Rivers Health Foundation
Rivers Health Foundation shows highly volatile revenue and expenses with no executive compensation.
EIN: 200120079 · Point Pleasant, WV · NTEE: E11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $284K |
| Total Expenses | $23K |
| Program Spending | 85% |
| Net Assets | $363K |
| Transparency Score | 70/100 |
Is Rivers Health Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rivers Health Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rivers Health Foundation
Rivers Health Foundation (EIN: 200120079) is a nonprofit organization based in Point Pleasant, WV, classified under NTEE code E11. The organization reported total revenue of $284K and total assets of $467K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rivers Health Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rivers Health Foundation is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $23K |
| Surplus / Deficit | $-4,552 |
| Total Assets | $371K |
| Total Liabilities | $8K |
| Net Assets | $363K |
| Operating Margin | -25.2% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 196.8 months |
Financial Health Grade: B
In 2023, Rivers Health Foundation reported a deficit of $5K with expenses exceeding revenue, holds 196.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rivers Health Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -90.1% | -91.2% | +4.4% |
| 2022 | +994.9% | — | -21.2% |
| 2021 | -65.7% | -100.0% | +8.5% |
| 2020 | +42.8% | +5064.3% | -52.6% |
| 2019 | -95.0% | +143.9% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Rivers Health Foundation with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rivers Health Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly favorable for direct program spending.
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 Rivers Health Foundation's IRS 990 filings:
- Highly inconsistent revenue and expense patterns across years
- Periods of $0 reported expenses (e.g., 202109) raise questions about operational continuity or reporting completeness
- Significant year-over-year swings in assets without clear explanation
Strengths
The following positive indicators were identified for Rivers Health Foundation:
- Consistent 0% officer compensation across all filings, indicating efficient use of funds for mission
- Maintains a substantial asset base relative to its annual operating expenses in many years
- No significant liabilities reported in most recent filings (e.g., $0 in 202209)
Frequently Asked Questions about Rivers Health Foundation
Is Rivers Health Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rivers Health Foundation (EIN: 200120079) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Rivers Health Foundation spend its money?
Rivers Health Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rivers Health Foundation tax-deductible?
Rivers Health Foundation is registered as a tax-exempt nonprofit (EIN: 200120079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rivers Health Foundation's spending goes to programs?
Rivers Health Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rivers Health Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Rivers Health Foundation is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rivers Health Foundation located?
Rivers Health Foundation is headquartered in Point Pleasant, West Virginia and files with the IRS under EIN 200120079. It is classified under NTEE code E11.
How many years of IRS 990 filings does Rivers Health Foundation have?
Rivers Health Foundation 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 $284K in total revenue.
Is Rivers Health Foundation a good charity?
Rivers Health Foundation demonstrates a strong commitment to its mission by reporting 0% officer compensation across all filings, meaning all funds are theoretically available for programs and operations. However, the significant volatility in revenue and expenses, including periods of $0 expenses, makes it difficult to fully assess its operational consistency and impact.
Why are the revenue and expenses so inconsistent year-over-year?
The IRS 990 data shows extreme fluctuations, such as revenue jumping from $18,069 in 202309 to $684,127 in 201809, and expenses ranging from $0 in 202109 to $527,012 in 202009. This inconsistency could be due to large, infrequent grants, specific project-based funding, or variations in reporting, but without further context, it's a notable pattern.
What caused the large expense of $527,012 in 202009?
The filing for period 202009 shows expenses of $527,012, which is significantly higher than most other years. Without access to the full IRS 990 form, the specific nature of these expenses (e.g., a major program initiative, capital expenditure, or one-time event) cannot be determined from the summary data provided.
How does the organization sustain itself with such low revenues in some years?
In years with very low revenue, such as $16,676 in 202109, the organization appears to rely on its existing assets, which were $450,946 in that period. The ability to operate with minimal expenses in some years (e.g., $0 in 202109) also contributes to its survival during lean periods.
Filing History
IRS 990 filing history for Rivers Health Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rivers Health Foundation's revenue has declined by 31.5%, moving from $26K to $18K. Total assets increased by 1127.3% over the same period, from $30K to $371K. Total functional expenses fell by 3.8%, from $24K to $23K. In its most recent filing year (2023), Rivers Health Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $8K in liabilities against $371K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $363K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $23K | $371K | $8K | — | — |
| 2022 | $183K | $257K | $356K | $0 | — | View 990 |
| 2021 | $17K | $0 | $451K | $0 | — | View 990 |
| 2020 | $49K | $527K | $416K | $0 | — | View 990 |
| 2019 | $34K | $10K | $877K | $1K | — | View 990 |
| 2018 | $684K | $4K | $837K | $0 | — | View 990 |
| 2017 | $30K | $14K | $144K | $0 | — | View 990 |
| 2016 | $34K | $9K | $134K | $6K | — | View 990 |
| 2015 | $27K | $1K | $117K | $15K | — | View 990 |
| 2014 | $33K | $25 | $92K | $15K | — | View 990 |
| 2013 | $405 | $10K | $60K | $15K | — | View 990 |
| 2012 | $40K | $16K | $69K | $15K | — | View 990 |
| 2011 | $26K | $24K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $23K, and assets of $371K (revenue -90.1% year-over-year).
- 2022: Revenue of $183K, expenses of $257K, and assets of $356K (revenue +994.9% year-over-year).
- 2021: Revenue of $17K, expenses of $0, and assets of $451K (revenue -65.7% year-over-year).
- 2020: Revenue of $49K, expenses of $527K, and assets of $416K (revenue +42.8% year-over-year).
- 2019: Revenue of $34K, expenses of $10K, and assets of $877K (revenue -95.0% year-over-year).
- 2018: Revenue of $684K, expenses of $4K, and assets of $837K (revenue +2170.2% year-over-year).
- 2017: Revenue of $30K, expenses of $14K, and assets of $144K (revenue -11.8% year-over-year).
- 2016: Revenue of $34K, expenses of $9K, and assets of $134K (revenue +28.8% year-over-year).
- 2015: Revenue of $27K, expenses of $1K, and assets of $117K (revenue -19.0% year-over-year).
- 2014: Revenue of $33K, expenses of $25, and assets of $92K (revenue +7985.4% year-over-year).
- 2013: Revenue of $405, expenses of $10K, and assets of $60K (revenue -99.0% year-over-year).
- 2012: Revenue of $40K, expenses of $16K, and assets of $69K (revenue +50.2% year-over-year).
- 2011: Revenue of $26K, expenses of $24K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rivers Health Foundation:
Data Sources and Methodology
This transparency report for Rivers Health 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.