Norman R Rales and Ruth Rales Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Declining revenue
Norman R Rales and Ruth Rales Foundation is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1988, with $12,631,805 in FY2024 revenue. CharityIndex grades it F.
2200 Penn Ave Nw 800w, Washington, DC, 20037 EIN 59-6874589 Since 1988
Revenue (FY2024)
$12.6M
▲ 53.7% vs prior year
Expenses (FY2024)
$133.3M
Net assets
$53.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Norman R Rales and Ruth Rales Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating5 mo reserves · -956% margin
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 Norman R Rales and Ruth Rales Foundation: 5 mo reserves · -956% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Norman R Rales and Ruth Rales Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Norman R Rales and Ruth Rales Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2200 Penn Ave Nw 800w, Washington, DC, 20037
- City
- Washington
- State
- District of Columbia
- Category
- —
- Subcategory
- —
- Phone
- …
Financial trends
Revenue declined from $15.5M (FY2019) to $12.6M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4,688Net assets $53.5M
Operating margin
-955.5%
Spent more than it raised in the latest fiscal year.
Total assets
$53.5M
Total liabilities
$4,688
Net assets
$53.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,631,805▲53.7% | $133,331,563▲247% | $53,455,882▼71.2% | $53,460,570▼71.2% | 990PF |
| 2023 | $8,218,589▲4.8% | $38,460,296▲136% | $185,491,803▼12.6% | $185,496,219▼12.6% | 990PF |
| 2022 | $7,841,955▼91.8% | $16,263,744▲5.1% | $212,150,234▼4.4% | $212,153,902▼4.4% | 990PF |
| 2021 | $95,551,218▲65.4% | $15,476,157▲57.2% | $221,978,612▼18.9% | $221,982,032▼18.9% | 990PF |
| 2020 | $57,753,188▲273% | $9,843,824▲8.4% | $273,874,513▲23.4% | $273,877,705▲23.4% | 990PF |
| 2019 | $15,501,219 | $9,083,237 | $221,874,279 | $221,877,170 | 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.
Leadership & compensation (FY2024)
Highest-paid: Ileane Rosenthal — $341,600 (0.26% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ileane Rosenthal | Chief Operating Officer | 40 | $341,600 |
| Joshua B Rales | Trustee & President | 40 | $305,186 |
| Joseph O Bunting III | Vice President & Treasurer | 1 | — |
| Mary W Dunn | Secretary | 5 | — |
| Mitchell P Rales | Trustee | 1 | — |
| Queenie H Chung | Vice President | 1 | — |
| Steven M Rales | Trustee | 1 | — |
| Teresa Lc Baldwin | Assistant Treasurer/secretary | 1 | — |
Frequently asked questions
- Is Norman R Rales and Ruth Rales Foundation a legitimate nonprofit?
- Yes. Norman R Rales and Ruth Rales Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-6874589, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Norman R Rales and Ruth Rales Foundation's EIN?
- Norman R Rales and Ruth Rales Foundation's Employer Identification Number (EIN) is 59-6874589.
- How much revenue does Norman R Rales and Ruth Rales Foundation report?
- Norman R Rales and Ruth Rales Foundation reported $12,631,805 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Norman R Rales and Ruth Rales Foundation have?
- CharityIndex grades Norman R Rales and Ruth Rales Foundation F, based on financial health (reserves and operating margin).
- How much does Norman R Rales and Ruth Rales Foundation's highest-paid employee make?
- The highest reported compensation on Norman R Rales and Ruth Rales Foundation's latest Form 990 is $341,600, paid to Ileane Rosenthal (Chief Operating Officer).
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Data for Norman R Rales and Ruth Rales Foundation (EIN 59-6874589) 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.