Charles and Catherine B Rice Foundation is a 501(c)(3) organization based in Atlanta, Georgia, registered in 2005, with -$21,013 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
-$21K
▼ 205.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$8,608
Net assets
$239K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Charles and Catherine B Rice Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Charles and Catherine B Rice Foundation: 333 mo reserves · -141% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Charles and Catherine B Rice Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Charles and Catherine B Rice Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $26K (FY2014) to -$21K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-141.0%
Spent more than it raised in the latest fiscal year.
Total assets
$239K
Total liabilities
$0
Net assets
$239K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$21,013▼205% | $8,608▼75.6% | $239,000▼6.5% | $239,000▼6.5% | 990PF |
| 2023 | -$6,880▼156% | $35,325▼72.6% | $255,745▼3.7% | $255,745▼3.7% | 990PF |
| 2022 | -$2,689▲98.5% | $128,905▲13.9% | $265,636▼10.7% | $265,636▼10.7% | 990PF |
| 2021 | -$175,968▼122% | $113,191▲168% | $297,476▼30.7% | $297,476▼30.7% | 990PF |
| 2020 | -$79,343▼1263% | $42,231▲60.4% | $429,412▼36.7% | $429,412▼36.7% | 990PF |
| 2019 | $6,825▼49.1% | $26,336▼65.3% | $678,182▼28.7% | $678,182▼28.7% | 990PF |
| 2018 | $13,412▼86.2% | $75,874▲8.8% | $950,700▼15.8% | $951,053▼15.9% | 990PF |
| 2017 | $97,108▲103% | $69,729▼4.9% | $1,129,538▼40.0% | $1,130,282▼40.0% | 990PF |
| 2016 | -$3,790,655▼12106% | $73,293▼13.1% | $1,882,679▼67.4% | $1,883,119▼67.4% | 990PF |
| 2015 | $31,573▲22.2% | $84,333▼51.8% | $5,773,446▼1.6% | $5,773,846▼1.6% | 990PF |
| 2014 | $25,831 | $175,087▼71.4% | $5,864,905▼1.7% | $5,864,905▼1.7% | 990PF |
| 2012 | — | $611,451▼7.5% | $5,964,509▲0.9% | $5,964,509▲0.9% | 990PF |
| 2011 | — | $661,180 | $5,911,671 | $5,911,671 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Charles and Catherine B Rice Foundation (EIN 20-1957591) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.