Goddard Riverside Community Center
Goddard Riverside Community Center maintains substantial assets despite recent operating deficits and unusual officer compensation reporting.
EIN: 131893908 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $69.6M |
| Total Expenses | $35.1M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $90.1M |
| Transparency Score | 65/100 |
Is Goddard Riverside Community Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Goddard Riverside Community Center directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Goddard Riverside Community Center
Goddard Riverside Community Center (EIN: 131893908) is a nonprofit organization based in New York, NY. The organization reported total revenue of $69.6M and total assets of $125.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goddard Riverside Community Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goddard Riverside Community Center is a major nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31.4M |
| Total Expenses | $35.1M |
| Surplus / Deficit | $-3,647,434 |
| Total Assets | $111.1M |
| Total Liabilities | $20.9M |
| Net Assets | $90.1M |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 18.9% |
| Months of Reserves | 38.0 months |
Financial Health Grade: B
In 2023, Goddard Riverside Community Center reported a deficit of $3.6M with expenses exceeding revenue, holds 38.0 months of operating reserves (strong position), has a debt-to-asset ratio of 18.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Goddard Riverside Community Center's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.3% | +4.5% | +9.6% |
| 2022 | +2.6% | +9.2% | -8.9% |
| 2021 | -70.6% | +3.2% | +6.9% |
| 2020 | +268.4% | +3.0% | +217.5% |
| 2019 | +0.7% | +11.4% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Goddard Riverside Community Center with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Goddard Riverside Community Center allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.9%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with annual revenues in the tens of millions and assets exceeding $100 million, suggesting a potential lack of transparency in executive remuneration disclosure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Goddard Riverside Community Center's IRS 990 filings:
- Consistent 0% officer compensation reported, raising transparency concerns about executive pay.
- Expenses exceeding revenue in recent fiscal periods (e.g., 2023, 2022, 2021), indicating operating deficits.
- Lack of detailed functional expense breakdown in provided data, hindering precise assessment of program efficiency.
Strengths
The following positive indicators were identified for Goddard Riverside Community Center:
- Strong and growing asset base, with latest assets at $125,390,828, providing financial stability.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance.
- Significant revenue generation, typically in the $27-$33 million range annually, supporting substantial operations.
Frequently Asked Questions about Goddard Riverside Community Center
Is Goddard Riverside Community Center a legitimate charity?
Goddard Riverside Community Center (EIN: 131893908) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $69.6M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Goddard Riverside Community Center spend its money?
Goddard Riverside Community Center directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Goddard Riverside Community Center tax-deductible?
Goddard Riverside Community Center is registered as a tax-exempt nonprofit (EIN: 131893908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Goddard Riverside Community Center CEO make?
Goddard Riverside Community Center's highest-compensated officer earns $100 annually. The organization reported $69.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Goddard Riverside Community Center's spending goes to programs?
Goddard Riverside Community Center directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Goddard Riverside Community Center located?
Goddard Riverside Community Center is headquartered in New York, New York and files with the IRS under EIN 131893908.
How many years of IRS 990 filings does Goddard Riverside Community Center have?
Goddard Riverside Community Center has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $69.6M in total revenue.
Is Goddard Riverside Community Center a good charity?
The organization has a strong asset base and provides significant community services. However, the consistent reporting of 0% officer compensation raises transparency concerns regarding executive pay, and recent years show expenses exceeding revenue, which warrants further investigation into sustainability.
Why is officer compensation reported as 0% across all filings?
This is highly unusual for an organization of this size and suggests that executive compensation may be reported under different categories or is not being fully disclosed in the 'Officer Comp' section of the provided data, impacting transparency.
What caused the significant revenue spike in 2020?
The revenue jump from $27,097,615 in 2019 to $99,835,909 in 2020 is substantial and likely indicates a large one-time grant, capital campaign success, or specific government funding related to that period. Further investigation into the 2020 990 filing would be needed to identify the specific source.
