Riverkeeper Inc
Riverkeeper Inc shows consistent revenue and growing assets over the past decade.
EIN: 133204621 · Ossining, NY · NTEE: C320 · Updated: 2026-03-28
Is Riverkeeper Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riverkeeper Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riverkeeper Inc
Riverkeeper Inc (EIN: 133204621) is a nonprofit organization based in Ossining, NY, classified under NTEE code C320. The organization reported total revenue of $5.4M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverkeeper Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Riverkeeper 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: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Riverkeeper Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all reported periods, which is unusual for an organization of this size with annual revenues exceeding $4 million. This could imply that executive compensation is either not reported under 'Officer Comp' or that leadership is entirely volunteer-based, warranting further inquiry for clarity.
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 Riverkeeper Inc's IRS 990 filings:
- Lack of reported officer compensation (0%) across all filings, which is unusual for an organization of this scale and warrants further investigation for transparency.
Strengths
The following positive indicators were identified for Riverkeeper Inc:
- Consistent revenue generation, averaging over $4 million annually.
- Strong growth in net assets over the past decade, indicating financial stability and accumulation of reserves.
- Relatively low liabilities compared to assets, demonstrating sound financial management.
- Consistent filing of IRS 990s over 13 periods, showing commitment to regulatory transparency.
- Positive net income in most years, contributing to asset growth.
Frequently Asked Questions about Riverkeeper Inc
Is Riverkeeper Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverkeeper Inc (EIN: 133204621) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Riverkeeper Inc spend its money?
Riverkeeper Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Riverkeeper Inc tax-deductible?
Riverkeeper Inc is registered as a tax-exempt nonprofit (EIN: 133204621). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Riverkeeper Inc a good charity?
Based on its consistent financial health, growing assets, and regular IRS 990 filings, Riverkeeper Inc appears to be a well-managed and transparent organization. Its mission focus (NTEE C320 - Environmental Protection & Conservation) is supported by stable finances. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of its efficiency.
How does Riverkeeper Inc manage its liabilities?
Riverkeeper Inc generally maintains low liabilities relative to its assets. For example, in 2023, liabilities were $421,064 against assets of $3,924,883, and in 2022, liabilities were $122,725 against assets of $3,555,297. This indicates a conservative approach to debt and strong financial management.
What is the trend in Riverkeeper Inc's net assets?
Riverkeeper Inc has shown a positive trend in net assets, growing from $1,661,736 in 2014 to $3,924,883 in 2023. This consistent growth suggests effective financial stewardship and the ability to build reserves.
Filing History
IRS 990 filing history for Riverkeeper Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Riverkeeper Inc's revenue has grown by 14.1%, moving from $3.8M to $4.4M. Total assets increased by 146.1% over the same period, from $1.6M to $3.9M. Total functional expenses rose by 14%, from $3.8M to $4.3M. In its most recent filing year (2023), Riverkeeper Inc reported a surplus of $71K, with revenue exceeding expenses. The organization holds $421K in liabilities against $3.9M in assets (debt-to-asset ratio: 10.7%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.3M | $3.9M | $421K | — | View 990 |
| 2022 | $4.4M | $4.5M | $3.6M | $123K | — | View 990 |
| 2021 | $5.4M | $4.5M | $4.0M | $571K | — | View 990 |
| 2020 | $4.4M | $4.2M | $3.2M | $645K | — | View 990 |
| 2019 | $4.3M | $4.0M | $2.4M | $75K | — | View 990 |
| 2018 | $3.9M | $4.3M | $2.1M | $74K | — | View 990 |
| 2017 | $4.1M | $4.3M | $2.7M | $201K | — | View 990 |
| 2016 | $4.6M | $4.4M | $3.0M | $323K | — | View 990 |
| 2015 | $5.1M | $4.2M | $2.9M | $421K | — | View 990 |
| 2014 | $4.1M | $3.8M | $1.7M | $128K | — | View 990 |
| 2013 | $3.6M | $3.6M | $1.4M | $138K | — | View 990 |
| 2012 | $3.7M | $3.8M | $1.9M | $626K | — | View 990 |
| 2011 | $3.8M | $3.8M | $1.6M | $219K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.3M, and assets of $3.9M (revenue -1.0% year-over-year).
- 2022: Revenue of $4.4M, expenses of $4.5M, and assets of $3.6M (revenue -18.9% year-over-year).
- 2021: Revenue of $5.4M, expenses of $4.5M, and assets of $4.0M (revenue +25.1% year-over-year).
- 2020: Revenue of $4.4M, expenses of $4.2M, and assets of $3.2M (revenue +2.3% year-over-year).
- 2019: Revenue of $4.3M, expenses of $4.0M, and assets of $2.4M (revenue +9.2% year-over-year).
- 2018: Revenue of $3.9M, expenses of $4.3M, and assets of $2.1M (revenue -5.0% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.3M, and assets of $2.7M (revenue -11.5% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.4M, and assets of $3.0M (revenue -8.8% year-over-year).
- 2015: Revenue of $5.1M, expenses of $4.2M, and assets of $2.9M (revenue +24.9% year-over-year).
- 2014: Revenue of $4.1M, expenses of $3.8M, and assets of $1.7M (revenue +14.6% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.6M, and assets of $1.4M (revenue -3.0% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.8M, and assets of $1.9M (revenue -4.4% year-over-year).
- 2011: Revenue of $3.8M, expenses of $3.8M, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Riverkeeper 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.