Great River Revelry

Great River Revelry reports zero revenue and minimal expenses in its latest filing, continuing a trend of very small-scale operations.

EIN: 10731041 · Davenport, IA · NTEE: A60 · Updated: 2026-03-27

$0Revenue

$2KAssets

70/100Mission Score (Good)

A60

About Great River Revelry

Great River Revelry (EIN: 10731041) is a nonprofit organization based in Davenport, IA, classified under NTEE code A60. The organization reported total revenue of $0 and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great River Revelry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Great River Revelry appears to be a very small organization with minimal financial activity, particularly in its latest filing period (202107) where it reported $0 in revenue and only $262 in expenses. Historically, its revenue and expenses have hovered around $60,000-$115,000 annually. The organization consistently maintains very low assets, peaking at $9,975 in 201307 and currently standing at $2,333, with no reported liabilities across all periods, indicating a stable but extremely modest financial base. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven or very lean operational structure, which can be a positive for donor confidence regarding overhead. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging beyond the observation of minimal officer compensation. The organization's transparency is good in terms of filing history and consistent reporting of key financial metrics, but the small scale of operations limits the depth of analysis possible.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Great River Revelry with a Mission Score of 70 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: 10%
programs: 80%
fundraising: 10%

According to IRS 990 filings, Great River Revelry allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all filing periods, indicating that officers are not compensated, which is highly unusual for an organization with historical revenues up to $115,000 and suggests a volunteer-led structure.

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 Great River Revelry's IRS 990 filings:

Zero revenue reported in the latest filing period (202107), indicating potential operational issues or dormancy.
Extremely low and fluctuating asset base, suggesting limited financial reserves for future operations.

Strengths

The following positive indicators were identified for Great River Revelry:

Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and low administrative overhead in this area.
No reported liabilities across all filing periods, demonstrating financial stability and no outstanding debt.
Consistent IRS 990 filing history (10 filings), indicating good compliance and transparency.

Frequently Asked Questions about Great River Revelry

What is the primary mission and program activity of Great River Revelry, given its NTEE code A60 (Arts & Culture)?

The provided data does not detail the specific program activities, but the NTEE code A60 suggests a focus on arts and culture. Further information would be needed to understand their specific impact.

Why did Great River Revelry report $0 in revenue and only $262 in expenses for the 202107 period?

This significant drop from previous years' revenues (e.g., $85,946 in 202007) could indicate a temporary halt in operations, a change in reporting, or a period of dormancy. Without additional context, the reason is unclear.

How does Great River Revelry sustain its operations with such low asset levels and fluctuating revenues?

The organization appears to operate on a very lean, possibly cash-basis model, with expenses closely matching revenues in most years. The consistent lack of liabilities suggests they do not carry debt, which is a strength for a small organization.

Filing History

IRS 990 filing history for Great River Revelry showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2021), Great River Revelry's revenue has declined by 100%, moving from $85K to $0. Total assets decreased by 76.2% over the same period, from $10K to $2K. Total functional expenses fell by 99.7%, from $81K to $262.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2021	$0	$262	$2K	$0	—	—
2020	$86K	$85K	$3K	$0	—	View 990
2019	$102K	$103K	$1K	$0	—	View 990
2018	$94K	$93K	$3K	$0	—	—
2017	$87K	$88K	$2K	$0	—	View 990
2016	$113K	$115K	$3K	$0	—	View 990
2015	$77K	$76K	$5K	$0	—	View 990
2014	$63K	$68K	$4K	$0	—	View 990
2013	$62K	$62K	$10K	$0	—	View 990
2012	$85K	$81K	$10K	$0	—	View 990

Year-by-Year Financial Summary

2021: Revenue of $0, expenses of $262, and assets of $2K (revenue -100.0% year-over-year).
2020: Revenue of $86K, expenses of $85K, and assets of $3K (revenue -15.4% year-over-year).
2019: Revenue of $102K, expenses of $103K, and assets of $1K (revenue +7.6% year-over-year).
2018: Revenue of $94K, expenses of $93K, and assets of $3K (revenue +8.5% year-over-year).
2017: Revenue of $87K, expenses of $88K, and assets of $2K (revenue -23.3% year-over-year).
2016: Revenue of $113K, expenses of $115K, and assets of $3K (revenue +48.2% year-over-year).
2015: Revenue of $77K, expenses of $76K, and assets of $5K (revenue +22.4% year-over-year).
2014: Revenue of $63K, expenses of $68K, and assets of $4K (revenue +0.7% year-over-year).
2013: Revenue of $62K, expenses of $62K, and assets of $10K (revenue -27.2% year-over-year).
2012: Revenue of $85K, expenses of $81K, and assets of $10K.

Data Sources and Methodology

This transparency report for Great River Revelry 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.