Rdwa 8

Rdwa 8 shows consistent revenue growth and strong financial health with no reported officer compensation.

EIN: 111653210 · Long Is City, NY · Updated: 2026-03-28

$40.8MRevenue

$47.7MAssets

90/100Mission Score (Excellent)

About Rdwa 8

Rdwa 8 (EIN: 111653210) is a nonprofit organization based in Long Is City, NY. The organization reported total revenue of $40.8M and total assets of $47.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rdwa 8's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Rdwa 8 demonstrates consistent financial growth and strong program spending efficiency over the past decade. The organization's revenue has steadily increased from $9.3 million in 2014 to $36.4 million in 2023, indicating robust fundraising or operational expansion. With expenses consistently below revenue in most recent years, such as $33.3 million in expenses against $36.4 million in revenue in 2023, Rdwa 8 is building its asset base, which stood at $43.5 million in 2023. This growth in assets, coupled with a healthy current ratio (assets to liabilities), suggests financial stability.

The organization's commitment to its mission is evident in its spending patterns. While specific program, administrative, and fundraising breakdowns are not provided in the summary data, the consistent positive net income (revenue minus expenses) suggests efficient management of resources. The reported 0% officer compensation across all filings is a significant indicator of either a volunteer-led executive team or that executive compensation is categorized differently, which would warrant further investigation for full transparency. However, on the surface, it suggests a high degree of financial prudence regarding top-level salaries.

Overall, Rdwa 8 appears to be a financially healthy and growing organization. Its consistent revenue growth, prudent expense management, and increasing asset base point to a well-managed entity. The lack of reported officer compensation is a notable point for transparency, potentially indicating a highly efficient and mission-focused leadership structure, or a need for deeper scrutiny into compensation reporting practices.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rdwa 8 with a Mission Score of 90 out of 100 (Excellent). 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: 85%
fundraising: 5%

According to IRS 990 filings, Rdwa 8 allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The reported 0% officer compensation across all available filings is highly unusual for an organization of this size ($36.4 million in revenue in 2023) and suggests either a fully volunteer executive team or that compensation is reported under different categories, which would require further investigation for complete transparency.

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 Rdwa 8's IRS 990 filings:

Unusually low (0%) reported officer compensation, which may indicate a reporting anomaly or a need for further clarification on executive remuneration practices.

Strengths

The following positive indicators were identified for Rdwa 8:

Consistent and significant revenue growth, from $9.3 million in 2014 to $36.4 million in 2023.
Strong financial health with assets consistently growing and exceeding liabilities.
Prudent expense management, with expenses generally lower than revenue in recent years, leading to asset accumulation.
Implied high program efficiency given the 0% reported officer compensation, suggesting resources are directed away from top-heavy salaries.

Frequently Asked Questions about Rdwa 8

How does Rdwa 8 manage to have 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It suggests either a fully volunteer executive leadership or that executive compensation is categorized and reported under other expense lines, which would require a deeper dive into the full IRS 990 forms to understand.

What are the primary sources of Rdwa 8's revenue growth?

The provided data shows a consistent increase in revenue from $9.3 million in 2014 to $36.4 million in 2023. Without detailed breakdowns, it's not possible to pinpoint specific sources, but this growth indicates successful fundraising efforts, expansion of services, or increased government grants/contracts.

Is Rdwa 8 financially stable?

Yes, Rdwa 8 appears financially stable. Its assets have grown significantly from $12.9 million in 2014 to $43.5 million in 2023, and its liabilities are well-managed relative to its assets (e.g., $9.1 million in liabilities against $43.5 million in assets in 2023). The organization consistently generates more revenue than expenses in recent years, contributing to its asset growth.

Filing History

IRS 990 filing history for Rdwa 8 showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Rdwa 8's revenue has grown by 338%, moving from $8.3M to $36.5M. Total assets increased by 226.3% over the same period, from $13.4M to $43.6M. Total functional expenses rose by 362.4%, from $7.2M to $33.4M. In its most recent filing year (2023), Rdwa 8 reported a surplus of $3.1M, with revenue exceeding expenses. The organization holds $9.1M in liabilities against $43.6M in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $34.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$36.5M	$33.4M	$43.6M	$9.1M	—	—
2022	$34.6M	$32.2M	$38.4M	$7.5M	—	—
2021	$31.9M	$30.7M	$37.3M	$7.0M	—	View 990
2020	$28.1M	$27.0M	$34.3M	$4.9M	—	View 990
2019	$34.7M	$30.8M	$36.1M	$8.3M	—	View 990
2018	$26.0M	$26.6M	$30.8M	$7.5M	—	View 990
2017	$25.8M	$22.3M	$29.9M	$5.8M	—	View 990
2016	$22.4M	$21.5M	$27.3M	$6.7M	—	View 990
2015	$13.6M	$12.7M	$14.0M	$1.2M	—	View 990
2014	$9.3M	$11.3M	$12.9M	$1.0M	—	View 990
2013	$9.6M	$8.4M	$14.8M	$1.1M	—	View 990
2012	$8.6M	$7.9M	$13.6M	$1.0M	—	View 990
2011	$8.3M	$7.2M	$13.4M	$1.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $36.5M, expenses of $33.4M, and assets of $43.6M (revenue +5.5% year-over-year).
2022: Revenue of $34.6M, expenses of $32.2M, and assets of $38.4M (revenue +8.4% year-over-year).
2021: Revenue of $31.9M, expenses of $30.7M, and assets of $37.3M (revenue +13.4% year-over-year).
2020: Revenue of $28.1M, expenses of $27.0M, and assets of $34.3M (revenue -19.0% year-over-year).
2019: Revenue of $34.7M, expenses of $30.8M, and assets of $36.1M (revenue +33.7% year-over-year).
2018: Revenue of $26.0M, expenses of $26.6M, and assets of $30.8M (revenue +0.7% year-over-year).
2017: Revenue of $25.8M, expenses of $22.3M, and assets of $29.9M (revenue +15.0% year-over-year).
2016: Revenue of $22.4M, expenses of $21.5M, and assets of $27.3M (revenue +64.4% year-over-year).
2015: Revenue of $13.6M, expenses of $12.7M, and assets of $14.0M (revenue +46.0% year-over-year).
2014: Revenue of $9.3M, expenses of $11.3M, and assets of $12.9M (revenue -2.2% year-over-year).
2013: Revenue of $9.6M, expenses of $8.4M, and assets of $14.8M (revenue +10.6% year-over-year).
2012: Revenue of $8.6M, expenses of $7.9M, and assets of $13.6M (revenue +3.9% year-over-year).
2011: Revenue of $8.3M, expenses of $7.2M, and assets of $13.4M.

Data Sources and Methodology

This transparency report for Rdwa 8 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.