Civic Intelligence

Riverhead Charter School

990 • Fiscal year 2021 • EIN 11-3533719

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 27, 2021

Organization ProfileWWW.RIVERHEADCHARTERSCHOOL.ORG
3685 Middle Country RoadCalverton, NY 11933

(631) 369-5800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.59x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

1.68x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Net Margin

69th percentile

18%

Higher net margin than 69% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

64th percentile

$270,088

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Asset Growth

44th percentile

6.1%

Faster asset growth than 44% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

44th percentile

9.4%

Faster revenue growth than 44% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$35,034,277

Up $2,024,544 (+6.1%) from 2020

Net Assets

Up

$14,202,838

Up $2,258,004 (+19%) from 2020

Liabilities

Down

$20,831,439

Down $233,460 (-1.1%) from 2020

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin69th percentile

Revenue

Up

$12,377,043

Up $1,065,996 (+9.4%) from 2020

Expenses

Up

$10,119,039

Up $510,609 (+5.3%) from 2020

Net Income

Up

$2,258,004

Up $555,387 (+33%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $6,430,407Liabilities 2010: $5,172,458Net Assets 2010: $1,257,9492010Assets 2011: $7,149,210Liabilities 2011: $4,938,462Net Assets 2011: $2,210,7482011Assets 2012: $7,850,260Liabilities 2012: $4,357,762Net Assets 2012: $3,492,4982012Assets 2013: $8,362,187Liabilities 2013: $4,052,027Net Assets 2013: $4,310,1602013Assets 2014: $28,755,450Liabilities 2014: $24,083,513Net Assets 2014: $4,671,9372014Assets 2015: $28,464,892Liabilities 2015: $23,108,401Net Assets 2015: $5,356,4912015Assets 2016: $28,861,261Liabilities 2016: $22,452,317Net Assets 2016: $6,408,9442016Assets 2017: $28,871,736Liabilities 2017: $21,479,494Net Assets 2017: $7,392,2422017Assets 2018: $30,000,946Liabilities 2018: $21,431,165Net Assets 2018: $8,569,7812018Assets 2019: $31,494,389Liabilities 2019: $21,252,172Net Assets 2019: $10,242,2172019Assets 2020: $33,009,733Liabilities 2020: $21,064,899Net Assets 2020: $11,944,8342020Assets 2021: $35,034,277Liabilities 2021: $20,831,439Net Assets 2021: $14,202,8382021Assets 2022: $35,983,666Liabilities 2022: $20,815,869Net Assets 2022: $15,167,7972022Assets 2023: $39,030,055Liabilities 2023: $22,938,820Net Assets 2023: $16,091,2352023Assets 2024: $40,470,231Liabilities 2024: $22,736,038Net Assets 2024: $17,734,1932024

Highlighted filing

2021

Assets$35,034,277
Liabilities$20,831,439
Net Assets$14,202,838
Open 2021 Filing

Operations Trend

Revenue Growth44th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2010: $3,756,703Expenses 2010: $3,115,646Net Income 2010: $641,0572010Revenue 2011: $4,436,416Expenses 2011: $3,483,617Net Income 2011: $952,7992011Revenue 2012: $4,537,217Expenses 2012: $3,255,467Net Income 2012: $1,281,7502012Revenue 2013: $4,648,502Expenses 2013: $3,830,840Net Income 2013: $817,6622013Revenue 2014: $5,083,422Expenses 2014: $4,721,646Net Income 2014: $361,7762014Revenue 2015: $6,270,646Expenses 2015: $5,586,092Net Income 2015: $684,5542015Revenue 2016: $7,203,393Expenses 2016: $6,150,940Net Income 2016: $1,052,4532016Revenue 2017: $7,287,364Expenses 2017: $6,304,066Net Income 2017: $983,2982017Revenue 2018: $8,922,887Expenses 2018: $7,745,348Net Income 2018: $1,177,5392018Revenue 2019: $10,577,851Expenses 2019: $8,905,415Net Income 2019: $1,672,4362019Revenue 2020: $11,311,047Expenses 2020: $9,608,430Net Income 2020: $1,702,6172020Revenue 2021: $12,377,043Expenses 2021: $10,119,039Net Income 2021: $2,258,0042021Revenue 2022: $14,385,795Expenses 2022: $13,420,836Net Income 2022: $964,9592022Revenue 2023: $16,729,467Expenses 2023: $15,659,190Net Income 2023: $1,070,2772023Revenue 2024: $19,213,119Expenses 2024: $17,570,161Net Income 2024: $1,642,9582024

Highlighted filing

2021

Revenue$12,377,043
Expenses$10,119,039
Net Income$2,258,004
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 27, 2021
Return Version
2020v4.1
Gross Receipts
$12,377,043
Mission and Program Overview

Mission

To offer students a true choice in public education and promote the love of learning and the exploration of locality and environments.

