Civic Intelligence

The River School

EIN 52-2172713 • 501(c)3 • Washington, DC

Washington, DC
Siviq Scores

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

Liabilities / Assets

65th percentile

0.38x

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.80x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

77th percentile

$427,177

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

51st percentile

5.4%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-4.1%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$27,624,110

Up $1,408,896 (+5.4%) from 2023

Liabilities

Down

$10,548,785

Down $609,649 (-5.5%) from 2023

Net Assets

Up

$17,075,325

Up $2,018,545 (+13%) from 2023

Revenue

Down

$13,207,083

Down $568,535 (-4.1%) from 2023

Expenses

Up

$11,649,456

Up $1,863,120 (+19%) from 2023

Net Income

Down

$1,557,627

Down $2,431,655 (-61%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $9,862,172Liabilities 2011: $9,016,932Net Assets 2011: $845,2402011Assets 2012: $9,884,817Liabilities 2012: $8,887,683Net Assets 2012: $997,1342012Assets 2013: $10,512,240Liabilities 2013: $8,974,344Net Assets 2013: $1,537,8962013Assets 2014: $10,712,890Liabilities 2014: $8,971,940Net Assets 2014: $1,740,9502014Assets 2015: $10,970,326Liabilities 2015: $8,793,662Net Assets 2015: $2,176,6642015Assets 2016: $10,706,775Liabilities 2016: $8,053,005Net Assets 2016: $2,653,7702016Assets 2017: $10,157,375Liabilities 2017: $7,252,288Net Assets 2017: $2,905,0872017Assets 2018: $11,074,485Liabilities 2018: $8,218,893Net Assets 2018: $2,855,5922018Assets 2019: $14,123,279Liabilities 2019: $9,246,267Net Assets 2019: $4,877,0122019Assets 2020: $15,559,735Liabilities 2020: $8,953,657Net Assets 2020: $6,606,0782020Assets 2021: $18,141,919Liabilities 2021: $9,604,563Net Assets 2021: $8,537,3562021Assets 2022: $20,761,473Liabilities 2022: $9,847,964Net Assets 2022: $10,913,5092022Assets 2023: $26,215,214Liabilities 2023: $11,158,434Net Assets 2023: $15,056,7802023Assets 2024: $27,624,110Liabilities 2024: $10,548,785Net Assets 2024: $17,075,3252024

Highlighted filing

2024

Assets$27,624,110
Liabilities$10,548,785
Net Assets$17,075,325

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $7,107,157Expenses 2011: $6,860,555Net Income 2011: $246,6022011Revenue 2012: $7,429,619Expenses 2012: $7,277,725Net Income 2012: $151,8942012Revenue 2013: $7,962,976Expenses 2013: $7,428,315Net Income 2013: $534,6612013Revenue 2014: $8,081,261Expenses 2014: $7,878,207Net Income 2014: $203,0542014Revenue 2015: $8,749,670Expenses 2015: $8,241,991Net Income 2015: $507,6792015Revenue 2016: $8,042,233Expenses 2016: $7,565,127Net Income 2016: $477,1062016Revenue 2017: $7,207,925Expenses 2017: $7,098,449Net Income 2017: $109,4762017Revenue 2018: $6,818,603Expenses 2018: $7,008,550Net Income 2018: -$189,9472018Revenue 2019: $9,534,134Expenses 2019: $7,406,596Net Income 2019: $2,127,5382019Revenue 2020: $8,966,462Expenses 2020: $7,469,071Net Income 2020: $1,497,3912020Revenue 2021: $8,911,681Expenses 2021: $7,593,823Net Income 2021: $1,317,8582021Revenue 2022: $11,521,164Expenses 2022: $8,333,603Net Income 2022: $3,187,5612022Revenue 2023: $13,775,618Expenses 2023: $9,786,336Net Income 2023: $3,989,2822023Revenue 2024: $13,207,083Expenses 2024: $11,649,456Net Income 2024: $1,557,6272024

Highlighted filing

2024

Revenue$13,207,083
Expenses$11,649,456
Net Income$1,557,627

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.6$10.5$17.1$13.2$11.6$1.56
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.2$11.2$15.1$13.8$9.79$3.99
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$9.85$10.9$11.5$8.33$3.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$9.60$8.54$8.91$7.59$1.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$8.95$6.61$8.97$7.47$1.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$9.25$4.88$9.53$7.41$2.13
2018Summary only. Only limited summary data is available for this year.$11.1$8.22$2.86$6.82$7.01$0.19
2017Summary only. Only limited summary data is available for this year.$10.2$7.25$2.91$7.21$7.10$0.11
2016Summary only. Only limited summary data is available for this year.$10.7$8.05$2.65$8.04$7.57$0.48
2015Summary only. Only limited summary data is available for this year.$11.0$8.79$2.18$8.75$8.24$0.51
2014Summary only. Only limited summary data is available for this year.$10.7$8.97$1.74$8.08$7.88$0.20
2013Summary only. Only limited summary data is available for this year.$10.5$8.97$1.54$7.96$7.43$0.53
2012Summary only. Only limited summary data is available for this year.$9.88$8.89$1.00$7.43$7.28$0.15
2011Summary only. Only limited summary data is available for this year.$9.86$9.02$0.85$7.11$6.86$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Nov 27, 2024
Return Version
2023v6.0
Gross Receipts
$14,525,644
Mission and Program Overview

