Mariano Rivera Foundation
Mariano Rivera Foundation maintains substantial assets with volatile revenue and no reported officer compensation.
EIN: 134076067 · Bear, DE · NTEE: T22 · Updated: 2026-03-28
Is Mariano Rivera Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mariano Rivera Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mariano Rivera Foundation
Mariano Rivera Foundation (EIN: 134076067) is a nonprofit organization based in Bear, DE, classified under NTEE code T22. The organization reported total revenue of $234K and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mariano Rivera Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mariano Rivera Foundation is a small nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $234K |
| Total Expenses | $64K |
| Surplus / Deficit | +$171K |
| Total Assets | $4.5M |
| Total Liabilities | $22K |
| Net Assets | $4.5M |
| Operating Margin | 72.8% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 850.6 months |
Financial Health Grade: A
In 2023, Mariano Rivera Foundation reported a surplus of $171K with revenue exceeding expenses, holds 850.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2023), Mariano Rivera Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.0% | -19.0% | +4.4% |
| 2022 | +32.6% | -76.4% | +0.4% |
| 2021 | -27.8% | +683.0% | -4.8% |
| 2020 | +100.6% | -21.9% | -9.4% |
| 2019 | -89.8% | -90.1% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Mariano Rivera Foundation with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mariano Rivera Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $171K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is a positive sign for resource allocation.
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 Mariano Rivera Foundation's IRS 990 filings:
- Highly volatile revenue stream, making financial planning unpredictable (e.g., $1M in 2012 vs. $81K in 2019).
- Expenses significantly exceeded revenue in 2021 ($334,327 expenses vs. $118,641 revenue), indicating a deficit spending year.
- Relatively low annual expenses compared to substantial assets ($63,833 expenses vs. $4.5M assets in 2023), potentially indicating underutilization of financial capacity for programs.
Strengths
The following positive indicators were identified for Mariano Rivera Foundation:
- Consistently reports 0% officer compensation, indicating efficient use of funds at the executive level.
- Maintains a strong and stable asset base, currently $4,524,494, providing financial security.
- Consistent IRS 990 filing history (10 filings), demonstrating good transparency and compliance.
Frequently Asked Questions about Mariano Rivera Foundation
Is Mariano Rivera Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mariano Rivera Foundation (EIN: 134076067) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Mariano Rivera Foundation spend its money?
Mariano Rivera Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mariano Rivera Foundation tax-deductible?
Mariano Rivera Foundation is registered as a tax-exempt nonprofit (EIN: 134076067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Mariano Rivera Foundation a good charity?
The Mariano Rivera Foundation exhibits several positive attributes, including a strong asset base ($4,524,494 in 2023) and a consistent record of 0% officer compensation, suggesting efficient use of funds at the leadership level. However, its highly volatile revenue stream and relatively low annual expenses compared to its assets raise questions about the scale and impact of its programs. A 'good' charity often balances strong financial health with significant programmatic output.
What is the primary use of the foundation's substantial assets?
While the foundation holds significant assets ($4,524,494 in 2023), the filings do not explicitly detail the specific investments or reserves that comprise these assets, nor do they clearly link them to specific programmatic goals. Further investigation into the asset allocation would be needed to understand their primary use beyond general organizational stability.
Why is the revenue so inconsistent year-over-year?
The revenue of the Mariano Rivera Foundation has been highly inconsistent, ranging from $1,014,666 in 2012 to $81,901 in 2019, and $234,353 in 2023. This volatility could be due to reliance on a few large donors, specific fundraising events, or fluctuating public interest, making long-term financial planning challenging.
Filing History
IRS 990 filing history for Mariano Rivera Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Mariano Rivera Foundation's revenue has declined by 76.9%, moving from $1.0M to $234K. Total assets decreased by 2.6% over the same period, from $4.6M to $4.5M. Total functional expenses fell by 71.8%, from $226K to $64K. In its most recent filing year (2023), Mariano Rivera Foundation reported a surplus of $171K, with revenue exceeding expenses. The organization holds $22K in liabilities against $4.5M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $234K | $64K | $4.5M | $22K | — | — |
| 2022 | $157K | $79K | $4.3M | $3K | — | View 990 |
| 2021 | $119K | $334K | $4.3M | $63K | — | View 990 |
| 2020 | $164K | $43K | $4.5M | $66K | — | View 990 |
| 2019 | $82K | $55K | $5.0M | $3K | — | — |
| 2015 | $800K | $551K | $5.1M | $1 | — | View 990 |
| 2014 | $450K | $480K | $4.8M | $0 | — | View 990 |
| 2014 | $929K | $349K | $4.8M | $1 | — | View 990 |
| 2013 | $468K | $865K | $4.3M | $1 | — | View 990 |
| 2012 | $1.0M | $226K | $4.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $234K, expenses of $64K, and assets of $4.5M (revenue +49.0% year-over-year).
- 2022: Revenue of $157K, expenses of $79K, and assets of $4.3M (revenue +32.6% year-over-year).
- 2021: Revenue of $119K, expenses of $334K, and assets of $4.3M (revenue -27.8% year-over-year).
- 2020: Revenue of $164K, expenses of $43K, and assets of $4.5M (revenue +100.6% year-over-year).
- 2019: Revenue of $82K, expenses of $55K, and assets of $5.0M (revenue -89.8% year-over-year).
- 2015: Revenue of $800K, expenses of $551K, and assets of $5.1M (revenue +78.0% year-over-year).
- 2014: Revenue of $450K, expenses of $480K, and assets of $4.8M (revenue -51.6% year-over-year).
- 2014: Revenue of $929K, expenses of $349K, and assets of $4.8M (revenue +98.7% year-over-year).
- 2013: Revenue of $468K, expenses of $865K, and assets of $4.3M (revenue -53.9% year-over-year).
- 2012: Revenue of $1.0M, expenses of $226K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mariano Rivera Foundation:
Data Sources and Methodology
This transparency report for Mariano Rivera Foundation 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.