RIVERSIDE ACADEMY INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
RIVERSIDE ACADEMY INC (EIN 72-0691644)
Tax period
2024-06-01 to 2025-05-31
Filed
2026-04-13
IRS object ID
202621039349300902
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-04-13T05:54:58-07:00ReturnTs
Tax Period End2025-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721324247PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Errol J Dennis Jr & Associates APACBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13636 North Causeway Blvd Suite 100AddressLine1Txt
CityMetairieCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70002ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN720691644EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Riverside Academy IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRIVEBusinessNameControlTxt
Phone9855364246PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1332 Railroad AvenueAddressLine1Txt
CityReserveCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70084ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLori ZeringuePersonNm
Person TitleTreasurerPersonTitleTxt
Signature2026-04-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERROL J DENNIS JRPreparerPersonNm
PTINP00956635PTIN
Phone5048331666PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

US Address USAddress

FieldValueIRS element (for citing)
Address Line1332 Railroad AvenueAddressLine1Txt
CityReserveCityNm
State AbbreviationLAStateAbbreviationCd
ZIP700846623ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,718,073GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.riversideacademy.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1969FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionEducational institution instructing students from preschool through twelfth gradeActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee98TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$922,266PYContributionsGrantsAmt
CY Contributions Grants$1,006,004CYContributionsGrantsAmt
PY Program Service Revenue$3,215,617PYProgramServiceRevenueAmt
CY Program Service Revenue$3,345,388CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue-$84,223PYOtherRevenueAmt
CY Other Revenue-$90,485CYOtherRevenueAmt
PY Total Revenue$4,053,660PYTotalRevenueAmt
CY Total Revenue$4,260,907CYTotalRevenueAmt
PY Grants And Similar Paid$39,827PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$37,037CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,467,038PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,493,254CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$9,502PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$10,502CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$128,082CYTotalFundraisingExpenseAmt
PY Other Expenses$2,159,030PYOtherExpensesAmt
CY Other Expenses$1,928,046CYOtherExpensesAmt
PY Total Expenses$4,675,397PYTotalExpensesAmt
CY Total Expenses$4,468,839CYTotalExpensesAmt
PY Revenues Less Expenses-$621,737PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$207,932CYRevenuesLessExpensesAmt
Total Assets BOY$3,304,042TotalAssetsBOYAmt
Total Assets EOY$3,159,727TotalAssetsEOYAmt
Total Liabilities BOY$2,715,427TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,779,044TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$588,615NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$380,683NetAssetsOrFundBalancesEOYAmt
MissionEducational institution instructing students from preschool through twelfth gradeMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,826,042ExpenseAmt
Grant$86,828GrantAmt
Revenue$4,174,079RevenueAmt
DescEducational services for preschool through twelfth grade are provided for approximately 544 students. Extracurricular activities such as music, fine arts, and sports are also available to students.Desc
Total Program Service Expenses$3,826,042TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesYes (true)GamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G1IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee98EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldLAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBrandi MelanconPersonNm
Phone9855364246PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1332 Railroad AvenueAddressLine1Txt
CityReserveCityNm
State AbbreviationLAStateAbbreviationCd
ZIP700846623ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Holly Haase
Principal50.000.00Yes (X)Yes (X)$85,191$0$0
Dexter Falgoust
President8.000.00Yes (X)Yes (X)$0$0$0
Joseph Guidry
