Reka Darida Foundation
EIN: 852568150 · New York, NY · NTEE: A24
| Metric | Value |
|---|---|
| Total Revenue | $13.6M |
| Total Expenses | $1.3M |
| Net Assets | $10.9M |
Is Reka Darida Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reka Darida Foundation
Reka Darida Foundation (EIN: 852568150) is a nonprofit organization based in New York, NY, classified under NTEE code A24. The organization reported total revenue of $13.6M and total assets of $22.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reka Darida Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reka Darida Foundation is a large nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$739K |
| Total Assets | $11.0M |
| Total Liabilities | $65K |
| Net Assets | $10.9M |
| Operating Margin | 35.7% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 99.0 months |
Financial Health Grade: A
In 2023, Reka Darida Foundation reported a surplus of $739K with revenue exceeding expenses, holds 99.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Reka Darida Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +106005.6% | +12.7% | +7.1% |
| 2022 | -100.0% | +50.2% | -10.0% |
| 2021 | +412.5% | +629.3% | +501.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reka Darida 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 Reka Darida 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 $739K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Reka Darida Foundation
Is Reka Darida Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Reka Darida Foundation (EIN: 852568150) insufficient data. 0 red flags identified, 0 strengths noted.
How does Reka Darida Foundation spend its money?
Detailed spending breakdown data is not yet available for Reka Darida Foundation. Check back for updated IRS 990 analysis.
Are donations to Reka Darida Foundation tax-deductible?
Reka Darida Foundation is registered as a tax-exempt nonprofit (EIN: 852568150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reka Darida Foundation located?
Reka Darida Foundation is headquartered in New York, New York and files with the IRS under EIN 852568150. It is classified under NTEE code A24.
How many years of IRS 990 filings does Reka Darida Foundation have?
Reka Darida Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $13.6M in total revenue.
Filing History
IRS 990 filing history for Reka Darida Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Reka Darida Foundation's revenue has grown by 3.5%, moving from $2.0M to $2.1M. Total assets increased by 480.3% over the same period, from $1.9M to $11.0M. Total functional expenses rose by 1135.1%, from $108K to $1.3M. In its most recent filing year (2023), Reka Darida Foundation reported a surplus of $739K, with revenue exceeding expenses. The organization holds $65K in liabilities against $11.0M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $10.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.3M | $11.0M | $65K | — | View 990 |
| 2022 | $2K | $1.2M | $10.3M | $73K | — | View 990 |
| 2021 | $10.3M | $786K | $11.4M | $35K | — | View 990 |
| 2020 | $2.0M | $108K | $1.9M | $140 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.3M, and assets of $11.0M (revenue +106005.6% year-over-year).
- 2022: Revenue of $2K, expenses of $1.2M, and assets of $10.3M (revenue -100.0% year-over-year).
- 2021: Revenue of $10.3M, expenses of $786K, and assets of $11.4M (revenue +412.5% year-over-year).
- 2020: Revenue of $2.0M, expenses of $108K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reka Darida Foundation:
Data Sources and Methodology
This transparency report for Reka Darida 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.