Civic Intelligence

Rocky Mountain Pathways

990 • Fiscal year 2015 • EIN 27-3311467

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 26, 2016

320 North Halstead St Ste 210Pasadena, CA 91107

(626) 683-3500

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

24th percentile

0.06x

Higher debt load relative to revenue than 24% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

70th percentile

$171,885

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

80th percentile

15%

Faster asset growth than 80% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$5,669,977

Up $726,160 (+15%) from 2014

Net Assets

Up

$5,539,490

Up $666,005 (+14%) from 2014

Liabilities

Up

$130,487

Up $60,155 (+86%) from 2014

Revenue

Down

$2,172,953

Down $520,137 (-19%) from 2014

Expenses

Down

$1,506,948

Down $132,882 (-8.1%) from 2014

Net Income

Down

$666,005

Down $387,255 (-37%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $4,943,817Liabilities 2014: $70,332Net Assets 2014: $4,873,4852014Assets 2015: $5,669,977Liabilities 2015: $130,487Net Assets 2015: $5,539,4902015Assets 2016: $6,153,310Liabilities 2016: $201,239Net Assets 2016: $5,952,0712016Assets 2017: $6,750,309Liabilities 2017: $275,062Net Assets 2017: $6,475,2472017Assets 2019: $7,211,912Liabilities 2019: $1,648,884Net Assets 2019: $5,563,0282019Assets 2020: $6,080,678Liabilities 2020: $514,496Net Assets 2020: $5,566,1822020Assets 2021: $5,188,542Liabilities 2021: $278,949Net Assets 2021: $4,909,5932021

Highlighted filing

2015

Assets$5,669,977
Liabilities$130,487
Net Assets$5,539,490

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2014: $2,693,090Expenses 2014: $1,639,830Net Income 2014: $1,053,2602014Revenue 2015: $2,172,953Expenses 2015: $1,506,948Net Income 2015: $666,0052015Revenue 2016: $2,172,726Expenses 2016: $1,759,957Net Income 2016: $412,7692016Revenue 2017: $2,510,445Expenses 2017: $1,987,269Net Income 2017: $523,1762017Revenue 2019: $2,311,922Expenses 2019: $3,465,397Net Income 2019: -$1,153,4752019Revenue 2020: $2,021,343Expenses 2020: $2,018,635Net Income 2020: $2,7082020Revenue 2021: $163,544Expenses 2021: $819,263Net Income 2021: -$655,7192021

Highlighted filing

2015

Revenue$2,172,953
Expenses$1,506,948
Net Income$666,005
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 26, 2016
Return Version
2014v6.0
Gross Receipts
$2,172,953
Mission and Program Overview

Mission

To provide alternative education solutions for at-risk and disenfranchised youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,717,456$3,286,831▲ $569,375
Land, Buildings, and Equipment, Net$1,992,514$2,017,774▲ $25,260
Accounts Receivable$193,833$360,062▲ $166,229
Prepaid Expenses and Deferred Charges$36,999$4,879▼ $32,120
Intangible Assets$3,015$431▼ $2,584
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,943,817$5,669,977▲ $726,160
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$57,468$117,232▲ $59,764
Other Liabilities$12,864$13,255▲ $391
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$70,332$130,487▲ $60,155
Net Assets / Fund Balance
Unrestricted Net Assets$4,873,485$5,539,490▲ $666,005
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$4,873,485$5,539,490▲ $666,005
Total Liabilities and Net Assets / Fund Balance$4,943,817$5,669,977▲ $726,160

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,202,738$173,083$1,375,821
Land$503,605-$503,605
Other Land Buildings$188,352$45,672$234,024
Equipment$123,079$82,622$205,701
Compensation and Service Providers

Employees

NameTitleOtherTotal
Cynthia KhodaverdianDivision Controller$124,699$124,699
Joseph H ZottoDirector of Instruction$108,293$108,293
Vrej BoghokianDirector of School Implementation$103,170$103,170
Jamie DonahueSecond Vice President$41,600$41,600
Jodi HallSecretary$259$259

Board Members and Trustees

NameTitle
John C HallPresident
Joan HallFirst Vice President
Jennifer HallThird Vice President
Amy ChiDirector
Charles ChoiDirector
Melody McquittyDirector
Jessica G RayAssistant Superintendent
John Hall JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,168,681
Investment Income
$2,772
Other Revenue
$1,500
Change in Net Assets
$666,005

