Overview
What is Richmond Friends School Inc?
Richmond Friends School Inc, located at 607 WEST MAIN STREET, RICHMOND, IN 47374, is a nonprofit organization dedicated to offering a high-quality educational experience to approximately 90 students annually. The school operates for a minimum of 180 days during the academic year. Their mission is to foster an environment that nurtures each child's intellectual, emotional, creative, spiritual, and physical abilities, promoting their unique gifts within a supportive community. The school has a team of 50 employees committed to this cause.
Official website here: www.richmondfriendsschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Richmond Friends School Inc has achieved an impressive rating of 96%, reflecting a strong commitment to accountability and financial stewardship. This rating is derived solely from the organization's performance in the Accountability & Finance category, where it scored exceptionally well. The presence of a fully independent board and high scores in various governance policies demonstrate effective oversight and transparency.
The organization has also shown a solid financial health with excellent ratios, including a low liabilities-to-assets ratio of 6.35% and a program expense ratio of 86.87%. This indicates that a significant majority of funds are directed toward programs rather than administrative costs, which is a positive sign for potential donors seeking impact-driven nonprofits.
While the rating highlights several strengths, including a comprehensive set of governance policies, there is no specific feedback noted regarding program effectiveness or community impact. However, the strong financial practices and independent oversight suggest that Richmond Friends School Inc is well-managed and accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Richmond Friends School Inc legitimate?
Richmond Friends School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond Friends 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: $93,934
Professional Fundraising Fees: $0
Other Salaries and Wages: $383,584
For more financial information, click here
Official website here: www.richmondfriendsschool.org
What is the mission statement of Richmond Friends School Inc?
Richmond Friends School Inc is dedicated to providing a high-quality educational experience for each child, fostering an environment that nurtures their individual intellectual, emotional, creative, spiritual, and physical gifts. The school aims to create a community where these talents can flourish and grow. Their mission is to commit to this educational journey, ensuring that each child receives the necessary support to thrive. The school's environment is designed to nurture and develop each child's unique abilities, fostering a holistic approach to education.
Official website here: www.richmondfriendsschool.org
Who is the CEO of Richmond Friends School Inc?
Steven Cleaver is the Board of Richmond Friends School Inc.
Official website here: www.richmondfriendsschool.org
What is the revenue of Richmond Friends School Inc?
Richmond Friends School Inc's revenue in 2023 was $744,583.
Official website here: www.richmondfriendsschool.org
Who are the executives of Richmond Friends School Inc and what are their salaries?
The average compensation at Richmond Friends School Inc during 2023 was $9,550. There are 50 employees and 20 volunteers at Richmond Friends School Inc.
Here are 10 key members and their salaries:
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Official website here: www.richmondfriendsschool.org
Where can I find the form 990 for Richmond Friends School Inc?
Richmond Friends School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.richmondfriendsschool.org
Learn more at the official website: www.richmondfriendsschool.org
Mission Statement of Richmond Friends School Inc
Richmond Friends School Inc is dedicated to offering a top-notch educational experience that fosters the unique intellectual, emotional, creative, spiritual, and physical abilities of each child. By establishing an environment that nurtures these gifts, the school aims to cultivate a sense of community. The institution is committed to providing a comprehensive learning experience that caters to each child's individual needs. With approximately 90 students served annually, Richmond Friends School Inc strives to create a supportive learning atmosphere where every child can thrive.
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Impact
October, 2024
Richmond Friends School Inc significantly impacts its community by providing a quality educational experience that caters to the holistic development of each child. With a commitment to nurturing individual intellectual, emotional, creative, spiritual, and physical gifts, the school creates a supportive environment where approximately 90 students can thrive. This tailored approach to education fosters not only academic growth but also personal development, enabling children to explore their unique abilities within a strong community framework. By emphasizing a well-rounded education over a minimum of 180 academic days each year, Richmond Friends School plays a vital role in shaping the future of its students and, by extension, the broader Richmond community in Indiana.
This information is meant to be a general summary of Richmond Friends 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $12,484
- Program Service Revenue: $592,618
- Gross Receipts: $744,583
Assets and Liabilities:
- Total Assets: $620,314
- Total Liabilities: $39,432
- Net Assets: $580,882
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$574,745
EXTENDED CARE PROGRAM
Revenue
$17,873
Organization Details
Founding Year
1973
Phone
(765) 966-5767Principal Officer
Steven Cleaver
Main Address
607 WEST MAIN STREET, RICHMOND, IN, 47374
NTEE Category
Code: B24 - Education
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