Rivers Academy fka Prism Academy

🔒

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

2022

Legal Domicile

Principal Officer

Darryl Sollerh

Phone

4242802258

Tax Period

2022-07-01 to 2022-12-31

Rivers Academy fka Prism Academy, founded in 2022, is a small nonprofit in the Education sector that reported $269K in total revenue in fiscal year 2022.

Mission

Rivers Academy's mission is to provide a DIE-dedicated school wherein students from every background not only acquire the knowledge and skills to succeed academically but are inspired to develop and refine their individual passions, talents, innovations and inventions through joyful self-discovery and empathic service to others. Our goal is not only to educate academically, but to enable our students to lead lives of meaning and purpose, ennobled by their dedication to inclusive social justice, shared resource sustainability and enlightened world progress and peace for all human beings.

Program Service Accomplishments

Program 1

Expenses: $239,150 Revenue: $99,353

Rivers Academy not only offered a superlative educational experience but created access and opportunity for our students from under-served communities with individual attention and social/emotional...

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $169,355

Program Service Revenue $99,353

Investment Income $0

Other Revenue $0

TOTAL REVENUE $268,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,891

Fundraising Expenses $16,987

Program Expenses $239,150

Other Expenses $103,817

TOTAL EXPENSES $282,708

Year-over-Year Comparison

	2022	2021	Change
Revenue	$268,708	N/A	N/A
Expenses	$282,708	N/A	N/A
Net Income	$-14,000	N/A	N/A

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

N/A

Employees

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

Total Directors

$7,609

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Darryl Sollerh	Executive Dir.	50.00	Director	$7,609	$0	$7,609

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
2022	$268,708	$282,708	No data	$-14,000