Riverside School Inc
- Assets
- $3.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 40
- Location
- Lyndonville, VT
- Founding
- 11/1982
- Data as of
- 07/2022
- EIN
- 03-0282244
Organization Overview
Riverside School Inc is located in Lyndonville, VT. The organization was established in 1982. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 07/2022, Riverside School Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside School 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 07/2022, Riverside School Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $1.5m during the year ending 07/2022. While expenses have increased by 9.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP ACTIVE LEARNERS, PATIENT LEADERS, AND ENGAGED CITIZENS IN A SUPPORTIVE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ELEMENTARY EDUCATION AND EXTRACURRICULAR ACTIVITIES FOR STUDENTS FROM LYNDON, VT, AND SURROUNDING TOWNS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Daffinrud President | OfficerTrustee | 1.25 | $0 |
Cath Kane Secretary | OfficerTrustee | 1.25 | $0 |
Mike Moore Treasurer | OfficerTrustee | 1.25 | $0 |
David Kennedy Vice Preside | OfficerTrustee | 1.25 | $0 |
Kim Behr Board Member | Trustee | 1.25 | $0 |
Jim Newell Board Member | Trustee | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,712 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,712 |
| Total Program Service Revenue | $1,608,745 |
| Investment income | $1,020 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,779 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,032 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,740,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,011,614 |
| Pension plan accruals and contributions | $29,408 |
| Other employee benefits | $59,617 |
| Payroll taxes | $75,883 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,001 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,073 |
| Advertising and promotion | $4,727 |
| Office expenses | $10,305 |
| Information technology | $10,489 |
| Royalties | $0 |
| Occupancy | $59,005 |
| Travel | $20,992 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,940 |
| Interest | $29,194 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,267 |
| Insurance | $1,137 |
| All other expenses | $21,365 |
| Total functional expenses | $1,482,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $429,666 |
| Savings and temporary cash investments | $212,434 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,169 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,028,543 |
| Investments—publicly traded securities | $308,458 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,981,270 |
| Accounts payable and accrued expenses | $2,225 |
| Grants payable | $0 |
| Deferred revenue | $52,122 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $722,880 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $777,227 |
| Net assets without donor restrictions | $2,199,043 |
| Net assets with donor restrictions | $5,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,981,270 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Riverside School Inc has recieved totaling $104.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $104 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Village Community School New York, NY | $70,966,980 | $22,510,782 |
Lycee International De Boston International School Of Boston Inc Cambridge, MA | $37,411,967 | $19,857,918 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Fenn School Inc Concord, MA | $99,819,486 | $20,241,981 |
Eugenio Maria De Hostos Charter School Rochester, NY | $9,947,408 | $17,341,158 |
Buckley Country Day School Roslyn, NY | $25,298,235 | $15,722,484 |
Dedham Country Day School Dedham, MA | $40,544,639 | $16,952,187 |
Big Apple Institute Inc Brooklyn, NY | $4,985,995 | $17,005,118 |
Shore Country Day School Beverly, MA | $51,799,692 | $17,689,477 |
Staten Island Academy Staten Island, NY | $26,680,386 | $12,340,572 |
North Shore Hebrew Academy Great Neck, NY | $11,166,763 | $13,215,052 |
Atmosphere Academy Public Charter Schools Bronx, NY | $2,710,401 | $13,886,209 |