2025-04-15T12:30:01-05:00 2024-05-31 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 2100 ATLANTA GA 30363 990 2023-06-01 580616994 RIVERSIDE MILITARY ACADEMY INC % EMMETT FORRESTER RIVE 7705326251 2001 RIVERSIDE DRIVE GAINESVILLE GA 30501 ROBERT B DANIEL PRESIDENT 7705382189 2025-04-15 true true SABRE J LINAHAN P01372980 4048746244 2025-04-15 2023 2025-03-06 01:10:19Z ROBERT B DANIEL 2001 RIVERSIDE DRIVE GAINESVILLE GA 30501 14311884 false X WWW.RIVERSIDEMILITARY.COM X 1907 GA TO PREPARE ETHICAL YOUNG MEN OF CHARACTER FOR SUCCESS THROUGH ACADEMICS, LEADERSHIP, ATHLETICS, CO-CURRICULARS, AND THE STRUCTURE & DISCIPLINE OF A MILITARY COLLEGE PREP ENVIRONMENT. 15 15 165 20 0 2225270 1008022 12216369 9357383 478819 868057 222413 263553 15142871 11497015 1642699 1597452 0 0 9335002 8752983 0 0 385950 11459350 10582951 22437051 20933386 -7294180 -9436371 71204262 61180810 51759915 50500077 19444347 10680733 X 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. false false 16783217 1597452 9462753 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 ... (CONTINUED ON SCHEDULE O) 16783217 true true false false false false false false false true true false false false true true false true true false false false true false false false false false true true true false false false false false false false false false false true false false false false true false false false true 11 0 true 165 true false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true false true true false GA X EMMETT FORRESTER 7705382189 2001 RIVERSIDE DRIVE GAINESVILLE GA 30501 X STANLEY C PRECZEWSKI PRESIDENT THRU 5/31/2024 53.0 0.0 X 329124 0 19559 ELLEN G DEFOOR VP OF ADVANCEMENT 53.0 1.0 X 162629 0 19191 ROBERT B DANIEL EXECUTIVE VP / INCOMING PRES 53.0 0.0 X 161897 0 15091 LAURA A MAXWELL FORMER CFO - THRU 7/7/23 53.0 0.0 X 129280 0 22810 ADAM CARTER DEPUTY COMMANDANT 53.0 0.0 X 124874 0 26922 RENDER MITCHELL VP OF ENROLLMENT MANAGEMENT 53.0 0.0 X 121027 0 29922 JONATHAN POOLEY COMMANDANT 53.0 0.0 X 126256 0 18264 DAVID LEE SENIOR ARMY INSTRUCTOR 53.0 0.0 X 128580 0 3848 RICHARD CRUMLEY ACADEMIC DEAN 53.0 0.0 X 124874 0 1784 EMMETT B FORRESTER CFO - AS OF 9/1/23 53.0 0.0 X 77191 0 8855 DANIEL J KAUFMAN PHD CHAIRMAN 1.0 0.0 X 0 0 0 ANTHONY M HERDENER VICE CHAIRMAN, TREASURER 1.0 1.0 X 0 0 0 JOHN W JACOBS III SECRETARY 1.0 1.0 X 0 0 0 FOSTER BACHSCHMIDT TRUSTEE 1.0 0.0 X 0 0 0 RUBEN A BARAHONA TRUSTEE 1.0 0.0 X 0 0 0 WHITNEY H OWENS TRUSTEE 1.0 0.0 X 0 0 0 JOHN JETTE CAMPBELL Trustee 1.0 1.0 X 0 0 0 WILLIAM B CARR JR TRUSTEE 1.0 0.0 X 0 0 0 DREW W HORNER TRUSTEE 1.0 0.0 X 0 0 0 ERNEST T LOPEZ III TRUSTEE 1.0 0.0 X 0 0 0 DR LARRY JEFFREY PAYNE TRUSTEE 1.0 0.0 X 0 0 0 JONATHAN A POPE TRUSTEE 1.0 1.0 X 0 0 0 JAMES R VAN ARSDALE TRUSTEE 1.0 0.0 X 0 0 0 ZAK HAQUE TRUSTEE 1.0 0.0 X 0 0 0 ANDREW ZAGER TRUSTEE 1.0 1.0 X 0 0 0 1485732 0 166246 9 false true false ARAMARK SERVICES INC PO BOX 978839 DALLAS TX 76397 DINING SERVICES 1348018 CLARK-MAYNOR LLC 4190 CLEVELAND HWY GAINESVILLE GA 30506 LAUNDRY SERVICES 304227 RUSSELL LANDSCAPE LLC PO BOX 63220 CHARLOTTE NC 28263 LANDSCAPE SERVICES 207022 SUPREME MAINTENANCE ORGANIZATION I 108 POMONA DR GREENSBORO NC 27407 CUSTODIAL