River Ridge Learning Center Inc
- Assets
- $1.2m
- Revenue
- $785.1k
- Investments
- $0.0
- Employees
- 27
- Location
- Jeffersonville, IN
- Founding
- Data as of
- 12/2023
- EIN
- 84-4589360
Organization Overview
River Ridge Learning Center Inc is located in Jeffersonville, IN. 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 12/2023, River Ridge Learning Center Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Ridge Learning Center 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 12/2023, River Ridge Learning Center Inc generated $785.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 67.3% each year . All expenses for the organization totaled $840.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RIVER RIDGE LEARNING CENTER, INC. FOCUSES ON CHILDCARE AND EARLY CHILDHOOD LEARNING. RRCL INTENDS TO OPERATE AN EARLY CHILDHOOD LEARNING PROGRAM AND ITS INTENT FOR THIS PROGRAM IS TO BECOME A NATIONAL MODEL OF EXCELLENCE AND EARN NATIONAL ASSOCIATION OF EDUCATION OF YOUNG CHILDREN ACCREDITATION WITHIN THE FIRST YEAR OF OPERATION. THE CURRICULUM WILL EXPLORE LEARNING EXPERIENCES OF STEM, THE CREATIVE ARTS, AND SOCIAL-EMOTIONAL DEVELOPMENT. RRCL ANTICIPATES WORKING WITH EMPLOYERS IN THE AREA TO PROMOTE THE AVAILABILITY OF THE CHILDCARE BENEFIT AND THE STABILITY IT PROVIDES EMPLOYEES IN JOINING THE WORKFORCE. IT ALLOWS EMPLOYEES TO MAINTAIN EMPLOYMENT RESULTING IN A REDUCTION IN ABSENTEEISM WHILE ENHANCING THE PROFESSIONAL DEVELOPMENT OF THE EMPLOYEES. THE CHILDCARE PROGRAM WILL SERVE CHILDREN FROM 5 MONTHS OLD TO 6 YEARS OF AGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY AT RIVER RIDGE PROVIDES AN EXTRAORDINARY, PROGRESSIVE EARLY CHILDHOOD EDUCATION WHERE YOUNG CHILDREN SPARK AND CULTIVATE THEIR NATURAL CURIOSITY AND LIFELONG LOVE FOR LEARNING. WE UTILIZE AN EMERGENT CURRICULUM, WITH A PROJECT AND PLAY-BASED APPROACH. ADDITIONALLY, WE UTILIZE LEADING RESEARCH-BASED CURRICULA AS RESOURCES FOR PROVOCATION AND INSPIRATION OF OUR STUDIES. OUR CURRICULUM IS DEVELOPMENTALLY-APPROPRIATE, AND RICH IN LITERACY, MATHEMATICS, SCIENCE, SOCIAL-EMOTIONAL SKILLS AND THE CREATIVE ARTS. WITH OUR APPROACH, CHILDREN DEVELOP THEIR EXECUTIVE FUNCTION SKILLS, WHICH WILL PREPARE THEM FOR KINDERGARTEN AND LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Karp Director | Trustee | 1 | $0 |
Lyn Longmeyer Director | Trustee | 1 | $0 |
Robert Blair Director | Trustee | 1 | $0 |
J Mark Robinson Director | Trustee | 1 | $0 |
Irene Karp Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,253 |
| All other contributions, gifts, grants, and similar amounts not included above | $385,064 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $396,317 |
| Total Program Service Revenue | $388,541 |
| Investment income | $220 |
| 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 | $785,078 |
| 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 | $489,380 |
| Pension plan accruals and contributions | $5,168 |
| Other employee benefits | $84,613 |
| Payroll taxes | $41,359 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,125 |
| 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 | $0 |
| Advertising and promotion | $1,189 |
| Office expenses | $619 |
| Information technology | $3,493 |
| Royalties | $0 |
| Occupancy | $60,016 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,509 |
| Insurance | $6,113 |
| All other expenses | $6,188 |
| Total functional expenses | $839,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,806 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,172,205 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,211,011 |
| Accounts payable and accrued expenses | $1,691 |
| 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 | $1,691 |
| Net assets without donor restrictions | $0 |
| 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 | $1,209,320 |
| Total liabilities and net assets/fund balances | $1,211,011 |