Civic Intelligence

Real Skills Network Inc

990 • Fiscal year 2017 • EIN 26-1086662

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

126 South Cherry StreetPoughkeepsie, NY 12601

(845) 454-6088

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.08x

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

2017 filings • NTEE O50 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • NTEE O50 • <$500k nonprofits • Source year 2017

Net Margin

12th percentile

-18%

Higher net margin than 12% of similar nonprofits.

2017 filings • NTEE O50 • <$500k nonprofits • Source year 2017

Top Officer Pay

78th percentile

$13,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2017 filings • NTEE O50 • <$500k nonprofits • Source year 2017

Asset Growth

7th percentile

-56%

Faster asset growth than 7% of similar nonprofits.

2017 filings • NTEE O50 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

30%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • NTEE O50 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$45,152

Down $56,624 (-56%) from 2016

Net Assets

Down

$41,719

Down $59,673 (-59%) from 2016

Liabilities

Up

$3,433

Up $3,049 (+794%) from 2016

Revenue

Up

$317,631

Up $72,852 (+30%) from 2016

Expenses

Up

$374,683

Up $103,941 (+38%) from 2016

Net Income

Down

-$57,052

Down $31,089 (-120%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2013: $22,547Liabilities 2013: $3,041Net Assets 2013: $19,5062013Assets 2014: $51,065Liabilities 2014: $3,287Net Assets 2014: $47,7782014Assets 2015: $115,280Liabilities 2015: $635Net Assets 2015: $114,6452015Assets 2016: $101,776Liabilities 2016: $384Net Assets 2016: $101,3922016Assets 2017: $45,152Liabilities 2017: $3,433Net Assets 2017: $41,7192017Assets 2018: $63,499Liabilities 2018: $1,003Net Assets 2018: $62,4962018Assets 2019: $45,796Liabilities 2019: $6,318Net Assets 2019: $39,4782019Assets 2020: $137,233Liabilities 2020: $4,895Net Assets 2020: $132,3382020Assets 2021: $67,753Liabilities 2021: $50,427Net Assets 2021: $17,3262021Assets 2022: $37,891Liabilities 2022: $40,476Net Assets 2022: -$2,5852022Assets 2023: $53,081Liabilities 2023: $57,542Net Assets 2023: -$4,4612023Assets 2024: $20,018Liabilities 2024: $56,753Net Assets 2024: -$36,7352024

Highlighted filing

2017

Assets$45,152
Liabilities$3,433
Net Assets$41,719

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $141,551Expenses 2013: $153,420Net Income 2013: -$11,8692013Revenue 2014: $233,051Expenses 2014: $204,779Net Income 2014: $28,2722014Revenue 2015: $293,243Expenses 2015: $226,376Net Income 2015: $66,8672015Revenue 2016: $244,779Expenses 2016: $270,742Net Income 2016: -$25,9632016Revenue 2017: $317,631Expenses 2017: $374,683Net Income 2017: -$57,0522017Revenue 2018: $375,253Expenses 2018: $351,484Net Income 2018: $23,7692018Revenue 2019: $327,262Expenses 2019: $350,280Net Income 2019: -$23,0182019Revenue 2020: $220,628Expenses 2020: $232,220Net Income 2020: -$11,5922020Revenue 2021: $152,549Expenses 2021: $267,561Net Income 2021: -$115,0122021Revenue 2022: $277,009Expenses 2022: $296,920Net Income 2022: -$19,9112022Revenue 2023: $252,750Expenses 2023: $254,626Net Income 2023: -$1,8762023Revenue 2024: $33,886Expenses 2024: $66,158Net Income 2024: -$32,2722024

Highlighted filing

2017

Revenue$317,631
Expenses$374,683
Net Income-$57,052
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$317,631
Mission and Program Overview

