Reese Family Foundation For Christ Inc
EIN: 461055651 · Carmel, IN · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $39K |
| Net Assets | $388K |
Is Reese Family Foundation For Christ Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reese Family Foundation For Christ Inc
Reese Family Foundation For Christ Inc (EIN: 461055651) is a nonprofit organization based in Carmel, IN, classified under NTEE code T20. The organization reported total revenue of $3.0M and total assets of $967K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reese Family Foundation For Christ Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reese Family Foundation For Christ Inc is a mid-size nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $276K |
| Total Expenses | $39K |
| Surplus / Deficit | +$238K |
| Total Assets | $388K |
| Total Liabilities | $1 |
| Net Assets | $388K |
| Operating Margin | 86.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 120.2 months |
Financial Health Grade: A
In 2023, Reese Family Foundation For Christ Inc reported a surplus of $238K with revenue exceeding expenses, holds 120.2 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 (2012–2023), Reese Family Foundation For Christ Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +332.7% | +21.7% | +157.9% |
| 2022 | +185.3% | -52.7% | +27.0% |
| 2020 | -876.6% | +2.7% | -38.3% |
| 2019 | -85.2% | +94.7% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reese Family Foundation For Christ Inc 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 Reese Family Foundation For Christ Inc 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 $238K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Reese Family Foundation For Christ Inc
Is Reese Family Foundation For Christ Inc a legitimate charity?
Reese Family Foundation For Christ Inc (EIN: 461055651) is a registered tax-exempt nonprofit based in Indiana. It has 9 years of IRS 990 filings on record. Total revenue: $3.0M. No red flags identified. Financial health grade: A.
How does Reese Family Foundation For Christ Inc spend its money?
Reese Family Foundation For Christ Inc reported $3.0M 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 Reese Family Foundation For Christ Inc tax-deductible?
Reese Family Foundation For Christ Inc is registered as a tax-exempt nonprofit (EIN: 461055651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reese Family Foundation For Christ Inc located?
Reese Family Foundation For Christ Inc is headquartered in Carmel, Indiana and files with the IRS under EIN 461055651. It is classified under NTEE code T20.
How many years of IRS 990 filings does Reese Family Foundation For Christ Inc have?
Reese Family Foundation For Christ Inc 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 $3.0M in total revenue.
Filing History
IRS 990 filing history for Reese Family Foundation For Christ Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Reese Family Foundation For Christ Inc's revenue has grown by 175.6%, moving from $100K to $276K. Total assets increased by 840.8% over the same period, from $41K to $388K. Total functional expenses rose by 355.7%, from $9K to $39K. In its most recent filing year (2023), Reese Family Foundation For Christ Inc reported a surplus of $238K, with revenue exceeding expenses. The organization holds $1 in liabilities against $388K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $388K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $276K | $39K | $388K | $1 | — | View 990 |
| 2022 | $64K | $32K | $150K | $1 | — | View 990 |
| 2021 | $22K | $67K | $118K | $1 | — | — |
| 2020 | $-58,234 | $39K | $164K | $1 | — | — |
| 2019 | $7K | $38K | $266K | $1 | — | View 990 |
| 2015 | $51K | $20K | $288K | $1 | — | View 990 |
| 2014 | $92K | $12K | $257K | $1 | — | View 990 |
| 2013 | $176K | $3K | $177K | $1 | — | View 990 |
| 2012 | $100K | $9K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $276K, expenses of $39K, and assets of $388K (revenue +332.7% year-over-year).
- 2022: Revenue of $64K, expenses of $32K, and assets of $150K (revenue +185.3% year-over-year).
- 2021: Revenue of $22K, expenses of $67K, and assets of $118K.
- 2020: Revenue of $-58,234, expenses of $39K, and assets of $164K (revenue -876.6% year-over-year).
- 2019: Revenue of $7K, expenses of $38K, and assets of $266K (revenue -85.2% year-over-year).
- 2015: Revenue of $51K, expenses of $20K, and assets of $288K (revenue -44.9% year-over-year).
- 2014: Revenue of $92K, expenses of $12K, and assets of $257K (revenue -47.9% year-over-year).
- 2013: Revenue of $176K, expenses of $3K, and assets of $177K (revenue +76.0% year-over-year).
- 2012: Revenue of $100K, expenses of $9K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reese Family Foundation For Christ Inc:
Data Sources and Methodology
This transparency report for Reese Family Foundation For Christ 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.