Riverdale Educational Foundation EIN 46-3818824 Form 990 (PDF) Claim this org

Riverdale Educational Foundation

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Raises money to support the school district's educational programs. For fiscal year 2025 it reported $129K in revenue, $62K in expenses, and $364K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Arlington, OH
Website
www.riverdale.k12.oh.us/ref.aspx
Filings
5 on file (2021–2025)
Revenue
$129KFY2025
Expenses
$62K
Net assets
$364K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3818824 Public charity (501(c)(3)) Arlington, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Raises money to support the school district's educational programs.
Leadership
Michelle Courtad · Director
Money in and out
$129K revenue, $62K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$129K
Pt VIII · Ln 12
Total expenses
$62K
Pt IX · Ln 25
Net assets
$364K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $67K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
69.9mo
months of highly liquid reserves at operating expense rate▲ +11% vs prior filing year
Surplus margin
+52%
revenue over expenses, this year▲ +288% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$129K
FY2025▲ +190%
Expenses
$62K
FY2025▲ +10%
Total assets
$364K
FY2025▲ +22%
Total liabilities
$0
FY2025
Total revenue
$129K
Pt VIII · Ln 12
Total expenses
$62K
Pt IX · Ln 25
Net assets
$364K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$67K
Total assetsPt X · Ln 16$364K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRiverdale Educational Foundation
EINHdr · item D46-3818824
Principal addressHdr · item CArlington, OH
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B94)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $62K of program spending, described in the organization's own filed words · FY2024.
01

To conduct fundraising activities to benefit the educational activities of the school district.

$62Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$84K · 65%
Investment income$45K · 35%
Contributions & grants65%$84K
Investment income35%$45K
Total revenueLn 12$129K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$62K
Total functional expensesLn 25$62K

Balance Sheet

Part X · end of year
CashLn 1$364K
Total assetsLn 16$364K
Total liabilitiesLn 26$0
Total net assetsLn 32$364K
Months of cash on handcomputed69.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $364K · Operating expenses/yr $62K
69.9 months
Where the money goes
Program services
Program services $62K · Total expenses $62K
100%
Management & General
Management & general $0 · Total expenses $62K
0%
Fundraising
Fundraising $0 · Total expenses $62K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $77K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $84K · Total revenue $129K
65%
Government reliance
Government grants — · Total revenue $129K
Earned-income share
Program service revenue $0 · Total revenue $129K
0%
Investment reliance
Investment income $45K · Total revenue $129K
+35%
Program self-sufficiency
Program service revenue $0 · Total expenses $62K
0%
Growth & trend
Revenue growth (YoY)
This year $129K · Prior year $44K
+190%
Net-asset trend (YoY)
End of year $364K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $129K · Expenses $62K
+52%
Liabilities-to-Assets
Total liabilities — · Total assets $364K
Net-asset ratio
Net assets $364K · Total assets $364K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $364K
0%
People & payroll
Highest Reported Total Compensation
Individual Michelle Courtad · Reported title Director · Highest reported compensation $0 · Total expenses $62K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $62K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 190%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.5%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$190
Grants paid · 16 grants · $241K · 2020–2024
Riverdale School - ScoreboardFY2024$40,000
Riverdale School - TrackFY2024$6,000
Riverdale School - EducationFY2024$6,000
Riverdale School - EndowmentFY2023$14,879
Riverdale School - TrackFY2023$8,250
Riverdale School - SoftballFY2023$7,747
Riverdale School PTOTN · FY2023$5,980
Riverdale School - McVittyFY2023$5,800
Riverdale School - EducationFY2023$5,745
Riverdale School - BaseballFY2022$36,000
Riverdale School - EducationFY2022$34,754
Riverdale School - IndustrialFY2022$25,789
Riverdale School - FFAFY2022$5,612
Riverdale School DistrictFY2021$23,213
Riverdale School - TrackFY2021$6,200
Riverdale School DistrictFY2020$8,990

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$129K revenue · viewing · ⤓ 990 PDF
FY2024$44K revenue · ⤓ 990 PDF
FY2023$99K revenue · ⤓ 990 PDF
FY2022$96K revenue · ⤓ 990 PDF
FY2021$19K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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