Rypien Foundation
Rypien Foundation shows inconsistent financial performance with recent $0 revenue and assets after years of fluctuating income and expenses.
EIN: 201144723 · Spokane, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $488K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $700,000 |
| Net Assets | $1.5M |
| Transparency Score | 70/100 |
Is Rypien Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rypien Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rypien Foundation
Rypien Foundation (EIN: 201144723) is a nonprofit organization based in Spokane, WA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rypien Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rypien Foundation is a mid-size nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $488K |
| Surplus / Deficit | +$521K |
| Total Assets | $1.7M |
| Total Liabilities | $217K |
| Net Assets | $1.5M |
| Operating Margin | 51.7% |
| Debt-to-Asset Ratio | 12.6% |
| Months of Reserves | 42.2 months |
Financial Health Grade: A
In 2017, Rypien Foundation reported a surplus of $521K with revenue exceeding expenses, holds 42.2 months of operating reserves (strong position), has a debt-to-asset ratio of 12.6% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Rypien Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +29.9% | -56.7% | +23.6% |
| 2016 | -15.7% | +115.5% | -29.5% |
| 2015 | +10.4% | +33.0% | -4.0% |
| 2014 | +35.8% | +10.1% | -4.9% |
| 2013 | -35.4% | -88.4% | -11.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rypien 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, Rypien 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $521K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officer salaries were paid, which is highly efficient for a foundation of its size with revenues often exceeding $700,000 annually.
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 Rypien Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential operational cessation or reporting anomaly.
- Significant deficits in certain years (e.g., 2012 expenses $3.07M vs. revenue $0.95M; 2016 expenses $1.12M vs. revenue $0.77M) suggest inconsistent financial stability.
- Fluctuating asset base, decreasing from $2.43M in 2012 to $1.71M in 2017 (excluding the latest $0 report), indicates a reduction in organizational resources over time.
Strengths
The following positive indicators were identified for Rypien Foundation:
- Consistent 0% officer compensation across all filings demonstrates strong commitment to minimizing executive overhead.
- Significant reduction in liabilities from $2.25M in 2012 to $0.21M in 2017, indicating improved debt management.
- Periods of strong financial performance where revenue significantly exceeded expenses (e.g., 2017 revenue $1.00M vs. expenses $0.48M).
Frequently Asked Questions about Rypien Foundation
Is Rypien Foundation a legitimate charity?
Rypien Foundation (EIN: 201144723) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 70/100. It has 7 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Rypien Foundation spend its money?
Rypien Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rypien Foundation tax-deductible?
Rypien Foundation is registered as a tax-exempt nonprofit (EIN: 201144723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rypien Foundation CEO make?
Rypien Foundation's highest-compensated officer earns $700,000 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rypien Foundation's spending goes to programs?
Rypien Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Rypien Foundation located?
Rypien Foundation is headquartered in Spokane, Washington and files with the IRS under EIN 201144723.
How many years of IRS 990 filings does Rypien Foundation have?
Rypien Foundation has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What caused the Rypien Foundation to report $0 in revenue and assets in its latest filing?
The latest filing showing $0 in revenue and assets is a significant change from previous years where the foundation reported substantial financial activity (e.g., $1,008,929 revenue in 2017). This could indicate a cessation of operations, a merger, a change in reporting structure, or an error in the filing. Further investigation into the organization's current status is needed.
How does the Rypien Foundation manage its expenses given the significant fluctuations in revenue?
The foundation has experienced periods where expenses significantly outpaced revenue, such as in 2012 ($3,076,627 expenses vs. $950,873 revenue) and 2016 ($1,126,542 expenses vs. $776,542 revenue). This suggests potential challenges in expense management or reliance on reserves during lean years. Conversely, in 2017, revenue ($1,008,929) significantly exceeded expenses ($487,636), demonstrating periods of strong financial control.
Is the Rypien Foundation transparent about its spending?
The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency regarding executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a full assessment of spending transparency beyond executive compensation is not possible.
Filing History
IRS 990 filing history for Rypien Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Rypien Foundation's revenue has grown by 66%, moving from $608K to $1.0M. Total assets decreased by 25.9% over the same period, from $2.3M to $1.7M. Total functional expenses rose by 89.2%, from $258K to $488K. In its most recent filing year (2017), Rypien Foundation reported a surplus of $521K, with revenue exceeding expenses. The organization holds $217K in liabilities against $1.7M in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $1.0M | $488K | $1.7M | $217K | — | View 990 |
| 2016 | $777K | $1.1M | $1.4M | $426K | — | View 990 |
| 2015 | $921K | $523K | $2.0M | $673K | — | View 990 |
| 2014 | $834K | $393K | $2.1M | $1.2M | — | View 990 |
| 2013 | $615K | $357K | $2.2M | $1.7M | — | View 990 |
| 2012 | $951K | $3.1M | $2.4M | $2.3M | — | View 990 |
| 2011 | $608K | $258K | $2.3M | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $1.0M, expenses of $488K, and assets of $1.7M (revenue +29.9% year-over-year).
- 2016: Revenue of $777K, expenses of $1.1M, and assets of $1.4M (revenue -15.7% year-over-year).
- 2015: Revenue of $921K, expenses of $523K, and assets of $2.0M (revenue +10.4% year-over-year).
- 2014: Revenue of $834K, expenses of $393K, and assets of $2.1M (revenue +35.8% year-over-year).
- 2013: Revenue of $615K, expenses of $357K, and assets of $2.2M (revenue -35.4% year-over-year).
- 2012: Revenue of $951K, expenses of $3.1M, and assets of $2.4M (revenue +56.5% year-over-year).
- 2011: Revenue of $608K, expenses of $258K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rypien Foundation:
Data Sources and Methodology
This transparency report for Rypien 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.