SERVICES 178430 BROHMTEK TECHNOLOGY SERVICES 124 HIGH ST STE I/J GAINESVILLE GA 30501 TECHNOLOGY SERVICES 102989 5 1008022 139566 1008022 TUITION 611710 8874607 8874607 AUXILLARY SERVICES 611710 452776 452776 SUMMER PROGRAMS 611710 30000 30000 9357383 824943 824943 0 0 0 0 0 2671775 316 2628961 16 42814 300 43114 43114 0 0 0 0 0 0 344075 185892 158183 158183 MISCELLANEOUS REVENUE 900099 105370 105370 105370 11497015 9462753 1026240 0 1479152 1479152 118300 118300 0 933579 645238 255249 33092 0 6514727 4544619 1737027 233081 217663 142182 68188 7293 543331 349195 176676 17460 543683 358831 166449 18403 0 37958 37958 68750 68750 0 0 32904 32904 753815 218579 535198 38 375926 375926 84238 73900 9479 859 124064 99383 24681 0 1157524 923783 233741 206072 172732 29868 3472 0 0 2532085 2403654 128431 0 2807025 2666674 140351 547155 451334 95821 FOOD SERVICES 1259226 1259226 LAUNDRY FEES 308095 308095 STUDENT ACTIVITIES & ATHLETICS 132119 125437 6682 BAD DEBT EXPENSE 66977 66977 89018 16766 72252 20933386 16783217 3764219 385950 1049698 0 3275933 3275933 540570 462678 2812569 173587 0 0 0 0 0 0 881053 873223 595305 288099 117872859 73738537 46478095 44134322 15568003 11970189 0 0 0 0 0 0 3036 2779 71204262 61180810 1429466 1283926 0 0 764892 339019 48514366 47750835 0 0 0 0 0 0 0 0 1051191 1126297 51759915 50500077 X 12972231 2719872 6472116 7960861 19444347 10680733 71204262 61180810 X -9436371 672476 281 X false true X true false X 918258 5539304 7071879 2225270 1008022 16762733 0 0 918258 5539304 7071879 2225270 1008022 16762733 3227867 13534866 907292 298440 334565 415105 824943 2780345 0 0 19543078 71832699 0.69257 0.78400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14191010 315096 1287557 4815648 10978015 19180487 1139092 190924 6319493 14191010 21983805 1220610 -584812 3439116 19180487 22146958 1098235 4468900 5730288 21983805 26218565 155920 1501339 5728866 22146958 0.42850 0.57150 false false 791124 791124 97724396 57819873 39904523 6024540 3857023 2167517 13332799 12061641 1271158 44134322 0 BOND PREMIUM 105884 ACCRUED BOND INTEREST PAYABLE 680392 MISCELLANEOUS LIABILITIES 101550 BOND INTEREST RECEIVABLE 7615 UNAMORTIZED FLIK INVESTMENT 230856 1126297 X SCHEDULE D, PART V, LINE 4 THE ACADEMY'S ENDOWMENT CONSISTS OF TWENTY INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS. SCHEDULE D, PART X, LINE 2 THE ACADEMY IS A TAX-EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO INCOME TAXES. THE ACADEMY ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE ACADEMY TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. IN GENERAL, THE ACADEMY IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR TAX YEARS ENDING BEFORE MAY 31, 2021. true true false true true true true false false false false false false false false false false true SCHEDULE E, PART I, LINE 3 THE ADMISSIONS APPLICATION BOOKLET CONTAINS THE POLICY AND TWO PUBLIC COMMUNICATIONS ARE MADE EACH YEAR IN EDUCATIONAL PUBLICATIONS. ADDITIONALLY, THE POLICY IS ON THE ACADEMY'S WEBSITE AT: WWW.RIVERSIDEMILITARY.COM/NETCOMMUNITY/REQUESTINFO_APPLY true Middle East and North Africa 0 0 Grantmaking TUITION DISCOUNTS 50550 Central America and the Caribbean 0 0 