Rice Cameron Family Foundation
Rice Cameron Family Foundation consistently reports zero officer compensation, demonstrating strong financial transparency.
EIN: 208046545 · Washington, DC · NTEE: T20 · Updated: 2026-03-28
Is Rice Cameron Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rice Cameron Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rice Cameron Family Foundation
Rice Cameron Family Foundation (EIN: 208046545) is a nonprofit organization based in Washington, DC, classified under NTEE code T20. The organization reported total revenue of $1.2M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rice Cameron Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rice Cameron Family Foundation is a mid-size nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $273K |
| Total Expenses | $345K |
| Surplus / Deficit | $-72,509 |
| Total Assets | $1.5M |
| Total Liabilities | $1 |
| Net Assets | $1.5M |
| Operating Margin | -26.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 52.3 months |
Financial Health Grade: B
In 2023, Rice Cameron Family Foundation reported a deficit of $73K with expenses exceeding revenue, holds 52.3 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), Rice Cameron Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +684.2% | -3.9% | -4.6% |
| 2022 | -78.1% | +93.0% | -17.1% |
| 2021 | -85.5% | -29.2% | -1.3% |
| 2020 | +269.9% | +39.4% | +76.5% |
| 2019 | +220.1% | -21.0% | +35.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Rice Cameron Family Foundation with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Rice Cameron Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $73K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is a significant positive for a foundation of its size, suggesting that all operational expenses are directed towards administrative and program costs, rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Rice Cameron Family Foundation:
- Consistent 0% officer compensation across all filings, indicating strong financial transparency and dedication to mission.
- Healthy asset base of $1,560,207, providing financial stability.
- Strong program focus, with a high percentage of expenses directed towards programmatic activities.
- Low liabilities ($1 across all filings), indicating sound financial management.
Frequently Asked Questions about Rice Cameron Family Foundation
Is Rice Cameron Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rice Cameron Family Foundation (EIN: 208046545) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Rice Cameron Family Foundation spend its money?
Rice Cameron Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rice Cameron Family Foundation tax-deductible?
Rice Cameron Family Foundation is registered as a tax-exempt nonprofit (EIN: 208046545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Rice Cameron Family Foundation a good charity?
Based on the provided data, the Rice Cameron Family Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating that funds are not being used for executive salaries. Its program spending is high, and it maintains a healthy asset base.
How does the foundation manage its expenses relative to revenue?
The foundation's expenses have sometimes exceeded its revenue, such as in 202311 ($345,067 expenses vs. $272,558 revenue) and 202211 ($359,118 expenses vs. $34,758 revenue). However, it has also had periods where revenue significantly outpaced expenses, like in 202011 ($1,094,067 revenue vs. $262,718 expenses). This suggests a strategic use of its asset base to support its mission during periods of lower revenue.
What is the trend in the foundation's assets?
The foundation's assets have generally shown growth over the long term, from $867,587 in 201111 to $1,560,207 currently. While there have been fluctuations, such as a decrease from $1,924,927 in 202011 to $1,502,710 in 202311, the overall trend indicates a stable and substantial financial base.
Filing History
IRS 990 filing history for Rice Cameron Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rice Cameron Family Foundation's revenue has grown by 94.2%, moving from $140K to $273K. Total assets increased by 73.2% over the same period, from $868K to $1.5M. Total functional expenses rose by 214.9%, from $110K to $345K. In its most recent filing year (2023), Rice Cameron Family Foundation reported a deficit of $73K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $273K | $345K | $1.5M | $1 | — | View 990 |
| 2022 | $35K | $359K | $1.6M | $1 | — | View 990 |
| 2021 | $159K | $186K | $1.9M | $1 | — | View 990 |
| 2020 | $1.1M | $263K | $1.9M | $1 | — | — |
| 2019 | $296K | $188K | $1.1M | $1 | — | View 990 |
| 2015 | $92K | $238K | $808K | $1 | — | View 990 |
| 2014 | $289K | $294K | $959K | $1 | — | View 990 |
| 2013 | $53K | $97K | $966K | $1 | — | View 990 |
| 2012 | $393K | $251K | $1.0M | $1 | — | View 990 |
| 2011 | $140K | $110K | $868K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $273K, expenses of $345K, and assets of $1.5M (revenue +684.2% year-over-year).
- 2022: Revenue of $35K, expenses of $359K, and assets of $1.6M (revenue -78.1% year-over-year).
- 2021: Revenue of $159K, expenses of $186K, and assets of $1.9M (revenue -85.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $263K, and assets of $1.9M (revenue +269.9% year-over-year).
- 2019: Revenue of $296K, expenses of $188K, and assets of $1.1M (revenue +220.1% year-over-year).
- 2015: Revenue of $92K, expenses of $238K, and assets of $808K (revenue -68.0% year-over-year).
- 2014: Revenue of $289K, expenses of $294K, and assets of $959K (revenue +444.6% year-over-year).
- 2013: Revenue of $53K, expenses of $97K, and assets of $966K (revenue -86.5% year-over-year).
- 2012: Revenue of $393K, expenses of $251K, and assets of $1.0M (revenue +180.3% year-over-year).
- 2011: Revenue of $140K, expenses of $110K, and assets of $868K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rice Cameron Family Foundation:
Data Sources and Methodology
This transparency report for Rice Cameron Family 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.