Robert R Banks Foundation is a 501(c)(3) organization based in Reno, Nevada, registered in 1995, with $354,820 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$355K
▲ 109.0% vs prior year
Community median: $184K
Expenses (FY2024)
$267K
Net assets
$3.7M
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 Robert R Banks Foundation— 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 Robert R Banks Foundation: 167 mo reserves · +25% margin earns a B+ 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 Robert R Banks Foundation— 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 Robert R Banks Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $364K (FY2013) to $355K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
24.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$0
Net assets
$3.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $354,820▲109% | $266,872▼12.3% | $3,711,621▲2.4% | $3,711,621▲2.4% | 990PF |
| 2023 | $169,769▲92.2% | $304,459▼1.0% | $3,623,673▼3.6% | $3,623,673▼3.6% | 990PF |
| 2022 | $88,318▼79.1% | $307,520▲1.6% | $3,758,363▼5.5% | $3,758,363▼5.5% | 990PF |
| 2021 | $421,964▲23.7% | $302,685▲1.6% | $3,977,565▲3.1% | $3,977,565▲3.1% | 990PF |
| 2020 | $341,244▲89.3% | $297,849▲14.5% | $3,858,286▲1.1% | $3,858,286▲1.1% | 990PF |
| 2019 | $180,292▼46.4% | $260,075▼13.5% | $3,814,891▼2.0% | $3,814,891▼2.0% | 990PF |
| 2018 | $336,639▲59.1% | $300,568▲20.9% | $3,894,674▲0.9% | $3,894,674▲0.9% | 990PF |
| 2017 | $211,554▼79.8% | $248,591▲0.6% | $3,858,603▼1.0% | $3,858,603▼1.0% | 990PF |
| 2016 | $1,048,681▲233% | $247,176▼21.8% | $3,895,640▲25.9% | $3,895,640▲25.9% | 990PF |
| 2015 | $314,776▼10.2% | $316,018▲48.2% | $3,094,135 | $3,094,135 | 990PF |
| 2014 | $350,355▼3.8% | $213,196▲3.5% | $3,095,377▲4.6% | $3,095,377▲4.6% | 990PF |
| 2013 | $364,380 | $206,004 | $2,958,218 | $2,958,218 | 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 Robert R Banks Foundation (EIN 94-3221616) 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.