Quick charity verification for Riverzedge Arts Project (EIN: 134206227)
Verdict: Riverzedge Arts Project appears trustworthy
90/100Mission Score
$557KRevenue
$708KAssets
1Red Flags
4Strengths
Red Flags
Operating deficit in the latest fiscal year (202312), with expenses ($850,590) exceeding revenue ($766,141).
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and transparency.
Strong asset growth over time, from $178,778 in 2016 to $826,774 in 2023, demonstrating effective financial management.
Assets consistently exceed liabilities, indicating a healthy balance sheet and financial resilience.
Positive net income in multiple recent years (e.g., 2022: $858,675 revenue vs. $775,146 expenses; 2021: $739,892 revenue vs. $552,375 expenses).
Spending Breakdown
How Riverzedge Arts Project allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Riverzedge Arts Project
Is Riverzedge Arts Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverzedge Arts Project (EIN: 134206227) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Riverzedge Arts Project a good charity to donate to?
Riverzedge Arts Project has a Mission Score of 90/100. Revenue: $557K. Assets: $708K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Riverzedge Arts Project?
The Employer Identification Number (EIN) for Riverzedge Arts Project is 134206227. 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 Riverzedge Arts Project spend its money?
Riverzedge Arts Project allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Riverzedge Arts Project's tax-exempt status?
You can verify Riverzedge Arts Project's tax-exempt status using EIN 134206227 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
Riverzedge Arts Project demonstrates a generally stable financial position, with assets consistently exceeding liabilities across the reviewed periods. While revenue and expenses have fluctuated, the organization has maintained a positive net asset position. For instance, in 2023, assets were $826,774 against liabilities of $85,047, indicating a healthy balance sheet. The organization's consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice also suggests a volunteer-led or very modestly compensated leadership structure, which can be a positive sign for donors.
However, the latest filing (202312) shows expenses ($850,590) exceeding revenue ($766,141), resulting in a deficit for that period. While a single year's deficit isn't necessarily alarming, especially following a surplus in 2022 ($858,675 revenue vs. $775,146 expenses), it warrants monitoring to ensure long-term financial sustainability. The consistent growth in assets from $178,778 in 2016 to $826,774 in 2023 suggests effective financial management over time, building reserves. The absence of reported officer compensation also contributes significantly to a positive perception of financial transparency and efficiency.