Mission

To engage at risk youth that have had difficulty navigating the path of traditional social, educational and judicial systems in understanding and obtaining mainstream skill competency levels and social values that will empower them to interact in their community, school or job setting more successfully.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$86,568$29,523▼ $57,045
Land, Buildings, and Equipment, Net$10,113$12,583▲ $2,470
Prepaid Expenses and Deferred Charges$2,500--
Savings and Temporary Cash Investments$5--
Total Assets$99,186$45,152▼ $54,034
Other Assets Total-$3,046-
Liabilities
Accounts Payable and Accrued Expenses$415$3,433▲ $3,018
Total Liabilities$415$3,433▲ $3,018
Net Assets / Fund Balance
Unrestricted Net Assets$98,771$41,719▼ $57,052
Total Net Assets Fund Balance$98,771$41,719▼ $57,052
Total Liabilities and Net Assets / Fund Balance$99,186$45,152▼ $54,034

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$12,583$4,204$16,787
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Theodore ArringtonExecutive DirectorFT$13,000$13,000

Board Members and Trustees

NameTitle
Peter LeonardChairman
GEORGE O'GILVIEVice Chairman
Alex ReeseBoard Member
Barbara Jeter-jacksonBoard Member
Bonnie AuchinBoard Member
Jackie BrownsteinBoard Member
Larry MamiyaBoard Member
Tom HartfordBoard Member
Bishop Debra GauseSecretary
Alan NebblettTreasure
Revenue and Support

Revenue Composition

Contributions and Grants
$317,631
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$135,528
Change in Net Assets
$-57,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$247,194
Salaries, Compensation, and Employee Benefits$127,489
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$116,771
All Other Expenses---$94,056
Other Expenses$24,540--$24,540
Fees for Services Other---$11,387
Payroll Taxes---$10,718
Insurance---$8,771
Office Expenses---$6,295
Travel---$6,147
Fees for Services Accounting---$4,365
Conferences and Meetings---$2,617
Fees for Services Legal---$75
Total Functional Expenses$24,540$0$0$374,683
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
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
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
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
Filing and Contact Details

Filer

Filer Name
Real Skills Network Inc
EIN
26-1086662
Phone
8454546088
Address
126 SOUTH CHERRY STREET, POUGHKEEPSIE, NY 12601

Signing Officer

Name
Peter Leonard
Title
Chairman
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Leonard
Formed
2007
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
35
Volunteers
25

Preparer

Firm
Fred Timm CPA
Address
160 Salt Point Turnpike, Poughkeepsie, NY 12603
Preparer
Fred W Timm CPA
Phone
8454855677
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

Volunteers provide tutoring to elementary, junior high and high school students.

Financial Statement Notes

X

The organization files an annual 9960 as a tax exempt organization under section 501c 3 of the internal renevue code. As such, no federal or new york state taxes are paid by the organization. The organization has been classified as an entity that is not a private foundation within the meaning of section 509 a and qualifies for deductible contibutions as provided in section 170 b 1 a vi .

X

The organization adopted the provisions of accounting principles generally accpeted in the united states of america regarding accounting for uncertain tax postions. Management evaluated the organizations tax posotions and concluded that te organization had taken no uncertain tax positions thatwould reuqire adjustment to the financial statement in order to comply with the provisions of this guidance. With few exceptions by the u.s. Dederal, state and local tax authorities for fiscal years prior to 2013.

