Rivers Edge Academy
- Assets
- $1.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 25
- Location
- St Paul, MN
- Founding
- 11/2009
- Data as of
- 06/2018
- EIN
- 02-0811896
Organization Overview
Rivers Edge Academy is located in St Paul, MN. The organization was established in 2009. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2018, Rivers Edge Academy employed 25 individuals. Rivers Edge Academy 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 06/2018, Rivers Edge Academy generated $1.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.6m during the year ending 06/2018. While expenses have increased by 8.2% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE STUDENTS TO BECOME ENVIRONMENTALLY RESPONSIBLE, SOCIALLY CONSCIOUS, & PREPARED FOR COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RIVER'S EDGE ACADEMY CHALLENGES STUDENTS TO DISCOVER THEIR GREATNESS BY LEARNING THROUGH EXPERIENCE IN A SMALL, SUPPORTIVE COMMUNITY. REA IS A CHARTER PUBLIC HIGH SCHOOL LOCATED ON THE WEST SIDE OF ST. PAUL. THE BOARD OF DIRECTORS AND STAFF ARE COMMITTED TO PROVIDING A HIGH QUALITY ACADEMIC PROGRAM WITH AN EMPHASIS ON EXPERIENTIAL LEARNING. RIVER'S EDGE ACADEMY PARTNERS WITH EXPEDITIONARY LEARNING SCHOOLS AND THE VOYAGEUR OUTWARD BOUND SCHOOL TO PROVIDE LEADERSHIP AND CHARACTER DEVELOPMENT. THE COMMUNITY SERVES LESS THAN 100 STUDENTS AND PREPARES STUDENTS FOR POST SECONDARY EDUCATION WITH 100% OF GRADUATES BEING ACCEPTED INTO COLLEGE. STUDENTS PARTICIPATE IN WEEKLY FIELD WORK INCLUDING SERVICE PROJECTS, COLLEGE VISITS AND ACADEMIC FIELD TRIPS VISITING MUSEUM, LABS, LIBRARIES AND NATURAL SPACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meghan Cavalier Executive Director | Officer | 40 | $94,189 |
Sky Davey Member/teacher | Trustee | 45 | $53,309 |
Emily Lundberg Secretary/teacher | OfficerTrustee | 45 | $37,015 |
Thomas Rupp Chair | OfficerTrustee | 5 | $0 |
Jen Peterson Treasurer | OfficerTrustee | 5 | $0 |
Alexandra Mcdonough Vice Chair | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,318,993 |
| Investment income | $0 |
| 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 | $1,329,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $216,539 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $488,238 |
| Pension plan accruals and contributions | $335,723 |
| Other employee benefits | $62,642 |
| Payroll taxes | $51,720 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,128 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $92,389 |
| Advertising and promotion | $2,761 |
| Office expenses | $34,769 |
| Information technology | $17,659 |
| Royalties | $0 |
| Occupancy | $152,204 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,318 |
| Interest | $340 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,014 |
| Insurance | $9,910 |
| All other expenses | $0 |
| Total functional expenses | $1,635,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,497 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,851 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,171 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,089,482 |
| Total assets | $1,260,007 |
| Accounts payable and accrued expenses | $82,020 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $19,006 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,115,568 |
| Total liabilities | $2,197,588 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | -$956,587 |
| Total liabilities and net assets/fund balances | -$937,581 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Duluth Public Schools Academy Duluth, MN | $11,300,582 | $19,293,947 |
Providence Academy Plymouth, MN | $90,830,285 | $18,450,860 |
Milwaukee Science Education Consortium Inc Milwaukee, WI | $22,408,763 | $18,701,164 |
Prairie School Inc Racine, WI | $75,801,246 | $20,722,980 |
Indian Community School Inc Franklin, WI | $820,604,355 | $21,906,582 |
Open Sky Education Inc Waukesha, WI | $15,604,401 | $16,173,980 |
Community Of Peace Academy St Paul, MN | $12,629,735 | $12,830,320 |
Des Moines Christian School Urbandale, IA | $33,454,159 | $19,777,183 |
New Millennium Academy Brooklyn Center, MN | $9,494,362 | $13,749,517 |
Tiospa Zina Tribal School Agency Village, SD | $23,159,499 | $11,778,835 |
Marty Indian School Board Inc Marty, SD | $22,784,414 | $13,798,378 |
Hope Community Academy St Paul, MN | $7,239,866 | $9,388,548 |