Consistent reporting of 0% officer compensation, which may obscure actual executive remuneration.
Strengths
Substantial and stable asset base ($15,390,088 in 202312) providing financial stability.
Consistent filing history (14 filings) indicating good compliance with IRS reporting requirements.
Spending Breakdown
How Riversport Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Riversport Foundation
Is Riversport Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Riversport Foundation (EIN: 201837237) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
Is Riversport Foundation a good charity to donate to?
Riversport Foundation has a Mission Score of 75/100. Revenue: $10.3M. Assets: $16.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Riversport Foundation?
The Employer Identification Number (EIN) for Riversport Foundation is 201837237. 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 Riversport Foundation spend its money?
Riversport Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Riversport Foundation's tax-exempt status?
You can verify Riversport Foundation's tax-exempt status using EIN 201837237 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 Riversport Foundation demonstrates consistent financial activity, with revenues fluctuating but generally in the range of $5M to $10M annually over the past decade. In the latest period (202312), the organization reported revenues of $8,236,588 against expenses of $9,322,015, indicating a deficit for that year. This trend of expenses exceeding revenue has been observed in several past periods, such as 202012 ($5.2M revenue vs. $7.1M expenses) and 201612 ($10.3M revenue vs. $11.6M expenses). Despite these operational deficits, the organization maintains substantial assets, reported at $15,390,088 in 202312, which have remained relatively stable over time, suggesting a solid underlying financial base. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, or that executive compensation is not reported in this category, which warrants further investigation into how leadership is compensated.