Ray Tanner Foundation
Ray Tanner Foundation experiences consistent operating deficits in recent years, drawing down assets.
EIN: 203317850 · Columbia, SC · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $27K |
| Total Expenses | $30K |
| Program Spending | 80% |
| Net Assets | $127K |
| Transparency Score | 65/100 |
Is Ray Tanner Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ray Tanner Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ray Tanner Foundation
Ray Tanner Foundation (EIN: 203317850) is a nonprofit organization based in Columbia, SC, classified under NTEE code T30. The organization reported total revenue of $27K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ray Tanner Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ray Tanner Foundation is a micro nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -20.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $30K |
| Surplus / Deficit | $-18,975 |
| Total Assets | $127K |
| Net Assets | $127K |
| Operating Margin | -172.2% |
| Months of Reserves | 50.8 months |
Financial Health Grade: B
In 2022, Ray Tanner Foundation reported a deficit of $19K with expenses exceeding revenue, holds 50.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Ray Tanner Foundation's revenue has declined at a compound annual growth rate (CAGR) of -20.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -51.4% | -18.0% | -22.4% |
| 2021 | -41.4% | +57.7% | -2.3% |
| 2020 | -49.7% | -36.7% | +13.7% |
| 2019 | +2.2% | -41.0% | +41.2% |
| 2018 | -20.4% | -4.9% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Ray Tanner Foundation with a Mission Score of 65 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Ray Tanner Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive for donor confidence regarding overhead.
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 Ray Tanner Foundation's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2022: $11,022 revenue vs. $29,997 expenses)
- Significant decline in total assets over the past decade (from $390,508 in 2013 to $127,839 currently)
Strengths
The following positive indicators were identified for Ray Tanner Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- No reported liabilities, demonstrating strong financial management regarding debt.
- Consistent IRS 990 filing history (12 filings), indicating good transparency.
Frequently Asked Questions about Ray Tanner Foundation
Is Ray Tanner Foundation a legitimate charity?
Ray Tanner Foundation (EIN: 203317850) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $27K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ray Tanner Foundation spend its money?
Ray Tanner Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Ray Tanner Foundation tax-deductible?
Ray Tanner Foundation is registered as a tax-exempt nonprofit (EIN: 203317850). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ray Tanner Foundation's spending goes to programs?
Ray Tanner Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ray Tanner Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ray Tanner Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ray Tanner Foundation located?
Ray Tanner Foundation is headquartered in Columbia, South Carolina and files with the IRS under EIN 203317850. It is classified under NTEE code T30.
How many years of IRS 990 filings does Ray Tanner Foundation have?
Ray Tanner Foundation has 12 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 $27K in total revenue.
Is the Ray Tanner Foundation a good charity?
The Ray Tanner Foundation demonstrates commitment to its mission through consistent operations and zero executive compensation. However, recent years show expenses exceeding revenue, which could impact long-term program delivery if not reversed. Donors should consider this trend.
Why are expenses consistently higher than revenue in recent years?
From 2021 to 2022, the foundation's expenses ($36,580 and $29,997 respectively) have exceeded its revenue ($22,662 and $11,022 respectively). This indicates the organization is spending more than it brings in, potentially drawing from its asset reserves.
What is the trend in the organization's assets?
The organization's assets have significantly decreased from a peak of $390,508 in 2013 to $127,839 currently, reflecting a substantial reduction in its financial reserves over the past decade.
How does the Ray Tanner Foundation manage its liabilities?
The Ray Tanner Foundation consistently reports $0 in liabilities across all available filing periods, indicating a strong financial position with no outstanding debt.
Filing History
IRS 990 filing history for Ray Tanner Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Ray Tanner Foundation's revenue has declined by 91.6%, moving from $131K to $11K. Total assets increased by 9.6% over the same period, from $116K to $127K. Total functional expenses fell by 71.3%, from $104K to $30K. In its most recent filing year (2022), Ray Tanner Foundation reported a deficit of $19K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $11K | $30K | $127K | $0 | — | View 990 |
| 2021 | $23K | $37K | $164K | $0 | — | View 990 |
| 2020 | $39K | $23K | $167K | $0 | — | — |
| 2019 | $77K | $37K | $147K | $0 | — | View 990 |
| 2018 | $75K | $62K | $104K | $0 | — | View 990 |
| 2017 | $94K | $65K | $91K | $0 | — | View 990 |
| 2016 | $49K | $52K | $62K | $0 | — | View 990 |
| 2015 | $120K | $419K | $65K | $0 | — | View 990 |
| 2014 | $69K | $95K | $365K | $0 | — | View 990 |
| 2013 | $200K | $106K | $391K | $0 | — | View 990 |
| 2012 | $260K | $80K | $296K | $0 | — | View 990 |
| 2011 | $131K | $104K | $116K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $11K, expenses of $30K, and assets of $127K (revenue -51.4% year-over-year).
- 2021: Revenue of $23K, expenses of $37K, and assets of $164K (revenue -41.4% year-over-year).
- 2020: Revenue of $39K, expenses of $23K, and assets of $167K (revenue -49.7% year-over-year).
- 2019: Revenue of $77K, expenses of $37K, and assets of $147K (revenue +2.2% year-over-year).
- 2018: Revenue of $75K, expenses of $62K, and assets of $104K (revenue -20.4% year-over-year).
- 2017: Revenue of $94K, expenses of $65K, and assets of $91K (revenue +94.5% year-over-year).
- 2016: Revenue of $49K, expenses of $52K, and assets of $62K (revenue -59.4% year-over-year).
- 2015: Revenue of $120K, expenses of $419K, and assets of $65K (revenue +72.1% year-over-year).
- 2014: Revenue of $69K, expenses of $95K, and assets of $365K (revenue -65.4% year-over-year).
- 2013: Revenue of $200K, expenses of $106K, and assets of $391K (revenue -23.0% year-over-year).
- 2012: Revenue of $260K, expenses of $80K, and assets of $296K (revenue +98.0% year-over-year).
- 2011: Revenue of $131K, expenses of $104K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ray Tanner Foundation:
Data Sources and Methodology
This transparency report for Ray Tanner 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.