Rjkb Family Charitable Foundationinc
Rjkb Family Charitable Foundationinc maintains substantial assets despite fluctuating revenues and consistent deficit spending in recent years.
EIN: 205161254 · Coral Gables, FL · NTEE: T20 · Updated: 2026-03-28
Is Rjkb Family Charitable Foundationinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rjkb Family Charitable Foundationinc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rjkb Family Charitable Foundationinc
Rjkb Family Charitable Foundationinc (EIN: 205161254) is a nonprofit organization based in Coral Gables, FL, classified under NTEE code T20. The organization reported total revenue of $2.9M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rjkb Family Charitable Foundationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rjkb Family Charitable Foundationinc with a Mission Score of 75 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Rjkb Family Charitable Foundationinc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees. This is a strong positive for a foundation of its size, with assets over $14 million.
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 Rjkb Family Charitable Foundationinc's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $1.87M vs. revenue $1.33M; 2022 expenses $2.13M vs. revenue $0.5M), potentially drawing down assets if not offset by investment gains.
Strengths
The following positive indicators were identified for Rjkb Family Charitable Foundationinc:
- Substantial and stable asset base ($14,056,723 currently) providing long-term financial security.
- 0% officer compensation reported across all filings, indicating highly efficient use of funds at the executive level.
- Extensive filing history (10 filings) demonstrating consistent transparency and compliance with IRS reporting requirements.
Frequently Asked Questions about Rjkb Family Charitable Foundationinc
Is Rjkb Family Charitable Foundationinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rjkb Family Charitable Foundationinc (EIN: 205161254) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Rjkb Family Charitable Foundationinc spend its money?
Rjkb Family Charitable Foundationinc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rjkb Family Charitable Foundationinc tax-deductible?
Rjkb Family Charitable Foundationinc is registered as a tax-exempt nonprofit (EIN: 205161254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Rjkb Family Charitable Foundationinc financially stable?
While the foundation has a substantial asset base of $14,056,723, it has frequently reported expenses exceeding revenue, such as in 2023 ($1,874,006 expenses vs. $1,332,172 revenue) and 2022 ($2,139,507 expenses vs. $504,572 revenue). This deficit spending, if sustained without sufficient investment returns, could impact long-term stability, though its large asset base provides a buffer.
How does Rjkb Family Charitable Foundationinc manage its executive compensation?
The Rjkb Family Charitable Foundationinc reports 0% officer compensation across all available filings, meaning no salaries or other compensation are paid to its executives or key employees. This is a highly efficient approach to executive compensation.
What is the trend in the foundation's assets?
The foundation's assets have fluctuated over the years, peaking at $17,972,592 in 2021 and currently standing at $14,056,723. While there has been a decrease from its peak, the asset base remains substantial and generally stable over the long term, ranging from $13.3 million to $17.9 million.
Filing History
IRS 990 filing history for Rjkb Family Charitable Foundationinc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rjkb Family Charitable Foundationinc's revenue has grown by 10.1%, moving from $1.2M to $1.3M. Total assets decreased by 6.4% over the same period, from $14.8M to $13.9M. Total functional expenses rose by 108.4%, from $899K to $1.9M. In its most recent filing year (2023), Rjkb Family Charitable Foundationinc reported a deficit of $542K, with expenses exceeding revenue. The organization holds $50K in liabilities against $13.9M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.9M | $13.9M | $50K | — | View 990 |
| 2022 | $505K | $2.1M | $13.3M | $1 | — | View 990 |
| 2021 | $3.4M | $2.1M | $18.0M | $1 | — | View 990 |
| 2020 | $1.9M | $2.0M | $17.5M | $1 | — | View 990 |
| 2019 | $1.5M | $1.6M | $16.2M | $1 | — | View 990 |
| 2015 | $917K | $1.9M | $15.9M | $1 | — | View 990 |
| 2014 | $645K | $1.4M | $17.7M | $0 | — | View 990 |
| 2013 | $1.1M | $1.3M | $17.8M | $0 | — | View 990 |
| 2012 | $1.5M | $1.1M | $16.8M | $200K | — | View 990 |
| 2011 | $1.2M | $899K | $14.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.9M, and assets of $13.9M (revenue +164.0% year-over-year).
- 2022: Revenue of $505K, expenses of $2.1M, and assets of $13.3M (revenue -85.0% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.1M, and assets of $18.0M (revenue +77.3% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.0M, and assets of $17.5M (revenue +23.4% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.6M, and assets of $16.2M (revenue +67.2% year-over-year).
- 2015: Revenue of $917K, expenses of $1.9M, and assets of $15.9M (revenue +42.3% year-over-year).
- 2014: Revenue of $645K, expenses of $1.4M, and assets of $17.7M (revenue -39.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.3M, and assets of $17.8M (revenue -29.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.1M, and assets of $16.8M (revenue +25.2% year-over-year).
- 2011: Revenue of $1.2M, expenses of $899K, and assets of $14.8M.
Data Sources and Methodology
This transparency report for Rjkb Family Charitable Foundationinc 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.