Riverwalk Academy
Riverwalk Academy reported $10.2 million in revenue and $10.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.23 went to program services, $15.77 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 92.7% of the total. Government grants made up 92.6%. The highest compensation it reported for one person was $191,656 (HEAD OF SCHOOL). 1 person received more than $100,000 in reportable compensation. Revenue rose 85% 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 $10.0MFor 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 $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.8% | 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 | 92.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 92.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $191,656 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.92% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 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 expenseRiverwalk Academy serves a diverse student body of over 750 pupils spanning grades k through 12. These students hail from seven different school districts and four distinct counties.at riverwalk, we embrace a project-based learning model where instruction is driven by the students' inquiries and interests. Our educational approach includes a variety of instructional settings, from small group sessions to whole grade-level gatherings. This allows our students to engage in projects that not only enhance their classroom learning but also contribute positively to the wider school and community…
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 |
|---|---|---|---|---|
| HEAD OF SCHOOL Officer, 40.00 hrs/week | $181,291 | $0 | $10,365 | $191,656 |
1 people received more than $100,000 in reportable compensation from Riverwalk Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $181K (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–1b9 · 9 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 5112
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| VIRCO MANUFACTURING Construction | $465,260 |
| INTERSTATE FACILITY SERVICES LLC Custodial services | $181,657 |
| THERAPY A TO Z Occupational therapy | $129,657 |
| ESS SOUTHEAST LLC Staffing management | $111,367 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Riverwalk Academy totaling $160 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 Riverwalk Academy'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 Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Riverwalk Academy spent in FY2025, $84.23 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Jobs for America's Graduates - Kansas ITopeka, KS · revenue $10M · programs 87.0% · FY2025
- Mid-Columbia Childrens CouncilHood River, OR · revenue $10M · programs 88.8% · FY2024
- Platte River AcademyLittleton, CO · revenue $10M · programs 67.0% · FY2025
- DC Hebrew Language Charter SchoolWashington, DC · revenue $10M · programs 91.6% · FY2025
- Austin Area School for DyslexicsAustin, TX · revenue $10M · programs 87.5% · FY2025
All education charities · Largest charities in South Carolina
Questions people ask
How much of Riverwalk Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Riverwalk Academy reported that 84.2% of its $10.0 million in expenses went to program services, 15.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Riverwalk Academy pay its top executive?
The largest total compensation Riverwalk Academy reported for one person in the fiscal year ending June 30, 2025 was $191,656, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Riverwalk Academy get its money?
Of $10.2 million in revenue in the fiscal year ending June 30, 2025, 92.7% came from contributions and grants (including 92.6% from government grants) and 2.4% from program service revenue (Form 990, Part VIII).
Is Riverwalk Academy a registered charity?
The IRS lists EIN 46-2624840 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 202601359349316585 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511369349301011 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441319349300929 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349316179 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231309349304108 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110709349301516 · read the filing
All filings for EIN 46-2624840: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.