Rivendell Institute Inc
EIN: 61582604 · New Haven, CT · NTEE: X90
| Metric | Value |
|---|---|
| Total Revenue | $918K |
| Total Expenses | $859K |
| Net Assets | $1.3M |
Is Rivendell Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rivendell Institute Inc
Rivendell Institute Inc (EIN: 61582604) is a nonprofit organization based in New Haven, CT, classified under NTEE code X90. The organization reported total revenue of $918K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rivendell Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rivendell Institute Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $949K |
| Total Expenses | $859K |
| Surplus / Deficit | +$90K |
| Total Assets | $1.7M |
| Total Liabilities | $362K |
| Net Assets | $1.3M |
| Operating Margin | 9.5% |
| Debt-to-Asset Ratio | 21.5% |
| Months of Reserves | 23.6 months |
Financial Health Grade: A
In 2023, Rivendell Institute Inc reported a surplus of $90K with revenue exceeding expenses, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 21.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rivendell Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | -0.7% | +4.9% |
| 2022 | -3.3% | +0.1% | +2.5% |
| 2021 | +21.6% | +9.3% | +6.1% |
| 2020 | -15.6% | -13.5% | -0.9% |
| 2019 | -23.8% | +9.8% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rivendell Institute Inc 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 Rivendell Institute Inc 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 $90K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.5%.
Frequently Asked Questions about Rivendell Institute Inc
Is Rivendell Institute Inc a legitimate charity?
Rivendell Institute Inc (EIN: 61582604) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $918K. No red flags identified. Financial health grade: A.
How does Rivendell Institute Inc spend its money?
Rivendell Institute Inc reported $918K 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 Rivendell Institute Inc tax-deductible?
Rivendell Institute Inc is registered as a tax-exempt nonprofit (EIN: 61582604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rivendell Institute Inc located?
Rivendell Institute Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 61582604. It is classified under NTEE code X90.
How many years of IRS 990 filings does Rivendell Institute Inc have?
Rivendell Institute 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 $918K in total revenue.
Filing History
IRS 990 filing history for Rivendell Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rivendell Institute Inc's revenue has grown by 209.8%, moving from $306K to $949K. Total assets increased by 943.1% over the same period, from $162K to $1.7M. Total functional expenses rose by 184.8%, from $301K to $859K. In its most recent filing year (2023), Rivendell Institute Inc reported a surplus of $90K, with revenue exceeding expenses. The organization holds $362K in liabilities against $1.7M in assets (debt-to-asset ratio: 21.5%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $949K | $859K | $1.7M | $362K | — | — |
| 2022 | $935K | $864K | $1.6M | $374K | — | — |
| 2021 | $967K | $864K | $1.6M | $405K | — | View 990 |
| 2020 | $795K | $790K | $1.5M | $418K | — | — |
| 2019 | $942K | $914K | $1.5M | $437K | — | View 990 |
| 2018 | $1.2M | $832K | $1.5M | $442K | — | View 990 |
| 2017 | $823K | $737K | $1.1M | $445K | — | View 990 |
| 2016 | $798K | $765K | $998K | $461K | — | View 990 |
| 2015 | $880K | $660K | $979K | $475K | — | View 990 |
| 2014 | $690K | $657K | $289K | $4K | — | View 990 |
| 2013 | $569K | $484K | $228K | $0 | — | View 990 |
| 2012 | $311K | $329K | $143K | $0 | — | View 990 |
| 2011 | $306K | $301K | $162K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $949K, expenses of $859K, and assets of $1.7M (revenue +1.5% year-over-year).
- 2022: Revenue of $935K, expenses of $864K, and assets of $1.6M (revenue -3.3% year-over-year).
- 2021: Revenue of $967K, expenses of $864K, and assets of $1.6M (revenue +21.6% year-over-year).
- 2020: Revenue of $795K, expenses of $790K, and assets of $1.5M (revenue -15.6% year-over-year).
- 2019: Revenue of $942K, expenses of $914K, and assets of $1.5M (revenue -23.8% year-over-year).
- 2018: Revenue of $1.2M, expenses of $832K, and assets of $1.5M (revenue +50.3% year-over-year).
- 2017: Revenue of $823K, expenses of $737K, and assets of $1.1M (revenue +3.2% year-over-year).
- 2016: Revenue of $798K, expenses of $765K, and assets of $998K (revenue -9.3% year-over-year).
- 2015: Revenue of $880K, expenses of $660K, and assets of $979K (revenue +27.5% year-over-year).
- 2014: Revenue of $690K, expenses of $657K, and assets of $289K (revenue +21.4% year-over-year).
- 2013: Revenue of $569K, expenses of $484K, and assets of $228K (revenue +83.0% year-over-year).
- 2012: Revenue of $311K, expenses of $329K, and assets of $143K (revenue +1.4% year-over-year).
- 2011: Revenue of $306K, expenses of $301K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rivendell Institute Inc:
Data Sources and Methodology
This transparency report for Rivendell Institute 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.