Riverside Park Conservancy Inc
Riverside Park Conservancy Inc shows strong growth but recent expenses exceed revenue.
EIN: 133443825 · New York, NY · NTEE: C115 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.7M |
| Total Expenses | $11.6M |
| Program Spending | 75% |
| Net Assets | $7.0M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Riverside Park Conservancy Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Riverside Park Conservancy Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Riverside Park Conservancy Inc in one place.
Form 990 Filing Summary
14 filing years are available, with latest revenue of $9.9M and expenses of $11.6M.
Revenue and Expenses
Riverside Park Conservancy Inc reported $9.9M in revenue and $11.6M in expenses, a deficit of $1.7M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Riverside Park Conservancy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $8.7M (75%) |
Across stored filings, Riverside Park Conservancy Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade B | 14 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Environment context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Follow the Money
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Keep the Investigation Moving
Riverside Park Conservancy Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riverside Park Conservancy Inc
Riverside Park Conservancy Inc (EIN: 133443825) is a nonprofit organization based in New York, NY, classified under NTEE code C115. The organization reported total revenue of $12.7M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverside Park Conservancy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverside Park Conservancy Inc is a large nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.9M |
| Total Expenses | $11.6M |
| Surplus / Deficit | $-1,684,204 |
| Total Assets | $8.4M |
| Total Liabilities | $1.4M |
| Net Assets | $7.0M |
| Operating Margin | -17.1% |
| Debt-to-Asset Ratio | 16.5% |
| Months of Reserves | 8.7 months |
Financial Health Grade: B
In 2023, Riverside Park Conservancy Inc reported a deficit of $1.7M with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 16.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Riverside Park Conservancy Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | +18.7% | -18.9% |
| 2022 | -0.4% | +29.1% | -9.0% |
| 2021 | +12.6% | +25.5% | +30.3% |
| 2020 | +16.5% | -16.7% | +41.6% |
| 2019 | -1.2% | +24.6% | +11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Park Conservancy 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Riverside Park Conservancy Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and revenue, suggesting either a volunteer-led executive team or compensation being categorized differently.
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 Riverside Park Conservancy Inc's IRS 990 filings:
- Expenses exceeding revenue in recent fiscal periods (e.g., 2023 and 2022)
- Consistent reporting of 0% officer compensation, which is unusual for an organization of this scale and could obscure executive remuneration if reported elsewhere.
Strengths
The following positive indicators were identified for Riverside Park Conservancy Inc:
- Consistent and significant revenue growth over the past decade (from $2.8M in 2014 to $9.8M in 2023).
- Strong asset base relative to liabilities, indicating financial stability (e.g., $8.3M assets vs. $1.3M liabilities in 2023).
- Regular and extensive IRS 990 filing history (14 filings), demonstrating transparency and compliance.
- Mission alignment with NTEE code C115 (Parks and Playgrounds).
Frequently Asked Questions about Riverside Park Conservancy Inc
Is Riverside Park Conservancy Inc a legitimate charity?
Riverside Park Conservancy Inc (EIN: 133443825) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $12.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Riverside Park Conservancy Inc spend its money?
Riverside Park Conservancy Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Riverside Park Conservancy Inc tax-deductible?
Riverside Park Conservancy Inc is registered as a tax-exempt nonprofit (EIN: 133443825). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Riverside Park Conservancy Inc's spending goes to programs?
Riverside Park Conservancy Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Riverside Park Conservancy Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Riverside Park Conservancy Inc is above average for NTEE category C115 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Riverside Park Conservancy Inc located?
Riverside Park Conservancy Inc is headquartered in New York, New York and files with the IRS under EIN 133443825. It is classified under NTEE code C115.
How many years of IRS 990 filings does Riverside Park Conservancy Inc have?
Riverside Park Conservancy Inc has 14 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 $12.7M in total revenue.
Is Riverside Park Conservancy Inc a good charity?
