Civic Intelligence

Rio Grande Food Project

990 • Fiscal year 2014 • EIN 20-1667103

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 24, 2015

PO Box 66498Albuquerque, NM 87193-6493

(505) 831-3778

Siviq Scores

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

Liabilities / Assets

65th percentile

0.16x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

0.07x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

58th percentile

$35,181

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

92nd percentile

64%

Faster asset growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

88th percentile

61%

Faster revenue growth than 88% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$334,944

Up $130,990 (+64%) from 2013

Net Assets

Up

$282,451

Up $90,477 (+47%) from 2013

Liabilities

Up

$52,493

Up $40,513 (+338%) from 2013

Revenue

Up

$793,786

Up $301,458 (+61%) from 2013

Expenses

Up

$709,663

Up $182,570 (+35%) from 2013

Net Income

Up

$84,123

Up $118,888 (+342%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $87,414Liabilities 2010: $397Net Assets 2010: $87,0172010Assets 2011: $241,679Liabilities 2011: $9,868Net Assets 2011: $231,8112011Assets 2012: $230,003Liabilities 2012: $3,263Net Assets 2012: $226,7402012Assets 2013: $203,954Liabilities 2013: $11,980Net Assets 2013: $191,9742013Assets 2014: $334,944Liabilities 2014: $52,493Net Assets 2014: $282,4512014Assets 2015: $326,519Liabilities 2015: $21,011Net Assets 2015: $305,5082015Assets 2016: $355,975Liabilities 2016: $37,462Net Assets 2016: $318,5132016Assets 2017: $407,417Liabilities 2017: $63,870Net Assets 2017: $343,5472017Assets 2018: $550,100Liabilities 2018: $64,019Net Assets 2018: $486,0812018Assets 2019: $607,461Liabilities 2019: $73,004Net Assets 2019: $534,4572019Assets 2020: $746,949Liabilities 2020: $113,387Net Assets 2020: $633,5622020Assets 2021: $847,238Liabilities 2021: $55,257Net Assets 2021: $791,9812021Assets 2022: $886,688Liabilities 2022: $115,229Net Assets 2022: $771,4592022Assets 2023: $954,614Liabilities 2023: $186,845Net Assets 2023: $767,7692023Assets 2024: $838,504Liabilities 2024: $103,695Net Assets 2024: $734,8092024

Highlighted filing

2014

Assets$334,944
Liabilities$52,493
Net Assets$282,451

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $198,2382010Expenses 2011: $170,6102011Expenses 2012: $442,2422012Revenue 2013: $492,328Expenses 2013: $527,093Net Income 2013: -$34,7652013Revenue 2014: $793,786Expenses 2014: $709,663Net Income 2014: $84,1232014Revenue 2015: $879,125Expenses 2015: $856,068Net Income 2015: $23,0572015Revenue 2016: $802,074Expenses 2016: $789,069Net Income 2016: $13,0052016Revenue 2017: $1,700,938Expenses 2017: $1,675,904Net Income 2017: $25,0342017Revenue 2018: $1,872,670Expenses 2018: $1,730,136Net Income 2018: $142,5342018Revenue 2019: $2,407,479Expenses 2019: $2,359,103Net Income 2019: $48,3762019Revenue 2020: $1,973,493Expenses 2020: $1,874,388Net Income 2020: $99,1052020Revenue 2021: $1,604,388Expenses 2021: $1,445,969Net Income 2021: $158,4192021Revenue 2022: $1,280,473Expenses 2022: $1,250,408Net Income 2022: $30,0652022Revenue 2023: $1,287,617Expenses 2023: $1,263,228Net Income 2023: $24,3892023Revenue 2024: $1,949,719Expenses 2024: $1,982,679Net Income 2024: -$32,9602024

Highlighted filing

2014

Revenue$793,786
Expenses$709,663
Net Income$84,123
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 24, 2015
Return Version
2014v5.0
Gross Receipts
$793,786
Mission and Program Overview

Mission

Food pantry for the poor and homeless

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$96,547$222,320▲ $125,773
Land, Buildings, and Equipment, Net$78,310$66,007▼ $12,303
Pledges and Grants Receivable$12,500$23,768▲ $11,268
Inventories for Sale or Use$16,597$22,849▲ $6,252
Total Assets$203,954$334,944▲ $130,990
Liabilities
Accounts Payable and Accrued Expenses$11,980$52,493▲ $40,513
Total Liabilities$11,980$52,493▲ $40,513
Net Assets / Fund Balance
Unrestricted Net Assets$179,474$263,388▲ $83,914
Temporarily Rstr Net Assets$12,500$19,063▲ $6,563
Total Net Assets Fund Balance$191,974$282,451▲ $90,477
Total Liabilities and Net Assets / Fund Balance$203,954$334,944▲ $130,990

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$61,857$24,218$86,075
Equipment$4,150$32,751$36,901
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David WhiteleyExecutive DirectorPT$28,644$6,537$35,181

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$743,020
Program Service Revenue
$48,416
Investment Income
$2,350
Other Revenue
$0
All Other Contributions
$673,807
Change in Net Assets
$84,123

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory11,966$431,855Valued at 1.69/ Lb
Total Noncash Contributions11,966$431,855-

