Richmond Civic & Commerce Inc
501(c)(4)
Only null% goes to programs Strong reserves
Richmond Civic & Commerce Inc is a 501(c)(4) organization based in Richmond, Minnesota, registered in 1966, with $11,616 in FY2024 revenue. CharityIndex grades it D.
Po Box 355, Richmond, MN, 56368 EIN 41-6049778 Since 1966
Revenue (FY2024)
$12K
▼ 33.4% vs prior year
Expenses (FY2024)
$15K
Net assets
$11K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Richmond Civic & Commerce Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating9 mo reserves · -30% 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 Richmond Civic & Commerce Inc: 9 mo reserves · -30% margin earns a D 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 Richmond Civic & Commerce Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Richmond Civic & Commerce Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $63K (FY2011) to $12K (FY2024) across 14 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
-30.0%
Spent more than it raised in the latest fiscal year.
Total assets
$11K
Net assets
$11K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,616▼33.4% | $15,103▼15.9% | $10,929▼24.2% | $10,929▼24.2% | 990EZ |
| 2023 | $17,441▼26.9% | $17,960▼24.2% | $14,416▼3.5% | $14,416▼3.5% | 990EZ |
| 2022 | $23,864▲77.7% | $23,701▼59.9% | $14,934▲1.1% | $14,934▲1.1% | 990EZ |
| 2021 | $13,430▼59.6% | $59,043▲151% | $14,771▼75.5% | $14,771▼75.5% | 990EZ |
| 2020 | $33,260▼51.8% | $23,481▼51.5% | $60,384▲19.3% | $60,384▲19.3% | 990EZ |
| 2019 | $68,990▲20.6% | $48,456▲0.1% | $50,605▲62.9% | $50,605▲62.9% | 990EZ |
| 2018 | $57,214▼4.5% | $48,430▼14.1% | $31,071▲13.6% | $31,071▲13.6% | 990EZ |
| 2017 | $59,897▲17.7% | $56,368▲7.1% | $27,354▲14.8% | $27,354▲14.8% | 990EZ |
| 2016 | $50,903▼29.7% | $52,645▼25.5% | $23,825▼6.8% | $23,825▼6.8% | 990EZ |
| 2015 | $72,415▲23.7% | $70,620▲10.4% | $25,567▲7.6% | $25,567▲7.6% | 990EZ |
| 2014 | $58,551▼29.9% | $63,976▼8.8% | $23,772▼18.6% | $23,772▼18.6% | 990EZ |
| 2013 | $83,487▲11.7% | $70,145▼29.1% | $29,197▲84.2% | $29,197▲12.9% | 990EZ |
| 2012 | $74,750▲18.3% | $98,942▲19.6% | $15,855▼60.4% | $25,855▼35.4% | 990EZ |
| 2011 | $63,192 | $82,736 | $40,047 | $40,047 | 990EZ |
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.
Frequently asked questions
- Is Richmond Civic & Commerce Inc a legitimate nonprofit?
- Yes. Richmond Civic & Commerce Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 41-6049778, based in Richmond, Minnesota.
- What is Richmond Civic & Commerce Inc's EIN?
- Richmond Civic & Commerce Inc's Employer Identification Number (EIN) is 41-6049778.
- How much revenue does Richmond Civic & Commerce Inc report?
- Richmond Civic & Commerce Inc reported $11,616 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richmond Civic & Commerce Inc have?
- CharityIndex grades Richmond Civic & Commerce Inc D, based on financial health (reserves and operating margin).
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Data for Richmond Civic & Commerce Inc (EIN 41-6049778) 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.