ANNUAL REPORT

fiscal year 2013-2014

improvements made to our Upper School brick building, and we invested in ur 2014-15 School Year is off technology that gives our children access toO a productive start. The students and to innovative ways to organize, create and teachers have settled in and learning is present materials. With the strong abundant. It is rewarding to observe leadership of the board and the funds bonds being formed and trust developing raised by our community in 2013-14, between the children and faculty. I have Riverbend is full of devotion and already witnessed the joy and positivity. It is a privilege to observe the determination the students have as they smiling faces of our students as they face new discoveries and challenges. arrive each morning, knowing that great Looking back on the last school year, things await them in their classrooms. Riverbend had many accomplishments Thank you to all who are dedicated and that are enabling us to further provide support our wonderful Riverbend School! rich and superior programing to our students. Teachers participated in high level professional training programs, the facilities were greatly enhanced with a Karen Riccardi new Children’s House building and Head of School

OPERATING 2013 2014 RIVERBEND AT BUDGET DONORS A GLANCE

Breakdown of last A look at the Fun facts and important fiscal year’s revenue generosity of the dates for the 2014-2015 and expenses. Riverbend community. school year. PAGE 2 PAGE 3 PAGE 4 FINANCIAL PROFILE

FY2013 14 INCOME FY2013 14 EXPENSES

• Tuition and Fees - 94% • Employee Compensation - 70% • Summer & Enrichment Programs - 4% Salaries - 54% • Other Income - 2% Benefits - 16% • Building Operations - 13% • Education Programs - 9% • Financial Aid - 5% • Administrative Expenses - 3%

BREAKDOWN OF BREAKDOWN OF INCOME EXPENSES

Benefits, 16%

Tuition and Fees, 94% Building Operations, 13%

Other Income, 2% Salaries, 54% Educational Programs, 9% Summer & Enrichment Programs, 4%

Financial Aid, 5%

Administrative Expenses, 3%

COVERING THE GAP

Tuition is our primary source of income, covering approximately 90% of the school’s annual budget. Like most other independent schools, Riverbend relies on fundraising to cover the shortfall between tuition income and annual budget. In the 2013-2014 fiscal year, our community raised $199,345. 2, FALL 2014 Breakdown of last Fun facts and important fiscal year’s revenue dates for the 2014-2015 and expenses. school year. PAGE 2 PAGE 4

2013 2014 CAPITAL & ANNUAL FUND DONORS

Akerley, Katheryn Hartman, James and Flathers, Karen Paixao, Herica Baker, Julie and Dave Hebert, Peter and Heather Pritchett, Eric and Kristen Battaglia, Kate Henley, Robert and Jennifer Proctor, Tony and Andrea Blunt, Jon and Mary Howell, Michele Puleo, Pasquale Bracken, Jonathan and Sarah Joukowsky Family Foundation Radin, Sara Brangwynne, Fadia Kelly, Mary Radin, Sam Brook, Kendall and Alyssa Kim, Soomyung Riccardi, Mark and Karen Brown, Matthew and Stahl, Eva Kozin, Dan and Michelle Rosen, Alan and Posner, Abigail Castro, Lene Kramer, Stephen and Jill Rowe, John and Julia Chapon, Eric and Eunice Kreiman, Charles and Vinci, Heather Rowell, Clark and Eve Chi, Xuan and Li, Zhongxin Krom, Stephen and Helmbrecht, Hope Rutherford, Jonathan and Melissa Cohen, Alan Laybourn, Peter and Sarah Sagalyn, Amy Corcoran, Stanley Leiva, Guillermo and Kimberly Schuldt, Matthew and Christine Craig, Jackson and Tracey Lewis, Keith & Voss, Kim Scott-White, Kathy Daniels, Debra Loranger, Bucknell Family Foundation Shih, Ashley and Linda Davis, Kirk and Laurie Loynd, Michael and Beverly Singh, Daniel and Alexis Delinsky, Jeremy and Sherrie Lurie, Roy and Rettger, Mary Beth Smith, Teresa Doherty, James and Tracy Lyle, Stephen and Laurel Stephan, John and Cicelia Downey, Allen and Lisa Mason, Paul and Ocllo Stern, Susanne Evans, Tom and Kerry McElligott, James and Lindsey Sundstrom, Sarah Feder, Patricio and Christine McKenna, Michele Suraci, Chris and Laura Finn, Daniel and Dana McLaughlin, Tom and Adriana Thomson, Dana Fisher, Michael and Suzanne Merullo, Jim and Harris, Amy Vetrone, Wayne and Tarbox, Denise Fleming, Mark and Renton, Rachel Morant, Giovanni Viti, Michael and Tanya Fryer, Maryjane Morris, Lisa and Wu, George Wasser, Emily Geddes, John and Vanderbeck Lynsey Mundy, Kimbo and Ellena Wilkins, Dave Hackett, Trudy Newman, Paul and Trudy Wilson, Melanie Hall, Jordan and Deborah Niskanen, Michael and Leigh Woessner, Dennis and Karin Handrinos, Pete and Maria Nissi, Daniel and Jennifer Young, David and Mayer, Michelle Hann, Susannah Osler, Carol (Tordo) Zhurova, Anna Hargrave, John and Jade Owen, John and Laura Zhu, Hui and Sun, Xuepeng

