Riverside Educational Center FY2024 filing

Tax-deductible

Grand Jct, CO501(c)(3)Since 2006EducationEIN 20-5451495

This page gets seen. Tell your story. Claim this org.

Riverside Educational Center provides mesa county students with high-quality academic and extracurricular experiences during out-of-school time to foster individual growth and to create community within a safe, diverse, equitable and inclusive environment.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$105K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $903K a year · 22% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$105K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $136K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$233K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.4M
-4% vs prior year
Spent
$4.3M
To programs
84%
Net assets
$4.9M
By yearFY2020–FY2024
Revenue
$6.4M
FY2024▼ -4%
Revenue by fiscal year
FY2020$1.4M
FY2021$2.4M
FY2022$3.8M
FY2023$6.7M
FY2024$6.4M
FY2024$3.6M
Expenses
$4.3M
FY2024▼ -1%
Expenses by fiscal year
FY2020$1.6M
FY2021$2.3M
FY2022$3.5M
FY2023$4.4M
FY2024$4.3M
FY2024$3.8M
Net assets
$4.9M
FY2024▲ +74%
Net assets by fiscal year
FY2020$159K
FY2021$311K
FY2022$520K
FY2023$2.8M
FY2024$4.9M
FY2024$4.7M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $3.6M Management & general 12% · $514K Fundraising 4% · $164K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

17 people listed on the 990; $105K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$104,828Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jack Curry’s $90K as Executive Director is at the 25th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Joy Hudak—$104,828$98,955$87,464$90,000$82,550
Jack Curry$89,800—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Riverside Educational Center executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides after-school tutoring and enrichment for students at 16 schools.

Provided by the organization

This section is blank until Riverside Educational Center claims this page.

Know this organization? Claim it to add your story

1 program service account for $3.6M of program spending, described in the organization's own filed words · FY2023.
01

Riverside educational center provided it's afterschool services at 16 schools across mesa county in the fiscal year ended 6/30/24.

