Overview
What is River Mill Academy?
River Mill Academy is a publicly chartered school situated in Graham, North Carolina, with a physical address at 235 Cheeks Lane. It serves approximately 770 students from kindergarten to twelfth grade. As a nonprofit organization, its primary mission is to operate this North Carolina public charter school, providing educational services to the community. With a workforce of 83 dedicated individuals, River Mill Academy contributes to the local educational landscape, contributing to the growth and development of its students.
Official website here: www.rivermill-academy.org
What are the reviews and ratings of this charity?
**Rating: Needs Improvement (Charity Navigator)**
River Mill Academy has received a Two-Star out of Four Star rating on Charity Navigator, indicating a need for improvement with an overall score of 73%. This rating is largely based on strong marks in Accountability & Finance, where the organization scored 100% for independent board members and effective financial oversight. However, several key areas, such as Leadership & Adaptability and Impact & Measurement, have not been scored, indicating gaps in evaluation.
While the academy demonstrates solid policies regarding conflict of interest and oversight, it notably lacks a whistleblower policy and proper document retention practices. Additionally, the liabilities to assets ratio raised concerns, resulting in a lower score. The organization’s fiscal health appears stable based on the program expense ratio being above average, suggesting a commitment to its mission despite some financial governance issues.
User reviews from GreatNonprofits were not available for analysis; however, the organization's current rating suggests that stakeholders might be looking for improvements in leadership and impact measurement. Potential donors and supporters may want to consider these aspects when evaluating their engagement with River Mill Academy.
This AI summary has been generated from information found on Charity Navigator.
Is River Mill Academy legitimate?
River Mill Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. River Mill Academy 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: $132,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,487,725
For more financial information, click here
Official website here: www.rivermill-academy.org
What is the mission statement of River Mill Academy?
River Mill Academy's primary mission is centered around operating a North Carolina public charter school. This mission encompasses providing educational services to approximately 770 students from kindergarten to twelfth grade, as evidenced by its operational activities. The academy's purpose is to serve its student body throughout their academic journey, striving to contribute positively to their overall development. While the provided information does not disclose explicit goals or values, it can be inferred that the academy is dedicated to providing quality education within the charter school system.
Official website here: www.rivermill-academy.org
Who is the CEO of River Mill Academy?
Brent Smith is the Chairman of River Mill Academy.
Official website here: www.rivermill-academy.org
What is the revenue of River Mill Academy?
River Mill Academy's revenue in 2022 was $8,126,741.
Official website here: www.rivermill-academy.org
Who are the executives of River Mill Academy and what are their salaries?
The average compensation at River Mill Academy during 2022 was $43,618. There are 83 employees and 9 volunteers at River Mill Academy.
Here are 10 key members and their salaries:
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- Compensation: $132,576
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Official website here: www.rivermill-academy.org
Where can I find the form 990 for River Mill Academy?
River Mill Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rivermill-academy.org
Learn more at the official website: www.rivermill-academy.org
Mission Statement of River Mill Academy
River Mill Academy, a North Carolina public charter school, is dedicated to its mission. This mission involves operating a learning environment that serves approximately 770 students from kindergarten through twelfth grade. The school strives to provide a well-rounded education for its students, covering the entire spectrum from primary to high school education. The fiscal year ending on June 30, 2022, saw River Mill Academy in action, fulfilling its commitment to education.
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Impact
October, 2024
River Mill Academy serves approximately 770 students in grades kindergarten through twelve, providing a crucial educational foundation in Graham, North Carolina. By operating as a public charter school, it fosters an environment that emphasizes innovative teaching methods and personalized learning experiences tailored to meet the diverse needs of its student body. The academy's commitment to quality education not only enhances academic achievement but also nurtures the overall development of its students, equipping them with the skills and knowledge necessary for future success. Through its mission, River Mill Academy plays a vital role in the local community, contributing to educational advancement and the cultivation of future leaders.
This information is meant to be a general summary of River Mill Academy. 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 2022.
- Program Service Revenue: $7,535,501
- Gross Receipts: $8,126,741
Assets and Liabilities:
- Total Assets: $12,915,784
- Total Liabilities: $11,184,448
- Net Assets: $1,731,336
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE OF NC
Revenue
$5,556,688
COUNTY APPROPRIATIONS
Revenue
$1,483,567
SCHOOL PROGRAMS & ACTIVITIES
Revenue
$189,179
CHILD CARE SERVICES
Revenue
$163,717
LUNCH REVENUE
Revenue
$142,350
Organization Details
Founding Year
2004
Phone
(336) 229-0909Principal Officer
Brent Smith
Main Address
235 CHEEKS LANE, GRAHAM, NC, 27253
Website
www.rivermill-academy.orgNTEE Category
Code: B29 - Education
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