Rafikis Inc
Rafikis Inc. shows declining revenue and assets, with minimal financial activity in recent years.
EIN: 134340913 · Murray, UT · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $690 |
| Program Spending | 70% |
| Net Assets | $2K |
| Transparency Score | 35/100 |
Is Rafikis Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rafikis Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Rafikis Inc
Rafikis Inc (EIN: 134340913) is a nonprofit organization based in Murray, UT, classified under NTEE code Q30. The organization reported total revenue of $0 and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rafikis Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rafikis Inc is a micro nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -39.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $690 |
| Surplus / Deficit | +$2K |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 73.0% |
| Months of Reserves | 33.5 months |
Financial Health Grade: A
In 2019, Rafikis Inc reported a surplus of $2K with revenue exceeding expenses, holds 33.5 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Rafikis Inc's revenue has declined at a compound annual growth rate (CAGR) of -39.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -100.0% | -81.9% | -76.6% |
| 2017 | -88.3% | -83.4% | -73.4% |
| 2016 | +9.6% | -63.2% | -57.9% |
| 2015 | -60.4% | +13.5% | -90.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Rafikis Inc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Rafikis Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is unpaid, which is typical for very small or volunteer-run entities.
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 Rafikis Inc's IRS 990 filings:
- Consistent decline in revenue over multiple years, from $141,241 in 2011 to $0 in the latest period.
- Latest filing shows $0 in revenue, indicating potential inactivity or cessation of operations.
- Expenses frequently exceed revenue, leading to asset depletion (e.g., 2015 expenses $32,484 vs. revenue $9,611).
- Very low asset base ($1,533 in latest period) suggesting limited capacity for future programs.
Strengths
The following positive indicators were identified for Rafikis Inc:
- Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
- No reported officer compensation, indicating a volunteer-driven or highly cost-conscious leadership.
- No reported liabilities across all filings, suggesting a debt-free status.
Frequently Asked Questions about Rafikis Inc
Is Rafikis Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rafikis Inc (EIN: 134340913) significant concerns. Mission Score: 35/100. 4 red flags identified, 3 strengths noted.
How does Rafikis Inc spend its money?
Rafikis Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rafikis Inc tax-deductible?
Rafikis Inc is registered as a tax-exempt nonprofit (EIN: 134340913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rafikis Inc's spending goes to programs?
Rafikis Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Rafikis Inc compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Rafikis Inc is below average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rafikis Inc located?
Rafikis Inc is headquartered in Murray, Utah and files with the IRS under EIN 134340913. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Rafikis Inc have?
Rafikis Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Rafikis Inc. currently active?
Based on the latest filing showing $0 revenue and minimal assets, the organization appears to be largely inactive or operating at a very minimal capacity.
What caused the significant decline in revenue since 2011?
The IRS 990 data alone does not specify the reasons for the decline, but it is a clear trend from $141,241 in 2011 to $0 in the latest period.
Does Rafikis Inc. have a sustainable financial model?
With consistent net losses in recent years and $0 revenue in the latest period, the current financial model does not appear sustainable.
Filing History
IRS 990 filing history for Rafikis Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Rafikis Inc's revenue has declined by 98.2%, moving from $141K to $3K. Total assets decreased by 93.5% over the same period, from $29K to $2K. Total functional expenses fell by 99.5%, from $132K to $690. In its most recent filing year (2019), Rafikis Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $3K | $690 | $2K | $0 | — | View 990 |
| 2018 | $0 | $360 | $64 | $0 | — | View 990 |
| 2017 | $1K | $2K | $274 | $0 | — | View 990 |
| 2016 | $11K | $12K | $1K | $0 | — | View 990 |
| 2015 | $10K | $32K | $2K | $0 | — | View 990 |
| 2014 | $24K | $29K | $25K | $0 | — | View 990 |
| 2013 | $100K | $114K | $30K | $0 | — | View 990 |
| 2012 | $57K | $44K | $43K | $0 | — | View 990 |
| 2011 | $141K | $132K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $3K, expenses of $690, and assets of $2K.
- 2018: Revenue of $0, expenses of $360, and assets of $64 (revenue -100.0% year-over-year).
- 2017: Revenue of $1K, expenses of $2K, and assets of $274 (revenue -88.3% year-over-year).
- 2016: Revenue of $11K, expenses of $12K, and assets of $1K (revenue +9.6% year-over-year).
- 2015: Revenue of $10K, expenses of $32K, and assets of $2K (revenue -60.4% year-over-year).
- 2014: Revenue of $24K, expenses of $29K, and assets of $25K (revenue -75.8% year-over-year).
- 2013: Revenue of $100K, expenses of $114K, and assets of $30K (revenue +76.2% year-over-year).
- 2012: Revenue of $57K, expenses of $44K, and assets of $43K (revenue -59.6% year-over-year).
- 2011: Revenue of $141K, expenses of $132K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rafikis Inc:
Data Sources and Methodology
This transparency report for Rafikis 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.