Next River is a 501(c)(3) organization based in Oakland, California, registered in 2023, with $3,029,789 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.0M
▲ 123.6% vs prior year
Social Science median: $380K
Expenses (FY2024)
$1.2M
Net assets
$2.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Next River— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Next River: 26 mo reserves · +59% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Next River— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Next River: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.4M (FY2023) to $3.0M (FY2024) across 2 reported years.
Financial snapshot
Operating margin
59.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$41K
Net assets
$2.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,029,789▲124% | $1,236,053▲76.9% | $2,656,948▲208% | $2,697,584▲205% | 990 |
| 2023 | $1,354,935 | $698,822 | $863,212 | $883,679 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
9 grants to Next River totaling $787K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Impactassets Inc | General support | 2024 | $175,000 |
| Impactassets Inc | General support | 2024 | $100,250 |
| Rockefeller Philanthropy Advisors Inc | Community improvement & capacity building, social science | 2024 | $50,000 |
| Tides Foundation | Healthy individuals and communities | 2024 | $40,000 |
| Amalgamated Charitable Foundation Inc | Project support | 2024 | $25,000 |
| American Online Giving Foundation Inc | General support | 2023 | $200,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $150,000 |
| Marin Community Foundation | Support artist as first responder, a fiscally-sponsored project | 2023 | $41,000 |
| Amalgamated Charitable Foundation Inc | Project support | 2023 | $6,200 |
Explore more
Data for Next River (EIN 87-1629269) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.