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River Valley Charter School Foundation Inc

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

EIN: 043462020 ✦ Newburyport, MA ✦ Designated as a 501(c)(3)

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Overview

What is River Valley Charter School Foundation Inc?

River Valley Charter School Foundation Inc is a nonprofit organization situated in Newburyport, Massachusetts, specifically at 2 Perry Way. Their primary mission is to manage and allocate funds on behalf of the River Valley Charter School. This role encompasses raising funds, distributing them, and ensuring their responsible usage for the school's benefit. This nonprofit's activities are geared towards supporting the educational needs of the River Valley Charter School, contributing to its overall growth and success.

Is River Valley Charter School Foundation Inc legitimate?

River Valley Charter School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. River Valley Charter School Foundation 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: $0

For more financial information, click here

What is the mission statement of River Valley Charter School Foundation Inc?

The River Valley Charter School Foundation Inc's mission is centered around raising, distributing, and managing funds on behalf of the River Valley Charter School. Their primary goal is to support the educational institution financially and ensure its resources are utilized effectively. This mission is crucial in providing a conducive learning environment for the students at the River Valley Charter School. The foundation plays a vital role in securing funds, allocating them wisely, and overseeing their utilization, thereby contributing to the school's overall success.

Who is the CEO of River Valley Charter School Foundation Inc?

Scott Macdonald is the President of River Valley Charter School Foundation Inc.

What is the revenue of River Valley Charter School Foundation Inc?

River Valley Charter School Foundation Inc's revenue in 2022 was $425,787.

Who are the executives of River Valley Charter School Foundation Inc and what are their salaries?

There 20 volunteers at River Valley Charter School Foundation Inc.


Here are 6 key members and their salaries:


Scott Macdonald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Tramontana (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Moynihan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lydia Pollard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Getz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Stinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for River Valley Charter School Foundation Inc?

River Valley Charter School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of River Valley Charter School Foundation Inc

River Valley Charter School Foundation Inc is dedicated to raising, distributing, and stewardship of funds on behalf of the River Valley Charter School. This nonprofit organization plays a crucial role in supporting the educational institution by managing and allocating financial resources effectively. By doing so, River Valley Charter School Foundation Inc contributes to the overall wellbeing and success of the River Valley Charter School. The foundation's mission is to ensure that the school has the necessary financial support to provide quality education and resources for its students.

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Impact




October, 2024

River Valley Charter School Foundation Inc plays a vital role in enhancing the educational landscape of the River Valley Charter School by raising, distributing, and stewarding essential funds. This financial support enables the school to provide high-quality educational experiences, resources, and opportunities for its students. By securing the necessary funding, the foundation ensures that the school can thrive and continue to foster a rich learning environment in Newburyport, MA. Their commitment to philanthropy helps bridge the gap in public funding, allowing for innovative programs and initiatives that directly benefit the student body and the broader community.




This information is meant to be a general summary of River Valley Charter School Foundation 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
$425,787 (2022)
Expenses
$335,826 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,908
  • Program Service Revenue: $253,687
  • Gross Receipts: $555,061

Assets and Liabilities:

  • Total Assets: $6,565,111
  • Total Liabilities: $5,933,604
  • Net Assets: $631,507

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Programs

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

RENTAL INCOME

Revenue

$137,558

LEASE INTEREST

Revenue

$116,129

Organization Details

Founding Year

2003

Principal Officer

Scott Macdonald

Main Address

2 PERRY WAY, NEWBURYPORT, MA, 01950

NTEE Category

Code: T11 - Philanthropy

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