Rappahannock Foundation Inc
EIN: 541382320 · Kilmarnock, VA · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $340K |
| Total Expenses | $121K |
| Net Assets | $726K |
Is Rappahannock Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rappahannock Foundation Inc
Rappahannock Foundation Inc (EIN: 541382320) is a nonprofit organization based in Kilmarnock, VA, classified under NTEE code Z99. The organization reported total revenue of $340K and total assets of $567K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rappahannock Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rappahannock Foundation Inc is a small nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $324K |
| Total Expenses | $121K |
| Surplus / Deficit | +$203K |
| Total Assets | $769K |
| Total Liabilities | $42K |
| Net Assets | $726K |
| Operating Margin | 62.7% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 76.2 months |
Financial Health Grade: A
In 2024, Rappahannock Foundation Inc reported a surplus of $203K with revenue exceeding expenses, holds 76.2 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Rappahannock Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +120.3% | -19.4% | +30.8% |
| 2023 | -45.2% | -14.7% | +1.3% |
| 2022 | +89.4% | +371.9% | -11.4% |
| 2021 | -0.9% | -54.6% | +45.5% |
| 2020 | -36.3% | -56.5% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rappahannock Foundation Inc 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 Rappahannock Foundation Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $203K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.5%.
Frequently Asked Questions about Rappahannock Foundation Inc
Is Rappahannock Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rappahannock Foundation Inc (EIN: 541382320) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rappahannock Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Rappahannock Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Rappahannock Foundation Inc tax-deductible?
Rappahannock Foundation Inc is registered as a tax-exempt nonprofit (EIN: 541382320). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rappahannock Foundation Inc located?
Rappahannock Foundation Inc is headquartered in Kilmarnock, Virginia and files with the IRS under EIN 541382320. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Rappahannock Foundation Inc have?
Rappahannock Foundation Inc has 14 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 $340K in total revenue.
Filing History
IRS 990 filing history for Rappahannock Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Rappahannock Foundation Inc's revenue has grown by 556.8%, moving from $49K to $324K. Total assets increased by 230.4% over the same period, from $233K to $769K. Total functional expenses rose by 146.3%, from $49K to $121K. In its most recent filing year (2024), Rappahannock Foundation Inc reported a surplus of $203K, with revenue exceeding expenses. The organization holds $42K in liabilities against $769K in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $726K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $324K | $121K | $769K | $42K | — | — |
| 2023 | $147K | $150K | $587K | $2K | — | — |
| 2022 | $269K | $176K | $580K | $26K | — | View 990 |
| 2021 | $142K | $37K | $655K | $138K | — | View 990 |
| 2020 | $143K | $82K | $450K | $42K | — | View 990 |
| 2019 | $225K | $188K | $420K | $72K | — | View 990 |
| 2018 | $165K | $127K | $398K | $115K | — | View 990 |
| 2017 | $125K | $82K | $288K | $44K | — | View 990 |
| 2016 | $141K | $139K | $236K | $35K | — | View 990 |
| 2015 | $119K | $121K | $228K | $29K | — | View 990 |
| 2014 | $116K | $137K | $246K | $47K | — | View 990 |
| 2013 | $112K | $109K | $243K | $42K | — | View 990 |
| 2012 | $105K | $103K | $226K | $32K | — | View 990 |
| 2011 | $49K | $49K | $233K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $324K, expenses of $121K, and assets of $769K (revenue +120.3% year-over-year).
- 2023: Revenue of $147K, expenses of $150K, and assets of $587K (revenue -45.2% year-over-year).
- 2022: Revenue of $269K, expenses of $176K, and assets of $580K (revenue +89.4% year-over-year).
- 2021: Revenue of $142K, expenses of $37K, and assets of $655K (revenue -0.9% year-over-year).
- 2020: Revenue of $143K, expenses of $82K, and assets of $450K (revenue -36.3% year-over-year).
- 2019: Revenue of $225K, expenses of $188K, and assets of $420K (revenue +36.2% year-over-year).
- 2018: Revenue of $165K, expenses of $127K, and assets of $398K (revenue +32.1% year-over-year).
- 2017: Revenue of $125K, expenses of $82K, and assets of $288K (revenue -11.2% year-over-year).
- 2016: Revenue of $141K, expenses of $139K, and assets of $236K (revenue +17.9% year-over-year).
- 2015: Revenue of $119K, expenses of $121K, and assets of $228K (revenue +2.8% year-over-year).
- 2014: Revenue of $116K, expenses of $137K, and assets of $246K (revenue +3.8% year-over-year).
- 2013: Revenue of $112K, expenses of $109K, and assets of $243K (revenue +6.2% year-over-year).
- 2012: Revenue of $105K, expenses of $103K, and assets of $226K (revenue +113.5% year-over-year).
- 2011: Revenue of $49K, expenses of $49K, and assets of $233K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rappahannock Foundation Inc:
Data Sources and Methodology
This transparency report for Rappahannock 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.