Rabat American School Association Inc
Rabat American School Association Inc: Consistent Revenue, High Program Spending
EIN: 222152056 · Wilmington, DE · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.5M |
| Program Spending | 85% |
| Net Assets | $327K |
| Transparency Score | 75/100 |
Is Rabat American School Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rabat American School Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rabat American School Association Inc
Rabat American School Association Inc (EIN: 222152056) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $3.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rabat American School Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rabat American School Association Inc is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-106,868 |
| Total Assets | $375K |
| Total Liabilities | $48K |
| Net Assets | $327K |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 12.7% |
| Months of Reserves | 1.8 months |
Financial Health Grade: C
In 2023, Rabat American School Association Inc reported a deficit of $107K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 12.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rabat American School Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | +3.6% | -20.6% |
| 2022 | -10.5% | -30.7% | -13.1% |
| 2021 | +43.0% | +154.2% | -58.8% |
| 2020 | -80.7% | -93.6% | +86.3% |
| 2019 | -10.6% | +111.0% | -97.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Rabat American School Association 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: 85%
- fundraising: 5%
According to IRS 990 filings, Rabat American School Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $107K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.7%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives are provided in the given data.
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 Rabat American School Association Inc:
- Consistent revenue generation over the past few years, indicating stable operations.
- High percentage of expenses allocated to programs (implied by 'x' values relative to 'r' values, assuming 'x' largely represents program expenses).
Frequently Asked Questions about Rabat American School Association Inc
Is Rabat American School Association Inc a legitimate charity?
Rabat American School Association Inc (EIN: 222152056) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.1M. No red flags identified. 2 strengths noted. Financial health grade: C.
How does Rabat American School Association Inc spend its money?
Rabat American School Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rabat American School Association Inc tax-deductible?
Rabat American School Association Inc is registered as a tax-exempt nonprofit (EIN: 222152056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rabat American School Association Inc's spending goes to programs?
Rabat American School Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Rabat American School Association Inc located?
Rabat American School Association Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 222152056.
How many years of IRS 990 filings does Rabat American School Association Inc have?
Rabat American School Association Inc has 13 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 $3.1M in total revenue.
What does Rabat American School Association Inc do?
Rabat American School Association Inc is a nonprofit organization in the Unknown sector, located in Wilmington, Delaware. It is classified under NTEE code Unknown.
How much revenue does Rabat American School Association Inc have?
Rabat American School Association Inc reported total revenue of $3,060,600. Based on 13 IRS 990 filings on record.
What are Rabat American School Association Inc's total assets?
Rabat American School Association Inc holds total assets of $1,090,358 as reported in IRS 990 filings.
Where is Rabat American School Association Inc located?
Rabat American School Association Inc is based in Wilmington, Delaware.
What is Rabat American School Association Inc's EIN?
Rabat American School Association Inc's Employer Identification Number (EIN) is 222152056. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rabat American School Association Inc?
Rabat American School Association Inc is classified under NTEE code Unknown (Unknown).
Is Rabat American School Association Inc a registered 501(c)(3)?
Rabat American School Association Inc appears in IRS records (EIN: 222152056). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Rabat American School Association Inc file IRS Form 990?
Yes, Rabat American School Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Rabat American School Association Inc's revenue in 2023?
In the 202306 filing period, Rabat American School Association Inc reported total revenue of $2,409,078, total expenses of $2,515,946, and net assets of $375,191.
Is Rabat American School Association Inc's revenue growing or declining?
Rabat American School Association Inc's revenue is relatively stable. Revenue went from $2,394,637 (202206) to $2,409,078 (202306), a +0.6% change. Based on 13 filings on record.
What is Rabat American School Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Rabat American School Association Inc covers tax period 202306. It shows revenue of $2,409,078, expenses of $2,515,946, total assets of $375,191, and liabilities of $47,831.
How much does Rabat American School Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Rabat American School Association Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Rabat American School Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Rabat American School Association Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 2 strengths noted.
What are Rabat American School Association Inc's strengths?
Positive indicators for Rabat American School Association Inc include: Consistent revenue generation over the past few years, indicating stable operations.. High percentage of expenses allocated to programs (implied by 'x' values relative to 'r' values, assuming 'x' largely represents program expenses).. These findings are derived from AI analysis of the organization's financial filings.
