Operating record

Riverview Foundation

Brunswick, ME · EIN 01-0488477 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,135,231$805,308$329,9234.142%
2021$969,672$1,134,523−$164,8511.444%
2022$1,148,174$1,294,598−$146,424-0.343%
2023$1,441,320$1,519,791−$78,471-0.940%

In its most recent public year (2023), this organization spent $78,471 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.9 months), down from 4.1 in 2020. Staff pay was 40% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