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Washington · Nonprofit

THE RIVER ACADEMY

THE RIVER ACADEMY (Washington) receives grants from 7 organizations whose IRS filings report $321,049 to it, the largest being M J MURDOCK CHARITABLE TRUST ($181,000). 4 of them have funded it in more than one year.

Revenue FY2025
$2.5M
Funders on record
7
Grants received
$321k
Net assets
$5.8M
4/7 repeat funderspeak grant-dependency 3%
01What it does

What The River Academy does

Mission

Our purpose is to partner with parents in educating their children to become the next generation of christian leaders equipped to shape culture through faithful, wise, and joyful christian living.

As stated on its FY2025 Form 990.

Program

  1. Provide classical and christian model-based k-12 education, including all subjects in literature, science, math, language arts, and history to 300+ students.

    $1,917,326 spent$2,273,147 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,917,326.

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 ($1.2M) Expenses 100 ($1.3M) Net assets 100 ($1.1M)2018 Revenue 107 ($1.3M) Expenses 101 ($1.3M) Net assets 102 ($1.1M)2019 Revenue 115 ($1.4M) Expenses 111 ($1.4M) Net assets 102 ($1.1M)2020 Revenue 129 ($1.6M) Expenses 123 ($1.5M) Net assets 103 ($1.1M)2021 Revenue 123 ($1.5M) Expenses 76 ($955k) Net assets 154 ($1.6M)2022 Revenue 222 ($2.7M) Expenses 152 ($1.9M) Net assets 227 ($2.4M)2023 Revenue 296 ($3.6M) Expenses 179 ($2.2M) Net assets 354 ($3.7M)2024 Revenue 373 ($4.5M) Expenses 192 ($2.4M) Net assets 553 ($5.8M)2025 Revenue 208 ($2.5M) Expenses 204 ($2.6M) Net assets 549 ($5.8M)
'17'18'19'20'21'22'23'24'25
Revenue (208)Expenses (204)Net assets (549)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 $4.7M to $6.7M (+44%).

$1.2M
$1.1M
$1.1M
$1.4M
$2.0M
$2.9M
$4.7M
$6.7M
$6.6M
'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: 2021 16% · 2022 9%. Grants only. Government contracts and fees sit inside program revenue.

9% of THE RIVER ACADEMY’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$45k
’17
$23k
’18
$889
’19
$11k
’20
$533k
’21
$775k
’22
$1.3M
’23
$2.1M
’24
−$34k
’25
1.1
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.

'17'18'19'20'21'22'23'24'25
Listed578767777
Joined·+5+1+0+1+2+2+3+1
No longer listed·30121231
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 3 funders to 2 funders, grant income fell $47k → $8k.

5 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% 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 THE RIVER ACADEMY’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

THE RIVER ACADEMY leans on a few funders — its largest provides 56% of grant income and the top three 86%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

32% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE RIVER ACADEMY.

56%
largest funder
86%
top three
~3
effective funders

Largest funder’s share by year: 2020 89% · 2021 69% · 2022 59% · 2023 98% — growing more concentrated.

“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

100% of THE RIVER ACADEMY's grant income comes from Washington funders.

WA

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

’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $102k arriving through sponsors registered in 5 states 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

THE RIVER ACADEMY has grown faster than half of the 9,398 education nonprofits its size.

Operating margin−1% · below the median
Months of reserve1.1mo · bottom quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like THE RIVER ACADEMY

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 Washington

Nationally

05Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 23%Fundraising 2%

Governance

6
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 THE RIVER ACADEMY: 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.

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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 THE RIVER ACADEMY?
THE RIVER ACADEMY (Washington) receives grants from 7 organizations whose IRS filings report $321,049 to it, the largest being M J MURDOCK CHARITABLE TRUST ($181,000). 4 of them have funded it in more than one year.
How many funders does THE RIVER ACADEMY have?
IRS filings report 7 organizations giving $321,049 in grants to THE RIVER ACADEMY, 4 of which have funded it in more than one year.
Who is the largest funder of THE RIVER ACADEMY?
M J MURDOCK CHARITABLE TRUST is the largest funder on record, with $181,000 in grants. The full list of funders is on this page.
How can an organization like THE RIVER ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 River 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 7 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