Connects community resources to solve local needs.
For fiscal year 2024 it reported $1.3M in revenue, $1.2M in expenses, and $136K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$136K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $33K
Where spending went · Part IX cols B–D
90%
Program services $0.90 Management & general $0.05 Fundraising $0.05
Program efficiency
90%
of spending reaches programs
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$1.3M
FY2024▲ +47%
$1.7M$834K$0
FY2021FY2025
Expenses
$1.2M
FY2024▲ +36%
$1.5M$739K$0
FY2021FY2025
Total assets
$218K
FY2024▲ +95%
$600K$300K$0
FY2021FY2025
Total liabilities
$83K
FY2024▲ +856%
$320K$160K$0
FY2021FY2025
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$136K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$33K
Total assetsPt X · Ln 16$218K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III
Where the work happens
3 program services account for $1.1M of program spending, described in the organization's own filed words · FY2023.
01
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 7945 highway 55. The store sells clothing, furniture, kitchen and housewares, toys, books and more.
$765Kprogram expense
02
Food shelf opened in march of 2010 at 8230 cedar street, rockford, MN. In 2023 - 2024 the food shelf distributed 193,300 pounds of food to 1,710 households. The foodshelf has one full-time employee.
$285Kprogram expense
03
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.
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 $44K · Total expenses $1.2M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $370K · Total expenses $1.2M
30%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
90%
—
—
Overhead ratio
5%
—
—
Fundraising cost ratio
8%
—
—
Revenue growth
47%
—
—
Accounting fee ratio
1%
—
—
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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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