Passes our checks

Racine Revitalization Partnership

EIN 81-1338331 · Racine, WI

Public records show a registered, tax-exempt organization in good standing.

What it says it does

Our mission is to build a better Racine through the social, physical, and economic revitalization of our neighborhoods.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 17 out of 100. Higher than 4% of charities in its peer group (community improvement, under $250k).

Reserves
0 of 35
Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20
It owes 87% of what it owns.
Living within its means
0 of 15
Spending exceeded income by 62% of income.
Income trend
0 of 15
Income fell 32% on the year before.
Spending floor
15 of 15
68% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 91 out of 100. Higher than 83% of charities in its peer group (community improvement, under $250k).

Independent board
25 of 25
10 of 10 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Pay set independently
5 of 5
Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$114,715 spent. The Organizations core strategies include: Resident Participation: Involve neighborhood residents in the revitalization process and use their involvement in the process to help them achieve personal growth. Collaboration: 1) Create partnerships between private businesses, nonprofit institutions, and government. 2) Partner to ensure the most efficient use of limited resources. Economic Inclusion: 1) Create an investment-friendly environment to foster economic development in the neighborhood. 2) Utilize investments in housing and other projects to leverage job training, employment opportunities, and contracting opportunities for our residents. 3) Work with financial institutions to ensure our residents and businesses have equal access to federally-insured banking institutions that will provide households with the opportunity to conduct basic financial transactions, save for emergency and long-term security needs, build a solid credit history, and have access to credit on fair and affordable terms.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.