River Gate High School Inc
Nonprofit profile at a glance
- EIN
- 341933760
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Warren, OH, USA
- Phone
- 3306681100
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $2,751,696
- Expenses
- $2,174,934
- Assets
- $5,948,859
- Liabilities
- $2,415,626
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- THOMAS S CONLEY (PRESIDENT)
Highest reported compensation
- THOMAS S CONLEY (PRESIDENT): $2,000 total reported compensation
- SANDRA L MATLOCK (TREASURER): $1,875 total reported compensation
- PAMELA G SMITH (SECRETARY): $1,750 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide an alternative high school opportunity for at-risk and drop-out youth between the ages of 16-21. The school "...will provide a comprehensive, positive educational experience that will impart to each student the knowledge, desire and confidence needed to succeed in reaching his/her goals. The school will strive to motivate, teach, and guide each student through his/her educational growth and development... By emphasizing the development of both cognitive and social skills... In a safe, secure and clean environment."
What it reported doing in 2024
To provide educational services to 173 students.
Operating model
- Revenue model
- Grant-funded. 98% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 90
- Accountability: 86
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.4%; rating input score 65
- Program expense ratio: 82.2%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 21%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 2.74; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0.4%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: 2.4% per year; rating input score 100; 24th percentile among comparable filings
- Revenue growth: 7.1% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 21.5% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 65.4% of revenue deployed · 82.2% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.8M in reported program spending
- Leadership: top reported pay $2K · 6 people listed
- Highest-paid contractors: 1 contractor listed · $140K reported
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Liabilities to assets ratio scored 26/100.