Resilient Floor Covering Institute
Resilient Floor Covering Institute consistently operates with a surplus and zero reported officer compensation.
EIN: 131545959 · Lagrange, GA · Updated: 2026-03-28
Is Resilient Floor Covering Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Resilient Floor Covering Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Resilient Floor Covering Institute
Resilient Floor Covering Institute (EIN: 131545959) is a nonprofit organization based in Lagrange, GA. The organization reported total revenue of $2.7M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Resilient Floor Covering Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Resilient Floor Covering Institute is a mid-size nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$318K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 12.1% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Resilient Floor Covering Institute reported a surplus of $318K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Resilient Floor Covering Institute's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | -7.1% | +27.4% |
| 2022 | +77.1% | +38.6% | +31.6% |
| 2021 | +4.3% | +24.4% | -20.9% |
| 2020 | +2.6% | -11.0% | +3.2% |
| 2019 | +4.2% | -1.3% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1944 |
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 Resilient Floor Covering Institute 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, Resilient Floor Covering Institute 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 $318K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either uncompensated or compensated through mechanisms not classified as officer compensation on the 990, which is highly unusual for an organization with over $2 million in annual revenue.
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 Resilient Floor Covering Institute's IRS 990 filings:
- Lack of detailed spending breakdown (program, admin, fundraising) in provided data
- Unusually low (0%) reported officer compensation for an organization of this revenue size, which might obscure actual leadership costs if compensated differently.
Strengths
The following positive indicators were identified for Resilient Floor Covering Institute:
- Consistent financial surpluses in recent years (e.g., $317,934 in 2023, $278,212 in 2022)
- Strong asset growth over the past decade (from $342,290 in 2014 to $1,477,864 in 2023)
- Consistently reports zero liabilities in most recent filings, indicating strong financial health and no debt
- Regular and consistent IRS 990 filing history (13 filings)
- Significant revenue growth in recent years, particularly between 2021 and 2022
Frequently Asked Questions about Resilient Floor Covering Institute
Is Resilient Floor Covering Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Resilient Floor Covering Institute (EIN: 131545959) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Resilient Floor Covering Institute spend its money?
Resilient Floor Covering Institute directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Resilient Floor Covering Institute tax-deductible?
Resilient Floor Covering Institute is registered as a tax-exempt nonprofit (EIN: 131545959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does RFCI manage to operate with zero reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executive roles are filled by volunteers, or compensation is structured in a way that it's not reported in this specific section (e.g., through a related entity, or as general employee salaries rather than officer compensation).
What are the primary programs and activities of RFCI?
Without the NTEE code or detailed program service expense breakdown from the 990, the specific programs are not clear from the provided data. However, as a 'Resilient Floor Covering Institute,' it likely focuses on industry standards, advocacy, education, or research related to resilient floor coverings.
What is the reason for the significant increase in revenue from 2021 ($1,559,223) to 2022 ($2,761,995)?
The provided data does not specify the reason for this substantial revenue increase. It could be due to increased membership dues, successful fundraising campaigns, or a significant one-time event or grant.
Filing History
IRS 990 filing history for Resilient Floor Covering Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Resilient Floor Covering Institute's revenue has grown by 115.3%, moving from $1.2M to $2.6M. Total assets increased by 362% over the same period, from $320K to $1.5M. Total functional expenses rose by 82.2%, from $1.3M to $2.3M. In its most recent filing year (2023), Resilient Floor Covering Institute reported a surplus of $318K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.3M | $1.5M | $0 | — | View 990 |
| 2022 | $2.8M | $2.5M | $1.2M | $0 | — | View 990 |
| 2021 | $1.6M | $1.8M | $882K | $0 | — | View 990 |
| 2020 | $1.5M | $1.4M | $1.1M | $0 | — | — |
| 2019 | $1.5M | $1.6M | $1.1M | $20K | — | View 990 |
| 2018 | $1.4M | $1.6M | $1.2M | $0 | — | View 990 |
| 2017 | $1.9M | $1.3M | $1.5M | $0 | — | View 990 |
| 2016 | $1.5M | $1.3M | $850K | $0 | — | View 990 |
| 2015 | $1.6M | $1.3M | $604K | $87 | — | View 990 |
| 2014 | $1.5M | $1.6M | $342K | $131 | — | View 990 |
| 2013 | $1.4M | $1.4M | $415K | $0 | — | View 990 |
| 2012 | $1.3M | $1.3M | $368K | $6K | — | View 990 |
| 2011 | $1.2M | $1.3M | $320K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.3M, and assets of $1.5M (revenue -5.0% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.5M, and assets of $1.2M (revenue +77.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.8M, and assets of $882K (revenue +4.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $1.1M (revenue +2.6% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.6M, and assets of $1.1M (revenue +4.2% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.6M, and assets of $1.2M (revenue -26.4% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.3M, and assets of $1.5M (revenue +23.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.3M, and assets of $850K (revenue -3.6% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.3M, and assets of $604K (revenue +7.4% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $342K (revenue +3.2% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $415K (revenue +10.0% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $368K (revenue +7.6% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.3M, and assets of $320K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Resilient Floor Covering Institute:
Data Sources and Methodology
This transparency report for Resilient Floor Covering Institute 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.