Is Riverside School Parent Teacher…

Quick charity verification for Riverside School Parent Teacher Organization Inc (EIN: 10634308)

Strengths

Consistent 0% officer compensation, indicating a volunteer-driven model and high efficiency.
Zero liabilities reported across all ten filings, demonstrating strong financial management and no debt.
Significant revenue growth in recent years, from $34,820 in 2021 to $149,447 in 2024.
Consistent asset growth over time, from $48,421 in 2012 to $107,774 in 2024, providing a solid financial foundation.
Regular and consistent IRS 990 filings over a decade, indicating good transparency and compliance.

Spending Breakdown

How Riverside School Parent Teacher Organization Inc allocates its funds across programs, administration, and fundraising.

90%

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 Riverside School Parent Teacher Organization Inc

Is Riverside School Parent Teacher Organization Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Riverside School Parent Teacher Organization Inc (EIN: 10634308) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Riverside School Parent Teacher Organization Inc a good charity to donate to?

Riverside School Parent Teacher Organization Inc has a Mission Score of 92/100. Revenue: $181K. Assets: $147K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Riverside School Parent Teacher Organization Inc?

The Employer Identification Number (EIN) for Riverside School Parent Teacher Organization Inc is 10634308. 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 School Parent Teacher Organization Inc spend its money?

Riverside School Parent Teacher Organization Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Riverside School Parent Teacher Organization Inc's tax-exempt status?

You can verify Riverside School Parent Teacher Organization Inc's tax-exempt status using EIN 10634308 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 School Parent Teacher Organization Inc demonstrates a generally healthy financial position, with assets consistently exceeding liabilities across all reported periods, indicating good fiscal management. The organization's revenue has shown significant growth, particularly from $34,820 in 2021 to $149,447 in 2024, reflecting increased community engagement or fundraising success. While the 2024 filing shows expenses ($192,968) exceeding revenue ($149,447), leading to a deficit for that year, this appears to be an anomaly in an otherwise positive trend of managing expenses relative to income. The consistent reporting of zero officer compensation across all filings suggests a volunteer-driven model, which is a strong indicator of efficiency and dedication to its mission.

The organization's financial health is further bolstered by its asset growth, from $48,421 in 2012 to $107,774 in 2024, providing a solid foundation for its operations. The absence of liabilities throughout its filing history is a significant strength, indicating responsible financial practices and avoiding debt. The NTEE code B94 (Parent or Booster Clubs) aligns with its name, suggesting a clear programmatic focus. The consistent filing of IRS Form 990s over a decade demonstrates a commitment to transparency.

Given the nature of a PTO, most expenses are typically program-related, directly supporting school activities and resources. The lack of officer compensation means that nearly all funds raised are available for programmatic use or administrative support. The 2024 deficit, while notable, could be due to a specific large project or investment, and should be monitored in future filings. Overall, the organization appears to be financially sound, efficient in its spending by relying on volunteers, and transparent in its reporting.

Is Riverside School Parent Teacher Organization Inc Legit?

Verdict: Riverside School Parent Teacher Organization Inc appears trustworthy

Red Flags