Team River Runner Inc

Team River Runner Inc maintains strong financial health with consistent revenue growth and zero executive compensation.

EIN: 203838651 · Rockville, MD · NTEE: C99 · Updated: 2026-03-28

$1.4MRevenue
$1.6MAssets
92/100Mission Score (Excellent)
C99
Team River Runner Inc Financial Summary
MetricValue
Total Revenue$1.4M
Total Expenses$1.3M
Program Spending85%
Net Assets$1.6M
Transparency Score92/100

Is Team River Runner Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Team River Runner Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Team River Runner Inc

Team River Runner Inc (EIN: 203838651) is a nonprofit organization based in Rockville, MD, classified under NTEE code C99. The organization reported total revenue of $1.4M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Team River Runner Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

12Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Team River Runner Inc is a mid-size nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.4M
Total Expenses$1.3M
Surplus / Deficit+$176K
Total Assets$1.6M
Total Liabilities$11K
Net Assets$1.6M
Operating Margin12.2%
Debt-to-Asset Ratio0.7%
Months of Reserves14.9 months

Financial Health Grade: A

In 2023, Team River Runner Inc reported a surplus of $176K with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).

Financial Trends

Over 13 years of filings (2010–2023), Team River Runner Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+23.8%+9.7%+11.9%
2022+60.6%+73.6%+8.2%
2020-33.9%-31.6%+9.2%
2019+2.9%+0.2%+13.1%
2018+5.7%+29.0%+10.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2014

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Team River Runner Inc demonstrates consistent financial health with a growing asset base and generally positive net income over the past decade. In the latest filing (202312), the organization reported revenue of $1,438,490 against expenses of $1,262,692, resulting in a surplus that contributes to its robust assets of $1,567,625. The organization's spending efficiency appears strong, with a significant portion of its budget likely directed towards program services, as indicated by the absence of officer compensation and a healthy program spending ratio. Transparency is high given the consistent filing of IRS Form 990s and the clear financial reporting, including zero officer compensation, which is a positive indicator for donor confidence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Team River Runner Inc with a Mission Score of 92 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, Team River Runner Inc 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:

$1.4MTotal Revenue
$1.3MTotal Expenses
$1.6MTotal Assets
$11KTotal Liabilities
$1.6MNet Assets
  • The organization reported a surplus of $176K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.7%.

Executive Compensation Analysis

Executive compensation is reported as 0% in all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for donor trust and resource allocation.

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 Team River Runner Inc:

  • Zero officer compensation reported across all filings, indicating high efficiency and dedication.
  • Consistent revenue growth from $642,041 in 2013 to $1,438,490 in 2023.
  • Healthy and growing asset base, reaching $1,567,625 in 2023.
  • Operating surpluses in most years, demonstrating sound financial management.
  • Low liabilities relative to assets, indicating strong financial health.

Frequently Asked Questions about Team River Runner Inc

Is Team River Runner Inc a legitimate charity?

Team River Runner Inc (EIN: 203838651) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Team River Runner Inc spend its money?

Team River Runner Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Team River Runner Inc tax-deductible?

Team River Runner Inc is registered as a tax-exempt nonprofit (EIN: 203838651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Team River Runner Inc's spending goes to programs?

Team River Runner Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Team River Runner Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Team River Runner Inc is above average for NTEE category C99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Team River Runner Inc located?

Team River Runner Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 203838651. It is classified under NTEE code C99.

How many years of IRS 990 filings does Team River Runner Inc have?

Team River Runner Inc 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 $1.4M in total revenue.

Is Team River Runner Inc a good charity?

Based on its financial data, Team River Runner Inc appears to be a very good charity. It consistently generates surpluses, has a growing asset base, and reports 0% officer compensation, suggesting efficient use of funds and strong dedication to its mission.

How has Team River Runner Inc's revenue trended over time?

Team River Runner Inc has shown a strong upward trend in revenue, growing from $642,041 in 2013 to $1,438,490 in 2023, with only minor fluctuations, indicating sustained donor support and program growth.

What is the organization's financial stability?

The organization demonstrates strong financial stability, with assets consistently exceeding liabilities (e.g., $1,567,625 in assets vs. $11,272 in liabilities in 2023) and a history of operating surpluses, allowing for program continuity and growth.

Filing History

IRS 990 filing history for Team River Runner Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2010–2023), Team River Runner Inc's revenue has grown by 319.9%, moving from $343K to $1.4M. Total assets increased by 734% over the same period, from $188K to $1.6M. Total functional expenses rose by 275.7%, from $336K to $1.3M. In its most recent filing year (2023), Team River Runner Inc reported a surplus of $176K, with revenue exceeding expenses. The organization holds $11K in liabilities against $1.6M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.4M $1.3M $1.6M $11K
2022 $1.2M $1.2M $1.4M $20K
2020 $724K $663K $1.3M $54K View 990
2019 $1.1M $969K $1.2M $5K View 990
2018 $1.1M $967K $1.0M $9K View 990
2017 $1.0M $749K $950K $9K View 990
2016 $856K $703K $895K $211K View 990
2015 $1.0M $784K $652K $121K View 990
2014 $618K $563K $366K $27K View 990
2013 $642K $683K $304K $20K View 990
2012 $562K $513K $329K $4K View 990
2011 $452K $357K $288K $11K View 990
2010 $343K $336K $188K $7K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $1.6M (revenue +23.8% year-over-year).
  • 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $1.4M (revenue +60.6% year-over-year).
  • 2020: Revenue of $724K, expenses of $663K, and assets of $1.3M (revenue -33.9% year-over-year).
  • 2019: Revenue of $1.1M, expenses of $969K, and assets of $1.2M (revenue +2.9% year-over-year).
  • 2018: Revenue of $1.1M, expenses of $967K, and assets of $1.0M (revenue +5.7% year-over-year).
  • 2017: Revenue of $1.0M, expenses of $749K, and assets of $950K (revenue +17.7% year-over-year).
  • 2016: Revenue of $856K, expenses of $703K, and assets of $895K (revenue -15.0% year-over-year).
  • 2015: Revenue of $1.0M, expenses of $784K, and assets of $652K (revenue +62.7% year-over-year).
  • 2014: Revenue of $618K, expenses of $563K, and assets of $366K (revenue -3.7% year-over-year).
  • 2013: Revenue of $642K, expenses of $683K, and assets of $304K (revenue +14.3% year-over-year).
  • 2012: Revenue of $562K, expenses of $513K, and assets of $329K (revenue +24.2% year-over-year).
  • 2011: Revenue of $452K, expenses of $357K, and assets of $288K (revenue +32.0% year-over-year).
  • 2010: Revenue of $343K, expenses of $336K, and assets of $188K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Team River Runner Inc:

2023 Filing 2022 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Team River Runner 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.

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