Quick charity verification for Nedc Riverfront Corp (EIN: 222595743)
Verdict: Nedc Riverfront Corp shows mixed signals
45/100Mission Score
$798KRevenue
$1.6MAssets
4Red Flags
1Strengths
Red Flags
Consistent 'c0%' for compensation across all filings is a major red flag, indicating a lack of transparency regarding how executives or key employees are compensated.
Total liabilities of $1,927,324 in 2023 significantly exceed total assets of $1,600,505, indicating a precarious financial position.
Revenue has been highly volatile, with a negative revenue of -$57,387 in 2018 and a significant drop from $821,531 in 2023 to $798,144 in the current data, suggesting an unstable funding model.
The absence of detailed expense breakdowns (programs, admin, fundraising) makes it impossible to evaluate how funds are being utilized to achieve the mission.
Strengths
The organization has maintained significant assets, reaching $1,604,654, which could provide a base for future operations if financial management improves.
AI Transparency Report
Nedc Riverfront Corp is a community improvement nonprofit based in Marlboro, New Jersey, with reported revenue of $798K and assets of $1.6M. Our AI analysis assigns a Mission Score of 45/100 (Fair). Executive compensation is reported as 0% across all available filings, which is highly improbable for an organization with significant revenue and assets, raising serious questions about the transparency of compensation practices. Revenue has grown +106% across 12 filing periods.