Truckee River Foundation
Truckee River Foundation shows strong revenue growth and zero officer compensation over three years.
EIN: 203378838 · Reno, NV · NTEE: C32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $133K |
| Total Expenses | $402K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $362,841 |
| Net Assets | $349K |
| Transparency Score | 90/100 |
Is Truckee River Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Truckee River Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Truckee River Foundation
Truckee River Foundation (EIN: 203378838) is a nonprofit organization based in Reno, NV, classified under NTEE code C32. The organization reported total revenue of $133K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Truckee River Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Truckee River Foundation is a small nonprofit that has been operating for 14 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 68.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $683K |
| Total Expenses | $402K |
| Surplus / Deficit | +$281K |
| Total Assets | $363K |
| Total Liabilities | $13K |
| Net Assets | $349K |
| Operating Margin | 41.2% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Truckee River Foundation reported a surplus of $281K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Truckee River Foundation's revenue has grown at a compound annual growth rate (CAGR) of 68.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +140.0% | +57.1% | +347.2% |
| 2022 | +18.9% | +10.5% | +78.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Truckee River Foundation with a Mission Score of 90 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, Truckee River Foundation 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:
- The organization reported a surplus of $281K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all three fiscal years, indicating that no officers received compensation from the organization. This suggests a highly efficient use of funds, with resources likely directed entirely towards programmatic activities and operational needs, especially for an organization with assets growing to $362,841 in 2023.
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 Truckee River Foundation:
- Strong revenue growth from $239,321 in 2021 to $682,680 in 2023.
- Consistent 0% officer compensation across all reported years, indicating high efficiency.
- Significant asset growth from $45,594 in 2021 to $362,841 in 2023.
- Expenses growing slower than revenue, leading to increased net assets.
- Low liabilities relative to assets, suggesting good financial management.
Frequently Asked Questions about Truckee River Foundation
Is Truckee River Foundation a legitimate charity?
Truckee River Foundation (EIN: 203378838) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 90/100. It has 3 years of IRS 990 filings on record. Total revenue: $133K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Truckee River Foundation spend its money?
Truckee River Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Truckee River Foundation tax-deductible?
Truckee River Foundation is registered as a tax-exempt nonprofit (EIN: 203378838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Truckee River Foundation CEO make?
Truckee River Foundation's highest-compensated officer earns $362,841 annually. The organization reported $133K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Truckee River Foundation's spending goes to programs?
Truckee River Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Truckee River Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Truckee River Foundation is above average for NTEE category C32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Truckee River Foundation located?
Truckee River Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 203378838. It is classified under NTEE code C32.
How many years of IRS 990 filings does Truckee River Foundation have?
Truckee River Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $133K in total revenue.
Is Truckee River Foundation a good charity?
Based on the provided data, the Truckee River Foundation appears to be a good charity. It demonstrates strong financial growth, efficient spending with 0% officer compensation, and a clear focus on its mission as evidenced by its increasing assets and revenue.
How has the organization's financial health changed over the past three years?
The organization's financial health has significantly improved over the past three years. Revenue grew from $239,321 in 2021 to $682,680 in 2023, and assets increased from $45,594 to $362,841 in the same period, indicating robust growth and financial stability.
What is the trend in officer compensation?
Officer compensation has consistently been 0% for all three reported fiscal periods (2021, 2022, 2023), indicating that no officers received salaries from the organization during these years.
Filing History
IRS 990 filing history for Truckee River Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Truckee River Foundation's revenue has grown by 185.3%, moving from $239K to $683K. Total assets increased by 695.8% over the same period, from $46K to $363K. Total functional expenses rose by 73.6%, from $231K to $402K. In its most recent filing year (2023), Truckee River Foundation reported a surplus of $281K, with revenue exceeding expenses. The organization holds $13K in liabilities against $363K in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $349K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $683K | $402K | $363K | $13K | — | View 990 |
| 2022 | $284K | $256K | $81K | $13K | — | View 990 |
| 2021 | $239K | $231K | $46K | $6K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $683K, expenses of $402K, and assets of $363K (revenue +140.0% year-over-year).
- 2022: Revenue of $284K, expenses of $256K, and assets of $81K (revenue +18.9% year-over-year).
- 2021: Revenue of $239K, expenses of $231K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Truckee River Foundation:
Data Sources and Methodology
This transparency report for Truckee River 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.