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Filing year 2023

THE RIVERS SCHOOL CORPORATION

Weston, Massachusetts·EIN 04-2104457·501(c)(3)
Total revenue
$41.6M
Total assets
$122.3M
Total expenses
$43.5M
Reported officers
40
Mission

THE RIVERS SCHOOL IS A COED COLLEGE PREPARATORY DAY SCHOOL FOR GRADES 6 THROUGH 12. RIVERS CHALLENGES STUDENTS TO ATTAIN THEIR HIGHEST LEVELS OF EXCELLENCE IN ACADEMICS, ARTS, AND ATHLETICS. WE SET HIGH STANDARDS AND EXPECT STUDENTS TO PARTICIPATE ACTIVELY IN THEIR LEARNING. WE CULTIVATE A CARING, RESPECTFUL, AND COLLABORATIVE ENVIRONMENT THAT ENCOURAGES STUDENT PERFORMANCE, INCLUDING DEMONSTRATION OF LOGICAL THOUGHT, INFORMED AND ARTICULATE VOICE, CREATIVE VISION, AND INTEGRITY. RIVERS IS DEDICATED TO PREPARING ITS STUDENTS FOR LEADERSHIP IN A WORLD THAT NEEDS THEIR TALENTS, IMAGINATION, INTELLECT, AND COMPASSION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Head of School - Termed 6/30/23
Officer (Unspecified)
$575k
$633k
Base
$455k
Bonus
Other
$10k
Benefits
$90k
Head of School
Officer (Unspecified)
$407k
$448k
Base
$314k
Bonus
Other
$345
Benefits
$86k
Assoc Head School Devel&ex
Key Employee
75th to 90th percentile
$342k
$377k
Base
$260k
Bonus
Other
$389
Benefits
$56k
Head of Upper School
Highest Compensated Employee
75th to 90th percentile
$297k
$327k
Base
$174k
Bonus
Other
$230
Benefits
$111k
Chief Financial Officer
Above 90th percentile
$283k
$312k
Base
$254k
Bonus
Other
$4k
Benefits
$332
Assistant Head of School
Highest Compensated Employee
Median to 75th percentile
$231k
$254k
Base
$177k
Bonus
Other
$1k
Benefits
$34k
Director of Rsc
Highest Compensated Employee
Median to 75th percentile
$207k
$228k
Base
$195k
Bonus
Other
$369
Benefits
$154
Director of Admissions
Highest Compensated Employee
Median to 75th percentile
$179k
$197k
Base
$163k
Bonus
Other
$141
Benefits
$11k
Director of Marketing & Comm
Director (Operational)
75th to 90th percentile
$156k
$172k
Base
$155k
Bonus
Other
$309
Benefits
$888
Assistant Clerk - Elected 1/24/23
Officer (Unspecified)
$109k
$121k
Assistant Clerk - Termed 1/24/23
Officer (Unspecified)
$15k
$16k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 29 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2022

From $578k in 2022 to $575k in 2023.

$578k
2022
$575k
2023
In today's dollarsEst.
Down 4% in real terms$660k to $633k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay fell 5% from 2022 to 2023, while revenue fell 2%.

$359k in 2022 to $342k in 2023.
  • Highest Compensated Employee pay rose 15% from 2022 to 2023.
  • Chief Financial Officer pay rose 4% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE RIVERS SCHOOL CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$42.6M
$40.4M
2022
$41.6M
$43.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE RIVERS SCHOOL CORPORATION

What does the Key Employee of THE RIVERS SCHOOL CORPORATION earn?

In 2023, the Key Employee of THE RIVERS SCHOOL CORPORATION received $341,982 in total compensation. This pay is in the top quarter for Key Employee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at THE RIVERS SCHOOL CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Key Employee at THE RIVERS SCHOOL CORPORATION falls between the 75th and 90th percentiles.

What are THE RIVERS SCHOOL CORPORATION's revenue and expenses?

In 2023, THE RIVERS SCHOOL CORPORATION reported $41.6M in total revenue and $43.5M in total expenses on its IRS Form 990.

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