River Edge Foundation Inc

River Edge Foundation Inc. shows strong program spending and zero officer compensation amidst fluctuating revenues.

EIN: 205794390 · Macon, GA · NTEE: F11 · Updated: 2026-03-28

$7.0MRevenue

$9.6MAssets

85/100Mission Score (Excellent)

F11

About River Edge Foundation Inc

River Edge Foundation Inc (EIN: 205794390) is a nonprofit organization based in Macon, GA, classified under NTEE code F11. The organization reported total revenue of $7.0M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of River Edge Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

River Edge Foundation Inc. exhibits fluctuating financial health over the past decade. While the latest reported revenue is $7,047,018 and assets are $9,557,555, the organization has experienced significant swings in revenue and expenses, as seen in the 2017 revenue of $12,382,215 compared to $737,661 in 2022. The organization's spending efficiency appears to be strong, with a significant portion of expenses directed towards program services. For instance, in 2022, expenses were $256,642 against revenue of $737,661, indicating a healthy surplus. However, the 2019 period showed expenses of $4,928,053 exceeding revenue of $2,263,760, suggesting periods of deficit spending. The consistent reporting of 0% officer compensation across all filings indicates a high level of transparency regarding executive pay and a commitment to directing funds towards the mission rather than high salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates River Edge Foundation Inc 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, River Edge Foundation Inc 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive indicator for a nonprofit of its size, suggesting a strong commitment to directing resources to its mission.

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 River Edge Foundation Inc's IRS 990 filings:

Significant fluctuations in revenue and expenses year-over-year, making financial predictability challenging.
Large decrease in assets from $21,001,068 in 2021 to $7,268,366 in 2022 without clear explanation in summary data.
Periods of deficit spending, such as in 2019 where expenses ($4,928,053) significantly exceeded revenue ($2,263,760).

Strengths

The following positive indicators were identified for River Edge Foundation Inc:

Consistent 0% officer compensation, indicating strong financial stewardship and dedication to mission.
High percentage of spending directed towards program services.
Ability to recover from periods of deficit spending and manage liabilities, as seen in the 2022 filing.

Frequently Asked Questions about River Edge Foundation Inc

Is River Edge Foundation Inc. a good charity?

Based on the available data, River Edge Foundation Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating that funds are not being diverted to high executive salaries. While revenue and expenses have fluctuated, the organization generally maintains a healthy financial position and directs a high percentage of its spending towards programs.

What caused the significant drop in assets from $21,001,068 in 2021 to $7,268,366 in 2022?

The IRS 990 data shows a substantial decrease in assets between 2021 and 2022. This could be due to various factors such as significant capital expenditures, investment losses, or a reclassification of assets. Further investigation into the detailed financial statements would be needed to understand the specific reasons for this change.

How does River Edge Foundation Inc. manage its liabilities, given the fluctuations?

Liabilities have varied significantly, from $107,646 in 2015 to $17,088,839 in 2021. While the organization has managed to reduce liabilities to $2,875,118 by 2022, these large swings suggest periods of significant debt or financial obligations that warrant closer examination of their balance sheet management strategies.

Filing History

IRS 990 filing history for River Edge Foundation Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), River Edge Foundation Inc's revenue has grown by 259.6%, moving from $205K to $738K. Total assets increased by 1429.2% over the same period, from $475K to $7.3M. Total functional expenses rose by 388.7%, from $53K to $257K. In its most recent filing year (2022), River Edge Foundation Inc reported a surplus of $481K, with revenue exceeding expenses. The organization holds $2.9M in liabilities against $7.3M in assets (debt-to-asset ratio: 39.6%), resulting in net assets of $4.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$738K	$257K	$7.3M	$2.9M	—	View 990
2021	$513K	$262K	$21.0M	$17.1M	—	View 990
2020	$1.3M	$1.8M	$6.4M	$2.8M	—	View 990
2019	$2.3M	$4.9M	$6.4M	$2.4M	—	View 990
2018	$9.1M	$6.4M	$11.4M	$3.2M	—	View 990
2017	$12.4M	$11.1M	$8.8M	$3.4M	—	View 990
2016	$8.0M	$7.4M	$6.5M	$3.0M	—	View 990
2015	$639K	$202K	$3.0M	$108K	—	View 990
2014	$2.0M	$471K	$2.6M	$122K	—	View 990
2013	$553K	$33K	$2.7M	$1.8M	—	View 990
2012	$182K	$27K	$2.5M	$2.1M	—	View 990
2011	$205K	$53K	$475K	$248K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $738K, expenses of $257K, and assets of $7.3M (revenue +43.9% year-over-year).
2021: Revenue of $513K, expenses of $262K, and assets of $21.0M (revenue -61.6% year-over-year).
2020: Revenue of $1.3M, expenses of $1.8M, and assets of $6.4M (revenue -41.0% year-over-year).
2019: Revenue of $2.3M, expenses of $4.9M, and assets of $6.4M (revenue -75.3% year-over-year).
2018: Revenue of $9.1M, expenses of $6.4M, and assets of $11.4M (revenue -26.1% year-over-year).
2017: Revenue of $12.4M, expenses of $11.1M, and assets of $8.8M (revenue +55.1% year-over-year).
2016: Revenue of $8.0M, expenses of $7.4M, and assets of $6.5M (revenue +1148.9% year-over-year).
2015: Revenue of $639K, expenses of $202K, and assets of $3.0M (revenue -68.4% year-over-year).
2014: Revenue of $2.0M, expenses of $471K, and assets of $2.6M (revenue +265.5% year-over-year).
2013: Revenue of $553K, expenses of $33K, and assets of $2.7M (revenue +203.6% year-over-year).
2012: Revenue of $182K, expenses of $27K, and assets of $2.5M (revenue -11.1% year-over-year).
2011: Revenue of $205K, expenses of $53K, and assets of $475K.

Data Sources and Methodology

This transparency report for River Edge Foundation 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.