Civic Intelligence

Team Rubicon Inc

990 • Fiscal year 2018 • EIN 27-1720480

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

6171 W Century Blvd No 310Los Angeles, CA 90045

(310) 640-8787

Siviq Scores

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

Liabilities / Assets

25th percentile

0.08x

Higher debt load relative to assets than 25% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

11th percentile

0.06x

Higher debt load relative to revenue than 11% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

58th percentile

6.6%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$267,628

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

83rd percentile

15%

Faster asset growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

56th percentile

7.0%

Faster revenue growth than 56% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Up

$31,834,979

Up $4,178,981 (+15%) from 2017

Net Assets

Up

$29,260,757

Up $2,875,113 (+11%) from 2017

Liabilities

Up

$2,574,222

Up $1,303,868 (+103%) from 2017

Revenue

Up

$43,234,587

Up $2,836,402 (+7.0%) from 2017

Expenses

Up

$40,371,305

Up $21,315,145 (+112%) from 2017

Net Income

Down

$2,863,282

Down $18,478,743 (-87%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2012: $2,065,338Liabilities 2012: $163,932Net Assets 2012: $1,901,4062012Assets 2013: $3,987,338Liabilities 2013: $244,816Net Assets 2013: $3,742,5222013Assets 2014: $3,805,957Liabilities 2014: $341,172Net Assets 2014: $3,464,7852014Assets 2015: $4,963,922Liabilities 2015: $261,939Net Assets 2015: $4,701,9832015Assets 2016: $5,772,609Liabilities 2016: $661,374Net Assets 2016: $5,111,2352016Assets 2017: $27,655,998Liabilities 2017: $1,270,354Net Assets 2017: $26,385,6442017Assets 2018: $31,834,979Liabilities 2018: $2,574,222Net Assets 2018: $29,260,7572018Assets 2019: $36,850,213Liabilities 2019: $2,091,615Net Assets 2019: $34,758,5982019Assets 2020: $40,707,997Liabilities 2020: $5,540,505Net Assets 2020: $35,167,4922020Assets 2021: $45,866,738Liabilities 2021: $5,732,830Net Assets 2021: $40,133,9082021Assets 2022: $56,105,832Liabilities 2022: $14,271,356Net Assets 2022: $41,834,4762022Assets 2023: $46,064,879Liabilities 2023: $11,441,036Net Assets 2023: $34,623,8432023Assets 2024: $52,093,508Liabilities 2024: $8,675,235Net Assets 2024: $43,418,2732024

Highlighted filing

2018

Assets$31,834,979
Liabilities$2,574,222
Net Assets$29,260,757

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2012: $1,574,3042012Revenue 2013: $7,055,195Expenses 2013: $5,264,233Net Income 2013: $1,790,9622013Revenue 2014: $7,583,377Expenses 2014: $7,874,244Net Income 2014: -$290,8672014Revenue 2015: $8,013,149Expenses 2015: $6,721,261Net Income 2015: $1,291,8882015Revenue 2016: $11,819,932Expenses 2016: $11,426,753Net Income 2016: $393,1792016Revenue 2017: $40,398,185Expenses 2017: $19,056,160Net Income 2017: $21,342,0252017Revenue 2018: $43,234,587Expenses 2018: $40,371,305Net Income 2018: $2,863,2822018Revenue 2019: $51,414,613Expenses 2019: $45,963,661Net Income 2019: $5,450,9522019Revenue 2020: $57,480,500Expenses 2020: $57,031,181Net Income 2020: $449,3192020Revenue 2021: $40,257,630Expenses 2021: $34,582,538Net Income 2021: $5,675,0922021Revenue 2022: $51,447,038Expenses 2022: $49,554,176Net Income 2022: $1,892,8622022Revenue 2023: $40,350,863Expenses 2023: $47,949,097Net Income 2023: -$7,598,2342023Revenue 2024: $47,610,299Expenses 2024: $38,818,406Net Income 2024: $8,791,8932024

Highlighted filing

2018

Revenue$43,234,587
Expenses$40,371,305
Net Income$2,863,282
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$77,292,836
Mission and Program Overview

Mission

Team rubicon serves communities by mobilizing veterans to continue their service, leveraging their skills and experience to help people prepare, respond, and recover from disasters and humanitarian crises.

