University Of The Seven Rays
University Of The Seven Rays faces recurring deficits and declining assets.
EIN: 113661893 · Phoenix, AZ · NTEE: B99 · Updated: 2026-03-28
Is University Of The Seven Rays Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
University Of The Seven Rays directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About University Of The Seven Rays
University Of The Seven Rays (EIN: 113661893) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code B99. The organization reported total revenue of $93K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Of The Seven Rays's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University Of The Seven Rays is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $114K |
| Surplus / Deficit | $-19,584 |
| Total Assets | $108K |
| Total Liabilities | $126K |
| Net Assets | $-17,224 |
| Operating Margin | -20.8% |
| Debt-to-Asset Ratio | 115.9% |
| Months of Reserves | 11.4 months |
Financial Health Grade: C
In 2023, University Of The Seven Rays reported a deficit of $20K with expenses exceeding revenue, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 115.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), University Of The Seven Rays's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.2% | -30.0% | -17.0% |
| 2022 | -85.0% | -53.7% | +14.8% |
| 2021 | +16.5% | +33.4% | -0.2% |
| 2020 | +60.7% | +5.1% | +291.6% |
| 2019 | -14.3% | +10.7% | -55.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 University Of The Seven Rays with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, University Of The Seven Rays allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 115.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, suggesting that officers are either unpaid or compensated through non-reportable means, which is unusual for an organization of this size and revenue fluctuation.
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 University Of The Seven Rays's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023: $19,584 deficit; 2022: $110,107 deficit).
- Liabilities exceeding assets in the most recent filing ($125,541 vs $108,317 in 2023).
- Significant year-over-year revenue volatility, making financial planning difficult.
- Declining asset base from $227,534 in 2015 to $65,534 currently.
Strengths
The following positive indicators were identified for University Of The Seven Rays:
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- History of significant revenue generation in some past periods (e.g., $350,806 in 2021).
Frequently Asked Questions about University Of The Seven Rays
Is University Of The Seven Rays a legitimate charity?
Based on AI analysis of IRS 990 filings, University Of The Seven Rays (EIN: 113661893) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does University Of The Seven Rays spend its money?
University Of The Seven Rays directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to University Of The Seven Rays tax-deductible?
University Of The Seven Rays is registered as a tax-exempt nonprofit (EIN: 113661893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is University Of The Seven Rays financially stable?
Based on the recent filings, the organization is not financially stable, consistently reporting expenses exceeding revenue in 2023 ($113,862 vs $94,278) and 2022 ($162,706 vs $52,599), and having liabilities ($125,541) greater than assets ($108,317) in 2023.
What is the trend in the organization's revenue?
Revenue has been highly volatile, with a peak of $350,806 in 2021, but a significant decline to $52,599 in 2022 and $94,278 in 2023, indicating an inconsistent funding stream.
How does the organization manage its assets and liabilities?
The organization's assets have decreased significantly from a high of $227,534 in 2015 to $65,534 currently. In recent years, liabilities have often been substantial, even exceeding assets in 2023, which is a concern for financial health.
Is the 0% officer compensation sustainable or indicative of other issues?
While 0% officer compensation can indicate low administrative costs, for an organization with fluctuating revenue and significant expenses, it might suggest reliance on volunteer leadership or compensation through non-traditional means, which could impact long-term stability or transparency if not fully disclosed elsewhere.
Filing History
IRS 990 filing history for University Of The Seven Rays showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), University Of The Seven Rays's revenue has declined by 54.3%, moving from $206K to $94K. Total assets increased by 625.6% over the same period, from $15K to $108K. Total functional expenses fell by 43.4%, from $201K to $114K. In its most recent filing year (2023), University Of The Seven Rays reported a deficit of $20K, with expenses exceeding revenue. The organization holds $126K in liabilities against $108K in assets (debt-to-asset ratio: 115.9%), resulting in net assets of $-17,224.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $114K | $108K | $126K | — | — |
| 2022 | $53K | $163K | $130K | $128K | — | View 990 |
| 2021 | $351K | $351K | $114K | $1K | — | — |
| 2020 | $301K | $263K | $114K | $1K | — | — |
| 2019 | $187K | $250K | $29K | $34K | — | View 990 |
| 2018 | $219K | $226K | $65K | $6K | — | View 990 |
| 2017 | $165K | $224K | $66K | $17K | — | — |
| 2016 | $176K | $245K | $107K | $0 | — | View 990 |
| 2015 | $301K | $247K | $228K | $51K | — | View 990 |
| 2014 | $239K | $232K | $174K | $51K | — | View 990 |
| 2013 | $294K | $205K | $116K | $0 | — | View 990 |
| 2012 | $227K | $215K | $27K | $0 | — | View 990 |
| 2011 | $206K | $201K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $114K, and assets of $108K (revenue +79.2% year-over-year).
- 2022: Revenue of $53K, expenses of $163K, and assets of $130K (revenue -85.0% year-over-year).
- 2021: Revenue of $351K, expenses of $351K, and assets of $114K (revenue +16.5% year-over-year).
- 2020: Revenue of $301K, expenses of $263K, and assets of $114K (revenue +60.7% year-over-year).
- 2019: Revenue of $187K, expenses of $250K, and assets of $29K (revenue -14.3% year-over-year).
- 2018: Revenue of $219K, expenses of $226K, and assets of $65K (revenue +32.6% year-over-year).
- 2017: Revenue of $165K, expenses of $224K, and assets of $66K (revenue -6.3% year-over-year).
- 2016: Revenue of $176K, expenses of $245K, and assets of $107K (revenue -41.5% year-over-year).
- 2015: Revenue of $301K, expenses of $247K, and assets of $228K (revenue +26.0% year-over-year).
- 2014: Revenue of $239K, expenses of $232K, and assets of $174K (revenue -18.8% year-over-year).
- 2013: Revenue of $294K, expenses of $205K, and assets of $116K (revenue +29.6% year-over-year).
- 2012: Revenue of $227K, expenses of $215K, and assets of $27K (revenue +9.9% year-over-year).
- 2011: Revenue of $206K, expenses of $201K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for University Of The Seven Rays:
Data Sources and Methodology
This transparency report for University Of The Seven Rays 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.