THE 2013 2014THE 13 14 FUNDRAISING ANNUAL FUND EFFORTS FINANCEDSUPPORTED THETHE FOLLOWING:FOLLOWING:

• Technology Improvements (NEW MACBOOKS!) • Revamping our Technology Lab • Keeping Teacher to Child Ratios Low • Music, Spanish, Art, Tech, Health and Physical Education Programs • Field Trips and Special Presenters (i.e. MMUN in NYC) • Financial Assistance to Families • Increased Security Measures • Teacher Professional Development

3, FALL 2014 Tuition is our primary source of income, covering approximately 90% of the school’s annual budget. Like most other independent schools, Riverbend relies on fundraising to cover the shortfall between tuition income and annual budget. In the 2013-2014 fiscal year, our community raised $199,345.

2013/2014 RIVERBEND IMPORTANT DATES FOR AT A GLANCE: THE 2014/2015 YEAR:

• Total enrollment: 181 Oct 18...... Fall Festival • Gender Mix: 54% Boys - 46% girls Nov 14...... Opening of the Annual Fund • Number of families: 132 Nov 25...... Grandparent’s Day • Number of faculty/staff: 41 Dec 5...... Parent Holiday Party Jan 2...... Community Skating Party • Student/Teacher Ratio: Feb 5-6...... K-8 Science Fair/Art Showcase o Toddler: 1:4 Mar 13...... Family Pizza & Play at School Night o Primary: 1:8 Mar 25-28...... MMUN 6th Grade Trip o Kindergarten: 1:10 Apr 11...... Auction Party o Lower Elementary 1:10 Apr 12-15...... Washington D.C. o Upper Elementary 1:10 Middle School Trip o Middle School 1:8 Apr 16-17...... CH-LE International Festival May 20...... K-8 Rehearsal Dinner • Total Financial Aid: ~$410k for Spring Concert • Percent of students receiving some form May 21...... Spring Concert of aid: 26% June 9...... 8th Grade Graduation June 10...... Children’s House Classroom Community Events June 30...... Closing of the Annual Fund

RECENT SCHOOL PLACEMENT:

• Beaver Country Day • • • Natick High School • Boston University Academy • Needham High School • Brimmer and May School • Newman School • Buckingham Browne & Nichols • Newton Country Day School • Cambridge School of Weston • Noble and Greenough School • Chapel Hill-Chauncy Hall • Putney School • • • • Walnut Hill School for the Arts • Dover-Sherborn High School • Wellesley High School • Holliston High School • Weston High School • Lexington Christian Academy • Worcester High School • Medfield High School • • Marian High School • Xaverian Brothers High School

4, FALL 2014