Riverbend School Inc

Organization Overview

Riverbend School Inc is located in Natick, MA. The organization was established in 1971. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Riverbend School Inc employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverbend 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 06/2021, Riverbend School Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $4.6m during the year ending 06/2021. While expenses have increased by 2.4% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

A COLLABORATIVE MONTESSORI ENVIRONMENT THAT DEVELOPS SELF-MOTIVATED, INDEPENDENT LEARNERS BY INTEGRATING ACADEMIC EXCELLENCE AND A RESPECTFUL SOCIAL COMMUNITY THAT RESULTS IN CONFIDENCE AND LIFELONG ACHIEVEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RIVERBEND SCHOOL PROVIDES EDUCATIONAL SERVICES TO APPROXIMATELY 200 CHILDREN ANNUALLY FROM PRE-SCHOOL TO GRADE EIGHT. AT RIVERBEND, WE BELIEVE THAT DEEP LEARNING HAPPENS WITHIN A COLLABORATIVE COMMUNITY BUILT UPON MUTUAL RESPECT. OUR MONTESSORI APPROACH AND LOW STUDENT-TO-TEACHER RATIOS ALLOW OUR HIGHLY-TRAINED TEACHERS TO FOLLOW EACH CHILD BY DEVELOPING PERSONALIZED LEARNING PLANS WHILE ALSO NURTURING A STRONG SENSE OF COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Whitney Slade
Head Of Scho
$211,679
Donna Strouse
CFO
$128,710
Grace Yannakakis
Asst Head Of
$110,253
Lynn Shevory
Dir Of Enrol
$103,659
Shana Salzano
Chair
$0
Miguel Camargo
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ce Floyd Company Inc
Construction
$4,743,781
Piatt Associates Inc
Architect
$162,772
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$997,829
Investment income $1,732
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $16,696
Net Gain/Loss on Asset Sales -$7,624
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,470,805

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Riverbend School Inc has recieved totaling $2,996.

Awarding OrganizationAmount
Fidelity Foundation

Boston, MA

PURPOSE: MATCHING GIFTS TO EDUCATION

$2,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$621
Ford Foundation

New York, NY

PURPOSE: MATCHING GIFT

$375
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$50,000
Other Expense$50,000

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