Riggs Employees Fund
EIN: 710608123 · Little Rock, AR
| Metric | Value |
|---|---|
| Total Revenue | $343K |
| Total Expenses | $275K |
| Net Assets | $236K |
Is Riggs Employees Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Riggs Employees Fund
Riggs Employees Fund (EIN: 710608123) is a nonprofit organization based in Little Rock, AR. The organization reported total revenue of $343K and total assets of $234K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riggs Employees Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riggs Employees Fund is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $292K |
| Total Expenses | $275K |
| Surplus / Deficit | +$16K |
| Total Assets | $236K |
| Net Assets | $236K |
| Operating Margin | 5.6% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, Riggs Employees Fund reported a surplus of $16K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Riggs Employees Fund's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.9% | +15.4% | +7.4% |
| 2022 | +11.5% | +17.3% | -10.4% |
| 2021 | -1.4% | -14.6% | -4.8% |
| 2020 | -4.1% | +23.2% | -14.7% |
| 2019 | -5.8% | +0.8% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Riggs Employees Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Riggs Employees Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
Frequently Asked Questions about Riggs Employees Fund
Is Riggs Employees Fund a legitimate charity?
Riggs Employees Fund (EIN: 710608123) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $343K. No red flags identified. Financial health grade: A.
How does Riggs Employees Fund spend its money?
Riggs Employees Fund reported $343K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Riggs Employees Fund tax-deductible?
Riggs Employees Fund is registered as a tax-exempt nonprofit (EIN: 710608123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Riggs Employees Fund located?
Riggs Employees Fund is headquartered in Little Rock, Arkansas and files with the IRS under EIN 710608123.
How many years of IRS 990 filings does Riggs Employees Fund have?
Riggs Employees Fund 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 $343K in total revenue.
Filing History
IRS 990 filing history for Riggs Employees Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Riggs Employees Fund's revenue has grown by 259.7%, moving from $81K to $292K. Total assets increased by 243.4% over the same period, from $69K to $236K. Total functional expenses rose by 238.5%, from $81K to $275K. In its most recent filing year (2023), Riggs Employees Fund reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $292K | $275K | $236K | $0 | — | View 990 |
| 2022 | $213K | $238K | $220K | $0 | — | View 990 |
| 2021 | $191K | $203K | $245K | $0 | — | View 990 |
| 2020 | $194K | $238K | $258K | $0 | — | View 990 |
| 2019 | $202K | $193K | $302K | $0 | — | View 990 |
| 2018 | $214K | $192K | $293K | $0 | — | View 990 |
| 2017 | $260K | $241K | $271K | $0 | — | View 990 |
| 2016 | $248K | $165K | $252K | $0 | — | View 990 |
| 2015 | $178K | $80K | $169K | $0 | — | View 990 |
| 2014 | $79K | $73K | $70K | $0 | — | View 990 |
| 2013 | $78K | $76K | $64K | $0 | — | View 990 |
| 2012 | $76K | $82K | $62K | $0 | — | View 990 |
| 2011 | $81K | $81K | $69K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $292K, expenses of $275K, and assets of $236K (revenue +36.9% year-over-year).
- 2022: Revenue of $213K, expenses of $238K, and assets of $220K (revenue +11.5% year-over-year).
- 2021: Revenue of $191K, expenses of $203K, and assets of $245K (revenue -1.4% year-over-year).
- 2020: Revenue of $194K, expenses of $238K, and assets of $258K (revenue -4.1% year-over-year).
- 2019: Revenue of $202K, expenses of $193K, and assets of $302K (revenue -5.8% year-over-year).
- 2018: Revenue of $214K, expenses of $192K, and assets of $293K (revenue -17.5% year-over-year).
- 2017: Revenue of $260K, expenses of $241K, and assets of $271K (revenue +4.8% year-over-year).
- 2016: Revenue of $248K, expenses of $165K, and assets of $252K (revenue +38.9% year-over-year).
- 2015: Revenue of $178K, expenses of $80K, and assets of $169K (revenue +125.8% year-over-year).
- 2014: Revenue of $79K, expenses of $73K, and assets of $70K (revenue +1.2% year-over-year).
- 2013: Revenue of $78K, expenses of $76K, and assets of $64K (revenue +2.9% year-over-year).
- 2012: Revenue of $76K, expenses of $82K, and assets of $62K (revenue -6.3% year-over-year).
- 2011: Revenue of $81K, expenses of $81K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riggs Employees Fund:
Data Sources and Methodology
This transparency report for Riggs Employees Fund 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.