Rural Development Fund
EIN: 844161380 · Cheyenne, WY · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $671K |
| Total Expenses | $219K |
| Net Assets | $4.2M |
Is Rural Development Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rural Development Fund
Rural Development Fund (EIN: 844161380) is a nonprofit organization based in Cheyenne, WY, classified under NTEE code S31. The organization reported total revenue of $671K and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rural Development Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rural Development Fund is a small nonprofit that has been operating for 3 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 521.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $219K |
| Surplus / Deficit | +$1.7M |
| Total Assets | $4.5M |
| Total Liabilities | $351K |
| Net Assets | $4.2M |
| Operating Margin | 88.4% |
| Debt-to-Asset Ratio | 7.7% |
| Months of Reserves | 248.9 months |
Financial Health Grade: A
In 2023, Rural Development Fund reported a surplus of $1.7M with revenue exceeding expenses, holds 248.9 months of operating reserves (strong position), has a debt-to-asset ratio of 7.7% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Rural Development Fund's revenue has grown at a compound annual growth rate (CAGR) of 521.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1090.3% | +39.6% | +43.9% |
| 2022 | +224.0% | +158071.7% | +42.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rural Development Fund 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 Rural Development Fund 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 surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.7%.
Frequently Asked Questions about Rural Development Fund
Is Rural Development Fund a legitimate charity?
Rural Development Fund (EIN: 844161380) is a registered tax-exempt nonprofit based in Wyoming. It has 3 years of IRS 990 filings on record. Total revenue: $671K. No red flags identified. Financial health grade: A.
How does Rural Development Fund spend its money?
Rural Development Fund reported $671K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rural Development Fund tax-deductible?
Rural Development Fund is registered as a tax-exempt nonprofit (EIN: 844161380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rural Development Fund located?
Rural Development Fund is headquartered in Cheyenne, Wyoming and files with the IRS under EIN 844161380. It is classified under NTEE code S31.
How many years of IRS 990 filings does Rural Development Fund have?
Rural Development Fund has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $671K in total revenue.
Filing History
IRS 990 filing history for Rural Development Fund showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Rural Development Fund's revenue has grown by 3756.8%, moving from $49K to $1.9M. Total assets increased by 105% over the same period, from $2.2M to $4.5M. Total functional expenses rose by 220730.3%, from $99 to $219K. In its most recent filing year (2023), Rural Development Fund reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $351K in liabilities against $4.5M in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $219K | $4.5M | $351K | — | — |
| 2022 | $158K | $157K | $3.2M | $2.5M | — | View 990 |
| 2021 | $49K | $99 | $2.2M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $219K, and assets of $4.5M (revenue +1090.3% year-over-year).
- 2022: Revenue of $158K, expenses of $157K, and assets of $3.2M (revenue +224.0% year-over-year).
- 2021: Revenue of $49K, expenses of $99, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rural Development Fund:
Data Sources and Methodology
This transparency report for Rural Development Fund 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.