Redwood Foundation
EIN: 237009841 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $16K |
| Total Expenses | $21K |
| Net Assets | $322K |
Is Redwood Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Redwood Foundation
Redwood Foundation (EIN: 237009841) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $16K and total assets of $321K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Redwood Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Redwood Foundation is a micro nonprofit that has been operating for 57 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $21K |
| Surplus / Deficit | +$1K |
| Total Assets | $322K |
| Total Liabilities | $1 |
| Net Assets | $322K |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 185.7 months |
Financial Health Grade: A
In 2023, Redwood Foundation reported a surplus of $1K with revenue exceeding expenses, holds 185.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Redwood Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.2% | +22.2% | -13.7% |
| 2022 | +1.7% | -11.9% | +23.2% |
| 2021 | +689.8% | +41.1% | +17.4% |
| 2015 | -224.0% | -15.2% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Redwood Foundation 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 Redwood Foundation 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 $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Redwood Foundation
Is Redwood Foundation a legitimate charity?
Redwood Foundation (EIN: 237009841) is a registered tax-exempt nonprofit based in Washington DC. It has 9 years of IRS 990 filings on record. Total revenue: $16K. No red flags identified. Financial health grade: A.
How does Redwood Foundation spend its money?
Redwood Foundation reported $16K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Redwood Foundation tax-deductible?
Redwood Foundation is registered as a tax-exempt nonprofit (EIN: 237009841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Redwood Foundation located?
Redwood Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 237009841.
How many years of IRS 990 filings does Redwood Foundation have?
Redwood Foundation has 9 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 $16K in total revenue.
Filing History
IRS 990 filing history for Redwood Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Redwood Foundation's revenue has grown by 867.7%, moving from $2K to $22K. Total assets increased by 206.6% over the same period, from $105K to $322K. Total functional expenses rose by 221.8%, from $6K to $21K. In its most recent filing year (2023), Redwood Foundation reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $322K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $322K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $21K | $322K | $1 | — | — |
| 2022 | $16K | $17K | $373K | $1 | — | View 990 |
| 2021 | $16K | $19K | $302K | $1 | — | — |
| 2019 | $2K | $14K | $258K | $1 | — | View 990 |
| 2015 | $-2,133 | $7K | $159K | $1 | — | View 990 |
| 2014 | $2K | $8K | $173K | $1 | — | View 990 |
| 2013 | $1K | $9K | $156K | $0 | — | View 990 |
| 2012 | $2K | $6K | $131K | $1 | — | View 990 |
| 2011 | $2K | $6K | $105K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $21K, and assets of $322K (revenue +34.2% year-over-year).
- 2022: Revenue of $16K, expenses of $17K, and assets of $373K (revenue +1.7% year-over-year).
- 2021: Revenue of $16K, expenses of $19K, and assets of $302K (revenue +689.8% year-over-year).
- 2019: Revenue of $2K, expenses of $14K, and assets of $258K.
- 2015: Revenue of $-2,133, expenses of $7K, and assets of $159K (revenue -224.0% year-over-year).
- 2014: Revenue of $2K, expenses of $8K, and assets of $173K (revenue +33.7% year-over-year).
- 2013: Revenue of $1K, expenses of $9K, and assets of $156K (revenue -17.1% year-over-year).
- 2012: Revenue of $2K, expenses of $6K, and assets of $131K (revenue -31.9% year-over-year).
- 2011: Revenue of $2K, expenses of $6K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Redwood Foundation:
Data Sources and Methodology
This transparency report for Redwood 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.