Civic Intelligence

Riverside Educational Center

990 • Fiscal year 2020 • EIN 20-5451495

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 12, 2021

PO Box 4367Grand Junction, CO 81502

(970) 589-5039

Siviq Scores

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

Liabilities / Assets

89th percentile

0.77x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.39x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$82,550

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

80th percentile

34%

Faster asset growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

6.4%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$698,959

Up $175,524 (+34%) from 2019

Net Assets

Down

$159,248

Down $203,854 (-56%) from 2019

Liabilities

Up

$539,711

Up $379,378 (+237%) from 2019

Revenue

Up

$1,386,659

Up $82,994 (+6.4%) from 2019

Expenses

Up

$1,590,513

Up $326,488 (+26%) from 2019

Net Income

Down

-$203,854

Down $243,494 (-614%) from 2019

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: $164,401Liabilities 2012: $1,670Net Assets 2012: $162,7312012Assets 2013: $192,208Liabilities 2013: $1,670Net Assets 2013: $190,5382013Assets 2014: $189,086Liabilities 2014: $1,670Net Assets 2014: $187,4162014Assets 2015: $265,582Liabilities 2015: $545Net Assets 2015: $265,0372015Assets 2016: $263,184Liabilities 2016: $545Net Assets 2016: $262,6392016Assets 2017: $264,174Liabilities 2017: $0Net Assets 2017: $264,1742017Assets 2018: $323,462Liabilities 2018: $0Net Assets 2018: $323,4622018Assets 2019: $523,435Liabilities 2019: $160,333Net Assets 2019: $363,1022019Assets 2020: $698,959Liabilities 2020: $539,711Net Assets 2020: $159,2482020Assets 2021: $579,916Liabilities 2021: $268,628Net Assets 2021: $311,2882021Assets 2022: $803,471Liabilities 2022: $283,661Net Assets 2022: $519,8102022Assets 2023: $3,109,137Liabilities 2023: $283,521Net Assets 2023: $2,825,6162023

Highlighted filing

2020

Assets$698,959
Liabilities$539,711
Net Assets$159,248

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $236,249Expenses 2012: $239,640Net Income 2012: -$3,3912012Expenses 2013: $255,0142013Revenue 2014: $241,398Expenses 2014: $244,520Net Income 2014: -$3,1222014Revenue 2015: $323,787Expenses 2015: $246,166Net Income 2015: $77,6212015Revenue 2016: $301,514Expenses 2016: $303,912Net Income 2016: -$2,3982016Revenue 2017: $373,734Expenses 2017: $372,199Net Income 2017: $1,5352017Revenue 2018: $501,377Expenses 2018: $442,089Net Income 2018: $59,2882018Revenue 2019: $1,303,665Expenses 2019: $1,264,025Net Income 2019: $39,6402019Revenue 2020: $1,386,659Expenses 2020: $1,590,513Net Income 2020: -$203,8542020Revenue 2021: $2,415,085Expenses 2021: $2,315,821Net Income 2021: $99,2642021Revenue 2022: $3,756,847Expenses 2022: $3,548,325Net Income 2022: $208,5222022Revenue 2023: $6,672,486Expenses 2023: $4,366,680Net Income 2023: $2,305,8062023

Highlighted filing

2020

Revenue$1,386,659
Expenses$1,590,513
Net Income-$203,854
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 12, 2021
Return Version
2019v5.0
Gross Receipts
$1,401,550
Mission and Program Overview

Mission

Tutoring & after school enrichment - over 70 students served every semester

Tutoring & after school enrichment - over 150 students served every semester

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$189,321$458,061▲ $268,740
Pledges and Grants Receivable$249,518$121,855▼ $127,663
Land, Buildings, and Equipment, Net$84,596$115,719▲ $31,123
Prepaid Expenses and Deferred Charges-$3,324-
Total Assets$523,435$698,959▲ $175,524
Liabilities
Other Liabilities$74,759$283,546▲ $208,787
Unsecured Notes Loans Payable-$212,301-
Accounts Payable and Accrued Expenses$85,574$43,864▼ $41,710
Total Liabilities$160,333$539,711▲ $379,378
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$339,552$135,682▼ $203,870
Net Assets With Donor Restrictions$23,550$23,566▲ $16
Total Net Assets Fund Balance$363,102$159,248▼ $203,854
Total Liabilities and Net Assets / Fund Balance$523,435$698,959▲ $175,524

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$115,719$46,051$161,770
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joy HudakExecutive DiFT$82,550$82,550

