Rumi Forum Inc
EIN: 510398531 · Washington, DC · NTEE: X90
| Metric | Value |
|---|---|
| Total Revenue | $498K |
| Total Expenses | $445K |
| Net Assets | $-147,960 |
Is Rumi Forum Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rumi Forum Inc
Rumi Forum Inc (EIN: 510398531) is a nonprofit organization based in Washington, DC, classified under NTEE code X90. The organization reported total revenue of $498K and total assets of $70K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rumi Forum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rumi Forum Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $402K |
| Total Expenses | $445K |
| Surplus / Deficit | $-42,853 |
| Total Assets | $15K |
| Total Liabilities | $163K |
| Net Assets | $-147,960 |
| Operating Margin | -10.7% |
| Debt-to-Asset Ratio | 1058.6% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Rumi Forum Inc reported a deficit of $43K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 1058.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rumi Forum Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.0% | +29.9% | -66.1% |
| 2022 | +44.9% | +60.1% | +47.9% |
| 2021 | +52.4% | +35.1% | +386.5% |
| 2020 | -17.9% | -28.0% | +43.0% |
| 2019 | -36.9% | -44.6% | -85.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rumi Forum Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rumi Forum Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1058.6%.
Frequently Asked Questions about Rumi Forum Inc
Is Rumi Forum Inc a legitimate charity?
Rumi Forum Inc (EIN: 510398531) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $498K. No red flags identified. Financial health grade: D.
How does Rumi Forum Inc spend its money?
Rumi Forum Inc reported $498K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rumi Forum Inc tax-deductible?
Rumi Forum Inc is registered as a tax-exempt nonprofit (EIN: 510398531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rumi Forum Inc located?
Rumi Forum Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 510398531. It is classified under NTEE code X90.
How many years of IRS 990 filings does Rumi Forum Inc have?
Rumi Forum Inc 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 $498K in total revenue.
Filing History
IRS 990 filing history for Rumi Forum Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rumi Forum Inc's revenue has grown by 41.3%, moving from $284K to $402K. Total assets decreased by 82.3% over the same period, from $87K to $15K. Total functional expenses rose by 73.4%, from $256K to $445K. In its most recent filing year (2023), Rumi Forum Inc reported a deficit of $43K, with expenses exceeding revenue. The organization holds $163K in liabilities against $15K in assets (debt-to-asset ratio: 1058.6%), resulting in net assets of $-147,960.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $402K | $445K | $15K | $163K | — | — |
| 2022 | $352K | $342K | $45K | $151K | — | View 990 |
| 2021 | $243K | $214K | $31K | $148K | — | View 990 |
| 2020 | $160K | $158K | $6K | $148K | — | — |
| 2019 | $194K | $220K | $4K | $148K | — | View 990 |
| 2018 | $308K | $397K | $30K | $148K | — | View 990 |
| 2017 | $346K | $308K | $8K | $110K | — | View 990 |
| 2016 | $266K | $251K | $3K | $144K | — | View 990 |
| 2015 | $695K | $849K | $25K | $181K | — | View 990 |
| 2014 | $380K | $465K | $26K | $27K | — | View 990 |
| 2013 | $367K | $365K | $114K | $30K | — | View 990 |
| 2012 | $348K | $317K | $117K | $35K | — | View 990 |
| 2011 | $284K | $256K | $87K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $402K, expenses of $445K, and assets of $15K (revenue +14.0% year-over-year).
- 2022: Revenue of $352K, expenses of $342K, and assets of $45K (revenue +44.9% year-over-year).
- 2021: Revenue of $243K, expenses of $214K, and assets of $31K (revenue +52.4% year-over-year).
- 2020: Revenue of $160K, expenses of $158K, and assets of $6K (revenue -17.9% year-over-year).
- 2019: Revenue of $194K, expenses of $220K, and assets of $4K (revenue -36.9% year-over-year).
- 2018: Revenue of $308K, expenses of $397K, and assets of $30K (revenue -10.9% year-over-year).
- 2017: Revenue of $346K, expenses of $308K, and assets of $8K (revenue +30.2% year-over-year).
- 2016: Revenue of $266K, expenses of $251K, and assets of $3K (revenue -61.7% year-over-year).
- 2015: Revenue of $695K, expenses of $849K, and assets of $25K (revenue +83.1% year-over-year).
- 2014: Revenue of $380K, expenses of $465K, and assets of $26K (revenue +3.5% year-over-year).
- 2013: Revenue of $367K, expenses of $365K, and assets of $114K (revenue +5.5% year-over-year).
- 2012: Revenue of $348K, expenses of $317K, and assets of $117K (revenue +22.3% year-over-year).
- 2011: Revenue of $284K, expenses of $256K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rumi Forum Inc:
Data Sources and Methodology
This transparency report for Rumi Forum 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.