Vesta Riverdale Inc

Vesta Riverdale Inc. consistently operates with liabilities exceeding assets and frequently spends more than its revenue.

EIN: 200690119 · Lanham, MD · NTEE: L21 · Updated: 2026-03-28

$95KRevenue
$675KAssets
55/100Mission Score (Fair)
L21
Vesta Riverdale Inc Financial Summary
MetricValue
Total Revenue$95K
Total Expenses$97K
Program Spending70%
CEO/Top Officer Pay$100,000.
Net Assets$-198,067
Transparency Score55/100

Is Vesta Riverdale Inc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
3 FoundRed Flags

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

Vesta Riverdale Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Vesta Riverdale Inc

Vesta Riverdale Inc (EIN: 200690119) is a nonprofit organization based in Lanham, MD, classified under NTEE code L21. The organization reported total revenue of $95K and total assets of $675K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vesta Riverdale Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Vesta Riverdale Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$81K
Total Expenses$97K
Surplus / Deficit$-15,918
Total Assets$694K
Total Liabilities$892K
Net Assets$-198,067
Operating Margin-19.6%
Debt-to-Asset Ratio128.6%
Months of Reserves85.6 months

Financial Health Grade: C

In 2023, Vesta Riverdale Inc reported a deficit of $16K with expenses exceeding revenue, holds 85.6 months of operating reserves (strong position), has a debt-to-asset ratio of 128.6% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Vesta Riverdale Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+3.2%+24.4%-3.7%
2022-0.3%-51.2%+1.1%
2021+6.5%+95.8%-0.4%
2020+18.0%-7.2%-1.2%
2019-3.5%+24.9%-2.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

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

AI Transparency Report

Vesta Riverdale Inc. demonstrates consistent financial operations, with revenues generally in the range of $60,000 to $95,000 annually. The organization has maintained a stable asset base, currently at $675,441, which has seen a slight decline from its peak in 2015. A notable concern is the persistent and significant liabilities, which have consistently exceeded assets, indicating a potential long-term solvency issue. For instance, in 2023, liabilities were $891,687 against assets of $693,620. This suggests the organization may be operating with a structural deficit or relying heavily on debt financing. Spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the organization frequently spends more than it brings in, as seen in 2023 where expenses were $97,241 against revenues of $81,323, and a more significant deficit in 2021 with expenses of $160,403 against revenues of $79,060. This pattern of spending exceeding revenue could exacerbate its liability situation. Transparency regarding executive compensation is strong, with 0% reported officer compensation across all available filings. This indicates that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence regarding executive pay. However, the lack of detailed expense breakdowns in the provided data limits a comprehensive assessment of overall spending transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Vesta Riverdale Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Vesta Riverdale Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$81KTotal Revenue
$97KTotal Expenses
$694KTotal Assets
$892KTotal Liabilities
$-198,067Net Assets
  • The organization reported a deficit of $16K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 128.6%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving direct compensation, which is commendable for an organization of its size with annual revenues under $100,000.

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 Vesta Riverdale Inc's IRS 990 filings:

  • Consistent liabilities significantly exceeding assets, indicating potential insolvency (e.g., $891,687 liabilities vs. $693,620 assets in 2023).
  • Frequent operating deficits where expenses exceed revenue (e.g., $97,241 expenses vs. $81,323 revenue in 2023).
  • Declining asset base over the past decade, from $759,164 in 2014 to $675,441 currently.

Strengths

The following positive indicators were identified for Vesta Riverdale Inc:

  • Zero reported officer compensation, indicating a commitment to minimizing administrative overhead in this area.
  • Long filing history (13 filings) suggests consistent compliance with IRS reporting requirements.

Frequently Asked Questions about Vesta Riverdale Inc

Is Vesta Riverdale Inc a legitimate charity?

Vesta Riverdale Inc (EIN: 200690119) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $95K. 3 red flags identified. 2 strengths noted. Financial health grade: C.

How does Vesta Riverdale Inc spend its money?

Vesta Riverdale Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Vesta Riverdale Inc tax-deductible?

Vesta Riverdale Inc is registered as a tax-exempt nonprofit (EIN: 200690119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Vesta Riverdale Inc CEO make?

