River Mill Academy

Organization Overview

River Mill Academy is located in Graham, NC. The organization was established in 2004. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, River Mill Academy employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Mill Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, River Mill Academy generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $6.6m during the year ending 06/2021. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF A NORTH CAROLINA PUBLIC CHARTER SCHOOL

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATED A PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 806 STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADE.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey Dishmon
Principal
$124,945
James Penrod
Treasurer
$0
Brent Smith
Chairman
$0
Morgan Whitney
Vice-Chairma
$0
Sherry Singer
Secretary
$0
Michelle Quinvilan-Smith
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Interconnect Products & Services
General Contrac
$178,321
Deboer & Gabriel Builders Inc
Construction
$467,781
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$215,992
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $4,527
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,142,897

Grants Recieved

Over the last fiscal year, we have identified 2 grants that River Mill Academy has recieved totaling $7,290.

Awarding OrganizationAmount
North Carolina High School Athletic

Chapel Hill, NC

PURPOSE: TO SUBSIDIZE SCHOOL COSTS.

$6,886
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$404
View Grant Recipient Profile

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