Is Riverhead Charter School Legit? —…

Spending Breakdown

How Riverhead Charter School allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Riverhead Charter School

Is Riverhead Charter School a legitimate charity?

Based on AI analysis of IRS 990 filings, Riverhead Charter School (EIN: 113533719) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Riverhead Charter School a good charity to donate to?

Riverhead Charter School has a Mission Score of 85/100. Revenue: $19.2M. Assets: $40.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Riverhead Charter School?

The Employer Identification Number (EIN) for Riverhead Charter School is 113533719. 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 Riverhead Charter School spend its money?

Riverhead Charter School allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Riverhead Charter School's tax-exempt status?

You can verify Riverhead Charter School's tax-exempt status using EIN 113533719 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

Riverhead Charter School demonstrates consistent financial growth and appears to manage its expenses effectively. Over the past decade, revenue has steadily increased from $5,083,422 in 2014 to $16,729,467 in 2023, indicating strong support and expansion. The organization consistently maintains a positive net income, with revenues exceeding expenses in all reported periods, contributing to a healthy growth in assets from $28,755,450 to $39,030,055 over the same timeframe. This suggests sound financial management and an ability to build reserves.

The school's spending efficiency is commendable, with expenses consistently lower than revenues, allowing for asset accumulation. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health appears robust. The absence of reported officer compensation across all filings suggests either a volunteer board or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs if not clearly disclosed elsewhere. However, the consistent growth in assets and revenue, coupled with controlled expenses, points to a well-managed operation focused on its mission.

Is Riverhead Charter School Legit?

Verdict: Riverhead Charter School appears trustworthy

Red Flags

Strengths