Rio Grande School
- Assets
- $9.6m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 61
- Location
- Santa Fe, NM
- Founding
- 10/1979
- Data as of
- 06/2022
- EIN
- 85-0263326
Organization Overview
Rio Grande School is located in Santa Fe, NM. The organization was established in 1979. 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, Rio Grande School employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rio Grande School 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, Rio Grande School generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $4.1m during the year ending 06/2022. While expenses have increased by 1.8% 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
PROVIDE PRIMARY EDUCATION FOR STUDENTS FROM PRE-KINDERGARTEN TO THE 6TH GRADE. TO CHALLENGE EACH CHILD'S INTELLECT, TO INSPIRE EACH CHILD'S IMAGINATION, AND TO NURTURE EACH CHILD'S DESIRE TO LEARN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PRIMARY EDUCATION FOR STUDENTS FROM PRE-KINDERGARTEN TO THE 6TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ahlum Scarola Head Of Scho | Officer | 40 | $228,002 |
Rachel Gantt Assoc Head O | 40 | $102,766 | |
Rachel White Secretary | OfficerTrustee | 5 | $0 |
Lee Rand Chair | OfficerTrustee | 5 | $0 |
Kate Ferlic Vice Chair | OfficerTrustee | 5 | $0 |
Charlie Wilson Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,500 |
| Related organizations | $0 |
| Government grants | $229,823 |
| All other contributions, gifts, grants, and similar amounts not included above | $262,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500,623 |
| Total Program Service Revenue | $3,605,331 |
| Investment income | $126,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$123,684 |
| Net Income from Fundraising Events | -$194 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,120,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $744,119 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $276,747 |
| Compensation of current officers, directors, key employees. | $110,699 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,746,616 |
| Pension plan accruals and contributions | $101,566 |
| Other employee benefits | $289,046 |
| Payroll taxes | $144,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,095 |
| Fees for services: Accounting | $17,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,132 |
| Fees for services: Other | $43,579 |
| Advertising and promotion | $35,378 |
| Office expenses | $55,294 |
| Information technology | $60,936 |
| Royalties | $0 |
| Occupancy | $91,079 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,416 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $170,886 |
| Insurance | $49,909 |
| All other expenses | $0 |
| Total functional expenses | $4,085,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,692,603 |
| Savings and temporary cash investments | $323,567 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,871 |
| 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 | $105,676 |
| Net Land, buildings, and equipment | $2,213,296 |
| Investments—publicly traded securities | $5,281,554 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,647,567 |
| Accounts payable and accrued expenses | $192,269 |
| Grants payable | $0 |
| Deferred revenue | $1,290,277 |
| 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 | $0 |
| Total liabilities | $1,482,546 |
| Net assets without donor restrictions | $8,136,416 |
| Net assets with donor restrictions | $28,605 |
| 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 | $9,647,567 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rio Grande School has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Dry Fam Charitable Foundation Tr Philadelphia, PA PURPOSE: EDUCATIONAL PURPOSES | $5,000 |
Endowment Analysis
| Beg. Balance | $6,242,223 |
| Earnings | -$973,496 |
| Admin Expense | $11,042 |
| Ending Balance | $5,257,685 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Heritage Schools Inc American Fork, UT | $76,345,416 | $17,728,637 |
Varnett Schools Inc Houston, TX | $25,630,579 | $16,355,176 |
The Emery-Weiner Center For Jewish Education Houston, TX | $36,882,077 | $18,976,630 |
Vail Mountain School Vail, CO | $56,713,678 | $17,984,280 |
Harvest Power Community Development Group Inc Yuma, AZ | $16,728,343 | $18,038,703 |
Sandia School Albuquerque, NM | $27,571,490 | $14,904,182 |
Fort Bend Christian Academy Sugar Land, TX | $31,881,778 | $16,006,683 |
The Lamplighter School Dallas, TX | $61,812,607 | $20,667,782 |
St Annes Episcopal School Inc Denver, CO | $46,260,720 | $15,462,450 |
Highline Academy Incorporation Denver, CO | $14,864,642 | $15,484,851 |
Ser Ninos Inc Houston, TX | $64,261,169 | $15,924,628 |
Legacy Traditional School-Phoenix Chandler, AZ | $39,660,573 | $11,666,395 |