Connects community resources to solve local needs.
For fiscal year 2023 it reported $861K in revenue, $909K in expenses, and $103K in net assets.Pt I
Where the money goes · FY2023
Total revenue
$861K
Pt VIII · Ln 12
Total expenses
$909K
Pt IX · Ln 25
Net assets
$103K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$47K
Where spending went · Part IX cols B–D
87%
Program services $0.87 Management & general $0.06 Fundraising $0.07
Program efficiency
87%
of spending reaches programs
Operating runway
2.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-5%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2023 · Form 990
Revenue
$861K
FY2023▲ +21%
$1.7M$834K$0
FY2021FY2025
Expenses
$909K
FY2023▲ +16%
$1.5M$739K$0
FY2021FY2025
Total assets
$112K
FY2023▼ -25%
$600K$300K$0
FY2021FY2025
Total liabilities
$9K
FY2023▲ +89%
$320K$160K$0
FY2021FY2025
Total revenue
$861K
Pt VIII · Ln 12
Total expenses
$909K
Pt IX · Ln 25
Net assets
$103K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$47K
Total assetsPt X · Ln 16$112K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III
Where the work happens
3 program services account for $793K of program spending, described in the organization's own filed words · FY2022.
01
Community building events and programs include thousand hearts crow river serve, lunch box express, good eats by riverworks, golden neighbors lunch club, crow river christmas & national night out. These projects are done for the sole purpose of bringing the community together and to identify and provide services where needed.
$449Kprogram expense
02
The riverworks thrift store opened in january 2012 at the rockford mall located at 8900 walnut drive. In march of 2017 the store relocated to the greenfield mall at 7955 highway 55. The store sells clothing, furniture, kitchen and housewares, toys, books and more.
$266Kprogram expense
03
Food shelf opened in march of 2010 at 8230 cedar street, rockford, MN. In 2022 - 2023 the food shelf distributed 164,025 pounds of food to 1,420 households. The foodshelf has one full-time employee.
Denise Kesanen’s $45K as Executive Director
is at the 4th percentile of top reported officer pay among 3863 $1–10M human services nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Denise Kesanen · Reported title EXECUTIVE DI · Highest reported compensation $42K · Total expenses $909K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $296K · Total expenses $909K
33%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
87%
—
—
Overhead ratio
6%
—
—
Fundraising cost ratio
12%
—
—
Revenue growth
21%
—
—
Accounting fee ratio
0%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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