Red River Valley Association Inc

Nonprofit profile at a glance

EIN
237033827
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Crestview, FL, USA
Phone
9522210747
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$508,159
Expenses
$695,489
Assets
$1,618,385
Liabilities
$43,246

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • CRAIG POPE (President)

Highest reported compensation

  • MAT GARRETSON (Executive Dir.): $60,000 total reported compensation
  • LAURA MAHAN (MIG Sweep Edit): $58,735 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The red river valley association, inc. Generates national awareness of military service and sacrifice and provides comfort and support for the family members of those uniformed service aircrew personnel mia/kia/pow who were associated with the war in southeast asia to the present for both combat losses and operational accidents. A proud fraternity of warriors, the organization is dedicated to our nation and to comrades in arms, particulary the families of our members who paid the ultimate price for freedom. They also remain stead-fastly dedicated to future generations of americans who may again be called to serve the nation in time of war. The organization provides scholarships to children or dependents of those aviators who pay the ultimate sacrifice of death protecting our nation and its values.

What it reported doing in 2025

The organization hosts reunions and publishes a magazine to share the camaraderie and fellowship of our fellow aviators. We provide scholarship assistance to dependents of the lost military service aircrew personnel. The Aviator Medical Issues Committee focuses on health issues that plague aviators and other aircrew disproportionately such as cancer, head/neck issues, and sadly more. We support the Constitution of the United States and honor the service and sacrifice of our fellow US Military Aircrew Members. We continue to advocate for air power in ever expanding ways. The RIVER RATS are maintaining the legacies of America's greatest air warriors, passing those legacies to the young warriors who follow, and taking care of the children of those warriors who gave all.Scholarships are awarded to children of the U.S. Military and Coast Guard personnel declared KIA/MIA/POW from armed conflicts in Southeast Asia through the present. Dependents of aircrew members killed performing aircrew duties in peace time aircraft accidents are also eligible, along with persons (of any status) studying in engineering fields related to aviation space. The Red River Valley Association, Inc. awarded 63 scholarships in 2025.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 49% for direct work, and 51% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 94
  • Accountability: 70
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.2%; rating input score 88
  • Program expense ratio: 56.7%; rating input score 57
  • Fundraising efficiency: $1.1 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 26th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -36.9%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 2.33; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 17.1%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 88.2% of revenue deployed · 56.7% of spending went to programs
  • Governance: 18 of 20 board members independent · 3 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $394K in reported program spending
  • Leadership: top reported pay $60K · 20 people listed
  • Highest-paid contractors: 1 contractor listed · $171K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.