Riseboro Community Partnership Inc
Riseboro Community Partnership Inc experiences significant revenue and asset growth, maintaining strong program focus.
EIN: 112453853 · Brooklyn, NY · NTEE: P810 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $82.9M |
| Total Expenses | $61.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $82 |
| Net Assets | $40.5M |
| Transparency Score | 88/100 |
Is Riseboro Community Partnership Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riseboro Community Partnership Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riseboro Community Partnership Inc
Riseboro Community Partnership Inc (EIN: 112453853) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code P810. The organization reported total revenue of $82.9M and total assets of $135.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riseboro Community Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riseboro Community Partnership Inc is a major nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82.1M |
| Total Expenses | $61.0M |
| Surplus / Deficit | +$21.0M |
| Total Assets | $128.3M |
| Total Liabilities | $87.7M |
| Net Assets | $40.5M |
| Operating Margin | 25.6% |
| Debt-to-Asset Ratio | 68.4% |
| Months of Reserves | 25.2 months |
Financial Health Grade: A
In 2023, Riseboro Community Partnership Inc reported a surplus of $21.0M with revenue exceeding expenses, holds 25.2 months of operating reserves (strong position), has a debt-to-asset ratio of 68.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Riseboro Community Partnership Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.6% | +11.5% | +162.4% |
| 2022 | +34.3% | +20.3% | +27.0% |
| 2021 | +10.5% | +23.5% | -4.6% |
| 2020 | +21.9% | +7.7% | +36.6% |
| 2019 | +13.6% | +12.4% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Riseboro Community Partnership Inc with a Mission Score of 88 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, Riseboro Community Partnership 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 surplus of $21.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.4%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which is unusual for an organization of this size ($82 million in revenue). This suggests executive compensation may be reported under other expense categories or that the organization truly operates with unpaid officers, which would be highly commendable.
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 Riseboro Community Partnership Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation, requiring further investigation into full 990 forms for clarity on executive pay structure.
Strengths
The following positive indicators were identified for Riseboro Community Partnership Inc:
- Exceptional revenue growth, increasing from $18.3M in 2014 to $82.0M in 2023.
- Significant asset accumulation, growing from $16.4M to $128.2M over the decade.
- Consistent positive net income, indicating sound financial management and sustainability.
- Strong program focus, implied by the substantial scale of operations and growth.
Frequently Asked Questions about Riseboro Community Partnership Inc
Is Riseboro Community Partnership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Riseboro Community Partnership Inc (EIN: 112453853) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Riseboro Community Partnership Inc spend its money?
Riseboro Community Partnership Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Riseboro Community Partnership Inc tax-deductible?
Riseboro Community Partnership Inc is registered as a tax-exempt nonprofit (EIN: 112453853). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Riseboro Community Partnership Inc CEO make?
Riseboro Community Partnership Inc's highest-compensated officer earns $82 annually. The organization reported $82.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Riseboro Community Partnership Inc's spending goes to programs?
Riseboro Community Partnership Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Riseboro Community Partnership Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Riseboro Community Partnership Inc is above average for NTEE category P810 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Riseboro Community Partnership Inc located?
Riseboro Community Partnership Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112453853. It is classified under NTEE code P810.
How many years of IRS 990 filings does Riseboro Community Partnership Inc have?
Riseboro Community Partnership Inc 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 $82.9M in total revenue.
Is Riseboro Community Partnership Inc a good charity?
Based on the provided financial data, Riseboro Community Partnership Inc appears to be a very good charity. It demonstrates strong financial growth, significant asset accumulation, and a high likelihood of efficient program spending, given its substantial revenue and expense figures.
How has Riseboro's financial health changed over the last decade?
Riseboro's financial health has dramatically improved over the last decade. Revenue grew from $18.3 million in 2014 to $82.0 million in 2023, and assets increased from $16.4 million to $128.2 million in the same period, indicating robust growth and financial stability.
What is the trend in Riseboro's assets and liabilities?
Riseboro's assets have shown a strong upward trend, increasing from $16.4 million in 2014 to $128.2 million in 2023. Liabilities have also increased, from $5.9 million to $87.7 million, but assets have grown at a faster rate, leading to a healthier net asset position.
Filing History
IRS 990 filing history for Riseboro Community Partnership Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Riseboro Community Partnership Inc's revenue has grown by 329.6%, moving from $19.1M to $82.1M. Total assets increased by 636.4% over the same period, from $17.4M to $128.3M. Total functional expenses rose by 173%, from $22.4M to $61.0M. In its most recent filing year (2023), Riseboro Community Partnership Inc reported a surplus of $21.0M, with revenue exceeding expenses. The organization holds $87.7M in liabilities against $128.3M in assets (debt-to-asset ratio: 68.4%), resulting in net assets of $40.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82.1M | $61.0M | $128.3M | $87.7M | — | — |
| 2022 | $62.8M | $54.8M | $48.9M | $22.8M | — | View 990 |
| 2021 | $46.8M | $45.5M | $38.5M | $20.5M | — | — |
| 2020 | $42.3M | $36.9M | $40.4M | $23.6M | — | View 990 |
| 2019 | $34.7M | $34.2M | $29.5M | $17.8M | — | View 990 |
| 2018 | $30.6M | $30.5M | $30.0M | $18.7M | — | View 990 |
| 2017 | $26.3M | $26.5M | $24.4M | $13.3M | — | View 990 |
| 2016 | $23.8M | $23.1M | $20.7M | $9.4M | — | View 990 |
| 2015 | $21.2M | $20.1M | $17.6M | $6.2M | — | View 990 |
| 2014 | $18.4M | $18.3M | $16.5M | $5.9M | — | View 990 |
| 2013 | $18.2M | $18.1M | $17.4M | $6.9M | — | View 990 |
| 2012 | $18.5M | $19.2M | $20.4M | $10.0M | — | View 990 |
| 2011 | $19.1M | $22.4M | $17.4M | $6.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82.1M, expenses of $61.0M, and assets of $128.3M (revenue +30.6% year-over-year).
- 2022: Revenue of $62.8M, expenses of $54.8M, and assets of $48.9M (revenue +34.3% year-over-year).
- 2021: Revenue of $46.8M, expenses of $45.5M, and assets of $38.5M (revenue +10.5% year-over-year).
- 2020: Revenue of $42.3M, expenses of $36.9M, and assets of $40.4M (revenue +21.9% year-over-year).
- 2019: Revenue of $34.7M, expenses of $34.2M, and assets of $29.5M (revenue +13.6% year-over-year).
- 2018: Revenue of $30.6M, expenses of $30.5M, and assets of $30.0M (revenue +16.3% year-over-year).
- 2017: Revenue of $26.3M, expenses of $26.5M, and assets of $24.4M (revenue +10.7% year-over-year).
- 2016: Revenue of $23.8M, expenses of $23.1M, and assets of $20.7M (revenue +12.1% year-over-year).
- 2015: Revenue of $21.2M, expenses of $20.1M, and assets of $17.6M (revenue +15.4% year-over-year).
- 2014: Revenue of $18.4M, expenses of $18.3M, and assets of $16.5M (revenue +1.1% year-over-year).
- 2013: Revenue of $18.2M, expenses of $18.1M, and assets of $17.4M (revenue -1.9% year-over-year).
- 2012: Revenue of $18.5M, expenses of $19.2M, and assets of $20.4M (revenue -3.0% year-over-year).
- 2011: Revenue of $19.1M, expenses of $22.4M, and assets of $17.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riseboro Community Partnership Inc:
Data Sources and Methodology
This transparency report for Riseboro Community Partnership 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.