Civic Intelligence

King Ridge Foundation Inc.

990 • Fiscal year 2017 • EIN 27-0420906

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 26, 2018

PO Box 5873Santa Rosa, CA 95402

(707) 536-1560

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

27th percentile

0.00x

Higher debt load relative to revenue than 27% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

91st percentile

67%

Faster asset growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2017

Revenue Growth

14th percentile

-20%

Faster revenue growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2017

Assets

Up

$380,637

Up $244,226 (+179%) from 2015

Net Assets

Up

$380,399

Up $246,107 (+183%) from 2015

Liabilities

Down

$238

Down $1,881 (-89%) from 2015

Revenue

Down

$872,241

Down $502,794 (-37%) from 2015

Expenses

Down

$569,807

Down $898,468 (-61%) from 2015

Net Income

Up

$302,434

Up $395,674 (+424%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $297,332Liabilities 2012: $2,396Net Assets 2012: $294,9362012Assets 2013: $134,733Liabilities 2013: $1,477Net Assets 2013: $133,2562013Assets 2014: $229,630Liabilities 2014: $2,098Net Assets 2014: $227,5322014Assets 2015: $136,411Liabilities 2015: $2,119Net Assets 2015: $134,2922015Assets 2017: $380,637Liabilities 2017: $238Net Assets 2017: $380,3992017Assets 2018: $490,039Liabilities 2018: $2,709Net Assets 2018: $487,3302018Assets 2019: $215,297Net Assets 2019: $215,2972019Assets 2020: $191,464Net Assets 2020: $191,4642020Assets 2021: $101,483Net Assets 2021: $101,4832021Assets 2022: $48,473Liabilities 2022: $3,125Net Assets 2022: $45,3482022Assets 2023: $54,086Net Assets 2023: $54,0862023Assets 2024: $30,074Liabilities 2024: $0Net Assets 2024: $30,0742024

Highlighted filing

2017

Assets$380,637
Liabilities$238
Net Assets$380,399

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,342,2152012Revenue 2013: $1,213,798Expenses 2013: $1,375,478Net Income 2013: -$161,6802013Revenue 2014: $1,142,722Expenses 2014: $1,048,446Net Income 2014: $94,2762014Revenue 2015: $1,375,035Expenses 2015: $1,468,275Net Income 2015: -$93,2402015Revenue 2017: $872,241Expenses 2017: $569,807Net Income 2017: $302,4342017Revenue 2018: $832,391Expenses 2018: $725,460Net Income 2018: $106,9312018Revenue 2019: $97,536Expenses 2019: $369,569Net Income 2019: -$272,0332019Revenue 2020: $33,627Expenses 2020: $57,460Net Income 2020: -$23,8332020Revenue 2021: $2,002Expenses 2021: $91,983Net Income 2021: -$89,9812021Revenue 2022: $133,989Expenses 2022: $190,124Net Income 2022: -$56,1352022Revenue 2023: $126,948Expenses 2023: $118,210Net Income 2023: $8,7382023Revenue 2024: $112,708Expenses 2024: $136,720Net Income 2024: -$24,0122024

Highlighted filing

2017

Revenue$872,241
Expenses$569,807
Net Income$302,434
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 26, 2018
Return Version
2017v2.2
Gross Receipts
$893,846
Mission and Program Overview

Mission

Raising awareness and providing financial support to programs serving at-risk youth across the country.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$72,434$366,087▲ $293,653
Savings and Temporary Cash Investments-$10,767-
Inventories for Sale or Use$7,608$3,709▼ $3,899
Land, Buildings, and Equipment, Net$161$74▼ $87
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$80,203$380,637▲ $300,434
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$9,230$238▼ $8,992
Total Liabilities$9,230$238▼ $8,992
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$264,521-
Unrestricted Net Assets$70,973$115,878▲ $44,905
Total Net Assets Fund Balance$70,973$380,399▲ $309,426
Total Liabilities and Net Assets / Fund Balance$80,203$380,637▲ $300,434

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$74$35,524$35,598
Compensation and Service Providers

Board Members and Trustees

NameTitle
Levi LeipheimerPresident & CEO
Carlos PerezVice President
Cheryl WallaceDirector
Dave TownsendDirector
Glenn FantDirector
Taylor GreenleafTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$832,135
Program Service Revenue
$7,275
Investment Income
$105
Other Revenue
$32,726
All Other Contributions
$589,900
Change in Net Assets
$302,434

