Richmond Friends of Recreation C/o Walter E Faverso
Only null% goes to programs Strong reserves Declining revenue
Richmond Friends of Recreation C/o Walter E Faverso is a 501(c)(3) organization based in Pinole, California, registered in 1979, with $250 in FY2023 revenue. CharityIndex grades it D.
1508 San Pablo Ave, Pinole, CA, 94564 EIN 94-2600126 Since 1979
Revenue (FY2023)
$250
▼ 99.0% vs prior year
Recreation median: $129K
Expenses (FY2023)
$6,977
Net assets
$35K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Richmond Friends of Recreation C/o Walter E Faverso— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating61 mo reserves · -2691% margin
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 Richmond Friends of Recreation C/o Walter E Faverso: 61 mo reserves · -2691% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Richmond Friends of Recreation C/o Walter E Faverso— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Richmond Friends of Recreation C/o Walter E Faverso: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1508 San Pablo Ave, Pinole, CA, 94564
- City
- Pinole
- State
- California
- Category
- Recreation & Sports
- Subcategory
- Parks & Playgrounds
- Website
- …
Financial trends
Revenue declined from $47K (FY2012) to $250 (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1,611Net assets $35K
Operating margin
-2690.8%
Spent more than it raised in the latest fiscal year.
Total assets
$37K
Total liabilities
$1,611
Net assets
$35K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $250▼99.0% | $6,977▲49.6% | $35,223▼16.0% | $36,834▼69.5% | 990EZ |
| 2022 | $26,287▲12.6% | $4,663▼60.6% | $41,950▲106% | $120,928▲163% | 990EZ |
| 2021 | $23,346▲125% | $11,832▲39.7% | $20,326▲131% | $46,031▲56.3% | 990EZ |
| 2020 | $10,356▼68.8% | $8,468▼79.0% | $8,812▲27.3% | $29,453▲114% | 990EZ |
| 2019 | $33,150▼81.7% | $40,366▼79.4% | $6,924▼51.0% | $13,750▼42.1% | 990EZ |
| 2018 | $181,123▼0.2% | $196,073▲21.7% | $14,140▼51.4% | $23,745▼42.2% | 990EZ |
| 2017 | $181,516▲616% | $161,121▲412% | $29,090▲235% | $41,091▲80.7% | 990EZ |
| 2016 | $25,345▼95.2% | $31,466▼94.1% | $8,695▼41.3% | $22,739▼18.4% | 990EZ |
| 2015 | $524,170▲1336% | $536,517▲2515% | $14,816▼44.5% | $27,870▼33.6% | 990 |
| 2014 | $36,496▼23.1% | $20,518▼20.6% | $26,683▼30.0% | $41,977▲10.1% | 990EZ |
| 2012 | $47,447 | $25,833 | $38,140 | $38,140 | 990EZ |
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.
Grants received · $17K total
2 grants to Richmond Friends of Recreation C/o Walter E Faverso totaling $17K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Initiatives | General support | 2019 | $6,980 |
| Silicon Valley Community Foundation | Building community | 2015 | $10,000 |
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Frequently asked questions
- Is Richmond Friends of Recreation C/o Walter E Faverso a legitimate nonprofit?
- Yes. Richmond Friends of Recreation C/o Walter E Faverso is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-2600126, based in Pinole, California. Donations are tax-deductible.
- What is Richmond Friends of Recreation C/o Walter E Faverso's EIN?
- Richmond Friends of Recreation C/o Walter E Faverso's Employer Identification Number (EIN) is 94-2600126.
- How much revenue does Richmond Friends of Recreation C/o Walter E Faverso report?
- Richmond Friends of Recreation C/o Walter E Faverso reported $250 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Richmond Friends of Recreation C/o Walter E Faverso have?
- CharityIndex grades Richmond Friends of Recreation C/o Walter E Faverso D, based on financial health (reserves and operating margin).
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Data for Richmond Friends of Recreation C/o Walter E Faverso (EIN 94-2600126) 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.