The Riverwoods Company At Exeter New Hampshire
Riverwoods Company shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 20400703 · Exeter, NH · NTEE: P750 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $79.5M |
| Total Expenses | $53.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $80 |
| Net Assets | $-84,151,422 |
| Transparency Score | 80/100 |
Is The Riverwoods Company At Exeter New Hampshire Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Riverwoods Company At Exeter New Hampshire directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Riverwoods Company At Exeter New Hampshire
The Riverwoods Company At Exeter New Hampshire (EIN: 20400703) is a nonprofit organization based in Exeter, NH, classified under NTEE code P750. The organization reported total revenue of $79.5M and total assets of $217.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Riverwoods Company At Exeter New Hampshire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Riverwoods Company At Exeter New Hampshire is a major nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $48.6M |
| Total Expenses | $53.7M |
| Surplus / Deficit | $-5,086,482 |
| Total Assets | $199.5M |
| Total Liabilities | $283.6M |
| Net Assets | $-84,151,422 |
| Operating Margin | -10.5% |
| Debt-to-Asset Ratio | 142.2% |
| Months of Reserves | 44.6 months |
Financial Health Grade: C
In 2024, The Riverwoods Company At Exeter New Hampshire reported a deficit of $5.1M with expenses exceeding revenue, holds 44.6 months of operating reserves (strong position), has a debt-to-asset ratio of 142.2% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), The Riverwoods Company At Exeter New Hampshire's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.7% | +5.8% | +1.9% |
| 2023 | -0.5% | +11.6% | +3.3% |
| 2022 | +10.1% | +3.1% | -4.7% |
| 2021 | -6.0% | -0.3% | +6.7% |
| 2020 | -1.2% | +5.2% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 The Riverwoods Company At Exeter New Hampshire with a Mission Score of 80 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, The Riverwoods Company At Exeter New Hampshire 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 142.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues nearing $80 million and assets over $200 million. This suggests that executive compensation may be categorized differently or that the organization operates with a unique leadership compensation structure.
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 The Riverwoods Company At Exeter New Hampshire's IRS 990 filings:
- Consistent 0% reported officer compensation, which is atypical for an organization of this scale and could obscure actual executive remuneration.
- Liabilities consistently exceed assets, indicating a potentially high debt-to-asset ratio, though this can be common in the CCRC sector due to resident entrance fee accounting.
Strengths
The following positive indicators were identified for The Riverwoods Company At Exeter New Hampshire:
- Consistent revenue generation and growth, with latest revenue at $79,510,468.
- Steady asset accumulation, growing from $180,053,456 in 201506 to $217,805,115 currently.
- Generally balanced financial operations, with expenses closely aligned with revenues over the past decade, indicating fiscal stability.
Frequently Asked Questions about The Riverwoods Company At Exeter New Hampshire
Is The Riverwoods Company At Exeter New Hampshire a legitimate charity?
Based on AI analysis of IRS 990 filings, The Riverwoods Company At Exeter New Hampshire (EIN: 20400703) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does The Riverwoods Company At Exeter New Hampshire spend its money?
The Riverwoods Company At Exeter New Hampshire directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Riverwoods Company At Exeter New Hampshire tax-deductible?
The Riverwoods Company At Exeter New Hampshire is registered as a tax-exempt nonprofit (EIN: 20400703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Riverwoods Company At Exeter New Hampshire CEO make?
The Riverwoods Company At Exeter New Hampshire's highest-compensated officer earns $80 annually. The organization reported $79.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Riverwoods Company At Exeter New Hampshire's spending goes to programs?
The Riverwoods Company At Exeter New Hampshire directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Riverwoods Company At Exeter New Hampshire compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), The Riverwoods Company At Exeter New Hampshire is above average for NTEE category P750 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Riverwoods Company At Exeter New Hampshire located?
The Riverwoods Company At Exeter New Hampshire is headquartered in Exeter, New Hampshire and files with the IRS under EIN 20400703. It is classified under NTEE code P750.
How many years of IRS 990 filings does The Riverwoods Company At Exeter New Hampshire have?
The Riverwoods Company At Exeter New Hampshire 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 $79.5M in total revenue.
Why is officer compensation consistently reported as 0%?
The IRS 990 filings for The Riverwoods Company At Exeter New Hampshire consistently show 0% officer compensation. This is highly unusual for an organization of its size and could indicate that compensation is reported under different categories (e.g., key employee compensation, or as part of general salaries and wages) or that the organization relies on volunteer leadership for its top positions.
