Rivertree Academy Inc
- Assets
- $4.6m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 56
- Location
- Fort Worth, TX
- Founding
- 11/2011
- Data as of
- 07/2021
- EIN
- 45-2668753
Organization Overview
Rivertree Academy Inc is located in Fort Worth, TX. The organization was established in 2011. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 07/2021, Rivertree Academy Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rivertree Academy 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 07/2021, Rivertree Academy Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $2.2m during the year ending 07/2021. While expenses have increased by 15.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ACADEMY IS A PRIVATE CHRISTIAN SCHOOL, PRE-K THROUGH 5TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RIVERTREE ACADEMY SERVES STUDENTS LIVING PRIMARILY IN THE LAKE COMO NEIGHBORHOOD OF FORT WORTH, TEXAS AND APPROACHES PROVIDING AN EXCELLENT CHRISTIAN EDUCATION WITH A FOCUS OF THE WHOLE CHILD - SPIRITUAL, ACADEMIC, AND SOCIAL NEEDS. WE'VE BUILT OUR SCHOOL ON A FOUNDATION OF ACADEMIC (SMALL CLASSROOM SIZES WITH INDIVIDUALIZED ATTENTION; CURRICULUM THAT GOES BEYOND THE BASIC CORE SUBJECTS) AND SOCIAL (TRAUMA-INFORMED CARE; MENTORING; BEHAVIOR MANAGEMENT PROGRAM) DISTINCTIVES, SETTING RIVERTREE ACADEMY APART FROM OTHER LOCAL SCHOOLS. WITH AN EXTENDED DAY PROGRAM, FREE MEALS, TRANSPORTATION AND FAMILY ENGAGEMENT PROGRAMS, WE SERVE THE WHOLE CHILD AND THEIR FAMILY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justina Jenkins Head Of School | Officer | 40 | $114,222 |
Jessica Tetirick Director Of Finance | Officer | 40 | $79,461 |
Dr Randy Brown Founder | OfficerTrustee | 5 | $0 |
Paige Pate Vice Chair | OfficerTrustee | 10 | $0 |
Brooks Mccabe Finance Chair (since June 2021) | OfficerTrustee | 10 | $0 |
Pete Chambers Chair | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $453,108 |
| Related organizations | $0 |
| Government grants | $44,410 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,297,318 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,794,836 |
| Total Program Service Revenue | $1,121 |
| Investment income | $151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,473 |
| Net Gain/Loss on Asset Sales | $42,019 |
| Net Income from Fundraising Events | -$44,848 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,874,255 |
| 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. | $193,683 |
| Compensation of current officers, directors, key employees. | $104,904 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,067,717 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $121,246 |
| Payroll taxes | $84,491 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,628 |
| Advertising and promotion | $0 |
| Office expenses | $33,689 |
| Information technology | $30,440 |
| Royalties | $0 |
| Occupancy | $226,492 |
| Travel | $12,589 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $791 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $107,202 |
| Insurance | $23,967 |
| All other expenses | $20,688 |
| Total functional expenses | $2,154,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $615,901 |
| Savings and temporary cash investments | $2,513,561 |
| Pledges and grants receivable | $78,476 |
| Accounts receivable, net | $0 |
| 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 | $72,760 |
| Net Land, buildings, and equipment | $1,364,313 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,645,011 |
| Accounts payable and accrued expenses | $53,611 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $53,611 |
| Net assets without donor restrictions | $4,478,559 |
| Net assets with donor restrictions | $112,841 |
| 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 | $4,645,011 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rivertree Academy Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Amazing Grace Life Dallas, TX PURPOSE: EDUCATION | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tulsa Educare Inc Tulsa, OK | $26,958,930 | $20,318,102 |
Cityscape Schools Inc Dallas, TX | $31,786,183 | $16,269,782 |
Bcfs Education Services San Antonio, TX | $2,820,092 | $13,804,336 |
Momentous Institute Dallas, TX | $14,833,442 | $11,793,188 |
Ekhaya Youth Project New Orleans, LA | $903,085 | $13,654,605 |
Young Americans For Liberty Inc Austin, TX | $6,971,187 | $15,618,179 |
Stand For The Silent Inc Perkins, OK | $889,186 | $11,940,386 |
Camp War Eagle Inc Rogers, AR | $15,866,509 | $9,318,920 |
Kids Are First Carrizo Springs, TX | $3,476,023 | $8,458,663 |
Boys & Girls Club Of Central Texas Inc Killeen, TX | $2,385,650 | $6,347,689 |
Service Of Hope Entities Inc Dallas, TX | $479,458 | $4,643,726 |
Youth Bridge Properties Inc Fayetteville, AR | $0 | $256,554 |