Civic Intelligence

Rielo Institute for Integral Development Inc

990 • Fiscal year 2014 • EIN 27-4056363

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

440 West Neck DriveHuntington, NY 11743

(212) 601-2744

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.

2014 filings • NTEE P20 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2014 filings • NTEE P20 • <$500k nonprofits • Source year 2014

Net Margin

24th percentile

-7.9%

Higher net margin than 24% of similar nonprofits.

2014 filings • NTEE P20 • <$500k nonprofits • Source year 2014

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2014 filings • NTEE P20 • <$500k nonprofits • Source year 2014

Asset Growth

18th percentile

-29%

Faster asset growth than 18% of similar nonprofits.

2014 filings • NTEE P20 • <$500k nonprofits • Annualized from 2011 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$48,605

Down $89,158 (-65%) from 2011

Net Assets

Up

$44,604

Up $44,344 (+17055%) from 2011

Liabilities

Down

$4,001

Down $133,502 (-97%) from 2011

Revenue

$171,906

No earlier filing loaded for comparison.

Expenses

Down

$185,462

Down $132,604 (-42%) from 2011

Net Income

-$13,556

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $137,763Liabilities 2011: $137,503Net Assets 2011: $2602011Assets 2014: $48,605Liabilities 2014: $4,001Net Assets 2014: $44,6042014Assets 2015: $87,392Liabilities 2015: $5,338Net Assets 2015: $82,0542015Assets 2016: $98,644Liabilities 2016: $4,002Net Assets 2016: $94,6422016Assets 2018: $75,926Liabilities 2018: $0Net Assets 2018: $75,9262018Assets 2019: $55,641Liabilities 2019: $0Net Assets 2019: $55,6412019Assets 2020: $26,016Liabilities 2020: $0Net Assets 2020: $26,0162020Assets 2021: $48,908Liabilities 2021: $0Net Assets 2021: $48,9082021Assets 2022: $37,284Liabilities 2022: $0Net Assets 2022: $37,2842022

Highlighted filing

2014

Assets$48,605
Liabilities$4,001
Net Assets$44,604

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $318,0662011Revenue 2014: $171,906Expenses 2014: $185,462Net Income 2014: -$13,5562014Revenue 2015: $163,468Expenses 2015: $126,018Net Income 2015: $37,4502015Revenue 2016: $140,243Expenses 2016: $127,655Net Income 2016: $12,5882016Revenue 2018: $52,523Expenses 2018: $68,566Net Income 2018: -$16,0432018Revenue 2019: $42,521Expenses 2019: $103,581Net Income 2019: -$61,0602019Revenue 2020: $24,118Expenses 2020: $53,743Net Income 2020: -$29,6252020Revenue 2021: $63,904Expenses 2021: $41,012Net Income 2021: $22,8922021Revenue 2022: $27,938Expenses 2022: $39,563Net Income 2022: -$11,6252022

Highlighted filing

2014

Revenue$171,906
Expenses$185,462
Net Income-$13,556
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$171,906
Mission and Program Overview

Mission

Part i, line 1 the rielo institute for integral development, inspired by the humanistic and philosophical teaching of fernando rielo, focuses on all types of pedagogy, particularly health related training, to overcome despair, poverty and all frustrations denounced by human indigence:illness, lack of education,injustice and, in general, life sorrow. The services provided by the institute range from academic and training programs to scientific research and targeted projects, such as the dictionary of development, and medals ( a medical and anthropological knowledge base to be used as tools throughout the world, by all interested parties working in the field of development. The institute also co-sponsors programs and activities with different universities and agencies from developed and developing countries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,881$24,435▲ $12,554
Savings and Temporary Cash Investments$44,400$14,070▼ $30,330
Accounts Receivable$109,880$10,100▼ $99,780
Total Assets$166,161$48,605▼ $117,556
Liabilities
Accounts Payable and Accrued Expenses$108,001$4,001▼ $104,000
Total Liabilities$108,001$4,001▼ $104,000
Net Assets / Fund Balance
Unrestricted Net Assets$58,160$44,604▼ $13,556
Total Net Assets Fund Balance$58,160$44,604▼ $13,556
Total Liabilities and Net Assets / Fund Balance$166,161$48,605▼ $117,556
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elaine SchenkDirector
Luis Migel RomeroDirector
Riccardo CollasantiDirector
Annalisa SaccaChiefacedemi
Luis CasasusExec Dir/pre
Robert BadilloSecretary/vi
Fernando RealTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$171,878
Program Service Revenue
$0
Investment Income
$28
Other Revenue
$0
All Other Contributions
$171,878
Change in Net Assets
$-13,556

