Rivier University
Rivier University shows consistent revenue and asset growth over the past decade, operating with a surplus.
EIN: 20223339 · Nashua, NH · NTEE: B430 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $85.4M |
| Total Expenses | $62.2M |
| Program Spending | 80% |
| Net Assets | $100.6M |
| Transparency Score | 85/100 |
Is Rivier University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rivier University directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rivier University
Rivier University (EIN: 20223339) is a nonprofit organization based in Nashua, NH, classified under NTEE code B430. The organization reported total revenue of $85.4M and total assets of $171.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rivier University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rivier University is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65.9M |
| Total Expenses | $62.2M |
| Surplus / Deficit | +$3.6M |
| Total Assets | $151.9M |
| Total Liabilities | $51.3M |
| Net Assets | $100.6M |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 29.3 months |
Financial Health Grade: A
In 2023, Rivier University reported a surplus of $3.6M with revenue exceeding expenses, holds 29.3 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rivier University's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +8.3% | +7.5% |
| 2022 | +16.8% | +15.3% | +4.1% |
| 2021 | +10.4% | +2.1% | +6.6% |
| 2020 | -5.4% | +1.3% | +4.9% |
| 2019 | +9.7% | +6.0% | +23.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1946 |
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 Rivier University 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: 80%
- fundraising: 5%
According to IRS 990 filings, Rivier University allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $3.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.8%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filings, which is unusual for an organization of this size and suggests that executive compensation may be reported under different categories or not fully disclosed in this summary data. This lack of specific compensation data makes it difficult to assess executive compensation relative to the organization's size and revenue.
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 Rivier University's IRS 990 filings:
- Lack of specific officer compensation data in summary filings, reported as 0% across all periods, which is atypical for an organization of this scale.
Strengths
The following positive indicators were identified for Rivier University:
- Consistent revenue growth, increasing from $43.8 million in 2014 to $65.8 million in 2023.
- Strong asset growth, with assets increasing from $87.7 million in 2014 to $151.9 million in 2023.
- Consistent operational surpluses, with revenues exceeding expenses in every reported period.
- Demonstrated financial stability and effective management over a decade.
Frequently Asked Questions about Rivier University
Is Rivier University a legitimate charity?
Based on AI analysis of IRS 990 filings, Rivier University (EIN: 20223339) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Rivier University spend its money?
Rivier University directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rivier University tax-deductible?
Rivier University is registered as a tax-exempt nonprofit (EIN: 20223339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rivier University's spending goes to programs?
Rivier University directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rivier University compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rivier University is above average for NTEE category B430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rivier University located?
Rivier University is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20223339. It is classified under NTEE code B430.
How many years of IRS 990 filings does Rivier University have?
Rivier University 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 $85.4M in total revenue.
Is Rivier University a good charity?
Based on the financial data, Rivier University appears to be a financially healthy and well-managed institution, consistently generating surpluses and growing its assets. This financial stability is a positive indicator for its ability to fulfill its educational mission.
How has Rivier University's financial health changed over time?
Rivier University has shown significant financial growth and improved health over the past decade. Revenue increased from $43.8 million in 2014 to $65.8 million in 2023, and assets grew from $87.7 million to $151.9 million, indicating strong and consistent financial performance.
What is the trend in Rivier University's expenses?
Expenses have increased in line with revenue growth, from $41.2 million in 2014 to $62.2 million in 2023. The university consistently maintains a positive margin, with revenues exceeding expenses in all reported periods.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for Officer Compensation across all filings is unusual for an organization of Rivier University's size. This could mean that executive compensation is reported under different expense categories, or that the summary data provided does not capture this detail, warranting further investigation into the full IRS Form 990.
Filing History
IRS 990 filing history for Rivier University showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rivier University's revenue has grown by 59.7%, moving from $41.3M to $65.9M. Total assets increased by 100.7% over the same period, from $75.7M to $151.9M. Total functional expenses rose by 57.8%, from $39.5M to $62.2M. In its most recent filing year (2023), Rivier University reported a surplus of $3.6M, with revenue exceeding expenses. The organization holds $51.3M in liabilities against $151.9M in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $100.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65.9M | $62.2M | $151.9M | $51.3M | — | View 990 |
| 2022 | $64.5M | $57.5M | $141.3M | $48.1M | — | View 990 |
| 2021 | $55.2M | $49.9M | $135.7M | $42.8M | — | — |
| 2020 | $50.0M | $48.8M | $127.3M | $48.2M | — | View 990 |
| 2019 | $52.9M | $48.2M | $121.4M | $40.8M | — | View 990 |
| 2018 | $48.2M | $45.5M | $98.4M | $20.6M | — | View 990 |
| 2017 | $46.7M | $44.1M | $95.2M | $21.8M | — | View 990 |
| 2016 | $45.1M | $43.5M | $90.8M | $23.1M | — | View 990 |
| 2015 | $45.0M | $41.1M | $90.5M | $22.5M | — | View 990 |
| 2014 | $43.9M | $41.3M | $87.8M | $22.6M | — | View 990 |
| 2013 | $41.7M | $40.5M | $78.7M | $21.7M | — | View 990 |
| 2012 | $40.1M | $39.9M | $75.3M | $24.4M | — | View 990 |
| 2011 | $41.3M | $39.5M | $75.7M | $22.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65.9M, expenses of $62.2M, and assets of $151.9M (revenue +2.1% year-over-year).
- 2022: Revenue of $64.5M, expenses of $57.5M, and assets of $141.3M (revenue +16.8% year-over-year).
- 2021: Revenue of $55.2M, expenses of $49.9M, and assets of $135.7M (revenue +10.4% year-over-year).
- 2020: Revenue of $50.0M, expenses of $48.8M, and assets of $127.3M (revenue -5.4% year-over-year).
- 2019: Revenue of $52.9M, expenses of $48.2M, and assets of $121.4M (revenue +9.7% year-over-year).
- 2018: Revenue of $48.2M, expenses of $45.5M, and assets of $98.4M (revenue +3.3% year-over-year).
- 2017: Revenue of $46.7M, expenses of $44.1M, and assets of $95.2M (revenue +3.5% year-over-year).
- 2016: Revenue of $45.1M, expenses of $43.5M, and assets of $90.8M (revenue +0.2% year-over-year).
- 2015: Revenue of $45.0M, expenses of $41.1M, and assets of $90.5M (revenue +2.6% year-over-year).
- 2014: Revenue of $43.9M, expenses of $41.3M, and assets of $87.8M (revenue +5.2% year-over-year).
- 2013: Revenue of $41.7M, expenses of $40.5M, and assets of $78.7M (revenue +4.0% year-over-year).
- 2012: Revenue of $40.1M, expenses of $39.9M, and assets of $75.3M (revenue -2.8% year-over-year).
- 2011: Revenue of $41.3M, expenses of $39.5M, and assets of $75.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rivier University:
Data Sources and Methodology
This transparency report for Rivier University 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.