Riverspring Services Corp
EIN: 461763915 · Riverdale, NY · NTEE: E19
| Metric | Value |
|---|---|
| Total Revenue | $25.6M |
| Total Expenses | $25.8M |
| Net Assets | $0 |
Is Riverspring Services Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Riverspring Services Corp
Riverspring Services Corp (EIN: 461763915) is a nonprofit organization based in Riverdale, NY, classified under NTEE code E19. The organization reported total revenue of $25.6M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Riverspring Services Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Riverspring Services Corp is a large nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.8M |
| Total Expenses | $25.8M |
| Surplus / Deficit | +$0 |
| Total Assets | $5.5M |
| Total Liabilities | $5.5M |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Riverspring Services Corp reported a surplus of $0 with revenue exceeding expenses, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Riverspring Services Corp's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +6.2% | +17.6% |
| 2022 | +10.7% | +10.7% | -17.2% |
| 2021 | +8.6% | +8.6% | +14.7% |
| 2020 | -6.5% | -6.5% | +27.2% |
| 2019 | +6.2% | +6.2% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Riverspring Services Corp 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 Riverspring Services Corp 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 surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Riverspring Services Corp
Is Riverspring Services Corp a legitimate charity?
Riverspring Services Corp (EIN: 461763915) is a registered tax-exempt nonprofit based in New York. It has 10 years of IRS 990 filings on record. Total revenue: $25.6M. No red flags identified. Financial health grade: C.
How does Riverspring Services Corp spend its money?
Riverspring Services Corp reported $25.6M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Riverspring Services Corp tax-deductible?
Riverspring Services Corp is registered as a tax-exempt nonprofit (EIN: 461763915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Riverspring Services Corp located?
Riverspring Services Corp is headquartered in Riverdale, New York and files with the IRS under EIN 461763915. It is classified under NTEE code E19.
How many years of IRS 990 filings does Riverspring Services Corp have?
Riverspring Services Corp has 10 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 $25.6M in total revenue.
Filing History
IRS 990 filing history for Riverspring Services Corp showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Riverspring Services Corp's revenue has grown by 47%, moving from $17.6M to $25.8M. Total assets increased by 151.3% over the same period, from $2.2M to $5.5M. Total functional expenses rose by 47%, from $17.6M to $25.8M. In its most recent filing year (2023), Riverspring Services Corp reported a surplus of $0, with revenue exceeding expenses. The organization holds $5.5M in liabilities against $5.5M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.8M | $25.8M | $5.5M | $5.5M | — | — |
| 2022 | $24.3M | $24.3M | $4.7M | $4.7M | — | View 990 |
| 2021 | $22.0M | $22.0M | $5.7M | $5.7M | — | View 990 |
| 2020 | $20.2M | $20.2M | $4.9M | $4.9M | — | — |
| 2019 | $21.6M | $21.6M | $3.9M | $3.9M | — | View 990 |
| 2018 | $20.4M | $20.4M | $3.8M | $3.8M | — | View 990 |
| 2017 | $18.7M | $18.7M | $4.2M | $4.2M | — | View 990 |
| 2016 | $17.7M | $17.7M | $3.1M | $3.1M | — | View 990 |
| 2015 | $19.3M | $19.3M | $2.7M | $2.7M | — | View 990 |
| 2014 | $17.6M | $17.6M | $2.2M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.8M, expenses of $25.8M, and assets of $5.5M (revenue +6.2% year-over-year).
- 2022: Revenue of $24.3M, expenses of $24.3M, and assets of $4.7M (revenue +10.7% year-over-year).
- 2021: Revenue of $22.0M, expenses of $22.0M, and assets of $5.7M (revenue +8.6% year-over-year).
- 2020: Revenue of $20.2M, expenses of $20.2M, and assets of $4.9M (revenue -6.5% year-over-year).
- 2019: Revenue of $21.6M, expenses of $21.6M, and assets of $3.9M (revenue +6.2% year-over-year).
- 2018: Revenue of $20.4M, expenses of $20.4M, and assets of $3.8M (revenue +9.2% year-over-year).
- 2017: Revenue of $18.7M, expenses of $18.7M, and assets of $4.2M (revenue +5.6% year-over-year).
- 2016: Revenue of $17.7M, expenses of $17.7M, and assets of $3.1M (revenue -8.6% year-over-year).
- 2015: Revenue of $19.3M, expenses of $19.3M, and assets of $2.7M (revenue +9.9% year-over-year).
- 2014: Revenue of $17.6M, expenses of $17.6M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Riverspring Services Corp:
Data Sources and Methodology
This transparency report for Riverspring Services Corp 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.