Riverzedge Arts Project
Only null% goes to programs Strong reserves Declining revenue
Riverzedge Arts Project is a 501(c)(3) organization based in Woonsocket, Rhode Island, registered in 2003, with $556,779 in FY2024 revenue. CharityIndex grades it B.
196 2nd Ave, Woonsocket, RI, 02895 EIN 13-4206227 Since 2003
Revenue (FY2024)
$557K
▼ 27.3% vs prior year
Youth median: $163K
Expenses (FY2024)
$590K
Net assets
$708K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Riverzedge Arts Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating14 mo reserves · -6% 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 Riverzedge Arts Project: 14 mo reserves · -6% margin earns a B+ 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 Riverzedge Arts Project— 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 Riverzedge Arts Project: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 196 2nd Ave, Woonsocket, RI, 02895
- City
- Woonsocket
- State
- Rhode Island
- Category
- Youth Development
- Subcategory
- Youth Development Programs
- Website
- …
Financial trends
Revenue declined from $613K (FY2013) to $557K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $708K
Operating margin
-6.0%
Spent more than it raised in the latest fiscal year.
Total assets
$708K
Total liabilities
$0
Net assets
$708K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $556,779▼27.3% | $590,071▼30.6% | $708,435▼4.5% | $708,435▼14.3% | 990 |
| 2023 | $766,141▼10.8% | $850,590▲9.7% | $741,727▼10.2% | $826,774▼4.7% | 990 |
| 2022 | $858,675▲16.1% | $775,146▲40.3% | $826,176▲11.2% | $867,157▲12.6% | 990 |
| 2021 | $739,892▲29.4% | $552,375▲2.5% | $742,647▲33.2% | $770,234▲28.6% | 990 |
| 2020 | $571,640▲40.4% | $538,691▲16.3% | $557,419▲31.0% | $598,785▲22.9% | 990 |
| 2019 | $407,103▼35.7% | $463,294▲2.8% | $425,581▼11.7% | $487,186▼20.7% | 990 |
| 2018 | $633,184▼1.5% | $450,524▼4.2% | $481,772▲61.1% | $614,202▲75.9% | 990 |
| 2017 | $642,734▲25.2% | $470,421▼10.0% | $299,112▲136% | $349,140▲95.3% | 990 |
| 2016 | $513,220▼3.0% | $522,697▼1.1% | $126,799▼7.0% | $178,778▼4.4% | 990 |
| 2015 | $528,928▼28.9% | $528,549▼12.8% | $136,276▲0.3% | $187,027▼4.0% | 990 |
| 2014 | $744,245▲21.3% | $606,242▼7.7% | $135,897▲494% | $194,913▲76.5% | 990 |
| 2013 | $613,470 | $656,701▲2.4% | $22,879▼65.4% | $110,432▲26.4% | 990 |
| 2012 | — | $641,603▲11.0% | $66,110▼60.5% | $87,367▼51.6% | 990 |
| 2011 | — | $577,846 | $167,493 | $180,568 | 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.
Grants received · $389K total
18 grants to Riverzedge Arts Project totaling $389K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | Edu - educational success (primary) | 2024 | $88,800 |
| The Rhode Island Community Foundation | Arts and culture | 2023 | $75,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
| The Rhode Island Community Foundation | Arts education and training for adjudicated youth | 2022 | $50,000 |
| Nellie Mae Education Foundation Inc | "we say gay!" | 2022 | $14,850 |
| The Rhode Island Community Foundation | Riverzedge arts youth supply center | 2022 | $6,200 |
| The Rhode Island Community Foundation | Blackstone valley antilitter project; covid-19 vaccination incentive fund grant; crush covid campaign expansion; board chair/ed coaching program - mini grant; community-designed sign sculpture for river island park | 2021 | $34,150 |
| The Rhode Island Community Foundation | Arts education and training program and expanded learning opportunities | 2020 | $20,000 |
| The Rhode Island Community Foundation | Arts education and training program and expanded learning opportunities | 2020 | $20,000 |
| The Rhode Island Community Foundation | Riverzedge outdoors | 2020 | $16,760 |
| The Rhode Island Community Foundation | Riverzedge outdoors | 2020 | $16,760 |
| Nellie Mae Education Foundation Inc | Everything equal?: youth experiences and the social-emotional impact of identity-based violence | 2020 | $13,620 |
| The Rhode Island Community Foundation | Second avenue school fence | 2020 | $8,500 |
| The Rhode Island Community Foundation | Second avenue school fence | 2020 | $8,500 |
| The Rhode Island Community Foundation | Riverzedge arts, arts, education & training program | 2020 | $5,000 |
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Frequently asked questions
- Is Riverzedge Arts Project a legitimate nonprofit?
- Yes. Riverzedge Arts Project is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-4206227, based in Woonsocket, Rhode Island. Donations are tax-deductible.
- What is Riverzedge Arts Project's EIN?
- Riverzedge Arts Project's Employer Identification Number (EIN) is 13-4206227.
- How much revenue does Riverzedge Arts Project report?
- Riverzedge Arts Project reported $556,779 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Riverzedge Arts Project have?
- CharityIndex grades Riverzedge Arts Project B, based on financial health (reserves and operating margin).
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Data for Riverzedge Arts Project (EIN 13-4206227) 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.