RIVER RIDGE LEARNING CENTER INC

EIN: 844589360 501(c)(3) Education

JEFFERSONVILLE, IN

Total Revenue
$791,443
Total Expenses
$883,035
Total Assets
$1,132,940
Net Assets
$1,117,728
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IN
Principal Officer
JAMES S KARP
Phone
8122884251
Tax Period
2024-01-01 to 2024-12-31

RIVER RIDGE LEARNING CENTER INC, founded in 2020, is a small nonprofit in the Education sector that reported $791K in total revenue in fiscal year 2024. Expenses of $883K exceeded revenue, resulting in a 12% operating deficit.

Mission

RIVER RIDGE LEARNING CENTER, INC. FOCUSES ON CHILDCARE AND EARLY CHILDHOOD LEARNING. RRCL INTENDS TO OPERATE AN EARLY CHILDHOOD LEARNING PROGRAM AND ITS INTENT FOR THIS PROGRAM IS TO BECOME A NATIONAL MODEL OF EXCELLENCE AND EARN NATIONAL ASSOCIATION OF EDUCATION OF YOUNG CHILDREN ACCREDITATION WITHIN THE FIRST YEAR OF OPERATION. THE CURRICULUM WILL EXPLORE LEARNING EXPERIENCES OF STEM, THE CREATIVE ARTS, AND SOCIAL-EMOTIONAL DEVELOPMENT. RRCL ANTICIPATES WORKING WITH EMPLOYERS IN THE AREA TO PROMOTE THE AVAILABILITY OF THE CHILDCARE BENEFIT AND THE STABILITY IT PROVIDES EMPLOYEES IN JOINING THE WORKFORCE. IT ALLOWS EMPLOYEES TO MAINTAIN EMPLOYMENT RESULTING IN A REDUCTION IN ABSENTEEISM WHILE ENHANCING THE PROFESSIONAL DEVELOPMENT OF THE EMPLOYEES. THE CHILDCARE PROGRAM WILL SERVE CHILDREN FROM 5 MONTHS OLD TO 6 YEARS OF AGE.

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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 $195,931
Program Service Revenue $595,327
Investment Income $185
Other Revenue $0
TOTAL REVENUE $791,443

Expense Breakdown

Grants Paid $0
Salaries & Benefits $644,629
Fundraising Expenses $2,374
Program Expenses $827,917
Other Expenses $238,406
TOTAL EXPENSES $883,035

Year-over-Year Comparison

2024 2023 Change
Revenue $791,443 $785,078 +0.0%
Expenses $883,035 $839,999 +0.1%
Net Income $-91,592 $-54,921 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
N/A
Independent Members
N/A
Employees
15
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES KARP DIRECTOR 1.00
Director
$0 $0 $0
LYN LONGMEYER DIRECTOR 1.00
Director
$0 $0 $0
ROBERT BLAIR DIRECTOR 1.00
Director
$0 $0 $0
J MARK ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
IRENE KARP DIRECTOR 1.00
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
2024 $791,443 $883,035 $1,132,940 $-91,592
2023 $785,078 $839,999 $1,211,011 $-54,921
2022 $475,208 $718,192 $1,262,638 $-242,984
2021 $1,731,598 $344,397 $1,514,660 $1,387,201
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