Recipe For Success Foundation
Recipe For Success Foundation reports a $348,634 deficit in its latest fiscal period despite consistent asset growth.
EIN: 203377041 · Houston, TX · NTEE: K40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $1.4M |
| Transparency Score | 88/100 |
Is Recipe For Success Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Recipe For Success Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Recipe For Success Foundation
Recipe For Success Foundation (EIN: 203377041) is a nonprofit organization based in Houston, TX, classified under NTEE code K40. The organization reported total revenue of $1.1M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Recipe For Success Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Recipe For Success Foundation 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 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $732K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-348,634 |
| Total Assets | $1.6M |
| Total Liabilities | $180K |
| Net Assets | $1.4M |
| Operating Margin | -47.6% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 17.7 months |
Financial Health Grade: B
In 2023, Recipe For Success Foundation reported a deficit of $349K with expenses exceeding revenue, holds 17.7 months of operating reserves (strong position), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Recipe For Success Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.8% | +20.1% | -18.0% |
| 2022 | +19.1% | +30.6% | +24.2% |
| 2021 | +34.7% | -29.1% | +37.6% |
| 2020 | -21.2% | +4.1% | +6.1% |
| 2019 | -5.8% | +16.8% | +11.8% |
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 Recipe For Success Foundation with a Mission Score of 88 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, Recipe For Success Foundation 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 $349K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is a highly positive sign for a nonprofit of its size, suggesting resources are fully directed to programmatic activities.
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 Recipe For Success Foundation's IRS 990 filings:
- Significant deficit in the latest fiscal period (202306) where expenses exceeded revenue by $348,634.
Strengths
The following positive indicators were identified for Recipe For Success Foundation:
- Consistent asset growth over the past decade, from $392,531 in 201406 to $1,595,644 in 202306.
- Exceptional transparency with 0% officer compensation reported across all available filings.
- Strong program focus, indicated by the absence of executive compensation and implied high program spending.
- History of over a decade of IRS 990 filings, demonstrating long-term operational stability.
Frequently Asked Questions about Recipe For Success Foundation
Is Recipe For Success Foundation a legitimate charity?
Recipe For Success Foundation (EIN: 203377041) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Recipe For Success Foundation spend its money?
Recipe For Success Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Recipe For Success Foundation tax-deductible?
Recipe For Success Foundation is registered as a tax-exempt nonprofit (EIN: 203377041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Recipe For Success Foundation's spending goes to programs?
Recipe For Success Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Recipe For Success Foundation compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Recipe For Success Foundation is above average for NTEE category K40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Recipe For Success Foundation located?
Recipe For Success Foundation is headquartered in Houston, Texas and files with the IRS under EIN 203377041. It is classified under NTEE code K40.
How many years of IRS 990 filings does Recipe For Success Foundation have?
Recipe For Success Foundation 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 $1.1M in total revenue.
Is Recipe For Success Foundation a good charity?
Based on the available data, Recipe For Success Foundation appears to be a good charity. It demonstrates strong program spending, consistent asset growth over the long term, and exceptional transparency regarding executive compensation (reporting 0%). While the latest fiscal year showed a deficit, the overall financial trajectory and commitment to its mission are positive.
Why did Recipe For Success Foundation have a deficit in 2023?
In the 202306 period, Recipe For Success Foundation reported expenses of $1,080,668 against revenue of $732,034, resulting in a deficit of $348,634. The specific reasons for this deficit are not detailed in the provided summary but could be due to increased program costs, a temporary dip in fundraising, or strategic investments.
How has Recipe For Success Foundation's financial health changed over time?
Recipe For Success Foundation has shown significant growth in assets, from $392,531 in 201406 to $1,595,644 in 202306. Revenue and expenses have fluctuated year-to-year, with periods of surplus and deficit, but the overall trend indicates a growing and stable organization in terms of asset accumulation.
Filing History
IRS 990 filing history for Recipe For Success Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Recipe For Success Foundation's revenue has grown by 5.3%, moving from $695K to $732K. Total assets increased by 393.2% over the same period, from $324K to $1.6M. Total functional expenses rose by 83.7%, from $588K to $1.1M. In its most recent filing year (2023), Recipe For Success Foundation reported a deficit of $349K, with expenses exceeding revenue. The organization holds $180K in liabilities against $1.6M in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $732K | $1.1M | $1.6M | $180K | — | View 990 |
| 2022 | $1.3M | $900K | $1.9M | $181K | — | View 990 |
| 2021 | $1.1M | $689K | $1.6M | $228K | — | — |
| 2020 | $827K | $971K | $1.1M | $230K | — | View 990 |
| 2019 | $1.0M | $933K | $1.1M | $24K | — | View 990 |
| 2018 | $1.1M | $799K | $959K | $27K | — | View 990 |
| 2017 | $1000K | $854K | $645K | $28K | — | View 990 |
| 2016 | $1.2M | $1.1M | $560K | $88K | — | View 990 |
| 2015 | $988K | $982K | $397K | $17K | — | View 990 |
| 2014 | $743K | $878K | $393K | $19K | — | View 990 |
| 2013 | $917K | $804K | $465K | $1K | — | View 990 |
| 2012 | $704K | $677K | $351K | $348 | — | View 990 |
| 2011 | $695K | $588K | $324K | $-962 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $732K, expenses of $1.1M, and assets of $1.6M (revenue -44.8% year-over-year).
- 2022: Revenue of $1.3M, expenses of $900K, and assets of $1.9M (revenue +19.1% year-over-year).
- 2021: Revenue of $1.1M, expenses of $689K, and assets of $1.6M (revenue +34.7% year-over-year).
- 2020: Revenue of $827K, expenses of $971K, and assets of $1.1M (revenue -21.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $933K, and assets of $1.1M (revenue -5.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $799K, and assets of $959K (revenue +11.4% year-over-year).
- 2017: Revenue of $1000K, expenses of $854K, and assets of $645K (revenue -16.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $560K (revenue +20.6% year-over-year).
- 2015: Revenue of $988K, expenses of $982K, and assets of $397K (revenue +33.0% year-over-year).
- 2014: Revenue of $743K, expenses of $878K, and assets of $393K (revenue -19.0% year-over-year).
- 2013: Revenue of $917K, expenses of $804K, and assets of $465K (revenue +30.4% year-over-year).
- 2012: Revenue of $704K, expenses of $677K, and assets of $351K (revenue +1.2% year-over-year).
- 2011: Revenue of $695K, expenses of $588K, and assets of $324K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Recipe For Success Foundation:
Data Sources and Methodology
This transparency report for Recipe For Success 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.