Grantmaking TUITION DISCOUNTS 44000 Russia and the Newly Independent States 0 0 Grantmaking TUITION DISCOUNTS 15000 Central America and the Caribbean 0 0 Grantmaking TUITION DISCOUNTS 6250 Middle East and North Africa 0 0 Grantmaking SCHOLARSHIPS 2500 0 0 0 0 118300 118300 TUITION DISCOUNTS Middle East and North Africa 2 50550 TUITION ASSISTANCE BOOK TUITION DISCOUNTS Central America and the Caribbean 3 44000 TUITION ASSISTANCE BOOK TUITION DISCOUNTS Russia and the Newly Independent States 1 15000 TUITION ASSISTANCE BOOK TUITION DISCOUNTS East Asia and the Pacific 1 6250 TUITION ASSISTANCE BOOK SCHOLARSHIPS Middle East and North Africa 1 2500 SCHOLARSHIPS BOOK false false false false false false SCH F, PART I, LINE 2 THE FINANCIAL AID DEPARTMENT MAINTAINS RECORDS TO SUBSTANTIATE ALL AMOUNTS GIVEN IN FINANCIAL AID. PARENTS COMPLETE AN APPLICATION WITH FINANCIAL INFORMATION ON A FACTS TUITION MANAGEMENT FORM THAT PROVIDES "EXPECTED FAMILY CONTRIBUTION (EFC)" DATA. THE DIRECTOR OF ADMISSIONS REVIEWS THE GAP BETWEEN THE COST TO ATTEND AND THE EFC. IF SIGNIFICANT AID IS INDICATED, THE QUESTION OF HOW MUCH IS PRESENTED TO THE CFO AND FINALLY TO THE PRESIDENT FOR RESOLUTION. true TUITION DISCOUNTS 117 1397152 BOOK TUITION ASSISTANCE SCHOLARSHIPS 11 82000 BOOK SCHOLARSHIPS SCHEDULE I, PART I, LINE 2 THE FINANCIAL AID DEPARTMENT MAINTAINS RECORDS TO SUBSTANTIATE ALL AMOUNTS GIVEN IN FINANCIAL AID. PARENTS COMPLETE AN APPLICATION WITH FINANCIAL INFORMATION ON A FACTS TUITION MANAGEMENT FORM THAT PROVIDES "EXPECTED FAMILY CONTRIBUTION (EFC)" DATA. THE DIRECTOR OF ADMISSIONS REVIEWS THE GAP BETWEEN THE COST TO ATTEND AND THE EFC. IF SIGNIFICANT AID IS INDICATED, THE QUESTION OF HOW MUCH IS PRESENTED TO THE CFO AND FINALLY TO THE PRESIDENT FOR RESOLUTION. X X true false X X false false false false false false false false false STANLEY C PRECZEWSKI PRESIDENT THRU 5/31/2024 319124 0 10000 19559 561 349244 0 LAURA A MAXWELL FORMER CFO - THRU 7/7/23 129280 0 0 11341 12222 152843 0 ROBERT B DANIEL EXECUTIVE VP / INCOMING PRES 161897 0 0 9629 6104 177630 0 ELLEN G DEFOOR VP OF ADVANCEMENT 162629 0 0 9776 10069 182474 0 ADAM CARTER DEPUTY COMMANDANT 124874 0 0 6998 20516 152388 0 RENDER MITCHELL VP OF ENROLLMENT MANAGEMENT 121027 0 0 3999 26544 151570 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT IS PROVIDED AN ON-CAMPUS RESIDENCE FOR THE CONVENIENCE OF THE ADACEMY. ADDITIONALLY, THE ACADEMY PAID A MEMBERSHIP INVESTMENT TO THE GREATER HALL CHAMBER OF COMMERCE FOR THE CFO AND PAID A MEMBERSHIP INVESTMENT TO THE GWINNETT CHAMBER OF COMMERCE FOR THE PRESIDENT. A GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY 581520209 36274PAAS 2017-05-16 6210000 REFINANCE REVENUE BONDS FROM 2007 false false false B GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY 581520209 36274PAB3 2017-05-16 12085000 REFINANCE REVENUE BONDS FROM 2007 false false false C GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY 581520209 36274PAC1 2017-05-16 19680000 REFINANCE REVENUE BONDS FROM 2007 false false false D GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY 581520209 36274PAD9 2017-05-16 14120000 REFINANCE REVENUE BONDS FROM 2007 false false false A 