River Tree Arts
River Tree Arts maintains consistent operations with recent deficits and no reported officer compensation.
EIN: 10411857 · Kennebunk, ME · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $378K |
| Total Expenses | $361K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $128K |
| Transparency Score | 75/100 |
Is River Tree Arts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
River Tree Arts directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About River Tree Arts
River Tree Arts (EIN: 10411857) is a nonprofit organization based in Kennebunk, ME, classified under NTEE code A6E0. The organization reported total revenue of $378K and total assets of $397K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of River Tree Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
River Tree Arts is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $324K |
| Total Expenses | $361K |
| Surplus / Deficit | $-36,684 |
| Total Assets | $472K |
| Total Liabilities | $344K |
| Net Assets | $128K |
| Operating Margin | -11.3% |
| Debt-to-Asset Ratio | 72.8% |
| Months of Reserves | 15.7 months |
Financial Health Grade: C
In 2024, River Tree Arts reported a deficit of $37K with expenses exceeding revenue, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 72.8% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), River Tree Arts's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -15.3% | -6.8% | -9.6% |
| 2023 | +12.3% | +25.6% | -2.6% |
| 2022 | +24.5% | +28.2% | -0.9% |
| 2021 | -14.9% | -29.1% | +0.8% |
| 2020 | +12.2% | +17.8% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1986 |
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 River Tree Arts with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, River Tree Arts allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.8%.
Executive Compensation Analysis
River Tree Arts consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation. This suggests a strong commitment to directing funds towards the organization's mission rather than executive salaries, especially for an organization of its size with revenues typically under $400,000.
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 Tree Arts's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $36,684 in 202404, $4,250 in 202304), indicating expenses exceeding revenue.
- Gradual decline in total assets over the past decade, from $606,591 in 201504 to $471,839 in 202404, which could impact long-term sustainability.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a precise assessment of spending efficiency.
Strengths
The following positive indicators were identified for River Tree Arts:
- Consistent IRS 990 filing history (13 filings), demonstrating a commitment to transparency.
- Zero reported officer compensation across all filings, suggesting a strong dedication of resources to mission-related activities.
- Stable revenue generation over the past decade, generally maintaining operations within a consistent financial range.
- Relatively stable liabilities, indicating responsible debt management.
Frequently Asked Questions about River Tree Arts
Is River Tree Arts a legitimate charity?
Based on AI analysis of IRS 990 filings, River Tree Arts (EIN: 10411857) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does River Tree Arts spend its money?
River Tree Arts directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to River Tree Arts tax-deductible?
River Tree Arts is registered as a tax-exempt nonprofit (EIN: 10411857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the River Tree Arts CEO make?
River Tree Arts's highest-compensated officer earns $400,000. annually. The organization reported $378K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of River Tree Arts's spending goes to programs?
River Tree Arts directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does River Tree Arts compare to similar nonprofits?
With a transparency score of 75/100 (Good), River Tree Arts is above average for NTEE category A6E0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is River Tree Arts located?
River Tree Arts is headquartered in Kennebunk, Maine and files with the IRS under EIN 10411857. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does River Tree Arts have?
River Tree Arts 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 $378K in total revenue.
What is the detailed breakdown of River Tree Arts' expenses into program, administrative, and fundraising categories?
The provided data does not offer a detailed breakdown of expenses beyond total expenses. To fully assess spending efficiency, a more granular view of how the $361,023 in expenses (202404) or $387,400 (202304) is allocated is needed.
How does River Tree Arts cover its operational deficits, such as the $36,684 deficit in 202404 ($324,339 revenue vs. $361,023 expenses)?
The organization likely covers these deficits by drawing from its assets or through future fundraising efforts. The gradual decline in assets from $606,591 in 201504 to $471,839 in 202404 could be partly attributed to covering such shortfalls.
What is the long-term strategy for asset management, given the consistent decline in total assets over the past decade?
Assets have decreased from $606,591 in 201504 to $471,839 in 202404. Understanding if this is due to strategic investments, covering operational costs, or other factors would be crucial for assessing long-term financial stability.
Are there any non-officer salaries or significant contractor payments that constitute de facto executive compensation?
While officer compensation is reported as 0%, it's important to understand if other high-level positions or contracted services effectively serve as executive compensation, which is not discernible from the provided data.
Filing History
IRS 990 filing history for River Tree Arts showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), River Tree Arts's revenue has grown by 86.6%, moving from $174K to $324K. Total assets decreased by 23% over the same period, from $613K to $472K. Total functional expenses rose by 3.6%, from $348K to $361K. In its most recent filing year (2024), River Tree Arts reported a deficit of $37K, with expenses exceeding revenue. The organization holds $344K in liabilities against $472K in assets (debt-to-asset ratio: 72.8%), resulting in net assets of $128K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $324K | $361K | $472K | $344K | — | — |
| 2023 | $383K | $387K | $522K | $357K | — | View 990 |
| 2022 | $341K | $308K | $536K | $367K | — | View 990 |
| 2021 | $274K | $241K | $541K | $405K | — | — |
| 2020 | $322K | $339K | $537K | $433K | — | View 990 |
| 2019 | $287K | $288K | $527K | $406K | — | View 990 |
| 2018 | $238K | $238K | $530K | $409K | — | — |
| 2017 | $241K | $224K | $548K | $426K | — | View 990 |
| 2016 | $195K | $287K | $544K | $439K | — | View 990 |
| 2015 | $187K | $293K | $607K | $410K | — | View 990 |
| 2014 | $236K | $373K | $751K | $448K | — | View 990 |
| 2013 | $191K | $356K | $851K | $411K | — | View 990 |
| 2012 | $174K | $348K | $613K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $324K, expenses of $361K, and assets of $472K (revenue -15.3% year-over-year).
- 2023: Revenue of $383K, expenses of $387K, and assets of $522K (revenue +12.3% year-over-year).
- 2022: Revenue of $341K, expenses of $308K, and assets of $536K (revenue +24.5% year-over-year).
- 2021: Revenue of $274K, expenses of $241K, and assets of $541K (revenue -14.9% year-over-year).
- 2020: Revenue of $322K, expenses of $339K, and assets of $537K (revenue +12.2% year-over-year).
- 2019: Revenue of $287K, expenses of $288K, and assets of $527K (revenue +20.6% year-over-year).
- 2018: Revenue of $238K, expenses of $238K, and assets of $530K (revenue -1.3% year-over-year).
- 2017: Revenue of $241K, expenses of $224K, and assets of $548K (revenue +23.6% year-over-year).
- 2016: Revenue of $195K, expenses of $287K, and assets of $544K (revenue +4.2% year-over-year).
- 2015: Revenue of $187K, expenses of $293K, and assets of $607K (revenue -20.8% year-over-year).
- 2014: Revenue of $236K, expenses of $373K, and assets of $751K (revenue +23.6% year-over-year).
- 2013: Revenue of $191K, expenses of $356K, and assets of $851K (revenue +9.9% year-over-year).
- 2012: Revenue of $174K, expenses of $348K, and assets of $613K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for River Tree Arts:
Data Sources and Methodology
This transparency report for River Tree Arts 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.