Humanitarian and conventional aid responses within and outside the us.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$21,119,542$22,340,706▲ $1,221,164
Cash and Non-Interest-Bearing Accounts$1,122,446$3,444,566▲ $2,322,120
Pledges and Grants Receivable$3,465,813$3,225,359▼ $240,454
Land, Buildings, and Equipment, Net$1,242,861$2,190,907▲ $948,046
Prepaid Expenses and Deferred Charges$512,645$367,229▼ $145,416
Inventories for Sale or Use$43,504$59,895▲ $16,391
Savings and Temporary Cash Investments$5,670$26,759▲ $21,089
Total Assets$27,655,998$31,834,979▲ $4,178,981
Other Assets Total$143,517$179,558▲ $36,041
Liabilities
Accounts Payable and Accrued Expenses$1,270,354$2,574,222▲ $1,303,868
Total Liabilities$1,270,354$2,574,222▲ $1,303,868
Net Assets / Fund Balance
Unrestricted Net Assets$14,543,028$20,793,441▲ $6,250,413
Temporarily Rstr Net Assets$11,842,616$8,467,316▼ $3,375,300
Total Net Assets Fund Balance$26,385,644$29,260,757▲ $2,875,113
Total Liabilities and Net Assets / Fund Balance$27,655,998$31,834,979▲ $4,178,981

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,366,428$461,843$1,828,271
Other Land Buildings$766,928$53,503$820,431
Leasehold Improvements$57,551$38,801$96,352
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jake WoodPresident/chief Executive OfficerFT$209,751$57,877$267,628
Arthur DelacruzChief Operating OfficerFT$222,650$38,682$261,332
Thomas HendersonChief Marketing OfficerFT$145,631$40,661$186,292
Raj KamacheeChief Information OfficerFT$148,625$24,162$172,787
David BurkeVice President of Field OperatoinsFT$136,204$26,635$162,839
Dipali MehtaSenior Director, FinanceFT$137,497$23,428$160,925
Dane BarataChief Financial Officer From 12/18FT$21,671$877$22,548

Board Members and Trustees

NameTitle
Adam MillerBoard Member
Bruce MoslerBoard Member
Christopher PerkinsBoard Member
Clayton DegiacintoBoard Member
Duncan NeiderauerBoard Member
Edward SassowerBoard Member
Joe MarcheseBoard Member
Jonathan SmidtBoard Member
Mary SolomanBoard Member
Michael SternBoard Member
William B McnultyBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Punta BorinuequenConstruction Services1338 AVENIDA FELIX ALDARONDO SANTIA, Isabela, PR 00662$2,129,091
Torres RosaConstruction ServicesPO BOX 9023763, San Juan, PR 00902$1,243,082
All In One ConstructionConstruction Services130 AVE WINSTON CHURCHILL SUITE 1, San Juan, PR 00926$989,784
WipfliTech Consulting ServicesPO BOX 3160, Milwaukee, WI 53201$683,874
Tradesman InternationalStaffing Firm/temporary EmployeesPO BOX 677807, Dallas, TX 75267$586,063
Revenue and Support

Revenue Composition

Contributions and Grants
$43,736,729
Program Service Revenue
$0
Investment Income
$-183,184
Other Revenue
$-318,958
All Other Contributions
$42,146,168
Change in Net Assets
$2,863,282

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Intellectual Property13$9,429,133Fair Market Value
Other Non Cash Contri Table2$697,119Fair Market Value
Other Non Cash Contri Table1$418,230Fair Market Value
Other Non Cash Contri Table4$360,238Fair Market Value
Other Non Cash Contri Table5$251,818Fair Market Value
Securities Publicly Traded10$108,142Fair Market Value
Total Noncash Contributions35$11,264,680-

