Riley Foundation
Riley Foundation faces significant financial challenges with consistent deficit spending and declining assets.
EIN: 206747301 · Columbia, MS · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $31K |
| Program Spending | 70% |
| Net Assets | $127K |
| Transparency Score | 35/100 |
Search Intent Cockpit
Riley Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Riley Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Riley Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $4K and expenses of $31K.
Revenue and Expenses
Riley Foundation reported $4K in revenue and $31K in expenses, a deficit of $27K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
35/100 mission score, 5 red flags, and 2 strengths are shown from structured and AI review.
Is Riley Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $22K (70%) |
Across stored filings, Riley Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 5 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Mending Hearts Youth Ranch Inc | Mississippi and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Columbia, MS nonprofitsPhilanthropy in Mississippi
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Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Riley Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Riley Foundation
Riley Foundation (EIN: 206747301) is a nonprofit organization based in Columbia, MS, classified under NTEE code T21. The organization reported total revenue of $5K and total assets of $72 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riley Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riley Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $31K |
| Surplus / Deficit | $-26,790 |
| Total Assets | $127K |
| Total Liabilities | $1 |
| Net Assets | $127K |
| Operating Margin | -630.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 49.2 months |
Financial Health Grade: B
In 2023, Riley Foundation reported a deficit of $27K with expenses exceeding revenue, holds 49.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Riley Foundation's revenue has declined at a compound annual growth rate (CAGR) of -15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +874.5% | -48.3% | -17.4% |
| 2022 | +1976.2% | — | -27.9% |
| 2020 | -252.4% | +1185.5% | -67.5% |
| 2019 | +15.8% | +256.7% | -13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Riley Foundation with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Riley Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating no salaries or other compensation paid to officers, which is a positive for minimizing overhead in this area.
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 Riley Foundation's IRS 990 filings:
- Consistent and significant deficit spending (e.g., 2023 expenses $31,039 vs. revenue $4,249)
- Substantial decline in total assets over the past decade (from $810,209 in 2011 to $127,304 in 2023)
- Negative revenue reported in 2020 ($-39,034)
- High expense-to-revenue ratio, indicating potential financial instability
- Lack of detailed expense breakdown to assess program efficiency
Strengths
The following positive indicators were identified for Riley Foundation:
- 0% officer compensation reported across all filings, indicating no executive pay
- Low liabilities reported consistently ($1 or $0)
Frequently Asked Questions about Riley Foundation
Is Riley Foundation a legitimate charity?
Riley Foundation (EIN: 206747301) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 35/100. It has 10 years of IRS 990 filings on record. Total revenue: $5K. 5 red flags identified. 2 strengths noted. Financial health grade: B.
How does Riley Foundation spend its money?
Riley Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Riley Foundation tax-deductible?
Riley Foundation is registered as a tax-exempt nonprofit (EIN: 206747301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Riley Foundation's spending goes to programs?
Riley Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Riley Foundation compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Riley Foundation is below average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Riley Foundation located?
Riley Foundation is headquartered in Columbia, Mississippi and files with the IRS under EIN 206747301. It is classified under NTEE code T21.
How many years of IRS 990 filings does Riley Foundation have?
Riley Foundation has 10 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 $5K in total revenue.
Is Riley Foundation financially sustainable?
Based on the consistent trend of expenses far exceeding revenue (e.g., $31,039 expenses vs. $4,249 revenue in 2023), the organization's financial sustainability is highly questionable without a significant change in its financial model or a substantial increase in funding.
What caused the significant decline in assets?
The substantial decline in assets from $810,209 in 2011 to $127,304 in 2023, coupled with persistent deficit spending, suggests that the organization has been using its principal assets to cover operational expenses and grantmaking activities.
How does the organization cover its expenses with such low revenue?
The organization appears to be covering its expenses primarily by drawing down its existing assets, as evidenced by the significant asset depletion over the years and the large gap between revenue and expenses in recent filings.
Filing History
IRS 990 filing history for Riley Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Riley Foundation's revenue has declined by 87.5%, moving from $34K to $4K. Total assets decreased by 84.3% over the same period, from $810K to $127K. Total functional expenses rose by 6070.8%, from $503 to $31K. In its most recent filing year (2023), Riley Foundation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1 in liabilities against $127K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $127K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $31K | $127K | $1 | — | — |
| 2022 | $436 | $60K | $154K | $1 | — | View 990 |
| 2021 | $21 | $0 | $214K | $1 | — | — |
| 2020 | $-39,034 | $404K | $214K | $1 | — | — |
| 2019 | $26K | $31K | $657K | $1 | — | View 990 |
| 2015 | $22K | $9K | $759K | $1 | — | View 990 |
| 2014 | $35K | $42K | $746K | $1 | — | View 990 |
| 2013 | $27K | $16K | $753K | $1 | — | View 990 |
| 2012 | $33K | $101K | $742K | $0 | — | View 990 |
| 2011 | $34K | $503 | $810K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $31K, and assets of $127K (revenue +874.5% year-over-year).
- 2022: Revenue of $436, expenses of $60K, and assets of $154K (revenue +1976.2% year-over-year).
- 2021: Revenue of $21, expenses of $0, and assets of $214K.
- 2020: Revenue of $-39,034, expenses of $404K, and assets of $214K (revenue -252.4% year-over-year).
- 2019: Revenue of $26K, expenses of $31K, and assets of $657K (revenue +15.8% year-over-year).
- 2015: Revenue of $22K, expenses of $9K, and assets of $759K (revenue -36.8% year-over-year).
- 2014: Revenue of $35K, expenses of $42K, and assets of $746K (revenue +31.9% year-over-year).
- 2013: Revenue of $27K, expenses of $16K, and assets of $753K (revenue -19.0% year-over-year).
- 2012: Revenue of $33K, expenses of $101K, and assets of $742K (revenue -3.9% year-over-year).
- 2011: Revenue of $34K, expenses of $503, and assets of $810K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riley Foundation:
Data Sources and Methodology
This transparency report for Riley 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.