What is the nature of the growing liabilities?
The organization's liabilities have steadily increased from $243,010,804 in 201506 to $283,608,882 in 202406. Given its NTEE code (P750 - Continuing Care Retirement Communities), these liabilities likely include long-term debt for facility expansion, resident entrance fee obligations, or other operational financing common in the CCRC sector.
How does the organization manage to operate with 0% reported officer compensation?
Operating a large organization with significant revenue and assets while reporting 0% officer compensation suggests either a highly efficient volunteer-led model, or that compensation for top executives is not classified as 'officer compensation' on the 990, but rather under other salary or contractor categories. Further detail from the organization's financial statements would be needed to clarify this.
Filing History
IRS 990 filing history for The Riverwoods Company At Exeter New Hampshire showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), The Riverwoods Company At Exeter New Hampshire's revenue has grown by 28.7%, moving from $37.8M to $48.6M. Total assets increased by 12.8% over the same period, from $176.7M to $199.5M. Total functional expenses rose by 66.5%, from $32.3M to $53.7M. In its most recent filing year (2024), The Riverwoods Company At Exeter New Hampshire reported a deficit of $5.1M, with expenses exceeding revenue. The organization holds $283.6M in liabilities against $199.5M in assets (debt-to-asset ratio: 142.2%), resulting in net assets of $-84,151,422.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $48.6M | $53.7M | $199.5M | $283.6M | — | View 990 |
| 2023 | $45.6M | $50.8M | $195.7M | $280.4M | — | View 990 |
| 2022 | $45.8M | $45.5M | $189.6M | $273.7M | — | View 990 |
| 2021 | $41.6M | $44.1M | $198.8M | $262.3M | — | View 990 |
| 2020 | $44.2M | $44.3M | $186.3M | $257.6M | — | View 990 |
| 2019 | $44.8M | $42.1M | $191.0M | $258.1M | — | View 990 |
| 2018 | $40.2M | $39.6M | $187.0M | $253.6M | — | View 990 |
| 2017 | $37.6M | $38.8M | $183.9M | $253.4M | — | View 990 |
| 2016 | $35.8M | $37.1M | $186.8M | $252.9M | — | View 990 |
| 2015 | $35.5M | $36.6M | $180.1M | $243.0M | — | View 990 |
| 2014 | $34.6M | $40.0M | $180.0M | $240.6M | — | View 990 |
| 2013 | $33.7M | $34.5M | $172.8M | $180.7M | — | View 990 |
| 2012 | $37.8M | $32.3M | $176.7M | $189.7M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $48.6M, expenses of $53.7M, and assets of $199.5M (revenue +6.7% year-over-year).
- 2023: Revenue of $45.6M, expenses of $50.8M, and assets of $195.7M (revenue -0.5% year-over-year).
- 2022: Revenue of $45.8M, expenses of $45.5M, and assets of $189.6M (revenue +10.1% year-over-year).
- 2021: Revenue of $41.6M, expenses of $44.1M, and assets of $198.8M (revenue -6.0% year-over-year).
- 2020: Revenue of $44.2M, expenses of $44.3M, and assets of $186.3M (revenue -1.2% year-over-year).
- 2019: Revenue of $44.8M, expenses of $42.1M, and assets of $191.0M (revenue +11.5% year-over-year).
- 2018: Revenue of $40.2M, expenses of $39.6M, and assets of $187.0M (revenue +6.8% year-over-year).
- 2017: Revenue of $37.6M, expenses of $38.8M, and assets of $183.9M (revenue +5.0% year-over-year).
- 2016: Revenue of $35.8M, expenses of $37.1M, and assets of $186.8M (revenue +1.0% year-over-year).
- 2015: Revenue of $35.5M, expenses of $36.6M, and assets of $180.1M (revenue +2.6% year-over-year).
- 2014: Revenue of $34.6M, expenses of $40.0M, and assets of $180.0M (revenue +2.6% year-over-year).
- 2013: Revenue of $33.7M, expenses of $34.5M, and assets of $172.8M (revenue -10.7% year-over-year).
- 2012: Revenue of $37.8M, expenses of $32.3M, and assets of $176.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Riverwoods Company At Exeter New Hampshire:
Data Sources and Methodology
This transparency report for The Riverwoods Company At Exeter New Hampshire 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.