Results For Development Institute Inc
Results For Development Institute Inc shows revenue growth but recent filings indicate liabilities exceed assets and no officer compensation is reported.
EIN: 208530747 · Washington, DC · NTEE: Q33 · Updated: 2026-03-28
Is Results For Development Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Results For Development Institute Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Results For Development Institute Inc
Results For Development Institute Inc (EIN: 208530747) is a nonprofit organization based in Washington, DC, classified under NTEE code Q33. The organization reported total revenue of $49.4M and total assets of $20.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Results For Development Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Results For Development Institute Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50.9M |
| Total Expenses | $50.0M |
| Surplus / Deficit | +$895K |
| Total Assets | $29.6M |
| Total Liabilities | $30.2M |
| Net Assets | $-606,635 |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 102.0% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Results For Development Institute Inc reported a surplus of $895K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 102.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Results For Development Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | -1.6% | +28.2% |
| 2022 | +13.3% | +13.5% | +37.8% |
| 2021 | +44.6% | +20.7% | -25.7% |
| 2020 | +0.3% | +11.0% | -14.0% |
| 2019 | +44.5% | +26.4% | -6.3% |
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 Results For Development Institute Inc with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Results For Development Institute Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $895K, with revenue exceeding expenses.
- Debt-to-asset ratio: 102.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $50 million. This suggests executive compensation may be categorized under other expense lines, potentially obscuring the true cost of leadership.
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 Results For Development Institute Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is highly unusual for an organization of this scale and could indicate a lack of transparency in executive pay.
- Negative net assets in the most recent filing (202312), where liabilities ($30,216,271) exceed assets ($29,609,636).
- Frequent periods where expenses exceed revenue (e.g., 2022, 2021, 2020, 2019, 2018), indicating potential reliance on reserves or other funding to cover operational costs.
Strengths
The following positive indicators were identified for Results For Development Institute Inc:
- Significant revenue growth, reaching over $50 million in 2023, indicating strong fundraising or grant acquisition capabilities.
- Substantial asset base, with assets growing to nearly $30 million in 2023, providing a foundation for operations.
- Long filing history (13 filings), suggesting established operations and compliance with IRS reporting requirements.
Frequently Asked Questions about Results For Development Institute Inc
Is Results For Development Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Results For Development Institute Inc (EIN: 208530747) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Results For Development Institute Inc spend its money?
Results For Development Institute Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Results For Development Institute Inc tax-deductible?
Results For Development Institute Inc is registered as a tax-exempt nonprofit (EIN: 208530747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Results For Development Institute Inc consistently report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings, despite the organization's significant revenue and expense levels, is highly unusual. This suggests that executive salaries might be classified under other expense categories (e.g., program expenses, salaries and wages) rather than being explicitly reported as officer compensation, which could impact transparency.
What is the reason for the recent negative net asset position?
In the 202312 period, the organization reported assets of $29,609,636 and liabilities of $30,216,271, resulting in negative net assets. This indicates that the organization's debts exceed its available assets, which could be a short-term liquidity issue or a longer-term financial concern depending on the nature of the liabilities.
How does Results For Development Institute Inc manage its expenses when they exceed revenue?
In several recent periods (e.g., 2022, 2021, 2020), expenses have exceeded revenue. This suggests the organization may be drawing from accumulated reserves from prior profitable years (like 2017, 2016, 2015) or relying on other forms of financing to cover operational costs.
Filing History
IRS 990 filing history for Results For Development Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Results For Development Institute Inc's revenue has grown by 338.5%, moving from $11.6M to $50.9M. Total assets increased by 61.6% over the same period, from $18.3M to $29.6M. Total functional expenses rose by 421.7%, from $9.6M to $50.0M. In its most recent filing year (2023), Results For Development Institute Inc reported a surplus of $895K, with revenue exceeding expenses. The organization holds $30.2M in liabilities against $29.6M in assets (debt-to-asset ratio: 102.0%), resulting in net assets of $-606,635.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50.9M | $50.0M | $29.6M | $30.2M | — | — |
| 2022 | $45.7M | $50.8M | $23.1M | $24.6M | — | View 990 |
| 2021 | $40.4M | $44.8M | $16.8M | $13.1M | — | View 990 |
| 2020 | $27.9M | $37.1M | $22.6M | $14.4M | — | View 990 |
| 2019 | $27.8M | $33.4M | $26.2M | $8.9M | — | View 990 |
| 2018 | $19.2M | $26.4M | $28.0M | $5.1M | — | View 990 |
| 2017 | $32.8M | $26.8M | $35.5M | $5.4M | — | View 990 |
| 2016 | $33.6M | $24.0M | $29.5M | $5.5M | — | View 990 |
| 2015 | $25.3M | $20.8M | $20.0M | $5.6M | — | View 990 |
| 2014 | $19.3M | $18.0M | $12.1M | $2.3M | — | View 990 |
| 2013 | $11.7M | $15.3M | $10.5M | $2.0M | — | View 990 |
| 2012 | $8.2M | $12.4M | $14.6M | $2.4M | — | View 990 |
| 2011 | $11.6M | $9.6M | $18.3M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50.9M, expenses of $50.0M, and assets of $29.6M (revenue +11.4% year-over-year).
- 2022: Revenue of $45.7M, expenses of $50.8M, and assets of $23.1M (revenue +13.3% year-over-year).
- 2021: Revenue of $40.4M, expenses of $44.8M, and assets of $16.8M (revenue +44.6% year-over-year).
- 2020: Revenue of $27.9M, expenses of $37.1M, and assets of $22.6M (revenue +0.3% year-over-year).
- 2019: Revenue of $27.8M, expenses of $33.4M, and assets of $26.2M (revenue +44.5% year-over-year).
- 2018: Revenue of $19.2M, expenses of $26.4M, and assets of $28.0M (revenue -41.3% year-over-year).
- 2017: Revenue of $32.8M, expenses of $26.8M, and assets of $35.5M (revenue -2.5% year-over-year).
- 2016: Revenue of $33.6M, expenses of $24.0M, and assets of $29.5M (revenue +32.8% year-over-year).
- 2015: Revenue of $25.3M, expenses of $20.8M, and assets of $20.0M (revenue +31.2% year-over-year).
- 2014: Revenue of $19.3M, expenses of $18.0M, and assets of $12.1M (revenue +65.3% year-over-year).
- 2013: Revenue of $11.7M, expenses of $15.3M, and assets of $10.5M (revenue +42.0% year-over-year).
- 2012: Revenue of $8.2M, expenses of $12.4M, and assets of $14.6M (revenue -29.1% year-over-year).
- 2011: Revenue of $11.6M, expenses of $9.6M, and assets of $18.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Results For Development Institute Inc:
Data Sources and Methodology
This transparency report for Results For Development Institute 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.