Riverside International Friendship Gardens Inc
Riverside International Friendship Gardens Inc. maintains zero liabilities and consistent asset growth with volunteer leadership.
EIN: 201738498 · La Crosse, WI · NTEE: Q21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $278K |
| Total Expenses | $35K |
| Program Spending | 90% |
| Net Assets | $334K |
| Transparency Score | 95/100 |
Is Riverside International Friendship Gardens Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riverside International Friendship Gardens Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riverside International Friendship Gardens Inc
Riverside International Friendship Gardens Inc (EIN: 201738498) is a nonprofit organization based in La Crosse, WI, classified under NTEE code Q21. The organization reported total revenue of $278K and total assets of $590K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverside International Friendship Gardens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverside International Friendship Gardens Inc is a small nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $35K |
| Surplus / Deficit | $-12,740 |
| Total Assets | $334K |
| Net Assets | $334K |
| Operating Margin | -56.8% |
| Months of Reserves | 114.0 months |
Financial Health Grade: B
In 2023, Riverside International Friendship Gardens Inc reported a deficit of $13K with expenses exceeding revenue, holds 114.0 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2014–2023), Riverside International Friendship Gardens Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.8% | +8.7% | -0.8% |
| 2022 | -66.6% | -15.1% | -6.7% |
| 2021 | -21.3% | +21.7% | +16.0% |
| 2020 | -1.0% | +12.5% | +35.0% |
| 2019 | +71.0% | +50.4% | +58.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Riverside International Friendship Gardens Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Riverside International Friendship Gardens Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $13K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all nine filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Riverside International Friendship Gardens Inc:
- Consistent zero liabilities across all filings
- Significant asset growth from $123,966 in 2014 to $334,269 in 2023
- 0% officer compensation, indicating volunteer leadership and low overhead
- Low and stable expenses relative to assets and mission
- Clear programmatic focus aligned with NTEE code Q21
Frequently Asked Questions about Riverside International Friendship Gardens Inc
Is Riverside International Friendship Gardens Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Riverside International Friendship Gardens Inc (EIN: 201738498) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Riverside International Friendship Gardens Inc spend its money?
Riverside International Friendship Gardens Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Riverside International Friendship Gardens Inc tax-deductible?
Riverside International Friendship Gardens Inc is registered as a tax-exempt nonprofit (EIN: 201738498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Riverside International Friendship Gardens Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Riverside International Friendship Gardens Inc is above average for NTEE category Q21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Riverside International Friendship Gardens Inc located?
Riverside International Friendship Gardens Inc is headquartered in La Crosse, Wisconsin and files with the IRS under EIN 201738498. It is classified under NTEE code Q21.
How many years of IRS 990 filings does Riverside International Friendship Gardens Inc have?
Riverside International Friendship Gardens Inc has 9 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 $278K in total revenue.
Is Riverside International Friendship Gardens Inc. financially stable?
Yes, the organization appears financially stable, consistently reporting zero liabilities and growing assets from $123,966 in 2014 to $334,269 in 2023, despite fluctuating revenues.
How efficient is Riverside International Friendship Gardens Inc. with its spending?
The organization demonstrates high spending efficiency, with expenses consistently low relative to revenue and assets, and 0% officer compensation, suggesting nearly all funds are directed towards programs and essential administration.
Does Riverside International Friendship Gardens Inc. have high administrative costs?
No, the administrative costs appear very low, primarily due to the consistent reporting of 0% officer compensation across all filings, indicating a volunteer-led structure.
What is the trend in the organization's revenue?
Revenue has fluctuated over the years, with peaks in 2019 ($113,073) and 2020 ($111,929), but the latest reported revenue for 2023 was $22,445, which is lower than previous years.
Are there any liabilities reported by the organization?
No, the organization has consistently reported $0 in liabilities across all nine IRS 990 filings, indicating strong financial health and responsible management.
Filing History
IRS 990 filing history for Riverside International Friendship Gardens Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2023), Riverside International Friendship Gardens Inc's revenue has declined by 64.2%, moving from $63K to $22K. Total assets increased by 169.6% over the same period, from $124K to $334K. Total functional expenses rose by 64.3%, from $21K to $35K. In its most recent filing year (2023), Riverside International Friendship Gardens Inc reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $35K | $334K | $0 | — | — |
| 2022 | $29K | $32K | $337K | $0 | — | View 990 |
| 2021 | $88K | $38K | $361K | $0 | — | View 990 |
| 2020 | $112K | $31K | $311K | $0 | — | — |
| 2019 | $113K | $28K | $231K | $0 | — | View 990 |
| 2018 | $66K | $18K | $145K | $0 | — | View 990 |
| 2017 | $6K | $15K | $98K | $0 | — | View 990 |
| 2016 | $13K | $21K | $107K | $0 | — | View 990 |
| 2014 | $63K | $21K | $124K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $35K, and assets of $334K (revenue -23.8% year-over-year).
- 2022: Revenue of $29K, expenses of $32K, and assets of $337K (revenue -66.6% year-over-year).
- 2021: Revenue of $88K, expenses of $38K, and assets of $361K (revenue -21.3% year-over-year).
- 2020: Revenue of $112K, expenses of $31K, and assets of $311K (revenue -1.0% year-over-year).
- 2019: Revenue of $113K, expenses of $28K, and assets of $231K (revenue +71.0% year-over-year).
- 2018: Revenue of $66K, expenses of $18K, and assets of $145K (revenue +970.0% year-over-year).
- 2017: Revenue of $6K, expenses of $15K, and assets of $98K (revenue -51.4% year-over-year).
- 2016: Revenue of $13K, expenses of $21K, and assets of $107K (revenue -79.7% year-over-year).
- 2014: Revenue of $63K, expenses of $21K, and assets of $124K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverside International Friendship Gardens Inc:
Data Sources and Methodology
This transparency report for Riverside International Friendship Gardens 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.