 analysis.
Are donations to R Consortium Inc tax-deductible?
R Consortium Inc is registered as a tax-exempt nonprofit (EIN: 474118387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is R Consortium Inc located?
R Consortium Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 474118387. It is classified under NTEE code S41.
How many years of IRS 990 filings does R Consortium Inc have?
R Consortium Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for R Consortium Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2017–2023), R Consortium Inc's revenue has grown by 34.3%, moving from $594K to $798K. Total assets increased by 71.7% over the same period, from $735K to $1.3M. Total functional expenses rose by 192%, from $313K to $914K. In its most recent filing year (2023), R Consortium Inc reported a deficit of $117K, with expenses exceeding revenue. The organization holds $304K in liabilities against $1.3M in assets (debt-to-asset ratio: 24.1%), resulting in net assets of $958K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $798K | $914K | $1.3M | $304K | — | — |
| 2017 | $594K | $313K | $735K | $159K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for R Consortium Inc:
Data Sources and Methodology
This transparency report for R Consortium 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.