Mission

Independent school offering programs for infants, toddlers, preschool, and elementary school aged children with and without hearing loss.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$12,169,698$13,014,448▲ $844,750
Land, Buildings, and Equipment, Net$4,881,556$5,257,153▲ $375,597
Investments in Publicly Traded Securities$3,618,901$4,263,455▲ $644,554
Accounts Receivable$3,237,462$3,245,674▲ $8,212
Cash and Non-Interest-Bearing Accounts$331,995$419,737▲ $87,742
Pledges and Grants Receivable$847,811$408,627▼ $439,184
Prepaid Expenses and Deferred Charges$78,466$79,877▲ $1,411
Total Assets$26,215,214$27,624,110▲ $1,408,896
Other Assets Total$1,049,325$935,139▼ $114,186
Liabilities
Deferred Revenue$8,196,249$7,551,108▼ $645,141
Mortgage Notes Payable Secured by Investment Property$2,305,130$2,204,172▼ $100,958
Accounts Payable and Accrued Expenses$232,055$537,253▲ $305,198
Other Liabilities$425,000$256,252▼ $168,748
Total Liabilities$11,158,434$10,548,785▼ $609,649
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,502,970$10,714,284▲ $1,211,314
Net Assets With Donor Restrictions$5,553,810$6,361,041▲ $807,231
Total Net Assets Fund Balance$15,056,780$17,075,325▲ $2,018,545
Total Liabilities and Net Assets / Fund Balance$26,215,214$27,624,110▲ $1,408,896

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,102,259$2,705,395$4,807,654
Other Land Buildings$1,537,395$48,000$1,585,395
Land$1,225,000-$1,225,000
Leasehold Improvements$341,937$142,474$484,411
Equipment$50,562$198,762$249,324

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,619,901$20,415▲ $633,140$10,000$4,263,456
2022$3,304,859$20,931▲ $294,111$0$3,619,901
2021$3,580,058$28,430▼ $293,629$10,000$3,304,859
2020$2,830,436$7,060▲ $742,562$0$3,580,058
2019$2,452,795$1,400▲ $376,241$0$2,830,436
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy MellonHead of School/Vice PresidentFT$401,790$25,387$427,177
Nancy Mellon--$401,790$25,387$427,177
Meredith OuelletteAssistant Head of SchoolFT$184,955$6,557$191,512
Meredith Ouellette--$184,955$6,557$191,512
Megan CampbellDirector of AdmissionsFT$149,463$14,230$163,693
Megan Campbell--$149,463$14,230$163,693
Jennifer LynchDirector AdvancementFT$157,224$5,542$162,766
Jennifer Lynch--$157,224$5,542$162,766
Marie WrightDirector of Elementary CurriculumFT$135,760$14,005$149,765
Christine LopezCFOFT$141,208$5,016$146,224
Tracy ArmstrongDirector of Human ResourcesFT$130,572$5,197$135,769

Board Members and Trustees

NameTitle
Casey SeidenbergPresident
Rachel WellerVice President
Andre Cheng MDBoard Member
Britlan Malek PsyDBoard Member
Colleen GreenBoard Member
Jonathan Epstein MDBoard Member
Leigh McCue-WeilBoard Member
Louisa ImperialeBoard Member
Mary CarpenterBoard Member
Mathis WagnerBoard Member
Nancy HermanBoard Member
Nicolle RippeonBoard Member
Terrance GreenBoard Member
Valdis LenssBoard Member
Yonatan AlemuBoard Member
Nowell RushSecretary
Eric GaierTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
RLN ConstructionLeasehold improvements904 Olympian Circle SW, Vienna, VA 22180$405,974
Revenue and Support

Revenue Composition

Contributions and Grants
$2,439,697
Program Service Revenue
$10,105,191
Investment Income
$630,416
Other Revenue
$31,779
All Other Contributions
$2,011,912
Change in Net Assets
$1,557,627

