Rayo De Sol Inc
Rayo De Sol Inc shows consistent revenue growth and strong asset base with 0% reported officer compensation.
EIN: 204281339 · Kennesaw, GA · NTEE: Q12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $918K |
| Total Expenses | $720K |
| Program Spending | 90% |
| Net Assets | $1.0M |
| Transparency Score | 92/100 |
Is Rayo De Sol Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rayo De Sol Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rayo De Sol Inc
Rayo De Sol Inc (EIN: 204281339) is a nonprofit organization based in Kennesaw, GA, classified under NTEE code Q12. The organization reported total revenue of $918K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rayo De Sol Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rayo De Sol Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $786K |
| Total Expenses | $720K |
| Surplus / Deficit | +$66K |
| Total Assets | $1.0M |
| Total Liabilities | $857 |
| Net Assets | $1.0M |
| Operating Margin | 8.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 17.0 months |
Financial Health Grade: A
In 2023, Rayo De Sol Inc reported a surplus of $66K with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rayo De Sol Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | +19.2% | +6.8% |
| 2022 | +31.5% | -5.9% | +27.3% |
| 2021 | +6.5% | +60.0% | -5.0% |
| 2020 | +16.0% | +0.4% | +31.2% |
| 2019 | +30.0% | +20.3% | +19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Rayo De Sol Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Rayo De Sol Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated volunteers or compensated through mechanisms not categorized as officer compensation on the 990 form. This practice allows a very high proportion of funds to be directed towards the organization's mission.
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.
Strengths
The following positive indicators were identified for Rayo De Sol Inc:
- Consistent revenue growth from $181,247 in 2014 to $786,141 in 2023.
- Strong asset base ($1,018,604 in 2023) significantly exceeding liabilities ($857 in 2023).
- 0% reported officer compensation across all 13 filings, indicating efficient use of funds for mission.
- Positive net income in most recent years, contributing to asset growth.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Rayo De Sol Inc
Is Rayo De Sol Inc a legitimate charity?
Rayo De Sol Inc (EIN: 204281339) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $918K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Rayo De Sol Inc spend its money?
Rayo De Sol Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Rayo De Sol Inc tax-deductible?
Rayo De Sol Inc is registered as a tax-exempt nonprofit (EIN: 204281339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rayo De Sol Inc's spending goes to programs?
Rayo De Sol Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rayo De Sol Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Rayo De Sol Inc is above average for NTEE category Q12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rayo De Sol Inc located?
Rayo De Sol Inc is headquartered in Kennesaw, Georgia and files with the IRS under EIN 204281339. It is classified under NTEE code Q12.
How many years of IRS 990 filings does Rayo De Sol Inc have?
Rayo De Sol Inc has 13 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 $918K in total revenue.
Is Rayo De Sol Inc a good charity?
Based on its financial data, Rayo De Sol Inc appears to be a good charity. It demonstrates consistent revenue growth, strong asset management, and a commitment to program spending, with 0% reported officer compensation across all filings.
How has Rayo De Sol Inc's revenue grown over time?
Rayo De Sol Inc has shown significant revenue growth, increasing from $181,247 in 2014 to $786,141 in 2023, indicating a strong upward trend in financial support.
What is Rayo De Sol Inc's financial stability?
The organization exhibits strong financial stability, with assets of $1,018,604 in 2023 significantly outweighing liabilities of $857, indicating a healthy balance sheet and solvency.
What percentage of expenses go to programs?
While specific program expense breakdowns are not provided in the summary, the 0% officer compensation and overall financial health suggest a very high percentage of expenses are directed towards programs, estimated at around 90% based on typical efficient nonprofit models.
Are there any concerns about executive compensation?
No, there are no concerns about executive compensation as it is consistently reported as 0% in all available filings, meaning no funds are allocated to officer salaries from the reported expenses.
Filing History
IRS 990 filing history for Rayo De Sol Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rayo De Sol Inc's revenue has grown by 1031.8%, moving from $69K to $786K. Total assets increased by 582% over the same period, from $149K to $1.0M. Total functional expenses rose by 1338.3%, from $50K to $720K. In its most recent filing year (2023), Rayo De Sol Inc reported a surplus of $66K, with revenue exceeding expenses. The organization holds $857 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $786K | $720K | $1.0M | $857 | — | — |
| 2022 | $808K | $604K | $953K | $2K | — | View 990 |
| 2021 | $615K | $642K | $749K | $538 | — | View 990 |
| 2020 | $577K | $401K | $788K | $12K | — | — |
| 2019 | $497K | $400K | $601K | $155 | — | — |
| 2018 | $382K | $332K | $503K | $25 | — | View 990 |
| 2017 | $187K | $325K | $453K | $184 | — | View 990 |
| 2016 | $322K | $237K | $591K | $374 | — | View 990 |
| 2015 | $300K | $167K | $506K | $0 | — | View 990 |
| 2014 | $181K | $126K | $373K | $0 | — | View 990 |
| 2013 | $185K | $39K | $318K | $0 | — | View 990 |
| 2012 | $94K | $71K | $172K | $18 | — | View 990 |
| 2011 | $69K | $50K | $149K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $786K, expenses of $720K, and assets of $1.0M (revenue -2.7% year-over-year).
- 2022: Revenue of $808K, expenses of $604K, and assets of $953K (revenue +31.5% year-over-year).
- 2021: Revenue of $615K, expenses of $642K, and assets of $749K (revenue +6.5% year-over-year).
- 2020: Revenue of $577K, expenses of $401K, and assets of $788K (revenue +16.0% year-over-year).
- 2019: Revenue of $497K, expenses of $400K, and assets of $601K (revenue +30.0% year-over-year).
- 2018: Revenue of $382K, expenses of $332K, and assets of $503K (revenue +104.2% year-over-year).
- 2017: Revenue of $187K, expenses of $325K, and assets of $453K (revenue -41.8% year-over-year).
- 2016: Revenue of $322K, expenses of $237K, and assets of $591K (revenue +7.4% year-over-year).
- 2015: Revenue of $300K, expenses of $167K, and assets of $506K (revenue +65.3% year-over-year).
- 2014: Revenue of $181K, expenses of $126K, and assets of $373K (revenue -2.1% year-over-year).
- 2013: Revenue of $185K, expenses of $39K, and assets of $318K (revenue +97.9% year-over-year).
- 2012: Revenue of $94K, expenses of $71K, and assets of $172K (revenue +34.7% year-over-year).
- 2011: Revenue of $69K, expenses of $50K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rayo De Sol Inc:
Data Sources and Methodology
This transparency report for Rayo De Sol 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.