Rivers Edge Academy Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 637,892 | 575,571 | 62,321 | 1.3 | 60% |
| 2013 | 874,084 | 730,258 | 143,826 | 3.4 | 54% |
| 2014 | 1,124,543 | 841,027 | 283,516 | 7.0 | 50% |
| 2015 | 944,838 | 751,528 | 193,310 | 10.9 | 57% |
| 2016 | 1,048,440 | 1,449,627 | −401,187 | 2.3 | 40% |
| 2017 | 1,277,719 | 1,185,705 | 92,014 | 3.8 | 57% |
| 2018 | 1,167,407 | 1,088,995 | 78,412 | 5.0 | 56% |
| 2019 | 1,383,475 | 1,360,891 | 22,584 | 7.8 | 52% |
| 2020 | 1,653,783 | 1,501,057 | 152,726 | 8.3 | 52% |
| 2021 | 1,938,917 | 1,610,861 | 328,056 | 10.2 | 46% |
| 2022 | 2,194,630 | 2,017,118 | 177,512 | 9.2 | 41% |
| 2023 | 2,287,242 | 2,376,341 | −89,099 | 7.3 | 47% |
In its most recent public year (2023), this organization spent $89,099 more than it brought in. Its reserves stood at about 7.3 months of spending, up from 1.3 in 2012. Staff pay was 47% of spending. $1,010,426 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Rivers Edge Academy Charter School's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works