Civic Intelligence

Three Rivers Community Foundation

990 • Fiscal year 2018 • EIN 25-1615511

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

100 North Braddock Ave Suite 302Pittsburgh, PA 15208

(412) 243-9250

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

65th percentile

6.1%

Faster asset growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2018

Revenue Growth

69th percentile

14%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2018

Assets

Up

$1,057,712

Up $171,988 (+19%) from 2015

Net Assets

Up

$1,056,068

Up $178,469 (+20%) from 2015

Liabilities

Down

$1,644

Down $6,481 (-80%) from 2015

Revenue

Up

$266,426

Up $87,043 (+49%) from 2015

Expenses

Down

$101,519

Down $58,943 (-37%) from 2015

Net Income

Up

$164,907

Up $145,986 (+772%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $947,341Liabilities 2010: $36,700Net Assets 2010: $910,6412010Assets 2011: $1,016,434Liabilities 2011: $5,465Net Assets 2011: $1,010,9692011Assets 2012: $903,415Liabilities 2012: $8,952Net Assets 2012: $894,4632012Assets 2013: $902,154Liabilities 2013: $7,422Net Assets 2013: $894,7322013Assets 2014: $971,883Liabilities 2014: $7,334Net Assets 2014: $964,5492014Assets 2015: $885,724Liabilities 2015: $8,125Net Assets 2015: $877,5992015Assets 2018: $1,057,712Liabilities 2018: $1,644Net Assets 2018: $1,056,0682018

Highlighted filing

2018

Assets$1,057,712
Liabilities$1,644
Net Assets$1,056,068

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $73,840Expenses 2010: $152,716Net Income 2010: -$78,8762010Expenses 2011: $170,0802011Expenses 2012: $138,6682012Expenses 2013: $141,4532013Revenue 2014: $130,750Expenses 2014: $167,706Net Income 2014: -$36,9562014Revenue 2015: $179,383Expenses 2015: $160,462Net Income 2015: $18,9212015Revenue 2018: $266,426Expenses 2018: $101,519Net Income 2018: $164,9072018

Highlighted filing

2018

Revenue$266,426
Expenses$101,519
Net Income$164,907
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$266,426
Mission and Program Overview

Mission

Three rivers community foundation advances social change through grantmaking, advocacy, and capacity development for grassroots and other organizations. Trcf embraces and practices "change, not charity" by empowering grantee organizations to ensure social, economic, and environmental justice in southwestern pennsylvania.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$904,893$1,024,747▲ $119,854
Cash and Non-Interest-Bearing Accounts$23,913$32,965▲ $9,052
Total Assets$928,806$1,057,712▲ $128,906
Liabilities
Other Liabilities$1,644$1,644→ $0
Total Liabilities$1,644$1,644→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$960,086$960,086→ $0
Unrestricted Net Assets$-32,924$95,982▲ $128,906
Total Net Assets Fund Balance$927,162$1,056,068▲ $128,906
Total Liabilities and Net Assets / Fund Balance$928,806$1,057,712▲ $128,906

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$12,926$12,926

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$899,845-▲ $84,578$65,565$891,719
Compensation and Service Providers

Board Members and Trustees

NameTitle
Reverend Sally Jo SnyderPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$210,691
Program Service Revenue
$0
Investment Income
$55,735
Other Revenue
$0
All Other Contributions
$210,691
Change in Net Assets
$164,907

Audited Revenue Reconciliation

Revenue per Audited Statements
$266,426
Total Revenue per Audited Statements
$266,426
Total Revenue per Form 990
$266,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,637
Salaries, Compensation, and Employee Benefits$35,882
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$38,000--$38,000
Other Salaries and Wages$29,547--$29,547
Fees for Service Investment Mgmnt Fees$12,470--$12,470
Occupancy$5,700--$5,700
Office Expenses$5,050--$5,050
Other Employee Benefits$3,460--$3,460
Payroll Taxes$2,875--$2,875
Advertising$2,657--$2,657
Insurance$1,628--$1,628
Travel$96--$96
Conferences and Meetings$36--$36
Total Functional Expenses$101,519$0$0$101,519

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$101,519
Total Expenses per Audited Statements$101,519
Total Expenses per Form 990$101,519
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$1,644
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 11B

Our independent auditors prepare and deliver a draft of the form 990 to the treasurer of our organization and it is available to all members of the board of directors for their review. Everyone is given time to review the draft form 990 and respond to our auditors with their comments. After this period, all appropriate edits are made to the draft form 990. The final edited version is then filed with the internal revenue service.

