Rays Baseball Foundation Inc
Rays Baseball Foundation shows strong revenue growth and no officer compensation, with expenses generally tracking revenue.
EIN: 204103240 · St Petersburg, FL · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $3.2M |
| Program Spending | 85% |
| Net Assets | $2.6M |
| Transparency Score | 90/100 |
Is Rays Baseball Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rays Baseball Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rays Baseball Foundation Inc
Rays Baseball Foundation Inc (EIN: 204103240) is a nonprofit organization based in St Petersburg, FL, classified under NTEE code O50. The organization reported total revenue of $4.2M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rays Baseball Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rays Baseball Foundation Inc is a mid-size 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 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-15,216 |
| Total Assets | $2.8M |
| Total Liabilities | $266K |
| Net Assets | $2.6M |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 9.4% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2023, Rays Baseball Foundation Inc reported a deficit of $15K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 9.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rays Baseball Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +72.0% | +91.5% | +1.4% |
| 2022 | +38.4% | +21.2% | -5.7% |
| 2021 | +60.4% | -31.1% | +5.1% |
| 2020 | -44.2% | +31.1% | -29.5% |
| 2019 | +31.0% | +33.6% | +10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Rays Baseball Foundation Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rays Baseball Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.4%.
Executive Compensation Analysis
The Rays Baseball Foundation Inc. reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to its 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.
Red Flags
The following concerns were identified during AI analysis of Rays Baseball Foundation Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in 2023 ($3,171,537 vs $3,156,321), though this is a minor difference.
Strengths
The following positive indicators were identified for Rays Baseball Foundation Inc:
- No officer compensation reported across all filings, indicating high efficiency in executive pay.
- Significant revenue growth in recent years, from $1.3M in 2021 to $3.1M in 2023.
- Consistent multi-million dollar asset base, demonstrating financial stability (e.g., $2,837,065 in 2023).
- Expenses generally align with revenue, suggesting active program spending.
Frequently Asked Questions about Rays Baseball Foundation Inc
Is Rays Baseball Foundation Inc a legitimate charity?
Rays Baseball Foundation Inc (EIN: 204103240) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Rays Baseball Foundation Inc spend its money?
Rays Baseball Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rays Baseball Foundation Inc tax-deductible?
Rays Baseball Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204103240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rays Baseball Foundation Inc's spending goes to programs?
Rays Baseball Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rays Baseball Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Rays Baseball Foundation Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rays Baseball Foundation Inc located?
Rays Baseball Foundation Inc is headquartered in St Petersburg, Florida and files with the IRS under EIN 204103240. It is classified under NTEE code O50.
How many years of IRS 990 filings does Rays Baseball Foundation Inc have?
Rays Baseball Foundation 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 $4.2M in total revenue.
Is Rays Baseball Foundation Inc. financially stable?
Yes, the foundation appears financially stable, consistently holding assets in the multi-million dollar range (e.g., $2,837,065 in 2023) and demonstrating significant revenue growth in recent years.
How does the foundation manage executive compensation?
The foundation reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers, which is a strong positive for resource allocation.
Has the foundation's revenue been growing?
Yes, revenue has shown substantial growth, increasing from $1,326,381 in 2021 to $3,156,321 in 2023.
Are the foundation's expenses under control?
Expenses generally track revenue, with $3,171,537 in expenses against $3,156,321 in revenue in 2023, indicating active spending aligned with available funds.
Filing History
IRS 990 filing history for Rays Baseball Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rays Baseball Foundation Inc's revenue has grown by 319.7%, moving from $752K to $3.2M. Total assets increased by 11% over the same period, from $2.6M to $2.8M. Total functional expenses rose by 494.8%, from $533K to $3.2M. In its most recent filing year (2023), Rays Baseball Foundation Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $266K in liabilities against $2.8M in assets (debt-to-asset ratio: 9.4%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.2M | $2.8M | $266K | — | View 990 |
| 2022 | $1.8M | $1.7M | $2.8M | $63K | — | — |
| 2021 | $1.3M | $1.4M | $3.0M | $149K | — | View 990 |
| 2020 | $827K | $2.0M | $2.8M | $239K | — | — |
| 2019 | $1.5M | $1.5M | $4.0M | $147K | — | View 990 |
| 2018 | $1.1M | $1.1M | $3.6M | $20K | — | View 990 |
| 2017 | $1.3M | $980K | $3.7M | $65K | — | View 990 |
| 2016 | $773K | $863K | $3.4M | $145K | — | View 990 |
| 2015 | $910K | $1.1M | $3.6M | $510K | — | View 990 |
| 2014 | $1.1M | $751K | $3.8M | $583K | — | View 990 |
| 2013 | $1.2M | $691K | $3.7M | $748K | — | View 990 |
| 2012 | $1.1M | $819K | $3.2M | $768K | — | View 990 |
| 2011 | $752K | $533K | $2.6M | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.2M, and assets of $2.8M (revenue +72.0% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $2.8M (revenue +38.4% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.4M, and assets of $3.0M (revenue +60.4% year-over-year).
- 2020: Revenue of $827K, expenses of $2.0M, and assets of $2.8M (revenue -44.2% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $4.0M (revenue +31.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $3.6M (revenue -9.6% year-over-year).
- 2017: Revenue of $1.3M, expenses of $980K, and assets of $3.7M (revenue +62.0% year-over-year).
- 2016: Revenue of $773K, expenses of $863K, and assets of $3.4M (revenue -15.1% year-over-year).
- 2015: Revenue of $910K, expenses of $1.1M, and assets of $3.6M (revenue -13.9% year-over-year).
- 2014: Revenue of $1.1M, expenses of $751K, and assets of $3.8M (revenue -8.4% year-over-year).
- 2013: Revenue of $1.2M, expenses of $691K, and assets of $3.7M (revenue +6.8% year-over-year).
- 2012: Revenue of $1.1M, expenses of $819K, and assets of $3.2M (revenue +43.7% year-over-year).
- 2011: Revenue of $752K, expenses of $533K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rays Baseball Foundation Inc:
Data Sources and Methodology
This transparency report for Rays Baseball 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.