Riverwalk Education Foundation Inc

Organization Overview

Riverwalk Education Foundation Inc is located in Leon Valley, TX. The organization was established in 2003. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Riverwalk Education Foundation Inc employed 1,475 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverwalk Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Riverwalk Education Foundation Inc generated $109.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.7% each year . All expenses for the organization totaled $115.8m during the year ending 06/2022. While expenses have increased by 30.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION DRIVES ACADEMIC AND SOCIO-EMOTIONAL DEVELOPMENT THROUGH A RIGOROUS COLLEGE PREPARATORY, STEM-BASED LEARNING MODEL. THE MODEL IS ANCHORED ON 21ST CENTURY SKILLS, EMBRACED BY A CHARACTER-BUILDING APPROACH, AND DELIVERED IN AN ENRICHING, SAFE, AND STUDENT-CENTERED LEARNING ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IT OPERATES A SCHOOL FOR THE BENEFIT OF CHILDREN IN SCHOOL DISTRICTS IN THE SAN ANTONIO,HOUSTON, AND CORPUS CHRISTI AREAS. THE FUNCTION OF OPERATING THE SCHOOL IS THE REASON FOR THE ORGANIZATION'S EXEMPT STATUS.


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Board, Officers & Key Employees

Name (title)Compensation
Fevzi Simsek
Superintende
$131,956
Mehmet Nalcaci
Ceo/ Adv To
$129,809
Atnan Ekin
Reg Exec Dir
$119,206
Muhammet Pakdil
Reg Exec Dir
$109,962
Zekeriya Yuksel
Director Of
$108,366
Alpaslan Uzgoren
Principal
$105,072

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cohn-huggins Llc
Rent
$1,045,500
Key Contrsuction Inc
Construction
$2,173,676
Alamo Architects
Architecture
$2,125,714
Specialized Assessment & Consulting
Consulting
$873,255
Crystal Facility Solutions Inc
Cleaning Comp.
$780,385
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $106,567,553
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$106,567,553
Total Program Service Revenue$2,652,009
Investment income $30,650
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $109,250,212

Peer Organizations

Organization NameAssets
Riverwalk Education Foundation Inc
Leon Valley, TX
$109,250,212
Kipp New Orleans Inc
New Orleans, LA
$98,874,957
Jubilee Academic Center Inc
San Antonio, TX
$90,492,083
Collegiate Academies
New Orleans, LA
$53,651,959
Renew-Reinventing Education
New Orleans, LA
$47,428,297
Arkansas Virtual Academy
Little Rock, AR
$37,932,459
Basis Texas Charter Schools Inc
San Antonio, TX
$37,557,705
East Texas Advanced Academies
Longview, TX
$36,412,393
Foundation For Louisiana Students
Baton Rouge, LA
$45,344,778
Discovery Health Sciences Foundation Inc
Metairie, LA
$39,738,669
Dove Schools
Oklahoma City, OK
$33,594,722
Young Audiences Charter Association
Gretna, LA
$27,258,299
Dzilth-Na-O-Dith-Hle School Board Of Education
Bloomfield, NM
$7,309,837
Algiers Charter School Association Inc
New Orleans, LA
$29,241,464
Einstein Group
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$27,081,942
Morris Jeff Community School
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$23,710,178
Advocates For Arts Based Educationinc
New Orleans, LA
$22,680,655
Golden Rule Schools Inc
DeSoto, TX
$21,449,079
Legacy21 Inc
Mesquite, TX
$20,437,215
South Louisiana Charter Foundation Inc
Baton Rouge, LA
$18,514,680
Hynes Charter School Corporation
New Orleans, LA
$19,932,415
International Academy Williamson County
Round Rock, TX
$18,404,184
Houston Gateway Academy Inc
Houston, TX
$30,104,299
Shreveport Charter Schools Inc
Shreveport, LA
$18,006,438
Eagle Advantage Schools Inc
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$15,896,650

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