TPhilanthropy, Voluntarism & GrantmakingEIN: 844020796· Ruling Year: 2020

Red String Foundation

Seal Beach, California

BHealth Score
56B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org18.26×
Peer Median18.82×
💰
$161K
Total Revenue
📊
$58K
Total Expenses
🏦
$1.1M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-55.3%
Year-over-year change (2022 → 2023)
Net Margin
+64.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
18.26
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$160,77855%$57,63639%$1,052,50315%
2022$359,82947%$41,35761%$914,37036%
2021$245,314147%$25,6785%$672,68555%
2020$99,49378%$26,972$433,2363%
2019$444,645$0$444,645

Frequently Asked Questions

What does Red String Foundation do?

Red String Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in California. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Red String Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Red String Foundation.

How much revenue does Red String Foundation generate?

Revenue data for Red String Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Red String Foundation — Seal Beach, CA | GiveScope