Is River Vale Educational Fund Inc Legit? —…

Quick charity verification for River Vale Educational Fund Inc (EIN: 113830615)

Strengths

Consistent asset growth, from $1,226,863 in 2020 to $2,386,984 in 2024.
No reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Consistent financial surpluses in most recent years, such as $310,832 in 2024 ($1,592,294 revenue - $1,281,462 expenses).
Strong program spending ratio due to minimal administrative and fundraising overhead.
Healthy asset-to-liability ratio, with $2,386,984 in assets against $262,391 in liabilities in 2024.

Spending Breakdown

How River Vale Educational Fund Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Vale Educational Fund Inc

Is River Vale Educational Fund Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, River Vale Educational Fund Inc (EIN: 113830615) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is River Vale Educational Fund Inc a good charity to donate to?

River Vale Educational Fund Inc has a Mission Score of 92/100. Revenue: $1.8M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for River Vale Educational Fund Inc?

The Employer Identification Number (EIN) for River Vale Educational Fund Inc is 113830615. 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 Vale Educational Fund Inc spend its money?

River Vale Educational Fund Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify River Vale Educational Fund Inc's tax-exempt status?

You can verify River Vale Educational Fund Inc's tax-exempt status using EIN 113830615 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

The River Vale Educational Fund Inc demonstrates consistent financial growth and strong program focus. Over the past five years, the organization has seen its assets grow from $1,226,863 in 2020 to $2,386,984 in 2024, indicating effective asset management and financial stability. Revenue has fluctuated but generally trended upwards, with the latest filing showing $1,592,294 in revenue against $1,281,462 in expenses, resulting in a surplus that contributes to asset growth. The organization's commitment to its mission is evident in its spending patterns, with a significant portion of its expenses directed towards program services.

The organization appears to be financially healthy, consistently operating with a surplus in most recent years, which allows for reinvestment into its educational initiatives. Its liabilities are manageable relative to its assets, suggesting a low financial risk. The absence of officer compensation reported across all filings indicates a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency and dedication to mission over personal gain. This structure likely contributes to a higher proportion of funds being available for direct program activities.

Transparency is generally good, with consistent IRS 990 filings available. The detailed financial data provided allows for a clear understanding of the organization's financial operations. The lack of reported officer compensation further enhances its transparency profile, as it removes a common area of scrutiny for non-profits. Overall, the River Vale Educational Fund Inc presents as a well-managed and financially sound organization with a clear dedication to its educational mission.

Is River Vale Educational Fund Inc Legit?

Verdict: River Vale Educational Fund Inc appears trustworthy