Rochester Riverside Convention Ctr
Rochester Riverside Convention Ctr maintains stable finances with growing assets and no reported officer compensation.
EIN: 161248856 · Rochester, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $10.0M |
| Program Spending | 90% |
| Net Assets | $34K |
| Transparency Score | 85/100 |
Is Rochester Riverside Convention Ctr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rochester Riverside Convention Ctr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rochester Riverside Convention Ctr
Rochester Riverside Convention Ctr (EIN: 161248856) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $11.0M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rochester Riverside Convention Ctr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rochester Riverside Convention Ctr is a large nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.0M |
| Total Expenses | $10.0M |
| Surplus / Deficit | +$32K |
| Total Assets | $2.6M |
| Total Liabilities | $2.6M |
| Net Assets | $34K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 98.7% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2024, Rochester Riverside Convention Ctr reported a surplus of $32K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 98.7% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Rochester Riverside Convention Ctr's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +24.8% | +23.2% | -8.0% |
| 2023 | +10.0% | +52.7% | +4.9% |
| 2022 | +78.5% | +45.7% | +35.3% |
| 2021 | -51.3% | -58.8% | +55.9% |
| 2020 | -21.0% | -16.3% | -14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Rochester Riverside Convention Ctr 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Rochester Riverside Convention Ctr allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 98.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either that no officers receive compensation or that compensation is reported under different categories, which enhances transparency regarding direct executive pay.
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 Rochester Riverside Convention Ctr:
- Stable financial operations with revenues closely matching expenses (e.g., 2024: Revenue $10,007,076, Expenses $9,974,625).
- Consistent growth in assets, increasing from $1,269,647 in 2020 to $2,584,204 in 2024.
- Liabilities are now lower than assets, indicating improved balance sheet health ($2,550,060 liabilities vs. $2,584,204 assets in 2024).
- Zero reported officer compensation across all filings, suggesting strong fiscal responsibility or alternative compensation structures.
- Strong program spending ratio, indicating a focus on mission-related activities.
Frequently Asked Questions about Rochester Riverside Convention Ctr
Is Rochester Riverside Convention Ctr a legitimate charity?
Rochester Riverside Convention Ctr (EIN: 161248856) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Rochester Riverside Convention Ctr spend its money?
Rochester Riverside Convention Ctr directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Rochester Riverside Convention Ctr tax-deductible?
Rochester Riverside Convention Ctr is registered as a tax-exempt nonprofit (EIN: 161248856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rochester Riverside Convention Ctr's spending goes to programs?
Rochester Riverside Convention Ctr directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Rochester Riverside Convention Ctr located?
Rochester Riverside Convention Ctr is headquartered in Rochester, New York and files with the IRS under EIN 161248856.
How many years of IRS 990 filings does Rochester Riverside Convention Ctr have?
Rochester Riverside Convention Ctr 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 $11.0M in total revenue.
Is Rochester Riverside Convention Ctr a good charity?
Based on the available financial data, Rochester Riverside Convention Ctr appears to be a well-managed organization with stable finances and a strong program spending ratio. The consistent reporting of 0% officer compensation is a positive indicator of financial stewardship.
How has the organization's financial health changed over time?
The organization has shown significant financial recovery and growth since 2020. Assets have more than doubled from $1,269,647 in 2020 to $2,584,204 in 2024, and liabilities, which previously exceeded assets, are now lower than assets, indicating improved financial stability.
What is the organization's approach to executive compensation?
All available IRS 990 filings consistently report 0% officer compensation, suggesting that the organization either does not compensate its officers directly or reports it in a manner not captured in this specific field, which is a strong indicator of fiscal conservatism in this area.
Filing History
IRS 990 filing history for Rochester Riverside Convention Ctr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Rochester Riverside Convention Ctr's revenue has declined by 4.5%, moving from $10.5M to $10.0M. Total assets increased by 104.4% over the same period, from $1.3M to $2.6M. Total functional expenses fell by 4.9%, from $10.5M to $10.0M. In its most recent filing year (2024), Rochester Riverside Convention Ctr reported a surplus of $32K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $2.6M in assets (debt-to-asset ratio: 98.7%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $10.0M | $10.0M | $2.6M | $2.6M | — | View 990 |
| 2023 | $8.0M | $8.1M | $2.8M | $2.8M | — | — |
| 2022 | $7.3M | $5.3M | $2.7M | $2.6M | — | View 990 |
| 2021 | $4.1M | $3.6M | $2.0M | $3.9M | — | View 990 |
| 2020 | $8.4M | $8.8M | $1.3M | $3.6M | — | View 990 |
| 2019 | $10.6M | $10.6M | $1.5M | $3.4M | — | View 990 |
| 2018 | $10.3M | $10.2M | $1.1M | $3.1M | — | View 990 |
| 2017 | $10.4M | $10.4M | $923K | $3.0M | — | View 990 |
| 2016 | $10.6M | $13.3M | $1.6M | $3.7M | — | View 990 |
| 2015 | $10.5M | $10.2M | $1.6M | $991K | — | View 990 |
| 2014 | $10.9M | $10.7M | $1.3M | $964K | — | View 990 |
| 2013 | $10.5M | $10.3M | $1.3M | $1.2M | — | View 990 |
| 2012 | $10.5M | $10.5M | $1.3M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $10.0M, expenses of $10.0M, and assets of $2.6M (revenue +24.8% year-over-year).
- 2023: Revenue of $8.0M, expenses of $8.1M, and assets of $2.8M (revenue +10.0% year-over-year).
- 2022: Revenue of $7.3M, expenses of $5.3M, and assets of $2.7M (revenue +78.5% year-over-year).
- 2021: Revenue of $4.1M, expenses of $3.6M, and assets of $2.0M (revenue -51.3% year-over-year).
- 2020: Revenue of $8.4M, expenses of $8.8M, and assets of $1.3M (revenue -21.0% year-over-year).
- 2019: Revenue of $10.6M, expenses of $10.6M, and assets of $1.5M (revenue +3.0% year-over-year).
- 2018: Revenue of $10.3M, expenses of $10.2M, and assets of $1.1M (revenue -0.7% year-over-year).
- 2017: Revenue of $10.4M, expenses of $10.4M, and assets of $923K (revenue -2.0% year-over-year).
- 2016: Revenue of $10.6M, expenses of $13.3M, and assets of $1.6M (revenue +0.8% year-over-year).
- 2015: Revenue of $10.5M, expenses of $10.2M, and assets of $1.6M (revenue -3.6% year-over-year).
- 2014: Revenue of $10.9M, expenses of $10.7M, and assets of $1.3M (revenue +3.3% year-over-year).
- 2013: Revenue of $10.5M, expenses of $10.3M, and assets of $1.3M (revenue +0.7% year-over-year).
- 2012: Revenue of $10.5M, expenses of $10.5M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rochester Riverside Convention Ctr:
Data Sources and Methodology
This transparency report for Rochester Riverside Convention Ctr 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.