Rivas Clinic Trust Univ Of Rochester 30105 Nect
Rivas Clinic Trust maintains strong assets and zero executive compensation despite fluctuating revenues.
EIN: 166022850 · Dallas, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.4M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| Net Assets | $30.2M |
| Transparency Score | 92/100 |
Is Rivas Clinic Trust Univ Of Rochester 30105 Nect Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rivas Clinic Trust Univ Of Rochester 30105 Nect directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rivas Clinic Trust Univ Of Rochester 30105 Nect
Rivas Clinic Trust Univ Of Rochester 30105 Nect (EIN: 166022850) is a nonprofit organization based in Dallas, TX. The organization reported total revenue of $10.4M and total assets of $30.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rivas Clinic Trust Univ Of Rochester 30105 Nect's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rivas Clinic Trust Univ Of Rochester 30105 Nect is a large nonprofit that has been operating for 54 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-572,044 |
| Total Assets | $30.2M |
| Total Liabilities | $1 |
| Net Assets | $30.2M |
| Operating Margin | -44.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 196.1 months |
Financial Health Grade: B
In 2024, Rivas Clinic Trust Univ Of Rochester 30105 Nect reported a deficit of $572K with expenses exceeding revenue, holds 196.1 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 (2012–2024), Rivas Clinic Trust Univ Of Rochester 30105 Nect's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +29.5% | +0.4% | -1.9% |
| 2023 | -63.7% | +6.0% | -2.7% |
| 2022 | +147.9% | -15.9% | +3.1% |
| 2021 | -90.9% | +27.5% | -3.3% |
| 2020 | +356.4% | +0.9% | +60.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Rivas Clinic Trust Univ Of Rochester 30105 Nect with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Rivas Clinic Trust Univ Of Rochester 30105 Nect allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $572K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a strong commitment to mission-focused 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.
Red Flags
The following concerns were identified during AI analysis of Rivas Clinic Trust Univ Of Rochester 30105 Nect's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
- NTEE Code is unknown, which limits understanding of its specific programmatic focus and peer comparisons.
Strengths
The following positive indicators were identified for Rivas Clinic Trust Univ Of Rochester 30105 Nect:
- Consistent zero officer compensation, indicating high efficiency in executive overhead.
- Substantial and growing asset base ($30,309,226 latest), providing strong financial stability.
- Extremely low liabilities ($0 or $1 across all filings), demonstrating excellent financial health and minimal debt.
- Stable expense management despite revenue fluctuations, suggesting prudent budgeting.
- Long filing history (10 filings), indicating consistent compliance and operational longevity.
Frequently Asked Questions about Rivas Clinic Trust Univ Of Rochester 30105 Nect
Is Rivas Clinic Trust Univ Of Rochester 30105 Nect a legitimate charity?
Rivas Clinic Trust Univ Of Rochester 30105 Nect (EIN: 166022850) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $10.4M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Rivas Clinic Trust Univ Of Rochester 30105 Nect spend its money?
Rivas Clinic Trust Univ Of Rochester 30105 Nect directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Rivas Clinic Trust Univ Of Rochester 30105 Nect tax-deductible?
Rivas Clinic Trust Univ Of Rochester 30105 Nect is registered as a tax-exempt nonprofit (EIN: 166022850). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rivas Clinic Trust Univ Of Rochester 30105 Nect's spending goes to programs?
Rivas Clinic Trust Univ Of Rochester 30105 Nect directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Rivas Clinic Trust Univ Of Rochester 30105 Nect located?
Rivas Clinic Trust Univ Of Rochester 30105 Nect is headquartered in Dallas, Texas and files with the IRS under EIN 166022850.
How many years of IRS 990 filings does Rivas Clinic Trust Univ Of Rochester 30105 Nect have?
Rivas Clinic Trust Univ Of Rochester 30105 Nect 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 $10.4M in total revenue.
How does Rivas Clinic Trust manage to operate with zero officer compensation?
The filings consistently show 0% officer compensation, which could indicate that executive functions are performed by volunteers, compensated through other entities (e.g., the University of Rochester), or that the organization's structure does not involve paid officers in the traditional sense. This practice significantly reduces administrative overhead.
What is the primary source of the organization's revenue fluctuations?
The provided data does not specify revenue sources, but the significant fluctuations, such as the jump to over $12 million in 2020 and subsequent drops, suggest reliance on grants, large donations, or specific project funding that can vary year to year. Further detail on revenue streams would be needed to pinpoint the exact causes.
Given the stable expenses, how does the organization handle periods of lower revenue?
With consistent expenses around $1.3-$2 million and fluctuating revenues, the organization likely relies on its substantial asset base (over $30 million in recent years) to cover operational costs during periods when revenue falls below expenses, as seen in 2024 ($1.2M revenue vs. $1.8M expenses) and 2023 ($986K revenue vs. $1.8M expenses).
Filing History
IRS 990 filing history for Rivas Clinic Trust Univ Of Rochester 30105 Nect showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Rivas Clinic Trust Univ Of Rochester 30105 Nect's revenue has grown by 168.1%, moving from $477K to $1.3M. Total assets increased by 55.9% over the same period, from $19.4M to $30.2M. Total functional expenses rose by 37.1%, from $1.3M to $1.8M. In its most recent filing year (2024), Rivas Clinic Trust Univ Of Rochester 30105 Nect reported a deficit of $572K, with expenses exceeding revenue. The organization holds $1 in liabilities against $30.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $30.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $1.8M | $30.2M | $1 | — | View 990 |
| 2023 | $987K | $1.8M | $30.8M | $1 | — | View 990 |
| 2022 | $2.7M | $1.7M | $31.7M | $1 | — | View 990 |
| 2021 | $1.1M | $2.1M | $30.7M | $1 | — | — |
| 2020 | $12.1M | $1.6M | $31.7M | $0 | — | View 990 |
| 2016 | $2.7M | $1.6M | $19.8M | $1 | — | View 990 |
| 2015 | $1.9M | $1.6M | $18.8M | $1 | — | View 990 |
| 2014 | $1.1M | $1.4M | $18.4M | $0 | — | View 990 |
| 2013 | $750K | $1.4M | $18.8M | $0 | — | View 990 |
| 2012 | $477K | $1.3M | $19.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.3M, expenses of $1.8M, and assets of $30.2M (revenue +29.5% year-over-year).
- 2023: Revenue of $987K, expenses of $1.8M, and assets of $30.8M (revenue -63.7% year-over-year).
- 2022: Revenue of $2.7M, expenses of $1.7M, and assets of $31.7M (revenue +147.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $2.1M, and assets of $30.7M (revenue -90.9% year-over-year).
- 2020: Revenue of $12.1M, expenses of $1.6M, and assets of $31.7M (revenue +356.4% year-over-year).
- 2016: Revenue of $2.7M, expenses of $1.6M, and assets of $19.8M (revenue +37.8% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.6M, and assets of $18.8M (revenue +78.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.4M, and assets of $18.4M (revenue +43.8% year-over-year).
- 2013: Revenue of $750K, expenses of $1.4M, and assets of $18.8M (revenue +57.3% year-over-year).
- 2012: Revenue of $477K, expenses of $1.3M, and assets of $19.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rivas Clinic Trust Univ Of Rochester 30105 Nect:
Data Sources and Methodology
This transparency report for Rivas Clinic Trust Univ Of Rochester 30105 Nect 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.