Ret Americas Inc
Ret Americas Inc shows fluctuating revenues and expenses with consistent zero officer compensation.
EIN: 202147701 · Washington, DC · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $244K |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| Net Assets | $-36,104 |
| Transparency Score | 75/100 |
Is Ret Americas Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ret Americas Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ret Americas Inc
Ret Americas Inc (EIN: 202147701) is a nonprofit organization based in Washington, DC, classified under NTEE code Q30. The organization reported total revenue of $244K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ret Americas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ret Americas Inc is a small nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-18,296 |
| Total Assets | $109K |
| Total Liabilities | $145K |
| Net Assets | $-36,104 |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 133.2% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2023, Ret Americas Inc reported a deficit of $18K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 133.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.3% | +23.3% | -72.1% |
| 2022 | -8.3% | -8.7% | -53.3% |
| 2021 | +167.3% | +149.8% | +237.9% |
| 2020 | -88.8% | -87.8% | -66.1% |
| 2020 | +72.6% | +69.5% | -41.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Ret Americas Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Ret Americas Inc 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 deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 133.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers received compensation, which is highly favorable for donor perception and resource allocation to programs.
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 Ret Americas Inc's IRS 990 filings:
- Inconsistent revenue and expense patterns, making financial forecasting challenging.
- Liabilities sometimes represent a high percentage of total assets, as seen in 201909 ($1,238,942 liabilities vs $1,248,932 assets).
- Net deficit in the latest filing (202312) where expenses ($1,617,968) exceeded revenue ($1,599,672).
Strengths
The following positive indicators were identified for Ret Americas Inc:
- Consistent reporting of 0% officer compensation across all filings.
- Significant revenue generation in peak years, such as $4,811,756 in 202009.
- Growth in assets over several periods, reaching $2,460,647 in the latest available data.
Frequently Asked Questions about Ret Americas Inc
Is Ret Americas Inc a legitimate charity?
Ret Americas Inc (EIN: 202147701) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 8 years of IRS 990 filings on record. Total revenue: $244K. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does Ret Americas Inc spend its money?
Ret Americas Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ret Americas Inc tax-deductible?
Ret Americas Inc is registered as a tax-exempt nonprofit (EIN: 202147701). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ret Americas Inc's spending goes to programs?
Ret Americas Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ret Americas Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Ret Americas Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ret Americas Inc located?
Ret Americas Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 202147701. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Ret Americas Inc have?
Ret Americas Inc has 8 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 $244K in total revenue.
What caused the significant revenue fluctuations, such as the jump from $538,014 to $4,811,756 between two 2020 filings?
The substantial revenue fluctuations could be due to the nature of their international development projects, which often involve large, time-bound grants, or a change in their fiscal year reporting period in 2020.
How does Ret Americas Inc manage its liabilities, which have at times been close to or exceeded assets?
In periods like 201909, liabilities ($1,238,942) were very close to assets ($1,248,932). This suggests a reliance on short-term funding or project-specific liabilities that are expected to be offset by future revenue or restricted funds.
What is the specific breakdown of program, administrative, and fundraising expenses in their most recent filings?
While specific breakdowns aren't provided in the summary data, the NTEE code Q30 suggests a strong program focus. Given the zero officer compensation, it's reasonable to infer a high program spending ratio, with administrative and fundraising costs being relatively low.
Filing History
IRS 990 filing history for Ret Americas Inc showing financial trends over 8 years of public records:
Total assets increased by 27772.6% over the same period, from $390 to $109K. Total functional expenses rose by 5393126.7%, from $30 to $1.6M. In its most recent filing year (2023), Ret Americas Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $145K in liabilities against $109K in assets (debt-to-asset ratio: 133.2%), resulting in net assets of $-36,104.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $109K | $145K | — | — |
| 2022 | $1.3M | $1.3M | $390K | $408K | — | View 990 |
| 2021 | $1.4M | $1.4M | $836K | $701K | — | View 990 |
| 2020 | $538K | $575K | $247K | $113K | — | View 990 |
| 2020 | $4.8M | $4.7M | $731K | $620K | — | — |
| 2019 | $2.8M | $2.8M | $1.2M | $1.2M | — | View 990 |
| 2012 | $0 | $299 | $91 | $0 | — | View 990 |
| 2011 | $0 | $30 | $390 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $109K (revenue +21.3% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $390K (revenue -8.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $836K (revenue +167.3% year-over-year).
- 2020: Revenue of $538K, expenses of $575K, and assets of $247K (revenue -88.8% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.7M, and assets of $731K (revenue +72.6% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.8M, and assets of $1.2M.
- 2012: Revenue of $0, expenses of $299, and assets of $91.
- 2011: Revenue of $0, expenses of $30, and assets of $390.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ret Americas Inc:
Data Sources and Methodology
This transparency report for Ret Americas 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.