Rhode Island Mayoral Academy (Sm) Blackstone Valley
Also known as Blackstone Valley Prep
Rhode Island Mayoral Academy (Sm) Blackstone Valley reported $41.1 million in revenue and $44.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.37 went to program services, $11.63 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.7% of the total. Government grants made up 6.6%. The highest compensation it reported for one person was $214,297 (CHIEF EXECUTIVE OFFICER). 20 people received more than $100,000 in reportable compensation. Revenue rose 28% 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 $44MFor 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 $41MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.6% | 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 | 18.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 81.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $214,297 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.48% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 20 | 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 | 11 of 11 | 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 expenseHighest 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 |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 45.00 hrs/week | $202,665 | $0 | $11,632 | $214,297 |
| CHIEF FINANCIAL OFFICER Officer, 45.00 hrs/week | $128,327 | $0 | $24,408 | $152,735 |
| CHIEF OPERATIONS OFFICER Highest compensated employee, 45.00 hrs/week | $126,278 | $0 | $23,320 | $149,598 |
| HEAD OF SCHOOL Highest compensated employee, 45.00 hrs/week | $116,304 | $0 | $22,773 | $139,077 |
| SR. DIRECOTR OF SECONDARY Highest compensated employee, 45.00 hrs/week | $122,920 | $0 | $13,616 | $136,536 |
| CHIEF HUMAN CAPITAL Highest compensated employee, 45.00 hrs/week | $122,422 | $0 | $7,714 | $130,136 |
| HEAD OF SCHOOL Highest compensated employee, 45.00 hrs/week | $113,449 | $0 | $11,269 | $124,718 |
20 people received more than $100,000 in reportable compensation from Rhode Island Mayoral Academy (Sm) Blackstone Valley (Part VII, line 2). Compensation of current officers, directors and key employees totaled $348K (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–1b11 · 11 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 4Yes
- 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 5441
- Volunteers Part I, line 612
Private foundation grants it received
1 private foundation reported grants to Rhode Island Mayoral Academy (Sm) Blackstone Valley totaling $644 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Rhode Island Mayoral Academy (Sm) Blackstone Valley's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rhode Island Mayoral Academy (Sm) Blackstone Valley, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Rhode Island Mayoral Academy (Sm) Blackstone Valley spent in FY2025, $88.37 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Girls Preparatory SchoolChattanooga, TN · revenue $41M · programs 71.9% · FY2025
- Hiram CollegeHiram, OH · revenue $41M · programs 79.6% · FY2025
- Sports Leadership and ManagementMiami, FL · revenue $41M · programs 89.1% · FY2025
- Maret SchoolWashington, DC · revenue $41M · programs 79.8% · FY2025
- Webb School of KnoxvilleKnoxville, TN · revenue $41M · programs 97.4% · FY2025
Questions people ask
How much of Rhode Island Mayoral Academy (Sm) Blackstone Valley's spending goes to programs?
In the fiscal year ending June 30, 2025, Rhode Island Mayoral Academy (Sm) Blackstone Valley reported that 88.4% of its $44.5 million in expenses went to program services, 11.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Rhode Island Mayoral Academy (Sm) Blackstone Valley pay its top executive?
The largest total compensation Rhode Island Mayoral Academy (Sm) Blackstone Valley reported for one person in the fiscal year ending June 30, 2025 was $214,297, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Rhode Island Mayoral Academy (Sm) Blackstone Valley get its money?
Of $41.1 million in revenue in the fiscal year ending June 30, 2025, 18.0% came from contributions and grants (including 6.6% from government grants) and 81.7% from program service revenue (Form 990, Part VIII).
Is Rhode Island Mayoral Academy (Sm) Blackstone Valley a registered charity?
The IRS lists EIN 27-0617933 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 202621329349302642 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501129349301205 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349315347 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310939349301616 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221339349305452 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111349349307201 · read the filing
All filings for EIN 27-0617933: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.