Civic Intelligence

Regional Education and Training Center at Satsop

990EZ • Fiscal year 2015 • EIN 27-2828591

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 25, 2015

906 Columbia Way SW No 101Olympia, WA 98501-1240

(360) 688-1638

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

8th percentile

-49%

Higher net margin than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

4th percentile

-75%

Faster asset growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-73%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$10,100

Down $30,416 (-75%) from 2014

Net Assets

Down

$10,100

Down $20,918 (-67%) from 2014

Liabilities

Down

$0

Down $9,498 (-100%) from 2014

Revenue

Down

$42,427

Down $111,887 (-73%) from 2014

Expenses

Down

$63,345

Down $145,719 (-70%) from 2014

Net Income

Up

-$20,918

Up $33,832 (+62%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $146,910Liabilities 2011: $67,459Net Assets 2011: $79,4512011Assets 2012: $135,390Liabilities 2012: $49,890Net Assets 2012: $85,5002012Assets 2013: $99,991Liabilities 2013: $14,223Net Assets 2013: $85,7682013Assets 2014: $40,516Liabilities 2014: $9,498Net Assets 2014: $31,0182014Assets 2015: $10,100Liabilities 2015: $0Net Assets 2015: $10,1002015Assets 2016: $44,246Liabilities 2016: $0Net Assets 2016: $44,2462016Assets 2017: $53,094Liabilities 2017: $0Net Assets 2017: $53,0942017Assets 2018: $121,345Liabilities 2018: $0Net Assets 2018: $121,3452018Assets 2019: $57,950Liabilities 2019: $909Net Assets 2019: $57,0412019Assets 2020: $16,348Liabilities 2020: $210Net Assets 2020: $16,1382020Assets 2021: $60,241Liabilities 2021: $1,821Net Assets 2021: $58,4202021Assets 2022: $53,564Liabilities 2022: $668Net Assets 2022: $52,8962022Assets 2023: $37,519Liabilities 2023: $0Net Assets 2023: $37,5192023Assets 2024: $16,246Liabilities 2024: $0Net Assets 2024: $16,2462024Assets 2025: $6,008Liabilities 2025: $858Net Assets 2025: $5,1502025

Highlighted filing

2015

Assets$10,100
Liabilities$0
Net Assets$10,100

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $429,6742011Expenses 2012: $463,0072012Expenses 2013: $508,5622013Revenue 2014: $154,314Expenses 2014: $209,064Net Income 2014: -$54,7502014Revenue 2015: $42,427Expenses 2015: $63,345Net Income 2015: -$20,9182015Revenue 2016: $197,495Expenses 2016: $163,349Net Income 2016: $34,1462016Revenue 2017: $211,943Expenses 2017: $203,095Net Income 2017: $8,8482017Revenue 2018: $315,431Expenses 2018: $247,180Net Income 2018: $68,2512018Revenue 2019: $40,712Expenses 2019: $105,016Net Income 2019: -$64,3042019Revenue 2020: $21,261Expenses 2020: $62,164Net Income 2020: -$40,9032020Revenue 2021: $74,087Expenses 2021: $31,805Net Income 2021: $42,2822021Revenue 2022: $36,824Expenses 2022: $42,348Net Income 2022: -$5,5242022Revenue 2023: $22,396Expenses 2023: $37,773Net Income 2023: -$15,3772023Revenue 2024: $2Expenses 2024: $21,275Net Income 2024: -$21,2732024Revenue 2025: $5,001Expenses 2025: $16,097Net Income 2025: -$11,0962025

Highlighted filing

2015

Revenue$42,427
Expenses$63,345
Net Income-$20,918
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 25, 2015
Return Version
2014v5.0
Gross Receipts
$42,427
Mission and Program Overview

Mission

The mission of the retc is to create a sustainable, nimble and innovative center of learning that creates synergies with regional education, industry, and workforce partners to drive the transformation and development of a highly trained and effective workforce in washington state and beyond.

