philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Rvr Foundation INC

Williamsport, PAUnknown exempt organizationEIN 46-3245973

To support the river valley regional YMCA by financing a new facility to lease to the YMCA.

51¢ of each $1 spent went to programs.
Run by 3 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2020
latest Form 990
Concern: the latest return is for FY2020, 6 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5.7M
75% of total assets
Worth a look: liabilities are 75% of assets; over 65%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$389K
Spent
$513K
To programs
51%
Net assets
$1.9M

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $262K Management & general 49% · $252K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Bob Elion
President
$0Pt VII · Sec A
Pete Schultz
Vice President
$0Pt VII · Sec A
Jeff Rauff
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Rvr Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Finances a new facility to lease to the River Valley Regional YMCA.

Provided by the organization

This section is blank until Rvr Foundation INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $262K of program spending, described in the organization's own filed words · FY2020.
01

The RVR foundation was formed during 2013 as a wholly controlled affiliate of the ymca, a 501(c)(3) charitable organization. The foundation was formed for the purpose of acquiring funding to finance project costs of a new williamsport branch ymca facility which is leased back to the ymca.

$262Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$389K
Ln 12
Fees for servicesLn 2g$389K
Investment incomeLn 3$37
Money outPt IX
$513K
Ln 25
Programscol B$262K
Managementcol C$252K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$88K
Total assetsLn 16$7.7M
LiabilitiesLn 26$5.7M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$389K
Investment incomeLn 3$37
Total revenueLn 12$389K
Assets in detailPt X, end of year
CashLn 1$13K
SavingsLn 2$74K
Cash and savings togetherLn 1–2$88K
Land, buildings, equipmentLn 10c$7.4M
Other assetsLn 15$7K
Total assetsLn 16$7.7M
LiabilitiesLn 26$5.7M
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 53
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$99K$88K
Land, buildings, equipmentLn 10c$7.6M$7.4M
Total assetsLn 16$7.7M$7.7M
LiabilitiesLn 26$7.9M$5.7M
Net assetsLn 32−$217K$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$23K$23K
OccupancyLn 16$90K$90K
InterestLn 20$175K$115K$61K
Depreciation, depletion and amortizationLn 22$224K$147K$78K
InsuranceLn 23$750$750
Total functional expensesLn 25$513K$262K$252K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest Viewing $389K$513K−$124K$1.9M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $389,371 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $389,334$389,334
VIII-3 Investment incomeExcluded from tax $37$37
VIII-12 Total revenueRelated to mission $389,334 · Unrelated business $0 · Excluded from tax $37$389,371
Part IX · Statement of functional expenses $513,338 across 5 lines filed
IX-11c Accounting feesManagement $23,058$23,058
IX-16 OccupancyManagement $89,796$89,796
IX-20 InterestPrograms $114,743 · Management $60,549$175,292
IX-22 Depreciation, depletion and amortizationPrograms $146,915 · Management $77,527$224,442
IX-23 InsuranceManagement $750$750
IX-25 Total functional expensesPrograms $261,658 · Management $251,680 · Fundraising $0$513,338
Part X · Balance sheet $7,662,462 assets, 13 lines filed
Asset lines not itemized here account for $118,951; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $24,317$13,287
X-2 Savings and temporary cash investmentsStart of year $74,231$74,268
X-9 Prepaid expenses and deferred chargesStart of year $7,483$60,928
X-10c Land, buildings and equipment, netStart of year $7,612,343$7,387,901
X-15 Other assetsStart of year $7,127$7,127
X-16 Total assetsStart of year $7,725,501$7,662,462
X-17 Accounts payable and accrued expensesStart of year $75,000$78,250
X-19 Deferred revenueStart of year $3,675$3,675
X-25 Other liabilitiesStart of year $24,167$24,167
X-26 Total liabilitiesStart of year $7,942,842$5,720,092
X-27 Net assets without donor restrictionsStart of year −$217,341$1,942,370
X-32 Total net assets or fund balancesStart of year −$217,341$1,942,370
X-33 Total liabilities and net assetsStart of year $7,725,501$7,662,462
Part XI · Reconciliation of net assets $1,942,370 net assets at year end
XI-1 Total revenue$389,371
XI-2 Total expenses$513,338
XI-3 Revenue less expenses−$123,967
XI-4 Net assets at start of year−$217,341
XI-9 Other changes in net assets$2,283,678
XI-10 Net assets at end of year$1,942,370

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.