Riverwalk Fort Lauderdale Inc
Nonprofit profile at a glance
- EIN
- 650112666
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Fort Lauderdale, FL, USA
- Phone
- 9544681541
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $488,657
- Expenses
- $620,739
- Assets
- $391,067
- Liabilities
- $90,910
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
63 people listed
Executive titles in this filing
- EUGENIA DUNCAN ELLIS (PRESIDENT/CEO)
Highest reported compensation
- EUGENIA DUNCAN ELLIS (PRESIDENT/CEO): $148,775 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To be a catalyst in building and nuturing riverwalk and the riverwalk district in downtown fort lauderdale, fl, as a vibrant community connected by the new river.
What it reported doing in 2024
Riverwalk fort lauderdale publishes the go riverwalk magazine in order to promote the area of riverwalk
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 84
- Accountability: 90
- Sustainability: 18
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.8%; rating input score 85
- Program expense ratio: 66.6%; rating input score 67
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 81.2%; rating input score 81; 1st 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: 6 of 8 controls in place; rating input score 75
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -27%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 24%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 84.8% of revenue deployed · 66.6% of spending went to programs
- Governance: 63 of 63 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $414K in reported program spending
- Leadership: top reported pay $149K · 63 people listed
- Consistency: 26 of 29 current checks pass · 3 findings to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 16 filing years from 2009 to 2024
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 11/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D expense reconciliation did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D revenue reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.