Residential Assisted Living Foundation Inc
EIN: 823776671 · Las Vegas, NV · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $357K |
| Total Expenses | $216K |
| Net Assets | $4.2M |
Is Residential Assisted Living Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Residential Assisted Living Foundation Inc
Residential Assisted Living Foundation Inc (EIN: 823776671) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code B82. The organization reported total revenue of $357K and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Residential Assisted Living Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Residential Assisted Living Foundation Inc is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $684K |
| Total Expenses | $216K |
| Surplus / Deficit | +$468K |
| Total Assets | $4.2M |
| Net Assets | $4.2M |
| Operating Margin | 68.4% |
| Months of Reserves | 236.1 months |
Financial Health Grade: A
In 2023, Residential Assisted Living Foundation Inc reported a surplus of $468K with revenue exceeding expenses, holds 236.1 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Residential Assisted Living Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | -24.6% | +10.9% |
| 2022 | -41.9% | +15.6% | +6.1% |
| 2021 | -31.7% | +1550.3% | +43.0% |
| 2020 | +268.3% | -87.5% | +186.7% |
| 2019 | +12.5% | +79900.0% | +60.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Residential Assisted Living Foundation 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 Residential Assisted Living Foundation 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 $468K, with revenue exceeding expenses.
Frequently Asked Questions about Residential Assisted Living Foundation Inc
Is Residential Assisted Living Foundation Inc a legitimate charity?
Residential Assisted Living Foundation Inc (EIN: 823776671) is a registered tax-exempt nonprofit based in Nevada. It has 6 years of IRS 990 filings on record. Total revenue: $357K. No red flags identified. Financial health grade: A.
How does Residential Assisted Living Foundation Inc spend its money?
Residential Assisted Living Foundation Inc reported $357K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Residential Assisted Living Foundation Inc tax-deductible?
Residential Assisted Living Foundation Inc is registered as a tax-exempt nonprofit (EIN: 823776671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Residential Assisted Living Foundation Inc located?
Residential Assisted Living Foundation Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 823776671. It is classified under NTEE code B82.
How many years of IRS 990 filings does Residential Assisted Living Foundation Inc have?
Residential Assisted Living Foundation Inc has 6 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 $357K in total revenue.
Filing History
IRS 990 filing history for Residential Assisted Living Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Residential Assisted Living Foundation Inc's revenue has grown by 70.9%, moving from $400K to $684K. Total assets increased by 672.1% over the same period, from $550K to $4.2M. Total functional expenses rose by 143782%, from $150 to $216K. In its most recent filing year (2023), Residential Assisted Living Foundation Inc reported a surplus of $468K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $684K | $216K | $4.2M | $0 | — | — |
| 2022 | $657K | $286K | $3.8M | $50K | — | View 990 |
| 2021 | $1.1M | $248K | $3.6M | $200K | — | View 990 |
| 2020 | $1.7M | $15K | $2.5M | $0 | — | View 990 |
| 2019 | $450K | $120K | $880K | $0 | — | View 990 |
| 2018 | $400K | $150 | $550K | $150 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $684K, expenses of $216K, and assets of $4.2M (revenue +4.0% year-over-year).
- 2022: Revenue of $657K, expenses of $286K, and assets of $3.8M (revenue -41.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $248K, and assets of $3.6M (revenue -31.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $15K, and assets of $2.5M (revenue +268.3% year-over-year).
- 2019: Revenue of $450K, expenses of $120K, and assets of $880K (revenue +12.5% year-over-year).
- 2018: Revenue of $400K, expenses of $150, and assets of $550K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Residential Assisted Living Foundation Inc:
Data Sources and Methodology
This transparency report for Residential Assisted Living 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.