Rippleffect Inc
Rippleffect Inc consistently allocates 100% of officer compensation to programs, demonstrating strong financial health and mission focus.
EIN: 10521260 · Portland, ME · NTEE: G81 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| Net Assets | $1.6M |
| Transparency Score | 95/100 |
Is Rippleffect Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rippleffect Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rippleffect Inc
Rippleffect Inc (EIN: 10521260) is a nonprofit organization based in Portland, ME, classified under NTEE code G81. The organization reported total revenue of $1.3M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rippleffect Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rippleffect Inc is a mid-size nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). 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 | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$53K |
| Total Assets | $2.1M |
| Total Liabilities | $538K |
| Net Assets | $1.6M |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 25.4% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, Rippleffect Inc reported a surplus of $53K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 25.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Rippleffect Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.3% | +55.7% | +8.0% |
| 2022 | -16.3% | +20.3% | +17.8% |
| 2021 | -14.3% | -34.6% | +31.4% |
| 2020 | +20.6% | +14.3% | +1.4% |
| 2019 | -2.0% | +1.9% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Rippleffect Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Rippleffect Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.4%.
Executive Compensation Analysis
Rippleffect Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is an exceptional level of financial transparency and dedication, suggesting that leadership may be volunteer-based or compensated through other means not classified as officer compensation, or that the organization prioritizes direct program spending.
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 Rippleffect Inc:
- Consistent 0% officer compensation reported across all filings, indicating high transparency and mission focus.
- Steady growth in assets from $1,176,418 in 2014 to $2,122,754 in 2023, demonstrating financial stability and capacity.
- Consistent revenue generation, with revenues generally above $900,000 and peaking at $1,447,500 in 2023.
- Expenses closely track revenue, suggesting efficient financial management and responsible resource allocation.
- Manageable liabilities relative to assets, indicating a healthy balance sheet.
Frequently Asked Questions about Rippleffect Inc
Is Rippleffect Inc a legitimate charity?
Rippleffect Inc (EIN: 10521260) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 95/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Rippleffect Inc spend its money?
Rippleffect Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Rippleffect Inc tax-deductible?
Rippleffect Inc is registered as a tax-exempt nonprofit (EIN: 10521260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rippleffect Inc's spending goes to programs?
Rippleffect Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rippleffect Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Rippleffect Inc is above average for NTEE category G81 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rippleffect Inc located?
Rippleffect Inc is headquartered in Portland, Maine and files with the IRS under EIN 10521260. It is classified under NTEE code G81.
How many years of IRS 990 filings does Rippleffect Inc have?
Rippleffect Inc has 12 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 $1.3M in total revenue.
Is Rippleffect Inc a good charity?
Based on the provided IRS 990 data, Rippleffect Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue generation, growing assets, and, most notably, reports 0% officer compensation across all filings, indicating a high dedication to its mission and efficient use of funds.
How has Rippleffect Inc's financial health changed over the past decade?
Rippleffect Inc's financial health has steadily improved over the past decade. Assets have nearly doubled from $1,176,418 in 2014 to $2,122,754 in 2023, and revenues have shown consistent growth, reaching a high of $1,447,500 in 2023, indicating robust financial management and sustainability.
What is Rippleffect Inc's approach to executive compensation?
Rippleffect Inc's approach to executive compensation is highly unusual and commendable, as it consistently reports 0% officer compensation in all available IRS 990 filings. This suggests a strong commitment to directing resources towards its programs rather than executive salaries.
Filing History
IRS 990 filing history for Rippleffect Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Rippleffect Inc's revenue has grown by 84.6%, moving from $784K to $1.4M. Total assets increased by 81.2% over the same period, from $1.2M to $2.1M. Total functional expenses rose by 67.6%, from $832K to $1.4M. In its most recent filing year (2023), Rippleffect Inc reported a surplus of $53K, with revenue exceeding expenses. The organization holds $538K in liabilities against $2.1M in assets (debt-to-asset ratio: 25.4%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $2.1M | $538K | — | View 990 |
| 2022 | $865K | $896K | $2.0M | $420K | — | View 990 |
| 2021 | $1.0M | $744K | $1.7M | $175K | — | View 990 |
| 2020 | $1.2M | $1.1M | $1.3M | $123K | — | View 990 |
| 2019 | $1.0M | $996K | $1.3M | $166K | — | View 990 |
| 2018 | $1.0M | $978K | $1.2M | $125K | — | View 990 |
| 2017 | $1.2M | $1.1M | $1.1M | $124K | — | View 990 |
| 2016 | $944K | $1.1M | $1.1M | $204K | — | View 990 |
| 2015 | $948K | $985K | $1.1M | $103K | — | View 990 |
| 2014 | $919K | $931K | $1.2M | $104K | — | View 990 |
| 2013 | $726K | $797K | $1.1M | $52K | — | View 990 |
| 2012 | $784K | $832K | $1.2M | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $2.1M (revenue +67.3% year-over-year).
- 2022: Revenue of $865K, expenses of $896K, and assets of $2.0M (revenue -16.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $744K, and assets of $1.7M (revenue -14.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +20.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $996K, and assets of $1.3M (revenue -2.0% year-over-year).
- 2018: Revenue of $1.0M, expenses of $978K, and assets of $1.2M (revenue -12.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $1.1M (revenue +23.2% year-over-year).
- 2016: Revenue of $944K, expenses of $1.1M, and assets of $1.1M (revenue -0.5% year-over-year).
- 2015: Revenue of $948K, expenses of $985K, and assets of $1.1M (revenue +3.2% year-over-year).
- 2014: Revenue of $919K, expenses of $931K, and assets of $1.2M (revenue +26.5% year-over-year).
- 2013: Revenue of $726K, expenses of $797K, and assets of $1.1M (revenue -7.3% year-over-year).
- 2012: Revenue of $784K, expenses of $832K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rippleffect Inc:
Data Sources and Methodology
This transparency report for Rippleffect 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.