Rpm Foundation
Rpm Foundation shows fluctuating financial health with no reported officer compensation.
EIN: 202102643 · Tacoma, WA · NTEE: A50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $221K |
| Total Expenses | $376K |
| Program Spending | 75% |
| Net Assets | $506K |
| Transparency Score | 70/100 |
Is Rpm Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rpm Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rpm Foundation
Rpm Foundation (EIN: 202102643) is a nonprofit organization based in Tacoma, WA, classified under NTEE code A50. The organization reported total revenue of $221K and total assets of $599K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rpm Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rpm Foundation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $467K |
| Total Expenses | $376K |
| Surplus / Deficit | +$91K |
| Total Assets | $656K |
| Total Liabilities | $150K |
| Net Assets | $506K |
| Operating Margin | 19.4% |
| Debt-to-Asset Ratio | 22.9% |
| Months of Reserves | 20.9 months |
Financial Health Grade: A
In 2023, Rpm Foundation reported a surplus of $91K with revenue exceeding expenses, holds 20.9 months of operating reserves (strong position), has a debt-to-asset ratio of 22.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rpm Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.4% | -19.9% | +10.2% |
| 2022 | -37.7% | +9.2% | -20.6% |
| 2021 | +173.5% | +13.6% | +14.8% |
| 2020 | -78.5% | -49.4% | -23.2% |
| 2019 | -14.3% | -4.5% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Rpm Foundation 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, Rpm Foundation 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 surplus of $91K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.9%.
Executive Compensation Analysis
Rpm Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives, which is highly unusual for an organization of its size and revenue.
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 Rpm Foundation's IRS 990 filings:
- Inconsistent financial performance with significant deficits in multiple years (e.g., -$187,301 in 2022, -$212,928 in 2020).
- Increasing liabilities from $3,732 in 2014 to $150,067 in 2023.
- Decreasing asset base from a peak of $939,165 in 2014 to $656,157 in 2023.
Strengths
The following positive indicators were identified for Rpm Foundation:
- Consistent reporting of 0% officer compensation, indicating no executive salaries.
- Regular and extensive IRS 990 filing history (13 filings), demonstrating transparency.
- Positive net income in the most recent filing (2023: $90,797).
Frequently Asked Questions about Rpm Foundation
Is Rpm Foundation a legitimate charity?
Rpm Foundation (EIN: 202102643) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $221K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Rpm Foundation spend its money?
Rpm Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rpm Foundation tax-deductible?
Rpm Foundation is registered as a tax-exempt nonprofit (EIN: 202102643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rpm Foundation's spending goes to programs?
Rpm Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rpm Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Rpm Foundation is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rpm Foundation located?
Rpm Foundation is headquartered in Tacoma, Washington and files with the IRS under EIN 202102643. It is classified under NTEE code A50.
How many years of IRS 990 filings does Rpm Foundation have?
Rpm Foundation 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 $221K in total revenue.
Is Rpm Foundation financially stable?
Rpm Foundation's financial stability is inconsistent. While it had a positive net income in 2023 ($90,797), it experienced significant deficits in 2022 (-$187,301) and 2020 (-$212,928), suggesting fluctuating revenue streams or expense management challenges.
How does Rpm Foundation manage executive compensation?
Rpm Foundation reports 0% officer compensation in all available filings, meaning no salaries or benefits are paid to its officers, which is a notable practice for a nonprofit.
What is the trend in Rpm Foundation's assets and liabilities?
Rpm Foundation's assets have decreased from a high of $939,165 in 2014 to $656,157 in 2023. Concurrently, liabilities have increased significantly from $3,732 in 2014 to $150,067 in 2023.
How efficient is Rpm Foundation's spending?
Without a detailed functional expense breakdown, it's challenging to precisely determine efficiency. However, the absence of officer compensation suggests a lean approach to executive overhead. Assuming a typical distribution, a 75% program spending ratio would indicate good efficiency.
Filing History
IRS 990 filing history for Rpm Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rpm Foundation's revenue has declined by 33.6%, moving from $704K to $467K. Total assets decreased by 30.4% over the same period, from $943K to $656K. Total functional expenses rose by 7.4%, from $350K to $376K. In its most recent filing year (2023), Rpm Foundation reported a surplus of $91K, with revenue exceeding expenses. The organization holds $150K in liabilities against $656K in assets (debt-to-asset ratio: 22.9%), resulting in net assets of $506K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $467K | $376K | $656K | $150K | — | — |
| 2022 | $282K | $470K | $595K | $180K | — | View 990 |
| 2021 | $453K | $430K | $750K | $147K | — | View 990 |
| 2020 | $166K | $379K | $653K | $74K | — | View 990 |
| 2019 | $770K | $748K | $850K | $58K | — | View 990 |
| 2018 | $899K | $783K | $812K | $42K | — | View 990 |
| 2017 | $595K | $727K | $656K | $27K | — | — |
| 2016 | $578K | $705K | $814K | $25K | — | View 990 |
| 2015 | $552K | $563K | $936K | $12K | — | View 990 |
| 2014 | $666K | $373K | $939K | $4K | — | View 990 |
| 2013 | $293K | $193K | $740K | $96K | — | View 990 |
| 2012 | $311K | $464K | $745K | $201K | — | View 990 |
| 2011 | $704K | $350K | $943K | $247K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $467K, expenses of $376K, and assets of $656K (revenue +65.4% year-over-year).
- 2022: Revenue of $282K, expenses of $470K, and assets of $595K (revenue -37.7% year-over-year).
- 2021: Revenue of $453K, expenses of $430K, and assets of $750K (revenue +173.5% year-over-year).
- 2020: Revenue of $166K, expenses of $379K, and assets of $653K (revenue -78.5% year-over-year).
- 2019: Revenue of $770K, expenses of $748K, and assets of $850K (revenue -14.3% year-over-year).
- 2018: Revenue of $899K, expenses of $783K, and assets of $812K (revenue +51.2% year-over-year).
- 2017: Revenue of $595K, expenses of $727K, and assets of $656K (revenue +2.8% year-over-year).
- 2016: Revenue of $578K, expenses of $705K, and assets of $814K (revenue +4.8% year-over-year).
- 2015: Revenue of $552K, expenses of $563K, and assets of $936K (revenue -17.2% year-over-year).
- 2014: Revenue of $666K, expenses of $373K, and assets of $939K (revenue +127.5% year-over-year).
- 2013: Revenue of $293K, expenses of $193K, and assets of $740K (revenue -5.9% year-over-year).
- 2012: Revenue of $311K, expenses of $464K, and assets of $745K (revenue -55.8% year-over-year).
- 2011: Revenue of $704K, expenses of $350K, and assets of $943K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rpm Foundation:
Data Sources and Methodology
This transparency report for Rpm Foundation 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.