Zora Neale Hurston Richard Wright Foundation
EIN: 521706969 · Washington, DC · NTEE: W70Z
| Metric | Value |
|---|---|
| Total Revenue | $446K |
| Total Expenses | $443K |
| Net Assets | $204K |
Is Zora Neale Hurston Richard Wright Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Zora Neale Hurston Richard Wright Foundation
Zora Neale Hurston Richard Wright Foundation (EIN: 521706969) is a nonprofit organization based in Washington, DC, classified under NTEE code W70Z. The organization reported total revenue of $446K and total assets of $229K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zora Neale Hurston Richard Wright Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zora Neale Hurston Richard Wright Foundation is a small nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 27.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $446K |
| Total Expenses | $443K |
| Surplus / Deficit | +$3K |
| Total Assets | $229K |
| Total Liabilities | $25K |
| Net Assets | $204K |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 11.1% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2022, Zora Neale Hurston Richard Wright Foundation reported a surplus of $3K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 11.1% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2022), Zora Neale Hurston Richard Wright Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +47.6% | +115.4% | +9.0% |
| 2020 | +35.7% | +30.6% | +108.5% |
| 2019 | +70.6% | +28.9% | +201.1% |
| 2018 | +50.8% | +44.8% | +33.2% |
| 2017 | +11.4% | +15.3% | +16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Zora Neale Hurston Richard Wright 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 Zora Neale Hurston Richard Wright 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.1%.
Frequently Asked Questions about Zora Neale Hurston Richard Wright Foundation
Is Zora Neale Hurston Richard Wright Foundation a legitimate charity?
Zora Neale Hurston Richard Wright Foundation (EIN: 521706969) is a registered tax-exempt nonprofit based in Washington DC. It has 10 years of IRS 990 filings on record. Total revenue: $446K. No red flags identified. Financial health grade: A.
How does Zora Neale Hurston Richard Wright Foundation spend its money?
Zora Neale Hurston Richard Wright Foundation reported $446K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Zora Neale Hurston Richard Wright Foundation tax-deductible?
Zora Neale Hurston Richard Wright Foundation is registered as a tax-exempt nonprofit (EIN: 521706969). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Zora Neale Hurston Richard Wright Foundation located?
Zora Neale Hurston Richard Wright Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 521706969. It is classified under NTEE code W70Z.
How many years of IRS 990 filings does Zora Neale Hurston Richard Wright Foundation have?
Zora Neale Hurston Richard Wright 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 $446K in total revenue.
Filing History
IRS 990 filing history for Zora Neale Hurston Richard Wright Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2022), Zora Neale Hurston Richard Wright Foundation's revenue has grown by 1046.3%, moving from $39K to $446K. Total assets increased by 2212.7% over the same period, from $10K to $229K. Total functional expenses rose by 1116.9%, from $36K to $443K. In its most recent filing year (2022), Zora Neale Hurston Richard Wright Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $25K in liabilities against $229K in assets (debt-to-asset ratio: 11.1%), resulting in net assets of $204K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $446K | $443K | $229K | $25K | — | View 990 |
| 2020 | $302K | $206K | $210K | $15K | — | View 990 |
| 2019 | $223K | $157K | $101K | $7K | — | View 990 |
| 2018 | $130K | $122K | $33K | $0 | — | View 990 |
| 2017 | $87K | $84K | $25K | $0 | — | View 990 |
| 2016 | $78K | $73K | $22K | $0 | — | View 990 |
| 2015 | $156K | $146K | $15K | $0 | — | View 990 |
| 2014 | $142K | $136K | $10K | $0 | — | View 990 |
| 2013 | $42K | $46K | $4K | $0 | — | View 990 |
| 2012 | $39K | $36K | $10K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $446K, expenses of $443K, and assets of $229K (revenue +47.6% year-over-year).
- 2020: Revenue of $302K, expenses of $206K, and assets of $210K (revenue +35.7% year-over-year).
- 2019: Revenue of $223K, expenses of $157K, and assets of $101K (revenue +70.6% year-over-year).
- 2018: Revenue of $130K, expenses of $122K, and assets of $33K (revenue +50.8% year-over-year).
- 2017: Revenue of $87K, expenses of $84K, and assets of $25K (revenue +11.4% year-over-year).
- 2016: Revenue of $78K, expenses of $73K, and assets of $22K (revenue -50.4% year-over-year).
- 2015: Revenue of $156K, expenses of $146K, and assets of $15K (revenue +10.1% year-over-year).
- 2014: Revenue of $142K, expenses of $136K, and assets of $10K (revenue +241.6% year-over-year).
- 2013: Revenue of $42K, expenses of $46K, and assets of $4K (revenue +6.9% year-over-year).
- 2012: Revenue of $39K, expenses of $36K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zora Neale Hurston Richard Wright Foundation:
Data Sources and Methodology
This transparency report for Zora Neale Hurston Richard Wright 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.