Civic Intelligence

Riverside Educational Center

990 • Fiscal year 2021 • EIN 20-5451495

Jul 01, 2020 to Jun 30, 2021 • Filed on May 04, 2022

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

82nd percentile

0.46x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

54th percentile

0.11x

Higher debt load relative to revenue than 54% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

34th percentile

4.1%

Higher net margin than 34% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

65th percentile

$90,000

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

5th percentile

-17%

Faster asset growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

83rd percentile

74%

Faster revenue growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$579,916

Down $119,043 (-17%) from 2020

Net Assets

Up

$311,288

Up $152,040 (+95%) from 2020

Liabilities

Down

$268,628

Down $271,083 (-50%) from 2020

Revenue

Up

$2,415,085

Up $1,028,426 (+74%) from 2020

Expenses

Up

$2,315,821

Up $725,308 (+46%) from 2020

Net Income

Up

$99,264

Up $303,118 (+149%) from 2020

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

2021

Assets$579,916
Liabilities$268,628
Net Assets$311,288

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

2021

Revenue$2,415,085
Expenses$2,315,821
Net Income$99,264
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 4, 2022
Return Version
2020v4.0
Gross Receipts
$2,420,706
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
Pledges and Grants Receivable$121,855$291,570▲ $169,715
Cash and Non-Interest-Bearing Accounts$458,061$147,471▼ $310,590
Land, Buildings, and Equipment, Net$115,719$136,517▲ $20,798
Prepaid Expenses and Deferred Charges$3,324$4,358▲ $1,034
Total Assets$698,959$579,916▼ $119,043
Liabilities
Unsecured Notes Loans Payable$212,301--
Other Liabilities$283,546$183,828▼ $99,718
Accounts Payable and Accrued Expenses$43,864$84,800▲ $40,936
Total Liabilities$539,711$268,628▼ $271,083
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$135,682$278,788▲ $143,106
Net Assets With Donor Restrictions$23,566$32,500▲ $8,934
Total Net Assets Fund Balance$159,248$311,288▲ $152,040
Total Liabilities and Net Assets / Fund Balance$698,959$579,916▼ $119,043

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$136,517$65,652$202,169
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joy HudakExecutive DiFT$90,000$90,000

Board Members and Trustees

NameTitle
Kelly ReussPresident
Alicia RamirezDirector
Angela HegstromDirector
Brian HillDirector
Dennis BerryDirector
Estrella RuizDirector
Kyle HunkeDirector
Louise GoodmanDirector
Sally GaglioneDirector
Steve BennettDirector
Sue GormleyDirector
Kristine KampfSecretary
Bill RaimerTreasurer
Gordon GallagherVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,044,780
Program Service Revenue
$235,741
Investment Income
$636
Other Revenue
$133,928
All Other Contributions
$2,044,780
Change in Net Assets
$99,264

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,415,085
Total Revenue per Audited Statements
$2,415,085
Total Revenue per Form 990
$2,415,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,687,591
Other Expenses$628,230
Total Fundraising Expense$36,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$986,983$219,749$28,687$1,235,419
Payroll Taxes$218,370$54,593-$272,963
Occupancy$111,816--$111,816
Current Officers, Directors, Trustees, and Key Employees$84,600$4,230$1,170$90,000
Other Employee Benefits$72,414$16,795-$89,209
All Other Expenses$24,197$17,017-$41,214
Other Expenses$28,375$720$3,239$29,095
Depreciation Depletion$17,320$7,367-$24,687
Fees for Services Other$3,294$16,780-$20,074
Conferences and Meetings$6,717--$6,717
Advertising-$75$2,936$3,011
Total Functional Expenses$1,925,230$354,559$36,032$2,315,821

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,315,821
Total Expenses per Audited Statements$2,315,821
Total Expenses per Form 990$2,315,821
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$130,153
Fundraising Direct Expenses$5,621
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$130,153$130,153-$130,153
Total Events$130,153$130,153$5,621$124,532
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$172,038
Unearned Revenue$11,790
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
Kelly Reuss
Title
President
Phone
9705895039
Signed
2022-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Reuss
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
14
Employees
279

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/OtherExpensesGrp/ManagementAndGeneralAmt08583
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18650
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2720
IRS990/OtherExpensesGrp/ProgramServicesAmt0225502
IRS990/OtherExpensesGrp/ProgramServicesAmt1121517
IRS990/OtherExpensesGrp/ProgramServicesAmt224125
IRS990/OtherExpensesGrp/ProgramServicesAmt328375
IRS990/OtherExpensesGrp/TotalAmt0237324
IRS990/OtherExpensesGrp/TotalAmt1121517
IRS990/OtherExpensesGrp/TotalAmt232775
IRS990/OtherExpensesGrp/TotalAmt329095
IRS990/OtherLiabilitiesGrp/BOYAmt0283546
IRS990/OtherLiabilitiesGrp/EOYAmt0183828
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09396
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09396
IRS990/OtherRevenueTotalAmt09396
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt028687
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0219749
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0986983
IRS990/OtherSalariesAndWagesGrp/TotalAmt01235419
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt054593
IRS990/PayrollTaxesGrp/ProgramServicesAmt0218370
IRS990/PayrollTaxesGrp/TotalAmt0272963
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0121855
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0291570
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03324
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04358
IRS990/PrincipalOfficerNm0KELLY REUSS
IRS990/PriorPeriodAdjustmentsAmt052776
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0235741
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0235741
IRS990/ProgSrvcAccomActyOtherGrp/Desc0AFTER SCHOOL TUTORING
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01159268
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01199
IRS990/PYOtherExpensesAmt0383052
IRS990/PYOtherRevenueAmt0111957
IRS990/PYProgramServiceRevenueAmt0114235
IRS990/PYRevenuesLessExpensesAmt0-203854
IRS990/PYSalariesCompEmpBnftPaidAmt01207461
IRS990/PYTotalExpensesAmt01590513
IRS990/PYTotalRevenueAmt01386659
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt099264
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02044780
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01159268
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01218863
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0440806
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0306830
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05170547
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0245773
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0132764
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0379506
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt0123532
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt093627
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt082833
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt059571
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt065904
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0425467
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92880
IRS990ScheduleA/PublicSupportPY509Pct00.92190
IRS990ScheduleA/PublicSupportTotal509Amt05550053
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02290553
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01292032
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01219832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0440806
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0306830
IRS990ScheduleA/Total509Grp/TotalAmt05550053
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02414085
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01385659
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01302665
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0500377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0372734
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05975520
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/BookValueAmt0136517
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065652
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0202169
IRS990ScheduleD/ExpensesSubtotalAmt02315821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0172038
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED REVENUE
IRS990ScheduleD/RevenueSubtotalAmt02415085
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0136517
IRS990ScheduleD/TotalExpensesPerForm990Amt02315821
IRS990ScheduleD/TotalLiabilityAmt0183828
IRS990ScheduleD/TotalRevenuePerForm990Amt02415085
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02415085
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02315821
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05621
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt05621
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05621
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0130153
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0130153
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0130153
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0130153
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0124532
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
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0698959

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.$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
2021Detailed filing. Detailed filing data is available for this year.$0.58$0.27$0.31$2.42$2.32$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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