3595000 0 6210000 0 0 0 0 0 0 0 6210000 0 2017 true false true true B 0 0 12085000 0 0 0 0 0 0 0 12085000 0 2017 true false true true C 0 0 19680000 0 0 0 0 0 0 0 19680000 0 2017 true false true true D 0 0 14120000 0 0 0 0 0 0 0 14120000 0 2017 true false true true A false false false false 0 false false false false B false false false false 0 false false false false C false false false false 0 false false false false D false false false false 0 false false false false A true false false 0 false 0 false false B true false false 0 false 0 false false C true false false 0 false 0 false false D true false false 0 false 0 false false A false B false C false D false SCHEDULE K, SUPPLEMENTAL INFORMATION ON MAY 16, 2017, GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY ISSUED "GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY EDUCATIONAL FACILITIES REFUNDING REVENUE BONDS (RIVERSIDE MILITARY ACADEMY, INC. PROJECT) SERIES 2017" TO THE ACADEMY IN THE PRINCIPAL FACE AMOUNT OF $52,095,000. INTEREST IS CALCULATED AT A FIXED RATE OF 5%, WHICH WILL INCREASE TO 5.125% ON MARCH 1, 2047 THROUGH MATURITY ON MARCH 1, 2052. THE PROCEEDS FROM THIS BOND ISSUE WERE USED TO EXTINGUISH THE REVENUE BONDS ISSUED BY THE GAINESVILLE REDEVELOPMENT AUTHORITY IN 2007. X 8863 FMV X 3 113736 STOCK QUOTE X SILENT AUCTION ITEM 10 7398 FMV X OTHER MISC DONATIONS 2 9569 FMV false true true SCHEDULE M, PART I, COLUMN (B) THE NUMBER IN THIS COLUMN REPRESENTS THE AMOUNT OF CONTRIBUTIONS RECEIVED SCHEDULE M, PART I, LINE 32B WILLIS INVESTMENTS COUNSEL IS A THIRD PARTY THAT ACCEPTS GIFTS OF STOCK ON BEHALF OF RIVERSIDE MILITARY ACADEMY AND THEN PROCESSES THE SALE OF THOSE STOCKS UPON RECEIPT. FORM 990, PART III, LINE 4A (CONTINUED) ... LEADERSHIP, ACCOMPLISHMENT, AND FULFILLMENT. COLLEGES NATIONWIDE RECOGNIZE THE VALUE OF A RIVERSIDE PREP EDUCATION AS OUR 2024 GRADUATES WERE OFFERED $3,054,488 IN ACADEMIC SCHOLARSHIPS AND $407,680 IN ROTC SCHOLARSHIPS FOR A TOTAL OF $3,462,168 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. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990 WITH THE IRS, THE BOARD OF TRUSTEES RECEIVED A COPY OF THE FORM 990 ELECTRONICALLY. TEN BUSINESS DAYS WERE PROVIDED FOR RESOLVING QUESTIONS AND COMMENTS BEFORE FILING THE FINAL FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES MUST DISCLOSE ANY CONFLICTS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINES 15A & 15B BENCHMARK MATERIAL WAS USED AS WELL AS PAST EXPERIENCE. FORM 990, PART VI, SECTION C, LINE 18 ALL INFORMATION RETURNS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. FORM 990, PART XI, LINE 9 281 UNREALIZED GAIN ON BENEFICIAL INTEREST IN PERPETUAL TRUST RIVERSIDE MILITARY ACADEMY FOUNDATION 2001 RIVERSIDE DRIVE GAINESVILLE GA 30501 464243684 FUND RAISING GA 501(C)(3) LINE 12A NA false false false false false false false false false false false false false false false false false false false false SCHEDULE R, PART II NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: RIVERSIDE MILITARY ACADEMY FOUNDATION, INC. EIN: 46-4243684 2001 RIVERSIDE DRIVE GAINESVILLE, GA 30501 PRIMARY ACTIVITY: RAISE AND RECEIVE FUNDS FOR THE SUPPORT OF RIVERSIDE MILITARY ACADEMY