Civic Intelligence

Rivertree School

EIN 26-2633599 • 501(c)3 • Crystal, MN

Pub. 78 Eligible

Profile

To provide an education for students in kindergarten through twelfth grade.

3733 Vera Cruz Ave NCrystal, MN 55422

www.rivertreeschool.org

Siviq Scores

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

Liabilities / Assets

77th percentile

0.36x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

8th percentile

-21%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-18%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$636,074

Up $143,253 (+29%) from 2023

Liabilities

Up

$276,912

Up $22,633 (+8.9%) from 2023

Net Assets

Up

$359,162

Up $120,620 (+51%) from 2023

Revenue

Up

$2,331,394

Up $623,165 (+36%) from 2023

Expenses

Up

$2,210,774

Up $427,021 (+24%) from 2023

Net Income

Up

$120,620

Up $196,144 (+260%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $259,306Liabilities 2012: $23,484Net Assets 2012: $235,8222012Assets 2013: $267,226Liabilities 2013: $37,982Net Assets 2013: $229,2442013Assets 2014: $249,297Liabilities 2014: $33,896Net Assets 2014: $215,4012014Assets 2015: $215,787Liabilities 2015: $42,394Net Assets 2015: $173,3932015Assets 2016: $229,417Liabilities 2016: $54,678Net Assets 2016: $174,7392016Assets 2017: $244,702Liabilities 2017: $72,236Net Assets 2017: $172,4662017Assets 2018: $252,863Liabilities 2018: $95,823Net Assets 2018: $157,0402018Assets 2019: $440,502Liabilities 2019: $266,699Net Assets 2019: $173,8032019Assets 2020: $801,384Liabilities 2020: $620,993Net Assets 2020: $180,3912020Assets 2021: $621,318Liabilities 2021: $105,521Net Assets 2021: $515,7972021Assets 2022: $490,719Liabilities 2022: $176,653Net Assets 2022: $314,0662022Assets 2023: $492,821Liabilities 2023: $254,279Net Assets 2023: $238,5422023Assets 2024: $636,074Liabilities 2024: $276,912Net Assets 2024: $359,1622024

Highlighted filing

2024

Assets$636,074
Liabilities$276,912
Net Assets$359,162

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $366,2292012Expenses 2013: $578,9182013Revenue 2014: $672,450Expenses 2014: $686,293Net Income 2014: -$13,8432014Revenue 2015: $717,349Expenses 2015: $759,357Net Income 2015: -$42,0082015Revenue 2016: $843,742Expenses 2016: $842,396Net Income 2016: $1,3462016Revenue 2017: $1,049,802Expenses 2017: $1,052,075Net Income 2017: -$2,2732017Revenue 2018: $1,116,947Expenses 2018: $1,132,373Net Income 2018: -$15,4262018Revenue 2019: $1,342,825Expenses 2019: $1,326,062Net Income 2019: $16,7632019Revenue 2020: $1,416,774Expenses 2020: $1,410,186Net Income 2020: $6,5882020Revenue 2021: $1,755,486Expenses 2021: $1,420,080Net Income 2021: $335,4062021Revenue 2022: $1,442,539Expenses 2022: $1,644,270Net Income 2022: -$201,7312022Revenue 2023: $1,708,229Expenses 2023: $1,783,753Net Income 2023: -$75,5242023Revenue 2024: $2,331,394Expenses 2024: $2,210,774Net Income 2024: $120,6202024

Highlighted filing

2024

Revenue$2,331,394
Expenses$2,210,774
Net Income$120,620

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$2,331,394
Mission and Program Overview

Mission

To provide an education for students in kindergarten through twelfth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$232,129$383,865▲ $151,736
Land, Buildings, and Equipment, Net$225,294$219,573▼ $5,721
Prepaid Expenses and Deferred Charges-$25,072-
Accounts Receivable$33,668$7,564▼ $26,104
Intangible Assets$235$0▼ $235
Total Assets$492,821$636,074▲ $143,253
Other Assets Total$1,495--
Liabilities
Accounts Payable and Accrued Expenses$110,098$161,712▲ $51,614
Deferred Revenue$144,181$115,200▼ $28,981
Total Liabilities$254,279$276,912▲ $22,633
Net Assets / Fund Balance
Net Assets With Donor Restrictions$67,875$250,000▲ $182,125
Net Assets Without Donor Restrictions$170,667$109,162▼ $61,505
Total Net Assets Fund Balance$238,542$359,162▲ $120,620
Total Liabilities and Net Assets / Fund Balance$492,821$636,074▲ $143,253

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,011$289,218$306,229
Leasehold Improvements$202,562$77,086$279,648
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rodney NelsonDirector, PresidentFT$99,500$99,500
Marybeth NelsonDirectorPT$30,840$30,840

Board Members and Trustees

NameTitle
Justin TennisonDirector
Russ YorkDirector
Kelly HansenDirector, Secretary
Ben DitzerDirector, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$958,441
Program Service Revenue
$1,372,939
Investment Income
$14
Other Revenue
$0
All Other Contributions
$312,441
Change in Net Assets
$120,620