To offer students a true choice in public education and promote the love of learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,818,014$16,241,118▼ $576,896
Cash and Non-Interest-Bearing Accounts$7,225,951$10,375,691▲ $3,149,740
Savings and Temporary Cash Investments$7,113,701$7,160,423▲ $46,722
Accounts Receivable$1,719,975$765,732▼ $954,243
Pledges and Grants Receivable$131,842$195,397▲ $63,555
Prepaid Expenses and Deferred Charges$250$56,016▲ $55,766
Total Assets$33,009,733$35,034,277▲ $2,024,544
Other Assets Total-$239,900-
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,239,006$18,939,931▼ $299,075
Accounts Payable and Accrued Expenses$1,243,905$1,322,793▲ $78,888
Other Liabilities$581,988$568,715▼ $13,273
Total Liabilities$21,064,899$20,831,439▼ $233,460
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,896,280$14,139,364▲ $2,243,084
Net Assets With Donor Restrictions$48,554$63,474▲ $14,920
Total Net Assets Fund Balance$11,944,834$14,202,838▲ $2,258,004
Total Liabilities and Net Assets / Fund Balance$33,009,733$35,034,277▲ $2,024,544

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,108,723$4,194,098$19,302,821
Leasehold Improvements$257,200$902,812$1,160,012
Land$794,457-$794,457
Equipment$80,738$506,117$586,855
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Raymond AnkrumExecutive DirectorFT$238,396$31,692$270,088
Nicholas TimponeDirector of AcademicsFT$135,577-$135,577
Nicola GrahamDirector of Finance and OperationsFT$135,000-$135,000
Patrick T MckinneyMiddle School PrincipalFT$127,500-$127,500

Board Members and Trustees

NameTitle
Aimee LomanacoPresident
David EdwardsVice President
Maria CintronTrustee
Zenobia HartfieldTrustee
Natasha JeffriesSecretary
Harry HistandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$278,170
Program Service Revenue
$12,004,854
Investment Income
$48,726
Other Revenue
$45,293
Change in Net Assets
$2,258,004

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,377,043
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$12,377,043
Total Revenue per Form 990
$12,377,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,546,956
Other Expenses$3,572,083
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,089,094$93,296-$4,182,390
Interest$1,111,926$78,198-$1,190,124
Other Employee Benefits$712,624$76,416-$789,040
Current Officers, Directors, Trustees, and Key Employees$263,077$373,396-$636,473
Depreciation Depletion$562,767$39,577-$602,344
Pension Plan Contributions$436,227$46,777-$483,004
Payroll Taxes$411,882$44,167-$456,049
Fees for Services Other$308,107$33,038-$341,145
Other Expenses$182,506$19,571-$202,077
Occupancy$151,790$10,675-$162,465
Insurance$74,750$5,257-$80,007
All Other Expenses$64,580$4,088-$68,668
Conferences and Meetings$8,185$877-$9,062
Advertising$2,437$171-$2,608
Total Functional Expenses$9,233,975$885,064$0$10,119,039

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,119,039
Total Expenses per Audited Statements$10,119,039
Total Expenses per Form 990$10,119,039
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,647
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$568,715

Bond Issues

BondIssuerIssuedIssue PricePurpose
ATown of Riverhead2013-08-01$16,105,000To finance the construction of two story building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$16,105,000$3,195,164-$627,630

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The school's audit firm will prepare the return and provide a draft copy to the board prior to filing. The board will review the form at a board meeting to discuss any issues or concerns and compare any financial information to the audited financials. Any issues or questions raised by a member of the board will be addressed by the director of finance, the president of the board, or the school's audit firm. The board will then confirm any changes and file a complete and accurate income tax return.”

Form 990, Part VI, Section B, Line 12C

“The board members sign the conflict of interest policy annually and must disclose any conflicts that may arise. Board members are reminded to disclose conflicts at the board meetings.”

Form 990, Part VI, Section B, Line 15A

“The board gives it's recommendations and approvals for compensation. All compensation decisions are the responsibility of the board. The board obtains public information from other organization's form 990 regarding compensation of comparable positions and bases the compensation on that information.”

