Stone Ridge Foundation
EIN: 842852661 · Altavista, VA · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $1.7M |
| Net Assets | $2.4M |
Is Stone Ridge Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Stone Ridge Foundation
Stone Ridge Foundation (EIN: 842852661) is a nonprofit organization based in Altavista, VA, classified under NTEE code W30. The organization reported total revenue of $4.3M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stone Ridge Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stone Ridge Foundation is a mid-size nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 122.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$673K |
| Total Assets | $4.4M |
| Total Liabilities | $2.0M |
| Net Assets | $2.4M |
| Operating Margin | 28.3% |
| Debt-to-Asset Ratio | 44.7% |
| Months of Reserves | 30.9 months |
Financial Health Grade: A
In 2023, Stone Ridge Foundation reported a surplus of $673K with revenue exceeding expenses, holds 30.9 months of operating reserves (strong position), has a debt-to-asset ratio of 44.7% (moderate leverage).
Financial Trends
Over 4 years of filings (2019–2023), Stone Ridge Foundation's revenue has grown at a compound annual growth rate (CAGR) of 122.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.7% | +26.8% | +17.5% |
| 2022 | -8.5% | +93.4% | +7.2% |
| 2021 | +1897.5% | +3185.9% | +4517.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Stone Ridge Foundation 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 Stone Ridge Foundation 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 $673K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.7%.
Frequently Asked Questions about Stone Ridge Foundation
Is Stone Ridge Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Stone Ridge Foundation (EIN: 842852661) insufficient data. 0 red flags identified, 0 strengths noted.
How does Stone Ridge Foundation spend its money?
Detailed spending breakdown data is not yet available for Stone Ridge Foundation. Check back for updated IRS 990 analysis.
Are donations to Stone Ridge Foundation tax-deductible?
Stone Ridge Foundation is registered as a tax-exempt nonprofit (EIN: 842852661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stone Ridge Foundation located?
Stone Ridge Foundation is headquartered in Altavista, Virginia and files with the IRS under EIN 842852661. It is classified under NTEE code W30.
How many years of IRS 990 filings does Stone Ridge Foundation have?
Stone Ridge Foundation has 4 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 $4.3M in total revenue.
Filing History
IRS 990 filing history for Stone Ridge Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Stone Ridge Foundation's revenue has grown by 2363.2%, moving from $97K to $2.4M. Total assets increased by 5721.5% over the same period, from $75K to $4.4M. Total functional expenses rose by 7961.4%, from $21K to $1.7M. In its most recent filing year (2023), Stone Ridge Foundation reported a surplus of $673K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $4.4M in assets (debt-to-asset ratio: 44.7%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $1.7M | $4.4M | $2.0M | — | — |
| 2022 | $1.8M | $1.3M | $3.7M | $1.9M | — | View 990 |
| 2021 | $1.9M | $695K | $3.5M | $2.1M | — | View 990 |
| 2019 | $97K | $21K | $75K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $1.7M, and assets of $4.4M (revenue +34.7% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.3M, and assets of $3.7M (revenue -8.5% year-over-year).
- 2021: Revenue of $1.9M, expenses of $695K, and assets of $3.5M (revenue +1897.5% year-over-year).
- 2019: Revenue of $97K, expenses of $21K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stone Ridge Foundation:
Data Sources and Methodology
This transparency report for Stone Ridge 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.