$3.6Mprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$136K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.4M
Ln 12
Gifts and grantsLn 1h$6.3M
Other incomeLn 4–11$67K
Investment incomeLn 3$63K
Money outPt IX
$4.3M
Ln 25
Programscol B$3.6M
Managementcol C$514K
Fundraisingcol D$164K
Owns and owesPt X
$4.9M
net assets · Ln 32
Cash and savingsLn 1–2$956K
Total assetsLn 16$5.2M
LiabilitiesLn 26$233K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.3M
Government grantsLn 1e$3.7M
Noncash giftsLn 1g$865K
Fundraising eventsLn 1c$25K
Investment incomeLn 3$63K
Other incomeLn 4–11$67K
Total revenueLn 12$6.4M
Assets in detailPt X, end of year
CashLn 1$376K
SavingsLn 2$580K
Cash and savings togetherLn 1–2$956K
InvestmentsLn 11–13$705K
Land, buildings, equipmentLn 10c$2.8M
Other assetsLn 15$0
Total assetsLn 16$5.2M
LiabilitiesLn 26$233K
Net assetsLn 32$4.9M
OperationsPt I, VI
EmployeesI 5252
VolunteersI 630
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$335K$956K
InvestmentsLn 11–13$501K$705K
Land, buildings, equipmentLn 10c$373K$2.8M
Total assetsLn 16$3.1M$5.2M
LiabilitiesLn 26$284K$233K
Net assetsLn 32$2.8M$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$108K$99K$9K
Other salaries and wagesLn 7$2.7M$2.4M$267K$113K
Other employee benefitsLn 9$276K$244K$22K$9K
Payroll taxesLn 10$286K$238K$36K$12K
Accounting feesLn 11c$26K$26K
Lobbying feesLn 11d$15K$15K
Other fees for servicesLn 11g$23K$5K$18K
Advertising and promotionLn 12$16K$1K$15K
OccupancyLn 16$79K$79K
TravelLn 17$39K$39K
Conferences, conventions and meetingsLn 19$21K$20K$1K
Depreciation, depletion and amortizationLn 22$126K$108K$18K
Other expenses (24a–d)Ln 24$559K$544K$9K$5K
All other expensesLn 24e$13K$13K$560
Total functional expensesLn 25$4.3M$3.6M$514K$164K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $6.4M$4.3M$2.1M$4.9M 990 PDF
FY2023 $6.7M$4.4M$2.3M$2.8M 990 PDF
FY2022 $3.8M$3.5M$209K$520K 990 PDF
FY2021 $2.4M$2.3M$99K$311K 990 PDF
FY2020 $1.4M$1.6M−$204K$159K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $6,424,315 across 10 lines filed
VIII-1c Fundraising events$25,272
VIII-1e Government grants$3,673,847
VIII-1f All other contributions, gifts and grants$2,595,403
VIII-1g Noncash contributions (included above)$865,000
VIII-1h Total contributions, gifts and grants$6,294,522
VIII-3 Investment incomeExcluded from tax $62,541$62,541
VIII-6 Net rental income or lossExcluded from tax $31,062$31,062
VIII-8 Net income from fundraising eventsExcluded from tax $31,508$31,508
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,682$4,682
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $129,793$6,424,315
Part IX · Statement of functional expenses $4,319,758 across 14 lines filed
IX-5 Pay of current officers, directors and key staffManagement $99,273 · Fundraising $9,091$108,364
IX-7 Other salaries and wagesPrograms $2,352,587 · Management $266,650 · Fundraising $112,938$2,732,175
IX-9 Other employee benefitsPrograms $243,767 · Management $22,441 · Fundraising $9,424$275,632
IX-10 Payroll taxesPrograms $237,716 · Management $36,347 · Fundraising $12,303$286,366
IX-11c Accounting feesManagement $26,000$26,000
IX-11d Lobbying feesManagement $15,000$15,000
IX-11g Other fees for servicesPrograms $4,622 · Management $18,075$22,697
IX-12 Advertising and promotionManagement $1,187 · Fundraising $15,021$16,208
IX-16 OccupancyPrograms $79,489$79,489
IX-17 TravelPrograms $38,659$38,659
IX-19 Conferences, conventions and meetingsPrograms $19,937 · Management $1,152$21,089
IX-22 Depreciation, depletion and amortizationPrograms $107,808 · Management $18,368$126,176
IX-24 Other expenses (24a–d)Programs $544,451 · Management $9,151 · Fundraising $5,003$558,605
IX-24e All other expensesPrograms $12,738 · Management $560$13,298
IX-25 Total functional expensesPrograms $3,641,774 · Management $514,204 · Fundraising $163,780$4,319,758
Part X · Balance sheet $5,163,433 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $112,785$375,790
X-2 Savings and temporary cash investmentsStart of year $221,809$580,487
X-3 Pledges and grants receivableStart of year $1,831,532$622,574
X-4 Accounts receivableStart of year $18,100$32,682
X-10c Land, buildings and equipment, netStart of year $373,455$2,847,151
X-11 Publicly traded securitiesStart of year $501,456$704,749
X-15 Other assetsStart of year $50,000$0
X-16 Total assetsStart of year $3,109,137$5,163,433
X-17 Accounts payable and accrued expensesStart of year $265,240$194,460
X-19 Deferred revenueStart of year $18,281$38,800
X-26 Total liabilitiesStart of year $283,521$233,260
X-27 Net assets without donor restrictionsStart of year $2,780,316$4,924,873
X-28 Net assets with donor restrictionsStart of year $45,300$5,300
X-32 Total net assets or fund balancesStart of year $2,825,616$4,930,173
X-33 Total liabilities and net assetsStart of year $3,109,137$5,163,433
Part XI · Reconciliation of net assets $4,930,173 net assets at year end
XI-1 Total revenue$6,424,315
XI-2 Total expenses$4,319,758
XI-3 Revenue less expenses$2,104,557
XI-4 Net assets at start of year$2,825,616
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,930,173

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.