The Richardson Foundation
The Richardson Foundation maintains strong financial health with growing assets and zero executive compensation.
EIN: 133440317 · Katonah, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.7M |
| Total Expenses | $881K |
| Program Spending | 90% |
| Net Assets | $6.1M |
| Transparency Score | 95/100 |
Search Intent Cockpit
The Richardson Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
The Richardson Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around The Richardson Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $1.9M and expenses of $881K.
Revenue and Expenses
The Richardson Foundation reported $1.9M in revenue and $881K in expenses, a surplus of $1.1M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
95/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is The Richardson Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $793K (90%) |
Across stored filings, The Richardson Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Healthy Capital District Initiative →All New York nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Katonah, NY nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Skowhegan School Of Painting And Sculpture Inc
New York, NY · $20.8M revenue · Score 90/100
Compare side-by-sideGarrison Institute
Garrison, NY · $4.1M revenue · Score 90/100
Compare side-by-sideGreater Rochester Enterprise Foundation Inc
Rochester, NY · $2.0M revenue · Score 90/100
Compare side-by-sideGreater Rochester Enterprise Inc
Rochester, NY · $2.3M revenue · Score 88/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
The Richardson Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Richardson Foundation
The Richardson Foundation (EIN: 133440317) is a nonprofit organization based in Katonah, NY. The organization reported total revenue of $8.7M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Richardson Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Richardson Foundation is a mid-size nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $881K |
| Surplus / Deficit | +$1.1M |
| Total Assets | $6.1M |
| Total Liabilities | $1 |
| Net Assets | $6.1M |
| Operating Margin | 54.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 83.7 months |
Financial Health Grade: A
In 2023, The Richardson Foundation reported a surplus of $1.1M with revenue exceeding expenses, holds 83.7 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 (2011–2023), The Richardson Foundation's revenue has grown at a compound annual growth rate (CAGR) of 23.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.6% | -12.7% | +7.9% |
| 2022 | -25.5% | +0.3% | +8.4% |
| 2021 | +142.0% | -13.2% | +32.9% |
| 2020 | +86.5% | +43.7% | -5.0% |
| 2019 | -44.0% | -43.1% | +24.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 The Richardson Foundation with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Richardson Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Richardson Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is a highly positive indicator of the organization's commitment to directing resources towards its mission rather than administrative overhead.
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 The Richardson Foundation:
- Consistent asset growth: Assets increased from $1,759,946 in 2011 to $6,146,111 in 2023.
- Zero executive compensation: Officer compensation is consistently reported as 0% across all filings.
- Minimal liabilities: Liabilities are consistently reported as $0 or $1, indicating strong financial stability.
- Strong financial health: Assets significantly exceed liabilities, demonstrating a robust balance sheet.
- Consistent IRS 990 filings: A decade of public filings indicates good transparency.
Frequently Asked Questions about The Richardson Foundation
Is The Richardson Foundation a legitimate charity?
The Richardson Foundation (EIN: 133440317) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.7M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Richardson Foundation spend its money?
The Richardson Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Richardson Foundation tax-deductible?
The Richardson Foundation is registered as a tax-exempt nonprofit (EIN: 133440317). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Richardson Foundation located?
The Richardson Foundation is headquartered in Katonah, New York and files with the IRS under EIN 133440317.
How many years of IRS 990 filings does The Richardson Foundation have?
The Richardson Foundation 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 $8.7M in total revenue.
Is The Richardson Foundation a good charity?
Based on the provided financial data, The Richardson Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, minimal liabilities, and a remarkable commitment to efficiency by reporting zero officer compensation across all filings.
How has The Richardson Foundation's financial health changed over time?
The Richardson Foundation's financial health has significantly improved over time. Its assets have grown from $1,759,946 in 2011 to $6,146,111 in 2023, while liabilities have remained negligible, indicating consistent growth and sound financial management.
What is the trend in The Richardson Foundation's revenue and expenses?
The Richardson Foundation's revenue has fluctuated, with peaks in 2014 ($2,409,141) and 2021 ($2,305,145), and a recent revenue of $1,933,799 in 2023. Expenses have generally remained stable, typically between $800,000 and $1,100,000 in recent years, suggesting consistent operational costs relative to varying income.
Filing History
IRS 990 filing history for The Richardson Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Richardson Foundation's revenue has grown by 1098.9%, moving from $161K to $1.9M. Total assets increased by 249.2% over the same period, from $1.8M to $6.1M. Total functional expenses rose by 90.9%, from $462K to $881K. In its most recent filing year (2023), The Richardson Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $881K | $6.1M | $1 | — | — |
| 2022 | $1.7M | $1.0M | $5.7M | $1 | — | View 990 |
| 2021 | $2.3M | $1.0M | $5.3M | $1 | — | View 990 |
| 2020 | $952K | $1.2M | $4.0M | $1 | — | View 990 |
| 2019 | $511K | $807K | $4.2M | $1 | — | View 990 |
| 2015 | $913K | $1.4M | $3.3M | $1 | — | View 990 |
| 2014 | $2.4M | $1.0M | $3.8M | $0 | — | View 990 |
| 2013 | $989K | $761K | $2.4M | $0 | — | View 990 |
| 2012 | $935K | $483K | $2.2M | $0 | — | View 990 |
| 2011 | $161K | $462K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $881K, and assets of $6.1M (revenue +12.6% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.0M, and assets of $5.7M (revenue -25.5% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.0M, and assets of $5.3M (revenue +142.0% year-over-year).
- 2020: Revenue of $952K, expenses of $1.2M, and assets of $4.0M (revenue +86.5% year-over-year).
- 2019: Revenue of $511K, expenses of $807K, and assets of $4.2M (revenue -44.0% year-over-year).
- 2015: Revenue of $913K, expenses of $1.4M, and assets of $3.3M (revenue -62.1% year-over-year).
- 2014: Revenue of $2.4M, expenses of $1.0M, and assets of $3.8M (revenue +143.6% year-over-year).
- 2013: Revenue of $989K, expenses of $761K, and assets of $2.4M (revenue +5.8% year-over-year).
- 2012: Revenue of $935K, expenses of $483K, and assets of $2.2M (revenue +479.4% year-over-year).
- 2011: Revenue of $161K, expenses of $462K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Richardson Foundation:
Data Sources and Methodology
This transparency report for The Richardson 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.