Ralph And Clara Shuster Foundation Inc
Ralph And Clara Shuster Foundation: Consistent Grantmaking, Minimal Overhead
EIN: 221714042 · Providence, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $330K |
| Total Expenses | $128K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.8M |
| Transparency Score | 75/100 |
Is Ralph And Clara Shuster Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ralph And Clara Shuster Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ralph And Clara Shuster Foundation Inc
Ralph And Clara Shuster Foundation Inc (EIN: 221714042) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $330K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ralph And Clara Shuster Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ralph And Clara Shuster Foundation Inc is a small nonprofit that has been operating for 65 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $128K |
| Surplus / Deficit | $-3,876 |
| Total Assets | $1.8M |
| Total Liabilities | $1 |
| Net Assets | $1.8M |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 171.4 months |
Financial Health Grade: B
In 2023, Ralph And Clara Shuster Foundation Inc reported a deficit of $4K with expenses exceeding revenue, holds 171.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ralph And Clara Shuster Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.6% | -15.5% | -0.2% |
| 2022 | -7.2% | +27.3% | +1.2% |
| 2021 | +87.3% | +12.0% | +3.9% |
| 2020 | +38.4% | -19.9% | -0.4% |
| 2019 | -72.0% | -4.1% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1961 |
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 Ralph And Clara Shuster Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Ralph And Clara Shuster Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating a volunteer-led organization or one with no paid executives.
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.
Strengths
The following positive indicators were identified for Ralph And Clara Shuster Foundation Inc:
- Consistent grantmaking activity with reported revenue of $124,285 in 2023 and $174,000 in 2022.
- Very low administrative and fundraising expenses, with total expenses of $128,161 in 2023 and $151,636 in 2022, suggesting high efficiency.
- Stable asset base, consistently around $1.7 - $1.8 million over the past decade, indicating financial stability.
- No reported executive compensation, maximizing funds available for programs.
Frequently Asked Questions about Ralph And Clara Shuster Foundation Inc
Is Ralph And Clara Shuster Foundation Inc a legitimate charity?
Ralph And Clara Shuster Foundation Inc (EIN: 221714042) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $330K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Ralph And Clara Shuster Foundation Inc spend its money?
Ralph And Clara Shuster Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ralph And Clara Shuster Foundation Inc tax-deductible?
Ralph And Clara Shuster Foundation Inc is registered as a tax-exempt nonprofit (EIN: 221714042). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ralph And Clara Shuster Foundation Inc CEO make?
Ralph And Clara Shuster Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $330K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ralph And Clara Shuster Foundation Inc's spending goes to programs?
Ralph And Clara Shuster Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ralph And Clara Shuster Foundation Inc located?
Ralph And Clara Shuster Foundation Inc is headquartered in Providence, Rhode Island and files with the IRS under EIN 221714042.
How many years of IRS 990 filings does Ralph And Clara Shuster Foundation Inc have?
Ralph And Clara Shuster Foundation Inc has 10 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 $330K in total revenue.
What does Ralph And Clara Shuster Foundation Inc do?
Ralph And Clara Shuster Foundation Inc is a nonprofit organization in the Unknown sector, located in Providence, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Ralph And Clara Shuster Foundation Inc have?
Ralph And Clara Shuster Foundation Inc reported total revenue of $329,636. Based on 10 IRS 990 filings on record.
What are Ralph And Clara Shuster Foundation Inc's total assets?
Ralph And Clara Shuster Foundation Inc holds total assets of $1,830,355 as reported in IRS 990 filings.
Where is Ralph And Clara Shuster Foundation Inc located?
Ralph And Clara Shuster Foundation Inc is based in Providence, Rhode Island.
What is Ralph And Clara Shuster Foundation Inc's EIN?
Ralph And Clara Shuster Foundation Inc's Employer Identification Number (EIN) is 221714042. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ralph And Clara Shuster Foundation Inc?
Ralph And Clara Shuster Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Ralph And Clara Shuster Foundation Inc a registered 501(c)(3)?
Ralph And Clara Shuster Foundation Inc appears in IRS records (EIN: 221714042). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ralph And Clara Shuster Foundation Inc file IRS Form 990?
Yes, Ralph And Clara Shuster Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202311.
What was Ralph And Clara Shuster Foundation Inc's revenue in 2023?
