Rbc Foundation Usa
EIN: 416030639 · Minneapolis, MN
| Metric | Value |
|---|---|
| Total Revenue | $11.5M |
| Total Expenses | $10.2M |
| Net Assets | $0 |
Is Rbc Foundation Usa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rbc Foundation Usa
Rbc Foundation Usa (EIN: 416030639) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $11.5M and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rbc Foundation Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rbc Foundation Usa is a large nonprofit that has been operating for 63 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.3M |
| Total Expenses | $10.2M |
| Surplus / Deficit | +$101K |
| Total Assets | $782K |
| Total Liabilities | $782K |
| Net Assets | $0 |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.9 months |
Financial Health Grade: B
In 2023, Rbc Foundation Usa reported a surplus of $101K with revenue exceeding expenses, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Rbc Foundation Usa's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.3% | +45.1% | +14.9% |
| 2022 | +41.2% | +56.9% | -16.4% |
| 2021 | -12.3% | -22.0% | +99.3% |
| 2020 | +5.3% | +2.9% | -29.7% |
| 2019 | +0.5% | +4.9% | -33.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rbc Foundation Usa 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 Rbc Foundation Usa 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Rbc Foundation Usa
Is Rbc Foundation Usa a legitimate charity?
Rbc Foundation Usa (EIN: 416030639) is a registered tax-exempt nonprofit based in Minnesota. It has 11 years of IRS 990 filings on record. Total revenue: $11.5M. No red flags identified. Financial health grade: B.
How does Rbc Foundation Usa spend its money?
Rbc Foundation Usa reported $11.5M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rbc Foundation Usa tax-deductible?
Rbc Foundation Usa is registered as a tax-exempt nonprofit (EIN: 416030639). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rbc Foundation Usa located?
Rbc Foundation Usa is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 416030639.
How many years of IRS 990 filings does Rbc Foundation Usa have?
Rbc Foundation Usa has 11 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 $11.5M in total revenue.
Filing History
IRS 990 filing history for Rbc Foundation Usa showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Rbc Foundation Usa's revenue has grown by 358.5%, moving from $2.2M to $10.3M. Total assets decreased by 17.9% over the same period, from $952K to $782K. Total functional expenses rose by 354.5%, from $2.2M to $10.2M. In its most recent filing year (2023), Rbc Foundation Usa reported a surplus of $101K, with revenue exceeding expenses. The organization holds $782K in liabilities against $782K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.3M | $10.2M | $782K | $782K | — | View 990 |
| 2022 | $6.9M | $7.0M | $680K | $680K | — | View 990 |
| 2021 | $4.9M | $4.5M | $814K | $814K | — | — |
| 2020 | $5.6M | $5.7M | $408K | $408K | — | — |
| 2019 | $5.3M | $5.6M | $581K | $581K | — | View 990 |
| 2018 | $5.3M | $5.3M | $876K | $876K | — | View 990 |
| 2015 | $4.7M | $4.6M | $392K | $0 | — | View 990 |
| 2014 | $3.7M | $3.7M | $270K | $0 | — | View 990 |
| 2013 | $2.1M | $2.4M | $312K | $0 | — | View 990 |
| 2012 | $1.7M | $2.2M | $623K | $0 | — | View 990 |
| 2011 | $2.2M | $2.2M | $952K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.3M, expenses of $10.2M, and assets of $782K (revenue +49.3% year-over-year).
- 2022: Revenue of $6.9M, expenses of $7.0M, and assets of $680K (revenue +41.2% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.5M, and assets of $814K (revenue -12.3% year-over-year).
- 2020: Revenue of $5.6M, expenses of $5.7M, and assets of $408K (revenue +5.3% year-over-year).
- 2019: Revenue of $5.3M, expenses of $5.6M, and assets of $581K (revenue +0.5% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.3M, and assets of $876K (revenue +11.5% year-over-year).
- 2015: Revenue of $4.7M, expenses of $4.6M, and assets of $392K (revenue +29.1% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.7M, and assets of $270K (revenue +75.0% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.4M, and assets of $312K (revenue +23.8% year-over-year).
- 2012: Revenue of $1.7M, expenses of $2.2M, and assets of $623K (revenue -24.9% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.2M, and assets of $952K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rbc Foundation Usa:
Data Sources and Methodology
This transparency report for Rbc Foundation Usa 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.