River Deep Foundation
EIN: 814540959 · Lakewood, CO · NTEE: P11
| Metric | Value |
|---|---|
| Total Revenue | $148K |
| Total Expenses | $108K |
| Net Assets | $525K |
Is River Deep Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About River Deep Foundation
River Deep Foundation (EIN: 814540959) is a nonprofit organization based in Lakewood, CO, classified under NTEE code P11. The organization reported total revenue of $148K and total assets of $511K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of River Deep Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
River Deep Foundation is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -20.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $108K |
| Surplus / Deficit | $-67,229 |
| Total Assets | $532K |
| Total Liabilities | $7K |
| Net Assets | $525K |
| Operating Margin | -165.6% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 59.2 months |
Financial Health Grade: B
In 2023, River Deep Foundation reported a deficit of $67K with expenses exceeding revenue, holds 59.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), River Deep Foundation's revenue has declined at a compound annual growth rate (CAGR) of -20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.6% | -45.6% | -10.6% |
| 2022 | -85.1% | +47.6% | -26.8% |
| 2021 | +677.5% | -71.6% | +97.8% |
| 2020 | -91.6% | +71.4% | -57.4% |
| 2019 | +138.1% | -30.8% | +122.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for River Deep Foundation 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 River Deep Foundation 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 deficit of $67K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about River Deep Foundation
Is River Deep Foundation a legitimate charity?
River Deep Foundation (EIN: 814540959) is a registered tax-exempt nonprofit based in Colorado. It has 7 years of IRS 990 filings on record. Total revenue: $148K. No red flags identified. Financial health grade: B.
How does River Deep Foundation spend its money?
River Deep Foundation reported $148K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to River Deep Foundation tax-deductible?
River Deep Foundation is registered as a tax-exempt nonprofit (EIN: 814540959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is River Deep Foundation located?
River Deep Foundation is headquartered in Lakewood, Colorado and files with the IRS under EIN 814540959. It is classified under NTEE code P11.
How many years of IRS 990 filings does River Deep Foundation have?
River Deep Foundation has 7 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 $148K in total revenue.
Filing History
IRS 990 filing history for River Deep Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), River Deep Foundation's revenue has declined by 75.4%, moving from $165K to $41K. Total assets increased by 444.4% over the same period, from $98K to $532K. Total functional expenses rose by 52%, from $71K to $108K. In its most recent filing year (2023), River Deep Foundation reported a deficit of $67K, with expenses exceeding revenue. The organization holds $7K in liabilities against $532K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $525K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $108K | $532K | $7K | — | View 990 |
| 2022 | $100K | $198K | $595K | $4K | — | — |
| 2021 | $673K | $134K | $813K | $1K | — | — |
| 2020 | $87K | $473K | $411K | $137K | — | View 990 |
| 2019 | $1.0M | $276K | $965K | $305K | — | View 990 |
| 2018 | $435K | $399K | $434K | $532K | — | View 990 |
| 2017 | $165K | $71K | $98K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41K, expenses of $108K, and assets of $532K (revenue -59.6% year-over-year).
- 2022: Revenue of $100K, expenses of $198K, and assets of $595K (revenue -85.1% year-over-year).
- 2021: Revenue of $673K, expenses of $134K, and assets of $813K (revenue +677.5% year-over-year).
- 2020: Revenue of $87K, expenses of $473K, and assets of $411K (revenue -91.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $276K, and assets of $965K (revenue +138.1% year-over-year).
- 2018: Revenue of $435K, expenses of $399K, and assets of $434K (revenue +163.3% year-over-year).
- 2017: Revenue of $165K, expenses of $71K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for River Deep Foundation:
Data Sources and Methodology
This transparency report for River Deep 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.