Quick charity verification for Riverwalk Education Foundation Inc (EIN: 10758906)
Verdict: Riverwalk Education Foundation Inc appears trustworthy
85/100Mission Score
$141.9MRevenue
$441.9MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation.
High liabilities relative to assets, with liabilities reaching $394.7 million in 2023, suggesting potential reliance on debt or restricted funds.
Strengths
Significant and consistent revenue growth over the past decade, from $15.8 million in 2014 to $141.9 million currently.
Strong program spending, indicating a high percentage of funds are directed towards its mission.
Substantial asset growth, with assets increasing from $13.5 million in 2014 to $441.9 million currently.
Spending Breakdown
How Riverwalk Education Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Riverwalk Education Foundation Inc
Is Riverwalk Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverwalk Education Foundation Inc (EIN: 10758906) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Riverwalk Education Foundation Inc a good charity to donate to?
Riverwalk Education Foundation Inc has a Mission Score of 85/100. Revenue: $141.9M. Assets: $441.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Riverwalk Education Foundation Inc?
The Employer Identification Number (EIN) for Riverwalk Education Foundation Inc is 10758906. 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 Riverwalk Education Foundation Inc spend its money?
Riverwalk Education Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Riverwalk Education Foundation Inc's tax-exempt status?
You can verify Riverwalk Education Foundation Inc's tax-exempt status using EIN 10758906 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
Riverwalk Education Foundation Inc demonstrates significant growth in its financial operations, with revenue increasing from $15.8 million in 2014 to over $141.9 million currently. The organization consistently spends close to its revenue, indicating active program delivery rather than significant accumulation of unrestricted reserves. For instance, in 2023, expenses were $133.3 million against $128.4 million in revenue, showing a slight operational deficit for that period. The asset base has also expanded substantially, reaching $441.9 million, though a significant portion is offset by liabilities, suggesting a reliance on debt or restricted funds for asset acquisition. The consistent reporting of 0% officer compensation across all filings indicates strong transparency regarding executive pay, as it suggests either a volunteer-led executive team or compensation is not reported in this category, which warrants further investigation for complete understanding.