Civic Intelligence

Riverbend Environmental Education Center Inc.

990 • Fiscal year 2014 • EIN 23-7455526

Jan 01, 2014 to Dec 31, 2014 • Filed on May 20, 2015

1950 Spring Mill RoadGladwyne, PA 19035

(610) 527-5234

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.13x

Higher debt load relative to assets than 52% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.35x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

65th percentile

8.5%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

52nd percentile

2.6%

Faster asset growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

20th percentile

-11%

Faster revenue growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,146,375

Up $54,654 (+2.6%) from 2013

Net Assets

Up

$1,871,161

Up $67,241 (+3.7%) from 2013

Liabilities

Down

$275,214

Down $12,587 (-4.4%) from 2013

Revenue

Down

$791,218

Down $96,409 (-11%) from 2013

Expenses

Down

$723,977

Down $25,028 (-3.3%) from 2013

Net Income

Down

$67,241

Down $71,381 (-51%) from 2013

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 2011: $1,990,767Liabilities 2011: $311,976Net Assets 2011: $1,678,7912011Assets 2013: $2,091,721Liabilities 2013: $287,801Net Assets 2013: $1,803,9202013Assets 2014: $2,146,375Liabilities 2014: $275,214Net Assets 2014: $1,871,1612014Assets 2015: $2,283,456Liabilities 2015: $486,301Net Assets 2015: $1,797,1552015Assets 2017: $2,332,629Liabilities 2017: $293,507Net Assets 2017: $2,039,1222017Assets 2018: $2,284,555Liabilities 2018: $283,628Net Assets 2018: $2,000,9272018Assets 2019: $2,349,297Liabilities 2019: $265,791Net Assets 2019: $2,083,5062019Assets 2020: $2,307,040Liabilities 2020: $380,264Net Assets 2020: $1,926,7762020Assets 2021: $2,721,383Liabilities 2021: $390,485Net Assets 2021: $2,330,8982021Assets 2022: $2,876,671Liabilities 2022: $422,475Net Assets 2022: $2,454,1962022Assets 2024: $3,228,443Liabilities 2024: $487,197Net Assets 2024: $2,741,2462024

Highlighted filing

2014

Assets$2,146,375
Liabilities$275,214
Net Assets$1,871,161

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $617,9682011Revenue 2013: $887,627Expenses 2013: $749,005Net Income 2013: $138,6222013Revenue 2014: $791,218Expenses 2014: $723,977Net Income 2014: $67,2412014Revenue 2015: $791,978Expenses 2015: $865,984Net Income 2015: -$74,0062015Revenue 2017: $1,033,307Expenses 2017: $1,027,671Net Income 2017: $5,6362017Revenue 2018: $986,251Expenses 2018: $1,024,446Net Income 2018: -$38,1952018Revenue 2019: $1,112,292Expenses 2019: $1,029,713Net Income 2019: $82,5792019Revenue 2020: $524,840Expenses 2020: $681,570Net Income 2020: -$156,7302020Revenue 2021: $1,166,979Expenses 2021: $762,857Net Income 2021: $404,1222021Revenue 2022: $1,085,596Expenses 2022: $962,298Net Income 2022: $123,2982022Revenue 2024: $1,667,128Expenses 2024: $1,527,248Net Income 2024: $139,8802024

Highlighted filing

2014

Revenue$791,218
Expenses$723,977
Net Income$67,241
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 20, 2015
Return Version
2014v5.0
Gross Receipts
$811,261
Mission and Program Overview

Mission

Riverbend's mission is to teach environmental principles to children in southeastern pennsylvania through a direct connection with nature, inspiring respect for our natural world and action as aware, responsible and caring citizens through all of our programs we work to instill knowledge and to nurture an affinity for nature that will last a lifetime. Riverbend offers hands-on, high-quality, environmental education programs that unite children with the natural world while increasing their science knowledge. Our school programs provide students with much needed real world experiences. We also offer scout programs, family programs, summer and year-round camps, professional development for teachers, and volunteer opportunities. Riverbend's 30 acre preserve serves as an outdoor classroom for programming and is open for the public to enjoy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,589,206$1,563,060▼ $26,146
Savings and Temporary Cash Investments$478,004$415,415▼ $62,589
Cash and Non-Interest-Bearing Accounts-$148,823-
Intangible Assets$24,511$19,077▼ $5,434
Total Assets$2,091,721$2,146,375▲ $54,654
Liabilities
Mortgage Notes Payable Secured by Investment Property$287,801$275,214▼ $12,587
Total Liabilities$287,801$275,214▼ $12,587
Net Assets / Fund Balance
Unrestricted Net Assets$1,534,211$1,607,216▲ $73,005
Temporarily Rstr Net Assets$269,709$263,945▼ $5,764
Total Net Assets Fund Balance$1,803,920$1,871,161▲ $67,241
Total Liabilities and Net Assets / Fund Balance$2,091,721$2,146,375▲ $54,654

