Reality Check Inc
Reality Check Inc. consistently operates with no reported officer compensation, maintaining stable finances and growing assets.
EIN: 202470779 · Rogers, AR · NTEE: O50 · Updated: 2026-03-28
Is Reality Check Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reality Check Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reality Check Inc
Reality Check Inc (EIN: 202470779) is a nonprofit organization based in Rogers, AR, classified under NTEE code O50. The organization reported total revenue of $250K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reality Check Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reality Check Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $336K |
| Total Expenses | $283K |
| Surplus / Deficit | +$53K |
| Total Assets | $132K |
| Total Liabilities | $913 |
| Net Assets | $131K |
| Operating Margin | 15.7% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2023, Reality Check Inc reported a surplus of $53K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Reality Check Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | -3.6% | +65.0% |
| 2022 | +17.1% | +4.8% | +87.7% |
| 2021 | +8.8% | +4.1% | -0.9% |
| 2020 | -15.1% | -13.1% | -23.0% |
| 2019 | -11.0% | -8.6% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Reality Check Inc with a Mission Score of 95 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, Reality Check 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 $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Reality Check Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers or that leadership is entirely volunteer-based, which is highly unusual for an organization with over $300,000 in annual revenue.
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 Reality Check Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might obscure how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Reality Check Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to mission.
- Positive net income in recent years, such as the $52,743 surplus in 2023, contributing to financial stability.
- Steady growth in assets from $35,310 in 2014 to $131,517 in 2023, demonstrating prudent financial management.
- Low liabilities across all periods, minimizing financial risk.
- Consistent filing of IRS Form 990s, indicating good transparency.
Frequently Asked Questions about Reality Check Inc
Is Reality Check Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reality Check Inc (EIN: 202470779) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Reality Check Inc spend its money?
Reality Check Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Reality Check Inc tax-deductible?
Reality Check Inc is registered as a tax-exempt nonprofit (EIN: 202470779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Reality Check Inc. manage to operate with 0% officer compensation?
The filings consistently show no officer compensation, which suggests either a fully volunteer-led executive team or that compensation is structured in a way not reported under 'officer compensation' on the 990. Further investigation into their operational model would be beneficial.
What are the specific program activities funded by Reality Check Inc.?
While the NTEE code O50 indicates 'Youth Development, Shelter, and Crisis Services', the provided financial data does not detail specific program activities. Reviewing their full 990 forms would provide this information.
Is the organization's asset growth sustainable?
Reality Check Inc. has shown consistent asset growth from $35,310 in 2014 to $131,517 in 2023. This growth, coupled with generally positive net income in recent years (e.g., $52,743 surplus in 2023), suggests sustainable financial management.
Filing History
IRS 990 filing history for Reality Check Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Reality Check Inc's revenue has grown by 130.6%, moving from $146K to $336K. Total assets increased by 412.6% over the same period, from $26K to $132K. Total functional expenses rose by 21%, from $234K to $283K. In its most recent filing year (2023), Reality Check Inc reported a surplus of $53K, with revenue exceeding expenses. The organization holds $913 in liabilities against $132K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $131K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $336K | $283K | $132K | $913 | — | — |
| 2022 | $329K | $293K | $80K | $2K | — | View 990 |
| 2021 | $281K | $280K | $42K | $448 | — | View 990 |
| 2020 | $258K | $269K | $43K | $2K | — | View 990 |
| 2019 | $304K | $310K | $56K | $4K | — | View 990 |
| 2018 | $342K | $339K | $59K | $2K | — | View 990 |
| 2017 | $330K | $320K | $62K | $8K | — | View 990 |
| 2016 | $269K | $268K | $50K | $6K | — | View 990 |
| 2015 | $218K | $205K | $49K | $5K | — | View 990 |
| 2014 | $238K | $214K | $35K | $4K | — | View 990 |
| 2013 | $135K | $149K | $21K | $14K | — | View 990 |
| 2012 | $130K | $133K | $23K | $2K | — | View 990 |
| 2011 | $146K | $234K | $26K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $336K, expenses of $283K, and assets of $132K (revenue +2.0% year-over-year).
- 2022: Revenue of $329K, expenses of $293K, and assets of $80K (revenue +17.1% year-over-year).
- 2021: Revenue of $281K, expenses of $280K, and assets of $42K (revenue +8.8% year-over-year).
- 2020: Revenue of $258K, expenses of $269K, and assets of $43K (revenue -15.1% year-over-year).
- 2019: Revenue of $304K, expenses of $310K, and assets of $56K (revenue -11.0% year-over-year).
- 2018: Revenue of $342K, expenses of $339K, and assets of $59K (revenue +3.7% year-over-year).
- 2017: Revenue of $330K, expenses of $320K, and assets of $62K (revenue +22.7% year-over-year).
- 2016: Revenue of $269K, expenses of $268K, and assets of $50K (revenue +23.0% year-over-year).
- 2015: Revenue of $218K, expenses of $205K, and assets of $49K (revenue -8.2% year-over-year).
- 2014: Revenue of $238K, expenses of $214K, and assets of $35K (revenue +76.6% year-over-year).
- 2013: Revenue of $135K, expenses of $149K, and assets of $21K (revenue +3.7% year-over-year).
- 2012: Revenue of $130K, expenses of $133K, and assets of $23K (revenue -10.8% year-over-year).
- 2011: Revenue of $146K, expenses of $234K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reality Check Inc:
Data Sources and Methodology
This transparency report for Reality Check 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.