Vesta Riverdale Inc's highest-compensated officer earns $100,000. annually. The organization reported $95K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Vesta Riverdale Inc's spending goes to programs?

Vesta Riverdale Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Vesta Riverdale Inc compare to similar nonprofits?

With a transparency score of 55/100 (Fair), Vesta Riverdale Inc is near average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Vesta Riverdale Inc located?

Vesta Riverdale Inc is headquartered in Lanham, Maryland and files with the IRS under EIN 200690119. It is classified under NTEE code L21.

How many years of IRS 990 filings does Vesta Riverdale Inc have?

Vesta Riverdale 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 $95K in total revenue.

Is Vesta Riverdale Inc. financially stable?

Based on the provided data, Vesta Riverdale Inc. shows signs of financial instability due to its consistent pattern of liabilities significantly exceeding assets (e.g., $891,687 in liabilities vs. $693,620 in assets in 2023) and frequent operating deficits where expenses surpass revenue.

How does Vesta Riverdale Inc. manage its expenses relative to its income?

The organization frequently spends more than its revenue. For example, in 2023, expenses were $97,241 while revenue was $81,323, and in 2021, expenses were $160,403 against revenue of $79,060. This trend suggests a reliance on existing assets or debt to cover operational costs.

What is the trend in Vesta Riverdale Inc.'s assets and liabilities?

Assets have shown a slight decline over time, from $759,164 in 2014 to $675,441 currently. Liabilities, however, have consistently remained high and significantly exceed assets, ranging from $789,481 to $902,696, indicating a persistent negative net asset position.

Does Vesta Riverdale Inc. pay its officers?

According to the IRS 990 filings, Vesta Riverdale Inc. has reported 0% officer compensation for all available periods, suggesting that its officers are not directly compensated through this category.

Filing History

IRS 990 filing history for Vesta Riverdale Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Vesta Riverdale Inc's revenue has grown by 26.9%, moving from $64K to $81K. Total assets decreased by 10.2% over the same period, from $772K to $694K. Total functional expenses rose by 32.5%, from $73K to $97K. In its most recent filing year (2023), Vesta Riverdale Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $892K in liabilities against $694K in assets (debt-to-asset ratio: 128.6%), resulting in net assets of $-198,067.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $81K $97K $694K $892K View 990
2022 $79K $78K $721K $903K
2021 $79K $160K $712K $895K
2020 $74K $82K $715K $817K View 990
2019 $63K $88K $724K $818K View 990
2018 $65K $71K $745K $814K View 990
2017 $65K $73K $739K $799K View 990
2016 $63K $70K $737K $789K View 990
2015 $65K $73K $755K $799K View 990
2014 $64K $69K $759K $796K View 990
2013 $64K $66K $765K $797K View 990
2012 $67K $68K $771K $801K View 990
2011 $64K $73K $772K $802K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $81K, expenses of $97K, and assets of $694K (revenue +3.2% year-over-year).
  • 2022: Revenue of $79K, expenses of $78K, and assets of $721K (revenue -0.3% year-over-year).
  • 2021: Revenue of $79K, expenses of $160K, and assets of $712K (revenue +6.5% year-over-year).
  • 2020: Revenue of $74K, expenses of $82K, and assets of $715K (revenue +18.0% year-over-year).
  • 2019: Revenue of $63K, expenses of $88K, and assets of $724K (revenue -3.5% year-over-year).
  • 2018: Revenue of $65K, expenses of $71K, and assets of $745K (revenue -0.4% year-over-year).
  • 2017: Revenue of $65K, expenses of $73K, and assets of $739K (revenue +4.0% year-over-year).
  • 2016: Revenue of $63K, expenses of $70K, and assets of $737K (revenue -3.6% year-over-year).
  • 2015: Revenue of $65K, expenses of $73K, and assets of $755K (revenue +2.6% year-over-year).
  • 2014: Revenue of $64K, expenses of $69K, and assets of $759K (revenue -0.7% year-over-year).
  • 2013: Revenue of $64K, expenses of $66K, and assets of $765K (revenue -4.4% year-over-year).
  • 2012: Revenue of $67K, expenses of $68K, and assets of $771K (revenue +4.6% year-over-year).
  • 2011: Revenue of $64K, expenses of $73K, and assets of $772K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Vesta Riverdale Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Vesta Riverdale 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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