GOLD2023

Riverside School, Inc.

North Chesterfield, VA   |  www.riversideschool.org
GuideStar Charity Check

Riverside School, Inc.

EIN: 54-0895408


Mission

Riverside School transforms the lives of students with dyslexia and similar language-based learning differences while supporting a community of highly trained teachers and staff who specialize in educating these students to their highest potential

Ruling year info

1975

Head of School

Mr. Hal Waller

Main address

2110 McRae Road

North Chesterfield, VA 23235 USA

Show more contact info

EIN

54-0895408

Subject area info

Elementary education

Special needs education

Reading promotion

Learning disorders

Population served info

Children and youth

People with disabilities

Students

NTEE code info

Specialized Education Institutions/Schools for Visually or Hearing Impaired, Learning Disabled (B28)

Primary/Elementary Schools (B24)

Remedial Reading, Reading Encouragement (B92)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Dyslexia and similar language-based learning differences affect 1 in 5 people. While a child with dyslexia may have normal or above-normal intelligence, and often a great desire to learn, their brain processes letters, words and characters differently. This makes it difficult to recognize certain letters and/or words, harder to comprehend and process written passages, and often challenging to read aloud or “sound out” a word or specific spelling.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Language Fundamentals

Riverside's Language Fundamentals (LF) Program is the keystone of our transformative approach to education. Our LF Program includes highly-specialized, one-on-one, multisensory instruction that is provided to every student as part of the curriculum. All students receive 45 minutes of one-on-one reading instruction 4 days a week. Students with dyslexia are bright kids who just learn differently. They need more help in sorting, recognizing, and organizing the raw materials of language. LF uses the Orton-Gillingham Approach, which capitalizes on students’ strengths to help remediate their weaknesses. Each teacher designs specialized teaching strategies for every child based on their abilities, and the program includes direct instruction in elements of language and reading, including phonemic awareness, syllable patterns, sound-symbol relationships, vocabulary, fluency, and comprehension. Our highly skilled teachers receive extensive training in the Orton-Gillingham Approach.

Population(s) Served
Children and youth
People with learning disabilities

Riverside’s Art and Music Programs are unique avenues for self-discovery and self-expression, and help students foster an increased understanding of the world around them. The program includes a studio art class led by an art therapist and the music discovery program. Students have the opportunity to manipulate materials and the environment in the studio, and symbolically explore, organize, and assimilate meaning from a complex world of ideas and experience. The music program introduces students to basic components of music such as rhythm and pitch, and includes instruction on instruments such a Orff instruments and percussion.

Population(s) Served
Children and youth
People with learning disabilities

“The best thing about Riverside is the class size. I pay attention
better here. It’s not so overwhelming.” – Current Riverside StudentOur students thrive in classrooms that offer multisensory instruction and hands-on learning, and our programs are designed to foster self-esteem and self-advocacy. Classes are kept intentionally small at Riverside, with an average of 11 students per classroom. This allows our teachers to provide direct, individualized instruction and allows our students to flourish in a nurturing environment. Every classroom at Riverside is equipped with SmartBoards and students have access to laptops, iPads, and educational applications designed to support cross-curricular instruction. In addition to core academic content such as math, social studies, and science, Riverside offers physical education, ballroom dance, expressive arts and music, service learning opportunities, and social skills.

Population(s) Served
Children and youth
People with learning disabilities

Where we work

Accreditations

Virginia Association of Independent Schools 2018

Southern Association of Independent Schools 2018

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Riverside School's primary goal is to equip our students with the abilities and strategies they need to succeed. A secondary goal is to heighten awareness of dyslexia and the methods available to unlock the potential of dyslexic students.

It’s important to remember that while dyslexia is neurobiological in origin, it has an educational solution. At Riverside School, we provide a style of teaching that meets the individual needs of students with language-based learning differences, encouraging them to achieve their highest academic potential.

Riverside also provides training and outreach programs. These programs and workshops are offered to students, parents, educators and the medical community and are designed to not only increase understanding of dyslexia, but also provide assistance to educators and parents who work with children who have language-based learning differences.

Riverside is the only Orton-Gillingham Academy-Accredited school to offer one-on-one language instruction to all students as part of its curriculum.

We offer a different way of teaching, specifically designed to meet the educational needs of students in grades K-8 with dyslexia and similar language-based differences. Our students benefit from small class sizes, individualized curriculum, physical education, ballroom dance, expressive arts, and classroom technology including SmartBoards and laptops for all students.