Audited Revenue Reconciliation

Revenue per Audited Statements
$43,234,587
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,498,714
Total Revenue per Audited Statements
$44,733,301
Total Revenue per Form 990
$43,234,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$30,959,175
Salaries, Compensation, and Employee Benefits$9,204,130
Total Fundraising Expense$1,753,375
Grants and Similar Amounts Paid$208,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$9,840,888$53,494$62,573$9,956,955
Other Salaries and Wages$5,269,726$943,405$931,450$7,144,581
Advertising$1,041,044$16,068$77,863$1,134,975
Other Employee Benefits$750,569$134,369$132,667$1,017,605
Fees for Services Other$690,865$243,242$67,646$1,001,753
Office Expenses$776,240$60,806$25,994$863,040
Occupancy$597,165$99,382$65,853$762,400
Payroll Taxes$405,066$72,516$71,597$549,179
Insurance$200,269$85,270$20,239$305,778
Current Officers, Directors, Trustees, and Key Employees$214,029$38,316$37,831$290,176
Depreciation Depletion$245,301$21,240$4,706$271,247
All Other Expenses$122,557$84,582$58,805$265,944
Pension Plan Contributions$149,426$26,751$26,412$202,589
Conferences and Meetings$120,936$3,784$26,159$150,879
Grants to Domestic Individuals$124,000--$124,000
Other Expenses$98,957$21,281$301$99,258
Grants to Domestic Orgs$84,000--$84,000
Fees for Services Accounting-$38,350-$38,350
Total Functional Expenses$36,629,269$1,988,661$1,753,375$40,371,305

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$41,858,188
Expenses per Audited Statements$40,371,305
Total Expenses per Form 990$40,371,305
Expenses Not Reported on Form 990$1,486,883
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Disaster Services Corporation-society of Vincent De Paul USIrving, TX501(c)(3)Disaster Relief Programs$60,000
Atrium Health FoundationCharlotte, NC501(c)(3)Disaster Relief Programs$24,000

International Summary

Offices
0
Employees
181
Spending
$6,005,462

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram ServiceDisaster Relief0135$5,874,196
Central American and the CaribbeanProgram ServiceDisaster Relief046$131,266
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$459,678
Fundraising Gross Income$77,750
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ny Gala Fundraiser$1,277,336$48,750$71,064$-22,314
Dallas Gala Fundraiser$390,975$29,000$79,811$-50,811
Total Events$1,668,311$77,750$459,678$-381,928
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
Sarah LengerSister of the President/chief Executive Officer, Jake Wood$42,112 SALARIES AND $9,798 FEES FOR GRAPHIC DESIGN SERVICESNo$51,910
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
Yes
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
Yes
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, Part VI, Section A, Line 8B

This question is not applicable since the organization does not have a committee with the authority to act on behalf of the board.

Form 990, Part VI, Section B, Line 11B

Copies of the 990 are distributed via email to its board members. Management asks that the board "approve", provide comments, ask questions by a set deadline.

Form 990, Part VI, Section B, Line 12C

The organization has a conflict of interest policy that applies to all employees and board members. Enforcement of the policy includes a requirement that all employees and board members annually disclose any conflicts by either reporting conflicts or confirming that no conflicts exist.

Form 990, Part VI, Section B, Line 15

Compensation of the president is subject to review and approval by the board of directors independently, without the participation of the interested person. The board uses comparability data to set the compensation of the president. Form 990, part vi, section b, line 15b: the board of directors review and approve the compensation of all members of management independently, without the participation of interested persons. The board uses comparability data to set the compensation.

Form 990, Part VI, Section C, Line 19

The organization makes the form 990 and its audited financial statements available via www.foundationcenter.org and www.teamrubiconusa.org. All other governing documents including the form 1023 are publicly available upon request.