Form 990, Part VI, Section C, Line 19

“The organization makes it's governing documents, finanical statements, conflict of interest policy and 990 available to the public upon request at it's administrative offices during normal business hours. In addition, the 990 is available at www.guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Riverhead Charter School
EIN
11-3533719
Phone
6313695800
Address
3685 MIDDLE COUNTRY ROAD, CALVERTON, NY 11933

Signing Officer

Name
Nicola Graham
Title
Director of Finance and Operations
Phone
6313695800
Signed
2021-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicola Graham
Formed
2001
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
90
Volunteers
0

Preparer

Firm
Cerini & Associates Llp
Address
3340 VETERANS MEMORIAL HWY, BOHEMIA, NY 11716
Preparer
Ken Cerini
Phone
6315821600
Supplemental Narrative

Financial Statement Notes

Part X, Line 2

“The school is exempt from federal income tax under section 501(c)(3) of the internal revenue code and is publicly supported, as described in section 509(a). The school is also exempt from state and local taxes. The school evaluated for uncertain tax positions and has determined that there were no uncertain tax positions for 2019 and 2020. The school files a form 990 and respective state and local tax returns. These tax returns are subject to review and examination by federal, state, and local authorities. Tax returns for the years ended june 30, 2020, 2019 and 2018 are open for examination by federal, state and local authorities. The school has determined that it has registered in all states where it is required to be registered.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE SCHOOL'S MAIN OBJECTIVE IS TO OFFER STUDENTS A TRUE CHOICE IN PUBLIC EDUCATION, WHICH PROMOTES LOVE OF LEARNING AND LOCAL EXPLORATION. THE SCHOOL'S GOAL IS TO PROVIDE A RIGOROUS COMMUNITY OF LEARNING, WHICH IS INVITING AND STIMULATING TO STUDENTS AND PARENTS, AS WELL AS STAFF. THE SCHOOL INTENDS TO REVERSE THE CURRENT SPIRAL OF STUDENT FAILURE AND MEET OR EXCEED STATE AND FEDERAL STANDARDS, TO NURTURE THE INDIVIDUAL GIFTS OF EVERY STUDENT, AND TO PREPARE THEM FOR A REWARDING COMMUNITY LIFE. REVENUE IS GENERATED FROM TUITION FEES FROM MORE THAN A DOZEN SCHOOL DISTRICTS FOR STUDENTS WHO ENROLL AT RIVERHEAD CHARTER SCHOOL. IN FISCAL YEAR 2020 APPROXIMATLEY 696 STUDENTS ATTENDED RIVERHEAD CHARTER SCHOOL.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR OF FINANCE AND OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR OF ACADEMICS
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IRS990/InsuranceGrp/ManagementAndGeneralAmt05257
IRS990/InsuranceGrp/ProgramServicesAmt074750
IRS990/InsuranceGrp/TotalAmt080007
IRS990/InterestGrp/ManagementAndGeneralAmt078198
IRS990/InterestGrp/ProgramServicesAmt01111926
IRS990/InterestGrp/TotalAmt01190124
IRS990/InvestmentIncomeGrp/ExclusionAmt048726
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048726
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05603027
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016818014
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016241118
IRS990/LandBldgEquipCostOrOtherBssAmt021844145
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OFFER STUDENTS A TRUE CHOICE IN PUBLIC EDUCATION AND PROMOTE THE LOVE OF LEARNING AND THE EXPLORATION OF LOCALITY AND ENVIRONMENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt019239006
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt018939931
IRS990/NetAssetsOrFundBalancesBOYAmt011944834
IRS990/NetAssetsOrFundBalancesEOYAmt014202838
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt01647
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01647
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011896280
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014139364
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt010675
IRS990/OccupancyGrp/ProgramServicesAmt0151790
IRS990/OccupancyGrp/TotalAmt0162465
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0239900
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt076416
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0712624
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0789040
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2STUDENT MEALS
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt040427
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119133
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt219571
IRS990/OtherExpensesGrp/ProgramServicesAmt0377005
IRS990/OtherExpensesGrp/ProgramServicesAmt1272060
IRS990/OtherExpensesGrp/ProgramServicesAmt2204958
IRS990/OtherExpensesGrp/ProgramServicesAmt3182506
IRS990/OtherExpensesGrp/TotalAmt0417432
IRS990/OtherExpensesGrp/TotalAmt1291193
IRS990/OtherExpensesGrp/TotalAmt2204958
IRS990/OtherExpensesGrp/TotalAmt3202077
IRS990/OtherLiabilitiesGrp/BOYAmt0581988
IRS990/OtherLiabilitiesGrp/EOYAmt0568715
IRS990/OtherRevenueMiscGrp/Desc0E-RATE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt022698
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020948
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt022698
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt120948
IRS990/OtherRevenueTotalAmt043646
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093296
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04089094
IRS990/OtherSalariesAndWagesGrp/TotalAmt04182390
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt044167
IRS990/PayrollTaxesGrp/ProgramServicesAmt0411882
IRS990/PayrollTaxesGrp/TotalAmt0456049
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt046777
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0436227
IRS990/PensionPlanContributionsGrp/TotalAmt0483004
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0131842
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0195397
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0250
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt056016
IRS990/PrincipalOfficerNm0NICOLA GRAHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND PROGRAM SERVICE INCOM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012004854
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012004854
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0159016
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt085641
IRS990/PYOtherExpensesAmt03279407
IRS990/PYOtherRevenueAmt078552
IRS990/PYProgramServiceRevenueAmt010987838
IRS990/PYRevenuesLessExpensesAmt01702617
IRS990/PYSalariesCompEmpBnftPaidAmt06329023
IRS990/PYTotalExpensesAmt09608430
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011311047
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02258004
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07113701
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07160423
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt015108723
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04194098
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt019302821
IRS990ScheduleD/EquipmentGrp/BookValueAmt080738
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0506117
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0586855
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt010119039
IRS990ScheduleD/LandGrp/BookValueAmt0794457
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0794457
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0257200
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0902812
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01160012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0568715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012377043
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS PUBLICLY SUPPORTED, AS DESCRIBED IN SECTION 509(A). THE SCHOOL IS ALSO EXEMPT FROM STATE AND LOCAL TAXES. THE SCHOOL EVALUATED FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS FOR 2019 AND 2020. THE SCHOOL FILES A FORM 990 AND RESPECTIVE STATE AND LOCAL TAX RETURNS. THESE TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2020, 2019 AND 2018 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. THE SCHOOL HAS DETERMINED THAT IT HAS REGISTERED IN ALL STATES WHERE IT IS REQUIRED TO BE REGISTERED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016241118
IRS990ScheduleD/TotalExpensesPerForm990Amt010119039
IRS990ScheduleD/TotalLiabilityAmt0568715
IRS990ScheduleD/TotalRevenuePerForm990Amt012377043
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012377043
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010119039
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE RACIALLY NON DISCRIMINATORY POLICY IS PUBLICIZED IN THE STUDENT APPLICATION
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1RIVERHEAD CHARTER SCHOOL RECEIVES STATE AID FOR CHILDREN FROM OVER A DOZEN SUFFOLK COUNTY SCHOOL DISTRICTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0238396
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt031692
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RAYMOND ANKRUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0270088
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-08-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt016105000

