Rural Education Action Project
Rural Education Action Project: Consistent Growth, High Programmatic Spending, and Strong Financial Health
EIN: 223045871 · Montpelier, VT · NTEE: B95Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $358K |
| Total Expenses | $299K |
| Program Spending | 83% |
| CEO/Top Officer Pay | $4325 |
| Net Assets | $354K |
| Transparency Score | 85/100 |
Is Rural Education Action Project Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rural Education Action Project directs 83% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rural Education Action Project
Rural Education Action Project (EIN: 223045871) is a nonprofit organization based in Montpelier, VT, classified under NTEE code B95Z. The organization reported total revenue of $358K and total assets of $367K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rural Education Action Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rural Education Action Project is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $439K |
| Total Expenses | $299K |
| Surplus / Deficit | +$140K |
| Total Assets | $359K |
| Total Liabilities | $4K |
| Net Assets | $354K |
| Operating Margin | 31.8% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Rural Education Action Project reported a surplus of $140K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rural Education Action Project's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.4% | +6.7% | +64.1% |
| 2022 | +23.7% | +18.4% | +18.3% |
| 2021 | -23.5% | -7.0% | -2.9% |
| 2020 | +13.9% | +3.6% | +33.4% |
| 2019 | +3.9% | +25.9% | +16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
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 Rural Education Action Project 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: 12%
- programs: 83%
- fundraising: 5%
According to IRS 990 filings, Rural Education Action Project allocates its expenses as follows: admin: 12%, programs: 83%, fundraising: 5%. With 83% 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 $140K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Executive compensation is not separately disclosed in the provided data, suggesting it is either minimal or included within administrative expenses, which were $4325 in 2023, representing a very small portion of total expenses.
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.
Strengths
The following positive indicators were identified for Rural Education Action Project:
- Consistently high percentage of spending on programs (83% in 2023).
- Healthy financial position with assets ($358,586) significantly exceeding liabilities ($4325) in 2023.
- Demonstrated revenue growth from $153,987 in 2017 to $438,990 in 2023.
- Low administrative and fundraising costs, indicating efficient operations.
Frequently Asked Questions about Rural Education Action Project
Is Rural Education Action Project a legitimate charity?
Rural Education Action Project (EIN: 223045871) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $358K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Rural Education Action Project spend its money?
Rural Education Action Project directs 83% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rural Education Action Project tax-deductible?
Rural Education Action Project is registered as a tax-exempt nonprofit (EIN: 223045871). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rural Education Action Project CEO make?
Rural Education Action Project's highest-compensated officer earns $4325 annually. The organization reported $358K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rural Education Action Project's spending goes to programs?
Rural Education Action Project directs 83% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rural Education Action Project compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rural Education Action Project is above average for NTEE category B95Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rural Education Action Project located?
Rural Education Action Project is headquartered in Montpelier, Vermont and files with the IRS under EIN 223045871. It is classified under NTEE code B95Z.
How many years of IRS 990 filings does Rural Education Action Project have?
Rural Education Action Project 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 $358K in total revenue.
What does Rural Education Action Project do?
Rural Education Action Project is a nonprofit organization in the Education sector, located in Montpelier, Vermont. It is classified under NTEE code B95Z.
How much revenue does Rural Education Action Project have?
Rural Education Action Project reported total revenue of $357,987. Based on 13 IRS 990 filings on record.
What are Rural Education Action Project's total assets?
Rural Education Action Project holds total assets of $366,504 as reported in IRS 990 filings.
Where is Rural Education Action Project located?
Rural Education Action Project is based in Montpelier, Vermont.
What is Rural Education Action Project's EIN?
Rural Education Action Project's Employer Identification Number (EIN) is 223045871. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rural Education Action Project?
Rural Education Action Project is classified under NTEE code B95Z (Education).
Is Rural Education Action Project a registered 501(c)(3)?
Yes, Rural Education Action Project is recognized as a tax-exempt organization by the IRS. EIN: 223045871.
Does Rural Education Action Project file IRS Form 990?
Yes, Rural Education Action Project has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Rural Education Action Project's revenue in 2023?
In the 202312 filing period, Rural Education Action Project reported total revenue of $438,990, total expenses of $299,188, and net assets of $358,586.
Is Rural Education Action Project's revenue growing or declining?
Rural Education Action Project's revenue is growing. Revenue went from $286,162 (202212) to $438,990 (202312), a +53.4% change. Based on 13 filings on record.
What is Rural Education Action Project's most recent 990 filing?
The most recent IRS Form 990 filing for Rural Education Action Project covers tax period 202312. It shows revenue of $438,990, expenses of $299,188, total assets of $358,586, and liabilities of $4,325.
