Ridgewood School Association
- Assets
- $5.1m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 38
- Location
- Springfield, OH
- Founding
- 03/1962
- Data as of
- 06/2022
- EIN
- 31-0558452
Organization Overview
Ridgewood School Association is located in Springfield, OH. The organization was established in 1962. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Ridgewood School Association employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ridgewood School Association 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 06/2022, Ridgewood School Association generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 8.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A VIRBRANT LEARNING ENVIRONMENT TO CULTIVATE THE INTELLECT, IMAGINATION AND CHARACTER OF THE STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF INDEPENDENT SCHOOL FOR PRESCHOOL THROUGH EIGHTH GRADE.
TO PROVIDE MEALS TO STUDENTS WHILE AT SCHOOL.
TO PROVIDE SUPERVISED CARE AND PROGRAMS FOR STUDENTS REQUIRING AFTER SCHOOL AND SUMMER SUPERVISION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aliya Ranginwala Head Of School | OfficerTrustee | 40 | $92,000 |
Corwin Georges Trustee | Trustee | 0 | $15,000 |
Mendy Simmons President | OfficerTrustee | 1 | $0 |
Adam Russell Vice Presid | OfficerTrustee | 1 | $0 |
Mike Fissel Treasurer | OfficerTrustee | 1 | $0 |
Marta Wojcik Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,768 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,768 |
| Total Program Service Revenue | $1,207,456 |
| Investment income | $84,203 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,430 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,478,857 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,000 |
| Compensation of current officers, directors, key employees. | $21,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $652,860 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,317 |
| Payroll taxes | $67,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,903 |
| Fees for services: Accounting | $4,883 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,645 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,795 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,747 |
| Insurance | $361 |
| All other expenses | $94,003 |
| Total functional expenses | $1,349,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $605,457 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,210 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,762,333 |
| Investments—publicly traded securities | $1,682,795 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $5,080,796 |
| Accounts payable and accrued expenses | $32,499 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $56,274 |
| Total liabilities | $88,773 |
| Net assets without donor restrictions | $4,992,023 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,080,796 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ridgewood School Association has recieved totaling $15,566.
| Awarding Organization | Amount |
|---|---|
Springfield Foundation Springfield, OH PURPOSE: EDUCATION | $15,566 |
Endowment Analysis
| Beg. Balance | $1,788,584 |
| Earnings | -$68,527 |
| Admin Expense | $12,604 |
| Net Contributions | $4,871 |
| Other Expense | $29,529 |
| Ending Balance | $1,682,795 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Hillel Day School Of Metropolitan Detroit Farmington Hills, MI | $33,929,140 | $16,693,073 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Heritage Christian Schools Inc Indianapolis, IN | $19,759,630 | $19,173,955 |
Lake Ridge Academy North Ridgeville, OH | $14,038,501 | $14,431,885 |
Philadelphia School Philadelphia, PA | $27,222,839 | $15,221,018 |
Orchard School Foundation Inc Indianapolis, IN | $60,553,415 | $15,394,463 |
Oaks Academy Inc Indianapolis, IN | $7,476,421 | $17,454,996 |
Raymond And Ruth Perelman Jewish Day School Wynnewood, PA | $42,118,135 | $13,050,794 |
Ellis School Pittsburgh, PA | $55,012,281 | $13,657,807 |
Yeshiva Derech Hatorah Cleveland Heights, OH | $14,161,211 | $18,658,686 |