Resource Foundation Inc
Resource Foundation Inc. shows fluctuating revenue and expenses with zero reported executive compensation.
EIN: 133421446 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Resource Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Resource Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Resource Foundation Inc
Resource Foundation Inc (EIN: 133421446) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.0M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Resource Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Resource Foundation Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$169K |
| Total Assets | $1.4M |
| Total Liabilities | $174K |
| Net Assets | $1.2M |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 12.7% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Resource Foundation Inc reported a surplus of $169K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 12.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Resource Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.2% | +1.6% | -12.5% |
| 2022 | -44.2% | -36.3% | -11.6% |
| 2021 | +6.4% | +32.0% | +2.1% |
| 2020 | -10.0% | -56.4% | +4.9% |
| 2019 | -54.4% | -46.2% | -53.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Resource Foundation Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Resource Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $169K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a strong positive indicator for a nonprofit of its size, with revenues ranging from $2 million to over $11 million.
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 Resource Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility
- Multiple years with expenses exceeding revenue (e.g., 2022, 2021, 2019, 2018, 2017)
- Lack of NTEE code in provided data
Strengths
The following positive indicators were identified for Resource Foundation Inc:
- Consistent 0% officer compensation reported across all filings
- Generally positive net assets maintained despite revenue fluctuations
- Latest filing (2023) shows a positive operating margin ($168,826 surplus)
Frequently Asked Questions about Resource Foundation Inc
Is Resource Foundation Inc a legitimate charity?
Resource Foundation Inc (EIN: 133421446) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Resource Foundation Inc spend its money?
Resource Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Resource Foundation Inc tax-deductible?
Resource Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133421446). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Resource Foundation Inc CEO make?
Resource Foundation Inc's highest-compensated officer earns $2 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Resource Foundation Inc's spending goes to programs?
Resource Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Resource Foundation Inc located?
Resource Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133421446.
How many years of IRS 990 filings does Resource Foundation Inc have?
Resource Foundation Inc has 13 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 $2.0M in total revenue.
Is Resource Foundation Inc. financially stable?
The organization's financial stability shows variability. While it has maintained positive net assets, there have been several years where expenses exceeded revenue (e.g., 2022, 2021, 2019, 2018, 2017), suggesting periods of operational deficits. However, the latest filing (2023) shows a surplus of $168,826.
How does Resource Foundation Inc. manage its executive compensation?
Resource Foundation Inc. reports 0% officer compensation in all available IRS 990 filings, indicating that no officers received salaries or other compensation from the organization. This is an exceptional practice for a nonprofit of its scale.
What is the trend in the organization's revenue?
The organization's revenue has shown a significant downward trend from a peak of $11,475,584 in 2016 to $2,811,462 in 2023, with considerable fluctuations year-to-year.
Are there any concerns regarding the organization's liabilities?
Liabilities have fluctuated, reaching a high of $1,004,879 in 2019. However, in the most recent filing (2023), liabilities were $174,219, which is a relatively small portion of its $1,371,433 in assets, suggesting manageable debt.
Filing History
IRS 990 filing history for Resource Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Resource Foundation Inc's revenue has declined by 56.4%, moving from $6.5M to $2.8M. Total assets decreased by 26.2% over the same period, from $1.9M to $1.4M. Total functional expenses fell by 58.6%, from $6.4M to $2.6M. In its most recent filing year (2023), Resource Foundation Inc reported a surplus of $169K, with revenue exceeding expenses. The organization holds $174K in liabilities against $1.4M in assets (debt-to-asset ratio: 12.7%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.6M | $1.4M | $174K | — | View 990 |
| 2022 | $2.3M | $2.6M | $1.6M | $559K | — | View 990 |
| 2021 | $4.1M | $4.1M | $1.8M | $407K | — | View 990 |
| 2020 | $3.8M | $3.1M | $1.7M | $361K | — | — |
| 2019 | $4.2M | $7.1M | $1.7M | $1.0M | — | View 990 |
| 2018 | $9.3M | $13.2M | $3.5M | $27K | — | View 990 |
| 2017 | $8.1M | $8.7M | $7.4M | $32K | — | View 990 |
| 2016 | $11.5M | $8.9M | $8.1M | $42K | — | View 990 |
| 2015 | $11.3M | $9.5M | $5.9M | $422K | — | View 990 |
| 2014 | $8.6M | $7.4M | $4.7M | $1.0M | — | View 990 |
| 2013 | $9.7M | $9.1M | $4.1M | $1.6M | — | View 990 |
| 2012 | $7.6M | $6.9M | $2.7M | $794K | — | View 990 |
| 2011 | $6.5M | $6.4M | $1.9M | $716K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.6M, and assets of $1.4M (revenue +24.2% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.6M, and assets of $1.6M (revenue -44.2% year-over-year).
- 2021: Revenue of $4.1M, expenses of $4.1M, and assets of $1.8M (revenue +6.4% year-over-year).
- 2020: Revenue of $3.8M, expenses of $3.1M, and assets of $1.7M (revenue -10.0% year-over-year).
- 2019: Revenue of $4.2M, expenses of $7.1M, and assets of $1.7M (revenue -54.4% year-over-year).
- 2018: Revenue of $9.3M, expenses of $13.2M, and assets of $3.5M (revenue +15.4% year-over-year).
- 2017: Revenue of $8.1M, expenses of $8.7M, and assets of $7.4M (revenue -29.7% year-over-year).
- 2016: Revenue of $11.5M, expenses of $8.9M, and assets of $8.1M (revenue +1.3% year-over-year).
- 2015: Revenue of $11.3M, expenses of $9.5M, and assets of $5.9M (revenue +32.2% year-over-year).
- 2014: Revenue of $8.6M, expenses of $7.4M, and assets of $4.7M (revenue -11.3% year-over-year).
- 2013: Revenue of $9.7M, expenses of $9.1M, and assets of $4.1M (revenue +26.6% year-over-year).
- 2012: Revenue of $7.6M, expenses of $6.9M, and assets of $2.7M (revenue +18.3% year-over-year).
- 2011: Revenue of $6.5M, expenses of $6.4M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Resource Foundation Inc:
Data Sources and Methodology
This transparency report for Resource 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.