Vice President6.000.00Yes (X)Yes (X)$0$0$0
Lori Zeringue
Treasurer6.000.00Yes (X)Yes (X)$0$0$0
Christina Gordon Frank
Director5.000.00Yes (X)Yes (X)$0$0$0
Allyson Baudoin
Secretary6.000.00Yes (X)$0$0$0
Keith Brock
Director5.000.00Yes (X)$0$0$0
Shawn St Pierre
Director5.000.00Yes (X)$0$0$0
Courtney Loupe
Director5.000.00Yes (X)$0$0$0
Larry Brisset Jr
Director5.000.00Yes (X)$0$0$0
Jade Falgoust
Director5.000.00Yes (X)$0$0$0
Katie Babin
Director5.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$85,191TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$198,477FundraisingAmt
Government Grants$680,843GovernmentGrantsAmt
All Other Contributions$126,684AllOtherContributionsAmt
Noncash Contributions$60,428NoncashContributionsAmt
Total Contributions$1,006,004TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Cafeteria/bookstore sales$474,339$474,339
Extra curricular fees$188,308$188,308
Fundraising activities$171,478$171,478
Special fees-Education$27,244$27,244
Tuition and related fees$2,457,467$2,457,467

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,552TotalRevenueColumnAmt
Related Or Exempt Func Income$26,552RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,345,388TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$344,068FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$198,477ContriRptFundraisingEventAmt
Fundraising Direct Expenses$457,166FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$113,098TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$22,613GamingGrossIncomeAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,613TotalRevenueColumnAmt
Exclusion$22,613ExclusionAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,260,907TotalRevenueColumnAmt
Related Or Exempt Func Income$3,345,388RelatedOrExemptFuncIncomeAmt
Exclusion$22,613ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$37,037TotalAmt
Program Services$37,037ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$85,191TotalAmt
Program Services$17,038ProgramServicesAmt
Management And General$63,893ManagementAndGeneralAmt
Fundraising$4,260FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,150,592TotalAmt
Program Services$1,948,346ProgramServicesAmt
Management And General$187,636ManagementAndGeneralAmt
Fundraising$14,610FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,125TotalAmt
Program Services$7,142ProgramServicesAmt
Management And General$914ManagementAndGeneralAmt
Fundraising$69FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$76,612TotalAmt
Program Services$67,346ProgramServicesAmt
Management And General$8,619ManagementAndGeneralAmt
Fundraising$647FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$172,734TotalAmt
Program Services$151,843ProgramServicesAmt
Management And General$19,433ManagementAndGeneralAmt
Fundraising$1,458FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,390TotalAmt
Management And General$18,390ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$10,502TotalAmt
Fundraising$10,502FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$9,990TotalAmt
Management And General$9,990ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,104TotalAmt
Program Services$3,049ProgramServicesAmt
Management And General$55ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,258TotalAmt
Management And General$3,058ManagementAndGeneralAmt
Fundraising$200FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$61,250TotalAmt
Program Services$58,187ProgramServicesAmt
Management And General$3,063ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$320,110TotalAmt
Program Services$288,098ProgramServicesAmt
Management And General$32,012ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,174TotalAmt
Program Services$6,502ProgramServicesAmt
Management And General$2,515ManagementAndGeneralAmt
Fundraising$157FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$297TotalAmt
Program Services$297ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$99,076TotalAmt
Management And General$99,076ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$157,988TotalAmt
Program Services$140,609ProgramServicesAmt
Management And General$15,799ManagementAndGeneralAmt
Fundraising$1,580FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$306,450TotalAmt
Program Services$275,805ProgramServicesAmt
Management And General$30,645ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Cost of goods sold(Book & Caf)$280,637$280,637
Equipment rental & mtce.$102,108$101,453$655
Supplies$100,600$100,150$450
Repairs and maintenance$93,904$85,506$8,398

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$361,710TotalAmt
