Richard Allen Improvement And Development Organization
Richard Allen Improvement And Development Organization maintains consistent revenue but shows a decade-long decline in assets.
EIN: 203540878 · Philadelphia, PA · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $558K |
| Total Expenses | $387K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $427K |
| Transparency Score | 75/100 |
Is Richard Allen Improvement And Development Organization Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Richard Allen Improvement And Development Organization directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Richard Allen Improvement And Development Organization
Richard Allen Improvement And Development Organization (EIN: 203540878) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B112. The organization reported total revenue of $558K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard Allen Improvement And Development Organization's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard Allen Improvement And Development Organization is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $527K |
| Total Expenses | $387K |
| Surplus / Deficit | +$140K |
| Total Assets | $4.9M |
| Total Liabilities | $4.4M |
| Net Assets | $427K |
| Operating Margin | 26.6% |
| Debt-to-Asset Ratio | 91.2% |
| Months of Reserves | 151.1 months |
Financial Health Grade: A
In 2023, Richard Allen Improvement And Development Organization reported a surplus of $140K with revenue exceeding expenses, holds 151.1 months of operating reserves (strong position), has a debt-to-asset ratio of 91.2% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Richard Allen Improvement And Development Organization's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | -3.9% | -2.4% |
| 2022 | +0.6% | -2.2% | -3.0% |
| 2021 | -3.0% | -6.4% | -2.9% |
| 2020 | -1.2% | +4.9% | -2.6% |
| 2019 | +2.4% | -3.0% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Richard Allen Improvement And Development Organization 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Richard Allen Improvement And Development Organization 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 $140K, with revenue exceeding expenses.
- Debt-to-asset ratio: 91.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization with annual revenues around $500,000.
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 Richard Allen Improvement And Development Organization's IRS 990 filings:
- Consistent decline in total assets over a decade (from $6.22M in 2014 to $4.77M in 2023)
- Liabilities sometimes exceeded assets in earlier periods (e.g., 2018, 2017, 2016), indicating potential financial strain.
Strengths
The following positive indicators were identified for Richard Allen Improvement And Development Organization:
- Consistent positive net income in recent years (e.g., $526,951 revenue vs. $386,665 expenses in 2023).
- 0% reported officer compensation across all filings, indicating highly efficient executive overhead.
- Long history of IRS 990 filings (14 periods), demonstrating transparency and compliance.
- Stable annual revenue stream around $500,000.
Frequently Asked Questions about Richard Allen Improvement And Development Organization
Is Richard Allen Improvement And Development Organization a legitimate charity?
Richard Allen Improvement And Development Organization (EIN: 203540878) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $558K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Richard Allen Improvement And Development Organization spend its money?
Richard Allen Improvement And Development Organization directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Richard Allen Improvement And Development Organization tax-deductible?
Richard Allen Improvement And Development Organization is registered as a tax-exempt nonprofit (EIN: 203540878). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Richard Allen Improvement And Development Organization CEO make?
Richard Allen Improvement And Development Organization's highest-compensated officer earns $500,000. annually. The organization reported $558K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Richard Allen Improvement And Development Organization's spending goes to programs?
Richard Allen Improvement And Development Organization directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Richard Allen Improvement And Development Organization compare to similar nonprofits?
With a transparency score of 75/100 (Good), Richard Allen Improvement And Development Organization is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Richard Allen Improvement And Development Organization located?
Richard Allen Improvement And Development Organization is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 203540878. It is classified under NTEE code B112.
How many years of IRS 990 filings does Richard Allen Improvement And Development Organization have?
Richard Allen Improvement And Development Organization has 14 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 $558K in total revenue.
Why have the organization's assets steadily declined from $6.22 million in 2014 to $4.77 million in 2023?
The provided data shows a consistent decrease in total assets over the past decade. This could be due to depreciation of fixed assets, strategic asset divestment, or using reserves to cover operational costs in prior years when expenses sometimes exceeded revenue (e.g., 2017 and 2016).
