Overview
What is River Fund Inc?
River Fund Inc, based in Laughlin, Nevada, operates as a nonprofit organization. Its primary mission involves providing crisis funding to individuals in need, catering to various emergencies such as severe illnesses, loss of life, natural disasters, or any unforeseen circumstances. With a team of five dedicated individuals, River Fund Inc aims to alleviate the financial burdens that arise during these challenging times, thereby offering a vital lifeline to those in distress. The organization's activities extend beyond monetary aid, often reaching out to communities to meet miscellaneous emergency needs.
Official website here: www.riverfundinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
River Fund Inc has received a 73% rating from Charity Navigator, which translates to a Two-Star rating. This rating indicates that while the organization meets some accountability and financial standards, there are notable shortcomings, particularly in transparency and governance practices. The score is derived entirely from the Accountability & Finance beacon, where it scored 73%.
The organization demonstrates strength in board independence, with all board members being independent, and holds a commendable program expense ratio of 81.79%, suggesting that a significant portion of funds is directed toward its programs. Additionally, it has no material diversion of assets and maintains a strong liabilities to assets ratio of 0.00%, reflecting a solid financial health.
However, River Fund Inc has several limitations that impact its overall score. It lacks crucial policies, such as a whistleblower policy and a document retention and destruction policy, which are essential for transparency and ethical governance. Furthermore, financial statements are not provided, and the tax form is missing from the nonprofit's website, hindering potential donors' ability to assess the organization's financial practices thoroughly.
This AI summary has been generated from information found on Charity Navigator.
Is River Fund Inc legitimate?
River Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. River Fund 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: $40,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,621
For more financial information, click here
Official website here: www.riverfundinc.com
What is the mission statement of River Fund Inc?
River Fund Inc's mission is centered around providing crisis funding for individuals in need. This assistance can take various forms, such as aid during severe illnesses, supporting families following a loss of life, or providing relief during natural disasters. Essentially, River Fund Inc is committed to offering emergency aid for any unforeseen circumstances. In addition to helping individuals, the organization also extends its assistance to organizations with miscellaneous emergency needs.
Official website here: www.riverfundinc.com
Who is the CEO of River Fund Inc?
Darryl Dauenhauer is the Exec Directo of River Fund Inc.
Official website here: www.riverfundinc.com
What is the revenue of River Fund Inc?
River Fund Inc's revenue in 2023 was $563,535.
Official website here: www.riverfundinc.com
Who are the executives of River Fund Inc and what are their salaries?
The average compensation at River Fund Inc during 2023 was $16,135. There are 5 employees at River Fund Inc.
Here are 4 key members and their salaries:
- Compensation: $40,055
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.riverfundinc.com
Where can I find the form 990 for River Fund Inc?
River Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.riverfundinc.com
Learn more at the official website: www.riverfundinc.com
Mission Statement of River Fund Inc
River Fund Inc, a nonprofit organization, is committed to providing crisis funding for individuals in need. This assistance can take various forms, such as aid during severe illnesses, after the loss of a loved one, in the wake of disasters, or in any other type of emergency situation. The primary goal of River Fund Inc is to offer a lifeline to individuals and organizations facing unexpected hardships, ensuring they have the necessary resources to navigate through their crises.
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Impact
July, 2024
River Fund Inc's impact can be seen in the lives of individuals facing crises and emergencies. Through providing funding for severe illness, loss of life, disasters, and other emergencies, River Fund Inc has directly supported those in urgent need. By assisting both individuals and organizations with miscellaneous emergency needs, the organization plays a crucial role in alleviating the immediate hardships faced by those in crisis. In Laughlin, NV, River Fund Inc's mission to provide crisis funding demonstrates a commitment to philanthropy and making a tangible difference in the lives of those experiencing hardship.
This information is meant to be a general summary of River Fund 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: $85
- Gross Receipts: $563,535
Assets and Liabilities:
- Total Assets: $391,808
- Total Liabilities: $0
- Net Assets: $391,808
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Organization Details
Founding Year
2010
Phone
(702) 298-0611Principal Officer
Darryl Dauenhauer
Main Address
55 CIVIC WAY, LAUGHLIN, NV, 89029
Website
www.riverfundinc.comNTEE Category
Code: T70 - Philanthropy
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