Are the recent operating deficits sustainable?
In 2023, expenses exceeded revenue by over $3.6 million, and similar trends are seen in 2022 and 2021. While the organization has a strong asset base ($125,390,828), sustained operating deficits could erode reserves over time and impact long-term financial stability if not addressed.
How does the organization manage its liabilities?
Liabilities have generally been well-managed relative to assets, though they have increased in recent years, reaching $20,946,136 in 2023. Given the substantial asset base, the organization appears capable of covering its liabilities.
Filing History
IRS 990 filing history for Goddard Riverside Community Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Goddard Riverside Community Center's revenue has grown by 28.9%, moving from $24.4M to $31.4M. Total assets increased by 376.1% over the same period, from $23.3M to $111.1M. Total functional expenses rose by 57.9%, from $22.2M to $35.1M. In its most recent filing year (2023), Goddard Riverside Community Center reported a deficit of $3.6M, with expenses exceeding revenue. The organization holds $20.9M in liabilities against $111.1M in assets (debt-to-asset ratio: 18.9%), resulting in net assets of $90.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31.4M | $35.1M | $111.1M | $20.9M | — | — |
| 2022 | $30.1M | $33.6M | $101.3M | $14.6M | — | View 990 |
| 2021 | $29.4M | $30.7M | $111.3M | $11.9M | — | — |
| 2020 | $99.8M | $29.8M | $104.0M | $9.5M | — | View 990 |
| 2019 | $27.1M | $28.9M | $32.8M | $8.7M | — | View 990 |
| 2018 | $26.9M | $26.0M | $36.1M | $10.1M | — | View 990 |
| 2017 | $28.9M | $30.1M | $31.8M | $6.2M | — | View 990 |
| 2016 | $33.6M | $27.3M | $32.0M | $7.0M | — | View 990 |
| 2015 | $26.3M | $27.5M | $27.4M | $8.1M | — | View 990 |
| 2014 | $27.6M | $26.8M | $28.4M | $7.6M | — | View 990 |
| 2013 | $25.6M | $26.0M | $25.7M | $6.5M | — | View 990 |
| 2012 | $24.5M | $25.1M | $23.9M | $5.5M | — | View 990 |
| 2011 | $24.4M | $22.2M | $23.3M | $4.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31.4M, expenses of $35.1M, and assets of $111.1M (revenue +4.3% year-over-year).
- 2022: Revenue of $30.1M, expenses of $33.6M, and assets of $101.3M (revenue +2.6% year-over-year).
- 2021: Revenue of $29.4M, expenses of $30.7M, and assets of $111.3M (revenue -70.6% year-over-year).
- 2020: Revenue of $99.8M, expenses of $29.8M, and assets of $104.0M (revenue +268.4% year-over-year).
- 2019: Revenue of $27.1M, expenses of $28.9M, and assets of $32.8M (revenue +0.7% year-over-year).
- 2018: Revenue of $26.9M, expenses of $26.0M, and assets of $36.1M (revenue -6.9% year-over-year).
- 2017: Revenue of $28.9M, expenses of $30.1M, and assets of $31.8M (revenue -13.9% year-over-year).
- 2016: Revenue of $33.6M, expenses of $27.3M, and assets of $32.0M (revenue +27.9% year-over-year).
- 2015: Revenue of $26.3M, expenses of $27.5M, and assets of $27.4M (revenue -4.8% year-over-year).
- 2014: Revenue of $27.6M, expenses of $26.8M, and assets of $28.4M (revenue +7.8% year-over-year).
- 2013: Revenue of $25.6M, expenses of $26.0M, and assets of $25.7M (revenue +4.4% year-over-year).
- 2012: Revenue of $24.5M, expenses of $25.1M, and assets of $23.9M (revenue +0.5% year-over-year).
- 2011: Revenue of $24.4M, expenses of $22.2M, and assets of $23.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goddard Riverside Community Center:
Data Sources and Methodology
This transparency report for Goddard Riverside Community Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.