Riverside Resources Inc

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

Riverside Resources Inc has achieved an 82% rating, which reflects a solid Three-Star designation from Charity Navigator. This score is based entirely on accountability and finance metrics, indicating a strong commitment to transparency and responsible management of funds. The organization has demonstrated exemplary practices, including having a fully independent board and maintaining thorough financial audits.

The nonprofit's financial health is notable, with a low liabilities-to-assets ratio of 12.36% and a high program expense ratio of 80.12%, showing that a significant portion of its budget is directed toward its programs rather than administrative costs. Additionally, the organization documents board meeting minutes, further enhancing its accountability.

Despite these strengths, the rating is derived solely from financial metrics, which may not capture the full spectrum of the organization's impact or effectiveness in program delivery. Potential donors and stakeholders may want to consider additional qualitative information to gain a comprehensive understanding of Riverside Resources Inc's overall performance.

This AI summary has been generated from information found on Charity Navigator.

Riverside Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Resources 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: $83,684
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,241,839

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