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

Annually all board members are provided with a copy of the organization's conflict of interest policy to read and review. All board members are required to disclose all current conflicts and any other conflicts as they arise. This way management and the board can monitor all conflicts and enforce the conflict of interest policy on a current basis.

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

The compensation of our executive director is reviewed annually by the board of directors. The board reviews compensation data obtained from various sources on the internet, and comparing other executive director compensation in similar industries and budget size as reported on these organization's form 990.

Form 990, Page 6, Part VI, Line 19

The organization will provide copies of governing documents, conflict of interest policy, and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Three Rivers Community Foundation
EIN
25-1615511
Phone
4122439250
Address
100 NORTH BRADDOCK AVE SUITE 302, PITTSBURGH, PA 15208

Signing Officer

Name
Anne Lynch
Title
Manager of Operation
Phone
4122439250
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reverend Sally Jo Snyder
Formed
1989
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
2

Preparer

Firm
Buckler Mckenney & Nadzadi Pc
Address
116 FOX PLAN ROAD, MONROEVILLE, PA 15146
Preparer
Mitchell K Mckenney
Phone
4128567880
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Three rivers community foundation advances social change through grantmaking, advocacy, and capacity development for grassroots and other organizations. Trcf embraces and practices "change, not charity" by empowering grantee organizations to ensure social, economic, and environmental justice in southwestern pennsylvania.

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

Internship program trcf has several internship positions open to college and university students, in addition to non-traditional students and interested volunteers. Internship positions include things such as outreach, youth program facilitators, fund development, blog writing, public relations, website development, and special events planning.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THREE RIVERS COMMUNITY FOUNDATION ADVANCES SOCIAL CHANGE THROUGH GRANTMAKING, ADVOCACY, AND CAPACITY DEVELOPMENT FOR GRASSROOTS AND OTHER ORGANIZATIONS. TRCF EMBRACES AND PRACTICES "CHANGE, NOT CHARITY" BY EMPOWERING GRANTEE ORGANIZATIONS TO ENSURE SOCIAL, ECONOMIC, AND ENVIRONMENTAL JUSTICE IN SOUTHWESTERN PENNSYLVANIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INTERNSHIP PROGRAM TRCF HAS SEVERAL INTERNSHIP POSITIONS OPEN TO COLLEGE AND UNIVERSITY STUDENTS, IN ADDITION TO NON-TRADITIONAL STUDENTS AND INTERESTED VOLUNTEERS. INTERNSHIP POSITIONS INCLUDE THINGS SUCH AS OUTREACH, YOUTH PROGRAM FACILITATORS, FUND DEVELOPMENT, BLOG WRITING, PUBLIC RELATIONS, WEBSITE DEVELOPMENT, AND SPECIAL EVENTS PLANNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OUR INDEPENDENT AUDITORS PREPARE AND DELIVER A DRAFT OF THE FORM 990 TO THE TREASURER OF OUR ORGANIZATION AND IT IS AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. EVERYONE IS GIVEN TIME TO REVIEW THE DRAFT FORM 990 AND RESPOND TO OUR AUDITORS WITH THEIR COMMENTS. AFTER THIS PERIOD, ALL APPROPRIATE EDITS ARE MADE TO THE DRAFT FORM 990. THE FINAL EDITED VERSION IS THEN FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY ALL BOARD MEMBERS ARE PROVIDED WITH A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY TO READ AND REVIEW. ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ALL CURRENT CONFLICTS AND ANY OTHER CONFLICTS AS THEY ARISE. THIS WAY MANAGEMENT AND THE BOARD CAN MONITOR ALL CONFLICTS AND ENFORCE THE CONFLICT OF INTEREST POLICY ON A CURRENT BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF OUR EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. THE BOARD REVIEWS COMPENSATION DATA OBTAINED FROM VARIOUS SOURCES ON THE INTERNET, AND COMPARING OTHER EXECUTIVE DIRECTOR COMPENSATION IN SIMILAR INDUSTRIES AND BUDGET SIZE AS REPORTED ON THESE ORGANIZATION'S FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WILL PROVIDE COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MITCHELL K MCKENNEY
ReturnHeader/ReturnTs02019-05-15T15:02:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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