Russell Development Inc
EIN: 311755598 · Russell, KS · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $752K |
| Total Expenses | $4K |
| Net Assets | $1.1M |
Is Russell Development Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Russell Development Inc
Russell Development Inc (EIN: 311755598) is a nonprofit organization based in Russell, KS, classified under NTEE code S20. The organization reported total revenue of $752K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Russell Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Russell Development Inc is a small nonprofit that has been operating for 25 years, with 3 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 47.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $835K |
| Total Expenses | $4K |
| Surplus / Deficit | +$831K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 99.6% |
| Months of Reserves | 3813.9 months |
Financial Health Grade: A
In 2023, Russell Development Inc reported a surplus of $831K with revenue exceeding expenses, holds 3813.9 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2019–2023), Russell Development Inc's revenue has grown at a compound annual growth rate (CAGR) of 47.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +415.7% | -94.5% | +274.1% |
| 2022 | -9.3% | +1469.9% | +48.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Russell Development 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 Russell Development 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 surplus of $831K, with revenue exceeding expenses.
Frequently Asked Questions about Russell Development Inc
Is Russell Development Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Russell Development Inc (EIN: 311755598) insufficient data. 0 red flags identified, 0 strengths noted.
How does Russell Development Inc spend its money?
Detailed spending breakdown data is not yet available for Russell Development Inc. Check back for updated IRS 990 analysis.
Are donations to Russell Development Inc tax-deductible?
Russell Development Inc is registered as a tax-exempt nonprofit (EIN: 311755598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Russell Development Inc located?
Russell Development Inc is headquartered in Russell, Kansas and files with the IRS under EIN 311755598. It is classified under NTEE code S20.
How many years of IRS 990 filings does Russell Development Inc have?
Russell Development Inc 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 $752K in total revenue.
Filing History
IRS 990 filing history for Russell Development Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2023), Russell Development Inc's revenue has grown by 367.8%, moving from $178K to $835K. Total assets increased by 455.9% over the same period, from $204K to $1.1M. Total functional expenses fell by 13.6%, from $4K to $4K. In its most recent filing year (2023), Russell Development Inc reported a surplus of $831K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $835K | $4K | $1.1M | $0 | — | View 990 |
| 2022 | $162K | $65K | $303K | $0 | — | View 990 |
| 2019 | $178K | $4K | $204K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $835K, expenses of $4K, and assets of $1.1M (revenue +415.7% year-over-year).
- 2022: Revenue of $162K, expenses of $65K, and assets of $303K (revenue -9.3% year-over-year).
- 2019: Revenue of $178K, expenses of $4K, and assets of $204K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Russell Development Inc:
Data Sources and Methodology
This transparency report for Russell Development 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.