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,034,277
Liabilities
$20,831,439
Net assets
$14,202,838
Revenue
$12,377,043
Expenses
$10,119,039
Net income
$2,258,004
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$40.5$22.7$17.7$19.2$17.6$1.64
2023Detailed filing. Detailed filing data is available for this year.$39.0$22.9$16.1$16.7$15.7$1.07
2022Detailed filing. Detailed filing data is available for this year.$36.0$20.8$15.2$14.4$13.4$0.96
2021Detailed filing. Detailed filing data is available for this year.$35.0$20.8$14.2$12.4$10.1$2.26
2020Detailed filing. Detailed filing data is available for this year.$33.0$21.1$11.9$11.3$9.61$1.70
2019Detailed filing. Detailed filing data is available for this year.$31.5$21.3$10.2$10.6$8.91$1.67
2018Detailed filing. Detailed filing data is available for this year.$30.0$21.4$8.57$8.92$7.75$1.18
2017Detailed filing. Detailed filing data is available for this year.$28.9$21.5$7.39$7.29$6.30$0.98
2016Detailed filing. Detailed filing data is available for this year.$28.9$22.5$6.41$7.20$6.15$1.05
2015Detailed filing. Detailed filing data is available for this year.$28.5$23.1$5.36$6.27$5.59$0.68
2014Detailed filing. Detailed filing data is available for this year.$28.8$24.1$4.67$5.08$4.72$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.36$4.05$4.31$4.65$3.83$0.82
2012Summary only. Only limited summary data is available for this year.$7.85$4.36$3.49$4.54$3.26$1.28
2011Summary only. Only limited summary data is available for this year.$7.15$4.94$2.21$4.44$3.48$0.95
2010Summary only. Only limited summary data is available for this year.$6.43$5.17$1.26$3.76$3.12$0.64