Riverwalk Education Foundation
Riverwalk Education Foundation reported $150.7 million in revenue and $148.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $67.23 went to program services, $32.77 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 94.8% of the total. Government grants made up 90.6%. The highest compensation it reported for one person was $210,024 (SUPERINTENDANT). 11 people received more than $100,000 in reportable compensation. Revenue rose 137% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $148MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $151MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 67.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 32.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 94.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 90.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 4.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $210,024 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.14% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 11 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseSST, a public charter school accredited by the Texas Education Agency, operates under the Riverwalk Education Foundation. It is dedicated to STEM education, emphasizing 21st-century skills and character development. Across 20 campuses in San Antonio, Houston, and Corpus Christi, SST nurtures approximately 11,000 students in a dynamic learning environment. Driven by a college-preparatory, STEM-focused model, SST integrates academic rigor with socio-emotional growth. Its approach combines character-building strategies with a student-centered ethos, ensuring a safe, enriching experience for…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| SUPERINTENDANT Officer, 40.00 hrs/week | $210,024 | $0 | $0 | $210,024 |
| REGIONAL EX. DIRECTOR Listed in Part VII, 40.00 hrs/week | $157,925 | $0 | $0 | $157,925 |
| REGIONAL EX. DIRECTOR Listed in Part VII, 40.00 hrs/week | $151,746 | $0 | $0 | $151,746 |
| COO Officer, 40.00 hrs/week | $147,244 | $0 | $0 | $147,244 |
| CFO Officer, 40.00 hrs/week | $140,892 | $0 | $0 | $140,892 |
| PRINCIPAL Listed in Part VII, 40.00 hrs/week | $140,134 | $0 | $0 | $140,134 |
| PRINCIPAL Listed in Part VII, 40.00 hrs/week | $139,465 | $0 | $0 | $139,465 |
| INSTRUCTIONAL COOR Listed in Part VII, 40.00 hrs/week | $138,242 | $0 | $0 | $138,242 |
11 people received more than $100,000 in reportable compensation from Riverwalk Education Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,832
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| KEY CONSTRUCTION INC Construction | $29,318,964 |
| BARTLETT COCKE GENERAL CONTRACTORS LLC Construction | $26,686,388 |
| ELIOR INC Catering | $4,933,664 |
| ALAMO ARCHITECTS INC Architect | $1,611,312 |
| RNA FACILITIES MANAGEMENT Janitorial | $1,114,289 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Riverwalk Education Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Riverwalk Education Foundation, you can publish a response that is linked from this page.
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Of every $100 Riverwalk Education Foundation spent in FY2025, $67.23 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Eckerd CollegeSt Petersburg, FL · revenue $150M · programs 85.3% · FY2025
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- DonorschooseorgNew York, NY · revenue $151M · programs 89.7% · FY2025
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Questions people ask
How much of Riverwalk Education Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Riverwalk Education Foundation reported that 67.2% of its $148.5 million in expenses went to program services, 32.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Riverwalk Education Foundation pay its top executive?
The largest total compensation Riverwalk Education Foundation reported for one person in the fiscal year ending June 30, 2025 was $210,024, for the role of SUPERINTENDANT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Riverwalk Education Foundation get its money?
Of $150.7 million in revenue in the fiscal year ending June 30, 2025, 94.8% came from contributions and grants (including 90.6% from government grants) and 4.4% from program service revenue (Form 990, Part VIII).
Is Riverwalk Education Foundation a registered charity?
The IRS lists EIN 01-0758906 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601339349304260 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540779349300034 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421359349308222 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301039349301850 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240679349301204 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100969349301605 · read the filing
All filings for EIN 01-0758906: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.