Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
The Riverbend Academy Inc
EIN 20-5397816 • 501(c)3
Profile
Community programs for the visual and performing arts.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.08x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
34th percentile
Higher net margin than 34% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
26th percentile
Faster asset growth than 26% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Balance Sheet
Assets
Down$11,097
Down $3,950 (-26%) from 2012
Liabilities
Up$894
Up $894 from 2012
Net Assets
Down$10,203
Down $4,844 (-32%) from 2012
Revenue
Up$70,087
Up $920 (+1.3%) from 2012
Expenses
Down$74,931
Down $17,251 (-19%) from 2012
Net Income
Up-$4,844
Up $18,171 (+79%) from 2012
Trend Graphs
Filings
Most recent year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $11,097
- Liabilities
- $894
- Net assets
- $10,203
- Revenue
- $70,087
- Expenses
- $74,931
- Net income
- -$4,844
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Nov 17, 2014
- Return Version
- 2013v3.0
- Gross Receipts
- $96,052
Mission and Program Overview
Mission
Community programs for the visual and performing arts.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE RIVERBEND ACADEMY IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATION PURPOSES. THE MISSION IS TO CREATE AN INDEPENDENT SCHOOL THAT IS AN INCLUSIVE FAITH BASED INITIATIVE TO ENHANCE THE QUALITY OF LIFE IN THE REGION BY ENGAGING THE COMMUNITY WITH HIGH QUALITY ARTS ENRICHMENT AND CULTURE. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEVE CASEY | Chairman | - | $0 | - | - |
| SUSIE WATKINS | Secretary | - | $0 | - | - |
| JULIE STRUCK | Treasurer | - | $0 | - | - |
| ABBIE GROVE | Board Member | - | $0 | - | - |
| BARBARA BEGLEY | Board Member | - | $0 | - | - |
| BERTHA WARNER | Board Member | - | $0 | - | - |
| JENNIFER PARKER | Board Member | - | $0 | - | - |
| JOANN BRANSON | Board Member | - | $0 | - | - |
| MEGAN MORTIS | Board Member | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Event 2 | $30,451 | $30,451 | $15,100 | $15,351 |
| Event 1 | $13,975 | $13,975 | $6,959 | $7,016 |
| Total Events | $50,061 | $50,061 | $25,965 | $24,096 |
Filing and Contact Details
Filer
- EIN
- 20-5397816
- Phone
- 2708279420
Signing Officer
- Name
- Steve Casey
- Title
- Chairman
- Phone
- 2708279420
- Signed
- 2014-11-17
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Anne Rakestraw CPA
- Phone
- 2708271577
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: facility rental. Amount: 3,180.”
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 1,435. Description: other expenses. Amount: 37,293. Total to form 990-ez, line 14: 38,728.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: dues & subscriptions. Amount: 749. Description: insurance expense. Amount: 1,061. Description: supplies. Amount: 515. Description: scholarships. Amount: 16,108. Description: bank charges. Amount: 122. Description: advertising. Amount: 60. Description: miscellaneous. Amount: 830. Total to form 990-ez, line 16: 19,445.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: prepaid expenses. Beg. Of year amount: 2,668. End of year amount: 2,668. Description: accts rec. Beg. Of year amount: 0. End of year amount: 2,266. Description: other depreciable assets. Beg. Of year amount: 5,359. End of year amount: 3,926.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: other liabilities. Beg. Of year amount: 0. End of year amount: 894.”
Raw XML Appendix212 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | HENDERSON |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | KY |
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| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 50061 |
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| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
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| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
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| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 15047 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 10203 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 8 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | JOANN BRANSON |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 8027 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 8860 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 19445 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 3180 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | COMMUNITY PROGRAMS FOR THE VISUAL AND PERFORMING ARTS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 37767 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE RIVERBEND ACADEMY IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATION PURPOSES. THE MISSION IS TO CREATE AN INDEPENDENT SCHOOL THAT IS AN INCLUSIVE FAITH BASED INITIATIVE TO ENHANCE THE QUALITY OF LIFE IN THE REGION BY ENGAGING THE COMMUNITY WITH HIGH QUALITY ARTS ENRICHMENT AND CULTURE. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 25965 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 24096 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | KY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 894 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 74931 |
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| IRS990EZ/TotalRevenueAmt | 0 | 70087 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.RIVERBENDACADEMYARTS.ORG |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3459 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 83975 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 3180 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5140 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3250 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2250 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2005 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 15825 |
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| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 108218 |
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| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 109789 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 503855 |
| IRS990ScheduleA/PrivateFoundation170Ind | 0 | X |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.13910 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.29300 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 83975 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5044 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 83975 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 603655 |
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| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 13975 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 30451 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt | 0 | 5635 |
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| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 13975 |
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| IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt | 0 | DANCING WITH THE STARS |
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| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 15100 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt | 0 | 3 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: FACILITY RENTAL. AMOUNT: 3,180. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DEPRECIATION. AMOUNT: 1,435. DESCRIPTION: OTHER EXPENSES. AMOUNT: 37,293. TOTAL TO FORM 990-EZ, LINE 14: 38,728. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 749. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 1,061. DESCRIPTION: SUPPLIES. AMOUNT: 515. DESCRIPTION: SCHOLARSHIPS. AMOUNT: 16,108. DESCRIPTION: BANK CHARGES. AMOUNT: 122. DESCRIPTION: ADVERTISING. AMOUNT: 60. DESCRIPTION: MISCELLANEOUS. AMOUNT: 830. TOTAL TO FORM 990-EZ, LINE 16: 19,445. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 2,668. END OF YEAR AMOUNT: 2,668. DESCRIPTION: ACCTS REC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,266. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 5,359. END OF YEAR AMOUNT: 3,926. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 894. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVE CASEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2708279420 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | THE RIVERBEND ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RIVE |
| ReturnHeader/Filer/EIN | 0 | 205397816 |
| ReturnHeader/Filer/PhoneNum | 0 | 2708279420 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 145 N MAIN STREET PO BOX 482 |
| ReturnHeader/Filer/USAddress/City | 0 | HENDERSON |
| ReturnHeader/Filer/USAddress/State | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 424190482 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 611429497 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | MYRIAD CPA GROUP LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 300 FIRST STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | HENDERSON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 42420 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2708271577 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANNE RAKESTRAW CPA |
| ReturnHeader/ReturnTs | 0 | 2014-11-17T13:47:45-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
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