How much does Rural Education Action Project spend on programs vs administration?
Based on IRS 990 analysis, Rural Education Action Project allocates approximately 83% of expenses to program services, 12% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Rural Education Action Project a trustworthy charity?
Based on AI analysis of IRS 990 data, Rural Education Action Project appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Rural Education Action Project's strengths?
Positive indicators for Rural Education Action Project include: Consistently high percentage of spending on programs (83% in 2023).. Healthy financial position with assets ($358,586) significantly exceeding liabilities ($4325) in 2023.. Demonstrated revenue growth from $153,987 in 2017 to $438,990 in 2023.. Low administrative and fundraising costs, indicating efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Rural Education Action Project compensate executives?
Executive compensation is not separately disclosed in the provided data, suggesting it is either minimal or included within administrative expenses, which were $4325 in 2023, representing a very small portion of total expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Rural Education Action Project?
- 2023 financial filings show total revenue of $438,990 and total expenses of $299,188. - The organization consistently reports 0% lobbying expenses across all available years. - Detailed financial statements are publicly accessible, indicating a commitment to transparency. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has the organization managed to maintain such low administrative and fundraising costs while experiencing significant revenue growth?
The data suggests efficient operational management and potentially a strong volunteer base or in-kind support, as administrative expenses remained relatively stable ($4,325 in 2023) even with substantial revenue increases, indicating effective resource allocation.
What specific programs or initiatives contributed to the substantial increase in expenses from $195,250 in 2018 to $299,188 in 2023, given the high programmatic spending?
While the data confirms high programmatic spending, a deeper dive into program-specific reports would be needed to identify the exact initiatives driving the nearly $100,000 increase in expenses over five years, reflecting expanded reach or new educational projects.
Filing History
IRS 990 filing history for Rural Education Action Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rural Education Action Project's revenue has grown by 160.9%, moving from $168K to $439K. Total assets increased by 10845.8% over the same period, from $3K to $359K. Total functional expenses rose by 60.1%, from $187K to $299K. In its most recent filing year (2023), Rural Education Action Project reported a surplus of $140K, with revenue exceeding expenses. The organization holds $4K in liabilities against $359K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $354K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $439K | $299K | $359K | $4K | — | View 990 |
| 2022 | $286K | $280K | $219K | $4K | — | View 990 |
| 2021 | $231K | $237K | $185K | $4K | — | View 990 |
| 2020 | $302K | $255K | $190K | $4K | — | View 990 |
| 2019 | $265K | $246K | $143K | $4K | — | View 990 |
| 2018 | $255K | $195K | $122K | $3K | — | View 990 |
| 2017 | $154K | $183K | $59K | $4K | — | View 990 |
| 2016 | $206K | $170K | $90K | $5K | — | View 990 |
| 2015 | $225K | $216K | $56K | $7K | — | View 990 |
| 2014 | $183K | $204K | $42K | $3K | — | View 990 |
| 2013 | $207K | $213K | $63K | $3K | — | View 990 |
| 2012 | $226K | $161K | $69K | $2K | — | View 990 |
| 2011 | $168K | $187K | $3K | $500 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $439K, expenses of $299K, and assets of $359K (revenue +53.4% year-over-year).
- 2022: Revenue of $286K, expenses of $280K, and assets of $219K (revenue +23.7% year-over-year).
- 2021: Revenue of $231K, expenses of $237K, and assets of $185K (revenue -23.5% year-over-year).
- 2020: Revenue of $302K, expenses of $255K, and assets of $190K (revenue +13.9% year-over-year).
- 2019: Revenue of $265K, expenses of $246K, and assets of $143K (revenue +3.9% year-over-year).
- 2018: Revenue of $255K, expenses of $195K, and assets of $122K (revenue +65.8% year-over-year).
- 2017: Revenue of $154K, expenses of $183K, and assets of $59K (revenue -25.4% year-over-year).
- 2016: Revenue of $206K, expenses of $170K, and assets of $90K (revenue -8.2% year-over-year).
- 2015: Revenue of $225K, expenses of $216K, and assets of $56K (revenue +22.8% year-over-year).
- 2014: Revenue of $183K, expenses of $204K, and assets of $42K (revenue -11.5% year-over-year).
- 2013: Revenue of $207K, expenses of $213K, and assets of $63K (revenue -8.7% year-over-year).
- 2012: Revenue of $226K, expenses of $161K, and assets of $69K (revenue +34.5% year-over-year).
- 2011: Revenue of $168K, expenses of $187K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rural Education Action Project:
Data Sources and Methodology
This transparency report for Rural Education Action Project 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.