Reins Of Change Foundation
Reins Of Change Foundation shows stable operations with no executive compensation, but recent revenue has declined.
EIN: 204039314 · Draper, UT · NTEE: F113 · Updated: 2026-03-28
Is Reins Of Change Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reins Of Change Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reins Of Change Foundation
Reins Of Change Foundation (EIN: 204039314) is a nonprofit organization based in Draper, UT, classified under NTEE code F113. The organization reported total revenue of $29K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reins Of Change Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reins Of Change Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $57K |
| Surplus / Deficit | +$9K |
| Total Assets | $34K |
| Total Liabilities | $1 |
| Net Assets | $34K |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2023, Reins Of Change Foundation reported a surplus of $9K with revenue exceeding expenses, holds 7.0 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), Reins Of Change Foundation's revenue has grown at a compound annual growth rate (CAGR) of 22.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | -32.5% | +38.7% |
| 2022 | -8.8% | +10.3% | -36.7% |
| 2021 | -11.3% | +43.4% | +2.0% |
| 2020 | +36.5% | -13.4% | +947.5% |
| 2019 | +4.6% | +1.6% | -16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Reins Of Change Foundation with a Mission Score of 85 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, Reins Of Change 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 surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its age and activity level and suggests a volunteer-led or very lean operational model.
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 Reins Of Change Foundation's IRS 990 filings:
- Significant drop in latest reported revenue ($29,147) compared to prior fiscal years (e.g., $66,839 in 2023)
- Occasional deficit years (e.g., 2022 expenses exceeded revenue by $14,100)
Strengths
The following positive indicators were identified for Reins Of Change Foundation:
- Consistent reporting of 0% officer compensation, indicating high program focus and volunteer leadership.
- Minimal liabilities reported across all filings, suggesting strong financial management and low debt.
- Assets have shown growth over time, from $2,734 in 2011 to $33,681 in 2023, indicating some financial stability.
- Expenses generally align closely with revenues, demonstrating responsible spending.
Frequently Asked Questions about Reins Of Change Foundation
Is Reins Of Change Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Reins Of Change Foundation (EIN: 204039314) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Reins Of Change Foundation spend its money?
Reins Of Change Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Reins Of Change Foundation tax-deductible?
Reins Of Change Foundation is registered as a tax-exempt nonprofit (EIN: 204039314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant drop in revenue to $29,147 in the latest period compared to previous years?
The provided data shows the 'Latest Revenue' as $29,147, which is lower than the $66,839 reported for the 202312 period. This discrepancy suggests either a partial year reporting or a significant decline after the 2023 fiscal year end. Further investigation into the most recent complete filing would be needed to understand this specific figure.
How does Reins Of Change Foundation manage to operate without any reported officer compensation?
The consistent 0% officer compensation across all filings suggests that the organization is either entirely volunteer-run at the executive level or that executive roles are compensated through other means not classified as officer compensation on the 990, though the former is more likely given the consistent reporting.
What is the organization's long-term strategy for asset growth and financial sustainability?
While assets have grown from $2,734 in 2011 to $33,681 in 2023, the organization has experienced years with deficits (e.g., 2022 with expenses exceeding revenue by $14,100). A clear strategy for building reserves and ensuring consistent surpluses would be beneficial for long-term sustainability, especially given the recent revenue fluctuations.
Filing History
IRS 990 filing history for Reins Of Change Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Reins Of Change Foundation's revenue has grown by 1054%, moving from $6K to $67K. Total assets increased by 1131.9% over the same period, from $3K to $34K. Total functional expenses rose by 1762.9%, from $3K to $57K. In its most recent filing year (2023), Reins Of Change Foundation reported a surplus of $9K, with revenue exceeding expenses. The organization holds $1 in liabilities against $34K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $57K | $34K | $1 | — | — |
| 2022 | $71K | $85K | $24K | $1 | — | View 990 |
| 2021 | $78K | $77K | $38K | $1 | — | — |
| 2020 | $88K | $54K | $38K | $1 | — | — |
| 2019 | $64K | $62K | $4K | $1 | — | — |
| 2015 | $62K | $61K | $4K | $1 | — | View 990 |
| 2014 | $55K | $56K | $4K | $1 | — | View 990 |
| 2013 | $5K | $3K | $5K | $0 | — | View 990 |
| 2012 | $2K | $2K | $3K | $0 | — | View 990 |
| 2011 | $6K | $3K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $57K, and assets of $34K (revenue -5.9% year-over-year).
- 2022: Revenue of $71K, expenses of $85K, and assets of $24K (revenue -8.8% year-over-year).
- 2021: Revenue of $78K, expenses of $77K, and assets of $38K (revenue -11.3% year-over-year).
- 2020: Revenue of $88K, expenses of $54K, and assets of $38K (revenue +36.5% year-over-year).
- 2019: Revenue of $64K, expenses of $62K, and assets of $4K (revenue +4.6% year-over-year).
- 2015: Revenue of $62K, expenses of $61K, and assets of $4K (revenue +11.3% year-over-year).
- 2014: Revenue of $55K, expenses of $56K, and assets of $4K (revenue +1008.0% year-over-year).
- 2013: Revenue of $5K, expenses of $3K, and assets of $5K (revenue +107.7% year-over-year).
- 2012: Revenue of $2K, expenses of $2K, and assets of $3K (revenue -58.5% year-over-year).
- 2011: Revenue of $6K, expenses of $3K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reins Of Change Foundation:
Data Sources and Methodology
This transparency report for Reins Of Change 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.