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,172,953
Total Revenue per Audited Statements
$2,172,953
Total Revenue per Form 990
$2,172,953
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,034,056
Salaries, Compensation, and Employee Benefits$472,892
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$390,301--$390,301
Fees for Services Management$191,250$33,750-$225,000
Occupancy$186,341$561-$186,902
Depreciation Depletion$108,520-$0$108,520
Other Employee Benefits$44,448--$44,448
Payroll Taxes$34,886--$34,886
Fees for Services Accounting-$14,633-$14,633
Fees for Services Other$2,141$10,923-$13,064
Office Expenses$4,939$1,708-$6,647
All Other Expenses$5,607$291-$5,898
Conferences and Meetings$4,818$747-$5,565
Fees for Services Legal-$5,499-$5,499
Other Expenses$22,486$4,533-$4,533
Travel$4,029--$4,029
Pension Plan Contributions$3,257--$3,257
Information Technology$828--$828
Interest-$391-$391
Advertising$48--$48
Total Functional Expenses$1,420,997$85,951$0$1,506,948

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,506,948
Total Expenses per Audited Statements$1,506,948
Total Expenses per Form 990$1,506,948
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Opportunities for LearningPart VProgram RevenuesNo$1,081,507
Education Management Services IiiPart VEvents, Materials & SuppliesNo$10,900

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans Payable Affiliate$13,255
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Rocky Mountain Pathways
EIN
27-3311467
In Care Of
% JAMIE DONAHUE
Phone
6266833500
Address
320 NORTH HALSTEAD ST STE 210, PASADENA, CA 91107

Signing Officer

Name
John Hall
Title
President
Phone
6266833500
Signed
2016-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Hall President
Formed
2010
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
46

Preparer

Firm
Maginnis Knechtel & McIntyre LLP
Address
300 W Colorado Blvd, Pasadena, CA 91105
Preparer
Linda E G Ballesteros
Phone
6264493466
Supplemental Narrative

Additional Explanations

Family or Business Relationships

990 part vi line 2 family and business relationships: john hall, president joan hall, first vice president john hall, jr, treasurer jamie donahue, second vice president jennifer hall, third vice president jodi hall, secretary

Form 990 Review

990 PART VI LINE 11 The Form 990 is distributed to each Director for his or her individual review, questions or comments. After any needed revisions are made, a final COPY is distributed to the Directors. Each Director then gives written consent approving the tax return prior to filing.

Conflict of Interest Policy

990 PART VI LINE 12C No Director of the Board of Directors shall vote on any matter or transaction concerning or with any individual, entity or matter with such Director has, or within the twelve-month period preceding the vote had, any substantial ownership, employment, fiduciary contractual or creditor relationship (any such matter or transaction is hereinafter referred to as a "Conflict"). Each Director shall disclose in writing all Conflicts to the Board of Directors prior to the discussion of the underlying matter or transaction by the Board of Directors and shall draw to the attention of the Board of Directors such Conflict at any subsequent meetings at which such matter or transaction is discussed. Following such disclosure, a Director shall be entitled to take part in the discussions of the Board of Directors concerning such matter or transaction and shall be considered in determining whether a quorum is present, but shall not be entitled to vote on the applicable matter or transaction. The question of whether a Conflict exists shall, in the absence of certainty, be determined by the vote of a majority of disinterested directors present at the meeting called for the purpose of discussing the transaction nor matter to which the Conflict relates.

Compensation Review and Approval

990 PART VI LINE 15 the organization did not compensate officers or directors during the REPORTING PERIOD.

Public Disclosure

990 part vi line 19 the organization's governing documents, conflict of interest policy, and recent federal income tax returns are made available for public inspection at the organization's principal office during normal business hours.

Financial Statement Notes

Fin 48 Disclosure

Schedule d part x line 2 the organization is a nonprofit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and similar provisions of the california revenue and taxation code. The united states federal and state of california have statutes of limitations that generally range from three to four years. No open tax years are currently under examination.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECOND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8THIRD VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSISTANT SUPERINTENDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIVISION CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF INSTRUCTION
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIR OF SCHOOL IMPLEMENTATION
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