Civic Intelligence

Rock Island Arsenal Development Group

990 • Fiscal year 2019 • EIN 20-0246194

Oct 01, 2018 to Sep 30, 2019 • Filed on Jul 24, 2020

1634 Whittemore Street No 208Rock Island, IL 61201

(309) 782-2030

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

0.65x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

1st percentile

-1568%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

51st percentile

$52,589

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 259.3% of source-year revenue.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

5th percentile

-28%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Assets

Down

$804,967

Down $318,333 (-28%) from 2018

Net Assets

Down

$791,873

Down $318,068 (-29%) from 2018

Liabilities

Down

$13,094

Down $265 (-2.0%) from 2018

Revenue

Up

$20,284

Up $23,868 (+666%) from 2018

Expenses

Up

$338,352

Up $70,100 (+26%) from 2018

Net Income

Down

-$318,068

Down $46,232 (-17%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,213,874Liabilities 2010: $797,015Net Assets 2010: $1,416,8592010Assets 2011: $1,787,622Liabilities 2011: $61,289Net Assets 2011: $1,726,3332011Assets 2012: $1,773,602Liabilities 2012: $37,399Net Assets 2012: $1,736,2032012Assets 2013: $1,832,113Liabilities 2013: $37,491Net Assets 2013: $1,794,6222013Assets 2014: $1,854,792Liabilities 2014: $30,717Net Assets 2014: $1,824,0752014Assets 2015: $1,826,219Liabilities 2015: $45,196Net Assets 2015: $1,781,0232015Assets 2016: $1,702,720Liabilities 2016: $27,329Net Assets 2016: $1,675,3912016Assets 2017: $1,418,759Liabilities 2017: $36,982Net Assets 2017: $1,381,7772017Assets 2018: $1,123,300Liabilities 2018: $13,359Net Assets 2018: $1,109,9412018Assets 2019: $804,967Liabilities 2019: $13,094Net Assets 2019: $791,8732019Assets 2021: $481,253Liabilities 2021: $56Net Assets 2021: $481,1972021Assets 2022: $460,261Liabilities 2022: $124,479Net Assets 2022: $335,7822022Assets 2023: $353,654Liabilities 2023: $151,885Net Assets 2023: $201,7692023

Highlighted filing

2019

Assets$804,967
Liabilities$13,094
Net Assets$791,873

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $7,374,6652010Revenue 2011: $4,908,598Expenses 2011: $4,599,124Net Income 2011: $309,4742011Expenses 2012: $1,525,1862012Revenue 2013: $375,875Expenses 2013: $317,456Net Income 2013: $58,4192013Revenue 2014: $312,658Expenses 2014: $283,205Net Income 2014: $29,4532014Revenue 2015: $237,983Expenses 2015: $281,071Net Income 2015: -$43,0882015Revenue 2016: $190,781Expenses 2016: $296,413Net Income 2016: -$105,6322016Revenue 2017: $26,284Expenses 2017: $319,898Net Income 2017: -$293,6142017Revenue 2018: -$3,584Expenses 2018: $268,252Net Income 2018: -$271,8362018Revenue 2019: $20,284Expenses 2019: $338,352Net Income 2019: -$318,0682019Revenue 2021: $370Expenses 2021: $132,900Net Income 2021: -$132,5302021Revenue 2022: $71,543Expenses 2022: $216,958Net Income 2022: -$145,4152022Revenue 2023: $127,339Expenses 2023: $261,352Net Income 2023: -$134,0132023

Highlighted filing

2019

Revenue$20,284
Expenses$338,352
Net Income-$318,068
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jul 24, 2020
Return Version
2018v3.2
Gross Receipts
$20,284
Mission and Program Overview

Mission

Rock island arsenal defense alliance is a community led organization that is dedicated to the support and promotion of the rock island arsenal ("ria") and the quad cities region's defense industry.

To market, negotiate, lease, and manage administrative, manufacturing, and warehouse space that is currently not being utilized by the rock island arsenal.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,122,198$804,967▼ $317,231
Prepaid Expenses and Deferred Charges$1,102--
Total Assets$1,123,300$804,967▼ $318,333
Liabilities
Accounts Payable and Accrued Expenses$13,359$13,094▼ $265
Total Liabilities$13,359$13,094▼ $265
Net Assets / Fund Balance
Unrestricted Net Assets$1,109,941$791,873▼ $318,068
Total Net Assets Fund Balance$1,109,941$791,873▼ $318,068
Total Liabilities and Net Assets / Fund Balance$1,123,300$804,967▼ $318,333
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim FryeSite ManagerFT$48,266$4,323$52,589

Board Members and Trustees

NameTitle
John ThodosPresident
John WetzelVice President
Bob GallagherDirector
CARRIE J O'NEILLDirector
Deb Petersen FitzsimmonsDirector
Frank KlipschDirector
Jeff MillerDirector
John RuhlDirector
Mark SchweibertDirector
Mike ThomsDirector
Myron ScheibeDirector
Reggie FreemanDirector
Richard BrunkDirector
Stephanie AcriDirector
William H FitzsimmonsSecretary
Tony KnobbeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$20,284
Other Revenue
$0
Change in Net Assets
$-318,068

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,284
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$20,284
Total Revenue per Form 990
$20,284
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$278,584
Salaries, Compensation, and Employee Benefits$59,768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$52,066--$52,066
Advertising$17,342--$17,342
Fees for Services Accounting$12,947--$12,947
Other Salaries and Wages$7,702--$7,702
Fees for Services Legal$6,306--$6,306
Occupancy$5,560--$5,560
Insurance$4,247--$4,247
Travel$3,574--$3,574
Other Expenses$3,467--$3,467
All Other Expenses$1,545--$1,545
Total Functional Expenses$338,352$0$0$338,352

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$338,352
Total Expenses per Audited Statements$338,352
Total Expenses per Form 990$338,352
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board members william fitzsimmons and deborah petersen have a family relationship.

