Sylvia And Rip Williams Charitable Foundation Inc
Sylvia And Rip Williams Charitable Foundation consistently spends more than its annual revenue, drawing down assets for grantmaking with no executive compensation.
EIN: 141866661 · Bethesda, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $288K |
| Total Expenses | $296K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.3M |
| Transparency Score | 90/100 |
Is Sylvia And Rip Williams Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sylvia And Rip Williams Charitable Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sylvia And Rip Williams Charitable Foundation Inc
Sylvia And Rip Williams Charitable Foundation Inc (EIN: 141866661) is a nonprofit organization based in Bethesda, MD, classified under NTEE code T22. The organization reported total revenue of $288K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sylvia And Rip Williams Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sylvia And Rip Williams Charitable Foundation Inc is a small nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $296K |
| Surplus / Deficit | $-145,405 |
| Total Assets | $3.3M |
| Total Liabilities | $1 |
| Net Assets | $3.3M |
| Operating Margin | -96.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.1 months |
Financial Health Grade: B
In 2024, Sylvia And Rip Williams Charitable Foundation Inc reported a deficit of $145K with expenses exceeding revenue, holds 133.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Sylvia And Rip Williams Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.7% | -0.9% | -4.4% |
| 2023 | -75.7% | -8.2% | -4.3% |
| 2022 | +325.3% | +20.6% | +7.7% |
| 2021 | -7.2% | -2.1% | -3.9% |
| 2020 | +23.9% | +9.9% | -12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Sylvia And Rip Williams Charitable Foundation Inc with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Sylvia And Rip Williams Charitable Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $145K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly efficient and suggests a volunteer-led or minimal-overhead operational model for a foundation of its size with assets over $3 million.
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 Sylvia And Rip Williams Charitable Foundation Inc's IRS 990 filings:
- Consistent net operating deficit (expenses exceeding revenue) indicates reliance on asset drawdowns, though this is typical for private foundations.
Strengths
The following positive indicators were identified for Sylvia And Rip Williams Charitable Foundation Inc:
- 0% officer compensation, indicating high efficiency and volunteer leadership.
- Consistent IRS 990 filing history demonstrates strong transparency.
- Minimal liabilities (consistently $0 or $1) suggests sound financial management.
- Clear operational model as a private grantmaking foundation.
Frequently Asked Questions about Sylvia And Rip Williams Charitable Foundation Inc
Is Sylvia And Rip Williams Charitable Foundation Inc a legitimate charity?
Sylvia And Rip Williams Charitable Foundation Inc (EIN: 141866661) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $288K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Sylvia And Rip Williams Charitable Foundation Inc spend its money?
Sylvia And Rip Williams Charitable Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Sylvia And Rip Williams Charitable Foundation Inc tax-deductible?
Sylvia And Rip Williams Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 141866661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sylvia And Rip Williams Charitable Foundation Inc CEO make?
Sylvia And Rip Williams Charitable Foundation Inc's highest-compensated officer earns $3 annually. The organization reported $288K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Sylvia And Rip Williams Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Sylvia And Rip Williams Charitable Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sylvia And Rip Williams Charitable Foundation Inc located?
Sylvia And Rip Williams Charitable Foundation Inc is headquartered in Bethesda, Maryland and files with the IRS under EIN 141866661. It is classified under NTEE code T22.
How many years of IRS 990 filings does Sylvia And Rip Williams Charitable Foundation Inc have?
Sylvia And Rip Williams Charitable Foundation Inc has 10 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 $288K in total revenue.
Is Sylvia And Rip Williams Charitable Foundation Inc. a good charity?
Based on the provided data, the foundation appears to be a well-managed private grantmaking entity. It consistently files its IRS 990s, reports 0% officer compensation, and maintains minimal liabilities, all of which are positive indicators for a charitable foundation.
Why does the foundation consistently spend more than its revenue?
As a private foundation, it is common for such organizations to spend more than their annual incoming revenue by drawing down on their endowment or accumulated assets to fulfill their grantmaking obligations. This is reflected in the steady decline of its assets from $4.4 million in 2012 to $3.2 million in 2024.
What is the primary activity of this organization?
Given its NTEE code T22 (Private Grantmaking Foundations) and the financial patterns, its primary activity is likely making grants to other charitable organizations, rather than directly operating programs.
Filing History
IRS 990 filing history for Sylvia And Rip Williams Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Sylvia And Rip Williams Charitable Foundation Inc's revenue has grown by 20.2%, moving from $125K to $151K. Total assets decreased by 25.4% over the same period, from $4.4M to $3.3M. Total functional expenses rose by 29.2%, from $229K to $296K. In its most recent filing year (2024), Sylvia And Rip Williams Charitable Foundation Inc reported a deficit of $145K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $151K | $296K | $3.3M | $1 | — | — |
| 2023 | $141K | $299K | $3.4M | $1 | — | View 990 |
| 2022 | $581K | $326K | $3.6M | $1 | — | View 990 |
| 2021 | $137K | $270K | $3.3M | $1 | — | View 990 |
| 2020 | $147K | $276K | $3.5M | $0 | — | View 990 |
| 2016 | $119K | $251K | $4.0M | $0 | — | View 990 |
| 2015 | $112K | $251K | $4.1M | $0 | — | View 990 |
| 2014 | $127K | $251K | $4.2M | $0 | — | View 990 |
| 2013 | $145K | $235K | $4.3M | $0 | — | View 990 |
| 2012 | $125K | $229K | $4.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $151K, expenses of $296K, and assets of $3.3M (revenue +6.7% year-over-year).
- 2023: Revenue of $141K, expenses of $299K, and assets of $3.4M (revenue -75.7% year-over-year).
- 2022: Revenue of $581K, expenses of $326K, and assets of $3.6M (revenue +325.3% year-over-year).
- 2021: Revenue of $137K, expenses of $270K, and assets of $3.3M (revenue -7.2% year-over-year).
- 2020: Revenue of $147K, expenses of $276K, and assets of $3.5M (revenue +23.9% year-over-year).
- 2016: Revenue of $119K, expenses of $251K, and assets of $4.0M (revenue +6.5% year-over-year).
- 2015: Revenue of $112K, expenses of $251K, and assets of $4.1M (revenue -11.8% year-over-year).
- 2014: Revenue of $127K, expenses of $251K, and assets of $4.2M (revenue -12.7% year-over-year).
- 2013: Revenue of $145K, expenses of $235K, and assets of $4.3M (revenue +15.5% year-over-year).
- 2012: Revenue of $125K, expenses of $229K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sylvia And Rip Williams Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Sylvia And Rip Williams Charitable Foundation 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.