Audited Revenue Reconciliation

Revenue per Audited Statements
$171,906
Total Revenue per Audited Statements
$171,906
Total Revenue per Form 990
$171,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$185,462
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$12,130$12,131-$24,261
Occupancy$9,000$9,000-$18,000
Fees for Services Accounting-$12,820-$12,820
Information Technology$3,647$6,774-$10,421
Fees for Services Other$8,708--$8,708
Other Expenses$744$744-$1,488
Office Expenses$707$708-$1,415
Fees for Services Legal-$1,060-$1,060
Conferences and Meetings$420$420-$840
Total Functional Expenses$141,805$43,657$0$185,462

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$185,462
Total Expenses per Audited Statements$185,462
Total Expenses per Form 990$185,462
International Activity

International Compliance

Foreign grant records maintained
No
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
EuropeProgram ServicesScholarship Program---
Middle East Including N. AfricaProgram ServicesScholarship Program---
South AsiaProgram ServicesScholarship Program---
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
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
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
No

Governance Explanations

Form 990, Part VI

Section c, line 19: the governing documents of the rielo institute, conflict of interest policy and financial statements are available by emailing the organization at www.rieloinstitute.org

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No action was taken to make documents available to the public. Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Rielo Institute for Integral
EIN
27-4056363
Phone
2126012744
Address
440 WEST NECK DRIVE, HUNTINGTON, NY 11743

Signing Officer

Name
Riccardo Colasanti
Title
Chief Executive Director
Phone
2126012744
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Riccardo Colasanti
Formed
2010
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Joseph D Conway CPA
Address
6 SWENSON DR, WOODBURY, NY 11797-1223
Preparer
Joseph D Conway CPA
Phone
5163641111
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Part i, line 1 the rielo institute for integral development, inspired by the humanistic and philosophical teaching of fernando rielo, focuses on all types of pedagogy, particularly health related training, to overcome despair, poverty and all frustrations denounced by human indigence:illness, lack of education,injustice and, in general, life sorrow. The services provided by the institute range from academic and training programs to scientific research and targeted projects, such as the dictionary of development, and medals ( a medical and anthropological knowledge base to be used as tools throughout the world, by all interested parties working in the field of development. The institute also co-sponsors programs and activities with different universities and agencies from developed and developing countries.

