Risen Son Foundation Inc
Risen Son Foundation Inc. maintains stable assets despite volatile revenue and expenses, with no reported officer compensation.
EIN: 204446969 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $364K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $4,413,313 |
| Net Assets | $4.5M |
| Transparency Score | 70/100 |
Is Risen Son Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Risen Son Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Risen Son Foundation Inc
Risen Son Foundation Inc (EIN: 204446969) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $2.4M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Risen Son Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Risen Son Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $318K |
| Total Expenses | $364K |
| Surplus / Deficit | $-45,590 |
| Total Assets | $4.5M |
| Total Liabilities | $1 |
| Net Assets | $4.5M |
| Operating Margin | -14.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.9 months |
Financial Health Grade: B
In 2023, Risen Son Foundation Inc reported a deficit of $46K with expenses exceeding revenue, holds 147.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Risen Son Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +372.9% | -13.8% | -1.0% |
| 2022 | -95.9% | +27.3% | -9.1% |
| 2021 | +2440.2% | -19.8% | +21.3% |
| 2020 | -73.1% | -25.5% | -8.0% |
| 2019 | -33.0% | +25.3% | -16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Risen Son Foundation Inc with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Risen Son Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Risen Son Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual for an organization of its asset size ($4,413,313). This suggests either a volunteer-led executive team or that compensation is structured in a way not reported as officer compensation on the 990, or that it operates primarily as a grant-making entity with minimal internal staffing.
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 Risen Son Foundation Inc's IRS 990 filings:
- Significant revenue volatility year-over-year (e.g., $1,629,156 in 2021 vs. $67,297 in 2022).
- Expenses frequently exceed revenue, potentially drawing down assets if not offset by other gains (e.g., 2023, 2022, 2020, 2019, 2015, 2013).
- Lack of detailed expense breakdown makes it difficult to assess program efficiency and administrative overhead.
Strengths
The following positive indicators were identified for Risen Son Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating no executive salaries.
- Strong and stable asset base, consistently above $4 million, providing financial resilience.
- Minimal to zero reported liabilities across all filing periods, indicating sound debt management.
Frequently Asked Questions about Risen Son Foundation Inc
Is Risen Son Foundation Inc a legitimate charity?
Risen Son Foundation Inc (EIN: 204446969) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.4M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Risen Son Foundation Inc spend its money?
Risen Son Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Risen Son Foundation Inc tax-deductible?
Risen Son Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204446969). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Risen Son Foundation Inc CEO make?
Risen Son Foundation Inc's highest-compensated officer earns $4,413,313 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Risen Son Foundation Inc's spending goes to programs?
Risen Son Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Risen Son Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Risen Son Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Risen Son Foundation Inc located?
Risen Son Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 204446969. It is classified under NTEE code T22.
How many years of IRS 990 filings does Risen Son Foundation Inc have?
Risen Son 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 $2.4M in total revenue.
Is Risen Son Foundation Inc. a good charity?
Based on the available data, Risen Son Foundation Inc. exhibits strong financial stability with substantial assets and no reported officer compensation, which are positive indicators. However, without detailed expense breakdowns, it's challenging to fully assess its program efficiency and impact. The consistent reporting of zero liabilities is also a strength.
How does Risen Son Foundation Inc. manage its expenses given fluctuating revenue?
The organization has experienced periods where expenses significantly exceeded revenue, such as in 2022 where expenses were $421,846 against only $67,297 in revenue. Despite this, its asset base has remained relatively stable, suggesting it draws from reserves during lean years or benefits from non-revenue asset growth. The lack of liabilities indicates prudent financial management in terms of debt.
What is the primary purpose of Risen Son Foundation Inc. given its financial structure?
With substantial assets and no reported officer compensation, it's plausible that Risen Son Foundation Inc. operates primarily as a grant-making foundation, distributing funds to other organizations rather than directly running extensive programs that would incur significant operational and staffing costs. The NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations) supports this interpretation.
Filing History
IRS 990 filing history for Risen Son Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Risen Son Foundation Inc's revenue has declined by 81.7%, moving from $1.7M to $318K. Total assets increased by 2.2% over the same period, from $4.4M to $4.5M. Total functional expenses fell by 43.2%, from $641K to $364K. In its most recent filing year (2023), Risen Son Foundation Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $318K | $364K | $4.5M | $1 | — | — |
| 2022 | $67K | $422K | $4.5M | $1 | — | View 990 |
| 2021 | $1.6M | $331K | $5.0M | $1 | — | View 990 |
| 2020 | $64K | $413K | $4.1M | $1 | — | View 990 |
| 2019 | $238K | $555K | $4.5M | $0 | — | View 990 |
| 2015 | $356K | $443K | $5.3M | $2K | — | View 990 |
| 2014 | $742K | $465K | $6.4M | $3K | — | View 990 |
| 2013 | $327K | $563K | $6.1M | $1K | — | View 990 |
| 2012 | $1.4M | $443K | $5.8M | $3K | — | View 990 |
| 2011 | $1.7M | $641K | $4.4M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $318K, expenses of $364K, and assets of $4.5M (revenue +372.9% year-over-year).
- 2022: Revenue of $67K, expenses of $422K, and assets of $4.5M (revenue -95.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $331K, and assets of $5.0M (revenue +2440.2% year-over-year).
- 2020: Revenue of $64K, expenses of $413K, and assets of $4.1M (revenue -73.1% year-over-year).
- 2019: Revenue of $238K, expenses of $555K, and assets of $4.5M (revenue -33.0% year-over-year).
- 2015: Revenue of $356K, expenses of $443K, and assets of $5.3M (revenue -52.1% year-over-year).
- 2014: Revenue of $742K, expenses of $465K, and assets of $6.4M (revenue +127.0% year-over-year).
- 2013: Revenue of $327K, expenses of $563K, and assets of $6.1M (revenue -76.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $443K, and assets of $5.8M (revenue -20.3% year-over-year).
- 2011: Revenue of $1.7M, expenses of $641K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Risen Son Foundation Inc:
Data Sources and Methodology
This transparency report for Risen Son 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.