Is River Market Community Improvementdistrict Inc Legit?
Quick charity verification for River Market Community Improvementdistrict Inc (EIN: 205272518)
Verdict: River Market Community Improvementdistrict Inc appears trustworthy
90/100Mission Score
$671KRevenue
$740KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth and positive net income in recent years (e.g., $504,465 revenue vs. $369,345 expenses in 202304).
Significant asset growth over time, indicating strong financial health and capacity (assets grew from $197,601 in 201804 to $676,052 in 202304).
No reported officer compensation across all 13 filings, suggesting efficient use of funds and potentially volunteer leadership.
Low liabilities relative to assets, demonstrating strong financial solvency and responsible debt management.
Consistent IRS 990 filing history, indicating good transparency and compliance.
Spending Breakdown
How River Market Community Improvementdistrict 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 Market Community Improvementdistrict Inc
Is River Market Community Improvementdistrict Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, River Market Community Improvementdistrict Inc (EIN: 205272518) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is River Market Community Improvementdistrict Inc a good charity to donate to?
River Market Community Improvementdistrict Inc has a Mission Score of 90/100. Revenue: $671K. Assets: $740K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for River Market Community Improvementdistrict Inc?
The Employer Identification Number (EIN) for River Market Community Improvementdistrict Inc is 205272518. 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 Market Community Improvementdistrict Inc spend its money?
River Market Community Improvementdistrict Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify River Market Community Improvementdistrict Inc's tax-exempt status?
You can verify River Market Community Improvementdistrict Inc's tax-exempt status using EIN 205272518 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 Market Community Improvementdistrict Inc demonstrates consistent financial health with a positive trend in assets and revenue over the past several years. In the 202304 period, the organization reported revenues of $504,465 against expenses of $369,345, indicating a healthy surplus. This surplus contributes to a growing asset base, which reached $676,052 in 202304, up from $549,093 in 202204 and $501,076 in 202104. The organization's liabilities remain relatively low compared to its assets, suggesting good financial management and solvency.
The organization's spending efficiency appears strong, particularly given the consistent surpluses and asset growth. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise efficiency ratio cannot be calculated. However, the consistent positive net income suggests that expenses are well-managed relative to revenue. The absence of officer compensation reported across all filings indicates a lean operational structure, which can contribute to higher spending efficiency.
Transparency is generally good, as evidenced by the consistent filing of IRS 990 forms over 13 periods. The public availability of these filings allows for scrutiny of financial activities. The lack of reported officer compensation is a significant transparency point, indicating that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence.