RIVERBANK CHARTER SCHOOL OF EXCELLENCE

EIN: 263509556 501(c)(3) Education

ROEBLING, NJ

Total Revenue
$3,015,503
Total Expenses
$2,983,393
Total Assets
$1,434,613
Net Assets
$481,689
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NJ
Phone
6094994321
Tax Period
2024-07-01 to 2025-06-30

RIVERBANK CHARTER SCHOOL OF EXCELLENCE, founded in 2008, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2024.

Mission

The Mission of Riverbank Charter School of Excellence is to provide students with opportunities to develop their intellectual, emotional, and social potential through the implementation of a dynamic curriculum that fosters learning through a cooperative effort involving home, school, and community. By all three working together, students can attain their maximum potential as critical thinkers, lifelong learners, and responsible, contributing citizens in a rapidly changing pluralistic society. With this is the belief that children learn best when the significant adults in their lives - parents, teachers and community members - work together to encourage and support their development. As such, we believe that parental involvement in a child's education is paramount.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,931,667
Program Service Revenue $93,652
Investment Income $21,507
Other Revenue $-31,323
TOTAL REVENUE $3,015,503

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,513,145
Fundraising Expenses $0
Program Expenses $2,132,116
Other Expenses $470,248
TOTAL EXPENSES $2,983,393

Year-over-Year Comparison

2024 2023 Change
Revenue $3,015,503 $2,920,063 +0.0%
Expenses $2,983,393 $2,737,415 +0.1%
Net Income $32,110 $182,648 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
28
Volunteers
N/A

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM CORTEZ Trustee 2.00
Director
$0 $0 $0
PETER DUPRAT Trustee 2.00
Director
$0 $0 $0
KATHLEEN MAGOON Trustee 2.00
Director
$0 $0 $0
JON MARBACH PRES-BD TRUSTEE 2.00
Director
$0 $0 $0
SUSAN McCOOL Trustee 2.00
Director
$0 $0 $0
THOMAS FLOYD Trustee 2.00
Director
$0 $0 $0
BETH KELLEY HEAD OF SCHOOL 40.00
Officer
$0 $0 $0
DEBORAH PONTORIERO BUSINESS ADMIN 20.00
Officer
$0 $0 $0
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 $3,015,503 $2,983,393 $1,434,613 $32,110
2024 $2,920,063 $2,737,415 $1,537,474 $182,648
2023 $2,584,715 $2,711,221 $1,481,955 $-126,506
2022 $2,558,881 $2,335,374 $1,710,581 $223,507
2021 $2,144,962 $2,234,990 $677,600 $-90,028
2020 $2,071,720 $1,942,789 $694,757 $128,931
2019 $1,954,881 $1,906,267 $671,879 $48,614
2018 $1,811,254 $1,646,410 $526,145 $164,844
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