THE RIVERS SCHOOL CORPORATION Charity Report

Public IRS 990 nonprofit record

THE RIVERS SCHOOL CORPORATION

EIN 04-2104457 · Recreation & Sports (N)

What they do

THE RIVERS SCHOOL is A COED COLLEGE PREPARATORY DAY SCHOOL for GRADES 6 THROUGH 12. RIVERS INSPIRES EVERY STUDENT to PURSUE EXCELLENCE, THRIVE IN A COMMUNITY of CONNECTION and BELONGING, and CREATE THEIR OWN PATH to A LIFE of IMPACT and PURPOSE. CORE VALUESGUIDED BY OUR PHILOSOPHY of EXCELLENCE WITH HUMANITY, WE VALUE:INTEGRITY - WE ARE COMMITTED to ALIGNING OUR ACTIONS WITH OUR VALUES IN THE CONTINUING PURSUIT of COURAGE, HONESTY, and TRUTH.PERSEVERANCE - WE EMBRACE CHALLENGES and MAKE SPACE for DISCOMFORT AS WE BUILD RESILIENCE and SUPPORT INDIVIDUAL and COLLECTIVE GROWTH.EMPATHY - WE SEEK to UNDERSTAND and CONNECT WITH ONE ANOTHER to FOSTER A COMMUNITY of MUTUAL RESPECT and CARE.CURIOSITY - WE PRIORITIZE LEARNING THAT is GROUNDED IN OUR NATURAL SENSE of WONDER and SHAPED BY EXPLORING COMPLEX QUESTIONS IN AN ONGOING PROCESS of DISCOVERY.JOY - WE DELIGHT IN ENGAGING WITH OUR WORK and WITH EACH OTHER, CELEBRATING OUR PASSIONS and THE FULLEST EXPRESSION of OURSELVES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders40 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.38%of revenue went to mission work80.3% of expenses · Program services

5.33%of revenue went to fundraising5.4% of expenses

$98.90spent for every $100 of revenueRevenue covered expenses this year.

14.19%of revenue went to management and office costs14.4% of expenses

$2.83in assets for every $1 spent this yearSome assets cannot be spent right away.

13.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $704,104 for RYAN S DAHLEM (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$45,867,933

Mission workProgram services$36,407,85979.38% of revenue80.3% of expenses

ManagementOffice and general costs$6,510,37414.19% of revenue14.4% of expenses

FundraisingAsking for donations$2,444,6275.33% of revenue5.4% of expenses

Revenue left after expensesReported annual surplus$505,0731.10% of revenueShown in gray on the chart

Total expenses$45,362,86098.90% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.3% mission · 14.4% management · 5.4% fundraisingTotal expenses: 98.90% of revenue

2023Expense mix: 80.5% mission · 13.3% management · 6.2% fundraisingTotal expenses: 104.55% of revenue

2022Expense mix: 79.0% mission · 15.2% management · 5.8% fundraisingTotal expenses: 94.88% of revenue

2021Expense mix: 79.0% mission · 15.7% management · 5.3% fundraisingTotal expenses: 98.85% of revenue

2020Expense mix: 78.7% mission · 16.7% management · 4.6% fundraisingTotal expenses: 84.70% of revenue

2019Expense mix: 80.0% mission · 14.5% management · 5.5% fundraisingTotal expenses: 87.59% of revenue

2018Expense mix: 79.3% mission · 14.1% management · 6.5% fundraisingTotal expenses: 85.04% of revenue

2017Expense mix: 85.2% mission · 9.2% management · 5.6% fundraisingTotal expenses: 80.80% of revenue

Money in and money out

Revenue$45,867,933

Expenses$45,362,860

Annual surplus $505,073 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$36,407,859 · 80.3% of expenses

Management and office costs$6,510,374 · 14.4% of expenses

Fundraising$2,444,627 · 5.4% of expenses

See all reported dollar amounts

Revenue$45,867,933

Expenses$45,362,860

Assets$128,206,705

Income$62,284,100

Contributions$5,977,168

Mission work (program services)$36,407,859

Fundraising$2,444,627

Management and general$6,510,374

Stocks and bonds$1,549,566

Accounting fees$73,150

Investing fees$35,781

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RYAN S DAHLEMHEAD OF SCHOOL · 60 hrs/week $704,104Base $540,421 · Other $163,683

