Rails Endowment For Academic Art And Athletic Development
EIN: 770672002 · Proctor, MN · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $99K |
| Total Expenses | $29K |
| Net Assets | $375K |
Is Rails Endowment For Academic Art And Athletic Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rails Endowment For Academic Art And Athletic Development
Rails Endowment For Academic Art And Athletic Development (EIN: 770672002) is a nonprofit organization based in Proctor, MN, classified under NTEE code B12. The organization reported total revenue of $99K and total assets of $735K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rails Endowment For Academic Art And Athletic Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rails Endowment For Academic Art And Athletic Development is a micro nonprofit that has been operating for 13 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $29K |
| Surplus / Deficit | +$80K |
| Total Assets | $375K |
| Net Assets | $375K |
| Operating Margin | 73.7% |
| Months of Reserves | 157.4 months |
Financial Health Grade: A
In 2023, Rails Endowment For Academic Art And Athletic Development reported a surplus of $80K with revenue exceeding expenses, holds 157.4 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rails Endowment For Academic Art And Athletic Development 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 Rails Endowment For Academic Art And Athletic Development 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 $80K, with revenue exceeding expenses.
Frequently Asked Questions about Rails Endowment For Academic Art And Athletic Development
Is Rails Endowment For Academic Art And Athletic Development a legitimate charity?
Rails Endowment For Academic Art And Athletic Development (EIN: 770672002) is a registered tax-exempt nonprofit based in Minnesota. Total revenue: $99K. No red flags identified. Financial health grade: A.
How does Rails Endowment For Academic Art And Athletic Development spend its money?
Rails Endowment For Academic Art And Athletic Development reported $99K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rails Endowment For Academic Art And Athletic Development tax-deductible?
Rails Endowment For Academic Art And Athletic Development is registered as a tax-exempt nonprofit (EIN: 770672002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rails Endowment For Academic Art And Athletic Development located?
Rails Endowment For Academic Art And Athletic Development is headquartered in Proctor, Minnesota and files with the IRS under EIN 770672002. It is classified under NTEE code B12.
Filing History
IRS 990 filing history for Rails Endowment For Academic Art And Athletic Development showing financial trends over 1 year of public records:
In its most recent filing year (2023), Rails Endowment For Academic Art And Athletic Development reported a surplus of $80K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $29K | $375K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rails Endowment For Academic Art And Athletic Development:
Data Sources and Methodology
This transparency report for Rails Endowment For Academic Art And Athletic Development 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.