THE RIVER FOUNDATION (EIN 611190262) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

JESSE T CORRELL

Phone

8596872564

Tax Period

2024-01-01 to 2024-12-31

THE RIVER FOUNDATION, founded in 1990, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $2.7M left a modest 8% surplus.

Mission

TO PROVIDE FUNDING TO CHARITIES IN FULFILLMENT OF THE EXEMPT PURPOSES OF NCCF BY EMPOWERING AND MINISTERING TO THE WEAK AND THE POOR, TO ASSIST IN TRAINING DISCIPLES, AND TO PARTNER WITH CHRIST-CENTERED ORGANIZATIONS THAT PROCLAIM THE GOOD NEWS AND STAND FOR THE TRUTH.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,924,500

Program Service Revenue $0

Investment Income $273

Other Revenue $556

TOTAL REVENUE $2,925,329

Expense Breakdown

Grants Paid $2,358,500

Salaries & Benefits $208,419

Fundraising Expenses $0

Program Expenses $2,667,157

Other Expenses $134,968

TOTAL EXPENSES $2,701,887

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,925,329	$1,697,227	+0.7%
Expenses	$2,701,887	$2,035,289	+0.3%
Net Income	$223,442	$-338,062	-1.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$237,209

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSE T CORRELL	DIRECTOR/CHAIRMAN	4.00	Officer Director	$0	$0	$0
ANGELA CORRELL	DIRECTOR/VICE CHAIR	1.00	Officer Director	$0	$0	$0
W SCOTT STEELE	DIRECTOR/SECRETARY	1.00	Officer Director	$0	$0	$0
BOYD BAILEY	DIRECTOR	1.00	Director	$0	$34,405	$237,209
DAVID H WILLS	DIRECTOR	1.00	Director	$0	$0	$0
ADRIENNE CORRELL	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT CUNNINGHAM	DIRECTOR	1.00	Director	$0	$0	$0
TED MILLER	TREASURER	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,925,329	$2,701,887	$788,448	$223,442
2023	$1,697,227	$2,035,289	$567,655	$-338,062
2022	$3,230,875	$3,153,538	$908,452	$77,337
2021	$1,621,737	$1,488,073	$826,058	$133,664
2020	$2,437,280	$1,857,939	$697,756	$579,341
2020	$2,437,280	$1,857,939	$697,756	$579,341

THE RIVER FOUNDATION