KRISTEN KELLEHERASSOC HEAD SCHOOL DEVEL&EX · 60 hrs/week $354,636Base $271,702 · Other $82,934

MELISSA ANDERSONHEAD OF UPPER SCHOOL · 50 hrs/week $316,644Base $188,825 · Other $127,819

JONATHAN D WASSERMANCHIEF FINANCIAL OFFICER · 60 hrs/week $293,312Base $268,495 · Other $24,817

EDWARD V PARSONSFORMER HEAD OF SCHOOL - TERMED 6/ $247,596Base $233,333 · Other $14,263

JAMES M LONGASSISTANT HEAD OF SCHOOL · 50 hrs/week $237,771Base $183,749 · Other $54,022

JENNY JUN-LEI KRAVITZDIRECTOR OF EQUITY & INCLUSION · 50 hrs/week $225,326Base $163,400 · Other $61,926

YASSINE TALHAOUIDIRECTOR OF ADMISSIONS · 50 hrs/week $193,523Base $170,215 · Other $23,308

COLETTE PORTERDIRECTOR OF MARKETING & CO · 50 hrs/week $174,305Base $163,727 · Other $10,578

JOAN WHALENASSISTANT CLERK · 38 hrs/week $120,249Base $88,283 · Other $31,966

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (40)

RYAN S DAHLEMHEAD OF SCHOOL

KRISTEN KELLEHERASSOC HEAD SCHOOL DEVEL&EX

MELISSA ANDERSONHEAD OF UPPER SCHOOL

JONATHAN D WASSERMANCHIEF FINANCIAL OFFICER

EDWARD V PARSONSFORMER HEAD OF SCHOOL - TERMED 6/

JAMES M LONGASSISTANT HEAD OF SCHOOL

JENNY JUN-LEI KRAVITZDIRECTOR OF EQUITY & INCLUSION

YASSINE TALHAOUIDIRECTOR OF ADMISSIONS

COLETTE PORTERDIRECTOR OF MARKETING & CO

JOAN WHALENASSISTANT CLERK

SAMIA KIRMANITRUSTEE - ELECTED 6/4/25

MEGHAN G SWENSONOFFICER - ELECTED 6/4/25

ALISON MONAGHANTRUSTEE

MICHAEL LEETRUSTEE

PENELOPE R FIREMANTRUSTEE

PETER WALTERVICE PRESIDENT - ELECTED 6/4/25

RACHEL HUNTER-GOLDMANTRUSTEE

ROGER RANDALLTRUSTEE

ALISON HALLCLERK

MARC ROSENFELDTRUSTEE

SCOTT HOLMESTRUSTEE

SHEILA HIATTOFFICER - TERMED 6/4/25

SUSAN JANOSKYTRUSTEE - TERMED 6/24/25

SUSAN RAPPLETRUSTEE - TERMED 6/24/25

ALAN D ROSE JRPRESIDENT

MARK BENJAMINOFFICER - ELECTED 6/4/25

JAMES CROOMTRUSTEE

MARC CARTERTRUSTEE - ELECTED 6/4/25

LUCIUS TAYLORTRUSTEE - ELECTED 6/4/25

LOUISE CUMMINGSOFFICER

ANDREW C DELINSKYTRUSTEE

KIERA CARLISLETRUSTEE

KENNETH STILLWELLTREASURER

KATHRYN FAGINTRUSTEE

JULIE LEETRUSTEE

JULIE CONDRONTRUSTEE

JONATHAN H PAULVICE PRESIDENT - TERMED 6/4/25

CHRIS LEETRUSTEE

JOHN MALDONADOTRUSTEE

DERRICK ROSSITRUSTEE

About this charity

Recognized since: January 1932
Location: 333 WINTER STREET, WESTON, MA 024931040
County: Middlesex
In care of: KENNETH STILLWELL
Primary officer: KENNETH STILLWELL, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(781) 235-9300

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MILLER WACHMAN LLP
NTEE classification: Recreation & Sports (N)
IRS tax category: Recreation & Sports