Rahmat E Alam Foundation Of Washington
EIN: 475124782 · Bellevue, WA · NTEE: X40
| Metric | Value |
|---|---|
| Total Revenue | $373K |
| Total Expenses | $215K |
| Net Assets | $3.1M |
Is Rahmat E Alam Foundation Of Washington Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rahmat E Alam Foundation Of Washington
Rahmat E Alam Foundation Of Washington (EIN: 475124782) is a nonprofit organization based in Bellevue, WA, classified under NTEE code X40. The organization reported total revenue of $373K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rahmat E Alam Foundation Of Washington's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rahmat E Alam Foundation Of Washington is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $215K |
| Surplus / Deficit | +$790K |
| Total Assets | $3.4M |
| Total Liabilities | $277K |
| Net Assets | $3.1M |
| Operating Margin | 78.6% |
| Debt-to-Asset Ratio | 8.2% |
| Months of Reserves | 187.4 months |
Financial Health Grade: A
In 2023, Rahmat E Alam Foundation Of Washington reported a surplus of $790K with revenue exceeding expenses, holds 187.4 months of operating reserves (strong position), has a debt-to-asset ratio of 8.2% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Rahmat E Alam Foundation Of Washington's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.0% | -34.6% | +29.2% |
| 2022 | -7.3% | -10.0% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rahmat E Alam Foundation Of Washington 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 Rahmat E Alam Foundation Of Washington 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 surplus of $790K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.2%.
Frequently Asked Questions about Rahmat E Alam Foundation Of Washington
Is Rahmat E Alam Foundation Of Washington a legitimate charity?
Rahmat E Alam Foundation Of Washington (EIN: 475124782) is a registered tax-exempt nonprofit based in Washington. It has 3 years of IRS 990 filings on record. Total revenue: $373K. No red flags identified. Financial health grade: A.
How does Rahmat E Alam Foundation Of Washington spend its money?
Rahmat E Alam Foundation Of Washington reported $373K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rahmat E Alam Foundation Of Washington tax-deductible?
Rahmat E Alam Foundation Of Washington is registered as a tax-exempt nonprofit (EIN: 475124782). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rahmat E Alam Foundation Of Washington located?
Rahmat E Alam Foundation Of Washington is headquartered in Bellevue, Washington and files with the IRS under EIN 475124782. It is classified under NTEE code X40.
How many years of IRS 990 filings does Rahmat E Alam Foundation Of Washington have?
Rahmat E Alam Foundation Of Washington has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $373K in total revenue.
Filing History
IRS 990 filing history for Rahmat E Alam Foundation Of Washington showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Rahmat E Alam Foundation Of Washington's revenue has grown by 39%, moving from $723K to $1.0M. Total assets increased by 39.8% over the same period, from $2.4M to $3.4M. Total functional expenses fell by 41.2%, from $366K to $215K. In its most recent filing year (2023), Rahmat E Alam Foundation Of Washington reported a surplus of $790K, with revenue exceeding expenses. The organization holds $277K in liabilities against $3.4M in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $215K | $3.4M | $277K | — | View 990 |
| 2022 | $670K | $329K | $2.6M | $307K | — | View 990 |
| 2021 | $723K | $366K | $2.4M | $452K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $215K, and assets of $3.4M (revenue +50.0% year-over-year).
- 2022: Revenue of $670K, expenses of $329K, and assets of $2.6M (revenue -7.3% year-over-year).
- 2021: Revenue of $723K, expenses of $366K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rahmat E Alam Foundation Of Washington:
Data Sources and Methodology
This transparency report for Rahmat E Alam Foundation Of Washington 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.