Richard B Truex Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Richard B Truex Foundation Inc is a 501(c)(3) organization based in Tampa, Florida, registered in 2000, with $14,618 in FY2023 revenue. CharityIndex grades it F.
8711 Ashworth Dr, Tampa, FL, 33647 EIN 61-1370073 Since 2000
Revenue (FY2023)
$15K
▼ 72.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$74K
Net assets
$372K
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 Richard B Truex 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 →
FFinancial health25% of the rating61 mo reserves · -403% 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 Richard B Truex Foundation Inc: 61 mo reserves · -403% 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 Richard B Truex 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 →
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 Richard B Truex Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 8711 Ashworth Dr, Tampa, FL, 33647
- City
- Tampa
- State
- Florida
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $13K (FY2013) to $15K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $372K
Operating margin
-403.4%
Spent more than it raised in the latest fiscal year.
Total assets
$372K
Total liabilities
$0
Net assets
$372K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $14,618▼72.6% | $73,582▼32.4% | $371,950▼14.8% | $371,950▼14.8% | 990PF |
| 2022 | $53,270▼45.3% | $108,831▲21.4% | $436,422▼11.3% | $436,422▼11.3% | 990PF |
| 2021 | $97,422▲119% | $89,683▲176% | $491,983▲1.6% | $491,983▲1.6% | 990PF |
| 2020 | $44,508▲8.3% | $32,510▼46.7% | $484,429▲2.5% | $484,429▲2.5% | 990PF |
| 2019 | $41,087▼23.9% | $60,959▲168% | $472,431▼4.0% | $472,431▼4.0% | 990PF |
| 2018 | $53,992▲46.4% | $22,743▼34.5% | $492,303▲6.8% | $492,303▲6.8% | 990PF |
| 2017 | $36,870▲49.0% | $34,699▼24.2% | $461,054▲0.5% | $461,054▲0.5% | 990PF |
| 2016 | $24,744▼60.6% | $45,788▲58.7% | $458,883▼4.4% | $458,883▼4.4% | 990PF |
| 2015 | $62,876▼12.9% | $28,861▼8.8% | $479,927▲7.6% | $479,927▲7.6% | 990PF |
| 2014 | $72,204▲451% | $31,650▲20.6% | $445,912▲10.0% | $445,912▲10.0% | 990PF |
| 2013 | $13,112 | $26,247▲19.3% | $405,358▼3.1% | $405,358▼3.1% | 990PF |
| 2012 | — | $22,000▲2.9% | $418,493▼3.1% | $418,493▼3.1% | 990PF |
| 2011 | — | $21,372 | $431,783 | $431,783 | 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.
Similar organizations in Philanthropy
Compare Richard B Truex Foundation Inc
Frequently asked questions
- Is Richard B Truex Foundation Inc a legitimate nonprofit?
- Yes. Richard B Truex Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1370073, based in Tampa, Florida. Donations are tax-deductible.
- What is Richard B Truex Foundation Inc's EIN?
- Richard B Truex Foundation Inc's Employer Identification Number (EIN) is 61-1370073.
- How much revenue does Richard B Truex Foundation Inc report?
- Richard B Truex Foundation Inc reported $14,618 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Richard B Truex Foundation Inc have?
- CharityIndex grades Richard B Truex Foundation Inc F, based on financial health (reserves and operating margin).
More nonprofits in Tampa
Explore more
Data for Richard B Truex Foundation Inc (EIN 61-1370073) 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.