Civic Intelligence

Damonte Ranch Drainage District Co Ebmc

990 • Fiscal year 2015 • EIN 20-0437826

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 07, 2016

PO Box 12580Reno, NV 89510

(775) 828-3664

Siviq Scores

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

Liabilities / Assets

51st percentile

0.12x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

44th percentile

0.16x

Higher debt load relative to revenue than 44% of similar nonprofits.

2015 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2015

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2015 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2015

Asset Growth

91st percentile

15%

Faster asset growth than 91% of similar nonprofits.

2015 filings • 501(c)12 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

65th percentile

4.9%

Faster revenue growth than 65% of similar nonprofits.

2015 filings • 501(c)12 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$863,382

Up $110,686 (+15%) from 2014

Net Assets

Up

$757,562

Up $76,379 (+11%) from 2014

Liabilities

Up

$105,820

Up $34,307 (+48%) from 2014

Revenue

Up

$658,817

Up $30,918 (+4.9%) from 2014

Expenses

Up

$584,066

Up $94,628 (+19%) from 2014

Net Income

Down

$74,751

Down $63,710 (-46%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $806,511Liabilities 2012: $98,815Net Assets 2012: $707,6962012Assets 2013: $599,773Liabilities 2013: $57,051Net Assets 2013: $542,7222013Assets 2014: $752,696Liabilities 2014: $71,513Net Assets 2014: $681,1832014Assets 2015: $863,382Liabilities 2015: $105,820Net Assets 2015: $757,5622015Assets 2016: $946,619Liabilities 2016: $122,777Net Assets 2016: $823,8422016Assets 2017: $1,204,598Liabilities 2017: $99,497Net Assets 2017: $1,105,1012017Assets 2018: $1,595,176Liabilities 2018: $110,561Net Assets 2018: $1,484,6152018Assets 2021: $2,513,025Liabilities 2021: $1,868,743Net Assets 2021: $644,2822021Assets 2022: $2,832,023Liabilities 2022: $2,130,267Net Assets 2022: $701,7562022Assets 2023: $3,169,576Liabilities 2023: $2,600,561Net Assets 2023: $569,0152023Assets 2024: $3,367,270Liabilities 2024: $2,835,692Net Assets 2024: $531,5782024

Highlighted filing

2015

Assets$863,382
Liabilities$105,820
Net Assets$757,562

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $552,2922012Expenses 2013: $763,8142013Revenue 2014: $627,899Expenses 2014: $489,438Net Income 2014: $138,4612014Revenue 2015: $658,817Expenses 2015: $584,066Net Income 2015: $74,7512015Revenue 2016: $676,400Expenses 2016: $612,273Net Income 2016: $64,1272016Revenue 2017: $972,940Expenses 2017: $692,875Net Income 2017: $280,0652017Revenue 2018: $991,169Expenses 2018: $612,265Net Income 2018: $378,9042018Revenue 2021: $1,247,481Expenses 2021: $1,116,423Net Income 2021: $131,0582021Revenue 2022: $1,014,877Expenses 2022: $947,426Net Income 2022: $67,4512022Revenue 2023: $968,997Expenses 2023: $1,107,954Net Income 2023: -$138,9572023Revenue 2024: $1,219,543Expenses 2024: $1,256,980Net Income 2024: -$37,4372024

Highlighted filing

2015

Revenue$658,817
Expenses$584,066
Net Income$74,751
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 7, 2016
Return Version
2014v6.0
Gross Receipts
$658,817
Mission and Program Overview

Mission

COMMON AREA MAINTENANCE

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$355,689$596,875▲ $241,186
Rtn Earn Endowment Incm Other Fnds$358,809$416,134▲ $57,325
Pd in Cap Srpls Land Bldg Eqp Fund$322,375$341,428▲ $19,053
Cash and Non-Interest-Bearing Accounts$371,138$231,863▼ $139,275
Accounts Receivable$18,852$21,022▲ $2,170
Prepaid Expenses and Deferred Charges$7,018$7,212▲ $194
Land, Buildings, and Equipment, Net$0$6,410▲ $6,410
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$752,697$863,382▲ $110,685
Liabilities
Accounts Payable and Accrued Expenses$35,515$56,566▲ $21,051
Other Liabilities$35,998$49,254▲ $13,256
Total Liabilities$71,513$105,820▲ $34,307
Net Assets / Fund Balance
Total Net Assets Fund Balance$681,184$757,562▲ $76,378
Total Liabilities and Net Assets / Fund Balance$752,697$863,382▲ $110,685

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,410$16,389$22,799
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom DiloretoPresident
Michael DiloretoDirector
Kathy CoulsonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$658,176
Program Service Revenue
$0
Investment Income
$641
Other Revenue
$0
Change in Net Assets
$74,751

Audited Revenue Reconciliation

Revenue per Audited Statements
$658,817
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$658,817
Total Revenue per Form 990
$658,817
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$584,066
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$78,000--$78,000
All Other Expenses$74,261--$74,261
Fees for Services Accounting$48,693--$48,693
Other Expenses$29,644--$29,644
Office Expenses$16,896--$16,896
Insurance$10,845--$10,845
Fees for Services Legal$3,645--$3,645
Depreciation Depletion$2,758--$2,758
Total Functional Expenses$584,066$0$0$584,066

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$584,066
Total Expenses per Form 990$584,066
Total Expenses per Audited Statements$582,439
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-1,627
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Assessments Received in Advance$49,254
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

All board members are related by a family relationship. All board members are declarant appointed.