Board Members and Trustees

NameTitle
Angelina SalazarPresident
Andy SmithDirector
Angela HegstromDirector
Becky HobartDirector
Brian HillDirector
Brigitte SundermannDirector
Dennis BerryDirector
Jennifer ChristDirector
Kyle HunkeDirector
Louise GoodmanDirector
Mark MadsenDirector
Miriam RodriguezDirector
Sally GaglioneDirector
Kristine KampfSecretary
Bill RaimerTreasurer
Sue GormleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,159,268
Program Service Revenue
$114,235
Investment Income
$1,199
Other Revenue
$111,957
All Other Contributions
$1,159,268
Change in Net Assets
$-203,854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,207,461
Other Expenses$383,052
Total Fundraising Expense$19,065
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$780,362$171,363$15,157$966,882
Payroll Taxes$90,912$6,884$888$98,684
Current Officers, Directors, Trustees, and Key Employees$77,597$3,880$1,073$82,550
Other Employee Benefits$49,803$9,542-$59,345
Occupancy$32,000--$32,000
Other Expenses$14,618$8,534$992$23,152
All Other Expenses$9,425$11,280-$20,705
Depreciation Depletion$17,320$757-$18,077
Insurance$16,612$1,010-$17,622
Fees for Services Other$7,900$4,566-$12,466
Conferences and Meetings$6,772--$6,772
Advertising-$993$955$1,948
Total Functional Expenses$1,342,832$228,616$19,065$1,590,513
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$109,518
Fundraising Direct Expenses$14,891
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$109,518$109,518-$109,518
Total Events$109,518$109,518$14,891$94,627
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Revenue$149,802
Accrued Liabilities$133,744
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

REVIEWED BY TREASURER

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Riverside Educational Center
EIN
20-5451495
Phone
9705895039
Address
PO BOX 4367, GRAND JUNCTION, CO 81502

Signing Officer

Name
Angelina Salazar
Title
President
Phone
9705895039
Signed
2021-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angelina Salazar
Legal Domicile
Co
Voting Board Members
16
Independent Board Members
16
Employees
187
Volunteers
100

Preparer

Firm
Soronen Donley Patterson CPA Pc
Address
706 S 9TH ST 1, GRAND JUNCTION, CO 81501-3736
Preparer
David L Patterson CPA
Phone
9702418346
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

TUTORS

Form 990, Page 2, Part III, Line 4D

AFTER SCHOOL TUTORING

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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09542
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt049803
IRS990/OtherEmployeeBenefitsGrp/TotalAmt059345
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1ENRICHMENT
IRS990/OtherExpensesGrp/Desc2TRANSPORTATION EXPENSE
IRS990/OtherExpensesGrp/Desc3CONTRACTED SERVICES
IRS990/OtherExpensesGrp/FundraisingAmt0992
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04907
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14900
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28534
IRS990/OtherExpensesGrp/ProgramServicesAmt0135254
IRS990/OtherExpensesGrp/ProgramServicesAmt184780
IRS990/OtherExpensesGrp/ProgramServicesAmt219477
IRS990/OtherExpensesGrp/ProgramServicesAmt314618
IRS990/OtherExpensesGrp/TotalAmt0141153
IRS990/OtherExpensesGrp/TotalAmt184780
IRS990/OtherExpensesGrp/TotalAmt224377
IRS990/OtherExpensesGrp/TotalAmt323152
IRS990/OtherLiabilitiesGrp/BOYAmt074759
IRS990/OtherLiabilitiesGrp/EOYAmt0283546
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017330
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017330
IRS990/OtherRevenueTotalAmt017330
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015157
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0171363
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0780362
IRS990/OtherSalariesAndWagesGrp/TotalAmt0966882
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0888
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06884
IRS990/PayrollTaxesGrp/ProgramServicesAmt090912
IRS990/PayrollTaxesGrp/TotalAmt098684
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0249518
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0121855
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03324
IRS990/PrincipalOfficerNm0ANGELINA SALAZAR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0114235
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0114235
IRS990/ProgSrvcAccomActyOtherGrp/Desc0AFTER SCHOOL TUTORING
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01218863
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0969
IRS990/PYOtherExpensesAmt0391744
IRS990/PYOtherRevenueAmt083833
IRS990/PYRevenuesLessExpensesAmt039640
IRS990/PYSalariesCompEmpBnftPaidAmt0872281
IRS990/PYTotalExpensesAmt01264025
IRS990/PYTotalRevenueAmt01303665
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-203854
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01159268
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01218863
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0440806
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0306830
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0211822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03337589
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0132764
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt093538
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0227271
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt093627
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt082833
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt059571
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt065904
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0301935
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92190
IRS990ScheduleA/PublicSupportPY509Pct00.92610
IRS990ScheduleA/PublicSupportTotal509Amt03564860
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01292032
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01219832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0440806
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0306830
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0305360
IRS990ScheduleA/Total509Grp/TotalAmt03564860
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01385659
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01302665
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0500377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0372734
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0305360
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03866795
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0115719
IRS990ScheduleD/EquipmentGrp/DepreciationAmt046051
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0161770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0149802
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1133744
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0115719
IRS990ScheduleD/TotalLiabilityAmt0283546
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt014891
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt014891
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt014891
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0109518
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0109518
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0109518
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0109518
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt094627
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TUTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFTER SCHOOL TUTORING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.11$0.28$2.83$6.67$4.37$2.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.28$0.52$3.76$3.55$0.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.27$0.31$2.42$2.32$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.54$0.16$1.39$1.59$0.20
2019Summary only. Only limited summary data is available for this year.$0.52$0.16$0.36$1.30$1.26$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$0.50$0.44$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$0.37$0.37$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$0.30$0.30$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.32$0.25$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.24$0.24$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.26
2012Summary only. Only limited summary data is available for this year.$0.16$0.00$0.16$0.24$0.24$0.00