Riverside Research Institute
Riverside Research Institute shows consistent revenue growth and financial stability with no reported officer compensation.
EIN: 132593244 · Fairfax, VA · NTEE: H050 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $189.3M |
| Total Expenses | $149.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $160 |
| Net Assets | $95.7M |
| Transparency Score | 85/100 |
Is Riverside Research Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Riverside Research Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Riverside Research Institute
Riverside Research Institute (EIN: 132593244) is a nonprofit organization based in Fairfax, VA, classified under NTEE code H050. The organization reported total revenue of $189.3M and total assets of $171.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverside Research Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverside Research Institute is a major nonprofit that has been operating for 59 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $162.7M |
| Total Expenses | $149.2M |
| Surplus / Deficit | +$13.5M |
| Total Assets | $142.4M |
| Total Liabilities | $46.8M |
| Net Assets | $95.7M |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 32.8% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, Riverside Research Institute reported a surplus of $13.5M with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 32.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Riverside Research Institute's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | +11.6% | +40.0% |
| 2022 | +9.4% | +10.3% | -5.1% |
| 2021 | -1.5% | -2.5% | +6.9% |
| 2020 | +897.5% | +820.8% | +9.9% |
| 2019 | -88.8% | -87.5% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 1967 |
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 Research Institute 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Riverside Research Institute 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 surplus of $13.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.8%.
Executive Compensation Analysis
No officer compensation is reported across all provided filings, which is highly unusual for an organization of this size with revenues exceeding $160 million. This could indicate that executive compensation is categorized differently or not disclosed in this summary, warranting further scrutiny for full transparency.
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 Research Institute's IRS 990 filings:
- Unexplained 0% officer compensation across all filings for a large organization.
Strengths
The following positive indicators were identified for Riverside Research Institute:
- Consistent and significant revenue growth, from $88M in 2015 to $162M in 2023.
- Strong financial health with consistent operating surpluses (e.g., $13.4M surplus in 2023).
- Substantial growth in assets, indicating financial stability and capacity.
- Well-managed liabilities relative to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about Riverside Research Institute
Is Riverside Research Institute a legitimate charity?
Riverside Research Institute (EIN: 132593244) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $189.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Riverside Research Institute spend its money?
Riverside Research Institute directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Riverside Research Institute tax-deductible?
Riverside Research Institute is registered as a tax-exempt nonprofit (EIN: 132593244). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Riverside Research Institute CEO make?
Riverside Research Institute's highest-compensated officer earns $160 annually. The organization reported $189.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Riverside Research Institute's spending goes to programs?
Riverside Research Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Riverside Research Institute compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Riverside Research Institute is above average for NTEE category H050 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Riverside Research Institute located?
Riverside Research Institute is headquartered in Fairfax, Virginia and files with the IRS under EIN 132593244. It is classified under NTEE code H050.
How many years of IRS 990 filings does Riverside Research Institute have?
Riverside Research Institute 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 $189.3M in total revenue.
How does Riverside Research Institute manage to report 0% officer compensation?
The provided data consistently shows 0% officer compensation across all filings. This is highly unusual for an organization of its scale and suggests that executive compensation might be reported under different categories (e.g., salaries and wages for key employees) or that the organization has a unique compensation structure. Further investigation into their full IRS 990 forms would be necessary to understand this.
What is the primary driver of Riverside Research Institute's significant revenue growth?
Riverside Research Institute has shown substantial revenue growth, from $88,099,720 in 2015 to $162,656,925 in 2023. While the specific drivers are not detailed in the provided data, this consistent increase suggests successful program expansion, increased grant funding, or growing contracts, aligning with its NTEE code for scientific research.
Is the organization's asset growth sustainable?
The organization's assets have grown significantly, from $66,823,755 in 2015 to $142,413,433 in 2023. This growth is generally sustainable as it is accompanied by consistent revenue increases and operating surpluses, indicating that the asset accumulation is supported by ongoing financial health rather than unsustainable practices.
Filing History
IRS 990 filing history for Riverside Research Institute showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Riverside Research Institute's revenue has grown by 87.1%, moving from $86.9M to $162.7M. Total assets increased by 202.7% over the same period, from $47.1M to $142.4M. Total functional expenses rose by 78.7%, from $83.5M to $149.2M. In its most recent filing year (2023), Riverside Research Institute reported a surplus of $13.5M, with revenue exceeding expenses. The organization holds $46.8M in liabilities against $142.4M in assets (debt-to-asset ratio: 32.8%), resulting in net assets of $95.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $162.7M | $149.2M | $142.4M | $46.8M | — | — |
| 2022 | $139.3M | $133.7M | $101.7M | $27.4M | — | View 990 |
| 2021 | $127.4M | $121.3M | $107.1M | $27.5M | — | View 990 |
| 2020 | $129.4M | $124.4M | $100.2M | $29.4M | — | — |
| 2019 | $13.0M | $13.5M | $91.2M | $29.3M | — | View 990 |
| 2019 | $116.1M | $108.3M | $88.0M | $26.1M | — | View 990 |
| 2018 | $97.5M | $93.2M | $73.8M | $22.1M | — | View 990 |
| 2017 | $90.8M | $89.4M | $68.3M | $20.2M | — | — |
| 2016 | $84.8M | $88.1M | $62.4M | $18.5M | — | View 990 |
| 2015 | $88.1M | $86.7M | $66.8M | $19.7M | — | View 990 |
| 2014 | $86.0M | $84.6M | $63.5M | $17.3M | — | View 990 |
| 2013 | $95.9M | $89.8M | $62.7M | $19.0M | — | View 990 |
| 2012 | $96.6M | $89.3M | $53.4M | $17.3M | — | View 990 |
| 2011 | $86.9M | $83.5M | $47.1M | $18.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $162.7M, expenses of $149.2M, and assets of $142.4M (revenue +16.7% year-over-year).
- 2022: Revenue of $139.3M, expenses of $133.7M, and assets of $101.7M (revenue +9.4% year-over-year).
- 2021: Revenue of $127.4M, expenses of $121.3M, and assets of $107.1M (revenue -1.5% year-over-year).
- 2020: Revenue of $129.4M, expenses of $124.4M, and assets of $100.2M (revenue +897.5% year-over-year).
- 2019: Revenue of $13.0M, expenses of $13.5M, and assets of $91.2M (revenue -88.8% year-over-year).
- 2019: Revenue of $116.1M, expenses of $108.3M, and assets of $88.0M (revenue +19.1% year-over-year).
- 2018: Revenue of $97.5M, expenses of $93.2M, and assets of $73.8M (revenue +7.3% year-over-year).
- 2017: Revenue of $90.8M, expenses of $89.4M, and assets of $68.3M (revenue +7.1% year-over-year).
- 2016: Revenue of $84.8M, expenses of $88.1M, and assets of $62.4M (revenue -3.8% year-over-year).
- 2015: Revenue of $88.1M, expenses of $86.7M, and assets of $66.8M (revenue +2.4% year-over-year).
- 2014: Revenue of $86.0M, expenses of $84.6M, and assets of $63.5M (revenue -10.3% year-over-year).
- 2013: Revenue of $95.9M, expenses of $89.8M, and assets of $62.7M (revenue -0.8% year-over-year).
- 2012: Revenue of $96.6M, expenses of $89.3M, and assets of $53.4M (revenue +11.2% year-over-year).
- 2011: Revenue of $86.9M, expenses of $83.5M, and assets of $47.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverside Research Institute:
Data Sources and Methodology
This transparency report for Riverside Research Institute 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.