Program Services

DescriptionGrantsExpenses
PROVISION OF FACILITIES AND SUPPORT FOR TRAINING ACTIVITIES.$0$46,790
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CORRINNE SANDEBoard Member-$0--
BARBARA HINS-TURNERBoard Member-$0--
GARRY TUCCIBoard Member-$0--
LOU WALTERBoard Member-$0--
RICK KENNYBoard Member-$0--
CHERYL FAMBLESEx Officio-$0--
ROBERT TOPPINGDirectorFT$0--
RICK JOHNSONPresident-$0--
PETER HEIDEVice President-$0--
ROBERT GUENTHERTreasurer-$0--
WALT AHOSecretary-$0--
COS EDWARDSEx Officio-$0--
Filing and Contact Details

Filer

Filer Name
Regional Education & Training Center
EIN
27-2828591
Phone
3606881638
Address
906 COLUMBIA WAY SW NO 101, OLYMPIA, WA 98501-1240

Signing Officer

Name
Rick Johnson
Title
President
Phone
3606881638
Signed
2015-09-25
Discuss with paid preparer
Yes

Preparer

Firm
Aiken & Sanders Inc Ps
Address
343 W WISHKAH ST, ABERDEEN, WA 98520
Preparer
Lonnie Rich CPA
Phone
3605333370
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 6,494. Description: other expenses. Amount: 29,302. Total to form 990-ez, line 14: 35,796.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: payroll taxes. Amount: 2,940. Description: program expense. Amount: 2,400. Description: bank charges. Amount: 161. Description: credit card fees. Amount: 1,813. Description: insurance. Amount: 1,864. Description: travel. Amount: 1,120. Description: bad debts. Amount: 2,311. Description: miscellaneous expense. Amount: 492. Total to form 990-ez, line 16: 13,101.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 2,311. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 9,913. End of year amount: 3,419.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 2,498. End of year amount: 0. Description: deferred revenue. Beg. Of year amount: 7,000. End of year amount: 0.

Raw XML Appendix198 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CORRINNE SANDE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LOU WALTER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ROBERT TOPPING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7RICK JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8PETER HEIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9ROBERT GUENTHER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11COS EDWARDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EX OFFICIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11EX OFFICIO
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE RETC IS TO CREATE A SUSTAINABLE, NIMBLE AND INNOVATIVE CENTER OF LEARNING THAT CREATES SYNERGIES WITH REGIONAL EDUCATION, INDUSTRY, AND WORKFORCE PARTNERS TO DRIVE THE TRANSFORMATION AND DEVELOPMENT OF A HIGHLY TRAINED AND EFFECTIVE WORKFORCE IN WASHINGTON STATE AND BEYOND.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVISION OF FACILITIES AND SUPPORT FOR TRAINING ACTIVITIES.
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IRS990EZ/WebsiteAddressTxt0WWW.RETCS.ORG
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 6,494. DESCRIPTION: OTHER EXPENSES. AMOUNT: 29,302. TOTAL TO FORM 990-EZ, LINE 14: 35,796.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PAYROLL TAXES. AMOUNT: 2,940. DESCRIPTION: PROGRAM EXPENSE. AMOUNT: 2,400. DESCRIPTION: BANK CHARGES. AMOUNT: 161. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 1,813. DESCRIPTION: INSURANCE. AMOUNT: 1,864. DESCRIPTION: TRAVEL. AMOUNT: 1,120. DESCRIPTION: BAD DEBTS. AMOUNT: 2,311. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 492. TOTAL TO FORM 990-EZ, LINE 16: 13,101.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 2,311. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 9,913. END OF YEAR AMOUNT: 3,419.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 2,498. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 7,000. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICK JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03606881638
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REGIONAL EDUCATION & TRAINING CENTER
ReturnHeader/Filer/BusinessNameControlTxt0REGI
ReturnHeader/Filer/EIN0272828591
ReturnHeader/Filer/PhoneNum03606881638
ReturnHeader/Filer/USAddress/AddressLine1Txt0906 COLUMBIA WAY SW NO 101
ReturnHeader/Filer/USAddress/CityNm0OLYMPIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0985011240
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910870697
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AIKEN & SANDERS INC PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0343 W WISHKAH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ABERDEEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098520
ReturnHeader/PreparerPersonGrp/PhoneNum03605333370
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LONNIE RICH CPA
ReturnHeader/ReturnTs02015-09-25T17:05:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$0.05$0.16$0.11
2024Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.00$0.21$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.22$0.38$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.37$0.42$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.02$0.58$0.74$0.32$0.42
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.21$0.62$0.41
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.57$0.41$1.05$0.64
2018Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$3.15$2.47$0.68
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$2.12$2.03$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$1.97$1.63$0.34
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.42$0.63$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.09$0.31$1.54$2.09$0.55
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.14$0.86$5.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.50$0.86$4.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.67$0.79$4.30