Resource Partners Foundation
Resource Partners Foundation consistently grows assets with minimal reported expenses and no officer compensation.
EIN: 205885806 · San Diego, CA · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $2.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $45.7M |
| Transparency Score | 80/100 |
Is Resource Partners Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Resource Partners Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Resource Partners Foundation
Resource Partners Foundation (EIN: 205885806) is a nonprofit organization based in San Diego, CA, classified under NTEE code T21. The organization reported total revenue of $5.3M and total assets of $50.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Resource Partners Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Resource Partners Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $45.7M |
| Total Liabilities | $1 |
| Net Assets | $45.7M |
| Operating Margin | 44.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 229.1 months |
Financial Health Grade: A
In 2023, Resource Partners Foundation reported a surplus of $1.9M with revenue exceeding expenses, holds 229.1 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), Resource Partners Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.1% | -24.4% | +4.3% |
| 2022 | -85.6% | +169.7% | +1.9% |
| 2021 | +1084.9% | +42.0% | +159.2% |
| 2020 | +49.9% | +22.2% | +10.0% |
| 2019 | -46.0% | +56.4% | +39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Partners Foundation with a Mission Score of 80 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, Resource Partners Foundation 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 $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported across all ten available IRS 990 filings, despite the organization's significant and growing asset base of nearly $50 million. This suggests either a fully volunteer-led executive team or that compensation is structured in a way not reported as officer compensation on the 990, which warrants further inquiry.
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 Partners Foundation's IRS 990 filings:
- No officer compensation reported despite significant assets and revenue, raising transparency questions.
- Lack of detailed program spending breakdown in available data makes direct impact assessment difficult.
Strengths
The following positive indicators were identified for Resource Partners Foundation:
- Consistent and substantial asset growth, reaching $49,971,415.
- Very low liabilities ($1 or $0) across all reported periods, indicating strong financial stability.
- Generally low expense ratios relative to revenue, suggesting efficient operations or significant asset retention.
- Strong revenue generation, with a notable peak of $27,589,680 in 2021.
Frequently Asked Questions about Resource Partners Foundation
Is Resource Partners Foundation a legitimate charity?
Resource Partners Foundation (EIN: 205885806) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Resource Partners Foundation spend its money?
Resource Partners Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Resource Partners Foundation tax-deductible?
Resource Partners Foundation is registered as a tax-exempt nonprofit (EIN: 205885806). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Resource Partners Foundation CEO make?
Resource Partners Foundation's highest-compensated officer earns $50 annually. The organization reported $5.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Resource Partners Foundation's spending goes to programs?
Resource Partners Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Resource Partners Foundation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Resource Partners Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Resource Partners Foundation located?
Resource Partners Foundation is headquartered in San Diego, California and files with the IRS under EIN 205885806. It is classified under NTEE code T21.
How many years of IRS 990 filings does Resource Partners Foundation have?
Resource Partners Foundation 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 $5.3M in total revenue.
Is Resource Partners Foundation a good charity?
Resource Partners Foundation appears to be a financially sound organization with substantial asset growth and very low reported liabilities. Its consistent accumulation of assets and low expense ratios suggest strong financial management. However, without reported officer compensation and detailed program spending breakdowns, it's challenging to fully assess its direct charitable impact and transparency regarding executive leadership.
How does Resource Partners Foundation use its funds?
Based on the NTEE code T21 (Private Grantmaking Foundations) and the financial data showing high revenue relative to expenses, Resource Partners Foundation likely uses its funds primarily for grantmaking and asset accumulation to support future grantmaking activities. For example, in 2021, revenue was $27,589,680 while expenses were only $1,173,624, indicating a significant portion was retained or invested.
Why is there no officer compensation reported?
The absence of reported officer compensation across all filings could mean that the organization's executive leadership is entirely volunteer-based, or that compensation is paid through a related entity, or structured in a way that it is not categorized as 'officer compensation' on the IRS 990. This is an area that could benefit from greater transparency.
Filing History
IRS 990 filing history for Resource Partners Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Resource Partners Foundation's revenue has grown by 321.2%, moving from $1.0M to $4.3M. Total assets increased by 916.2% over the same period, from $4.5M to $45.7M. Total functional expenses rose by 1163.6%, from $189K to $2.4M. In its most recent filing year (2023), Resource Partners Foundation reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $1 in liabilities against $45.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $45.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $2.4M | $45.7M | $1 | — | View 990 |
| 2022 | $4.0M | $3.2M | $43.8M | $1 | — | View 990 |
| 2021 | $27.6M | $1.2M | $43.0M | $1 | — | View 990 |
| 2020 | $2.3M | $826K | $16.6M | $1 | — | — |
| 2019 | $1.6M | $676K | $15.1M | $1 | — | — |
| 2015 | $2.9M | $432K | $10.8M | $0 | — | View 990 |
| 2014 | $2.1M | $364K | $8.3M | $0 | — | View 990 |
| 2013 | $1.3M | $283K | $6.5M | $0 | — | View 990 |
| 2012 | $1.2M | $237K | $5.5M | $0 | — | View 990 |
| 2011 | $1.0M | $189K | $4.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $2.4M, and assets of $45.7M (revenue +8.1% year-over-year).
- 2022: Revenue of $4.0M, expenses of $3.2M, and assets of $43.8M (revenue -85.6% year-over-year).
- 2021: Revenue of $27.6M, expenses of $1.2M, and assets of $43.0M (revenue +1084.9% year-over-year).
- 2020: Revenue of $2.3M, expenses of $826K, and assets of $16.6M (revenue +49.9% year-over-year).
- 2019: Revenue of $1.6M, expenses of $676K, and assets of $15.1M (revenue -46.0% year-over-year).
- 2015: Revenue of $2.9M, expenses of $432K, and assets of $10.8M (revenue +35.3% year-over-year).
- 2014: Revenue of $2.1M, expenses of $364K, and assets of $8.3M (revenue +63.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $283K, and assets of $6.5M (revenue +8.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $237K, and assets of $5.5M (revenue +17.7% year-over-year).
- 2011: Revenue of $1.0M, expenses of $189K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Resource Partners Foundation:
Data Sources and Methodology
This transparency report for Resource Partners 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.