Renfrew Foundation Inc
Renfrew Foundation Inc. consistently operates at a deficit, drawing on assets, with no officer compensation.
EIN: 133213943 · Bethesda, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $123K |
| Total Expenses | $45K |
| Program Spending | 70% |
| Net Assets | $557K |
| Transparency Score | 70/100 |
Is Renfrew Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Renfrew Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Renfrew Foundation Inc
Renfrew Foundation Inc (EIN: 133213943) is a nonprofit organization based in Bethesda, MD. The organization reported total revenue of $123K and total assets of $598K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Renfrew Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Renfrew Foundation Inc is a small nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $45K |
| Surplus / Deficit | $-29,186 |
| Total Assets | $557K |
| Total Liabilities | $1 |
| Net Assets | $557K |
| Operating Margin | -181.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.5 months |
Financial Health Grade: B
In 2023, Renfrew Foundation Inc reported a deficit of $29K with expenses exceeding revenue, holds 147.5 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), Renfrew Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -69.4% | -0.1% | -5.0% |
| 2022 | -11.5% | +1.1% | +1.3% |
| 2021 | +187.9% | -0.9% | +2.6% |
| 2020 | -48.5% | -1.1% | -4.2% |
| 2019 | -20.7% | +15.6% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Renfrew Foundation Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Renfrew Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not paid, which is a strong positive for donor trust and suggests a volunteer-led organization.
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 Renfrew Foundation Inc's IRS 990 filings:
- Consistent operational deficits (e.g., $16,122 revenue vs. $45,308 expenses in 2023)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Slight decline in assets in the most recent year, potentially due to covering deficits
Strengths
The following positive indicators were identified for Renfrew Foundation Inc:
- Zero officer compensation, indicating volunteer leadership and efficient use of funds for executive roles
- Very low liabilities ($1 in recent years), demonstrating strong debt management
- Stable asset base relative to annual expenses, providing a financial cushion
- Long operating history with consistent filing of IRS 990s
Frequently Asked Questions about Renfrew Foundation Inc
Is Renfrew Foundation Inc a legitimate charity?
Renfrew Foundation Inc (EIN: 133213943) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $123K. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Renfrew Foundation Inc spend its money?
Renfrew Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Renfrew Foundation Inc tax-deductible?
Renfrew Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133213943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Renfrew Foundation Inc's spending goes to programs?
Renfrew Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Renfrew Foundation Inc located?
Renfrew Foundation Inc is headquartered in Bethesda, Maryland and files with the IRS under EIN 133213943.
How many years of IRS 990 filings does Renfrew Foundation Inc have?
Renfrew Foundation 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 $123K in total revenue.
Is Renfrew Foundation Inc. financially sustainable given its recurring deficits?
The organization has consistently spent more than it earned in several recent years (e.g., $16,122 revenue vs. $45,308 expenses in 2023). While it has a substantial asset base ($557,021 in 2023) to cover these deficits, this trend is not sustainable long-term without increased revenue or reduced expenses.
What are the primary programs of Renfrew Foundation Inc.?
The provided IRS 990 data does not specify the NTEE code or provide details on the organization's programs. Further investigation into their public mission statement or website would be necessary to understand their primary activities.
How does Renfrew Foundation Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that executive services are provided pro bono. This is a notable characteristic for a nonprofit.
What is the trend in Renfrew Foundation Inc.'s assets?
Assets have fluctuated but generally remained stable over the decade, ranging from $511,934 in 2013 to $597,581 (latest reported). However, there has been a slight decline from $586,207 in 2022 to $557,021 in 2023, likely due to covering operational deficits.
Filing History
IRS 990 filing history for Renfrew Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Renfrew Foundation Inc's revenue has grown by 23.5%, moving from $13K to $16K. Total assets increased by 0.4% over the same period, from $555K to $557K. Total functional expenses rose by 32.1%, from $34K to $45K. In its most recent filing year (2023), Renfrew Foundation Inc reported a deficit of $29K, with expenses exceeding revenue. The organization holds $1 in liabilities against $557K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $557K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $45K | $557K | $1 | — | — |
| 2022 | $53K | $45K | $586K | $1 | — | — |
| 2021 | $60K | $45K | $579K | $1 | — | — |
| 2020 | $21K | $45K | $564K | $1 | — | — |
| 2019 | $40K | $46K | $589K | $1 | — | View 990 |
| 2015 | $51K | $40K | $531K | $1 | — | View 990 |
| 2014 | $43K | $35K | $521K | $415 | — | View 990 |
| 2013 | $15K | $34K | $512K | $0 | — | View 990 |
| 2012 | $12K | $34K | $532K | $0 | — | View 990 |
| 2011 | $13K | $34K | $555K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $45K, and assets of $557K (revenue -69.4% year-over-year).
- 2022: Revenue of $53K, expenses of $45K, and assets of $586K (revenue -11.5% year-over-year).
- 2021: Revenue of $60K, expenses of $45K, and assets of $579K (revenue +187.9% year-over-year).
- 2020: Revenue of $21K, expenses of $45K, and assets of $564K (revenue -48.5% year-over-year).
- 2019: Revenue of $40K, expenses of $46K, and assets of $589K (revenue -20.7% year-over-year).
- 2015: Revenue of $51K, expenses of $40K, and assets of $531K (revenue +16.8% year-over-year).
- 2014: Revenue of $43K, expenses of $35K, and assets of $521K (revenue +194.3% year-over-year).
- 2013: Revenue of $15K, expenses of $34K, and assets of $512K (revenue +23.5% year-over-year).
- 2012: Revenue of $12K, expenses of $34K, and assets of $532K (revenue -8.7% year-over-year).
- 2011: Revenue of $13K, expenses of $34K, and assets of $555K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Renfrew Foundation Inc:
Data Sources and Methodology
This transparency report for Renfrew Foundation 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.