Raised The Floor Alliance
Raised The Floor Alliance shows stable assets but frequent deficit spending, with no reported officer compensation.
EIN: 208823323 · Chicago, IL · NTEE: I80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $1.3M |
| Program Spending | 80% |
| Net Assets | $311K |
| Transparency Score | 85/100 |
Is Raised The Floor Alliance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Raised The Floor Alliance directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Raised The Floor Alliance
Raised The Floor Alliance (EIN: 208823323) is a nonprofit organization based in Chicago, IL, classified under NTEE code I80. The organization reported total revenue of $2.7M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raised The Floor Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raised The Floor Alliance is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-102,086 |
| Total Assets | $339K |
| Total Liabilities | $28K |
| Net Assets | $311K |
| Operating Margin | -8.8% |
| Debt-to-Asset Ratio | 8.3% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2023, Raised The Floor Alliance reported a deficit of $102K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 8.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Raised The Floor Alliance's revenue has grown at a compound annual growth rate (CAGR) of 17.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | -12.9% | -51.1% |
| 2022 | -23.0% | -13.5% | -21.0% |
| 2021 | -14.6% | +22.7% | -13.7% |
| 2020 | +66.8% | -0.2% | +74.0% |
| 2019 | -0.8% | +18.6% | -48.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Raised The Floor Alliance with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Raised The Floor Alliance allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $102K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.3%.
Executive Compensation Analysis
Raised The Floor Alliance consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is a highly positive sign for resource allocation and donor trust.
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 Raised The Floor Alliance's IRS 990 filings:
- Frequent deficit spending in recent fiscal years (e.g., 2023, 2022, 2021), where expenses exceeded revenue.
- Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided data, making a precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Raised The Floor Alliance:
- Consistent reporting of 0% officer compensation across all available filings, indicating efficient use of funds.
- Maintained a strong asset base relative to liabilities, suggesting financial stability despite operational deficits.
- Long operational history with 13 filings, demonstrating sustained commitment to its mission.
- Significant increase in 'Latest Revenue' to $2,723,886, potentially indicating strong recent fundraising success.
Frequently Asked Questions about Raised The Floor Alliance
Is Raised The Floor Alliance a legitimate charity?
Raised The Floor Alliance (EIN: 208823323) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Raised The Floor Alliance spend its money?
Raised The Floor Alliance directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Raised The Floor Alliance tax-deductible?
Raised The Floor Alliance is registered as a tax-exempt nonprofit (EIN: 208823323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Raised The Floor Alliance's spending goes to programs?
Raised The Floor Alliance directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Raised The Floor Alliance compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Raised The Floor Alliance is above average for NTEE category I80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Raised The Floor Alliance located?
Raised The Floor Alliance is headquartered in Chicago, Illinois and files with the IRS under EIN 208823323. It is classified under NTEE code I80.
How many years of IRS 990 filings does Raised The Floor Alliance have?
Raised The Floor Alliance has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.7M in total revenue.
Is Raised The Floor Alliance financially sustainable given its recent trend of expenses exceeding revenue?
While the organization has a solid asset base, its expenses have exceeded revenue in several recent periods (e.g., 2023, 2022, 2021). The latest reported revenue of $2,723,886 is significantly higher than previous years, which could improve sustainability if this trend continues and expenses are managed.
How does the organization fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization either relies on volunteer leadership for executive functions or compensates its leadership through other means not categorized as 'officer compensation' on the 990, or that the leadership is compensated through a related entity. This practice, if truly volunteer-led, significantly reduces overhead.
What caused the significant increase in 'Latest Revenue' to $2,723,886 compared to previous years' reported revenues around $1.1M - $1.7M?
The provided data shows a 'Latest Revenue' of $2,723,886, which is substantially higher than the revenues reported in the individual filing periods (e.g., $1,159,937 in 2023). This discrepancy suggests a recent, significant increase in funding that is not yet fully reflected in the historical period-specific filings, or it represents a different reporting metric (e.g., total revenue across multiple periods or a different fiscal year). Further detail from the most recent full 990 would be needed to understand the source and nature of this increase.
Filing History
IRS 990 filing history for Raised The Floor Alliance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Raised The Floor Alliance's revenue has grown by 614.2%, moving from $162K to $1.2M. Total assets increased by 311.7% over the same period, from $82K to $339K. Total functional expenses rose by 182.9%, from $446K to $1.3M. In its most recent filing year (2023), Raised The Floor Alliance reported a deficit of $102K, with expenses exceeding revenue. The organization holds $28K in liabilities against $339K in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $311K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $339K | $28K | — | — |
| 2022 | $1.1M | $1.4M | $693K | $270K | — | View 990 |
| 2021 | $1.5M | $1.7M | $876K | $142K | — | View 990 |
| 2020 | $1.7M | $1.4M | $1.0M | $85K | — | View 990 |
| 2019 | $1.0M | $1.4M | $584K | $20K | — | View 990 |
| 2018 | $1.0M | $1.2M | $1.1M | $13K | — | View 990 |
| 2017 | $1.1M | $859K | $472K | $18K | — | View 990 |
| 2016 | $631K | $861K | $203K | $6K | — | View 990 |
| 2015 | $485K | $257K | $436K | $9K | — | View 990 |
| 2014 | $549K | $421K | $208K | $9K | — | View 990 |
| 2013 | $321K | $313K | $85K | $14K | — | View 990 |
| 2012 | $287K | $292K | $72K | $10K | — | View 990 |
| 2011 | $162K | $446K | $82K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $339K (revenue +1.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.4M, and assets of $693K (revenue -23.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.7M, and assets of $876K (revenue -14.6% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.4M, and assets of $1.0M (revenue +66.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.4M, and assets of $584K (revenue -0.8% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.2M, and assets of $1.1M (revenue -6.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $859K, and assets of $472K (revenue +76.9% year-over-year).
- 2016: Revenue of $631K, expenses of $861K, and assets of $203K (revenue +30.3% year-over-year).
- 2015: Revenue of $485K, expenses of $257K, and assets of $436K (revenue -11.8% year-over-year).
- 2014: Revenue of $549K, expenses of $421K, and assets of $208K (revenue +70.9% year-over-year).
- 2013: Revenue of $321K, expenses of $313K, and assets of $85K (revenue +12.1% year-over-year).
- 2012: Revenue of $287K, expenses of $292K, and assets of $72K (revenue +76.4% year-over-year).
- 2011: Revenue of $162K, expenses of $446K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raised The Floor Alliance:
Data Sources and Methodology
This transparency report for Raised The Floor Alliance 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.