Filing and Contact Details

Filer

Filer Name
Team Rubicon Inc
EIN
27-1720480
Phone
3106408787
Address
6171 W CENTURY BLVD NO 310, LOS ANGELES, CA 90045

Signing Officer

Name
Dane Barata
Title
Chief Financial Officer
Phone
3106408787
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacob Wood
Formed
2010
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
11
Employees
159
Volunteers
94,981

Preparer

Firm
Green Hasson & Janks Llp
Address
10990 WILSHIRE BLVD 16TH FLOOR, LOS ANGELES, CA 90024-3929
Preparer
Lizbeth G Nevarez
Phone
3108731600
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:

Team rubicon, inc. (team rubicon) is a non-profit international disaster response and humanitarian organization founded in 2010. Team rubicon's primary mission is providing disaster relief and recovery to those affected by natural disasters, across the united states and around the world. By pairing the skills and experiences of military veterans with first responders and technology solutions, team rubicon aims to provide the greatest service and impact possible. Through continued service via team rubicon, many veterans rediscover a sense of a purpose, community, and identity - three things many veterans lose after their military service ends. Team rubicon offers an avenue for veterans to continue serving as they transition from military to civilian life. They can also volunteer for leadership positions and other skills development opportunities which can be applicable outside of team rubicon. Expenses $15,959,313 including grants of $0 revenue $0

FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS:

In the aftermath of a disaster team rubicon provides recovery services free of charge to affected homeowners, families, and communities. Services range from - but are not limited to - debris removal, muck-outs, chainsaw operations, heavy equipment work, demolition, expedient home repair, home rebuilds, incident management and coordination, damage assessments, route clearance, and disaster mapping. Additionally, team rubicon is verified by the world health organization (who) has an emergency medical team (emt) type-1 mobile capable unit. In 2018, team rubicon grew to 90,000 registered volunteers (70% military veterans) who have responded to over 375 disasters, including large-scale events such as hurricane harvey in texas, hurricane maria in puerto rico, and hurricane florence in north carolina. The cost to communities after large-scale disasters can be overwhelming for affected families, especially those without flood insurance. Team rubicon launched its long-term rebuild operations in houston after harvey and soon after in puerto rico and florida. Expenses $9,278,556 including grants of $0 revenue $0

FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS:

Beyond disaster response and recovery, team rubicon invests in their volunteers and communities with disaster training education and relevant courses. Recruitment efforts for the organization focus on metropolitan centers across the united states, primarily in cities with a population larger than 100,000. With teams located across the us, team rubicon is able to quickly provide relief regardless of location or scale of a disaster. This focus on city-level recruitment has the added benefit of increasing the resiliency of local communities, creating a framework for team rubicon members, their families, and neighbors to prepare and respond to disasters together. The ability to continue to serve alongside like-minded individuals has substantial impact on team rubicon's veteran and civilian members alike, with 91% of members reporting a greater sense of purpose due to volunteering and a net promoter score of 85.1 team rubicon's commitments to financial and operational transparency have earned them high marks from charity watch groups, including a platinum rating from guidestar and a four-star rating from charity navigator. In coordination with several data and visualization partners, team rubicon also hosts the open initiative, an online data transparency dashboard available to the general public that provides real-time insight into key operational metrics and the overall health of the organization. The organization's work has been recognized by numerous awards, including, but not limited to, cnn heroes, the classy awards, the heinz award, the grinnell prize, the manhattan institute, and the lincoln awards. Its work has also been covered by dozens of media outlets, including abc news, nbc, cnn, fox, msnbc, espn, the new york times, outside, time magazine, and others. Expenses $7,489,671 including grants of $208,000 revenue $0

FORM 990, PART III, LINE 4D, PROGRAM SERVICE ACCOMPLISHMENTS:

Other programs expenses $3,901,729 including grants of $0 revenue $0

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