Is Riverside Center For The Performing Arts Legit?
Quick charity verification for Riverside Center For The Performing Arts (EIN: 204771872)
Verdict: Riverside Center For The Performing Arts appears trustworthy
70/100Mission Score
$4.0MRevenue
$1.7MAssets
2Red Flags
3Strengths
Red Flags
Lack of recent detailed expense breakdown for current revenue
Unusually low (0%) officer compensation reported in 2015, which may not reflect current practices
Strengths
Significant revenue growth from $178,379 in 2015 to $3,995,751 currently
Substantial increase in assets from $176,598 to $1,674,014
No liabilities reported in the 2015 filing, indicating initial financial stability
Spending Breakdown
How Riverside Center For The Performing Arts allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Riverside Center For The Performing Arts
Is Riverside Center For The Performing Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverside Center For The Performing Arts (EIN: 204771872) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Riverside Center For The Performing Arts a good charity to donate to?
Riverside Center For The Performing Arts has a Mission Score of 70/100. Revenue: $4.0M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Riverside Center For The Performing Arts?
The Employer Identification Number (EIN) for Riverside Center For The Performing Arts is 204771872. 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 Riverside Center For The Performing Arts spend its money?
Riverside Center For The Performing Arts allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Riverside Center For The Performing Arts's tax-exempt status?
You can verify Riverside Center For The Performing Arts's tax-exempt status using EIN 204771872 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
Riverside Center For The Performing Arts, with an EIN of 204771872, shows a significant increase in financial activity from its initial filing in 2015 to its latest reported revenue of $3,995,751. In 2015, the organization reported revenue of $178,379 and expenses of $9,044, indicating a very lean operation with substantial net assets. The latest data, while lacking detailed expense breakdowns, suggests a much larger operational scale. The absence of liabilities in the 2015 filing is a positive indicator of financial stability at that time. To fully assess current financial health and spending efficiency, more recent detailed expense data would be necessary, particularly to understand how the substantial revenue growth is being allocated across programs, administration, and fundraising.