How River Arts 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 River Arts Inc
Is River Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, River Arts Inc (EIN: 10435256) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is River Arts Inc a good charity to donate to?
River Arts Inc has a Mission Score of 92/100. Revenue: $110K. Assets: $112K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for River Arts Inc?
The Employer Identification Number (EIN) for River Arts Inc is 10435256. 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 River Arts Inc spend its money?
River Arts Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify River Arts Inc's tax-exempt status?
You can verify River Arts Inc's tax-exempt status using EIN 10435256 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
River Arts Inc demonstrates consistent financial stability with a positive trend in net assets over the past several years. In 2023, the organization reported revenues of $104,469 against expenses of $80,895, resulting in a surplus that contributed to its growing asset base of $108,334. This trend of revenues consistently exceeding expenses, particularly since 2018, indicates sound financial management and an ability to build reserves. The organization's liabilities have remained minimal or non-existent in recent years, further strengthening its financial position.
The spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the consistent surpluses and the nature of an arts organization. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which can contribute to higher program spending ratios. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency and compliance with regulatory requirements.
Overall, River Arts Inc exhibits healthy financial practices, a growing asset base, and a strong commitment to its mission, supported by efficient operations and transparent reporting. The organization's ability to operate effectively on a relatively modest budget while accumulating assets is a positive indicator of its sustainability and impact within the community.