Program Services$256,997ProgramServicesAmt
Management And General$10,564ManagementAndGeneralAmt
Fundraising$94,149FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,468,839TotalAmt
Program Services$3,826,042ProgramServicesAmt
Management And General$514,715ManagementAndGeneralAmt
Fundraising$128,082FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$163,042BOYAmt
EOY$30,933EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$900,868BOYAmt
EOY$899,910EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$66,247BOYAmt
EOY$235,471EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$48,389BOYAmt
EOY$50,841EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$31,124BOYAmt
EOY$30,743EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,396,575LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,452,286LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,074,910BOYAmt
EOY$1,944,289EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$19,137BOYAmt
EOY$17,802EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$325BOYAmt
EOY-$50,262EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,304,042BOYAmt
EOY$3,159,727EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$643,781BOYAmt
EOY$594,565EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$605,969BOYAmt
EOY$781,595EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,465,677BOYAmt
EOY$1,402,884EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,715,427BOYAmt
EOY$2,779,044EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$588,615BOYAmt
EOY$380,683EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$588,615BOYAmt
EOY$380,683EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,304,042BOYAmt
EOY$3,159,727EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$207,932ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$58,375OtherCostOrOtherBasisAmt
Book Value$58,375BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,420,290OtherCostOrOtherBasisAmt
Depreciation$1,700,144DepreciationAmt
Book Value$720,146BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,338,653OtherCostOrOtherBasisAmt
Depreciation$1,271,183DepreciationAmt
Book Value$1,067,470BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,338,379OtherCostOrOtherBasisAmt
Depreciation$1,255,554DepreciationAmt
Book Value$82,825BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$240,878OtherCostOrOtherBasisAmt
Depreciation$225,405DepreciationAmt
Book Value$15,473BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,944,289TotalBookValueLandBuildingsAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Line 3 - Racially Nondiscriminatory Policy PublicizedAdvertisement of the nondiscrimination policy and notification of registration were published in the four newspapers that serve the area. Direct solicitation was made at churches and schools in the area that serve minority students.
Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
Schedule E, Line 5 - Explanation of Organization Discrimination by Race

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Spring FestivalEvent1Nm
Gross Receipts Event1$109,379GrossReceiptsEvent1Amt
Charitable Contri Event1$32,202CharitableContriEvent1Amt
Gross Revenue Event1$77,177GrossRevenueEvent1Amt
Cash Prizes Event1$2,050CashPrizesEvent1Amt
Entertainment Event1$46,060EntertainmentEvent1Amt
Other Direct Expenses Event1$48,930OtherDirectExpensesEvent1Amt
Event2Band Booster ClubEvent2Nm
Gross Receipts Event2$84,028GrossReceiptsEvent2Amt
Charitable Contri Event2$24,705CharitableContriEvent2Amt
Gross Revenue Event2$59,323GrossRevenueEvent2Amt
Food And Beverage Event2$270FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$99,729OtherDirectExpensesEvent2Amt
Other Events Total8OtherEventsTotalCnt
Gross Receipts Other Events$349,138GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$141,570CharitableContriOtherEventsAmt
Gross Revenue Other Events$207,568GrossRevenueOtherEventsAmt
Food And Beverage Other Events$1,413FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$258,714OthDirectExpnssOtherEventsAmt
Gross Receipts Total$542,545GrossReceiptsTotalAmt
Charitable Contributions Tot$198,477CharitableContributionsTotAmt
Gross Revenue Total Events$344,068GrossRevenueTotalEventsAmt
Cash Prizes Total Events$2,050CashPrizesTotalEventsAmt
Food And Beverage Total Events$1,683FoodAndBeverageTotalEventsAmt
Entertainment Total Events$46,060EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$407,373OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$457,166DirectExpenseSummaryEventsAmt
