Quick charity verification for Riese Madison Park (EIN: 222125691)
Verdict: Riese Madison Park appears trustworthy
75/100Mission Score
$1.8MRevenue
$3.8MAssets
2Red Flags
4Strengths
Red Flags
Consistent reporting of $0 for officer, director, trustee, and key employee compensation across multiple years (e.g., 202309, 202209, 202109) is highly unusual for an organization of this size and requires clarification.
Lack of detailed narrative on program service accomplishments in the provided data makes it challenging to evaluate the effectiveness and reach of their programs.
Strengths
Consistent revenue generation, with 2023 revenue at $1,529,470, indicating stable donor support or funding streams.
Healthy asset base, with total assets reported at $2,658,566 in 2023, providing financial stability.
Low fundraising expenses relative to revenue, suggesting efficient fundraising efforts.
Positive net assets over time, demonstrating financial health and sustainability.
Spending Breakdown
How Riese Madison Park allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Riese Madison Park
Is Riese Madison Park a legitimate charity?
Based on AI analysis of IRS 990 filings, Riese Madison Park (EIN: 222125691) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Riese Madison Park a good charity to donate to?
Riese Madison Park has a Mission Score of 75/100. Revenue: $1.8M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Riese Madison Park?
The Employer Identification Number (EIN) for Riese Madison Park is 222125691. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Riese Madison Park spend its money?
Riese Madison Park allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Riese Madison Park's tax-exempt status?
You can verify Riese Madison Park's tax-exempt status using EIN 222125691 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Riese Madison Park is a unknown nonprofit based in Paterson, New Jersey, with reported revenue of $1.8M and assets of $3.8M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. - The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, which is unusual and warrants further investigation into how leadership is compensated.
- Detailed program service accomplishments are not readily available in the provided data, making it difficult to assess impact.
- Financial filings show consistent revenue and expense reporting over the years. The filings consistently report $0 for compensation to officers, directors, trustees, and key employees, which suggests either pro-bono leadership or compensation is reported under a different category, requiring deeper scrutiny. Revenue has grown +33% across 13 filing periods.