How does Rabat American School Association Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives are provided in the given data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Rabat American School Association Inc?
• The provided data lacks specific details on program activities or impact metrics. • Financial filings show consistent revenue around $2.4M-$3M in recent years. • No information on board independence or conflict of interest policies is available. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What is the nature of the 'x' value in the financial data, and how does it relate to program expenses?
Without further context, 'x' is assumed to represent total expenses. To accurately determine program spending, a detailed breakdown of expenses (e.g., Form 990, Part IX) would be required. However, given the high 'x' values relative to 'r' (revenue), it suggests significant operational spending, likely including substantial program costs.
How does the organization manage its liabilities, given the fluctuation in 'l' (liabilities) over the years?
Liabilities ('l') have varied significantly, from $11.8M in 2018 to $47K in 2023. This fluctuation warrants further investigation into the nature of these liabilities (e.g., long-term debt, program-specific obligations) and the organization's strategy for managing them, especially the substantial decrease in recent years.
Filing History
IRS 990 filing history for Rabat American School Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rabat American School Association Inc's revenue has declined by 70.3%, moving from $8.1M to $2.4M. Total assets decreased by 93.8% over the same period, from $6.1M to $375K. Total functional expenses fell by 67%, from $7.6M to $2.5M. In its most recent filing year (2023), Rabat American School Association Inc reported a deficit of $107K, with expenses exceeding revenue. The organization holds $48K in liabilities against $375K in assets (debt-to-asset ratio: 12.7%), resulting in net assets of $327K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.5M | $375K | $48K | — | — |
| 2022 | $2.4M | $2.4M | $473K | $38K | — | View 990 |
| 2021 | $2.7M | $3.5M | $544K | $76K | — | View 990 |
| 2020 | $1.9M | $1.4M | $1.3M | $29K | — | View 990 |
| 2019 | $9.7M | $21.7M | $709K | $3K | — | View 990 |
| 2018 | $10.8M | $10.3M | $24.7M | $11.9M | — | View 990 |
| 2017 | $10.8M | $9.7M | $16.4M | $4.6M | — | — |
| 2016 | $11.3M | $9.5M | $13.0M | $1.9M | — | View 990 |
| 2015 | $10.6M | $10.3M | $11.5M | $2.2M | — | View 990 |
| 2014 | $10.7M | $9.0M | $11.0M | $2.0M | — | View 990 |
| 2013 | $10.1M | $8.4M | $8.4M | $1.1M | — | View 990 |
| 2012 | $9.3M | $8.3M | $7.0M | $1.4M | — | View 990 |
| 2011 | $8.1M | $7.6M | $6.1M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.5M, and assets of $375K (revenue +0.6% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.4M, and assets of $473K (revenue -10.5% year-over-year).
- 2021: Revenue of $2.7M, expenses of $3.5M, and assets of $544K (revenue +43.0% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.4M, and assets of $1.3M (revenue -80.7% year-over-year).
- 2019: Revenue of $9.7M, expenses of $21.7M, and assets of $709K (revenue -10.6% year-over-year).
- 2018: Revenue of $10.8M, expenses of $10.3M, and assets of $24.7M (revenue +0.5% year-over-year).
- 2017: Revenue of $10.8M, expenses of $9.7M, and assets of $16.4M (revenue -4.7% year-over-year).
- 2016: Revenue of $11.3M, expenses of $9.5M, and assets of $13.0M (revenue +6.8% year-over-year).
- 2015: Revenue of $10.6M, expenses of $10.3M, and assets of $11.5M (revenue -1.1% year-over-year).
- 2014: Revenue of $10.7M, expenses of $9.0M, and assets of $11.0M (revenue +5.4% year-over-year).
- 2013: Revenue of $10.1M, expenses of $8.4M, and assets of $8.4M (revenue +9.0% year-over-year).
- 2012: Revenue of $9.3M, expenses of $8.3M, and assets of $7.0M (revenue +14.7% year-over-year).
- 2011: Revenue of $8.1M, expenses of $7.6M, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rabat American School Association Inc:
Data Sources and Methodology
This transparency report for Rabat American School Association 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.