Form 990, Part III

Form 990, part iii, line 1, description of organization mission: the rielo institute for integral development, inc. Focuses on all types of pedagogy, particularly health related training, to overcome depair, poverty and all "frustration denounced by human indigence: illness, lack of education, injustice and in general, life's sorrow. The aim of the institute is thus to: 1. Offer high quality graduate and post-graduate programs, residential or distance learning that prepare students to foster development, fight poverty and all human despair. 2.offer a wide variety of educatinal and training programs in international cooperation and development, not excluding health care and divinity. Part iii, line 4a, program service accomplishments: solutions to the many problems facing the global community today and beyond this innovative multidisciplinary program combines classroom instruction with on-line distance learning to offer students the flexibility to pursue in-depth research in a broad variety of critical areas related to global development and social jusice. It also encompasses a broad range of topics, including: development and the role of organizations, information resources for development, political issues of development, gis applications for intergrated and sustainable development, gender and social justice in development, international communication and global development, health care issues in global development. Additionally, there is a required capstone project to be presented in the integrated seminar that summarizes the student learning in the courses and his/her ability to undertake in-depth research and apply the knowledge and skills acquired. The degree program can be completed in two years of full-time study and includes 11 three-credit courses for a total of 33 credits. Four courses are to be taken at the unicaritas headquarters in rome in the summer, at outset and at the close of program, while the remainder of the curriculum is delivered via on-line distance learning. Students earning this ma in global development and social justice will be trained in areas that are critical for established and emerging professions devoted to global issues. These areas include academic fields, national and international organizations, governmental and non-governmental organizations, agencies of te un such as unfem, unicef, fao, imf and the world bank, and multinational corporations, the media, law firms, foundations, emergency relief, and diplomatic missions. Given the nature of the program, the curriculum offers significant training in information technology (the program provides each student with a laptop computer and a digital camera), and an optional internship related to the students required capstone project. It also encompsses a broad range of topics related to development and social justice. Additionally, the capstone project is presented in the integrated seminar, summarizing the students learning in the courses and his/her ability to undertake in-depth research and apply the knowledge and skills acquired. Finally, its dedicated and distinguished faculty and support staff participate together and individually in special training seminars and workshops to ensure excellence in instruction and program management.