What is the specific breakdown of program vs. administrative expenses?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. Further analysis of the full IRS Form 990 would be required to determine these specific ratios.
How does the organization manage to operate with 0% reported officer compensation?
The consistent 0% officer compensation suggests that the organization is either entirely volunteer-led at the executive level, or that executive services are provided pro bono, or compensated through other means not classified as officer compensation on the 990, which is a significant cost-saving measure.
Filing History
IRS 990 filing history for Richard Allen Improvement And Development Organization showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Richard Allen Improvement And Development Organization's revenue has grown by 7.1%, moving from $492K to $527K. Total assets decreased by 29.9% over the same period, from $6.9M to $4.9M. Total functional expenses fell by 21.9%, from $495K to $387K. In its most recent filing year (2023), Richard Allen Improvement And Development Organization reported a surplus of $140K, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $4.9M in assets (debt-to-asset ratio: 91.2%), resulting in net assets of $427K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $527K | $387K | $4.9M | $4.4M | — | — |
| 2022 | $491K | $403K | $5.0M | $4.7M | — | View 990 |
| 2021 | $488K | $412K | $5.1M | $4.9M | — | View 990 |
| 2020 | $503K | $440K | $5.3M | $5.2M | — | View 990 |
| 2019 | $509K | $419K | $5.4M | $5.4M | — | View 990 |
| 2018 | $497K | $433K | $5.6M | $5.6M | — | View 990 |
| 2017 | $492K | $564K | $5.7M | $5.8M | — | View 990 |
| 2016 | $492K | $514K | $5.9M | $5.9M | — | View 990 |
| 2015 | $489K | $458K | $6.1M | $6.1M | — | View 990 |
| 2014 | $488K | $471K | $6.2M | $6.3M | — | View 990 |
| 2013 | $480K | $469K | $6.4M | $6.4M | — | View 990 |
| 2012 | $488K | $486K | $6.5M | $6.6M | — | View 990 |
| 2011 | $541K | $493K | $6.8M | $6.9M | — | View 990 |
| 2010 | $492K | $495K | $6.9M | $7.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $527K, expenses of $387K, and assets of $4.9M (revenue +7.4% year-over-year).
- 2022: Revenue of $491K, expenses of $403K, and assets of $5.0M (revenue +0.6% year-over-year).
- 2021: Revenue of $488K, expenses of $412K, and assets of $5.1M (revenue -3.0% year-over-year).
- 2020: Revenue of $503K, expenses of $440K, and assets of $5.3M (revenue -1.2% year-over-year).
- 2019: Revenue of $509K, expenses of $419K, and assets of $5.4M (revenue +2.4% year-over-year).
- 2018: Revenue of $497K, expenses of $433K, and assets of $5.6M (revenue +1.1% year-over-year).
- 2017: Revenue of $492K, expenses of $564K, and assets of $5.7M (revenue -0.1% year-over-year).
- 2016: Revenue of $492K, expenses of $514K, and assets of $5.9M (revenue +0.8% year-over-year).
- 2015: Revenue of $489K, expenses of $458K, and assets of $6.1M (revenue +0.2% year-over-year).
- 2014: Revenue of $488K, expenses of $471K, and assets of $6.2M (revenue +1.6% year-over-year).
- 2013: Revenue of $480K, expenses of $469K, and assets of $6.4M (revenue -1.6% year-over-year).
- 2012: Revenue of $488K, expenses of $486K, and assets of $6.5M (revenue -9.8% year-over-year).
- 2011: Revenue of $541K, expenses of $493K, and assets of $6.8M (revenue +10.1% year-over-year).
- 2010: Revenue of $492K, expenses of $495K, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard Allen Improvement And Development Organization:
Data Sources and Methodology
This transparency report for Richard Allen Improvement And Development Organization 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.