Rivers Of Recovery Inc
EIN: 262260491 · Eagan, MN · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $493K |
| Total Expenses | $295K |
| Net Assets | $57K |
Is Rivers Of Recovery Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rivers Of Recovery Inc
Rivers Of Recovery Inc (EIN: 262260491) is a nonprofit organization based in Eagan, MN, classified under NTEE code N67. The organization reported total revenue of $493K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rivers Of Recovery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rivers Of Recovery Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $277K |
| Total Expenses | $295K |
| Surplus / Deficit | $-18,039 |
| Total Assets | $118K |
| Total Liabilities | $61K |
| Net Assets | $57K |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 51.7% |
| Months of Reserves | 4.8 months |
Financial Health Grade: C
In 2023, Rivers Of Recovery Inc reported a deficit of $18K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 51.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rivers Of Recovery Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +16.2% | -11.5% |
| 2022 | -14.6% | -13.7% | +2.4% |
| 2021 | +42.6% | +47.4% | +35.6% |
| 2020 | -39.5% | -45.0% | +28.4% |
| 2019 | -3.9% | +5.1% | -15.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rivers Of Recovery Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rivers Of Recovery Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.7%.
Frequently Asked Questions about Rivers Of Recovery Inc
Is Rivers Of Recovery Inc a legitimate charity?
Rivers Of Recovery Inc (EIN: 262260491) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $493K. No red flags identified. Financial health grade: C.
How does Rivers Of Recovery Inc spend its money?
Rivers Of Recovery Inc reported $493K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rivers Of Recovery Inc tax-deductible?
Rivers Of Recovery Inc is registered as a tax-exempt nonprofit (EIN: 262260491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rivers Of Recovery Inc located?
Rivers Of Recovery Inc is headquartered in Eagan, Minnesota and files with the IRS under EIN 262260491. It is classified under NTEE code N67.
How many years of IRS 990 filings does Rivers Of Recovery Inc have?
Rivers Of Recovery Inc 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 $493K in total revenue.
Filing History
IRS 990 filing history for Rivers Of Recovery Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rivers Of Recovery Inc's revenue has declined by 27.1%, moving from $379K to $277K. Total assets increased by 34.7% over the same period, from $88K to $118K. Total functional expenses fell by 13.6%, from $341K to $295K. In its most recent filing year (2023), Rivers Of Recovery Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $61K in liabilities against $118K in assets (debt-to-asset ratio: 51.7%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $277K | $295K | $118K | $61K | — | — |
| 2022 | $267K | $253K | $133K | $58K | — | View 990 |
| 2021 | $313K | $294K | $130K | $69K | — | View 990 |
| 2020 | $219K | $199K | $96K | $54K | — | — |
| 2019 | $363K | $362K | $75K | $53K | — | View 990 |
| 2018 | $378K | $345K | $88K | $67K | — | View 990 |
| 2017 | $317K | $335K | $70K | $82K | — | View 990 |
| 2016 | $322K | $337K | $62K | $56K | — | View 990 |
| 2015 | $327K | $345K | $64K | $43K | — | View 990 |
| 2014 | $502K | $593K | $124K | $84K | — | View 990 |
| 2013 | $529K | $581K | $150K | $21K | — | View 990 |
| 2012 | $619K | $506K | $200K | $18K | — | View 990 |
| 2011 | $379K | $341K | $88K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $277K, expenses of $295K, and assets of $118K (revenue +3.6% year-over-year).
- 2022: Revenue of $267K, expenses of $253K, and assets of $133K (revenue -14.6% year-over-year).
- 2021: Revenue of $313K, expenses of $294K, and assets of $130K (revenue +42.6% year-over-year).
- 2020: Revenue of $219K, expenses of $199K, and assets of $96K (revenue -39.5% year-over-year).
- 2019: Revenue of $363K, expenses of $362K, and assets of $75K (revenue -3.9% year-over-year).
- 2018: Revenue of $378K, expenses of $345K, and assets of $88K (revenue +19.3% year-over-year).
- 2017: Revenue of $317K, expenses of $335K, and assets of $70K (revenue -1.5% year-over-year).
- 2016: Revenue of $322K, expenses of $337K, and assets of $62K (revenue -1.8% year-over-year).
- 2015: Revenue of $327K, expenses of $345K, and assets of $64K (revenue -34.8% year-over-year).
- 2014: Revenue of $502K, expenses of $593K, and assets of $124K (revenue -5.1% year-over-year).
- 2013: Revenue of $529K, expenses of $581K, and assets of $150K (revenue -14.5% year-over-year).
- 2012: Revenue of $619K, expenses of $506K, and assets of $200K (revenue +63.3% year-over-year).
- 2011: Revenue of $379K, expenses of $341K, and assets of $88K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rivers Of Recovery Inc:
Data Sources and Methodology
This transparency report for Rivers Of Recovery 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.