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table41$17,321Auction Value
Other Non Cash Contri Table16$15,730Auction Value
Total Noncash Contributions57$33,051-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$484,061
Other Expenses$85,746
Total Fundraising Expense$39,786
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$484,061--$484,061
Fees for Services Other-$731$39,786$40,517
Fees for Services Management$19,998--$19,998
Insurance$4,536$2,931-$7,467
Fees for Services Accounting-$4,800-$4,800
Office Expenses-$1,216-$1,216
Other Expenses$11,414$247-$247
Depreciation Depletion-$87-$87
Total Functional Expenses$520,009$10,012$39,786$569,807
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Forget Me Not Childrens ServSanta Rosa, CA501(c)(3)Children's support services$104,893
Boys & Girls ClubSanta Rosa, CA501(c)(3)Children's support services$75,000
Community Action PartnershipSanta Rosa, CA501(c)(3)North Bay Fire Relief$75,000
Society of St Vincent de PaulRohnert Park, CA501(c)(3)North Bay Fire Support Services$75,000
California Human DevelopmentSanta Rosa, CA501(c)(3)Children & Family Support Services$25,000
Community Child Care CouncilSanta Rosa, CA501(c)(3)North Bay Fire Relief$25,000
Council on AgingSanta Rosa, CA501(c)(3)North Bay Fire Relief$25,000
Redwood Empire Food BankSanta Rosa, CA501(c)(3)Food Support for Families$25,000
B-RAD FoundationSanta Rosa, CA501(c)(3)Youth Development$17,735
Excel RosevilleRoseville, CA501(c)(3)Children Support Services$14,748
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$41,915
Fundraising Direct Expenses$20,342
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
King Ridge GranFondo Event$142,878$21,455$-1,393$22,848
Festa Fundraiser$112,581$20,460$11,418$9,042
Total Events$255,459$41,915$20,342$21,573
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Bike Monkey IncEvent PartnershipGranfondoNo-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The grandfondo bike race is the primary fundraising event for the king ridge foundation. The granfondo is managed by bike monkey inc, a business owned and operated by carlos perez. Carlos is vice president of king ridge foundation. Mr perez has unique experience in cycling event management. Due to their common interest in cycling, in some years board members of king ridge foundation may have business relationships with bike monkey inc as independent contractors.

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Contracted program management responsibilities.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed and approved by the entire board prior to signing and filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Under the conflict of interest policy, any potential contracts between related parties and the organization are scrutinized by outside third parties before they are awarded. An arms length decision is made to ensure that the contracts are awarded to the most qualified vendor. Any party with a potential conflict of interest is excluded from decisions in these areas.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents will be made available on request and are available on the California Attorney General's Registry of Charitable Trusts website.

Filing and Contact Details

Filer

Filer Name
King Ridge Foundation
EIN
27-0420906
Phone
7075361560
Address
PO BOX 5873, SANTA ROSA, CA 95402

Signing Officer

Name
Levi Leipheimer
Title
President
Signed
2018-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
1
Formed
2009
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
900

Preparer

Firm
Karen Wilhelmson
Address
5310 Gates Rd, Santa Rosa, CA 95404
Preparer
Karen Wilhelmson EA
Phone
7072910328
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

In the aftermath of the devasting fires in the north bay during october of 2017, the board approved a temporary emergency role for the king ridge foundation as a fundraiser for disaster victims. This program, referred to as "sonoma pride", collected donations for young victims and their families. The foundation continued in its role as a fiscal sponsor for thac, an organization which provides health resources for youth.

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: The King Ridge Foundation raises awareness and provides financial support to programs serving at-risk youth across the country.

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IRS990/ProgSrvcAccomActy2Grp/Desc0The King Ridge Foundation raises awareness and provides financial support to programs serving at-risk youth across the country.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0170848
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0159061
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0173243
IRS990/ProgSrvcAccomActy3Grp/Desc0Fiscal Sponsorship of THAC, Teen Health Advocacy Committee, which provides medical and mental health resources to at-risk youth.
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IRS990/PYOtherRevenueAmt0-75768
IRS990/PYProgramServiceRevenueAmt0259378
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IRS990/PYTotalExpensesAmt0512743
IRS990/PYTotalRevenueAmt0449424
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/RevenueAmt0588900
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt010767
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0King Ridge Foundation was originally determined by the IRS to be qualified as a 509(a)(2) Public Charity. The organization is opting to file as a 509(a)(1) in 2017 for purposes of reporting using special rules for reporting and calculating contributions on Schedule B.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part I: Additional Information
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IRS990ScheduleA/TotalSupportAmt01796340
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0121423
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0900
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0King Ridge GranFondo Event
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Festa Fundraiser
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0142878
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IRS990ScheduleI/RecipientTable/CashGrantAmt225000
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Children's support services
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Youth Development
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Children & Family Support Services
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3North Bay Fire Relief
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4North Bay Fire Relief
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5North Bay Fire Relief
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Children Support Services
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Children's support services
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8Food Support for Families
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9North Bay Fire Support Services
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Boys & Girls Club
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1B-RAD Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2California Human Development
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Community Action Partnership
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Community Child Care Council
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Council on Aging

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