River Mill Academy
Graham, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,618,720↓6% | $6,939,663↓2% | $13,716,946↑6% | |
| 2022 | $8,126,741↑14% | $7,047,777↑8% | $12,915,784↓15% | — |
| 2021 | $7,142,897 | $6,555,079↑2% | $15,187,691↑10% | — |
| 2020 | $7,164,524↑1% | $6,438,886↑8% | $13,855,503↓2% | — |
| 2019 | $7,121,264↑9% | $5,961,516 | $14,120,466↑8% | — |
| 2018 | $6,518,714↑3% | $5,966,131↑10% | $13,083,029↑16% | — |
| 2017 | $6,339,735↑19% | $5,426,370↑22% | $11,260,328↑12% | — |
| 2016 | $5,328,386↑12% | $4,447,214↑2% | $10,064,872↑9% | — |
| 2015 | $4,765,300↑16% | $4,359,304↑9% | $9,272,275↑17% | — |
| 2014 | $4,122,311↓3% | $4,001,276↑1% | $7,923,279↑14% | — |
| 2013 | $4,235,651↑1% | $3,971,991↑9% | $6,957,015 | — |
| 2012 | $4,213,617↓4% | $3,641,540↑3% | $6,938,799↑5% | — |
| 2011 | $4,367,666 | $3,552,113 | $6,587,072 | — |
Frequently Asked Questions
What does River Mill Academy do?▼
River Mill Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is River Mill Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, River Mill Academy has a score of 58/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does River Mill Academy generate?▼
River Mill Academy reports $8.7M in annual revenue and holds $14.9M in total assets, based on IRS filings.
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