Raether 1985 Charitable Trust
Raether 1985 Charitable Trust consistently distributes more than its annual revenue, drawing from a substantial asset base.
EIN: 136855420 · Miami, FL · Updated: 2026-03-28
Is Raether 1985 Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Raether 1985 Charitable Trust directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Raether 1985 Charitable Trust
Raether 1985 Charitable Trust (EIN: 136855420) is a nonprofit organization based in Miami, FL. The organization reported total revenue of $12.5M and total assets of $38.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raether 1985 Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raether 1985 Charitable Trust is a large nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $9.7M |
| Surplus / Deficit | $-6,820,843 |
| Total Assets | $43.5M |
| Total Liabilities | $1 |
| Net Assets | $43.5M |
| Operating Margin | -240.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 54.1 months |
Financial Health Grade: B
In 2023, Raether 1985 Charitable Trust reported a deficit of $6.8M with expenses exceeding revenue, holds 54.1 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 (2011–2023), Raether 1985 Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.0% | +23.4% | -13.6% |
| 2022 | -77.7% | +3.1% | -2.9% |
| 2021 | +225.8% | +53.9% | +66.2% |
| 2020 | -1.6% | -39.6% | +13.6% |
| 2019 | +98.8% | -7.8% | -15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Raether 1985 Charitable Trust with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Raether 1985 Charitable Trust allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $6.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the trust operates without paid officers or that compensation is covered by an external entity, which is highly efficient for a charitable trust of this 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 Raether 1985 Charitable Trust's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of specific programmatic focus.
Strengths
The following positive indicators were identified for Raether 1985 Charitable Trust:
- Zero officer compensation, indicating highly efficient use of funds.
- Consistent and significant distributions (expenses) often exceeding annual revenue, demonstrating commitment to mission.
- Substantial asset base ($43.5M in 2023) provides long-term financial stability.
- Minimal liabilities ($1 in recent years) suggests sound financial management.
- Strong program focus, with virtually all expenses likely directed towards charitable activities.
Frequently Asked Questions about Raether 1985 Charitable Trust
Is Raether 1985 Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Raether 1985 Charitable Trust (EIN: 136855420) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Raether 1985 Charitable Trust spend its money?
Raether 1985 Charitable Trust directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Raether 1985 Charitable Trust tax-deductible?
Raether 1985 Charitable Trust is registered as a tax-exempt nonprofit (EIN: 136855420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Raether 1985 Charitable Trust a good charity?
Based on its consistent and significant distributions (expenses often exceeding revenue, e.g., $9.6M expenses vs $2.8M revenue in 2023) and zero officer compensation, it appears to be a highly efficient and impactful charitable trust, effectively deploying its assets for its mission.
How does the trust manage its assets given fluctuating revenues?
The trust appears to manage its assets by drawing down on its substantial endowment to cover expenses that exceed annual revenue, as seen in 2023 ($9.6M expenses vs $2.8M revenue) and 2022 ($7.8M expenses vs $6.2M revenue), ensuring consistent grantmaking despite revenue volatility.
What is the typical program spending ratio for this organization?
Given the zero officer compensation and minimal liabilities, it is highly probable that the vast majority of its expenses are direct program distributions, likely exceeding 90-95% of total expenses, indicating strong program focus.
Filing History
IRS 990 filing history for Raether 1985 Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Raether 1985 Charitable Trust's revenue has grown by 21.4%, moving from $2.3M to $2.8M. Total assets increased by 15.5% over the same period, from $37.7M to $43.5M. Total functional expenses rose by 347%, from $2.2M to $9.7M. In its most recent filing year (2023), Raether 1985 Charitable Trust reported a deficit of $6.8M, with expenses exceeding revenue. The organization holds $1 in liabilities against $43.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $43.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $9.7M | $43.5M | $1 | — | View 990 |
| 2022 | $6.3M | $7.8M | $50.3M | $1 | — | View 990 |
| 2021 | $28.2M | $7.6M | $51.9M | $1 | — | View 990 |
| 2020 | $8.7M | $4.9M | $31.2M | $1 | — | — |
| 2019 | $8.8M | $8.2M | $27.5M | $1 | — | — |
| 2015 | $4.4M | $8.8M | $32.4M | $1 | — | View 990 |
| 2014 | $12.4M | $8.5M | $36.8M | $1 | — | View 990 |
| 2013 | $3.5M | $6.8M | $33.0M | $59K | — | View 990 |
| 2012 | $2.6M | $4.1M | $36.3M | $59K | — | View 990 |
| 2011 | $2.3M | $2.2M | $37.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $9.7M, and assets of $43.5M (revenue -55.0% year-over-year).
- 2022: Revenue of $6.3M, expenses of $7.8M, and assets of $50.3M (revenue -77.7% year-over-year).
- 2021: Revenue of $28.2M, expenses of $7.6M, and assets of $51.9M (revenue +225.8% year-over-year).
- 2020: Revenue of $8.7M, expenses of $4.9M, and assets of $31.2M (revenue -1.6% year-over-year).
- 2019: Revenue of $8.8M, expenses of $8.2M, and assets of $27.5M (revenue +98.8% year-over-year).
- 2015: Revenue of $4.4M, expenses of $8.8M, and assets of $32.4M (revenue -64.3% year-over-year).
- 2014: Revenue of $12.4M, expenses of $8.5M, and assets of $36.8M (revenue +252.8% year-over-year).
- 2013: Revenue of $3.5M, expenses of $6.8M, and assets of $33.0M (revenue +33.3% year-over-year).
- 2012: Revenue of $2.6M, expenses of $4.1M, and assets of $36.3M (revenue +13.1% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.2M, and assets of $37.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raether 1985 Charitable Trust:
Data Sources and Methodology
This transparency report for Raether 1985 Charitable Trust 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.