Skip to content

South Carolina · Nonprofit

RIVERWALK ACADEMY INC

RIVERWALK ACADEMY INC (South Carolina) receives grants from 4 organizations whose IRS filings report $3,341 to it, the largest being The Bank of America Charitable Foundation Inc ($1,300). 2 of them have funded it in more than one year.

Revenue FY2025
$10M
Funders on record
4
Grants received
$3k
Net assets
$566k
2/4 repeat funderspeak grant-dependency 0%
01What it does

What Riverwalk Academy Inc does

Mission

At riverwalk academy, our project based learning approach promotes an environment where students are seen as individuals, taught the power of positive relationships, and equipped to take ownership of their choices.

As stated on its FY2025 Form 990.

Program

  1. Riverwalk academy serves a diverse student body of over 750 pupils spanning grades k through 12. These students hail from seven different school districts and four distinct counties.at riverwalk, we embrace a project-based learning model where instruction is driven by the students' inquiries and interests. Our educational approach includes a variety of instructional settings, from small group sessions to whole grade-level gatherings. This allows our students to engage in projects that not only enhance their classroom learning but also contribute positively to the wider school and community environments.

    $8,411,682 spent$250,770 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,411,682.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4.5M) Expenses 100 ($4.6M) Net assets 100 ($498k)2018 Revenue 91 ($4.1M) Expenses 117 ($5.4M) Net assets -225 ($-1123144)2019 Revenue 103 ($4.7M) Expenses 119 ($5.5M) Net assets -380 ($-1891977)2020 Revenue 122 ($5.5M) Expenses 127 ($5.8M) Net assets -437 ($-2175863)2021 Revenue 147 ($6.7M) Expenses 87 ($4.0M) Net assets 99 ($496k)2022 Revenue 153 ($6.9M) Expenses 143 ($6.6M) Net assets 169 ($842k)2023 Revenue 178 ($8.1M) Expenses 167 ($7.7M) Net assets 246 ($1.2M)2024 Revenue 214 ($9.7M) Expenses 231 ($11M) Net assets 61 ($302k)2025 Revenue 226 ($10M) Expenses 217 ($10.0M) Net assets 114 ($566k)
'17'18'19'20'21'22'23'24'25
Revenue (226)Expenses (217)Net assets (114)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $15M to $29M (+93%).

$11M
$10M
$9.7M
$10.0M
$14M
$14M
$15M
$29M
$29M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 97% · 2018 96% · 2019 96% · 2020 98% · 2021 99% · 2022 97% · 2023 96% · 2024 93% · 2025 93%. Grants only. Government contracts and fees sit inside program revenue.

93% of RIVERWALK ACADEMY INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$67k
’17
−$1.3M
’18
−$769k
’19
−$284k
’20
$2.7M
’21
$346k
’22
$384k
’23
−$923k
’24
$263k
’25
7.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Mike Riddle

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed137971010988
Joined·+1+5+3+4+4+5+2+0
No longer listed·73514630
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $75 → $160.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RIVERWALK ACADEMY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RIVERWALK ACADEMY INC leans on a few funders — its largest provides 39% of grant income and the top three 85%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

39%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2019 62% · 2020 100% · 2021 100% · 2022 88% · 2023 63% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

RIVERWALK ACADEMY INC draws 100% of its grant income from funders outside South Carolina, across 3 states in all.

ID
NY
NC

In-state vs out-of-state, by year

’18
’19
’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. $541 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RIVERWALK ACADEMY INC holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin3% · below the median
Months of reserve7.5mo · top quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like RIVERWALK ACADEMY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for RIVERWALK ACADEMY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RIVERWALK ACADEMY INC?
RIVERWALK ACADEMY INC (South Carolina) receives grants from 4 organizations whose IRS filings report $3,341 to it, the largest being The Bank of America Charitable Foundation Inc ($1,300). 2 of them have funded it in more than one year.
How many funders does RIVERWALK ACADEMY INC have?
IRS filings report 4 organizations giving $3,341 in grants to RIVERWALK ACADEMY INC, 2 of which have funded it in more than one year.
Who is the largest funder of RIVERWALK ACADEMY INC?
The Bank of America Charitable Foundation Inc is the largest funder on record, with $1,300 in grants. The full list of funders is on this page.
How can an organization like RIVERWALK ACADEMY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Riverwalk Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing