Civic Intelligence

Riverfield Academy

990 • Fiscal year 2021 • EIN 72-0690242

Jun 01, 2020 to May 31, 2021 • Filed on Oct 11, 2021

115 Riverfield DriveRayville, LA 71269

(318) 728-3281

Siviq Scores

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

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.14x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

41st percentile

7.7%

Higher net margin than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

73rd percentile

$109,025

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

45th percentile

7.2%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

56th percentile

18%

Faster revenue growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,388,449

Up $227,315 (+7.2%) from 2020

Net Assets

Up

$2,965,492

Up $225,778 (+8.2%) from 2020

Liabilities

Up

$422,957

Up $1,537 (+0.4%) from 2020

Revenue

Up

$2,942,797

Up $446,125 (+18%) from 2020

Expenses

Up

$2,717,019

Up $231,614 (+9.3%) from 2020

Net Income

Up

$225,778

Up $214,511 (+1904%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,541,140Liabilities 2012: $4,633Net Assets 2012: $1,536,5072012Assets 2013: $1,793,439Liabilities 2013: $84,725Net Assets 2013: $1,708,7142013Assets 2014: $2,041,470Liabilities 2014: $177,495Net Assets 2014: $1,863,9752014Assets 2015: $2,115,213Liabilities 2015: $67,160Net Assets 2015: $2,048,0532015Assets 2016: $2,521,777Liabilities 2016: $291,915Net Assets 2016: $2,229,8622016Assets 2017: $2,511,527Liabilities 2017: $301,671Net Assets 2017: $2,209,8562017Assets 2018: $2,671,433Liabilities 2018: $182,221Net Assets 2018: $2,489,2122018Assets 2019: $2,844,731Liabilities 2019: $116,285Net Assets 2019: $2,728,4462019Assets 2020: $3,161,134Liabilities 2020: $421,420Net Assets 2020: $2,739,7142020Assets 2021: $3,388,449Liabilities 2021: $422,957Net Assets 2021: $2,965,4922021Assets 2022: $4,309,612Liabilities 2022: $1,250,698Net Assets 2022: $3,058,9142022Assets 2023: $4,926,081Liabilities 2023: $755,721Net Assets 2023: $4,170,3602023Assets 2024: $5,359,733Liabilities 2024: $634,582Net Assets 2024: $4,725,1512024Assets 2025: $5,568,574Liabilities 2025: $543,543Net Assets 2025: $5,025,0312025

Highlighted filing

2021

Assets$3,388,449
Liabilities$422,957
Net Assets$2,965,492

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $1,528,651Expenses 2012: $1,437,539Net Income 2012: $91,1122012Revenue 2013: $1,702,890Expenses 2013: $1,530,683Net Income 2013: $172,2072013Revenue 2014: $1,885,908Expenses 2014: $1,730,647Net Income 2014: $155,2612014Revenue 2015: $2,132,093Expenses 2015: $1,948,015Net Income 2015: $184,0782015Revenue 2016: $2,256,721Expenses 2016: $2,074,912Net Income 2016: $181,8092016Revenue 2017: $2,268,563Expenses 2017: $2,288,569Net Income 2017: -$20,0062017Revenue 2018: $2,542,892Expenses 2018: $2,343,536Net Income 2018: $199,3562018Revenue 2019: $2,527,670Expenses 2019: $2,288,436Net Income 2019: $239,2342019Revenue 2020: $2,496,672Expenses 2020: $2,485,405Net Income 2020: $11,2672020Revenue 2021: $2,942,797Expenses 2021: $2,717,019Net Income 2021: $225,7782021Revenue 2022: $2,888,343Expenses 2022: $2,794,920Net Income 2022: $93,4232022Revenue 2023: $4,104,193Expenses 2023: $2,992,748Net Income 2023: $1,111,4452023Revenue 2024: $3,253,048Expenses 2024: $2,698,257Net Income 2024: $554,7912024Revenue 2025: $2,967,553Expenses 2025: $2,667,672Net Income 2025: $299,8812025

Highlighted filing

2021

Revenue$2,942,797
Expenses$2,717,019
Net Income$225,778
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Oct 11, 2021
Return Version
2020v4.1
Gross Receipts
$3,124,143
Mission and Program Overview

Mission

EDUCATIONAL PURPOSES

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,013,861$2,488,388▲ $474,527
Rtn Earn Endowment Incm Other Fnds$2,234,881$2,460,659▲ $225,778
Savings and Temporary Cash Investments$839,330$521,694▼ $317,636
Pd in Cap Srpls Land Bldg Eqp Fund$504,833$504,833→ $0
Cash and Non-Interest-Bearing Accounts$307,778$378,202▲ $70,424
Total Assets$3,161,134$3,388,449▲ $227,315
Other Assets Total$165$165→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$319,900$263,064▼ $56,836
Deferred Revenue$101,520$159,893▲ $58,373
Total Liabilities$421,420$422,957▲ $1,537
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,739,714$2,965,492▲ $225,778
Total Liabilities and Net Assets / Fund Balance$3,161,134$3,388,449▲ $227,315

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,999,435$1,327,123$3,326,558
Equipment$187,337$821,374$1,008,711
Other Land Buildings$200,044$446,119$646,163
Land$101,572-$101,572
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sherri SladePrincipalFT$109,025$109,025

Board Members and Trustees

NameTitle
Massey SheltonPresident
Kim MillsVice-president
Dan BranchDirector
Lee ThomasonDirector
Matt PrineDirector
Tom AllenDirector
John MulhernSec - Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$319,900
Program Service Revenue
$2,244,980
Investment Income
$1,474
Other Revenue
$376,443
Change in Net Assets
$225,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,843,769
Other Expenses$873,250
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,570,404--$1,570,404
Occupancy$312,116--$312,116
Depreciation Depletion$178,945--$178,945
Payroll Taxes$128,476--$128,476
Current Officers, Directors, Trustees, and Key Employees$109,025--$109,025
Insurance$87,603--$87,603
All Other Expenses$59,149--$59,149
Office Expenses$48,213--$48,213
Other Expenses$38,860--$38,860
Pension Plan Contributions$35,864--$35,864
Interest$4,746--$4,746
Fees for Services Accounting$3,300--$3,300
Fees for Services Legal$125--$125
Total Functional Expenses$2,717,019$0$0$2,717,019
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$406,570
Fundraising Direct Expenses$84,274
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Carnival / Auction$406,570$406,570$84,274$322,296
Total Events$406,570$406,570$84,274$322,296
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 7A

The parents of the presently enrolled students elect the members directors of the governing body.

Form 990, Part VI, Section B, Line 11

The president reviews the form 990 before signing the return.

Form 990, Part VI, Section C, Line 19

These items are available to review upon request.

Form 990, Part VIII, Section C, Line 8C

The sale of donated merchandise is exempt under section 512.

Filing and Contact Details

Filer

Filer Name
Riverfield Academy
EIN
72-0690242
Phone
3187283281
Address
115 RIVERFIELD DRIVE, RAYVILLE, LA 71269

Signing Officer

Name
Massey Shelton
Title
President
Signed
2021-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Massey Shelton - President
Formed
1970
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
89

Preparer

Firm
OSWALT & ZARRO CPA'S
Address
204 FAIR AVE SUITE B, WINNSBORO, LA 71295
Preparer
Joseph J Zarro CPA
Phone
3184355584
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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/RevenueAmt02942797
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02234881
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02460659
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0839330
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0521694
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01999435
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01327123
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03326558
IRS990ScheduleD/EquipmentGrp/BookValueAmt0187337
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0821374
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01008711
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0101572
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0101572
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0200044
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0446119
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0646163
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02488388
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVES SOME TEXTBOOKS FROM THE STATE OF LOUISIANA. ADDITIONALLY, THE SCHOOL RECEIVES SOME FUNDS FROM THE STATE OF LOUISIANA FOR PROVIDING REQUIRED SERVICES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CARNIVAL/AUCTIONS
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0true
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0406570
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0406570
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0RIVERFIELD ACADEMY INC
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0115 RIVERFIELD DRIVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0RAYVILLE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd071269
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt084274
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CARNIVAL / AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0406570
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0406570
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0406570
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0406570
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0322296
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt084274
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt084274
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0406570
IRS990ScheduleG/TotalNetToOrganizationAmt0406570
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PARENTS OF THE PRESENTLY ENROLLED STUDENTS ELECT THE MEMBERS DIRECTORS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT REVIEWS THE FORM 990 BEFORE SIGNING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE ITEMS ARE AVAILABLE TO REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALE OF DONATED MERCHANDISE IS EXEMPT UNDER SECTION 512.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VIII, Section C, Line 8C
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03161134
IRS990/TotalAssetsEOYAmt03388449
IRS990/TotalAssetsGrp/BOYAmt03161134
IRS990/TotalAssetsGrp/EOYAmt03388449
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0319900
IRS990/TotalEmployeeCnt089
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02717019
IRS990/TotalFunctionalExpensesGrp/TotalAmt02717019
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0421420
IRS990/TotalLiabilitiesEOYAmt0422957
IRS990/TotalLiabilitiesGrp/BOYAmt0421420
IRS990/TotalLiabilitiesGrp/EOYAmt0422957
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02739714
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02965492
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt040106
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt040106
IRS990/TotalProgramServiceExpensesAmt02717019
IRS990/TotalProgramServiceRevenueAmt02244980
IRS990/TotalReportableCompFromOrgAmt0109025
IRS990/TotalRevenueGrp/ExclusionAmt0322296
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02300601
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02942797
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03161134
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03388449
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0766 HWY 80
IRS990/USAddress/CityNm0DELHI
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd071232
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.57$0.54$5.03$2.97$2.67$0.30
2024Detailed filing. Detailed filing data is available for this year.$5.36$0.63$4.73$3.25$2.70$0.55
2023Detailed filing. Detailed filing data is available for this year.$4.93$0.76$4.17$4.10$2.99$1.11
2022Detailed filing. Detailed filing data is available for this year.$4.31$1.25$3.06$2.89$2.79$0.09
2021Detailed filing. Detailed filing data is available for this year.$3.39$0.42$2.97$2.94$2.72$0.23
2020Detailed filing. Detailed filing data is available for this year.$3.16$0.42$2.74$2.50$2.49$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.84$0.12$2.73$2.53$2.29$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.67$0.18$2.49$2.54$2.34$0.20
2017Detailed filing. Detailed filing data is available for this year.$2.51$0.30$2.21$2.27$2.29$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.52$0.29$2.23$2.26$2.07$0.18
2015Summary only. Only limited summary data is available for this year.$2.12$0.07$2.05$2.13$1.95$0.18
2014Summary only. Only limited summary data is available for this year.$2.04$0.18$1.86$1.89$1.73$0.16
2013Summary only. Only limited summary data is available for this year.$1.79$0.08$1.71$1.70$1.53$0.17
2012Summary only. Only limited summary data is available for this year.$1.54$0.00$1.54$1.53$1.44$0.09