River Of Life Foundation

River Of Life Foundation shows rapid growth and high spending efficiency with no reported officer compensation.

EIN: 205427262 · Santa Clara, CA · NTEE: A23 · Updated: 2026-03-28

$18.1MRevenue

$1.4MAssets

92/100Mission Score (Excellent)

A23

About River Of Life Foundation

River Of Life Foundation (EIN: 205427262) is a nonprofit organization based in Santa Clara, CA, classified under NTEE code A23. The organization reported total revenue of $18.1M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of River Of Life Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

River Of Life Foundation demonstrates strong financial health and growth, with revenue increasing significantly from $923,216 in 2019 to $17,830,879 in 2023. The organization consistently spends nearly all of its revenue on expenses, indicating efficient use of funds towards its mission. For instance, in 2023, expenses were $17,782,888 against revenues of $17,830,879, resulting in a very small surplus. This pattern suggests a focus on deploying resources rather than accumulating large reserves, which is often viewed positively for nonprofits. The consistent reporting of 0% officer compensation across all available filings enhances transparency and suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a notable financial practice.

The organization's assets have grown steadily alongside its revenue, from $643,812 in 2019 to $1,286,687 in 2023, indicating sound financial management. The low liabilities reported, often at $0 or very minimal, further underscore a healthy balance sheet. While specific program spending percentages are not detailed in the provided data, the overall high expense-to-revenue ratio implies a significant portion of funds are directed towards operational activities, presumably including programs. The absence of reported officer compensation is a key transparency indicator, suggesting a commitment to directing funds towards the mission rather than executive salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates River Of Life Foundation 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, River Of Life Foundation 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

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated through non-officer roles, or that the organization's structure minimizes traditional executive salaries, which is highly unusual for an organization with nearly $18 million in revenue.

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 Of Life Foundation's IRS 990 filings:

Lack of detailed program spending breakdown in provided data
Unusually high revenue growth without corresponding increase in assets relative to revenue, suggesting rapid deployment of funds rather than accumulation
Consistent 0% officer compensation for an organization of this size could indicate alternative compensation structures or a fully volunteer-led executive team, which warrants further investigation for full transparency.

Strengths

The following positive indicators were identified for River Of Life Foundation:

Exceptional revenue growth, demonstrating increasing support and impact
High spending efficiency, with expenses consistently close to revenue
Strong financial health with growing assets and minimal liabilities
Consistent reporting of 0% officer compensation, indicating a potential commitment to directing funds to mission
Positive net income in most years, contributing to asset growth

Frequently Asked Questions about River Of Life Foundation

Is River Of Life Foundation a good charity?

Based on the provided data, River Of Life Foundation appears to be a very good charity. It demonstrates rapid growth in revenue, high spending efficiency (expenses closely match revenue), and a notable commitment to not reporting officer compensation, suggesting funds are directed towards its mission.

How has River Of Life Foundation's revenue grown over time?

River Of Life Foundation has experienced explosive revenue growth, increasing from $923,216 in 2019 to $17,830,879 in 2023, an almost 19-fold increase in four years.

What is the organization's financial stability?

The organization appears financially stable, with consistent asset growth from $643,812 in 2019 to $1,286,687 in 2023, and consistently low or zero liabilities, indicating a healthy balance sheet.

Does River Of Life Foundation spend efficiently?

Yes, the organization spends very efficiently. In 2023, expenses were $17,782,888 against revenues of $17,830,879, meaning nearly all revenue was expended, indicating a strong focus on deploying funds.

Filing History

IRS 990 filing history for River Of Life Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), River Of Life Foundation's revenue has grown by 2760.7%, moving from $623K to $17.8M. Total assets increased by 337.7% over the same period, from $294K to $1.3M. Total functional expenses rose by 3053.4%, from $564K to $17.8M. In its most recent filing year (2023), River Of Life Foundation reported a surplus of $48K, with revenue exceeding expenses. The organization holds $31K in liabilities against $1.3M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $1.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$17.8M	$17.8M	$1.3M	$31K	—	—
2022	$14.8M	$14.8M	$1.2M	$18K	—	View 990
2021	$11.6M	$11.3M	$1.2M	$0	—	View 990
2020	$6.0M	$5.7M	$959K	$0	—	View 990
2019	$923K	$893K	$644K	$0	—	View 990
2018	$970K	$962K	$613K	$0	—	View 990
2017	$1.1M	$1.0M	$605K	$0	—	View 990
2016	$1.3M	$1.4M	$541K	$0	—	View 990
2015	$1.3M	$1.3M	$616K	$0	—	View 990
2014	$1.3M	$1.3M	$595K	$0	—	View 990
2013	$1.0M	$809K	$539K	$0	—	View 990
2012	$822K	$817K	$299K	$0	—	View 990
2011	$623K	$564K	$294K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $17.8M, expenses of $17.8M, and assets of $1.3M (revenue +20.3% year-over-year).
2022: Revenue of $14.8M, expenses of $14.8M, and assets of $1.2M (revenue +27.8% year-over-year).
2021: Revenue of $11.6M, expenses of $11.3M, and assets of $1.2M (revenue +92.1% year-over-year).
2020: Revenue of $6.0M, expenses of $5.7M, and assets of $959K (revenue +554.2% year-over-year).
2019: Revenue of $923K, expenses of $893K, and assets of $644K (revenue -4.8% year-over-year).
2018: Revenue of $970K, expenses of $962K, and assets of $613K (revenue -11.2% year-over-year).
2017: Revenue of $1.1M, expenses of $1.0M, and assets of $605K (revenue -16.1% year-over-year).
2016: Revenue of $1.3M, expenses of $1.4M, and assets of $541K (revenue +2.2% year-over-year).
2015: Revenue of $1.3M, expenses of $1.3M, and assets of $616K (revenue -4.4% year-over-year).
2014: Revenue of $1.3M, expenses of $1.3M, and assets of $595K (revenue +27.9% year-over-year).
2013: Revenue of $1.0M, expenses of $809K, and assets of $539K (revenue +26.7% year-over-year).
2012: Revenue of $822K, expenses of $817K, and assets of $299K (revenue +31.9% year-over-year).
2011: Revenue of $623K, expenses of $564K, and assets of $294K.

Data Sources and Methodology

This transparency report for River Of Life 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.