In the 202311 filing period, Ralph And Clara Shuster Foundation Inc reported total revenue of $124,285, total expenses of $128,161, and net assets of $1,830,355.
Is Ralph And Clara Shuster Foundation Inc's revenue growing or declining?
Ralph And Clara Shuster Foundation Inc's revenue is declining. Revenue went from $174,000 (202211) to $124,285 (202311), a -28.6% change. Based on 10 filings on record.
What is Ralph And Clara Shuster Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Ralph And Clara Shuster Foundation Inc covers tax period 202311. It shows revenue of $124,285, expenses of $128,161, total assets of $1,830,355, and liabilities of $1.
How much does Ralph And Clara Shuster Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Ralph And Clara Shuster Foundation Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Ralph And Clara Shuster Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Ralph And Clara Shuster Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Ralph And Clara Shuster Foundation Inc's strengths?
Positive indicators for Ralph And Clara Shuster Foundation Inc include: Consistent grantmaking activity with reported revenue of $124,285 in 2023 and $174,000 in 2022.. Very low administrative and fundraising expenses, with total expenses of $128,161 in 2023 and $151,636 in 2022, suggesting high efficiency.. Stable asset base, consistently around $1.7 - $1.8 million over the past decade, indicating financial stability.. No reported executive compensation, maximizing funds available for programs.. These findings are derived from AI analysis of the organization's financial filings.
How does Ralph And Clara Shuster Foundation Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating a volunteer-led organization or one with no paid executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent asset base and revenue, what is the primary mechanism for the foundation's grant distribution?
The foundation appears to operate primarily as a grant-making entity, distributing funds to other organizations or individuals, as evidenced by its consistent revenue and expense figures, with expenses largely aligning with revenue, suggesting direct program support rather than significant operational overhead.
How does the absence of executive compensation impact the foundation's operational model and long-term sustainability?
The absence of executive compensation suggests a volunteer-driven or very lean operational model, which significantly reduces administrative costs. While this maximizes funds for programs, it could also imply reliance on dedicated volunteers, which might pose sustainability challenges if volunteer availability or capacity changes over time.
Filing History
IRS 990 filing history for Ralph And Clara Shuster Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ralph And Clara Shuster Foundation Inc's revenue has grown by 237.7%, moving from $37K to $124K. Total assets increased by 12.2% over the same period, from $1.6M to $1.8M. Total functional expenses rose by 8.4%, from $118K to $128K. In its most recent filing year (2023), Ralph And Clara Shuster Foundation Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $128K | $1.8M | $1 | — | View 990 |
| 2022 | $174K | $152K | $1.8M | $1 | — | View 990 |
| 2021 | $187K | $119K | $1.8M | $1 | — | — |
| 2020 | $100K | $106K | $1.7M | $1 | — | — |
| 2019 | $72K | $133K | $1.7M | $1 | — | View 990 |
| 2015 | $258K | $138K | $1.8M | $1 | — | View 990 |
| 2014 | $123K | $117K | $1.6M | $1 | — | View 990 |
| 2013 | $95K | $85K | $1.6M | $1 | — | View 990 |
| 2012 | $100K | $114K | $1.6M | $0 | — | View 990 |
| 2011 | $37K | $118K | $1.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $128K, and assets of $1.8M (revenue -28.6% year-over-year).
- 2022: Revenue of $174K, expenses of $152K, and assets of $1.8M (revenue -7.2% year-over-year).
- 2021: Revenue of $187K, expenses of $119K, and assets of $1.8M (revenue +87.3% year-over-year).
- 2020: Revenue of $100K, expenses of $106K, and assets of $1.7M (revenue +38.4% year-over-year).
- 2019: Revenue of $72K, expenses of $133K, and assets of $1.7M (revenue -72.0% year-over-year).
- 2015: Revenue of $258K, expenses of $138K, and assets of $1.8M (revenue +110.2% year-over-year).
- 2014: Revenue of $123K, expenses of $117K, and assets of $1.6M (revenue +28.8% year-over-year).
- 2013: Revenue of $95K, expenses of $85K, and assets of $1.6M (revenue -4.5% year-over-year).
- 2012: Revenue of $100K, expenses of $114K, and assets of $1.6M (revenue +171.1% year-over-year).
- 2011: Revenue of $37K, expenses of $118K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ralph And Clara Shuster Foundation Inc:
Data Sources and Methodology
This transparency report for Ralph And Clara Shuster Foundation 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.