RIVERS EDGE ACADEMY CHARTER SCHOOL (EIN 274821123) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

CECILE ENRIGHT

Phone

5032990299

Tax Period

2024-07-01 to 2025-06-30

RIVERS EDGE ACADEMY CHARTER SCHOOL, founded in 2011, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

REACH OFFERS A HOLISTIC APPROACH TO STUDENT LEARNING WHERE PARENTS HAVE A VOICE. THE VISION IS ACHIEVING ACADEMIC EXCELLENCE THROUGH PERSONALIZED INSUTRUCTION, AND PARENT, TEACHER & COMMUNITY PARTNERSHIPS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,633,870

Program Service Revenue $0

Investment Income $356

Other Revenue $15,867

TOTAL REVENUE $2,650,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,859,565

Fundraising Expenses $0

Program Expenses $1,614,534

Other Expenses $788,367

TOTAL EXPENSES $2,647,932

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,650,093	$2,283,057	+0.2%
Expenses	$2,647,932	$2,594,012	+0.0%
Net Income	$2,161	$-310,955	-1.0%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

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

$158,699

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CECILE ENRIGHT	FOUNDER SUPERINTENDENT	40.00	Officer	$111,545	$47,154	$158,699
SHARRE WHITSON	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD BUSH	MEMBER	1.00	Director	$0	$0	$0
BRUCE GILLOOLY	MEMBER	1.00	Director	$0	$0	$0
TRAVIS HOPPES	BOARD PRESIDENT CHAIR	1.00	Officer Director	$0	$0	$0
KATRINA BYWATER	BOARD SECRETARY TREASURER	1.00	Officer Director	$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	$2,650,093	$2,647,932	$1,909,602	$2,161
2024	$2,283,057	$2,594,012	$1,931,504	$-310,955
2023	$2,287,242	$2,376,341	$2,265,481	$-89,099
2022	$2,194,630	$2,017,118	$2,376,950	$177,512
2021	$1,938,917	$1,610,861	$2,220,478	$328,056
2020	$1,653,783	$1,501,057	$2,048,437	$152,726
2019	$1,383,475	$1,360,891	$1,779,487	$22,584

RIVERS EDGE ACADEMY CHARTER SCHOOL