Reval Foundation Inc
Reval Foundation Inc. consistently operates at a deficit despite substantial assets and no reported officer compensation.
EIN: 203560525 · Riderwood, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $733K |
| Total Expenses | $349K |
| Program Spending | 80% |
| Net Assets | $4.0M |
| Transparency Score | 70/100 |
Is Reval Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reval Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reval Foundation Inc
Reval Foundation Inc (EIN: 203560525) is a nonprofit organization based in Riderwood, MD, classified under NTEE code T22. The organization reported total revenue of $733K and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reval Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reval Foundation Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -18.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $188K |
| Total Expenses | $349K |
| Surplus / Deficit | $-161,018 |
| Total Assets | $4.0M |
| Total Liabilities | $1 |
| Net Assets | $4.0M |
| Operating Margin | -85.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 138.1 months |
Financial Health Grade: B
In 2023, Reval Foundation Inc reported a deficit of $161K with expenses exceeding revenue, holds 138.1 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), Reval Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.9% | -6.6% | -3.9% |
| 2022 | -53.1% | +13.0% | -2.7% |
| 2021 | +286.8% | +1.5% | +6.2% |
| 2020 | -4.0% | -6.0% | -4.1% |
| 2019 | -3.8% | +28.8% | +28.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Reval Foundation Inc with a Mission Score of 70 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, Reval Foundation 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 deficit of $161K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Reval Foundation Inc. reports 0% officer compensation across all available filings, indicating either a fully volunteer executive leadership or that executive compensation is embedded within other expense categories, which would require further investigation to fully assess.
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 Reval Foundation Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in 8 out of 10 filings, including recent years)
- Significant revenue volatility over the past decade (e.g., $2.1M in 2011 vs. $188K in 2023)
Strengths
The following positive indicators were identified for Reval Foundation Inc:
- Extremely low liabilities ($1 reported across all filings)
- Substantial asset base (consistently over $3 million)
- No reported officer compensation, indicating low executive overhead
Frequently Asked Questions about Reval Foundation Inc
Is Reval Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reval Foundation Inc (EIN: 203560525) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Reval Foundation Inc spend its money?
Reval Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Reval Foundation Inc tax-deductible?
Reval Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203560525). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Reval Foundation Inc's spending goes to programs?
Reval Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Reval Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Reval Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Reval Foundation Inc located?
Reval Foundation Inc is headquartered in Riderwood, Maryland and files with the IRS under EIN 203560525. It is classified under NTEE code T22.
How many years of IRS 990 filings does Reval Foundation Inc have?
Reval Foundation Inc 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 $733K in total revenue.
How does Reval Foundation Inc. sustain operations with recurring deficits?
The organization has consistently reported expenses exceeding revenue in most recent years (e.g., $349,024 expenses vs. $188,006 revenue in 2023), suggesting it may be drawing from its substantial asset base (e.g., $4,017,661 in 2023) to cover operational costs.
What are the primary program activities of Reval Foundation Inc. given its NTEE code T22?
As a T22 organization (Philanthropy, Voluntarism, and Grantmaking Foundations), Reval Foundation Inc. is likely involved in grantmaking to other organizations or supporting philanthropic initiatives, rather than direct service provision.
Is the absence of officer compensation a red flag or a strength?
The absence of reported officer compensation is generally a strength, indicating low overhead related to executive salaries. However, it could also mean that executive functions are performed by volunteers or that compensation is reported under other expense lines, which would require further scrutiny of the full 990 form.
What is the long-term financial strategy for Reval Foundation Inc. given its revenue volatility?
Revenue has fluctuated significantly, from $2,127,928 in 2011 to $188,006 in 2023. The organization's strategy for managing this volatility and recurring deficits, especially in relation to its asset base, is not clear from the provided data and would warrant further inquiry.
Filing History
IRS 990 filing history for Reval Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Reval Foundation Inc's revenue has declined by 91.2%, moving from $2.1M to $188K. Total assets increased by 27.4% over the same period, from $3.2M to $4.0M. Total functional expenses rose by 241.8%, from $102K to $349K. In its most recent filing year (2023), Reval Foundation Inc reported a deficit of $161K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $188K | $349K | $4.0M | $1 | — | View 990 |
| 2022 | $272K | $374K | $4.2M | $1 | — | View 990 |
| 2021 | $580K | $331K | $4.3M | $1 | — | — |
| 2020 | $150K | $326K | $4.0M | $1 | — | View 990 |
| 2019 | $156K | $347K | $4.2M | $1 | — | View 990 |
| 2015 | $162K | $269K | $3.3M | $1 | — | View 990 |
| 2014 | $164K | $239K | $3.4M | $1 | — | View 990 |
| 2013 | $137K | $235K | $3.5M | $1 | — | View 990 |
| 2012 | $606K | $182K | $3.6M | $1 | — | View 990 |
| 2011 | $2.1M | $102K | $3.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $188K, expenses of $349K, and assets of $4.0M (revenue -30.9% year-over-year).
- 2022: Revenue of $272K, expenses of $374K, and assets of $4.2M (revenue -53.1% year-over-year).
- 2021: Revenue of $580K, expenses of $331K, and assets of $4.3M (revenue +286.8% year-over-year).
- 2020: Revenue of $150K, expenses of $326K, and assets of $4.0M (revenue -4.0% year-over-year).
- 2019: Revenue of $156K, expenses of $347K, and assets of $4.2M (revenue -3.8% year-over-year).
- 2015: Revenue of $162K, expenses of $269K, and assets of $3.3M (revenue -1.0% year-over-year).
- 2014: Revenue of $164K, expenses of $239K, and assets of $3.4M (revenue +19.4% year-over-year).
- 2013: Revenue of $137K, expenses of $235K, and assets of $3.5M (revenue -77.3% year-over-year).
- 2012: Revenue of $606K, expenses of $182K, and assets of $3.6M (revenue -71.5% year-over-year).
- 2011: Revenue of $2.1M, expenses of $102K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reval Foundation Inc:
Data Sources and Methodology
This transparency report for Reval 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.