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Riverside Science Inc

Broward Math & Science Schools

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

EIN: 261453559 ✦ Margate, FL ✦ Designated as a 501(c)(3)

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Overview

What is Riverside Science Inc?

Riverside Science Inc, based in Florida, is a charter school organization situated in Margate, Broward County. Their primary objective is to oversee the operation of a charter school within the Broward County area, as stated in their mission. While specific details about their initiatives, research, or global reach are not provided, their focus remains on providing educational opportunities within the local community.


Official website here: www.bmsschools.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star rating

Riverside Science Inc has received a Three-Star rating from Charity Navigator, indicating a relatively solid performance in terms of accountability and finance. The score is derived entirely from their accountability metrics, where they excel in aspects such as having 100% independent board members and effective financial oversight. Their commitment to transparency is demonstrated through policies listed on their website and proper documentation of board meetings.

However, the organization does have some limitations, particularly regarding financial ratios. While their program expense ratio is commendable at 94.51%, they scored zero points for their liabilities to assets ratio, which stands at 69.45%. This indicates potential financial concerns that could affect their long-term stability and fundraising capabilities.

Overall, Riverside Science Inc presents strengths in governance and programmatic expenditure but may need to address its financial ratios to improve its overall rating and public perception. The missing whistleblower policy could also be a point of concern for transparency and employee protection within the organization.


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

Is Riverside Science Inc legitimate?

Riverside Science Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Science 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


Official website here: www.bmsschools.org

What is the mission statement of Riverside Science Inc?

Riverside Science Inc, through its charter school, Broward Math and Science Schools, is committed to operating a school in Broward County, Florida. The institution's mission is to provide educational services, specifically focusing on mathematics and science, with the aim of fostering an engaging and enriching learning environment for its students. By operating a charter school, Riverside Science Inc seeks to contribute to the broader educational landscape, offering students in Broward County an alternative academic option that emphasizes these two critical fields of study.


Official website here: www.bmsschools.org

Who is the CEO of Riverside Science Inc?

Marcos Regalado is the President of Riverside Science Inc.


Official website here: www.bmsschools.org

What is the revenue of Riverside Science Inc?

Riverside Science Inc's revenue in 2022 was $2,567,999.


Official website here: www.bmsschools.org

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

There are 58 employees and 10 volunteers at Riverside Science Inc.


Here are 5 key members and their salaries:


Marcos Regalado (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rasim Cinar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suleyman Alptekin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ferhat Akiskali (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meting Gunes (Principal)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bmsschools.org

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

Riverside Science Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bmsschools.org

Learn more at the official website: www.bmsschools.org

Mission Statement of Riverside Science Inc

Riverside Science Inc, as per its mission, aims to oversee the operation of a charter school within Broward County, Florida. This mission is embodied in the Broward Math and Science Schools, a charter institution located in Margate, FL. The primary objective of this charter school, under the auspices of Riverside Science Inc, is to provide educational services in the field of mathematics and science.

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Impact




October, 2024

Riverside Science Inc plays a significant role in enhancing educational opportunities in Broward County, FL, by operating the Broward Math and Science Schools in Margate. This charter school is dedicated to providing quality education and fostering a strong foundation in math and science for its students. Through its curriculum, the school aims to equip learners with critical thinking skills and a solid understanding of scientific principles, preparing them for future academic and professional endeavors.

The impact of Riverside Science Inc extends beyond the classroom; it contributes to the overall improvement of educational standards in the community. By focusing on specialized areas of study, the school cultivates a learning environment that encourages curiosity and innovation. This emphasis not only enhances student engagement but also addresses the growing demand for skilled professionals in STEM fields.

In addition, Riverside Science Inc fosters community involvement and partnerships, creating a network of support for students and families. This collaborative approach helps to bridge gaps in education and creates a more inclusive atmosphere for diverse learners. Overall, Riverside Science Inc is instrumental in shaping the educational landscape of Broward County, promoting excellence and empowering students to achieve their full potential.




This information is meant to be a general summary of Riverside Science 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
$2,567,999 (2022)
Expenses
$2,603,363 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,532,632
  • Gross Receipts: $2,567,999

Assets and Liabilities:

  • Total Assets: $2,327,080
  • Total Liabilities: $1,663,043
  • Net Assets: $664,037

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Programs

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

FTE - PER STUDENT FUNDING

Revenue

$2,294,478

STUDENT LUNCHES

Revenue

$11,583

BEFORE/AFTER CARE

Revenue

$51,498

FDERAL FUNDING

Revenue

$175,073

Organization Details

Founding Year

2008

Principal Officer

Marcos Regalado

Main Address

6101 NW 31ST ST, MARGATE, FL, 33063

NTEE Category

Code: B29 - Education

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