Redwall Foundation Inc
Redwall Foundation maintains stable assets despite highly volatile revenue and zero reported officer compensation.
EIN: 161712932 · Cambridge, MA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $9K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.7M |
| Transparency Score | 75/100 |
Is Redwall Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Redwall Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Redwall Foundation Inc
Redwall Foundation Inc (EIN: 161712932) is a nonprofit organization based in Cambridge, MA, classified under NTEE code T22. The organization reported total revenue of $1.3M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Redwall Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Redwall Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -27.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $9K |
| Surplus / Deficit | +$60K |
| Total Assets | $5.7M |
| Total Liabilities | $1 |
| Net Assets | $5.7M |
| Operating Margin | 87.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 7973.2 months |
Financial Health Grade: A
In 2023, Redwall Foundation Inc reported a surplus of $60K with revenue exceeding expenses, holds 7973.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Redwall Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -27.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -111.4% | -22.9% | -5.5% |
| 2021 | +531.0% | -60.2% | +3.9% |
| 2020 | -89.3% | +152.7% | -12.1% |
| 2019 | +693.3% | +36.2% | +53.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Redwall Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Redwall Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $60K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with assets over $5 million.
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 Redwall Foundation Inc's IRS 990 filings:
- Highly volatile revenue streams, with negative revenue reported in 2022.
- Lack of detailed expense breakdown in provided data makes program efficiency difficult to fully assess.
- Significant fluctuations in expenses, such as $869,554 in 2020 compared to $8,625 in 2023, without clear explanation.
Strengths
The following positive indicators were identified for Redwall Foundation Inc:
- Strong financial solvency with stable assets ($5,726,509) and minimal liabilities ($1).
- Consistent reporting of 0% officer compensation, indicating low administrative overhead in this area.
- Long filing history (10 filings) demonstrates consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Redwall Foundation Inc
Is Redwall Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Redwall Foundation Inc (EIN: 161712932) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Redwall Foundation Inc spend its money?
Redwall Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Redwall Foundation Inc tax-deductible?
Redwall Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161712932). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Redwall Foundation Inc CEO make?
Redwall Foundation Inc's highest-compensated officer earns $5 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Redwall Foundation Inc's spending goes to programs?
Redwall Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Redwall Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Redwall Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Redwall Foundation Inc located?
Redwall Foundation Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 161712932. It is classified under NTEE code T22.
How many years of IRS 990 filings does Redwall Foundation Inc have?
Redwall Foundation Inc has 10 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 $1.3M in total revenue.
How does Redwall Foundation Inc. manage its significant revenue volatility?
The organization appears to manage revenue volatility by maintaining a substantial asset base, which has remained relatively stable despite large swings in annual income and expenses. For example, in 2022, despite negative revenue of $-65,350 and expenses of $266,991, assets only slightly decreased from $6,003,288 to $5,671,538.
What are the specific program activities funded by Redwall Foundation Inc.?
Based on the provided IRS 990 data, specific program activities are not detailed. The NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests it is a grantmaking or supporting organization, but without further information, the exact nature of its programs remains unclear.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key personnel is categorized differently and not reported as 'officer compensation' on the 990 form. This is a significant factor in its operational cost structure.
Filing History
IRS 990 filing history for Redwall Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Redwall Foundation Inc's revenue has declined by 97.7%, moving from $3.0M to $69K. Total assets increased by 20% over the same period, from $4.8M to $5.7M. Total functional expenses fell by 97.3%, from $319K to $9K. In its most recent filing year (2023), Redwall Foundation Inc reported a surplus of $60K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $9K | $5.7M | $1 | — | — |
| 2022 | $-65,350 | $267K | $5.7M | $1 | — | View 990 |
| 2021 | $571K | $346K | $6.0M | $1 | — | View 990 |
| 2020 | $91K | $870K | $5.8M | $1 | — | — |
| 2019 | $850K | $344K | $6.6M | $1 | — | View 990 |
| 2015 | $107K | $253K | $4.3M | $1 | — | View 990 |
| 2014 | $402K | $266K | $4.7M | $1 | — | View 990 |
| 2013 | $135K | $212K | $4.6M | $1 | — | View 990 |
| 2012 | $146K | $262K | $4.7M | $1 | — | View 990 |
| 2011 | $3.0M | $319K | $4.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $9K, and assets of $5.7M.
- 2022: Revenue of $-65,350, expenses of $267K, and assets of $5.7M (revenue -111.4% year-over-year).
- 2021: Revenue of $571K, expenses of $346K, and assets of $6.0M (revenue +531.0% year-over-year).
- 2020: Revenue of $91K, expenses of $870K, and assets of $5.8M (revenue -89.3% year-over-year).
- 2019: Revenue of $850K, expenses of $344K, and assets of $6.6M (revenue +693.3% year-over-year).
- 2015: Revenue of $107K, expenses of $253K, and assets of $4.3M (revenue -73.4% year-over-year).
- 2014: Revenue of $402K, expenses of $266K, and assets of $4.7M (revenue +197.2% year-over-year).
- 2013: Revenue of $135K, expenses of $212K, and assets of $4.6M (revenue -7.0% year-over-year).
- 2012: Revenue of $146K, expenses of $262K, and assets of $4.7M (revenue -95.1% year-over-year).
- 2011: Revenue of $3.0M, expenses of $319K, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Redwall Foundation Inc:
Data Sources and Methodology
This transparency report for Redwall 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.