Riverstone Community School Inc
- Assets
- $21.0m
- Revenue
- $8.7m
- Investments
- $4.0m
- Employees
- 146
- Location
- Boise, ID
- Founding
- 07/1997
- Data as of
- 06/2022
- EIN
- 84-1373475
Organization Overview
Riverstone Community School Inc is located in Boise, ID. The organization was established in 1997. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Riverstone Community School Inc employed 146 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverstone Community 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 06/2022, Riverstone Community School Inc generated $8.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $7.7m during the year ending 06/2022. While expenses have increased by 6.6% 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
AN INDEPENDENT SCHOOL OFFERING EDUCATION BASED ON THE INTERNATIONAL BACCALAUREATE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE SCHOOLING PROGRAM DEDICATED TO ACADEMIC EXCELLENCE AND GROWTH OF ITS STUDENTS; APPROXIMATELY 367 STUDENTS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Mahoney Chairman & President | OfficerTrustee | 6 | $0 |
Raino Zoller Vice Chairman | OfficerTrustee | 1 | $0 |
Brooke Brourman Secretary | OfficerTrustee | 2 | $0 |
Scott Peterson Treasurer | OfficerTrustee | 5 | $0 |
Darci Barnes Trustee | Trustee | 1 | $0 |
Rachel Bergmann Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $79,425 |
| Related organizations | $0 |
| Government grants | $1,300,514 |
| All other contributions, gifts, grants, and similar amounts not included above | $275,165 |
| Noncash contributions included in lines 1a–1f | $50,804 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,655,104 |
| Total Program Service Revenue | $6,955,605 |
| Investment income | $168,779 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$149,778 |
| Net Income from Fundraising Events | $55,212 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,692,551 |
| 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. | $232,788 |
| Compensation of current officers, directors, key employees. | $46,638 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,786,274 |
| Pension plan accruals and contributions | $116,506 |
| Other employee benefits | $396,527 |
| Payroll taxes | $309,030 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $65,575 |
| Fees for services: Accounting | $14,787 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,467 |
| Fees for services: Other | $5,697 |
| Advertising and promotion | $78,454 |
| Office expenses | $40,497 |
| Information technology | $108,296 |
| Royalties | $0 |
| Occupancy | $740,625 |
| Travel | $61,857 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $355,056 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $295,149 |
| Insurance | $0 |
| All other expenses | $103,893 |
| Total functional expenses | $7,706,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,410,796 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $455 |
| Accounts receivable, net | $819,508 |
| 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 | $166,661 |
| Net Land, buildings, and equipment | $13,566,907 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,026,696 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,991,023 |
| Accounts payable and accrued expenses | $958,095 |
| Grants payable | $0 |
| Deferred revenue | $552,855 |
| Tax-exempt bond liabilities | $9,938,368 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,764,411 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,213,729 |
| Net assets without donor restrictions | $5,483,035 |
| Net assets with donor restrictions | $2,294,259 |
| 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 | $20,991,023 |