The Montgomery Riverfront Development Foundation
EIN: 631275494 · Montgomery, AL
| Metric | Value |
|---|---|
| Total Expenses | $300K |
| Net Assets | $125K |
Is The Montgomery Riverfront Development Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Montgomery Riverfront Development Foundation
The Montgomery Riverfront Development Foundation (EIN: 631275494) is a nonprofit organization based in Montgomery, AL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Montgomery Riverfront Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Montgomery Riverfront Development Foundation is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $300K |
| Surplus / Deficit | $-146,504 |
| Total Assets | $218K |
| Total Liabilities | $93K |
| Net Assets | $125K |
| Operating Margin | -95.4% |
| Debt-to-Asset Ratio | 42.5% |
| Months of Reserves | 8.7 months |
Financial Health Grade: B
In 2015, The Montgomery Riverfront Development Foundation reported a deficit of $147K with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 42.5% (moderate leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Montgomery Riverfront Development Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +48.3% | +113.7% | -52.9% |
| 2013 | -526.3% | -31.0% | -55.0% |
| 2012 | +22.2% | -11.6% | -6.9% |
AI Analysis Pending
AI enrichment for The Montgomery Riverfront Development Foundation 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 The Montgomery Riverfront Development Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $147K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.5%.
Frequently Asked Questions about The Montgomery Riverfront Development Foundation
Is The Montgomery Riverfront Development Foundation a legitimate charity?
The Montgomery Riverfront Development Foundation (EIN: 631275494) is a registered tax-exempt nonprofit based in Alabama. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does The Montgomery Riverfront Development Foundation spend its money?
The Montgomery Riverfront Development Foundation reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Montgomery Riverfront Development Foundation tax-deductible?
The Montgomery Riverfront Development Foundation is registered as a tax-exempt nonprofit (EIN: 631275494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Montgomery Riverfront Development Foundation located?
The Montgomery Riverfront Development Foundation is headquartered in Montgomery, Alabama and files with the IRS under EIN 631275494.
How many years of IRS 990 filings does The Montgomery Riverfront Development Foundation have?
The Montgomery Riverfront Development Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for The Montgomery Riverfront Development Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Montgomery Riverfront Development Foundation's revenue has grown by 48.3%, moving from $103K to $153K. Total assets decreased by 84.6% over the same period, from $1.4M to $218K. Total functional expenses rose by 91.5%, from $157K to $300K. In its most recent filing year (2015), The Montgomery Riverfront Development Foundation reported a deficit of $147K, with expenses exceeding revenue. The organization holds $93K in liabilities against $218K in assets (debt-to-asset ratio: 42.5%), resulting in net assets of $125K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $153K | $300K | $218K | $93K | — | View 990 |
| 2014 | $103K | $140K | $462K | $190K | — | View 990 |
| 2013 | $-539,252 | $95K | $592K | $283K | — | View 990 |
| 2012 | $126K | $138K | $1.3M | $373K | — | View 990 |
| 2011 | $103K | $157K | $1.4M | $458K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $153K, expenses of $300K, and assets of $218K (revenue +48.3% year-over-year).
- 2014: Revenue of $103K, expenses of $140K, and assets of $462K.
- 2013: Revenue of $-539,252, expenses of $95K, and assets of $592K (revenue -526.3% year-over-year).
- 2012: Revenue of $126K, expenses of $138K, and assets of $1.3M (revenue +22.2% year-over-year).
- 2011: Revenue of $103K, expenses of $157K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Montgomery Riverfront Development Foundation:
Data Sources and Methodology
This transparency report for The Montgomery Riverfront Development Foundation 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.