Rio South Texas Education And Community Development Fdn Inc
EIN: 237393210 · Mission, TX · NTEE: B19
| Metric | Value |
|---|---|
| Total Revenue | $19.5M |
| Total Expenses | $2.5M |
| Net Assets | $37.1M |
Is Rio South Texas Education And Community Development Fdn Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rio South Texas Education And Community Development Fdn Inc
Rio South Texas Education And Community Development Fdn Inc (EIN: 237393210) is a nonprofit organization based in Mission, TX, classified under NTEE code B19. The organization reported total revenue of $19.5M and total assets of $44.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rio South Texas Education And Community Development Fdn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rio South Texas Education And Community Development Fdn Inc is a large nonprofit that has been operating for 52 years, with 5 years of IRS 990 filings on record (2018–2022).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -102.4% | -12.4% | -14.9% |
| 2021 | +3279.6% | +200.3% | +7.9% |
| 2020 | +-0.0% | -5.6% | +9.8% |
| 2019 | -16.4% | +116.0% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rio South Texas Education And Community Development Fdn 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 Rio South Texas Education And Community Development Fdn 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 (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Rio South Texas Education And Community Development Fdn Inc
Is Rio South Texas Education And Community Development Fdn Inc a legitimate charity?
Rio South Texas Education And Community Development Fdn Inc (EIN: 237393210) is a registered tax-exempt nonprofit based in Texas. It has 5 years of IRS 990 filings on record. Total revenue: $19.5M. No red flags identified. Financial health grade: B.
How does Rio South Texas Education And Community Development Fdn Inc spend its money?
Rio South Texas Education And Community Development Fdn Inc reported $19.5M in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rio South Texas Education And Community Development Fdn Inc tax-deductible?
Rio South Texas Education And Community Development Fdn Inc is registered as a tax-exempt nonprofit (EIN: 237393210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rio South Texas Education And Community Development Fdn Inc located?
Rio South Texas Education And Community Development Fdn Inc is headquartered in Mission, Texas and files with the IRS under EIN 237393210. It is classified under NTEE code B19.
How many years of IRS 990 filings does Rio South Texas Education And Community Development Fdn Inc have?
Rio South Texas Education And Community Development Fdn Inc has 5 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 $19.5M in total revenue.
Filing History
IRS 990 filing history for Rio South Texas Education And Community Development Fdn Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2022), Rio South Texas Education And Community Development Fdn Inc's revenue has declined by 166.7%, moving from $438K to $-292,244. Total assets increased by 7.8% over the same period, from $34.4M to $37.1M. Total functional expenses rose by 435.8%, from $472K to $2.5M. The organization holds $48K in liabilities against $37.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $37.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $-292,244 | $2.5M | $37.1M | $48K | — | View 990 |
| 2021 | $12.4M | $2.9M | $43.6M | $794K | — | View 990 |
| 2020 | $366K | $962K | $40.4M | $481K | — | — |
| 2019 | $366K | $1.0M | $36.8M | $364K | — | View 990 |
| 2018 | $438K | $472K | $34.4M | $338K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $-292,244, expenses of $2.5M, and assets of $37.1M (revenue -102.4% year-over-year).
- 2021: Revenue of $12.4M, expenses of $2.9M, and assets of $43.6M (revenue +3279.6% year-over-year).
- 2020: Revenue of $366K, expenses of $962K, and assets of $40.4M (revenue +-0.0% year-over-year).
- 2019: Revenue of $366K, expenses of $1.0M, and assets of $36.8M (revenue -16.4% year-over-year).
- 2018: Revenue of $438K, expenses of $472K, and assets of $34.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rio South Texas Education And Community Development Fdn Inc:
Data Sources and Methodology
This transparency report for Rio South Texas Education And Community Development Fdn 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.