Riverside Military Academy
Riverside Military Academy reported $11.8 million in revenue and $19.9 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $80.79 went to program services, $17.80 to management and general costs and $1.41 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.1% of the total. The highest compensation it reported for one person was $251,900 (PRESIDENT). 8 people received more than $100,000 in reportable compensation. Revenue fell 43% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $20MFor 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 May 31, 2025 · Form 990, Part VIII · total revenue $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 14.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 78.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $251,900 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.27% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 8 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 17 of 17 | 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 expenseLocated in gainesville, georgia, riverside preparatory academy is a private, boarding, preparatory school serving young men in grades 6 through 12. Riverside prep proudly implements a military model of education, refined and focused to bring out the absolute best in students and to develop simply great men. Through signature programs like cyber security and aerospace engineering, fine arts programs including music and video production, and competitive sports and other team-building activities, the experience at riverside is designed to identify the very height and breadth of potential, craft…
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 |
|---|---|---|---|---|
| PRESIDENT Officer, 53.0 hrs/week | $240,104 | $0 | $11,796 | $251,900 |
| VP OF ADVANCEMENT Officer, 53.0 hrs/week | $188,174 | $0 | $20,849 | $209,023 |
| PRESIDENT THRU 5/31/2024 Former, 53.0 hrs/week | $191,781 | $0 | $15,277 | $207,058 |
| CFO Officer, 53.0 hrs/week | $172,325 | $0 | $30,351 | $202,676 |
| COMMANDANT Highest compensated employee, 53.0 hrs/week | $133,400 | $0 | $25,754 | $159,154 |
| EXECUTIVE VP Highest compensated employee, 53.0 hrs/week | $139,121 | $0 | $1,600 | $140,721 |
| DEPUTY COMMANDANT Highest compensated employee, 53.0 hrs/week | $104,687 | $0 | $28,601 | $133,288 |
| ACADEMY SARGENT MAJOR Highest compensated employee, 53.0 hrs/week | $109,615 | $0 | $3,009 | $112,624 |
8 people received more than $100,000 in reportable compensation from Riverside Military Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $756K (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–1b17 · 17 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- 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 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 5147
- Volunteers Part I, line 615
Private foundation grants it received
11 private foundations reported grants to Riverside Military Academy totaling $53,269 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 Riverside Military 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 Riverside Military Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Riverside Military Academy spent in FY2025, $80.79 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Perseus House Charter School of ExcellenceErie, PA · revenue $12M · programs 99.5% · FY2025
- University of Wisconsin - Green Bay FoundationGreen Bay, WI · revenue $12M · programs 90.3% · 2025
- Pacifica Christian High SchoolSanta Monica, CA · revenue $12M · programs 79.3% · FY2025
- Foxcroft Academy Trustees ofDoverfoxcroft, ME · revenue $12M · programs 71.9% · FY2025
- Vision Academy Charter SchoolEast Lansdowne, PA · revenue $12M · programs 76.9% · FY2025
Questions people ask
How much of Riverside Military Academy's spending goes to programs?
In the fiscal year ending May 31, 2025, Riverside Military Academy reported that 80.8% of its $19.9 million in expenses went to program services, 17.8% to management and general and 1.4% to fundraising (Form 990, Part IX).
How much does Riverside Military Academy pay its top executive?
The largest total compensation Riverside Military Academy reported for one person in the fiscal year ending May 31, 2025 was $251,900, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Riverside Military Academy get its money?
Of $11.8 million in revenue in the fiscal year ending May 31, 2025, 14.8% came from contributions and grants and 78.1% from program service revenue (Form 990, Part VIII).
Is Riverside Military Academy a registered charity?
The IRS lists EIN 58-0616994 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 May 31, 2025, object 202642169349300019 · read the filing
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202541059349301914 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202431069349300428 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202331039349300538 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202211089349300736 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202140999349300919 · read the filing
All filings for EIN 58-0616994: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.