Rader Ward Foundation
EIN: 822265255 · Mauldin, SC · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $16K |
| Net Assets | $110K |
Is Rader Ward Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rader Ward Foundation
Rader Ward Foundation (EIN: 822265255) is a nonprofit organization based in Mauldin, SC, classified under NTEE code T22. The organization reported total revenue of $7K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rader Ward Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rader Ward Foundation is a micro nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -40.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $16K |
| Surplus / Deficit | $-8,354 |
| Total Assets | $110K |
| Total Liabilities | $1 |
| Net Assets | $110K |
| Operating Margin | -108.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 81.7 months |
Financial Health Grade: B
In 2023, Rader Ward Foundation reported a deficit of $8K with expenses exceeding revenue, holds 81.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Rader Ward Foundation's revenue has declined at a compound annual growth rate (CAGR) of -40.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.8% | +16.5% | -7.1% |
| 2022 | +30.6% | +14.0% | -0.2% |
| 2021 | -80.9% | -21.4% | -1.9% |
| 2020 | -14.3% | +200.7% | +41.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rader Ward Foundation 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 Rader Ward Foundation 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Rader Ward Foundation
Is Rader Ward Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rader Ward Foundation (EIN: 822265255) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rader Ward Foundation spend its money?
Detailed spending breakdown data is not yet available for Rader Ward Foundation. Check back for updated IRS 990 analysis.
Are donations to Rader Ward Foundation tax-deductible?
Rader Ward Foundation is registered as a tax-exempt nonprofit (EIN: 822265255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rader Ward Foundation located?
Rader Ward Foundation is headquartered in Mauldin, South Carolina and files with the IRS under EIN 822265255. It is classified under NTEE code T22.
How many years of IRS 990 filings does Rader Ward Foundation have?
Rader Ward Foundation has 5 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 $7K in total revenue.
Filing History
IRS 990 filing history for Rader Ward Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Rader Ward Foundation's revenue has declined by 87.8%, moving from $63K to $8K. Total assets increased by 28.3% over the same period, from $85K to $110K. Total functional expenses rose by 214%, from $5K to $16K. In its most recent filing year (2023), Rader Ward Foundation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $110K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $110K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $16K | $110K | $1 | — | — |
| 2022 | $14K | $14K | $118K | $1 | — | — |
| 2021 | $10K | $12K | $118K | $1 | — | — |
| 2020 | $54K | $15K | $121K | $1 | — | — |
| 2019 | $63K | $5K | $85K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $16K, and assets of $110K (revenue -42.8% year-over-year).
- 2022: Revenue of $14K, expenses of $14K, and assets of $118K (revenue +30.6% year-over-year).
- 2021: Revenue of $10K, expenses of $12K, and assets of $118K (revenue -80.9% year-over-year).
- 2020: Revenue of $54K, expenses of $15K, and assets of $121K (revenue -14.3% year-over-year).
- 2019: Revenue of $63K, expenses of $5K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rader Ward Foundation:
Data Sources and Methodology
This transparency report for Rader Ward Foundation 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.