Riff Inc
Riff Inc. maintains stable finances with no executive compensation, showing asset growth despite fluctuating revenues.
EIN: 134236082 · Rome, GA · NTEE: A99 · Updated: 2026-03-28
Is Riff Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riff Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riff Inc
Riff Inc (EIN: 134236082) is a nonprofit organization based in Rome, GA, classified under NTEE code A99. The organization reported total revenue of $183K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riff Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riff Inc is a small nonprofit that has been operating for 23 years, with 4 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $151K |
| Surplus / Deficit | $-9,218 |
| Total Assets | $24K |
| Total Liabilities | $1K |
| Net Assets | $23K |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Riff Inc reported a deficit of $9K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 4 years of filings (2010–2023), Riff Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.4% | +0.4% | -25.1% |
| 2022 | +98.8% | +65.5% | +86.5% |
| 2021 | +122.3% | +122.9% | +217.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
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 Riff Inc with a Mission Score of 85 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, Riff Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Executive Compensation Analysis
Riff Inc. reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size and suggests a strong focus on mission-related spending.
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.
Strengths
The following positive indicators were identified for Riff Inc:
- Consistent 0% officer compensation across all filings, indicating strong mission focus.
- Positive trend in asset growth, from $5,405 in 2010 to $57,357 currently.
- Generally stable financial management with revenues often exceeding or closely matching expenses.
- Low or zero liabilities in recent periods, indicating good financial health.
Frequently Asked Questions about Riff Inc
Is Riff Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Riff Inc (EIN: 134236082) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Riff Inc spend its money?
Riff Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Riff Inc tax-deductible?
Riff Inc is registered as a tax-exempt nonprofit (EIN: 134236082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Riff Inc. a good charity?
Based on the available IRS 990 data, Riff Inc. appears to be a well-managed charity. It consistently reports 0% officer compensation, indicating a strong commitment to its mission. The organization has also shown consistent asset growth and generally manages its expenses within its revenue, suggesting financial prudence.
How has Riff Inc.'s financial health changed over time?
Riff Inc. has shown significant financial growth since 2010, with assets increasing from $5,405 to $57,357. While revenues have fluctuated, the organization has generally maintained a positive financial position, with recent periods showing revenues closely matching or exceeding expenses, except for a slight deficit in 2023.
Does Riff Inc. spend efficiently?
The absence of officer compensation (0% reported) strongly suggests efficient spending, as all funds are directed away from executive salaries. While specific program spending ratios are not detailed in the provided data, this fact alone is a significant indicator of efficiency.
Filing History
IRS 990 filing history for Riff Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2010–2023), Riff Inc's revenue has grown by 274%, moving from $38K to $142K. Total assets increased by 343% over the same period, from $5K to $24K. Total functional expenses rose by 270.4%, from $41K to $151K. In its most recent filing year (2023), Riff Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1K in liabilities against $24K in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $151K | $24K | $1K | — | — |
| 2022 | $168K | $151K | $32K | $0 | — | View 990 |
| 2021 | $84K | $91K | $17K | $0 | — | View 990 |
| 2010 | $38K | $41K | $5K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $151K, and assets of $24K (revenue -15.4% year-over-year).
- 2022: Revenue of $168K, expenses of $151K, and assets of $32K (revenue +98.8% year-over-year).
- 2021: Revenue of $84K, expenses of $91K, and assets of $17K (revenue +122.3% year-over-year).
- 2010: Revenue of $38K, expenses of $41K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riff Inc:
Data Sources and Methodology
This transparency report for Riff Inc 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.