The scientifically validated Orton-Gillingham Approach is used in the classroom and in one-on-one Language Fundamentals Instruction provided to each student for 45 minutes a day, four days a week. Each teacher seeks to understand how an individual learns and devises an appropriate, individualized teaching strategy for the student.

Since our founding more than 45 years ago, Riverside School has transformed the lives of more than 1,000 at-risk children in Central Virginia, helping them to achieve literacy and become successful, productive members of society. Thanks to the leasing of additional classroom and recreational space in 2018, we have increased enrollment to our highest ever level. In the future, we aim to continue providing the gold-standard in dyslexic education as well as expand and enhance our teacher training and outreach programs.

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

1.48

Average of 3.91 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

9.6

Average of 8.3 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

20%

Average of 19% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Riverside School, Inc.

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Riverside School, Inc.

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Riverside School, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Riverside School, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $73,261 $213,621 $267,508 $587,586 $96,316
As % of expenses 3.3% 8.5% 10.1% 19.6% 2.9%
Unrestricted surplus (deficit) after depreciation $6,635 $143,152 $191,956 $504,851 -$34,540
As % of expenses 0.3% 5.5% 7.0% 16.4% -1.0%
Revenue composition info
Total revenue (unrestricted & restricted) $2,301,916 $2,879,521 $2,925,676 $3,621,198 $5,329,696
Total revenue, % change over prior year 14.7% 25.1% 1.6% 23.8% 47.2%
Program services revenue 85.9% 81.6% 86.6% 72.3% 56.9%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.4% 0.7% 0.7% 0.6% 0.4%
Government grants 0.0% 0.0% 0.0% 10.2% 0.0%
All other grants and contributions 13.7% 17.9% 12.7% 16.5% 42.2%
Other revenue 0.0% -0.2% 0.0% 0.4% 0.5%
Expense composition info
Total expenses before depreciation $2,234,517 $2,525,306 $2,661,473 $2,995,391 $3,269,453
Total expenses, % change over prior year 13.3% 13.0% 5.4% 12.5% 9.1%
Personnel 78.4% 76.9% 76.7% 70.0% 68.6%
Professional fees 1.2% 1.7% 1.0% 2.6% 1.8%
Occupancy 1.1% 8.4% 8.6% 10.1% 14.6%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 4.8% 4.8% 5.6% 9.6% 5.3%
All other expenses 14.4% 8.2% 8.0% 7.6% 9.6%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $2,301,143 $2,595,775 $2,737,025 $3,078,126 $3,400,309
One month of savings $186,210 $210,442 $221,789 $249,616 $272,454
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $1,929,278 $0
Total full costs (estimated) $2,487,353 $2,806,217 $2,958,814 $5,257,020 $3,672,763

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 6.4 6.9 8.9 8.0 9.6
Months of cash and investments 8.8 9.4 11.5 11.0 12.4
Months of estimated liquid unrestricted net assets 3.6 4.0 4.8 -1.1 5.4
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $1,194,699 $1,452,061 $1,980,469 $1,990,612 $2,606,498
Investments $435,872 $528,492 $569,367 $750,214 $784,517
Receivables $47,355 $34,806 $38,623 $79,795 $1,257,843
Gross land, buildings, equipment (LBE) $2,695,405 $2,718,927 $2,769,226 $4,698,382 $4,791,956
Accumulated depreciation (as a % of LBE) 41.6% 43.8% 45.7% 28.7% 30.9%
Liabilities (as a % of assets) 15.7% 14.6% 21.2% 37.3% 29.0%
Unrestricted net assets $2,236,327 $2,379,479 $2,571,435 $3,076,286 $3,041,746
Temporarily restricted net assets $90,198 $186,110 N/A N/A N/A
Permanently restricted net assets $425,014 $495,028 N/A N/A N/A
Total restricted net assets $515,212 $681,138 $684,269 $830,758 $2,644,948
Total net assets $2,751,539 $3,060,617 $3,255,704 $3,907,044 $5,686,694

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Head of School

Mr. Hal Waller

Number of employees

Source: IRS Form 990

Riverside School, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Riverside School, Inc.

Board of directors
as of 07/03/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Boyce Adams

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Term: 2023 - 2025

Jeff Allende

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Anthony Troy

Community Volunteer

Jerry King

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Boyce Adams

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Eliza Bullock

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Erika McMullen

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Nate Casey

Trilogy Mentors

Dick Fowlkes

Peter Blair Accessories

James Millhiser

Community Volunteer

Clay Reynolds

Community Volunteer

Teresa Downs

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Michael Falcone

Stephen Gould

Sam Stone

Stone's Office Equipment

Scott Redmond

Redmond Asset Management