Risk Red
Risk Red shows strong program spending efficiency but inconsistent revenue streams.
EIN: 204817165 · Henderson, NV · NTEE: M20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $240K |
| Program Spending | 90% |
| Net Assets | $78K |
| Transparency Score | 85/100 |
Is Risk Red Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Risk Red directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Risk Red
Risk Red (EIN: 204817165) is a nonprofit organization based in Henderson, NV, classified under NTEE code M20. The organization reported total revenue of $83K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Risk Red's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Risk Red is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $269K |
| Total Expenses | $240K |
| Surplus / Deficit | +$29K |
| Total Assets | $78K |
| Net Assets | $78K |
| Operating Margin | 10.9% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2023, Risk Red reported a surplus of $29K with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Risk Red's revenue has grown at a compound annual growth rate (CAGR) of 27.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | +14.6% | -25.1% |
| 2021 | -66.9% | -61.1% | +2.6% |
| 2020 | -6.8% | -32.5% | +21.9% |
| 2019 | +38.1% | +83.4% | -5.0% |
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 Risk Red with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Risk Red allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $29K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-salary means, which is highly efficient for an organization of its size.
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 Risk Red's IRS 990 filings:
- Significant revenue volatility, including $0 reported in 2022.
- Lack of detailed breakdown for program vs. administrative expenses in provided data, though 0% officer comp is positive.
Strengths
The following positive indicators were identified for Risk Red:
- Consistent 0% officer compensation, indicating high efficiency in resource allocation.
- No reported liabilities across all available filings, demonstrating strong financial management.
- Significant revenue growth in 2023 ($269,041) compared to previous years, suggesting renewed fundraising success.
- Assets have remained relatively stable, indicating a consistent financial base.
Frequently Asked Questions about Risk Red
Is Risk Red a legitimate charity?
Risk Red (EIN: 204817165) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $83K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Risk Red spend its money?
Risk Red directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Risk Red tax-deductible?
Risk Red is registered as a tax-exempt nonprofit (EIN: 204817165). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Risk Red compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Risk Red is above average for NTEE category M20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Risk Red located?
Risk Red is headquartered in Henderson, Nevada and files with the IRS under EIN 204817165. It is classified under NTEE code M20.
How many years of IRS 990 filings does Risk Red have?
Risk Red has 13 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 $83K in total revenue.
Why did Risk Red report $0 in revenue in 2022?
The 2022 filing shows $0 in revenue, which is a significant anomaly compared to other years. This could indicate a reporting error, a year with no fundraising activities, or a delay in recognizing revenue.
How does Risk Red sustain operations with 0% officer compensation?
The consistent 0% officer compensation suggests that Risk Red is likely run by volunteers or that executive roles are compensated through non-salary benefits, allowing more funds to be directed to programs.
What is the primary source of Risk Red's revenue, given its fluctuations?
The revenue figures fluctuate significantly, from $0 to over $269,000. Understanding the primary sources (e.g., grants, individual donations, events) would provide insight into the stability and predictability of their funding.
Filing History
IRS 990 filing history for Risk Red showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Risk Red's revenue has grown by 1788%, moving from $14K to $269K. Total assets increased by 27% over the same period, from $62K to $78K. Total functional expenses rose by 185.1%, from $84K to $240K. In its most recent filing year (2023), Risk Red reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $269K | $240K | $78K | $0 | — | View 990 |
| 2022 | $0 | $16K | $49K | $0 | — | View 990 |
| 2021 | $16K | $14K | $65K | $0 | — | View 990 |
| 2020 | $48K | $37K | $64K | $0 | — | View 990 |
| 2019 | $52K | $54K | $52K | $0 | — | View 990 |
| 2018 | $37K | $30K | $55K | $0 | — | View 990 |
| 2017 | $55K | $85K | $48K | $930 | — | View 990 |
| 2016 | $35K | $21K | $83K | $6K | — | View 990 |
| 2015 | $46K | $64K | $69K | $6K | — | View 990 |
| 2014 | $48K | $25K | $85K | $3K | — | View 990 |
| 2013 | $68K | $53K | $59K | $0 | — | View 990 |
| 2012 | $0 | $16K | $32K | $0 | — | View 990 |
| 2011 | $14K | $84K | $62K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $269K, expenses of $240K, and assets of $78K.
- 2022: Revenue of $0, expenses of $16K, and assets of $49K (revenue -100.0% year-over-year).
- 2021: Revenue of $16K, expenses of $14K, and assets of $65K (revenue -66.9% year-over-year).
- 2020: Revenue of $48K, expenses of $37K, and assets of $64K (revenue -6.8% year-over-year).
- 2019: Revenue of $52K, expenses of $54K, and assets of $52K (revenue +38.1% year-over-year).
- 2018: Revenue of $37K, expenses of $30K, and assets of $55K (revenue -31.9% year-over-year).
- 2017: Revenue of $55K, expenses of $85K, and assets of $48K (revenue +57.0% year-over-year).
- 2016: Revenue of $35K, expenses of $21K, and assets of $83K (revenue -23.3% year-over-year).
- 2015: Revenue of $46K, expenses of $64K, and assets of $69K (revenue -4.9% year-over-year).
- 2014: Revenue of $48K, expenses of $25K, and assets of $85K (revenue -28.9% year-over-year).
- 2013: Revenue of $68K, expenses of $53K, and assets of $59K.
- 2012: Revenue of $0, expenses of $16K, and assets of $32K (revenue -100.0% year-over-year).
- 2011: Revenue of $14K, expenses of $84K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Risk Red:
Data Sources and Methodology
This transparency report for Risk Red 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.