R H M Foundation Inc
R H M Foundation Inc. maintains stable assets with fluctuating revenue and zero officer compensation.
EIN: 136090865 · New Milford, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $30K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $447K |
| Transparency Score | 75/100 |
Is R H M Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
R H M Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About R H M Foundation Inc
R H M Foundation Inc (EIN: 136090865) is a nonprofit organization based in New Milford, CT. The organization reported total revenue of $24K and total assets of $412K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of R H M Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
R H M Foundation Inc is a micro nonprofit that has been operating for 64 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $30K |
| Surplus / Deficit | $-6,334 |
| Total Assets | $447K |
| Total Liabilities | $1 |
| Net Assets | $447K |
| Operating Margin | -27.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 180.5 months |
Financial Health Grade: B
In 2024, R H M Foundation Inc reported a deficit of $6K with expenses exceeding revenue, holds 180.5 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 (2012–2024), R H M Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -70.7% | -53.2% | -1.4% |
| 2023 | +27.8% | +9.6% | +3.7% |
| 2022 | +106.7% | -8.7% | +1.0% |
| 2021 | -36.8% | +81.5% | -7.1% |
| 2020 | +78.5% | -29.1% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
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 R H M Foundation Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, R H M Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- 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 highly efficient for an organization of its size with assets over $400,000.
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 R H M Foundation Inc's IRS 990 filings:
- Fluctuating revenue makes long-term financial planning challenging
- Expenses exceeded revenue in multiple periods (e.g., 2024, 2021, 2019), requiring reliance on reserves
Strengths
The following positive indicators were identified for R H M Foundation Inc:
- Consistent zero officer compensation indicates strong volunteer leadership and efficient use of funds
- Stable asset base (over $400,000) provides financial resilience
- Minimal to zero liabilities demonstrates sound financial management and low risk
- Long filing history (10 filings) indicates consistent compliance and transparency
Frequently Asked Questions about R H M Foundation Inc
Is R H M Foundation Inc a legitimate charity?
R H M Foundation Inc (EIN: 136090865) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $24K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does R H M Foundation Inc spend its money?
R H M Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to R H M Foundation Inc tax-deductible?
R H M Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136090865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the R H M Foundation Inc CEO make?
R H M Foundation Inc's highest-compensated officer earns $400,000. annually. The organization reported $24K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of R H M Foundation Inc's spending goes to programs?
R H M Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is R H M Foundation Inc located?
R H M Foundation Inc is headquartered in New Milford, Connecticut and files with the IRS under EIN 136090865.
How many years of IRS 990 filings does R H M Foundation Inc have?
R H M 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 $24K in total revenue.
Is R H M Foundation Inc. financially stable?
Yes, the R H M Foundation Inc. appears financially stable, consistently maintaining assets over $390,000 (currently $412,079) and reporting minimal to zero liabilities, despite fluctuations in annual revenue and occasional deficits where expenses exceed revenue.
How does R H M Foundation Inc. manage its leadership costs?
The R H M Foundation Inc. manages its leadership costs exceptionally well, reporting 0% officer compensation across all ten available IRS 990 filings, indicating a volunteer-led executive structure.
What is the trend in R H M Foundation Inc.'s revenue?
The R H M Foundation Inc.'s revenue has been highly variable over the past decade, ranging from a low of $23,394 in 2024 to a high of $79,795 in 2023, without a clear upward or downward trend.
Does R H M Foundation Inc. have significant debt?
No, the R H M Foundation Inc. consistently reports minimal to zero liabilities across all available filings, indicating a very low debt burden.
Filing History
IRS 990 filing history for R H M Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), R H M Foundation Inc's revenue has declined by 46.1%, moving from $43K to $23K. Total assets increased by 13.3% over the same period, from $395K to $447K. Total functional expenses fell by 0.9%, from $30K to $30K. In its most recent filing year (2024), R H M Foundation Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $447K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $447K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $23K | $30K | $447K | $1 | — | View 990 |
| 2023 | $80K | $64K | $454K | $1 | — | View 990 |
| 2022 | $62K | $58K | $437K | $1 | — | — |
| 2021 | $30K | $63K | $433K | $1 | — | — |
| 2020 | $48K | $35K | $466K | $0 | — | View 990 |
| 2019 | $27K | $49K | $453K | $0 | — | — |
| 2015 | $63K | $28K | $451K | $0 | — | View 990 |
| 2014 | $54K | $37K | $416K | $0 | — | View 990 |
| 2013 | $36K | $32K | $400K | $0 | — | View 990 |
| 2012 | $43K | $30K | $395K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $23K, expenses of $30K, and assets of $447K (revenue -70.7% year-over-year).
- 2023: Revenue of $80K, expenses of $64K, and assets of $454K (revenue +27.8% year-over-year).
- 2022: Revenue of $62K, expenses of $58K, and assets of $437K (revenue +106.7% year-over-year).
- 2021: Revenue of $30K, expenses of $63K, and assets of $433K (revenue -36.8% year-over-year).
- 2020: Revenue of $48K, expenses of $35K, and assets of $466K (revenue +78.5% year-over-year).
- 2019: Revenue of $27K, expenses of $49K, and assets of $453K (revenue -57.8% year-over-year).
- 2015: Revenue of $63K, expenses of $28K, and assets of $451K (revenue +18.4% year-over-year).
- 2014: Revenue of $54K, expenses of $37K, and assets of $416K (revenue +46.9% year-over-year).
- 2013: Revenue of $36K, expenses of $32K, and assets of $400K (revenue -16.0% year-over-year).
- 2012: Revenue of $43K, expenses of $30K, and assets of $395K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for R H M Foundation Inc:
Data Sources and Methodology
This transparency report for R H M 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.