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$845,136$579,454$1,424,590
Land$662,350-$662,350
Equipment$55,574$56,515$112,089
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laurie BachmanExecutive DiFT$97,445$10,190$107,635
Revenue and Support

Revenue Composition

Contributions and Grants
$334,731
Program Service Revenue
$463,007
Investment Income
$83
Other Revenue
$-6,603
All Other Contributions
$275,011
Change in Net Assets
$67,241

Audited Revenue Reconciliation

Revenue per Audited Statements
$811,261
Revenue Not Reported on Financial Statements
$-20,043
Other Revenue Adjustments
$-20,043
Total Revenue per Audited Statements
$811,261
Total Revenue per Form 990
$791,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$430,899
Other Expenses$293,078
Total Fundraising Expense$46,159
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$249,425$25,173$11,618$286,216
Current Officers, Directors, Trustees, and Key Employees$78,287$14,617$14,731$107,635
Depreciation Depletion$51,310$5,198$2,013$58,521
Office Expenses$18,683$19,724$1,003$39,410
Fees for Services Other$19,803$4,481$10,900$35,184
Payroll Taxes$24,341$6,582$1,965$32,888
Insurance$18,980$2,109-$21,089
Travel$19,064$749-$19,813
Fees for Services Accounting-$16,750-$16,750
Interest$13,945$1,550-$15,495
Occupancy$13,111$266-$13,377
Advertising$6,473--$6,473
Information Technology-$2,394$2,095$4,489
Other Expenses$4,438$2,247$138$4,438
Other Employee Benefits$1,352$1,404$1,404$4,160
Conferences and Meetings$692-$292$984
Total Functional Expenses$570,643$107,175$46,159$723,977

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$744,020
Expenses per Audited Statements$723,977
Total Expenses per Form 990$723,977
Expenses Not Reported on Form 990$20,043
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$20,043
Fundraising Gross Income$13,440
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other$14,600-$274-
Shiverfest$31,058$11,190$8,169$3,021
Total Events$59,233$13,440$19,448$-6,008
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
Annual disclosure for covered persons
Yes
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
No
Conflict-of-interest policy
Yes
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 2

Michael haines william littleton vice chair director business relationship

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

A draft copy of the 990 is presented to the board of directors. Once approved by the board the 990 is made final and filed.

Form 990, Page 6, Part VI, Line 12C

Each employee and board member is asked to review any conflicts of interest on a yearly basis and disclose any possible conflicts to management.

Form 990, Page 6, Part VI, Line 15A

The board of directors, an independent source, determines the executive director's salary on a yearly basis.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Riverbend Environmental Education
EIN
23-7455526
Phone
6105275234
Address
1950 SPRING MILL ROAD, GLADWYNE, PA 19035

Signing Officer

Name
Leah Scharff Hepler
Title
Treasurer
Phone
6105275234
Signed
2015-05-20

Organization Details

Principal Officer
Lisa Thomas
Formed
1974
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
46
Volunteers
475

Preparer

Firm
Bee Bergvall & Co
Address
PO BOX 754, WARRINGTON, PA 18976-0754
Preparer
Cynthia R Bergvall CPA
Phone
2153432727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Riverbend's mission is to teach environmental principles to children in southeastern pennsylvania through a direct connection with nature, inspiring respect for our natural world and action as aware, responsible and caring citizens through all of our programs we work to instill knowledge and to nurture an affinity for nature that will last a lifetime. Riverbend offers hands-on, high-quality, environmental education programs that unite children with the natural world while increasing their science knowledge. Our school programs provide students with much needed real world experiences. We also offer scout programs, family programs, summer and year-round camps, professional development for teachers, and volunteer opportunities. Riverbend's 30 acre preserve serves as an outdoor classroom for programming and is open for the public to enjoy.

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

Had more than 19,000 per-student visits, including on-site for an educational field trip and offsite when we take our educational message into the classroom, along with our live animals, artifacts and educators. These experiential learning opportunities enrich the schools' science curriculum, address the pennsylvania state standards for science and technology, environment and ecology, while they provide fun, hands-on leaning opportunities for students to connect with the natural world. Outreach to children/access to nature is riverbends' program for schools in norristown, conshohocken, bridgeport, and philadelphia, serving students living in low-income, urban communities with little or no access to the natural world. In 2014, this program served a total of 4,295 individual students and comprised 65% of total per-student visits. Riverbend's summer camp is our longest running (over 30 years) and most well-known program. It is a day camp that runs all summer long for children ages 3-13 and serves approximately 80 children each week. Additionally, riverbend offers year-round camps on school holidays. In addition to the above mentioned programs, riverbend offers a kindergarten enrichment program for the school year, scout programs, birthday parties, and family public programs.