Net Income Summary-$113,098NetIncomeSummaryAmt

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Volunteer Labor BingofalseVolunteerLaborBingoInd
Volunteer Labor Pull TabsfalseVolunteerLaborPullTabsInd
Gross Revenue Other Gaming$22,613GrossRevenueOtherGamingAmt
Volunteer Labor Other GamingYes (true)VolunteerLaborOtherGamingInd
Volunteer Labor Other Gaming1.00000VolunteerLaborOtherGamingPct
Gross Revenue Total Gaming$22,613GrossRevenueTotalGamingAmt
Net Gaming Income Summary$22,613NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedLAStatesWhereGamingConductedCd
LicensedfalseLicensedInd
Explanation If NoNot requiredExplanationIfNoTxt
License Suspended EtcfalseLicenseSuspendedEtcInd
Gaming With NonmembersYes (true)GamingWithNonmembersInd
Member Of Other EntityfalseMemberOfOtherEntityInd
Gaming Own Facility1.00000GamingOwnFacilityPct
Individual With BooksBrandi MelanconIndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line1332 Railroad AvenueAddressLine1Txt
CityRiversideCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70084ZIPCd
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game RevfalseCntrctWith3rdPrtyForGameRevInd
Charitable Distribution RqrfalseCharitableDistributionRqrInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd
Total501c3 Org0Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeScholarships awardedGrantTypeTxt
Recipient7RecipientCnt
Non Cash Assistance$37,037NonCashAssistanceAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceGrantmaker's Description of How Grants are UsedFormAndLineReferenceDesc
ExplanationThe Board of Directors established the requirements for students eligible for scholarships. Applicants are evaluated by the Board based on that written criteria.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
LINDSAY GUIDRY
Spouse-Bd memberEmployee of schoolfalse
AMY ST PIERRE
Spouse-Bd memberEmployee of schoolfalse
CANDACE FALGOUST
Spouse Bd-memberEmployee of Schoolfalse

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (6 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Professional Services1$17,280Cost
Yes (X)Educational Supplies & Materia1$1,954Cost
Yes (X)Educational Services1$15,693Cost
Yes (X)Software1$3,595Cost
Yes (X)Travel1$8,608Cost
Yes (X)Textbooks1$13,298Cost
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, Line 2Payment of Compensation:The spouses of two Board Members are employed by the school. All are compensated at rates which are comparable to non-related employees. The spouses and amounts of annual compensation are: 1. Lindsay Guidry, spouse of Joseph Guidry $38,7732. Amy St. Pierre, spouse of Shawn St. Pierre $7,7503. Candace Falgoust, spouse of Dexter Falgoust $4,167The Principal of the School is a Board Member:1. Holly Haase $85,191.
Form 990, Part VI, Section A, Line 6Each family registering a child is considered a member. The membership is valid as long as a child is registered at Riverside Academy. If a member no longer has a child registered at Riverside Academy, the member will be charged annual dues of $25. Stockholders of the former Riverside Academy for-profit corporation are considered lifetime members. The lifetime membership may be transferred to another eligible individual for a fee of $25.
Form 990, Part VI, Section A, Line 7aAt the annual Member Meeting, the members nominate and vote on candidates for expiring positions on the Board of Directors.
Form 990, Part VI, Section A, Line 7bChanges to the Bylaws require approval by a vote of the members.
Form 990, Part VI, Section B, Line 11bEach member of the Finance Committee reviews the Form 990. The Finance Committee communicates its approval to the Board and President.
Form 990, Part VI, Section B, Line 12cEach director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the Organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted. The periodic reviews at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. When conducting the periodic reviews, the Organization may, but need not, use outside advisors. If outside experts are used, their use does not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.
Form 990, Part VI, Section B, Line 15bUpon hiring the principal, the Board agreed to pay her approximately what principals were being paid in surrounding parishes. There has been a cost of living increase each year thereafter.
Form 990, Part VI, Section C, Line 19All governance documents and financial statements are available for review during normal business hours in the Administrative Office of the School.
