RiverWorks 
The information on this page was last updated 11/17/2025. If you see errors or omissions, please email: [email protected]
Summary
RiverWorks aligns and mobilizes community resources to deliver powerful solutions which meet the emotional, physical; relational, and spiritual needs of people connected to the Rockford/Greenfield area.
Contact information
Mailing address:
RiverWorks
P.O. Box 213
Rockford, MN 55373
Website: riverworksonline.org
Phone: (763) 607-9308
Email: [email protected]
Organization details
EIN: 264143579
CEO/President: Denise Kesanen
Chairman: Brian Howe
Board size: 5
Founder: Brian Howe
Ruling year: 2009
Tax deductible: Yes
Fiscal year end: 05/31
Member of ECFA: Yes
Member of ECFA since: 2025
Purpose
We envision a connected community creating hope and a quality of life in which all people thrive.
Mission statement
RiverWorks aligns and mobilizes community resources to deliver powerful solutions which meet the emotional, physical, relational and spiritual needs of people connected to the Rockford/Greenfield area.
Statement of faith
Articles
| 4/10/2026 | At Least Eight Ministries Resign From ECFA in Recent Weeks |
| 1/2/2026 | Set Free Alliance, Christian Health Service Corps Earn Highest Donor Confidence Scores |
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 265 of 1420 | 37 of 145 |
| Fund acquisition rating | | 872 of 1420 | 83 of 145 |
| Resource allocation rating | | 341 of 1420 | 51 of 145 |
| Asset utilization rating | | 147 of 1421 | 20 of 145 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2017 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 7% | 8% | 12% | 5% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 4% | 5% | 7% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 91% | 62% | 59% | 59% | 70% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% | 5% | 7% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 38% | 41% | 41% | 30% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2017 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 89% | 90% | 87% | 90% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 89% | 97% | 105% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 78% | 88% | 92% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 11% | 3% | -5% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 68% | 24% | -46% | 9% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 6% | 5% | 6% | 6% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2017 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.01 | 2.46 | 5.65 | 8.14 | 9.75 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.87 | 2.59 | 4.13 | 1.21 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.16 | 6.39 | 23.31 | 9.86 | 9.75 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2017 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.81 | 1.72 | 5.24 | 10.67 | 6.02 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.58 | 0.19 | 0.09 | 0.17 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.74 | 0.79 | 0.42 | 1.10 | 1.03 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2017 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 53% | 38% | 8% | 17% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 31% | 33% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 76% | 19% | 11% | 11% | 9% |
Financials
| Balance sheet | ||||
| Assets | 2025 | 2024 | 2023 | 2017 |
| Cash | $110,426 | $46,495 | $87,524 | $57,251 |
| Receivables, inventories, prepaids | $121,112 | $6,350 | $4,595 | $2,886 |
| Short-term investments | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 |
| Total current assets | $231,538 | $52,845 | $92,119 | $60,137 |
| Long-term investments | $0 | $0 | $0 | $0 |
| Fixed assets | $150,902 | $160,023 | $19,489 | $0 |
| Other long-term assets | $217,980 | $5,245 | $0 | $0 |
| Total long-term assets | $368,882 | $165,268 | $19,489 | $0 |
| Total assets | $600,420 | $218,113 | $111,608 | $60,137 |
| Liabilities | 2025 | 2024 | 2023 | 2017 |
| Payables and accrued expenses | $134,372 | $10,092 | $8,635 | $2,026 |
| Other current liabilities | $0 | $0 | $0 | $7,967 |
| Total current liabilities | $134,372 | $10,092 | $8,635 | $9,993 |
| Debt | $185,978 | $72,500 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $185,978 | $72,500 | $0 | $0 |
| Total liabilities | $320,350 | $82,592 | $8,635 | $9,993 |
| Net assets | 2025 | 2024 | 2023 | 2017 |
| Without donor restrictions | $0 | $0 | $0 | $50,144 |
| With donor restrictions | $0 | $0 | $0 | $0 |
| Net assets | $280,070 | $135,521 | $102,973 | $50,144 |
| Revenues and expenses | ||||
| Revenue | 2025 | 2024 | 2023 | 2017 |
| Total contributions | $1,028,312 | $739,662 | $505,477 | $416,277 |
| Program service revenue | $525,617 | $438,579 | $280,763 | $156,893 |
| Membership dues | $0 | $0 | $0 | $0 |
| Investment income | $40,494 | $1,973 | $485 | $0 |
| Other revenue | $74,266 | $84,154 | $74,590 | $17,376 |
| Total other revenue | $640,377 | $524,706 | $355,838 | $174,269 |
| Total revenue | $1,668,689 | $1,264,368 | $861,315 | $590,546 |
| Expenses | 2025 | 2024 | 2023 | 2017 |
| Program services | $1,309,777 | $1,108,635 | $792,540 | $529,109 |
| Management and general | $95,711 | $61,521 | $56,085 | $35,389 |
| Fundraising | $73,146 | $61,664 | $59,960 | $21,603 |
| Total expenses | $1,478,634 | $1,231,820 | $908,585 | $586,101 |
| Change in net assets | 2025 | 2024 | 2023 | 2017 |
| Surplus (deficit) | $190,055 | $32,548 | ($47,270) | $4,445 |
| Other changes in net assets | $0 | $0 | $0 | $0 |
| Total change in net assets | $190,055 | $32,548 | ($47,270) | $4,445 |
Compensation
| Name | Title | Compensation |
| Denise Kesanen | Executive Director | $44,995 |
Compensation data as of: 5/31/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 11/17/2025. To update the information below, please email: [email protected]
History
Founder Brian Howe built support for the concept through Riverwood Covenant Church and its members. Becoming a 501(c)3 approved non-profit in June 2009.
https://riverworksonline.org/about-us/