Riverside School Inc is located in Sacramento, CA. The organization was established in 2016. 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 06/2021, Riverside School Inc employed 68 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 06/2021, Riverside School Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $3.4m during the year ending 06/2021. While expenses have increased by 11.2% per year over the past 5 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
PRIVATE SCHOOL FOR AGE 2-8TH GRADE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE INCEPTION OF SCHOOL ACTIVITY, 10/14/16, THE SCHOOL HAS SERVED APPROXIMATELY 180 ELEMENTARY STUDENTS AND 50 PRESCHOOL CHILDREN ON A DAILY SCHOOL DAY BASIS. THE ELEMENTARY SCHOOL YEAR IS 180 DAYS AND THE PRESCHOOL YEAR IS APPROX. 225 DAYS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Sittner President | OfficerTrustee | 2 | $0 |
Brian Challis Secretary | OfficerTrustee | 2 | $0 |
Richard Clegg Treasurer | OfficerTrustee | 2 | $0 |
David Simmons Board Member | Trustee | 2 | $0 |
Tyler Ellis Board Member | Trustee | 2 | $0 |
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 | $9,953 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,953 |
Total Program Service Revenue | $3,036,038 |
Investment income | $116 |
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 | $3,046,107 |
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 | $1,487,495 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $31,907 |
Payroll taxes | $154,437 |
Fees for services: Management | $0 |
Fees for services: Legal | $32,860 |
Fees for services: Accounting | $17,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,420 |
Advertising and promotion | $87,777 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $167,668 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $757,268 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $307,949 |
Insurance | $50,141 |
All other expenses | $0 |
Total functional expenses | $3,437,442 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $876,506 |
Savings and temporary cash investments | $10 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $79,707 |
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 | $10,239,318 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $11,195,541 |
Accounts payable and accrued expenses | $665,206 |
Grants payable | $0 |
Deferred revenue | $605,864 |
Tax-exempt bond liabilities | $10,960,410 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $364,748 |
Secured mortgages and notes payable | $685,923 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $13,282,151 |
Net assets without donor restrictions | -$2,086,610 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $11,195,541 |
Organization Name | Assets | Revenue |
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Childrens Day School Inc San Francisco, CA | $48,363,638 | $20,220,768 |
Great Valley Academy Modesto, CA | $24,077,962 | $19,349,620 |
San Francisco Day School San Francisco, CA | $90,241,572 | $23,860,788 |
Dr Miriam And Sheldon G Adelson Educational Institute Las Vegas, NV | $45,249,882 | $16,559,222 |
Synapse School Menlo Park, CA | $20,691,097 | $17,078,899 |
Mark Day School San Rafael, CA | $46,409,583 | $18,444,024 |
Hillbrook School Los Gatos, CA | $32,644,985 | $20,493,868 |
Heights Christian Schools La Habra Heights, CA | $13,507,090 | $16,795,259 |
Griffin Technology Academies Vallejo, CA | $23,322,546 | $19,613,805 |
Valley Christian School System Cerritos, CA | $15,496,227 | $17,847,318 |
Redlands Christian School Redlands, CA | $36,719,487 | $19,631,459 |
John Thomas Dye School Los Angeles, CA | $79,181,916 | $17,060,481 |