Civic Intelligence

Riverside Science Inc

EIN 26-1453559 • 501(c)3 • Margate, FL

Profile

To operate a charter school in broward county fl

6101 NW 31st StMargate, FL 33063

bmsschools.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.41x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

65th percentile

0.18x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

59th percentile

9.3%

Higher net margin than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

46th percentile

2.0%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

67th percentile

20%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,735,370

Down $240,671 (-12%) from 2023

Liabilities

Down

$1,078,323

Down $294,210 (-21%) from 2023

Net Assets

Up

$657,047

Up $53,539 (+8.9%) from 2023

Revenue

Up

$3,429,342

Up $316,644 (+10%) from 2023

Expenses

Up

$3,375,804

Up $202,577 (+6.4%) from 2023

Net Income

Up

$53,538

Up $114,067 (+188%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2018: $307,359Liabilities 2018: $92,262Net Assets 2018: $215,0972018Assets 2019: $243,526Liabilities 2019: $14,644Net Assets 2019: $228,8822019Assets 2020: $567,129Liabilities 2020: $290,766Net Assets 2020: $276,3632020Assets 2021: $715,613Liabilities 2021: $16,212Net Assets 2021: $699,4012021Assets 2022: $2,327,080Liabilities 2022: $1,663,043Net Assets 2022: $664,0372022Assets 2023: $1,976,041Liabilities 2023: $1,372,533Net Assets 2023: $603,5082023Assets 2024: $1,735,370Liabilities 2024: $1,078,323Net Assets 2024: $657,0472024

Highlighted filing

2024

Assets$1,735,370
Liabilities$1,078,323
Net Assets$657,047

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $2,692,713Expenses 2018: $2,395,193Net Income 2018: $297,5202018Revenue 2019: $2,601,212Expenses 2019: $2,587,427Net Income 2019: $13,7852019Revenue 2020: $2,555,458Expenses 2020: $2,507,977Net Income 2020: $47,4812020Revenue 2021: $3,126,137Expenses 2021: $2,703,099Net Income 2021: $423,0382021Revenue 2022: $2,567,999Expenses 2022: $2,603,363Net Income 2022: -$35,3642022Revenue 2023: $3,112,698Expenses 2023: $3,173,227Net Income 2023: -$60,5292023Revenue 2024: $3,429,342Expenses 2024: $3,375,804Net Income 2024: $53,5382024

Highlighted filing

2024

Revenue$3,429,342
Expenses$3,375,804
Net Income$53,538

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 24, 2024
Return Version
2023v5.1
Gross Receipts
$3,429,342
Mission and Program Overview

Mission

To operate a charter school in broward county fl

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,478,449$1,216,205▼ $262,244
Rtn Earn Endowment Incm Other Fnds$491,888$496,002▲ $4,114
Cash and Non-Interest-Bearing Accounts$458,975$483,344▲ $24,369
Pd in Cap Srpls Land Bldg Eqp Fund$111,620$161,045▲ $49,425
Pledges and Grants Receivable$38,617$35,821▼ $2,796
Total Assets$1,976,041$1,735,370▼ $240,671
Liabilities
Other Liabilities$1,366,829$1,055,160▼ $311,669
Accounts Payable and Accrued Expenses$5,704$23,163▲ $17,459
Total Liabilities$1,372,533$1,078,323▼ $294,210
Net Assets / Fund Balance
Total Net Assets Fund Balance$603,508$657,047▲ $53,539
Total Liabilities and Net Assets / Fund Balance$1,976,041$1,735,370▼ $240,671

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,055,160$870,846-
Equipment$83,616$99,172-
Leasehold Improvements$77,429$8,603-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Hasan KosePrincipalFT$110,000$110,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,006,603
Investment Income
$0
Other Revenue
$422,739
Change in Net Assets
$53,538

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,429,342
Total Revenue per Audited Statements
$3,429,342
Total Revenue per Form 990
$3,429,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,375,804
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$1,006,916$0$0$1,006,916
Depreciation Depletion$348,276$0$0$348,276
Other Expenses$0$98,916$0$98,916
Interest$69,821$0$0$69,821
Total Functional Expenses$3,238,021$137,783$0$3,375,804

