Recent operating deficit of over $1.2 million in 202306.
Significant decline in assets from $19.1 million in 202006 to $9.9 million in 202306.
Unclear executive compensation reporting (0% officer comp for an organization of this size).
Strengths
Consistent high revenue generation, generally in the $30-40 million range annually.
History of managing significant liabilities, with a reduction from $15.4 million in 201506 to $5.6 million in 202306.
Long operational history with 13 IRS 990 filings available.
Spending Breakdown
How Riseboro Homecare Inc 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 Riseboro Homecare Inc
Is Riseboro Homecare Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Riseboro Homecare Inc (EIN: 112521680) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Riseboro Homecare Inc a good charity to donate to?
Riseboro Homecare Inc has a Mission Score of 65/100. Revenue: $32.9M. Assets: $6.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Riseboro Homecare Inc?
The Employer Identification Number (EIN) for Riseboro Homecare Inc is 112521680. 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 Riseboro Homecare Inc spend its money?
Riseboro Homecare Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Riseboro Homecare Inc's tax-exempt status?
You can verify Riseboro Homecare Inc's tax-exempt status using EIN 112521680 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
Riseboro Homecare Inc. has demonstrated consistent operational activity with annual revenues generally in the range of $30-40 million over the past decade. While the organization reported a deficit in the most recent filing period (202306) with expenses exceeding revenue by over $1.2 million, this follows a surplus in the prior period (202206) of over $3 million. The organization's assets have fluctuated, showing a notable decrease from $19.1 million in 202006 to $9.9 million in 202306, while liabilities have also decreased from a high of $15.4 million in 201506 to $5.6 million in 202306. The consistent reporting of 0% officer compensation across all available filings suggests either that executive compensation is not reported under this category or that the organization operates with a volunteer leadership structure, which would be a significant positive for efficiency if true, but warrants further investigation for clarity.