Riverside House
Legal name: Riverside Christian Ministries Inc
Nonprofit profile at a glance
- EIN
- 592093182
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Miami, FL, United States
- Phone
- (305) 326-9799
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Half-Way House for Offenders, Ex-Offenders
- Affiliation
- Christianity
Reported finances
- Revenue
- $3,472,467
- Expenses
- $3,635,720
- Assets
- $3,551,765
- Liabilities
- $1,475,882
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- CLEVELAND BELL III (EXECUTIVE DIRECTOR)
Highest reported compensation
- CLEVELAND BELL III (EXECUTIVE DIRECTOR): $165,831 total reported compensation
- DAVID A MCSHERRY (CHIEF OPERATING OFFICER): $106,435 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Riverside House exists to guide men and women convicted of crime into becoming productive citizens through a non-denominational, faith-based approach. The Board of Directors provides strategic oversight, fiduciary accountability, and mission stewardship to ensure Riverside House operates with integrity, transparency, and long-term organizational stability. Members bring diverse expertise from public service, corporate leadership, faith communities, and non-profit management. Advisory Committee The Advisory Committee includes respected community members, business leaders, faith leaders, and subject-matter experts who provide advice, insight, and support to strengthen Riverside House's programs and community impact. Members contribute professional expertise and lived experience that inform our mission.
What it reported doing in 2024
Riverside emergency shelter - male population - (30) bed contract with miami homeless trust.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 70
- Accountability: 88
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.3%; rating input score 84
- Program expense ratio: 82.1%; rating input score 82
- Fundraising efficiency: $2.11 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 14th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.7%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 7.5%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 7.4% per year; rating input score 100; 47th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 84.3% of revenue deployed · 82.1% of spending went to programs
- Governance: 4 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $3M in reported program spending
- Leadership: top reported pay $166K · 6 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $446K reported
- Consistency: 33 of 33 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 5/100.
- High — Sustainability: Operating margin scored 21/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.