RIVER CITY EDUCATION SERVICES INC (EIN 205773949) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

DOGAN TOZOGLU

Phone

9048558010

Tax Period

2024-07-01 to 2025-06-30

RIVER CITY EDUCATION SERVICES INC, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $59.0M in total revenue in fiscal year 2024.

Mission

TO OPERATE ONE OR MORE CHARTER SCHOOLS, EARLY LEARNING PROGRAMS, AND PRIVATE SCHOOLS IN FLORIDA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $50,733,941

Investment Income $0

Other Revenue $8,230,775

TOTAL REVENUE $58,964,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,660,655

Other Expenses $58,028,480

TOTAL EXPENSES $58,028,480

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,964,716	$55,527,733	+0.1%
Expenses	$58,028,480	$59,054,616	0.0%
Net Income	$936,236	$-3,526,883	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

762

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$184,252

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mr Emre Mese	Board Chair	1.00	Officer	$0	$0	$0
Mrs Serkan Dogan	Vice President	1.00	Officer	$0	$0	$0
Mr Fatih Kurt	Board Secretary	1.00	Director	$0	$0	$0
Dr Sakhavat Mammadov	Board Member	1.00	Director	$0	$0	$0
Dr Dogan Tozoglu	Executive Director	40.00	Key Emp	$184,252	$0	$184,252
Alisher Kuvatov	Director of Academics	40.00	Highest	$126,014	$0	$126,014
Doguscu Aksoy	IT Director	40.00	Highest	$122,756	$0	$122,756
Mesut Erdogan	Principal	40.00	Highest	$117,738	$0	$117,738
Alaaddin Akgul	Principal	40.00	Highest	$113,527	$0	$113,527
Selcuk Buyuksarac	Director of Public Affairs and Community Engagement	40.00	Highest	$107,723	$0	$107,723

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$58,964,716	$58,028,480	$119,595,426	$936,236
2024	$55,527,733	$59,054,616	$117,505,238	$-3,526,883
2023	$51,912,378	$49,355,427	$107,662,623	$2,556,951
2022	$40,759,077	$35,172,293	$97,321,758	$5,586,784
2021	$27,900,007	$26,744,723	$30,756,167	$1,155,284
2020	$24,228,540	$24,003,581	$27,833,797	$224,959
2019	$23,231,465	$22,497,550	$23,426,598	$733,915

RIVER CITY EDUCATION SERVICES INC