Quick charity verification for Riverside Educational Center (EIN: 205451495)
Verdict: Riverside Educational Center appears trustworthy
95/100Mission Score
$6.4MRevenue
$5.2MAssets
1Red Flags
5Strengths
Red Flags
Unusually low liabilities in some years (e.g., $0 in 2017 and 2018) which might warrant further inquiry into financial structure.
Strengths
Exceptional revenue growth, from $241,398 in 2014 to $6,672,486 in 2023.
Consistent reporting of 0% officer compensation, indicating strong financial stewardship and mission focus.
Healthy financial surpluses, such as in 2023 where revenue ($6,672,486) significantly exceeded expenses ($4,366,680).
Significant growth in assets, from $189,086 in 2014 to $3,109,137 in 2023, demonstrating increasing financial stability.
Strong program spending focus due to the absence of executive compensation.
Spending Breakdown
How Riverside Educational Center allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Riverside Educational Center
Is Riverside Educational Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverside Educational Center (EIN: 205451495) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Riverside Educational Center a good charity to donate to?
Riverside Educational Center has a Mission Score of 95/100. Revenue: $6.4M. Assets: $5.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Riverside Educational Center?
The Employer Identification Number (EIN) for Riverside Educational Center is 205451495. 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 Educational Center spend its money?
Riverside Educational Center allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Riverside Educational Center's tax-exempt status?
You can verify Riverside Educational Center's tax-exempt status using EIN 205451495 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 Educational Center demonstrates strong financial health and growth, with revenue increasing significantly from $241,398 in 2014 to $6,672,486 in 2023. This substantial growth indicates increasing support and capacity for its programs. The organization consistently reports zero officer compensation, which is a notable indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. Their asset base has also grown considerably, from $189,086 in 2014 to $3,109,137 in 2023, suggesting prudent financial management and accumulation of resources. The organization's spending efficiency appears robust, with expenses in 2023 at $4,366,680 against revenues of $6,672,486, indicating a healthy surplus that can be reinvested or used to build reserves. The consistent lack of reported officer compensation across all filings further enhances their transparency profile.