Overview
What is The River Fund New York Inc?
The River Fund New York Inc is a community-focused organization situated in Richmond Hill, New York. Their primary objective is to combat poverty and uplift human dignity in various New York City communities. They achieve this by promptly addressing food insecurity for the households seeking their aid. Beyond emergency food assistance, their comprehensive approach to nutrition includes nutrition education, income support, vitamin distribution, and various diet-related efforts. With advanced database technology, they monitor the progress made in supporting these families and individuals. It's worth noting that more than 60% of their client population holds jobs, but their low compensation keeps their families below the poverty line. The organization provides weekly groceries, benefit access, and educational support pathways from childhood to college at their poverty frontline centers, empowering those they serve to surpass poverty's boundaries.
Official website here: www.river.fund
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The River Fund New York Inc has achieved a commendable score of 87% on Charity Navigator, indicating a solid level of accountability and financial health. The organization demonstrates strong governance with 94% of its board members being independent, which fosters transparency and effective oversight. Moreover, it has a high program expense ratio of 95.49%, indicating that a significant portion of its funds directly support its mission-driven activities.
While the organization excels in many areas, the fundraising efficiency ratio raised some concern, scoring only $0.01, suggesting that the charity may be less effective in generating donations relative to its costs. Nonetheless, the absence of loans to and from officers, a material diversion of assets, and well-implemented policies show a commitment to responsible management and ethical practices.
Overall, The River Fund New York Inc demonstrates a strong commitment to its mission and effective use of resources, despite some limitations in fundraising efficiency. The favorable ratings suggest that donors can have confidence in the organization’s ability to manage funds responsibly and prioritize its programmatic goals.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The River Fund New York Inc?
100% of the 23 reviewers on Facebook recommend The River Fund New York Inc. Here is a summary of their reviews:
The sentiment expressed by users is overwhelmingly positive, highlighting the nonprofit's commitment to supporting individuals in need. Many commend the organization for its dedication and readiness to assist those facing challenges, emphasizing its valuable role in the community.
Overall, reviewers appreciate the genuine efforts of The River Fund New York in making a difference, feeling that the organization delivers on its promise to help everyone it serves.
This AI summary has been generated from reviews found on Facebook.
Is The River Fund New York Inc legitimate?
The River Fund New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The River Fund New York Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $98,903
Professional Fundraising Fees: $0
Other Salaries and Wages: $676,357
For more financial information, click here
Official website here: www.river.fund
What is the mission statement of The River Fund New York Inc?
The mission of The River Fund New York Inc is to alleviate poverty and empower its beneficiaries to surpass its constraints. This is achieved through the operation of poverty frontline centers, providing weekly groceries, benefit access, and support for education pathways from childhood to college. As a community-based organization, The River Fund New York Inc initially addresses food insecurity by promptly assisting households in need. Beyond emergency food assistance, the organization offers nutrition education, income support, vitamin distribution, and various diet-related initiatives, making it a significant supplier of groceries to families living in poverty. Utilizing advanced database technology, The River Fund New York Inc monitors the progress of the families and individuals benefiting from its programs. A substantial portion of its client population holds jobs but struggles to maintain a living wage, with senior citizens and individuals with physical or mental challenges constituting a significant portion of its beneficiaries.
Official website here: www.river.fund
Who is the CEO of The River Fund New York Inc?
Durga Das is the Board Member of The River Fund New York Inc. The CEO's salary of The River Fund New York Inc is $94,750 and their total compensation is $118,750.
Official website here: www.river.fund
What is the revenue of The River Fund New York Inc?
The River Fund New York Inc's revenue in 2023 was $7,922,206.
Official website here: www.river.fund
Who are the executives of The River Fund New York Inc and what are their salaries?
The average compensation at The River Fund New York Inc during 2023 was $36,917. There are 21 employees and 624 volunteers at The River Fund New York Inc.
Here are 17 key members and their salaries (The River Fund New York Inc's CEO's salary is $94,750 and their total compensation is $118,750):
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- Compensation: $94,750
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- Other: $24,000
Official website here: www.river.fund
Where can I find the form 990 for The River Fund New York Inc?
The River Fund New York Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.river.fund
Learn more at the official website: www.river.fund
Mission Statement of The River Fund New York Inc
The River Fund New York Inc is a community-based organization dedicated to fighting poverty and rebuilding human dignity in various New York City communities. Their mission is to feed and empower those they serve, aiming to help them move beyond the lines of poverty. This is achieved by operating poverty frontline centers where they address material hardship in several ways.
Firstly, they provide weekly groceries, ensuring that every household in need receives sufficient food supplies. Beyond emergency food assistance, The River Fund New York Inc also focuses on nutrition education, income support, vitamin distribution, and providing infant and senior-specific foods. By adopting a comprehensive approach to nutrition, they have become one of the leading suppliers of groceries to families in need across a 100-zip code area of New York City's five boroughs.
The River Fund New York Inc's mission extends beyond food assistance. They utilize sophisticated, customized database technology and other systems to track the progress they make in supporting the families and individuals who benefit from their programs. It is worth noting that more than 60% of the household heads in their client population have jobs, but their compensations often keep their families at or below the poverty line. The organization also supports a significant number of seniors, half of whom suffer from serious debilitating conditions, and a non-senior population, including children, who have physical or mental challenges.
In summary, The River Fund New York Inc focuses on feeding and empowering those in need to help them overcome poverty. They do this by addressing material hardship through weekly groceries, nutrition education, income support, and vitamin distribution, among other services. They utilize advanced technology to track their progress and support a diverse range of individuals and families, including low-income workers, seniors, and those with disabilities.
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Impact
July, 2024
The River Fund New York Inc's impact is profound in the fight against poverty and the restoration of human dignity in multiple New York City communities. Through its poverty frontline centers, the organization provides weekly groceries, benefit access, and support education pathways to empower those in need to break free from the constraints of poverty. They address material hardship with a comprehensive approach to nutrition that goes beyond emergency food assistance, including nutrition education, income support, vitamin distribution, and specialized foods for infants and seniors. The River Fund has become a leading supplier of groceries to families in need across a 100 ZIP code area in New York City's five boroughs. By tracking the progress of the families and individuals they serve, the organization makes a tangible impact on the lives of its beneficiaries. Notably, over 60% of household heads in their client population are employed but earn wages that keep them at or below the poverty line, highlighting the depth of need in the community. The River Fund New York Inc's innovative approaches to tackling hunger, homelessness, and poverty make them a pivotal player in New York City's poverty-combat arena.
This information is meant to be a general summary of The River Fund New York Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$7,534
- Gross Receipts: $8,088,179
Assets and Liabilities:
- Total Assets: $4,363,639
- Total Liabilities: $927,035
- Net Assets: $3,436,604
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Organization Details
Founding Year
1998
Phone
(718) 441-1125Principal Officer
Durga Das
Main Address
89-11 LEFFERTS BLVD, RICHMOND HILL, NY, 11418
Website
www.river.fundNTEE Category
Code: P20 - Human services
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