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Riverside School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030282244 ✦ Lyndonville, VT ✦ Designated as a 501(c)(3)

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Overview

What is Riverside School Inc?

Riverside School Inc, located at 30 Lily Pond Road, Lyndonville, VT 05851, is a nonprofit organization dedicated to providing elementary education and extracurricular activities for students from Lyndon, Vermont, and its surrounding communities. Their mission is to foster active learners, patient leaders, and engaged citizens within a supportive community. With a team of 45 individuals, Riverside School Inc aims to create an environment that nurtures growth and development in its students, contributing positively to their overall learning experience.


Official website here: www.theriversideschool.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Riverside School Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and transparency. While the organization scored well in financial health metrics, such as a low liabilities to assets ratio and a high program expense ratio, it fell short in transparency measures, notably lacking financial statements and a whistleblower policy.

The organization demonstrates strong governance, with a fully independent board and appropriate documentation of board meeting minutes. However, the absence of critical policies and missing financial documentation on their website raise concerns regarding their operational transparency. The overall accountability and finance score of 73% reflects these mixed results, highlighting strengths in financial management but weaknesses in compliance and transparency practices.

In summary, while Riverside School Inc shows positive signs in financial management and governance, the need for improved transparency and accountability practices remains evident. Addressing these limitations could enhance stakeholder trust and support for the organization's mission.


This AI summary has been generated from information found on Charity Navigator.

Is Riverside School Inc legitimate?

Riverside School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,100,540

For more financial information, click here


Official website here: www.theriversideschool.org/

What is the mission statement of Riverside School Inc?

Riverside School Inc's mission is centered around fostering active learners, responsible leaders, and engaged citizens within a supportive community. The institution aims to nurture these qualities in its students, encouraging them to become well-rounded individuals. The school provides elementary education and various extracurricular activities, offering a holistic learning experience. By fostering these key traits, Riverside School Inc aims to prepare its students for their future roles in society.


Official website here: www.theriversideschool.org/

Who is the CEO of Riverside School Inc?

Eric Daffinrud is the Board Member of Riverside School Inc.


Official website here: www.theriversideschool.org/

What is the revenue of Riverside School Inc?

Riverside School Inc's revenue in 2023 was $1,965,511.


Official website here: www.theriversideschool.org/

Who are the executives of Riverside School Inc and what are their salaries?

The average compensation at Riverside School Inc during 2023 was $24,456. There are 45 employees and 30 volunteers at Riverside School Inc.


Here are 10 key members and their salaries:


Kim Behr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Daffinrud (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryn Hoffman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cath Kane (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kennedy (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Moore (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Newell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Polly Yerkes Rn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arcelie Reyes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karina Weiss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theriversideschool.org/

Where can I find the form 990 for Riverside School Inc?

Riverside School Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.theriversideschool.org/

Learn more at the official website: www.theriversideschool.org/

Mission Statement of Riverside School Inc

Riverside School Inc, a nonprofit organization, is dedicated to fostering active learners, patient leaders, and engaged citizens within a supportive community. Their mission is centered around providing elementary education and extracurricular activities for students not only from Lyndon, VT, but also from surrounding towns. By nurturing an environment that encourages active learning, Riverside School Inc aims to develop well-rounded individuals who possess leadership qualities and a strong sense of community engagement.

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Impact




July, 2024

Riverside School Inc's impact is evident in the development of active learners, patient leaders, and engaged citizens in a supportive community. Through its focus on providing elementary education and extracurricular activities for students from Lyndon, VT, and surrounding towns, Riverside School Inc is actively shaping the future generation. These efforts not only contribute to the academic growth of the students but also instill important values such as leadership, patience, and community engagement. The school's mission to develop well-rounded individuals who are equipped to make positive contributions to society aligns with its overarching goal of fostering a supportive and enriching educational environment in Lyndonville, VT.




This information is meant to be a general summary of Riverside 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.

Revenue
$1,965,511 (2023)
Expenses
$1,747,812 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $959
  • Program Service Revenue: $1,850,644
  • Gross Receipts: $1,986,742

Assets and Liabilities:

  • Total Assets: $3,099,894
  • Total Liabilities: $642,279
  • Net Assets: $2,457,615

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$1,846,375

ACTIVITIES FEES

Revenue

$4,269

Organization Details

Founding Year

1981

Principal Officer

Eric Daffinrud

Main Address

30 LILY POND ROAD, LYNDONVILLE, VT, 05851

NTEE Category

Code: B24Z - Education

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