Rayce Rudeen Foundation
EIN: 813098865 · Liberty Lake, WA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $672K |
| Total Expenses | $969K |
| Net Assets | $1.1M |
Is Rayce Rudeen Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rayce Rudeen Foundation
Rayce Rudeen Foundation (EIN: 813098865) is a nonprofit organization based in Liberty Lake, WA, classified under NTEE code P20. The organization reported total revenue of $672K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rayce Rudeen Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rayce Rudeen Foundation is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2020–2024). Revenue has grown at a compound annual rate of 23.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $410K |
| Total Expenses | $969K |
| Surplus / Deficit | $-559,021 |
| Total Assets | $1.1M |
| Total Liabilities | $2K |
| Net Assets | $1.1M |
| Operating Margin | -136.4% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 13.5 months |
Financial Health Grade: B
In 2024, Rayce Rudeen Foundation reported a deficit of $559K with expenses exceeding revenue, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 5 years of filings (2020–2024), Rayce Rudeen Foundation's revenue has grown at a compound annual growth rate (CAGR) of 23.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -54.0% | +20.8% | -33.9% |
| 2023 | +20.1% | +185.6% | +5.8% |
| 2022 | +48.9% | +98.5% | +42.1% |
| 2021 | +180.3% | -19.0% | +43.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rayce Rudeen Foundation 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 Rayce Rudeen Foundation 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 deficit of $559K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Rayce Rudeen Foundation
Is Rayce Rudeen Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rayce Rudeen Foundation (EIN: 813098865) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rayce Rudeen Foundation spend its money?
Detailed spending breakdown data is not yet available for Rayce Rudeen Foundation. Check back for updated IRS 990 analysis.
Are donations to Rayce Rudeen Foundation tax-deductible?
Rayce Rudeen Foundation is registered as a tax-exempt nonprofit (EIN: 813098865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rayce Rudeen Foundation located?
Rayce Rudeen Foundation is headquartered in Liberty Lake, Washington and files with the IRS under EIN 813098865. It is classified under NTEE code P20.
How many years of IRS 990 filings does Rayce Rudeen Foundation have?
Rayce Rudeen Foundation has 5 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 $672K in total revenue.
Filing History
IRS 990 filing history for Rayce Rudeen Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2020–2024), Rayce Rudeen Foundation's revenue has grown by 130.5%, moving from $178K to $410K. Total assets increased by 42.9% over the same period, from $765K to $1.1M. Total functional expenses rose by 454.6%, from $175K to $969K. In its most recent filing year (2024), Rayce Rudeen Foundation reported a deficit of $559K, with expenses exceeding revenue. The organization holds $2K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $410K | $969K | $1.1M | $2K | — | — |
| 2023 | $892K | $802K | $1.7M | $2K | — | View 990 |
| 2022 | $742K | $281K | $1.6M | $915 | — | View 990 |
| 2021 | $499K | $142K | $1.1M | $1 | — | View 990 |
| 2020 | $178K | $175K | $765K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $410K, expenses of $969K, and assets of $1.1M (revenue -54.0% year-over-year).
- 2023: Revenue of $892K, expenses of $802K, and assets of $1.7M (revenue +20.1% year-over-year).
- 2022: Revenue of $742K, expenses of $281K, and assets of $1.6M (revenue +48.9% year-over-year).
- 2021: Revenue of $499K, expenses of $142K, and assets of $1.1M (revenue +180.3% year-over-year).
- 2020: Revenue of $178K, expenses of $175K, and assets of $765K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rayce Rudeen Foundation:
Data Sources and Methodology
This transparency report for Rayce Rudeen 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.