Riverwise INC EIN 87-2388007

Riverwise INC

EIN  87-2388007 Public charity (501(c)(3)) Aliquippa, PA Founded 2022
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Size
$100K–1M
What they do
Organizes community voice and power for residents to shape their future along Beaver County rivers.
Leadership
Daniel E Rossi-Keen · Executive Di · $137K
Money in and out
$715K revenue, $679K expenses
Bottom line
73% program efficiency

Organizes community voice and power for residents to shape their future along Beaver County rivers. For fiscal year 2025 it reported $715K in revenue, $679K in expenses, and $380K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$715K
Pt VIII · Ln 12
Total expenses
$679K
Pt IX · Ln 25
Net assets
$380K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $37K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.20 Fundraising $0.07
Program efficiency
73%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
6.4mo
months of highly liquid reserves at operating expense rate▼ -9% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▼ -70% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$715K
FY2025▲ +2%
Expenses
$679K
FY2025▲ +17%
Total assets
$381K
FY2025▲ +11%
Total liabilities
$1K
FY2025▼ -6%
Total revenue
$715K
Pt VIII · Ln 12
Total expenses
$679K
Pt IX · Ln 25
Net assets
$380K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$37K
Total assetsPt X · Ln 16$381K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

2 program services account for $493K of program spending, described in the organization's own filed words · FY2025.
01

Project Identification and Management

Riverwise works primarily in postindustrial justice 40 communities that have experienced historial disinvestment of all kinds. In such communities, we work to identify and manage high impact projects that demonstrate what a more organized, healthy, and visionary future for the region looks like.

$443Kprogram expense
02

Community-Informed Storytelling

We believe storytelling isn't simply a part of promoting community change. Storytelling is the primary engine for disrupting existing narratives about who communities are and what they might become.

$50Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRiverwise INC
EINHdr · item D87-2388007
Principal addressHdr · item CAliquippa, PA
WebsiteHdr · item Jwww.getriverwise.com
Year of formationHdr · item L2022
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S50)
Ruling yearIRS BMFOct 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$137,400Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Daniel E Rossi-Keen’s $137K as Executive Di is at the 88th percentile of top reported officer pay among 1711 $100K–1M community development 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023
Daniel E Rossi-Keen$137,400
Daniel E Rossi-Keen$134,400
Daniel Rossi-Keen$58,923

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.

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Statement of Revenue

Part VIII
Contributions & grants$585K · 82%
Program service revenue$130K · 18%
Contributions & grants82%$585K
Program service revenue18%$130K
— government grantsLn 1e$243K
Total revenueLn 12$715K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.20 Fundraising $0.07
Program services73%$493K
Management & general20%$138K
Fundraising7%$48K
Total functional expensesLn 25$679K

Balance Sheet

Part X · end of year
CashLn 1$361K
Total assetsLn 16$381K
Total liabilitiesLn 26$1K
Total net assetsLn 32$380K
Months of cash on handcomputed6.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $361K · Operating expenses/yr $679K
6.4 months
Where the money goes
Program services
Program services $493K · Total expenses $679K
73%
Management & General
Management & general $138K · Total expenses $679K
20%
Fundraising
Fundraising $48K · Total expenses $679K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $37K · Solicited contributions (3-yr avg) $376K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $585K · Total revenue $715K
82%
Government reliance
Government grants $243K · Total revenue $715K
34%
Earned-income share
Program service revenue $130K · Total revenue $715K
18%
Investment reliance
Investment income $0 · Total revenue $715K
0%
Program self-sufficiency
Program service revenue $130K · Total expenses $679K
19%
Growth & trend
Revenue growth (YoY)
This year $715K · Prior year $700K
+2%
Net-asset trend (YoY)
End of year $380K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $715K · Expenses $679K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $381K
Net-asset ratio
Net assets $380K · Total assets $381K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $381K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Daniel E Rossi-Keen · Reported title EXECUTIVE DI · Highest reported compensation $137K · Total expenses $679K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $291K · Total expenses $679K
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 20%
Fundraising cost ratio 8%
Revenue growth 2%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Tides FoundationFY2024$100K
Total grants receivedfrom 5 funders$357K
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$715K revenue · viewing · ⤓ 990 PDF
FY2024$700K revenue · ⤓ 990 PDF
FY2023$495K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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