The River Fund Maine
EIN: 831986128 · Newry, ME · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $322K |
| Total Expenses | $253K |
| Net Assets | $520K |
Is The River Fund Maine Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The River Fund Maine
The River Fund Maine (EIN: 831986128) is a nonprofit organization based in Newry, ME, classified under NTEE code P20. The organization reported total revenue of $322K and total assets of $487K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The River Fund Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The River Fund Maine is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -26.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $253K |
| Surplus / Deficit | $-78,256 |
| Total Assets | $523K |
| Total Liabilities | $4K |
| Net Assets | $520K |
| Operating Margin | -44.8% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 24.8 months |
Financial Health Grade: B
In 2023, The River Fund Maine reported a deficit of $78K with expenses exceeding revenue, holds 24.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), The River Fund Maine's revenue has declined at a compound annual growth rate (CAGR) of -26.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.4% | +0.1% | +2.9% |
| 2022 | -37.0% | +50.3% | -29.0% |
| 2021 | +34.0% | +21.7% | +15.4% |
| 2020 | -72.3% | +124.1% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The River Fund Maine 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 River Fund Maine 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 deficit of $78K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about The River Fund Maine
Is The River Fund Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, The River Fund Maine (EIN: 831986128) insufficient data. 0 red flags identified, 0 strengths noted.
How does The River Fund Maine spend its money?
Detailed spending breakdown data is not yet available for The River Fund Maine. Check back for updated IRS 990 analysis.
Are donations to The River Fund Maine tax-deductible?
The River Fund Maine is registered as a tax-exempt nonprofit (EIN: 831986128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The River Fund Maine located?
The River Fund Maine is headquartered in Newry, Maine and files with the IRS under EIN 831986128. It is classified under NTEE code P20.
How many years of IRS 990 filings does The River Fund Maine have?
The River Fund Maine 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. The most recent filing shows $322K in total revenue.
Filing History
IRS 990 filing history for The River Fund Maine showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), The River Fund Maine's revenue has declined by 70.6%, moving from $595K to $175K. Total assets decreased by 4.3% over the same period, from $547K to $523K. Total functional expenses rose by 310.5%, from $62K to $253K. In its most recent filing year (2023), The River Fund Maine reported a deficit of $78K, with expenses exceeding revenue. The organization holds $4K in liabilities against $523K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $520K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $253K | $523K | $4K | — | — |
| 2022 | $139K | $253K | $509K | $6K | — | View 990 |
| 2021 | $221K | $168K | $716K | $10K | — | — |
| 2020 | $165K | $138K | $620K | $36K | — | View 990 |
| 2019 | $595K | $62K | $547K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $253K, and assets of $523K (revenue +25.4% year-over-year).
- 2022: Revenue of $139K, expenses of $253K, and assets of $509K (revenue -37.0% year-over-year).
- 2021: Revenue of $221K, expenses of $168K, and assets of $716K (revenue +34.0% year-over-year).
- 2020: Revenue of $165K, expenses of $138K, and assets of $620K (revenue -72.3% year-over-year).
- 2019: Revenue of $595K, expenses of $62K, and assets of $547K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The River Fund Maine:
Data Sources and Methodology
This transparency report for The River Fund Maine 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.