Form 990, Part VI, Section B, Line 11B

The organization's governing body reviews and approves the form 990 before it is filed.

Form 990, Part VI, Section B, Line 15

The executive committee is responsible for compensation and bonus values, which are reported to the board of directors. Each compensated person receives a performance review.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Part VII, Section A, Column D

The organization's employee compensation, including health and retirement benefits, is paid by the bi-state regional commission. The bi-state regional commission is reimbursed for the organization's compensation expense plus a service fee.

Filing and Contact Details

Filer

Filer Name
Rock Island Arsenal Development Group
EIN
20-0246194
Phone
3097822030
Address
1634 WHITTEMORE STREET NO 208, ROCK ISLAND, IL 61201

Signing Officer

Name
Tim Frye
Title
Site Manager
Phone
3097822030
Signed
2020-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Frye
Formed
2003
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
0

Preparer

Firm
Carpentier Mitchell Goddard & Co LLC
Address
4915 - 21ST AVENUE A, MOLINE, IL 61265
Preparer
James E Taylor
Phone
3097623626
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

The development group ceased operations of the rental facility for the current fiscal year.

Part XI, Line 2C

The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent accountant. The process has not changed.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-319
IRS990/PYOtherExpensesAmt0195067
IRS990/PYOtherRevenueAmt0-3265
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-271836
IRS990/PYSalariesCompEmpBnftPaidAmt073185
IRS990/PYTotalExpensesAmt0268252
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-3584
IRS990/ReconcilationRevenueExpnssAmt0-318068
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0338352
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt020284
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0338352
IRS990ScheduleD/TotalRevenuePerForm990Amt020284
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt020284
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0338352
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DEVELOPMENT GROUP CEASED OPERATIONS OF THE RENTAL FACILITY FOR THE CURRENT FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS WILLIAM FITZSIMMONS AND DEBORAH PETERSEN HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING BODY REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR COMPENSATION AND BONUS VALUES, WHICH ARE REPORTED TO THE BOARD OF DIRECTORS. EACH COMPENSATED PERSON RECEIVES A PERFORMANCE REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S EMPLOYEE COMPENSATION, INCLUDING HEALTH AND RETIREMENT BENEFITS, IS PAID BY THE BI-STATE REGIONAL COMMISSION. THE BI-STATE REGIONAL COMMISSION IS REIMBURSED FOR THE ORGANIZATION'S COMPENSATION EXPENSE PLUS A SERVICE FEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XI, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VII, SECTION A, COLUMN D
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01123300
IRS990/TotalAssetsEOYAmt0804967
IRS990/TotalAssetsGrp/BOYAmt01123300
IRS990/TotalAssetsGrp/EOYAmt0804967
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0338352
IRS990/TotalFunctionalExpensesGrp/TotalAmt0338352
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013359
IRS990/TotalLiabilitiesEOYAmt013094
IRS990/TotalLiabilitiesGrp/BOYAmt013359
IRS990/TotalLiabilitiesGrp/EOYAmt013094
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01109941
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0791873
IRS990/TotalOtherCompensationAmt04323
IRS990/TotalProgramServiceExpensesAmt0338352
IRS990/TotalReportableCompFromOrgAmt048266
IRS990/TotalRevenueGrp/ExclusionAmt020284
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt020284
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01123300
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0804967
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt03574
IRS990/TravelGrp/TotalAmt03574
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01109941
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0791873
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01634 WHITTEMORE STREET NO 208
IRS990/USAddress/CityNm0ROCK ISLAND
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061201
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0WWW.RIADG.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM FRYE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SITE MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum03097822030
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROCK ISLAND ARSENAL DEVELOPMENT GROUP
ReturnHeader/Filer/BusinessNameControlTxt0ROCK
ReturnHeader/Filer/EIN0200246194
ReturnHeader/Filer/PhoneNum03097822030
ReturnHeader/Filer/USAddress/AddressLine1Txt01634 WHITTEMORE STREET NO 208
ReturnHeader/Filer/USAddress/CityNm0ROCK ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061201
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05E408F7D635E40027B3ABFE2859E1427F045F982
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04C61F144047236C7F796B6C482898A5334FC5639
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.84.88.118
ReturnHeader/FilingSecurityInformation/IPDt02020-07-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:40:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362662809
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARPENTIER MITCHELL GODDARD & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04915 - 21ST AVENUE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOLINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061265
ReturnHeader/PreparerPersonGrp/PhoneNum03097623626
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES E TAYLOR
ReturnHeader/ReturnTs02020-07-30T08:28:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.35$0.15$0.20$0.13$0.26$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.12$0.34$0.07$0.22$0.15
2021Summary only. Only limited summary data is available for this year.$0.48$0.00$0.48$0.00$0.13$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.01$0.79$0.02$0.34$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.01$1.11$0.00$0.27$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.04$1.38$0.03$0.32$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.03$1.68$0.19$0.30$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.83$0.05$1.78$0.24$0.28$0.04
2014Summary only. Only limited summary data is available for this year.$1.85$0.03$1.82$0.31$0.28$0.03
2013Summary only. Only limited summary data is available for this year.$1.83$0.04$1.79$0.38$0.32$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.04$1.74$1.53
2011Summary only. Only limited summary data is available for this year.$1.79$0.06$1.73$4.91$4.60$0.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.80$1.42$7.37