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,308,934
Revenue Not Reported on Financial Statements
$-101,851
Revenue Not Reported on Form 990
$-827,390
Other Revenue Adjustments
$-101,851
Total Revenue per Audited Statements
$12,481,544
Total Revenue per Form 990
$13,207,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,424,038
Other Expenses$1,956,467
Grants and Similar Amounts Paid$1,266,451
Total Fundraising Expense$597,396
Professional Fundraising Fees$2,500

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,853,498$1,022,750$408,047$6,284,295
Grants to Domestic Individuals$1,266,451--$1,266,451
Other Employee Benefits$671,833$159,641$55,894$887,368
Current Officers, Directors, Trustees, and Key Employees$329,250$243,202$21,950$594,402
Occupancy$449,240$44,924$4,992$499,156
Payroll Taxes$375,200$91,015$31,150$497,365
Other Expenses$415,149$713$80$415,942
Depreciation Depletion$254,258$25,426$2,825$282,509
Office Expenses$121,697$94,771$1,331$217,799
Pension Plan Contributions$125,106$24,937$10,565$160,608
Information Technology$123,648$12,365$1,374$137,387
Interest$70,924$7,092$788$78,804
Advertising$225$48,515$3$48,743
All Other Expenses$38,017$3,573$397$41,987
Insurance$33,967$3,397$377$37,741
Fees for Services Other$30,028$3,003$334$33,365
Conferences and Meetings$26,406$2,641$293$29,340
Fees for Services Legal$0$3,102$0$3,102
Fees for Services Professional Fundraising--$2,500$2,500
Fees for Service Investment Mgmnt Fees$0$200$0$200
Total Functional Expenses$9,255,567$1,796,493$597,396$11,649,456

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,649,456
Total Expenses per Audited Statements$10,557,999
Expenses per Audited Statements$10,382,805
Expenses Not Reported on Financial Statements$1,266,651
Other Expense Adjustments$1,266,651
Expenses Not Reported on Form 990$175,194
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$73,291
Fundraising Gross Income$46,878
Gaming Gross Income$40,500
Gaming Direct Expenses$10,000
Professional Fundraising Fees$2,500

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$445,875$31,380$16,091$15,289
Walkathon$21,418$8,128$8,128$0
Total Events$467,293$39,508$65,126$-25,618
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Rachel MellonDaughter of Head of SchoolSalary and benefits as an employeeNo$68,490
Will MellonSon of Head of SchoolSalary and benefits as an employeeNo$13,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease liability$246,213
Finance lease liability$10,039

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADistrict of Columbia bonds2010-03-04$4,000,000Refinance school facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,000,000$3,907,925$0$92,075

Bond Financing Compliance

Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
Filing and Contact Details

Filer

Filer Name
The River School
EIN
52-2172713
Phone
2023373554
Address
4880 MacArthur Blvd NW, Washington, DC 20007

Signing Officer

Name
Nancy Mellon
Title
Head of School
Phone
2023373554
Signed
2024-11-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Mellon
Formed
1999
Legal Domicile
Dc
Voting Board Members
18
Independent Board Members
17
Employees
104
Volunteers
140

Preparer

Firm
Hozik & Company PLC
Address
374 Maple Ave E Ste 305, Vienna, VA 22180
Preparer
Corrie Scott
Phone
8588633319
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

Persons covered by the conflict of interest policy will annually disclose to the President of the Board of Directors on a form provided by the Organization their interests that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members.

Pt VI, Line 19

The River School makes the documents available upon request.

Pt VI, Line 15A

Compensation for the Head of School is reviewed annually by the Board of Trustees Executive Committee. Compensation percentage increases for all other employees are reviewed and approved by the Board Finance Committee and the Board of Trustees. All salary levels are compared against local independent school salary trends.

Pt VI, Line 15B

Compensation for the Head of School is reviewed annually by the Board of Trustees Executive Committee. Compensation percentage increases for all other employees are reviewed and approved by the Board Finance Committee and the Board of Trustees. All salary levels are compared against local independent school salary trends.

Pt XII, Line 2C

The Finance Committee has oversight over finances. The Finance Committee meets with the auditor to review the draft audit report and then present the final audit report to the Board. The Business Manager and the Head of School reviews the financial statements monthly. The Finance Committee reviews the financial statements quarterly.

Pt VI, Line 11B

The 990 tax return is reviewed by the Business Manager and the Finance Committee. The Finance Committee meets with the auditor to review the draft audit report and then presents the final audit report to the Board.

Financial Statement Notes

Pt XI, Line 2D

Financial aid $1,266,451 and investment fees $200.

Pt XI, Line 4B

Special event expenses $96,581 and rent expense of $5,270.

Pt XII, Line 2D

Special event expenses $96,581 and rent expense of $5,270.

Pt XII, Line 4B

Financial aid $1,266,451 and investment fees $200.

Raw XML AppendixShowing 400 of 889 raw XML fields

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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