AI Transparency Report
River Edge Foundation Inc. exhibits fluctuating financial health over the past decade. While the latest reported revenue is $7,047,018 and assets are $9,557,555, the organization has experienced significant swings in revenue and expenses, as seen in the 2017 revenue of $12,382,215 compared to $737,661 in 2022. The organization's spending efficiency appears to be strong, with a significant portion of expenses directed towards program services. For instance, in 2022, expenses were $256,642 against revenue of $737,661, indicating a healthy surplus. However, the 2019 period showed expenses of $4,928,053 exceeding revenue of $2,263,760, suggesting periods of deficit spending. The consistent reporting of 0% officer compensation across all filings indicates a high level of transparency regarding executive pay and a commitment to directing funds towards the mission rather than high salaries.