Audited Revenue Reconciliation

Revenue per Audited Statements
$793,786
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$793,786
Total Revenue per Form 990
$793,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$577,865
Salaries, Compensation, and Employee Benefits$131,798
Total Fundraising Expense$3,332
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$83,016-$2,000$85,016
Current Officers, Directors, Trustees, and Key Employees$35,181--$35,181
All Other Expenses$12,166$3,601$1,172$16,939
Depreciation Depletion$12,148$1,350-$13,498
Payroll Taxes$11,441-$160$11,601
Fees for Services Other$356$4,655-$5,011
Other Expenses$4,650--$4,650
Office Expenses$2,519$930-$3,449
Insurance$2,850--$2,850
Travel$340--$340
Total Functional Expenses$695,795$10,536$3,332$709,663

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$709,663
Total Expenses per Audited Statements$709,663
Total Expenses per Form 990$709,663
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
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Return is reviewed by treasurer before signing it

Form 990, Part VI, Section B, Line 15

The board of directors determines compensation

Form 990, Part VI, Section C, Line 19

Available to public upon request

Filing and Contact Details

Filer

Filer Name
Rio Grande Food Project
EIN
20-1667103
Phone
5058313778
Address
PO BOX 66498, ALBUQUERQUE, NM 87193-6493

Signing Officer

Name
Charles Reardon
Title
President
Phone
5058313778
Signed
2015-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Reardon
Formed
2004
Legal Domicile
Nm
Voting Board Members
6
Independent Board Members
6
Employees
6
Volunteers
0

Preparer

Firm
Hinkle Landers Pc
Address
2500 9TH STREET NW, ALBUQUERQUE, NM 87102
Preparer
Farley Vener
Phone
5058838788
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

No change from prior year

Financial Statement Notes

PART X, LINE 2:

Part x, line 2 teh organzation has adopted accounting principles generally accepted in the united states of america as they relate to uncertain tax positions. Any interest and penalties reconized associated with a tax position are classified as current in the organization's financial statements. Currently, the 2009, 2010 and 2011 tax years are open and subject to examination by the internal revenue service and new mexico taxation and revenue department. However, the organization is not currently under audit nor has the organization been contacted by any of these jurisdictions. Management beleives that they are operating within their tax-exempt purpose. Therefore, no provision for the effects of uncertain tax.

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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0743020
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0479640
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0436878
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0264570
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0162899
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02087007
IRS990ScheduleA/TotalSupportAmt02091005
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04150
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032751
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036901
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0709663
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt061857
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt024218
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt086075
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0793786
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X, LINE 2 TEH ORGANZATION HAS ADOPTED ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AS THEY RELATE TO UNCERTAIN TAX POSITIONS. ANY INTEREST AND PENALTIES RECONIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT IN THE ORGANIZATION'S FINANCIAL STATEMENTS. CURRENTLY, THE 2009, 2010 AND 2011 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND NEW MEXICO TAXATION AND REVENUE DEPARTMENT. HOWEVER, THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY ANY OF THESE JURISDICTIONS. MANAGEMENT BELEIVES THAT THEY ARE OPERATING WITHIN THEIR TAX-EXEMPT PURPOSE. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt066007
IRS990ScheduleD/TotalExpensesPerForm990Amt0709663
IRS990ScheduleD/TotalRevenuePerForm990Amt0793786
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0793786
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0709663
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt011966
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0VALUED AT 1.69/ LB
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0431855
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN IS REVIEWED BY TREASURER BEFORE SIGNING IT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS DETERMINES COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE TO PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt012500
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt019063
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0203954
IRS990/TotalAssetsEOYAmt0334944
IRS990/TotalAssetsGrp/BOYAmt0203954
IRS990/TotalAssetsGrp/EOYAmt0334944
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0743020
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03332
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010536
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0695795
IRS990/TotalFunctionalExpensesGrp/TotalAmt0709663
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011980
IRS990/TotalLiabilitiesEOYAmt052493
IRS990/TotalLiabilitiesGrp/BOYAmt011980
IRS990/TotalLiabilitiesGrp/EOYAmt052493
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0191974
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0282451
IRS990/TotalOtherCompensationAmt06537
IRS990/TotalProgramServiceExpensesAmt0695795
IRS990/TotalProgramServiceRevenueAmt048416
IRS990/TotalReportableCompFromOrgAmt028644
IRS990/TotalRevenueGrp/ExclusionAmt091
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt050675
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0793786
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0203954
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0334944
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0340
IRS990/TravelGrp/TotalAmt0340
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0179474
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0263388
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 66498
IRS990/USAddress/CityNm0ALBUQUERQUE
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087193
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0[email protected]
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES REARDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05058313778
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIO GRANDE FOOD PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0RIOG
ReturnHeader/Filer/EIN0201667103
ReturnHeader/Filer/PhoneNum05058313778
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 66498
ReturnHeader/Filer/USAddress/CityNm0ALBUQUERQUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd0871936493
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850232815
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HINKLE LANDERS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02500 9TH STREET NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087102
ReturnHeader/PreparerPersonGrp/PhoneNum05058838788

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.84$0.10$0.73$1.95$1.98$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.19$0.77$1.29$1.26$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.12$0.77$1.28$1.25$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.85$0.06$0.79$1.60$1.45$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.11$0.63$1.97$1.87$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.07$0.53$2.41$2.36$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.06$0.49$1.87$1.73$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.06$0.34$1.70$1.68$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.32$0.80$0.79$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.02$0.31$0.88$0.86$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.05$0.28$0.79$0.71$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.49$0.53$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.01$0.23$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.20