Form 990, Part VI, Section A, Line 3

The management company prepares budgets, reserves studies, monthly financial statements, accounts recievable services, accounts payable services, assessment collection, insurance renewals, title transfers, common area maintenance & landscaping.

Form 990, Part VI, Section A, Line 6

Qualification for membership in the district is ownership of a parcel of land or subdivided lot that is located within the service area of the district.

Form 990, Part VI, Section A, Line 8B

Meetings documented by the governing body

Form 990, Part VI, Section B, Line 11

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Damonte Ranch Drainage District Co Ebmc
EIN
20-0437826
Phone
7758283664
Address
PO BOX 12580, RENO, NV 89510

Signing Officer

Name
Tom Diloreto
Title
President
Phone
7758283664
Signed
2016-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Diloreto
Formed
2003
Legal Domicile
Nv
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Albright & Associates Ltd
Address
1025 RIDGEVIEW DRIVE SUITE 300, RENO, NV 89519
Preparer
Deane a Albright
Phone
7758265432
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Landscaping: program service expenses 27,320. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,320. Common area maintenance: program service expenses 20,121. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,121. Collection/late fees: program service expenses 15,926. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,926. Engineering: program service expenses 12,010. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,010. Avian survey: program service expenses 2,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,000. Taxes and fees: program service expenses 694. Management and general expenses 0. Fundraising expenses 0. Total expenses 694. Bad debts: program service expenses -3,810. Management and general expenses 0. Fundraising expenses 0. Total expenses -3,810.

FORM 990, PART XI, LINE 9:

Book to tax depreciation difference 1,627.

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Book to tax depreciation adjustment -1,627.

Raw XML Appendix314 raw XML fields

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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK TO TAX DEPRECIATION ADJUSTMENT -1,627.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL BOARD MEMBERS ARE RELATED BY A FAMILY RELATIONSHIP. ALL BOARD MEMBERS ARE DECLARANT APPOINTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT COMPANY PREPARES BUDGETS, RESERVES STUDIES, MONTHLY FINANCIAL STATEMENTS, ACCOUNTS RECIEVABLE SERVICES, ACCOUNTS PAYABLE SERVICES, ASSESSMENT COLLECTION, INSURANCE RENEWALS, TITLE TRANSFERS, COMMON AREA MAINTENANCE & LANDSCAPING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2QUALIFICATION FOR MEMBERSHIP IN THE DISTRICT IS OWNERSHIP OF A PARCEL OF LAND OR SUBDIVIDED LOT THAT IS LOCATED WITHIN THE SERVICE AREA OF THE DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEETINGS DOCUMENTED BY THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LANDSCAPING: PROGRAM SERVICE EXPENSES 27,320. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,320. COMMON AREA MAINTENANCE: PROGRAM SERVICE EXPENSES 20,121. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,121. COLLECTION/LATE FEES: PROGRAM SERVICE EXPENSES 15,926. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,926. ENGINEERING: PROGRAM SERVICE EXPENSES 12,010. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,010. AVIAN SURVEY: PROGRAM SERVICE EXPENSES 2,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,000. TAXES AND FEES: PROGRAM SERVICE EXPENSES 694. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 694. BAD DEBTS: PROGRAM SERVICE EXPENSES -3,810. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -3,810.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK TO TAX DEPRECIATION DIFFERENCE 1,627.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0752697
IRS990/TotalAssetsEOYAmt0863382
IRS990/TotalAssetsGrp/BOYAmt0752697
IRS990/TotalAssetsGrp/EOYAmt0863382
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0658176
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0584066
IRS990/TotalFunctionalExpensesGrp/TotalAmt0584066
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt071513
IRS990/TotalLiabilitiesEOYAmt0105820
IRS990/TotalLiabilitiesGrp/BOYAmt071513
IRS990/TotalLiabilitiesGrp/EOYAmt0105820
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0681184
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0757562
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0584066
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0641
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0658817
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0752697
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0863382
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0BOX 12580
IRS990/USAddress/CityNm0RENO
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089510
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM DILORETO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07758283664
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DAMONTE RANCH DRAINAGE DISTRICT CO EBMC
ReturnHeader/Filer/BusinessNameControlTxt0DAMO
ReturnHeader/Filer/EIN0200437826
ReturnHeader/Filer/PhoneNum07758283664
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 12580
ReturnHeader/Filer/USAddress/CityNm0RENO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089510
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0880149095
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALBRIGHT & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01025 RIDGEVIEW DRIVE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RENO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089519
ReturnHeader/PreparerPersonGrp/PhoneNum07758265432
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEANE A ALBRIGHT
ReturnHeader/ReturnTs02016-03-09T18:55:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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