Overview
What is River Vale Educational Fund Inc?
River Vale Educational Fund Inc is a nonprofit organization based in Woodcliff Lake, New Jersey. Initially established to oversee the A.C.E. Before and After School Program, the organization now aims to provide supplementary funding to enhance the District's commitment to educational excellence. With a workforce of 67 employees, River Vale Educational Fund Inc offers privately-raised, non-tax dollar financing to ensure that the school district can deliver top-tier educational experiences for every student. The organization operates independently of the Board of Education and is dedicated to enriching the school district's resources, fostering a supportive environment for students before and after school hours.
Official website here: www.rvedfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
River Vale Educational Fund Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization’s overall score is based entirely on its exceptional performance in these areas, indicating a transparent and well-managed financial structure.
The nonprofit boasts a fully independent board, contributing to its high marks in governance. With no material diversion of assets reported and robust policies in place for conflict of interest, whistleblowing, and document retention, the organization demonstrates a high level of integrity. Additionally, a strong program expense ratio of 92.68% suggests that the majority of its resources are directed towards its mission, effectively serving its intended purpose.
While the data highlights numerous strengths, it does not provide specific insights into the organization's programmatic impact or community feedback. Therefore, while the financial metrics are commendable, potential donors or supporters might seek additional information on the effectiveness of its programs and overall community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is River Vale Educational Fund Inc legitimate?
River Vale Educational Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. River Vale Educational Fund 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: $728,303
For more financial information, click here
Official website here: www.rvedfund.org
What is the mission statement of River Vale Educational Fund Inc?
The River Vale Educational Fund Inc, operating independently from the Board of Education, aims to provide supplementary funding. This nonprofit organization's goal is to support the school district's commitment to excellence, ensuring each student receives top-tier educational experiences. By raising privately sourced, non-tax dollars, the River Vale Educational Fund assists in guaranteeing that the necessary resources are available for the school district to deliver exceptional educational experiences.
Official website here: www.rvedfund.org
What is the revenue of River Vale Educational Fund Inc?
River Vale Educational Fund Inc's revenue in 2024 was $1,592,294.
Official website here: www.rvedfund.org
Who are the executives of River Vale Educational Fund Inc and what are their salaries?
The average compensation at River Vale Educational Fund Inc during 2024 was $8,991. There are 81 employees and 9 volunteers at River Vale Educational Fund Inc.
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Official website here: www.rvedfund.org
Where can I find the form 990 for River Vale Educational Fund Inc?
River Vale Educational Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rvedfund.org
Learn more at the official website: www.rvedfund.org
Mission Statement of River Vale Educational Fund Inc
The River Vale Educational Fund, a nonprofit organization, operates independently of the Board of Education. Its primary mission is to provide supplementary funding, raising non-tax dollars privately. This initiative is aimed at upholding the district's commitment to excellence, ensuring that the school district can deliver superior educational experiences for every student. By offering additional financial support, the River Vale Educational Fund plays a crucial role in enhancing the quality of education and striving for the best possible outcomes for each student in the district.
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Impact
July, 2024
River Vale Educational Fund Inc's impact lies in its commitment to providing supplementary funding to maintain the district's commitment to excellence in education. By providing privately-raised, non-tax dollar financing, the organization ensures that the school district can offer the finest educational experiences for each and every student. Through initiatives like the A.C.E. Before and After School Program, which offers a caring and nurturing environment for students outside regular school hours, River Vale Educational Fund Inc contributes to the well-being and educational development of the community's children.
This information is meant to be a general summary of River Vale Educational Fund 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: $67,022
- Program Service Revenue: $1,525,272
- Gross Receipts: $1,592,294
Assets and Liabilities:
- Total Assets: $2,122,346
- Total Liabilities: $311,317
- Net Assets: $1,811,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BEFORE AND AFTER CARE
Revenue
$1,525,272
Organization Details
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