Overview
What is Riley School Inc?
Riley School Inc, located in Rockport, Maine, is a nonprofit organization dedicated to providing elementary school education for students from grades K to 8. The institution also offers preschool programs and summer enrichment activities. During the 2021-2022 academic year, Riley School Inc had 64 full-time students, with 22 receiving reduced or waived tuition. The mission of Riley School Inc is to support the cognitive, emotional, and social growth of young children and adolescents, emphasizing self-worth as the foundation for academic achievement, creativity, personal happiness, discipline, and community service. The school fosters collaboration, recognizes individual talents, and strives for responsibility towards the natural environment. With an educational setting that provides appropriate adult role models and a secure, loving atmosphere, Riley School Inc creates a learning environment tailored to its mission, focusing on academics, stimulation, self-discipline, and responsibility. The organization has a team of 23 employees committed to this purpose.
Official website here: www.rileyschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Riley School Inc holds a two-star rating from Charity Navigator, indicating a need for improvement despite achieving a score of 70%. The nonprofit excels in areas such as accountability and finance, scoring a perfect 100% in this category. The organization demonstrates strong governance with all board members being independent, which is a positive indicator of its operational integrity.
However, there are notable gaps in policy documentation that affect its overall rating. Specifically, the absence of a whistleblower policy and a document retention policy detracts from the organization's compliance and transparency standards. Additionally, critical documents such as the tax form are not available on the nonprofit's website, which could hinder potential donors' ability to assess its financial health adequately.
While the program expense ratio is commendable at over 81%, highlighting effective use of resources for its programs, the liabilities to assets ratio of 53.80% suggests there may be financial management areas that require attention. This combination of strengths and weaknesses illustrates a nonprofit with a strong potential for community impact but needing to address key administrative and transparency issues to enhance trust and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Riley School Inc legitimate?
Riley School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riley School Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $69,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $521,762
For more financial information, click here
Official website here: www.rileyschool.com
What is the mission statement of Riley School Inc?
Riley School Inc's mission is centered around supporting the growth and development of young children and adolescents during their formative years. The school believes in the importance of self-worth as a catalyst for academic achievement, creative expression, personal happiness, discipline, and community service. Riley School advocates for collaboration and helping others, recognizing and valuing each individual's unique talents and gifts. They strive to foster a responsibility towards the natural environment and aim to promote these goals within an educational setting that provides appropriate adult role models and a secure, nurturing atmosphere for learning. Each year, Riley School creates an educational environment commensurate with its mission, focusing on academic challenges and success, a stimulating educational environment, self-discipline, and responsibility.
Official website here: www.rileyschool.com
What is the revenue of Riley School Inc?
Riley School Inc's revenue in 2024 was $952,694.
Official website here: www.rileyschool.com
Who are the executives of Riley School Inc and what are their salaries?
The average compensation at Riley School Inc during 2024 was $34,780. There are 17 employees and 35 volunteers at Riley School Inc.
Here are 6 key members and their salaries:
- Compensation: $65,000
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.rileyschool.com
Where can I find the form 990 for Riley School Inc?
Riley School Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rileyschool.com
Learn more at the official website: www.rileyschool.com
Mission Statement of Riley School Inc
Riley School Inc, a nonprofit organization, is dedicated to supporting the growth and development of young children and adolescents during their formative years. The school believes that self-worth is the foundation for success in academic achievement, creative expression, personal happiness, discipline, and community service. Riley School advocates for collaboration and helping others, recognizing and valuing each individual's unique abilities and talents. The institution fosters a sense of responsibility towards the natural environment and strives to promote these goals within an educational setting that provides appropriate adult role models and a secure, loving atmosphere for learning. Each year, Riley School creates a learning environment aligned with its mission, encompassing academic challenges and success, a stimulating educational environment, and the cultivation of self-discipline and responsibility.
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Impact
July, 2024
Riley School Inc's impact can be seen in the way it supports young children and adolescents during their crucial years of cognitive, emotional, and social development. By emphasizing self-worth as the foundation for success in various aspects of life, including academic achievement, creative expression, personal happiness, discipline, and community service, Riley School is shaping individuals who are not only academically successful but also socially responsible. They provide a nurturing and secure learning environment that fosters collaboration, helps children recognize their unique talents, instills a sense of responsibility towards the environment, and promotes values such as self-discipline and responsibility. Through their educational programs for grades K-8, preschool, and summer enrichment, Riley School is making a significant impact on the lives of its students, preparing them to become well-rounded individuals who can contribute positively to their communities.
This information is meant to be a general summary of Riley School Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $161
- Program Service Revenue: $628,896
- Gross Receipts: $983,032
Assets and Liabilities:
- Total Assets: $925,188
- Total Liabilities: $387,918
- Net Assets: $537,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$628,896
Organization Details
Founding Year
1972
Principal Officer
Whitney Wing Oppersdorff
Website
www.rileyschool.comNTEE Category
Code: B24Z - Education
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