Civic Intelligence

Richmond Friends School Inc

EIN 35-1267045 • 501(c)3 • Richmond, IN

Profile

Committed to providing a quality educational experience for each child, creating an environment that nurtures individual intellectual, emotional, creative, spiritual, and physical gifts within a community

607 West Main StreetRichmond, IN 47374

www.richmondfriendsschool.org

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.07x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

58th percentile

0.04x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

28th percentile

-6.4%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

17th percentile

-13%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

46th percentile

4.5%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Assets

Down

$466,370

Down $153,944 (-25%) from 2023

Liabilities

Down

$31,141

Down $8,291 (-21%) from 2023

Net Assets

Down

$435,229

Down $145,653 (-25%) from 2023

Revenue

Up

$813,721

Up $69,138 (+9.3%) from 2023

Expenses

Up

$865,920

Up $42,193 (+5.1%) from 2023

Net Income

Up

-$52,199

Up $26,945 (+34%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $424,188Liabilities 2019: $48,710Net Assets 2019: $375,4782019Assets 2020: $561,522Liabilities 2020: $138,898Net Assets 2020: $422,6242020Assets 2021: $619,817Liabilities 2021: $49,220Net Assets 2021: $570,5972021Assets 2022: $648,970Liabilities 2022: $2,934Net Assets 2022: $646,0362022Assets 2023: $620,314Liabilities 2023: $39,432Net Assets 2023: $580,8822023Assets 2025: $466,370Liabilities 2025: $31,141Net Assets 2025: $435,2292025

Highlighted filing

2025

Assets$466,370
Liabilities$31,141
Net Assets$435,229

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $731,733Expenses 2019: $667,649Net Income 2019: $64,0842019Revenue 2020: $717,243Expenses 2020: $672,634Net Income 2020: $44,6092020Revenue 2021: $718,034Expenses 2021: $615,253Net Income 2021: $102,7812021Revenue 2022: $809,518Expenses 2022: $699,420Net Income 2022: $110,0982022Revenue 2023: $744,583Expenses 2023: $823,727Net Income 2023: -$79,1442023Revenue 2025: $813,721Expenses 2025: $865,920Net Income 2025: -$52,1992025

Highlighted filing

2025

Revenue$813,721
Expenses$865,920
Net Income-$52,199

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 11, 2025
Return Version
2024v5.2
Gross Receipts
$813,905
Mission and Program Overview

Mission

Committed to providing a quality educational experience for each child, creating an environment that nurtures individual intellectual, emotional, creative, spiritual, and physical gifts within a community

Committed to providing a quality educational experience for each child, creating an environment that nutures individual intellectual, emotional, creative, spiritual, and physical gifts within a community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$125,971$139,053▲ $13,082
Savings and Temporary Cash Investments$191,502$97,147▼ $94,355
Cash and Non-Interest-Bearing Accounts$53,357$77,933▲ $24,576
Accounts Receivable$30,701$26,789▼ $3,912
Land, Buildings, and Equipment, Net$30,579$23,526▼ $7,053
Total Assets$534,887$466,370▼ $68,517
Other Assets Total$102,777$101,922▼ $855
Liabilities
Accounts Payable and Accrued Expenses$55,664$31,141▼ $24,523
Total Liabilities$55,664$31,141▼ $24,523
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$345,763$303,848▼ $41,915
Net Assets With Donor Restrictions$133,460$131,381▼ $2,079
Total Net Assets Fund Balance$479,223$435,229▼ $43,994
Total Liabilities and Net Assets / Fund Balance$534,887$466,370▼ $68,517

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,326$83,077$87,403
Leasehold Improvements$19,200$58,366$77,566
Other Assets Org$101,922--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$102,777-▲ $4,380$4,364$101,922
2023$96,015-▲ $12,101$4,409$102,777
2022$89,442$1,500▲ $10,167$4,312$96,015
2021$107,641$1,442▼ $10,715$7,827$89,442
2020$85,900$451▲ $25,786$3,786$107,641
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rebekah Dimick EastmanEx OfficioFT$60,000$60,000
Lisa ButchEx OfficioFT$43,882$43,882
Revenue and Support

Revenue Composition

Contributions and Grants
$157,822
Program Service Revenue
$637,399
Investment Income
$14,344
Other Revenue
$4,156
All Other Contributions
$157,822
Change in Net Assets
$-52,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$604,393
Grants and Similar Amounts Paid$137,736
Other Expenses$123,791
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$386,326$20,333-$406,659
Grants to Domestic Individuals$137,736--$137,736
Current Officers, Directors, Trustees, and Key Employees$51,941$51,941-$103,882
Other Employee Benefits$47,534$7,738-$55,272
Payroll Taxes$33,179$5,401-$38,580
Occupancy$17,564$7,891-$25,455
Fees for Services Other$12,124$638-$12,762
Insurance$1,753$9,801-$11,554
All Other Expenses$10,270$193-$10,463
Fees for Services Accounting$6,417$2,139-$8,556
Depreciation Depletion$6,181$687-$6,868
Other Expenses$5,432--$5,432
Office Expenses$2,651$327-$2,978
Advertising$1,758--$1,758
Fees for Service Investment Mgmnt Fees-$871-$871
Conferences and Meetings$589$134-$723
Interest$327$17-$344
Information Technology$57$28-$85
Total Functional Expenses$757,781$108,139$0$865,920
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
Yes
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 board clerk and head of school review the return with the accountant then mail a copy to all board members before return is filed.

