Richland Number 44 School Foundation
EIN: 842368359 · Colfax, ND · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $6.0M |
| Total Expenses | $604K |
| Net Assets | $5.3M |
Is Richland Number 44 School Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Richland Number 44 School Foundation
Richland Number 44 School Foundation (EIN: 842368359) is a nonprofit organization based in Colfax, ND, classified under NTEE code B82. The organization reported total revenue of $6.0M and total assets of $11.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richland Number 44 School Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richland Number 44 School Foundation is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $534K |
| Total Expenses | $604K |
| Surplus / Deficit | $-69,628 |
| Total Assets | $5.7M |
| Total Liabilities | $390K |
| Net Assets | $5.3M |
| Operating Margin | -13.0% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 113.8 months |
Financial Health Grade: B
In 2023, Richland Number 44 School Foundation reported a deficit of $70K with expenses exceeding revenue, holds 113.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -84.2% | +176.4% | +11.0% |
| 2022 | +38.3% | +12.8% | +124.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Richland Number 44 School Foundation 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 Richland Number 44 School Foundation 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 $70K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Frequently Asked Questions about Richland Number 44 School Foundation
Is Richland Number 44 School Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Richland Number 44 School Foundation (EIN: 842368359) insufficient data. 0 red flags identified, 0 strengths noted.
How does Richland Number 44 School Foundation spend its money?
Detailed spending breakdown data is not yet available for Richland Number 44 School Foundation. Check back for updated IRS 990 analysis.
Are donations to Richland Number 44 School Foundation tax-deductible?
Richland Number 44 School Foundation is registered as a tax-exempt nonprofit (EIN: 842368359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Richland Number 44 School Foundation located?
Richland Number 44 School Foundation is headquartered in Colfax, North Dakota and files with the IRS under EIN 842368359. It is classified under NTEE code B82.
How many years of IRS 990 filings does Richland Number 44 School Foundation have?
Richland Number 44 School Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $6.0M in total revenue.
Filing History
IRS 990 filing history for Richland Number 44 School Foundation showing financial trends over 4 years of public records:
Total assets increased by 572445300% over the same period, from $1 to $5.7M. In its most recent filing year (2023), Richland Number 44 School Foundation reported a deficit of $70K, with expenses exceeding revenue. The organization holds $390K in liabilities against $5.7M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $534K | $604K | $5.7M | $390K | — | — |
| 2022 | $3.4M | $218K | $5.2M | $0 | — | View 990 |
| 2021 | $2.4M | $194K | $2.3M | $9K | — | View 990 |
| 2020 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $534K, expenses of $604K, and assets of $5.7M (revenue -84.2% year-over-year).
- 2022: Revenue of $3.4M, expenses of $218K, and assets of $5.2M (revenue +38.3% year-over-year).
- 2021: Revenue of $2.4M, expenses of $194K, and assets of $2.3M.
- 2020: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richland Number 44 School Foundation:
Data Sources and Methodology
This transparency report for Richland Number 44 School 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.