Raymond E and Bettye C Reid Foundation
Only null% goes to programs Strong reserves Declining revenue
Raymond E and Bettye C Reid Foundation is a 501(c)(3) organization based in Amarillo, Texas, registered in 2003, with $10,517 in FY2024 revenue. CharityIndex grades it F.
Po Box 82, Amarillo, TX, 79105 EIN 71-0933431 Since 2003
Revenue (FY2024)
$11K
▼ 38.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$23K
Net assets
$244K
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 Raymond E and Bettye C Reid 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 rating125 mo reserves · -122% 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 Raymond E and Bettye C Reid Foundation: 125 mo reserves · -122% 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 Raymond E and Bettye C Reid 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 Raymond E and Bettye C Reid Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 82, Amarillo, TX, 79105
- City
- Amarillo
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $38K (FY2013) to $11K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $109Net assets $244K
Operating margin
-122.3%
Spent more than it raised in the latest fiscal year.
Total assets
$245K
Total liabilities
$109
Net assets
$244K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,517▼38.7% | $23,375▲41.2% | $244,453▼5.3% | $244,562▼5.4% | 990PF |
| 2023 | $17,145▲269% | $16,557▼31.9% | $258,181▲0.2% | $258,426▲0.3% | 990PF |
| 2022 | $4,648▼75.4% | $24,318▲44.0% | $257,593▼6.6% | $257,690▼6.6% | 990PF |
| 2021 | $18,931▲173% | $16,883▼14.7% | $275,691▲1.2% | $275,927▲1.2% | 990PF |
| 2020 | $6,940▼54.8% | $19,792▼3.1% | $272,482▼4.5% | $272,552▼4.5% | 990PF |
| 2019 | $15,355▼28.0% | $20,432▼1.0% | $285,334▼1.7% | $285,473▼1.7% | 990PF |
| 2018 | $21,313▲100.0% | $20,641▲10.3% | $290,411▲0.2% | $290,490▲0.3% | 990PF |
| 2017 | $10,659▲46.9% | $18,720▼2.0% | $289,739▼2.7% | $289,739▼2.7% | 990PF |
| 2016 | $7,254▲152% | $19,098▼1.4% | $297,800▼3.7% | $297,800▼3.7% | 990PF |
| 2015 | $2,874▼24.8% | $19,366▼29.0% | $309,318▼5.1% | $309,318▼5.1% | 990PF |
| 2014 | $3,824▼90.0% | $27,284▼5.5% | $325,810▼6.7% | $325,810▼6.7% | 990PF |
| 2013 | $38,207 | $28,874▲95.2% | $349,270▲2.7% | $349,270▲0.9% | 990PF |
| 2012 | — | $14,794▼30.4% | $339,937▲1.6% | $346,141▲3.5% | 990PF |
| 2011 | — | $21,244▲46.1% | $334,518▼2.0% | $334,518▼2.0% | 990PF |
| 2010 | — | $14,537 | $341,387 | $341,387 | 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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Frequently asked questions
- Is Raymond E and Bettye C Reid Foundation a legitimate nonprofit?
- Yes. Raymond E and Bettye C Reid Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 71-0933431, based in Amarillo, Texas. Donations are tax-deductible.
- What is Raymond E and Bettye C Reid Foundation's EIN?
- Raymond E and Bettye C Reid Foundation's Employer Identification Number (EIN) is 71-0933431.
- How much revenue does Raymond E and Bettye C Reid Foundation report?
- Raymond E and Bettye C Reid Foundation reported $10,517 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Raymond E and Bettye C Reid Foundation have?
- CharityIndex grades Raymond E and Bettye C Reid Foundation F, based on financial health (reserves and operating margin).
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Data for Raymond E and Bettye C Reid Foundation (EIN 71-0933431) 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.