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

Board members and directors are required to disclose conflicts of interest annually. Any transaction between the organization and a board member or director must be approved by the board.

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

Head of school is the top management offical. Compensation is determined by reviewing performance evaluations and analyzing comparable market data. Current average salaries in the area for school principals and executive director of not for profit organizations are reviewed and combined. A proposal is presented to the board for review and approval.

Form 990, Part VI, Section C, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Richmond Friends School Inc
EIN
35-1267045
Phone
7659665767
Address
607 WEST MAIN STREET, RICHMOND, IN 47374

Signing Officer

Name
Rebekah Dimick Eastman
Title
Head of School
Phone
7659665767
Signed
2025-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebekah Dimick Eastman
Formed
1973
Legal Domicile
In
Voting Board Members
13
Independent Board Members
13
Employees
37
Volunteers
32

Preparer

Firm
Burke Cpas & Advisors Pll
Address
1909 CHESTER BLVD, RICHMOND, IN 47374
Preparer
Tiffany a Mull CPA
Phone
7659654562
Supplemental Narrative

Financial Statement Notes

Part V, Line 4 - Intended Use for Endowment Funds

The richmond friends school nicholson/smith endowment is to be used as scholarship funds for families with clear financial need.

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IRS990/OtherAssetsTotalGrp/EOYAmt0101922
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07738
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt047534
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055272
IRS990/OtherExpensesGrp/Desc0STUDENT AND CLASSROOM E
IRS990/OtherExpensesGrp/Desc1LACROSSE EXPENSES
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3DUES AND ACCREDITATION
IRS990/OtherExpensesGrp/ProgramServicesAmt020330
IRS990/OtherExpensesGrp/ProgramServicesAmt19130
IRS990/OtherExpensesGrp/ProgramServicesAmt26482
IRS990/OtherExpensesGrp/ProgramServicesAmt35432
IRS990/OtherExpensesGrp/TotalAmt020330
IRS990/OtherExpensesGrp/TotalAmt19130
IRS990/OtherExpensesGrp/TotalAmt26482
IRS990/OtherExpensesGrp/TotalAmt35432
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04156
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04156
IRS990/OtherRevenueTotalAmt04156
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020333
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0386326
IRS990/OtherSalariesAndWagesGrp/TotalAmt0406659
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05401
IRS990/PayrollTaxesGrp/ProgramServicesAmt033179
IRS990/PayrollTaxesGrp/TotalAmt038580
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0REBEKAH DIMICK EASTMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1624410
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1EXTENDED CARE PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0612264
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125135
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0612264
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125135
IRS990/ProgSrvcAccomActy2Grp/Desc0EXTENDED CARE-BEFORE AND AFTER SCHOOL CARE THAT IS AVAILABLE TO STUDENTS. APPROXIMATELY 25 STUDENTS SERVED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01124
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt025135
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt098489
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt086295
IRS990/PYInvestmentIncomeAmt015372
IRS990/PYOtherExpensesAmt0146378
IRS990/PYOtherRevenueAmt0837
IRS990/PYProgramServiceRevenueAmt0613517
IRS990/PYRevenuesLessExpensesAmt0-118170
IRS990/PYSalariesCompEmpBnftPaidAmt0613712
IRS990/PYTotalExpensesAmt0846385
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0728215
IRS990/ReconcilationRevenueExpnssAmt0-52199
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0616420
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0191502
IRS990/SavingsAndTempCashInvstGrp/EOYAmt097147
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.76650
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0871
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0102777
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0101922
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt04380
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt04364
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0930
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt096015
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0102777
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012101
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt04409
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0782
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt089442
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt096015
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt010167
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt04312
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01099
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0107641
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01442
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt089442
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-10715
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt07827
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0710
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt085900
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0451
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0107641
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt025786
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt03786
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04326
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083077
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt087403
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019200
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt058366
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt077566
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0101922
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0WCF ENDOWMENT FUND A
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE RICHMOND FRIENDS SCHOOL NICHOLSON/SMITH ENDOWMENT IS TO BE USED AS SCHOLARSHIP FUNDS FOR FAMILIES WITH CLEAR FINANCIAL NEED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4 - INTENDED USE FOR ENDOWMENT FUNDS
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.23350
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023526
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0101922
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01

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