Refugee & Immigrant Self Empowerment Inc
Refugee & Immigrant Self Empowerment Inc shows strong financial growth and efficient program spending with no reported officer compensation.
EIN: 202873332 · Syracuse, NY · NTEE: Q71 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $3.6M |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 95/100 |
Is Refugee & Immigrant Self Empowerment Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Refugee & Immigrant Self Empowerment Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Refugee & Immigrant Self Empowerment Inc
Refugee & Immigrant Self Empowerment Inc (EIN: 202873332) is a nonprofit organization based in Syracuse, NY, classified under NTEE code Q71. The organization reported total revenue of $4.4M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Refugee & Immigrant Self Empowerment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Refugee & Immigrant Self Empowerment Inc is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 62.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$704K |
| Total Assets | $2.2M |
| Total Liabilities | $188K |
| Net Assets | $2.0M |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 8.6% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, Refugee & Immigrant Self Empowerment Inc reported a surplus of $704K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.6% (very low leverage).
Financial Trends
Over 10 years of filings (2013–2023), Refugee & Immigrant Self Empowerment Inc's revenue has grown at a compound annual growth rate (CAGR) of 62.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.7% | +45.6% | +36.7% |
| 2022 | +57.2% | +36.2% | -32.1% |
| 2021 | +6.4% | +28.0% | +107.1% |
| 2020 | +98.7% | +68.0% | +48.7% |
| 2019 | +27.5% | +22.5% | +233.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Refugee & Immigrant Self Empowerment 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Refugee & Immigrant Self Empowerment Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $704K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size and revenue, suggesting a volunteer-led executive team or that compensation is covered by other means not reported as officer compensation.
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 Refugee & Immigrant Self Empowerment Inc's IRS 990 filings:
- Unusually low liabilities relative to assets in some periods (e.g., 202309: Liabilities $187,508 vs Assets $2,189,172) could indicate significant unrestricted funds or strong cash management, but warrants further review of balance sheet composition.
- Zero reported officer compensation across all filings for an organization with over $4 million in revenue is highly unusual and might suggest compensation is reported under other expense categories or that leadership is entirely volunteer-based, which could pose sustainability questions for long-term growth.
Strengths
The following positive indicators were identified for Refugee & Immigrant Self Empowerment Inc:
- Exceptional revenue growth, demonstrating increasing impact and support.
- Consistent financial surpluses, indicating strong fiscal management and sustainability.
- Zero reported officer compensation, suggesting a highly mission-driven and lean leadership structure.
- Significant growth in assets, providing a robust financial foundation.
- High program spending efficiency, with the vast majority of funds directed towards their mission.
Frequently Asked Questions about Refugee & Immigrant Self Empowerment Inc
Is Refugee & Immigrant Self Empowerment Inc a legitimate charity?
Refugee & Immigrant Self Empowerment Inc (EIN: 202873332) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.4M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Refugee & Immigrant Self Empowerment Inc spend its money?
Refugee & Immigrant Self Empowerment Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Refugee & Immigrant Self Empowerment Inc tax-deductible?
Refugee & Immigrant Self Empowerment Inc is registered as a tax-exempt nonprofit (EIN: 202873332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Refugee & Immigrant Self Empowerment Inc's spending goes to programs?
Refugee & Immigrant Self Empowerment Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Refugee & Immigrant Self Empowerment Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Refugee & Immigrant Self Empowerment Inc is above average for NTEE category Q71 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Refugee & Immigrant Self Empowerment Inc located?
Refugee & Immigrant Self Empowerment Inc is headquartered in Syracuse, New York and files with the IRS under EIN 202873332. It is classified under NTEE code Q71.
How many years of IRS 990 filings does Refugee & Immigrant Self Empowerment Inc have?
Refugee & Immigrant Self Empowerment 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 $4.4M in total revenue.
Is Refugee & Immigrant Self Empowerment Inc a good charity?
Based on the available IRS 990 data, RISE appears to be a very good charity. They demonstrate strong financial health, significant growth, efficient spending with a high percentage of funds going to programs, and excellent transparency with no reported officer compensation.
How has RISE's revenue grown over time?
RISE has experienced remarkable revenue growth, increasing from $33,272 in 2013 to $4,353,068 in the latest reported period, indicating a substantial expansion of their operations and funding.
What is the organization's financial stability?
The organization shows strong financial stability, consistently operating with a surplus (e.g., $704,340 in 202309) and growing its assets to over $2.2 million, while maintaining manageable liabilities.
Does RISE spend efficiently on its programs?
Yes, RISE appears to spend very efficiently on its programs. The consistent surpluses and the absence of officer compensation suggest a high proportion of expenses are directed towards their mission, estimated at 90% for programs.
Filing History
IRS 990 filing history for Refugee & Immigrant Self Empowerment Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Refugee & Immigrant Self Empowerment Inc's revenue has grown by 12791.7%, moving from $33K to $4.3M. Total assets increased by 16061% over the same period, from $14K to $2.2M. Total functional expenses rose by 14451.9%, from $25K to $3.6M. In its most recent filing year (2023), Refugee & Immigrant Self Empowerment Inc reported a surplus of $704K, with revenue exceeding expenses. The organization holds $188K in liabilities against $2.2M in assets (debt-to-asset ratio: 8.6%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $3.6M | $2.2M | $188K | — | — |
| 2022 | $3.0M | $2.5M | $1.6M | $305K | — | View 990 |
| 2021 | $1.9M | $1.8M | $2.4M | $1.6M | — | View 990 |
| 2020 | $1.8M | $1.4M | $1.1M | $599K | — | — |
| 2019 | $898K | $841K | $766K | $642K | — | View 990 |
| 2018 | $704K | $687K | $230K | $162K | — | View 990 |
| 2016 | $213K | $178K | $507K | $467K | — | View 990 |
| 2015 | $130K | $134K | $166K | $162K | — | View 990 |
| 2014 | $28K | $33K | $146K | $138K | — | View 990 |
| 2013 | $33K | $25K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $3.6M, and assets of $2.2M (revenue +43.7% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.5M, and assets of $1.6M (revenue +57.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.8M, and assets of $2.4M (revenue +6.4% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.4M, and assets of $1.1M (revenue +98.7% year-over-year).
- 2019: Revenue of $898K, expenses of $841K, and assets of $766K (revenue +27.5% year-over-year).
- 2018: Revenue of $704K, expenses of $687K, and assets of $230K (revenue +230.3% year-over-year).
- 2016: Revenue of $213K, expenses of $178K, and assets of $507K (revenue +64.6% year-over-year).
- 2015: Revenue of $130K, expenses of $134K, and assets of $166K (revenue +360.5% year-over-year).
- 2014: Revenue of $28K, expenses of $33K, and assets of $146K (revenue -15.4% year-over-year).
- 2013: Revenue of $33K, expenses of $25K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Refugee & Immigrant Self Empowerment Inc:
Data Sources and Methodology
This transparency report for Refugee & Immigrant Self Empowerment 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.