Based on its consistent growth in revenue and assets, strong program alignment with its NTEE code, and a history of regular IRS filings, it appears to be a well-supported and compliant organization. The lack of reported officer compensation is a unique characteristic that could be viewed positively for resource allocation, though it warrants further inquiry for full understanding.
Why are expenses exceeding revenue in recent years?
In 2023, expenses were $11,557,151 against $9,872,947 in revenue, and in 2022, expenses were $9,737,559 against $9,246,447 in revenue. This trend could indicate strategic investments, expansion of programs, or timing differences in grant funding. It's a point to monitor to ensure long-term financial stability.
How does the organization manage without reported officer compensation?
The filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation for key management is reported under other expense categories, which would require more detailed financial statements to clarify.
Filing History
IRS 990 filing history for Riverside Park Conservancy Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Riverside Park Conservancy Inc's revenue has grown by 473.6%, moving from $1.7M to $9.9M. Total assets increased by 430.3% over the same period, from $1.6M to $8.4M. Total functional expenses rose by 596.5%, from $1.7M to $11.6M. In its most recent filing year (2023), Riverside Park Conservancy Inc reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $8.4M in assets (debt-to-asset ratio: 16.5%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.9M | $11.6M | $8.4M | $1.4M | — | — |
| 2022 | $9.2M | $9.7M | $10.3M | $2.0M | — | — |
| 2021 | $9.3M | $7.5M | $11.4M | $2.1M | — | View 990 |
| 2020 | $8.3M | $6.0M | $8.7M | $1.5M | — | View 990 |
| 2019 | $7.1M | $7.2M | $6.2M | $1.3M | — | View 990 |
| 2018 | $7.2M | $5.8M | $5.5M | $811K | — | View 990 |
| 2017 | $4.8M | $5.3M | $4.2M | $842K | — | View 990 |
| 2016 | $5.3M | $4.7M | $4.8M | $1.0M | — | View 990 |
| 2015 | $4.8M | $3.6M | $3.5M | $341K | — | View 990 |
| 2014 | $2.8M | $2.7M | $2.1M | $42K | — | View 990 |
| 2013 | $1.4M | $1.4M | $1.9M | $56K | — | View 990 |
| 2013 | $1.9M | $1.8M | $2.1M | $307K | — | View 990 |
| 2012 | $1.7M | $1.5M | $1.8M | $90K | — | View 990 |
| 2011 | $1.7M | $1.7M | $1.6M | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.9M, expenses of $11.6M, and assets of $8.4M (revenue +6.8% year-over-year).
- 2022: Revenue of $9.2M, expenses of $9.7M, and assets of $10.3M (revenue -0.4% year-over-year).
- 2021: Revenue of $9.3M, expenses of $7.5M, and assets of $11.4M (revenue +12.6% year-over-year).
- 2020: Revenue of $8.3M, expenses of $6.0M, and assets of $8.7M (revenue +16.5% year-over-year).
- 2019: Revenue of $7.1M, expenses of $7.2M, and assets of $6.2M (revenue -1.2% year-over-year).
- 2018: Revenue of $7.2M, expenses of $5.8M, and assets of $5.5M (revenue +48.7% year-over-year).
- 2017: Revenue of $4.8M, expenses of $5.3M, and assets of $4.2M (revenue -8.5% year-over-year).
- 2016: Revenue of $5.3M, expenses of $4.7M, and assets of $4.8M (revenue +10.8% year-over-year).
- 2015: Revenue of $4.8M, expenses of $3.6M, and assets of $3.5M (revenue +67.4% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.7M, and assets of $2.1M (revenue +110.1% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $1.9M (revenue -27.0% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.8M, and assets of $2.1M (revenue +11.2% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.5M, and assets of $1.8M (revenue -3.2% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverside Park Conservancy Inc:
Data Sources and Methodology
This transparency report for Riverside Park Conservancy 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.