Raylign Well Being Foundation
Raylign Well Being Foundation shows inconsistent revenue and expenses, maintaining stable assets with no officer compensation.
EIN: 202029754 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $21K |
| Program Spending | 70% |
| Net Assets | $114K |
| Transparency Score | 65/100 |
Is Raylign Well Being Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Raylign Well Being Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Raylign Well Being Foundation
Raylign Well Being Foundation (EIN: 202029754) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $4K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raylign Well Being Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raylign Well Being Foundation is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $21K |
| Surplus / Deficit | $-15,543 |
| Total Assets | $114K |
| Total Liabilities | $1 |
| Net Assets | $114K |
| Operating Margin | -280.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 64.8 months |
Financial Health Grade: B
In 2023, Raylign Well Being Foundation reported a deficit of $16K with expenses exceeding revenue, holds 64.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.3% | +134.0% | -12.0% |
| 2022 | -52.6% | +78.3% | +13.5% |
| 2021 | +3302.0% | -17.3% | +69.0% |
| 2020 | -16.0% | +6.7% | -6.4% |
| 2019 | +30.2% | -6.1% | -20.1% |
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 Raylign Well Being 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Raylign Well Being Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is a strong positive for resource allocation.
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 Raylign Well Being Foundation's IRS 990 filings:
- Highly inconsistent revenue and expense figures year-over-year, making financial planning and sustainability difficult to assess (e.g., 2023 expenses $21,087 vs. revenue $5,544).
- Lack of detailed functional expense breakdown in the provided data, preventing a clear understanding of program efficiency.
Strengths
The following positive indicators were identified for Raylign Well Being Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
- Maintains minimal liabilities ($1 across all filings), demonstrating strong financial management regarding debt.
- Consistent filing of IRS Form 990s, indicating a commitment to transparency.
- Stable asset base over time, suggesting a degree of financial resilience despite revenue fluctuations (e.g., assets $113,850 in 2023).
Frequently Asked Questions about Raylign Well Being Foundation
Is Raylign Well Being Foundation a legitimate charity?
Raylign Well Being Foundation (EIN: 202029754) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $4K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Raylign Well Being Foundation spend its money?
Raylign Well Being Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Raylign Well Being Foundation tax-deductible?
Raylign Well Being Foundation is registered as a tax-exempt nonprofit (EIN: 202029754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Raylign Well Being Foundation's spending goes to programs?
Raylign Well Being Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Raylign Well Being Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Raylign Well Being Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Raylign Well Being Foundation located?
Raylign Well Being Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 202029754. It is classified under NTEE code T20.
How many years of IRS 990 filings does Raylign Well Being Foundation have?
Raylign Well Being Foundation 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 $4K in total revenue.
Is Raylign Well Being Foundation financially stable?
The foundation's financial stability is moderate. While it has maintained a stable asset base (e.g., $113,850 in 2023) and minimal liabilities ($1), its revenue and expenses fluctuate significantly, sometimes with expenses exceeding revenue (e.g., 2023 expenses of $21,087 against revenue of $5,544). This suggests reliance on accumulated assets in some years.
How does Raylign Well Being Foundation spend its money?
Based on the available summary data, a precise breakdown is not possible. However, given the NTEE code T20 (Grantmaking Foundations) and the absence of officer compensation, it's reasonable to infer that a significant portion of expenses would be directed towards grants or program-related activities. Without a functional expense statement, the exact percentages for programs, administration, and fundraising cannot be determined from the provided data.
Does Raylign Well Being Foundation pay its executives?
No, the Raylign Well Being Foundation consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its executives.
Filing History
IRS 990 filing history for Raylign Well Being Foundation showing financial trends over 10 years of public records:
Total assets increased by 22.9% over the same period, from $93K to $114K. Total functional expenses rose by 29.7%, from $16K to $21K. In its most recent filing year (2023), Raylign Well Being Foundation reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1 in liabilities against $114K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $114K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $21K | $114K | $1 | — | — |
| 2022 | $24K | $9K | $129K | $1 | — | — |
| 2021 | $52K | $5K | $114K | $1 | — | — |
| 2020 | $2K | $6K | $67K | $1 | — | View 990 |
| 2019 | $2K | $6K | $72K | $1 | — | View 990 |
| 2015 | $1K | $6K | $90K | $1 | — | View 990 |
| 2014 | $5K | $11K | $95K | $1 | — | View 990 |
| 2013 | $3K | $4K | $100K | $1 | — | View 990 |
| 2012 | $58K | $49K | $102K | $1 | — | View 990 |
| 2011 | $-2,053 | $16K | $93K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $21K, and assets of $114K (revenue -77.3% year-over-year).
- 2022: Revenue of $24K, expenses of $9K, and assets of $129K (revenue -52.6% year-over-year).
- 2021: Revenue of $52K, expenses of $5K, and assets of $114K (revenue +3302.0% year-over-year).
- 2020: Revenue of $2K, expenses of $6K, and assets of $67K (revenue -16.0% year-over-year).
- 2019: Revenue of $2K, expenses of $6K, and assets of $72K (revenue +30.2% year-over-year).
- 2015: Revenue of $1K, expenses of $6K, and assets of $90K (revenue -73.1% year-over-year).
- 2014: Revenue of $5K, expenses of $11K, and assets of $95K (revenue +98.0% year-over-year).
- 2013: Revenue of $3K, expenses of $4K, and assets of $100K (revenue -95.5% year-over-year).
- 2012: Revenue of $58K, expenses of $49K, and assets of $102K.
- 2011: Revenue of $-2,053, expenses of $16K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raylign Well Being Foundation:
Data Sources and Methodology
This transparency report for Raylign Well Being 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.