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,375,804
Total Expenses per Audited Statements$3,375,804
Total Expenses per Form 990$3,375,804
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Long-term Lease Payable$1,055,160
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Riverside Science Inc
EIN
26-1453559
Phone
9549698488
Address
6101 NW 31ST ST, MARGATE, FL 33063
Doing Business As
Broward Math & Science Schools

Signing Officer

Name
Marcos Regalado
Title
President
Phone
9549698488
Signed
2024-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcos Regalado
Formed
2008
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
10

Preparer

Firm
Robert Walker CPA PA
Address
2803 W Busch Blvd Ste 106, Tampa, FL 33618
Preparer
Robert Walker CPA
Phone
8136248643
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is prepared by an independent cpa firm and a draft is provided to the finance committee for review. The final 990 is provided to the board prior to approval.

Pt VI, Line 12C

At each board meeting, the agenda is notated to remind board members to recuse from voting on any item that may be a conflict of interest.

Pt VI, Line 15B

The principal is paid in accordance with the school districts pay scale.

Form 990, Part IX, Line 24E

School administration 373685. 373685. 0. 0.

Form 990, Part IX, Line 24E

Fiscal services 84852. 84852. 0. 0.

Form 990, Part IX, Line 24E

Food services 132384. 132384. 0. 0.

Form 990, Part IX, Line 24E

Central services 16566. 16566. 0. 0.

Form 990, Part IX, Line 24E

Operation of plant 262270. 262270. 0. 0.

Form 990, Part IX, Line 24E

Maintenance of plant 16859. 16859. 0. 0.

Form 990, Part IX, Line 24E

Administrative technology services 153. 153. 0. 0.

Form 990, Part IX, Line 24E

Communiity services 120147. 120147. 0. 0.

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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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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED THROUGH ITS WEBSITE AND LOCAL NEWSPAPERS. NA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND A DRAFT IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINAL 990 IS PROVIDED TO THE BOARD PRIOR TO APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT EACH BOARD MEETING, THE AGENDA IS NOTATED TO REMIND BOARD MEMBERS TO RECUSE FROM VOTING ON ANY ITEM THAT MAY BE A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRINCIPAL IS PAID IN ACCORDANCE WITH THE SCHOOL DISTRICTS PAY SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCHOOL ADMINISTRATION 373685. 373685. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FISCAL SERVICES 84852. 84852. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOOD SERVICES 132384. 132384. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CENTRAL SERVICES 16566. 16566. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OPERATION OF PLANT 262270. 262270. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MAINTENANCE OF PLANT 16859. 16859. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ADMINISTRATIVE TECHNOLOGY SERVICES 153. 153. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10COMMUNIITY SERVICES 120147. 120147. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03238021
IRS990/TotalFunctionalExpensesGrp/TotalAmt03375804
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01372533
IRS990/TotalLiabilitiesEOYAmt01078323
IRS990/TotalLiabilitiesGrp/BOYAmt01372533
IRS990/TotalLiabilitiesGrp/EOYAmt01078323
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0603508
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0657047
IRS990/TotalProgramServiceExpensesAmt03238021
IRS990/TotalProgramServiceRevenueAmt03006603
IRS990/TotalReportableCompFromOrgAmt0110000
IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03429342
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01976041
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01735370
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt06101 NW 31ST ST
IRS990/USAddress/CityNm0MARGATE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033063
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0BMSSCHOOLS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARCOS REGALADO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09549698488
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVERSIDE SCIENCE INC
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0261453559
ReturnHeader/Filer/PhoneNum09549698488
ReturnHeader/Filer/USAddress/AddressLine1Txt06101 NW 31ST ST
ReturnHeader/Filer/USAddress/CityNm0MARGATE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033063
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200676201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert Walker CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02803 W Busch Blvd Ste 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tampa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033618
ReturnHeader/PreparerPersonGrp/PhoneNum08136248643
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert Walker CPA
ReturnHeader/ReturnTs02024-10-24T07:47:10-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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