Skip to content

Connecticut · Nonprofit

RIVERA MEMORIAL FOUNDATION INC

RIVERA MEMORIAL FOUNDATION INC (Connecticut) receives grants from 9 organizations whose IRS filings report $248,771 to it, the largest being NELLIE MAE EDUCATION FOUNDATION INC ($162,000). 4 of them have funded it in more than one year.

Revenue FY2025
$447k
Funders on record
9
Grants received
$249k
Net assets
$279k
4/9 repeat fundersgrants exceed reported revenue in one year
01What it does

What Rivera Memorial Foundation Inc does

Mission

The Rivera Memorial Foundation, Inc., strives to develop, nurture, and empower the full human potential of all members and participants of the organization through a united effort of the Rivera Memorial Foundation and its staff, members, and community.

As stated on its FY2025 Form 990.

Programs

  1. Youth sports programs cheerleading, basketball and youth sports. Approximately 300 children served during the past fiscal year.

    $129,125 spent
    37% of program spending
  2. Youth programs- after school programs and various youth program serving children from the age of 5 to 15 with various school and after school programs to reduce juvenile delinquency in the inner city. Approximately 300 children served.

    $98,450 spent
    28% of program spending
  3. Provide after school work for inner city youth

    $74,344 spent
    21% of program spending
  4. Provide guidance via college tours and meeting college recruiters for eligible inner city students for over 400 students

    $31,383 spent
    9% of program spending
  5. Awarded 24 scholarships in fy 2024

    $15,400 spent
    4% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $348,702.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($118k) Expenses 100 ($106k) Net assets 100 ($71k)2018 Revenue 74 ($88k) Expenses 84 ($89k) Net assets 153 ($108k)2019 Revenue 154 ($182k) Expenses 95 ($101k) Net assets 278 ($196k)2020 Revenue 148 ($175k) Expenses 145 ($154k) Net assets 279 ($197k)2021 Revenue 58 ($69k) Expenses 120 ($127k) Net assets 216 ($153k)2022 Revenue 159 ($188k) Expenses 169 ($180k) Net assets 270 ($190k)2023 Revenue 286 ($337k) Expenses 234 ($249k) Net assets 394 ($278k)2024 Revenue 509 ($600k) Expenses 453 ($482k) Net assets 536 ($378k)2025 Revenue 379 ($447k) Expenses 334 ($355k) Net assets 395 ($279k)
'17'18'19'20'21'22'23'24'25
Revenue (379)Expenses (334)Net assets (395)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $278k to $389k (+40%).

$93k
$123k
$196k
$217k
$173k
$210k
$278k
$389k
$309k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 47% · 2024 85% · 2025 31%. Grants only. Government contracts and fees sit inside program revenue.

83% of RIVERA MEMORIAL FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (83% for the typical peer).

This organization
Typical peer · 6,387 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$12k
’17
−$1k
’18
$80k
’19
$21k
’20
−$59k
’21
$8k
’22
$88k
’23
$118k
’24
$92k
’25
6.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jessica Ocasio

Executive director

Board chair

Daniel Petroskey

Board chairperson

As listed on its FY2025 Form 990.

202320242025
Listed4415
Joined·+0+14
No longer listed·03
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $86 → $116.

3 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RIVERA MEMORIAL FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RIVERA MEMORIAL FOUNDATION INC leans on a few funders — its largest provides 65% of grant income and the top three 86%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RIVERA MEMORIAL FOUNDATION INC.

65%
largest funder
86%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 99% · 2022 86% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of RIVERA MEMORIAL FOUNDATION INC's funders are still giving 1 year after their first grant; 44% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

RIVERA MEMORIAL FOUNDATION INC draws 93% of its grant income from funders outside Connecticut, across 4 states in all.

MA
CT
MO
VA

In-state vs out-of-state, by year

’21
’22
Connecticut out of state home

Funder states come from each funder’s own filing. $39k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RIVERA MEMORIAL FOUNDATION INC runs a healthier operating margin than three-quarters of the 3,482 youth development nonprofits its size.

Operating margin21% · top quartile
Months of reserve6.8mo · above the median
Revenue growth (annualized)18% · above the median

this organization peer median middle 50% of peers· 3,482 youth development nonprofits $100k–$1M, FY2025

Government funding RIVERA MEMORIAL FOUNDATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $980k on record.

State$980k
19
20
21
22
23
24
25
26
Top programs
  • Pass thru Grant Non-State$980k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like RIVERA MEMORIAL FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

53%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for RIVERA MEMORIAL FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RIVERA MEMORIAL FOUNDATION INC?
RIVERA MEMORIAL FOUNDATION INC (Connecticut) receives grants from 9 organizations whose IRS filings report $248,771 to it, the largest being NELLIE MAE EDUCATION FOUNDATION INC ($162,000). 4 of them have funded it in more than one year.
How many funders does RIVERA MEMORIAL FOUNDATION INC have?
IRS filings report 9 organizations giving $248,771 in grants to RIVERA MEMORIAL FOUNDATION INC, 4 of which have funded it in more than one year.
Who is the largest funder of RIVERA MEMORIAL FOUNDATION INC?
NELLIE MAE EDUCATION FOUNDATION INC is the largest funder on record, with $162,000 in grants. The full list of funders is on this page.
How can an organization like RIVERA MEMORIAL FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Rivera Memorial →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing