Rivendell School
Rivendell School shows stable finances with recent deficit, no reported officer compensation.
EIN: 113278917 · Brooklyn, NY · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $4.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Rivendell School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rivendell School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rivendell School
Rivendell School (EIN: 113278917) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B99. The organization reported total revenue of $3.4M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rivendell School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rivendell School is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $4.1M |
| Surplus / Deficit | $-422,448 |
| Total Assets | $5.0M |
| Total Liabilities | $4.0M |
| Net Assets | $1.1M |
| Operating Margin | -11.5% |
| Debt-to-Asset Ratio | 78.7% |
| Months of Reserves | 14.8 months |
Financial Health Grade: C
In 2024, Rivendell School reported a deficit of $422K with expenses exceeding revenue, holds 14.8 months of operating reserves (strong position), has a debt-to-asset ratio of 78.7% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Rivendell School's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -13.9% | +3.6% | -13.8% |
| 2023 | +11.9% | +10.9% | +7.1% |
| 2022 | -4.9% | -10.2% | -12.3% |
| 2021 | +1.4% | -1.4% | +3.9% |
| 2020 | -8.0% | -3.2% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
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 Rivendell School with a Mission Score of 85 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, Rivendell School 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $422K, with expenses exceeding revenue.
- Debt-to-asset ratio: 78.7%.
Executive Compensation Analysis
Rivendell School consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with revenues often exceeding $4 million annually. This suggests either a volunteer leadership structure or that compensation is reported under other expense categories, which would require further investigation for full transparency.
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 Rivendell School's IRS 990 filings:
- Expenses exceeded revenue in the most recent 2024 filing ($4,087,523 vs. $3,665,075).
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Rivendell School:
- Consistent filing history over 13 periods demonstrates strong compliance and transparency.
- Generally stable financial operations with revenues often exceeding expenses in prior years (e.g., 2023 revenue $4,258,251 vs. expenses $3,946,056).
- Substantial asset base ($5,037,856 in 2024) provides financial stability.
- No reported officer compensation suggests a high dedication of funds to programmatic activities or a volunteer leadership model.
Frequently Asked Questions about Rivendell School
Is Rivendell School a legitimate charity?
Rivendell School (EIN: 113278917) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.4M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Rivendell School spend its money?
Rivendell School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rivendell School tax-deductible?
Rivendell School is registered as a tax-exempt nonprofit (EIN: 113278917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rivendell School CEO make?
Rivendell School's highest-compensated officer earns $4 annually. The organization reported $3.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rivendell School's spending goes to programs?
Rivendell School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rivendell School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rivendell School is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rivendell School located?
Rivendell School is headquartered in Brooklyn, New York and files with the IRS under EIN 113278917. It is classified under NTEE code B99.
How many years of IRS 990 filings does Rivendell School have?
Rivendell School 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 $3.4M in total revenue.
Is Rivendell School a good charity?
Based on the available data, Rivendell School appears to be a financially stable organization with a strong commitment to its mission, evidenced by consistent operations and no reported officer compensation. However, the recent deficit in 2024 should be monitored.
Why is officer compensation reported as 0%?
The IRS 990 filings consistently show 0% officer compensation. This could mean that all officers are volunteers, or their compensation is categorized differently within the expenses, which would require a deeper dive into the full 990 forms to understand.
What caused the deficit in the 2024 fiscal period?
In the 2024 fiscal period, expenses ($4,087,523) exceeded revenue ($3,665,075) by over $400,000. The specific causes for this deficit are not detailed in the summary data and would require reviewing the full IRS 990 form for that period.
Filing History
IRS 990 filing history for Rivendell School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Rivendell School's revenue has declined by 31%, moving from $5.3M to $3.7M. Total assets decreased by 30% over the same period, from $7.2M to $5.0M. Total functional expenses fell by 18.4%, from $5.0M to $4.1M. In its most recent filing year (2024), Rivendell School reported a deficit of $422K, with expenses exceeding revenue. The organization holds $4.0M in liabilities against $5.0M in assets (debt-to-asset ratio: 78.7%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.7M | $4.1M | $5.0M | $4.0M | — | View 990 |
| 2023 | $4.3M | $3.9M | $5.8M | $4.4M | — | View 990 |
| 2022 | $3.8M | $3.6M | $5.5M | $4.4M | — | View 990 |
| 2021 | $4.0M | $4.0M | $6.2M | $5.4M | — | View 990 |
| 2020 | $3.9M | $4.0M | $6.0M | $5.2M | — | View 990 |
| 2019 | $4.3M | $4.2M | $6.2M | $5.4M | — | View 990 |
| 2018 | $4.0M | $4.0M | $6.3M | $5.6M | — | View 990 |
| 2017 | $4.1M | $4.0M | $6.5M | $5.9M | — | View 990 |
| 2016 | $4.1M | $4.0M | $6.5M | $5.9M | — | View 990 |
| 2015 | $4.2M | $4.0M | $6.8M | $6.3M | — | View 990 |
| 2014 | $4.5M | $4.5M | $6.7M | $6.5M | — | View 990 |
| 2013 | $4.6M | $4.6M | $6.8M | $6.5M | — | View 990 |
| 2012 | $5.3M | $5.0M | $7.2M | $6.8M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.7M, expenses of $4.1M, and assets of $5.0M (revenue -13.9% year-over-year).
- 2023: Revenue of $4.3M, expenses of $3.9M, and assets of $5.8M (revenue +11.9% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.6M, and assets of $5.5M (revenue -4.9% year-over-year).
- 2021: Revenue of $4.0M, expenses of $4.0M, and assets of $6.2M (revenue +1.4% year-over-year).
- 2020: Revenue of $3.9M, expenses of $4.0M, and assets of $6.0M (revenue -8.0% year-over-year).
- 2019: Revenue of $4.3M, expenses of $4.2M, and assets of $6.2M (revenue +6.3% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.0M, and assets of $6.3M (revenue -0.5% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.0M, and assets of $6.5M (revenue -1.9% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.0M, and assets of $6.5M (revenue -2.2% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.0M, and assets of $6.8M (revenue -5.2% year-over-year).
- 2014: Revenue of $4.5M, expenses of $4.5M, and assets of $6.7M (revenue -3.7% year-over-year).
- 2013: Revenue of $4.6M, expenses of $4.6M, and assets of $6.8M (revenue -12.9% year-over-year).
- 2012: Revenue of $5.3M, expenses of $5.0M, and assets of $7.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rivendell School:
Data Sources and Methodology
This transparency report for Rivendell School 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.