BUSINESS OR FAMILY RELATIONSHIP OF OFFICERSFORM 990,PART VI,LINE 2-BUSINESS OR FAMILY RELATIONSHIP OF OFFICERS, DIRECTORS, ETC.PAYMENT OF COMPENSATION:THE SPOUSES OF THREE BOARD MEMBERS ARE EMPLOYED BY THE SCHOOL. ALL TWO ARE COMPENSATED AT RATES WHICH ARE COMPARABLE TO NON-RELATED EMPLOYEES. THE SPOUSES ANDAMOUNTS OF ANNUAL COMPENSATION ARE: 1. LINDSAY GUIDRY, WIFE OF JOSEPH GUIDRY $38,773 2. AMY ST PIERRE, WIFE OF SHAWN PIERRE $7,7503. CANDACE FALGOUST, WIFE OF DEXTER FALGOUST $4,167FORM 990, PART VI, LINE 6 EXPLANATION OF CLASSES OF MEMBERS OR SHAREHOLDERSEACH FAMILY REGISTERING A CHILD IS CONSIDERED A MEMBER. THE MEMBERSHIP IS VALID ASLONG AS A CHILD IS REGISTERED AT RIVERSIDE ACADEMY. IF A MEMBER NO LONGER HAS A CHILD REGISTERED AT RIVERSIDE ACADEMY, THE MEMBER WILL BE CHARGED ANNUAL DUES OF$25. STOCKHOLDERS OF THE FORMER RIVERSIDE ACADEMY FOR-PROFIT CORPORATION ARE CONSIDERED LIFETIME MEMBERS. THE LIFETIME MEMBERSHIP MAY BE TRANSFERRED TO ANOTHERELIGIBLE INDIVIDUAL FOR A FEE OF $25.FORM 990, PART VI, LINE 7A - HOW MEMBERS OR SHAREHOLDERS ELECT THE GOVERNING BODYAT THE ANNNUAL MEMBER MEETING, THE MEMBERS NOMINATE AND VOTE ON CANDIDATES FOR EXPIRING POSITIONS ON THE BOARD OF DIRECTORS.FORM 990, PART VI, LIBE 7B - DECISIONS OF GOVERNING BODY BY MEMBERS OR SHAREHOLDERSCHANGES TO THE BYLAWS REQUIRE APPROVAL BY A VOTE OF THE MEMBERS.FORM 990, PARTVI, LINE 11B - FORM 990 REVIEW PROCESSEACH MEMBER OF THE FINANCE COMMITTEE REVIEWS THE FORM 990. THE FINANCE COMMITTEECOMMUNICATES ITS APPROVAL TO THE BOARD OF DIRECTORS AND PRESIDENT.FORM 990, PART VI, LINE 12C - EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTSEACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARDDELAGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A, HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATIONIS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGEPRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. TOENSURE THE ORGANIZATON OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES ANDDOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODICREVIEWS ARE CONDUCTED. THE PERIODIC REVIEWS AT A MINIMUM, INCLUDE THE FOLLOWINGSUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ONCOMPETENT SURVEY INFORMATION, AND THE RESULT OD ARM'S LENGTH BARGAINING. B. WHETHERPARTNERSHPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORMTO THE ORGANIZATION'S WRIITEN POLICES, ARE PROPERLY RECORDED, REFLECT REASONABLEIVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DONOT RESULT IN INUREMENT, IMPERMISSABLE PRIVATE BENEFIT OR IN AN EXCESS BENEFITTRANSACTION, WHEN CONDUCTING THE PERIODIC REVIEWS, THE ORGANIZATION MAY, BUT NEEDNOT, USE OUTSIDE ADVISORS, IF OUTSIDE EXPERTS ARE USED, THEIR USE DOES NOR RELIEVETHE GOVERNINNG BOARD OF ITSRESPONSIBILITY FOR ENSURING PERIODIC REVIEWS ARECONDUCTED.FORM 990,PART VI,LINE 15B-COMPENSATION REVIEW & APPROVAL PROCESS-OFFICERS & KEY EMPLOYEESUPON HIRING THE PRINCIPAL, THE BOARD AGREED TO PAY HER APPROXIMATELY WHAT PRINCIPALSWERE BEING PAID IN SURROUNDING PARISHES. THERE HAS BEEN A COST OF LIVING INCREASEEACH YEAR THEREAFTER.FORM 990,PART VI, LINE 19-OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLEALL GOVERNANCE DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW DURINGNORMAL BUSINESS HOURS IN THE ADMINISTRATION OFFICE OF THE SCHOOL.

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