Rice-ragland Foundation Inc is a 501(c)(3) organization based in Lagrange, Kentucky, registered in 2019, with $750 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$750
▼ 25.0% vs prior year
Health median: $840K
Expenses (FY2024)
$2,315
Net assets
$19K
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 Rice-ragland Foundation Inc— 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 Rice-ragland Foundation Inc: 98 mo reserves · -209% 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 Rice-ragland Foundation Inc— 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 Rice-ragland Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $10K (FY2017) to $750 (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-208.7%
Spent more than it raised in the latest fiscal year.
Total assets
$19K
Total liabilities
$0
Net assets
$19K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $750▼25.0% | $2,315▲128% | $18,931▼7.6% | $18,931▼7.6% | 990PF |
| 2023 | $1,000 | $1,015▲1.5% | $20,496▼0.1% | $20,496▼0.1% | 990PF |
| 2022 | $1,000 | $1,000▼39.4% | $20,511 | $20,511 | 990PF |
| 2021 | $1,000 | $1,650▲23.2% | $20,511▼3.1% | $20,511▼3.1% | 990PF |
| 2020 | $0▼100% | $1,339▲33.9% | $21,161▼6.0% | $21,161▼6.0% | 990PF |
| 2019 | $10,000▲100% | $1,000▼33.3% | $22,500▲66.7% | $22,500▲66.7% | 990PF |
| 2018 | $5,000▼50.0% | $1,500 | $13,500▲35.0% | $13,500▲35.0% | 990PF |
| 2017 | $10,000 | $0 | $10,000 | $10,000 | 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 Rice-ragland Foundation Inc (EIN 82-3795577) 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.