River Islands Academies
River Islands Academies reported $45.9 million in revenue and $41.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.57 went to program services, $8.43 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.6% of the total. Government grants made up 98.0%. The highest compensation it reported for one person was $321,819 (EXECUTIVE DIRECTOR). 28 people received more than $100,000 in reportable compensation. Revenue rose 363% 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 $42MFor 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 $46M- Contributions & grants (non-government)$0.54 $250K
- Government grants$97.92 $45M
- Program service revenue$1.31 $601K
- Investment income$0.23 $104K
Other revenue was negative: −$51,170. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.4% | 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 | 98.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 98.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $321,819 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.77% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 28 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 3 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 expenseOperation of four (4) public charter schools in san joaquin county serving students from transitional kindergarten (tk) to 10th grade. The schools include: next generation steam academy (grades tk-8), River Islands technology academy ii (grades k-8), epic academy (grades tk-8), and River Islands high school (grades 9-11). We believe students learn best in educational environments providing real life opportunities to explore, understand and apply the concepts and skills necessary to become independent problem solvers. Students have the opportunity to explore and experience numerous career…
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 |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $275,862 | $0 | $45,957 | $321,819 |
| PRINCIPAL Key employee, 40.00 hrs/week | $178,753 | $0 | $32,900 | $211,653 |
| DIRECTOR OF HR/COMPLIANCE Key employee, 40.00 hrs/week | $170,655 | $0 | $32,476 | $203,131 |
| DIRECTOR OF ACADEMIC PROGR Key employee, 40.00 hrs/week | $162,876 | $0 | $31,738 | $194,614 |
| PRINCIPAL Key employee, 40.00 hrs/week | $150,046 | $0 | $28,040 | $178,086 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $142,985 | $0 | $28,040 | $171,025 |
| ACADEMIC PROGRAMS COORDINATOR Highest compensated employee, 40.00 hrs/week | $127,717 | $0 | $24,057 | $151,774 |
| ASSISTANT PRINCIPAL Highest compensated employee, 40.00 hrs/week | $127,516 | $0 | $23,114 | $150,630 |
28 people received more than $100,000 in reportable compensation from River Islands Academies (Part VII, line 2). Compensation of current officers, directors and key employees totaled $290K (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 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- 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 2Yes
- 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 5605
- Volunteers Part I, line 63
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| VANGUARD CLEANING SYSTEMS OF THE CENTRAL Cleaning services | $542,077 |
| EDTEC Business services | $459,873 |
| THE SPEECH PATHOLOGY GROUP Speech services | $281,033 |
| GIVE EVERY CHILD A CHANCE Expanded learning services | $251,425 |
| CALIFIA LLC Rents | $228,000 |
Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from River Islands Academies's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for River Islands Academies, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 River Islands Academies spent in FY2025, $91.57 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Odyssey Charter SchoolWilmington, DE · revenue $46M · programs 67.2% · FY2025
- Noble Research Institute LlcArdmore, OK · revenue $46M · programs 87.7% · 2025
- The Rivers School CorporationWeston, MA · revenue $46M · programs 80.3% · FY2025
- Heritage UniversityToppenish, WA · revenue $46M · programs 69.1% · FY2025
- Associated Students of San Diego State UniversitySan Diego, CA · revenue $46M · programs 84.4% · FY2025
Questions people ask
How much of River Islands Academies's spending goes to programs?
In the fiscal year ending June 30, 2025, River Islands Academies reported that 91.6% of its $41.5 million in expenses went to program services, 8.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does River Islands Academies pay its top executive?
The largest total compensation River Islands Academies reported for one person in the fiscal year ending June 30, 2025 was $321,819, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does River Islands Academies get its money?
Of $45.9 million in revenue in the fiscal year ending June 30, 2025, 98.6% came from contributions and grants (including 98.0% from government grants) and 1.3% from program service revenue (Form 990, Part VIII).
Is River Islands Academies a registered charity?
The IRS lists EIN 47-5327392 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 202611359349307176 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541359349315579 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349315572 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300739349300205 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202230709349300823 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141379349311724 · read the filing
All filings for EIN 47-5327392: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.