River's Edge-a Place for Reflection and Action

Nonprofit profile at a glance

EIN
201289813
IRS 990 coverage
2011–2020
Forms available
Form 990 2020
Location
Cleveland, OH, USA
Phone
2166881111
Rating
79
Verdict
SUPPORTED
Rating confidence
Standard

Official website

Reported finances

Revenue
$214,161
Expenses
$188,969
Assets
$113,030
Liabilities
$29,050

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • FRANCES CROWE DIDONATO (PRESIDENT)
  • SARAH WIDENER (EXECUTIVE DIRECTOR)
  • LENA L GRAFTON (VICE PRESIDENT)

Highest reported compensation

  • SARAH WIDENER (EXECUTIVE DIRECTOR): $60,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of river's edge, a place for action and reflection is to foster the integration of personal wellness, spirituality, global and ecological responsibility, and expanding

What it reported doing in 2020

Wellness practice & programming includes the costs of providing yoga, tai chi & reiki courses, massotherapy, neurofeedback, cranial-sacral therapy, art therapy, counseling, and spiritual direction. River's edge offers group retreats that allow participants to contemplate diverse faith traditions and quiet directed retreats. A series of contemplative practices that assists in helping individuals internalize and integrate the knowledge gleaned through the other programs offered as well.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 100
  • Accountability: 95
  • Sustainability: 37
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.5%; rating input score 71
  • Program expense ratio: 79.9%; rating input score 80
  • Fundraising efficiency: $15.48 raised per $1 spent on fundraising; rating input score 46; 46th 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 11.8%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 31.8%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -17.2% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -9.3% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -13.9% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 70.5% of revenue deployed · 79.9% of spending went to programs
  • Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $151K in reported program spending
  • Leadership: top reported pay $60K · 12 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 9 filing years from 2011 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.