Three Rivers Business Alliance
Nonprofit profile at a glance
- EIN
- 822148826
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022, Form 990-N 2020
- Location
- Pittsburgh, PA, USA
- Phone
- 4123464161
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $283,218
- Expenses
- $271,864
- Assets
- $50,403
- Liabilities
- $37,281
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Christopher Rafalski (President/Former Executive Director)
- Cynthia Oliver (Former Executive Director)
- Jordan Botta (Current Executive Director)
Highest reported compensation
- Christopher Rafalski (President/Former Executive Director): $64,310 total reported compensation
- Cynthia Oliver (Former Executive Director): $37,586 total reported compensation
- Paul Block (Treasurer): $1,980 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 seek, promote, & improve the business conditions of lesbian, gay, bisexual, tansgender & other nonconforming persons (LGBTQ+) in the Pittsburgh/Greater Allegheny region& their Allies enhancing financial opportunities, developing relationships & networks,
What it reported doing in 2024
Enhances financial opportunities, develops relationships & networks, promoting the certification of LGBTQ+ owned businesses, educating LGBTQ+ business owners in best practices, fostering diversity & inclusion.
Operating model
- Revenue model
- Grant-funded. 79% of the money available for current operations came from government grants.
- 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 65
- Accountability: 86
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.5%; rating input score 90
- Program expense ratio: 94.3%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.74; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 38.2%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 82.4% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 36.7% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 22.1% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 90.5% of revenue deployed · 94.3% of spending went to programs
- Governance: 12 of 12 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $64K · 14 people listed · 0 of 6 pay-setting controls reported
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 4 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 7/100.