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IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMER LEARNING ACADEMYFORMERLY KNOWN AS R.E.A.L. CAMP - SERVERS APPROXIMATELY ONE HUNDRED FIRST TO FIFTH GRADE STUDENTS DURING JULY AND AUGUST OF EACH YEAR. 50 OF THE YOUTH TIME IS PARTICIPATION IN A NEW YORK STATE SUMMER READING PROGRAM, COMPLETIG SUMMER STUDY INITIATIVE PACKETS, LEARN AND ENGAGE IN CORNELL UNIVERSITYS 40 DEVELOPMENTAL ASSENT, LIFE AND SOCIAL SKILLS PLANNING TECHNIQUES DERIVED FROM R.E.A.L. START CURRICULUM.
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0317632
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0245227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0291392
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0229061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0141551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01224863
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0340
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0340
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99640
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.59690
IRS990ScheduleA/PublicSupportTotal170Amt01224863
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0317632
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0245227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0291392
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0229061
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0141551
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01224863
IRS990ScheduleA/TotalSupportAmt01229290
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt097
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt03990
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt04087
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012583
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04204
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt016787
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EXCHANGE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FILES AN ANNUAL 9960 AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501C 3 OF THE INTERNAL RENEVUE CODE. AS SUCH, NO FEDERAL OR NEW YORK STATE TAXES ARE PAID BY THE ORGANIZATION. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509 A AND QUALIFIES FOR DEDUCTIBLE CONTIBUTIONS AS PROVIDED IN SECTION 170 B 1 A VI .
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ADOPTED THE PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCPETED IN THE UNITED STATES OF AMERICA REGARDING ACCOUNTING FOR UNCERTAIN TAX POSTIONS. MANAGEMENT EVALUATED THE ORGANIZATIONS TAX POSOTIONS AND CONCLUDED THAT TE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THATWOULD REUQIRE ADJUSTMENT TO THE FINANCIAL STATEMENT IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS BY THE U.S. DEDERAL, STATE AND LOCAL TAX AUTHORITIES FOR FISCAL YEARS PRIOR TO 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012583
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDE TUTORING TO ELEMENTARY, JUNIOR HIGH AND HIGH SCHOOL STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 6
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt099186
IRS990/TotalAssetsEOYAmt045152
IRS990/TotalAssetsGrp/BOYAmt099186
IRS990/TotalAssetsGrp/EOYAmt045152
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0317631
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt024540
IRS990/TotalFunctionalExpensesGrp/TotalAmt0374683
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0415
IRS990/TotalLiabilitiesEOYAmt03433
IRS990/TotalLiabilitiesGrp/BOYAmt0415
IRS990/TotalLiabilitiesGrp/EOYAmt03433
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt098771
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt041719
IRS990/TotalOtherProgSrvcExpenseAmt084683
IRS990/TotalProgramServiceExpensesAmt0280659
IRS990/TotalReportableCompFromOrgAmt013000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0317631
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt099186
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt045152
IRS990/TravelGrp/TotalAmt06147
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt098771
IRS990/UnrestrictedNetAssetsGrp/EOYAmt041719
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0126 SOUTH CHERRY STREET
IRS990/USAddress/CityNm0POUGHKEEPSIE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012601
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0REALSKILLSNETWORK.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Peter Leonard
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REAL SKILLS NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0REAL
ReturnHeader/Filer/EIN0261086662
ReturnHeader/Filer/PhoneNum08454546088
ReturnHeader/Filer/USAddress/AddressLine1Txt0126 SOUTH CHERRY STREET
ReturnHeader/Filer/USAddress/CityNm0POUGHKEEPSIE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012601
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C6353B26E2839A52A6FB4B6F4C6E5B7EEBC2434F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BC08279ECD85D5957C07B5A64C88729C5C4024AF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.74.179.110
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm022:25:52
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fred Timm CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0160 Salt Point Turnpike
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Poughkeepsie
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012603
ReturnHeader/PreparerPersonGrp/PhoneNum08454855677
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Fred W Timm CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-15T05:22:43-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.57$0.37$0.34$0.66$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.58$0.04$2.53$2.55$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.40$0.03$2.77$2.97$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.50$0.17$1.53$2.68$1.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.05$1.32$2.21$2.32$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.06$0.39$3.27$3.50$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.01$0.62$3.75$3.51$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.03$0.42$3.18$3.75$0.57
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.01$2.45$2.71$0.26
2015Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.15$2.93$2.26$0.67
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.03$0.48$2.33$2.05$0.28
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.03$0.20$1.42$1.53$0.12