Rannie Webster Foundation

Rannie Webster Foundation shows consistent growth in assets despite recent operational deficits.

EIN: 20331198 · Rye, NH · Updated: 2026-03-28

$22.5MRevenue

$24.9MAssets

85/100Mission Score (Excellent)

About Rannie Webster Foundation

Rannie Webster Foundation (EIN: 20331198) is a nonprofit organization based in Rye, NH. The organization reported total revenue of $22.5M and total assets of $24.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rannie Webster Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Rannie Webster Foundation demonstrates consistent financial activity over the past decade, with revenues and expenses generally increasing. In the latest period (202308), the organization reported revenues of $14,821,590 against expenses of $16,040,477, indicating a deficit for that year. This trend of expenses exceeding revenue is also observed in 202208 and 202008, suggesting a reliance on prior year surpluses or asset drawdowns. The foundation's assets have grown significantly over time, from $6,356,712 in 201408 to $19,999,546 in 202308, indicating a strong financial base despite recent operational deficits. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that officers are uncompensated, which is a positive indicator for donor confidence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rannie Webster Foundation 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Rannie Webster Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensation is not reported in this category, which is a strong positive for an organization of its size with assets nearing $20 million.

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 Rannie Webster Foundation's IRS 990 filings:

Expenses exceeded revenue in the latest two reporting periods (202308 and 202208), indicating operational deficits.
Liabilities are substantial relative to assets, with $17,732,725 in liabilities against $19,999,546 in assets in 202308.

Strengths

The following positive indicators were identified for Rannie Webster Foundation:

Consistent reporting of 0% officer compensation across all filings, indicating strong financial transparency or volunteer leadership.
Significant growth in assets over the past decade, from $6,356,712 in 201408 to $19,999,546 in 202308.
Long history of IRS 990 filings (11 filings), demonstrating consistent compliance and transparency.

Frequently Asked Questions about Rannie Webster Foundation

Is the Rannie Webster Foundation financially stable?

While the foundation has experienced operational deficits in recent years (e.g., $1,218,887 in 202308), its substantial and growing asset base, reaching $19,999,546 in 202308, suggests a strong underlying financial stability capable of absorbing these short-term deficits.

How has the foundation's asset base changed over time?

The foundation's assets have shown significant growth, increasing from $6,356,712 in 201408 to $19,999,546 in 202308, demonstrating a substantial accumulation of resources over the past decade.

What is the trend in revenue and expenses?

Both revenue and expenses have generally increased over the past decade. However, in the most recent periods (202308 and 202208), expenses have exceeded revenue, indicating a negative operating margin for those years.

Filing History

IRS 990 filing history for Rannie Webster Foundation showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Rannie Webster Foundation's revenue has grown by 82.6%, moving from $8.1M to $14.8M. Total assets increased by 208.7% over the same period, from $6.5M to $20.0M. Total functional expenses rose by 108%, from $7.7M to $16.0M. In its most recent filing year (2023), Rannie Webster Foundation reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $17.7M in liabilities against $20.0M in assets (debt-to-asset ratio: 88.7%), resulting in net assets of $2.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$14.8M	$16.0M	$20.0M	$17.7M	—	View 990
2022	$13.5M	$14.9M	$21.8M	$17.9M	—	View 990
2021	$14.7M	$14.0M	$23.5M	$17.8M	—	View 990
2020	$13.5M	$14.0M	$24.1M	$19.4M	—	View 990
2019	$13.3M	$13.1M	$22.6M	$17.7M	—	View 990
2018	$12.7M	$12.6M	$22.6M	$17.8M	—	View 990
2017	$11.9M	$11.6M	$21.5M	$17.2M	—	View 990
2016	$8.7M	$9.1M	$20.8M	$17.2M	—	View 990
2015	$8.0M	$7.8M	$14.9M	$10.3M	—	View 990
2014	$7.8M	$8.0M	$6.4M	$1.5M	—	View 990
2013	$8.1M	$7.7M	$6.5M	$1.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $14.8M, expenses of $16.0M, and assets of $20.0M (revenue +9.6% year-over-year).
2022: Revenue of $13.5M, expenses of $14.9M, and assets of $21.8M (revenue -7.8% year-over-year).
2021: Revenue of $14.7M, expenses of $14.0M, and assets of $23.5M (revenue +8.7% year-over-year).
2020: Revenue of $13.5M, expenses of $14.0M, and assets of $24.1M (revenue +1.7% year-over-year).
2019: Revenue of $13.3M, expenses of $13.1M, and assets of $22.6M (revenue +4.3% year-over-year).
2018: Revenue of $12.7M, expenses of $12.6M, and assets of $22.6M (revenue +7.1% year-over-year).
2017: Revenue of $11.9M, expenses of $11.6M, and assets of $21.5M (revenue +36.5% year-over-year).
2016: Revenue of $8.7M, expenses of $9.1M, and assets of $20.8M (revenue +9.3% year-over-year).
2015: Revenue of $8.0M, expenses of $7.8M, and assets of $14.9M (revenue +2.5% year-over-year).
2014: Revenue of $7.8M, expenses of $8.0M, and assets of $6.4M (revenue -4.3% year-over-year).
2013: Revenue of $8.1M, expenses of $7.7M, and assets of $6.5M.

Data Sources and Methodology

This transparency report for Rannie Webster Foundation 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.