Rainy Day Fund
EIN: 854106379 · Columbia, SC · NTEE: I40
| Metric | Value |
|---|---|
| Total Revenue | $313K |
| Total Expenses | $101K |
| Net Assets | $52K |
Is Rainy Day Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rainy Day Fund
Rainy Day Fund (EIN: 854106379) is a nonprofit organization based in Columbia, SC, classified under NTEE code I40. The organization reported total revenue of $313K and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rainy Day Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rainy Day Fund is a small nonprofit that has been operating for 5 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $101K |
| Surplus / Deficit | +$5K |
| Total Assets | $55K |
| Total Liabilities | $4K |
| Net Assets | $52K |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2023, Rainy Day Fund reported a surplus of $5K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
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 Rainy Day Fund 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 Rainy Day Fund 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Frequently Asked Questions about Rainy Day Fund
Is Rainy Day Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Rainy Day Fund (EIN: 854106379) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rainy Day Fund spend its money?
Detailed spending breakdown data is not yet available for Rainy Day Fund. Check back for updated IRS 990 analysis.
Are donations to Rainy Day Fund tax-deductible?
Rainy Day Fund is registered as a tax-exempt nonprofit (EIN: 854106379). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rainy Day Fund located?
Rainy Day Fund is headquartered in Columbia, South Carolina and files with the IRS under EIN 854106379. It is classified under NTEE code I40.
Filing History
IRS 990 filing history for Rainy Day Fund showing financial trends over 1 year of public records:
In its most recent filing year (2023), Rainy Day Fund reported a surplus of $5K, with revenue exceeding expenses. The organization holds $4K in liabilities against $55K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $106K | $101K | $55K | $4K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rainy Day Fund:
Data Sources and Methodology
This transparency report for Rainy Day Fund 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.