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,888,154
Revenue Not Reported on Financial Statements
$443,240
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$443,240
Total Revenue per Audited Statements
$1,888,154
Total Revenue per Form 990
$2,331,394
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,062,792
Other Expenses$954,742
Grants and Similar Amounts Paid$193,240
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$675,113$164,643-$839,756
Occupancy$581,482$102,615-$684,097
Grants to Domestic Individuals$193,240--$193,240
Current Officers, Directors, Trustees, and Key Employees$130,340--$130,340
Payroll Taxes$80,421$8,725-$89,146
Insurance-$44,318-$44,318
Office Expenses-$39,654-$39,654
Depreciation Depletion$29,628$5,228-$34,856
Fees for Services Accounting-$32,451-$32,451
Fees for Services Other-$14,481-$14,481
Travel-$7,612-$7,612
Advertising-$4,964-$4,964
Other Employee Benefits-$3,550-$3,550
Other Expenses$14,900$2,686-$2,686
Fees for Services Legal-$533-$533
Total Functional Expenses$1,755,526$455,248$0$2,210,774

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,210,774
Expenses per Audited Statements$2,017,534
Total Expenses per Audited Statements$2,017,534
Expenses Not Reported on Financial Statements$193,240
Other Expense Adjustments$193,240
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
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
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 A, Line 2

Rodney nelson and cora nelson and marybeth nelson: family relationship

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

990 is provided to the board for review prior to filing.

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

Disclosed to board of directors as soon as conflict arises in accordance with conflict of interest policy.

Form 990, Part VI, Section B, Line 15

President and officer pay is determined by the board of directors.

Form 990, Part VI, Section C, Line 19

Organization makes forms available upon request.

Filing and Contact Details

Filer

Filer Name
Rivertree School
EIN
26-2633599
Phone
7637178609
Address
3733 VERA CRUZ AVE N, CRYSTAL, MN 55422

Signing Officer

Name
Rodney Nelson
Title
President
Phone
7634459897
Signed
2025-05-12

Organization Details

Principal Officer
Rodney Nelson
Formed
2008
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
4
Employees
37
Volunteers
75

Preparer

Firm
Froehling Anderson Ltd
Address
400 HIGHWAY 169 SOUTH - SUITE 400, MINNEAPOLIS, MN 55426
Preparer
David Benusa CPA
Phone
9529793100
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Scholarships and financial aid 193,240. Contributions with donor restrictions 250,000.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Scholarships and financial aid 193,240.

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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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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0443240
IRS990ScheduleD/RevenueSubtotalAmt01888154
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS AND FINANCIAL AID 193,240. CONTRIBUTIONS WITH DONOR RESTRICTIONS 250,000.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIPS AND FINANCIAL AID 193,240.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0219573
IRS990ScheduleD/TotalExpensesPerForm990Amt02210774
IRS990ScheduleD/TotalRevenuePerForm990Amt02331394
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01888154
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02017534
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/ExplanationTxt0NONDISCRIMINATORY POLICY IS NOTED ON APPLICATION OF ENROLLMENT ON WEBSITE, AND WAS RELEASED IN AN APPROPRIATE NEWSPAPER.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES TEXTBOOKS FROM THE SCHOOL DISTRICT TO USE IN ITS CURRICULUM. THE TEXTBOOKS ARE OWNED BY THE SCHOOL DISTRICT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID PROVIDED TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0168240
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0REDUCTION OF TUITION TO ELIGIBLE STUDENTS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt052
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RODNEY NELSON AND CORA NELSON AND MARYBETH NELSON: FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCLOSED TO BOARD OF DIRECTORS AS SOON AS CONFLICT ARISES IN ACCORDANCE WITH CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRESIDENT AND OFFICER PAY IS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION MAKES FORMS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0492821
IRS990/TotalAssetsEOYAmt0636074
IRS990/TotalAssetsGrp/BOYAmt0492821
IRS990/TotalAssetsGrp/EOYAmt0636074
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0958441
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0455248
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01755526
IRS990/TotalFunctionalExpensesGrp/TotalAmt02210774
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0254279
IRS990/TotalLiabilitiesEOYAmt0276912
IRS990/TotalLiabilitiesGrp/BOYAmt0254279
IRS990/TotalLiabilitiesGrp/EOYAmt0276912
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0238542
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0359162
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt047718
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt047718
IRS990/TotalProgramServiceExpensesAmt01755526
IRS990/TotalProgramServiceRevenueAmt01372939
IRS990/TotalReportableCompFromOrgAmt0130340
IRS990/TotalRevenueGrp/ExclusionAmt014
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01372939
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02331394
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0492821
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0636074
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt07612
IRS990/TravelGrp/TotalAmt07612
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03733 VERA CRUZ AVE N
IRS990/USAddress/CityNm0CRYSTAL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055422
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.RIVERTREESCHOOL.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RODNEY NELSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07634459897
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVERTREE SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0262633599
ReturnHeader/Filer/PhoneNum07637178609
ReturnHeader/Filer/USAddress/AddressLine1Txt03733 VERA CRUZ AVE N
ReturnHeader/Filer/USAddress/CityNm0CRYSTAL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055422
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411384792
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FROEHLING ANDERSON LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 HIGHWAY 169 SOUTH - SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055426
ReturnHeader/PreparerPersonGrp/PhoneNum09529793100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID BENUSA CPA
ReturnHeader/ReturnTs02025-05-13T15:14:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30

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