Riceville First Foundation Inc
EIN: 462661309 · Riceville, IA · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $48K |
| Net Assets | $442K |
Is Riceville First Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Riceville First Foundation Inc
Riceville First Foundation Inc (EIN: 462661309) is a nonprofit organization based in Riceville, IA, classified under NTEE code B90. The organization reported total revenue of $185K and total assets of $575K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riceville First Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riceville First Foundation Inc is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $48K |
| Surplus / Deficit | $-10,805 |
| Total Assets | $442K |
| Net Assets | $442K |
| Operating Margin | -29.3% |
| Months of Reserves | 111.2 months |
Financial Health Grade: B
In 2023, Riceville First Foundation Inc reported a deficit of $11K with expenses exceeding revenue, holds 111.2 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2013–2023), Riceville First Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.5% | -40.4% | -2.4% |
| 2022 | -69.5% | +43.6% | -10.5% |
| 2021 | +194.3% | +43.5% | +6.8% |
| 2020 | -51.7% | -57.2% | -1.9% |
| 2019 | +7.7% | +135.5% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Riceville First Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Riceville First Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
Frequently Asked Questions about Riceville First Foundation Inc
Is Riceville First Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Riceville First Foundation Inc (EIN: 462661309) insufficient data. 0 red flags identified, 0 strengths noted.
How does Riceville First Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Riceville First Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Riceville First Foundation Inc tax-deductible?
Riceville First Foundation Inc is registered as a tax-exempt nonprofit (EIN: 462661309). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Riceville First Foundation Inc located?
Riceville First Foundation Inc is headquartered in Riceville, Iowa and files with the IRS under EIN 462661309. It is classified under NTEE code B90.
How many years of IRS 990 filings does Riceville First Foundation Inc have?
Riceville First 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 $185K in total revenue.
Filing History
IRS 990 filing history for Riceville First Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Riceville First Foundation Inc's revenue has declined by 60.6%, moving from $94K to $37K. Total assets decreased by 26% over the same period, from $597K to $442K. Total functional expenses rose by 318.2%, from $11K to $48K. In its most recent filing year (2023), Riceville First Foundation Inc reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $48K | $442K | $0 | — | View 990 |
| 2022 | $27K | $80K | $453K | $0 | — | — |
| 2021 | $88K | $56K | $506K | $0 | — | View 990 |
| 2020 | $30K | $39K | $474K | $0 | — | View 990 |
| 2019 | $62K | $91K | $483K | $0 | — | View 990 |
| 2018 | $57K | $39K | $512K | $0 | — | View 990 |
| 2016 | $52K | $92K | $466K | $0 | — | View 990 |
| 2015 | $63K | $91K | $506K | $0 | — | View 990 |
| 2014 | $33K | $95K | $535K | $0 | — | View 990 |
| 2013 | $94K | $11K | $597K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $48K, and assets of $442K (revenue +37.5% year-over-year).
- 2022: Revenue of $27K, expenses of $80K, and assets of $453K (revenue -69.5% year-over-year).
- 2021: Revenue of $88K, expenses of $56K, and assets of $506K (revenue +194.3% year-over-year).
- 2020: Revenue of $30K, expenses of $39K, and assets of $474K (revenue -51.7% year-over-year).
- 2019: Revenue of $62K, expenses of $91K, and assets of $483K (revenue +7.7% year-over-year).
- 2018: Revenue of $57K, expenses of $39K, and assets of $512K (revenue +11.6% year-over-year).
- 2016: Revenue of $52K, expenses of $92K, and assets of $466K (revenue -17.7% year-over-year).
- 2015: Revenue of $63K, expenses of $91K, and assets of $506K (revenue +91.8% year-over-year).
- 2014: Revenue of $33K, expenses of $95K, and assets of $535K (revenue -65.1% year-over-year).
- 2013: Revenue of $94K, expenses of $11K, and assets of $597K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riceville First Foundation Inc:
Data Sources and Methodology
This transparency report for Riceville First 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.