Riverside Military Academy Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PREPARE ETHICAL YOUNG MEN OF CHARACTER FOR SUCCESS IN COLLEGE AND IN LIFE THROUGH THE PROVISION OF A RIGOROUS ACADEMIC PROGRAM, LEADERSHIP OPPORTUNITIES, COMPETITIVE ATHLETICS, EXTENSIVE CO-CURRICULARS, AND THE STRUCTURE AND DISCIPLINE INHERENT IN A MILITARY COLLEGE PREPARATORY SCHOOL ENVIRONMENT.
- Income
- $11.8 million
- Spending
- $19.9 million
- Spent on programs
- 81%
- Reserves
- -27.9 months of spending
- Largest source of income
- fees for its services, 78%
- Employees
- 147
- Volunteers
- 15
- Highest pay
- $251,900, president
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 32 out of 100. Higher than 5% of charities in its peer group (education, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 96% of what it owns.
Living within its means
0 of 15Spending exceeded income by 68% of income.
Income trend
15 of 15Income rose 3% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 16 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 10% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2517 of 17 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $16.0 million spent. LOCATED IN GAINESVILLE, GEORGIA, RIVERSIDE PREPARATORY ACADEMY IS A PRIVATE, BOARDING, PREPARATORY SCHOOL SERVING YOUNG MEN IN GRADES 6 THROUGH 12. RIVERSIDE PREP PROUDLY IMPLEMENTS A MILITARY MODEL OF EDUCATION, REFINED AND FOCUSED TO BRING OUT THE ABSOLUTE BEST IN STUDENTS AND TO DEVELOP SIMPLY GREAT MEN. THROUGH SIGNATURE PROGRAMS LIKE CYBER SECURITY AND AEROSPACE ENGINEERING, FINE ARTS PROGRAMS INCLUDING MUSIC AND VIDEO PRODUCTION, AND COMPETITIVE SPORTS AND OTHER TEAM-BUILDING ACTIVITIES, THE EXPERIENCE AT RIVERSIDE IS DESIGNED TO IDENTIFY THE VERY HEIGHT AND BREADTH OF POTENTIAL, CRAFT EXEMPLARY CHARACTER, AND PREPARE STUDENTS FOR A LIFETIME OF LEADERSHIP, ACCOMPLISHMENT, AND FULFILLMENT. COLLEGES NATIONWIDE RECOGNIZE THE VALUE OF A RIVERSIDE PREP EDUCATION AS OUR 2025 GRADUATES WERE OFFERED $3,054,488 IN ACADEMIC SCHOLARSHIPS AND $517,020 IN ROTC SCHOLARSHIPS FOR A TOTAL OF $3,571,508 AND WERE ACCEPTED TO 75 DIFFERENT COLLEGES, UNIVERSITIES, AND SERVICE ACADEMIES NATIONWIDE, INCLUDING PENN STATE, NY INSTITUTE OF TECHNOLOGY, GA TECH UGA & COLORADO SCHOOL OF MINES - JUST TO NAME A FEW. AT RIVERSIDE PREP, STUDENTS NOT ONLY ACHIEVE ACADEMIC EXCELLENCE, THEY EXPERIENCE WHAT IT'S LIKE TO BE PART OF A BROTHERHOOD, BECOME MENTORS, AND GAIN TRUE AND COMPLETE UNDERSTANDING OF THEIR POTENTIAL.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1941.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.