Quick charity verification for River Plaza Hose Company No 1 (EIN: 223011058)
Verdict: River Plaza Hose Company No 1 appears trustworthy
75/100Mission Score
$192KRevenue
$1.9MAssets
3Red Flags
3Strengths
Red Flags
Lack of detailed spending breakdown (programs, admin, fundraising) in provided data makes financial efficiency difficult to assess.
Reporting $0 compensation for all officers, directors, trustees, and key employees is a significant red flag, suggesting potential underreporting or an unusual operational model.
The 'nt' (nonprofit type) field is marked as '?', indicating a lack of clear classification or mission statement in the provided data.
Strengths
Consistent revenue generation, with annual revenues ranging from $79,696 to $204,454 over the past seven years.
Steady growth in total assets, increasing from $1,704,203 in 2016 to $1,869,817 in 2023, indicating financial stability.
Zero reported lobbying expenses ('l0') and political campaign activities ('c0%') across all years, suggesting a focus on its core mission.
Spending Breakdown
How River Plaza Hose Company No 1 allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Plaza Hose Company No 1
Is River Plaza Hose Company No 1 a legitimate charity?
Based on AI analysis of IRS 990 filings, River Plaza Hose Company No 1 (EIN: 223011058) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is River Plaza Hose Company No 1 a good charity to donate to?
River Plaza Hose Company No 1 has a Mission Score of 75/100. Revenue: $192K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for River Plaza Hose Company No 1?
The Employer Identification Number (EIN) for River Plaza Hose Company No 1 is 223011058. 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 Plaza Hose Company No 1 spend its money?
River Plaza Hose Company No 1 allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify River Plaza Hose Company No 1's tax-exempt status?
You can verify River Plaza Hose Company No 1's tax-exempt status using EIN 223011058 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 Plaza Hose Company No 1 is a unknown nonprofit based in Red Bank, New Jersey, with reported revenue of $192K and assets of $1.9M. Our AI analysis assigns a Mission Score of 75/100 (Good). The organization reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is highly unusual and warrants further investigation into how leadership is compensated or if services are entirely volunteer-based. Revenue has grown +103% across 13 filing periods.