Form 990, Part XI, Line 9

Special event expenses 20,043 special event expenses -20,043

Financial Statement Notes

Schedule D, Page 3, Part X

As required by the fasb accounting standards codification, entities are required to determine whether it is more likely than not that a tax position will be sustained upon examination by the appropriate taxing authorities before any part of the benefit can be recorded in the financial statements. It also provides guidance on the recognition, measurement, and classification of income tax uncertainties, along with any related interest or penalties. This standard had no impact on the center's financial statements. The center's federal tax return is subject to audit by taxing authorities. The center's returns open audit periods are for the fiscal years ending december 31, 2011-2013.

Schedule D, Page 4, Part XI, Line 4B

Special event expenses -20,043

Schedule D, Page 4, Part XII, Line 2D

Special event expenses 20,043

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IRS990/Desc0RIVERBEND'S PURPOSE IS TO DELIVER ENVIRONMENTAL EDUCATION PROGRAMS FOR CHILDREN THAT INCREASE THEIR APPRECIATION AND KNOWLEDGE OF THE NATURAL WORLD, THUS FOSTERING A JOY OF SCIENCE LEARNING AND ENVIRONMENTAL STEWARDSHIP. SINCE 1974, RIVERBEND HAS BEEN CREATING A DEEP, GENUINE CONNECTION BETWEEN CHILDREN AND NATURE. CURRENTLY, WE SERVE ALMOST 19,000 INDIVIDUALS WITH MORE THAN 35,000 PROGRAM VISITS ANNUALLY THROUGH OUR MYRIAD OF DIVERSE PROGRAM OFFERINGS. PROGRAMS ARE GUIDED BY OUR MISSION STATEMENT, VISION STATEMENT, AND STRATEGIC PLAN AS WE SERVE THE NEEDS OF OUR TARGET CONSTITUENCY, CHILDREN IN SOUTHEASTERN PENNSYLVANIA. WE STRIVE TO OFFER PROGRAMS THAT ARE RELEVANT, INFORMATIVE, FUN, AND INSPIRING. RIVERBEND'S SCHOOL PROGRAMS ARE THE CORE OF OUR PROGRAMMING. IN 2014, WE HAD MORE THAN 19,000 PER-STUDENT VISITS, INCLUDING ON-SITE FOR AN EDUCATIONAL FIELD TRIP AND OFFSITE WHEN WE TAKE OUR EDUCATIONAL MESSAGE INTO THE CLASSROOM, ALONG WITH OUR LIVE ANIMALS, ARTIFACTS AND EDUCATORS. THESE EXPERIENTIAL LEARNING OPPORTUNITIES ENRICH THE SCHOOLS' SCIENCE CURRICULUM, ADDRESS THE PENNSYLVANIA STATE STANDARDS FOR SCIENCE AND TECHNOLOGY, ENVIRONMENT AND ECOLOGY, WHILE THEY PROVIDE FUN, HANDS-ON LEANING OPPORTUNITIES FOR STUDENTS TO CONNECT WITH THE NATURAL WORLD. OUTREACH TO CHILDREN/ACCESS TO NATURE IS RIVERBENDS' PROGRAM FOR SCHOOLS IN NORRISTOWN, CONSHOHOCKEN, BRIDGEPORT, AND PHILADELPHIA, SERVING STUDENTS LIVING IN LOW-INCOME, URBAN COMMUNITIES WITH LITTLE OR NO ACCESS TO THE NATURAL WORLD. IN 2014, THIS PROGRAM SERVED A TOTAL OF 4,295 INDIVIDUAL STUDENTS AND COMPRISED 65% OF TOTAL PER-STUDENT VISITS. RIVERBEND'S SUMMER CAMP IS OUR LONGEST RUNNING (OVER 30 YEARS) AND MOST WELL-KNOWN PROGRAM. IT IS A DAY CAMP THAT RUNS ALL SUMMER LONG FOR CHILDREN AGES 3-13 AND SERVES APPROXIMATELY 80 CHILDREN EACH WEEK. ADDITIONALLY, RIVERBEND OFFERS YEAR-ROUND CAMPS ON SCHOOL HOLIDAYS. IN ADDITION TO THE ABOVE MENTIONED PROGRAMS, RIVERBEND OFFERS A KINDERGARTEN ENRICHMENT PROGRAM FOR THE SCHOOL YEAR, SCOUT PROGRAMS, BIRTHDAY PARTIES, AND FAMILY PUBLIC PROGRAMS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS REQUIRED BY THE FASB ACCOUNTING STANDARDS CODIFICATION, ENTITIES ARE REQUIRED TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITIES BEFORE ANY PART OF THE BENEFIT CAN BE RECORDED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. THIS STANDARD HAD NO IMPACT ON THE CENTER'S FINANCIAL STATEMENTS. THE CENTER'S FEDERAL TAX RETURN IS SUBJECT TO AUDIT BY TAXING AUTHORITIES. THE CENTER'S RETURNS OPEN AUDIT PERIODS ARE FOR THE FISCAL YEARS ENDING DECEMBER 31, 2011-2013.
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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