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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SCHOLARSHIP PROGRAM
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0EUROPE 0 0 MIDDLE EAST INCLUDING N. AFRICA 0 0 SOUTH ASIA 0 0
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1SCHEDULE F, PART I, LINE 2: THE STEERING COMMITTEE FOR ACEDEMIC PROGRAMS WILL BE CHARGED BY ANNALISA SACCA. RIID WILL DESIGNATE THREE MEMBERS OF THE STEERING COMMITTEE. FOUR MEMBERS OF THE STEERING COMMITTEE WILL BE ST. JOHN'S UNIVERSITY PERSONNEL. THE DECISION TO INCREASE THE NUMBER OF MEMBERS N THE STEERING COMMITTEE SHALL BE SUBJECT TO THE APPROVAL OF ALL PARTIES. THE DIRECTOR OF THE CENTER FOR GLOBAL DEVELOPMENT AT ST. JOHN'S UNVERSITY SHALL BE AND REMAIN A MEMBER OF THE STEERING COMMITTEE. THE STEERING COMMITTEE WILL MEET AT LEAST TWO TIMES PER YEAR, IN NEW YORK AND IN ROME, AND IS CHARGED WITH THE DEVELOPMENT AND OVERSIGHT OF THE PROGRAM IN CONFORMITY WITH THE NORMAL PRACTICES OF ST. JOHN'S UNIVERSITY AND NEW YORK STATE EDUCATION DEPARTMENT. THE CHAIRPERSON OF THE STEERING COMMITTEE WILL PROVIDE ADMINISTRATIVE OVERSIGHT OF THE PROGRAM WITH REGARD TO RECEIVING AND TRANSMITTING ALL APPLICATIONS TO THE STEERING COMMITTEE; FOR COORDINATING WITH THE OFFICE OF MARKETING AND OTHER RELEVANT DEPARTMENTS WITH RESPECT TO THE PUBLICITY AND WEBSITE(S) ASSOCIATED WITH THESE PROGRAMS; FOR COORDINATING WITH THE ST. JOHN'S UNIVERSITY PERSONNEL AT THE ROME CAMPUS TO COORDINATE LOCAL LOGISTICAL AND OTHER MATTERS; FOR COORDINATION AND COOPERATION WITH INFORMATION TECHNOLOGY AND DISTANCE LEARNING WITH RESPECT TO THEIR SPECIFIC AREAS OF RESPONSIBILITY. IN ADDITION TO THESE DUTIES, THE DIRECTOR OF THE CENTER FOR GLOBAL DEVELOPMENT WILL ALSO SEEK OTHER FUNDS TO INCREASE BUDGET CAPABILITIES AND DISBURSE THE FUNDS FOR THE PROGRAMS,THE RESEARCH AND SCHOLARSHIP IN SUCH A WAY AS TO ENSURE QUALITY OF ACTIVITIES AND EFFECTIVE COLLABORATION. RELATIVES OF MEMBERS OF THE SELECTION COMMITTEE, OR OF THE OFFICERS, DIRECTORS, OR SUBSTANTIAL CONTRIBUTORS OF THE RIELO INSTITUTE ARE NOT ELIGIBLE FOR AWARDS MADE UNDER THE SCHOLARSHIP PROGRAM.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 5, PART V
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART I, LINE 1 THE RIELO INSTITUTE FOR INTEGRAL DEVELOPMENT, INSPIRED BY THE HUMANISTIC AND PHILOSOPHICAL TEACHING OF FERNANDO RIELO, FOCUSES ON ALL TYPES OF PEDAGOGY, PARTICULARLY HEALTH RELATED TRAINING, TO OVERCOME DESPAIR, POVERTY AND ALL FRUSTRATIONS DENOUNCED BY HUMAN INDIGENCE:ILLNESS, LACK OF EDUCATION,INJUSTICE AND, IN GENERAL, LIFE SORROW. THE SERVICES PROVIDED BY THE INSTITUTE RANGE FROM ACADEMIC AND TRAINING PROGRAMS TO SCIENTIFIC RESEARCH AND TARGETED PROJECTS, SUCH AS THE DICTIONARY OF DEVELOPMENT, AND MEDALS ( A MEDICAL AND ANTHROPOLOGICAL KNOWLEDGE BASE TO BE USED AS TOOLS THROUGHOUT THE WORLD, BY ALL INTERESTED PARTIES WORKING IN THE FIELD OF DEVELOPMENT. THE INSTITUTE ALSO CO-SPONSORS PROGRAMS AND ACTIVITIES WITH DIFFERENT UNIVERSITIES AND AGENCIES FROM DEVELOPED AND DEVELOPING COUNTRIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE RIELO INSTITUTE FOR INTEGRAL DEVELOPMENT, INC. FOCUSES ON ALL TYPES OF PEDAGOGY, PARTICULARLY HEALTH RELATED TRAINING, TO OVERCOME DEPAIR, POVERTY AND ALL "FRUSTRATION DENOUNCED BY HUMAN INDIGENCE: ILLNESS, LACK OF EDUCATION, INJUSTICE AND IN GENERAL, LIFE'S SORROW. THE AIM OF THE INSTITUTE IS THUS TO: 1. OFFER HIGH QUALITY GRADUATE AND POST-GRADUATE PROGRAMS, RESIDENTIAL OR DISTANCE LEARNING THAT PREPARE STUDENTS TO FOSTER DEVELOPMENT, FIGHT POVERTY AND ALL HUMAN DESPAIR. 2.OFFER A WIDE VARIETY OF EDUCATINAL AND TRAINING PROGRAMS IN INTERNATIONAL COOPERATION AND DEVELOPMENT, NOT EXCLUDING HEALTH CARE AND DIVINITY. PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: SOLUTIONS TO THE MANY PROBLEMS FACING THE GLOBAL COMMUNITY TODAY AND BEYOND THIS INNOVATIVE MULTIDISCIPLINARY PROGRAM COMBINES CLASSROOM INSTRUCTION WITH ON-LINE DISTANCE LEARNING TO OFFER STUDENTS THE FLEXIBILITY TO PURSUE IN-DEPTH RESEARCH IN A BROAD VARIETY OF CRITICAL AREAS RELATED TO GLOBAL DEVELOPMENT AND SOCIAL JUSICE. IT ALSO ENCOMPASSES A BROAD RANGE OF TOPICS, INCLUDING: DEVELOPMENT AND THE ROLE OF ORGANIZATIONS, INFORMATION RESOURCES FOR DEVELOPMENT, POLITICAL ISSUES OF DEVELOPMENT, GIS APPLICATIONS FOR INTERGRATED AND SUSTAINABLE DEVELOPMENT, GENDER AND SOCIAL JUSTICE IN DEVELOPMENT, INTERNATIONAL COMMUNICATION AND GLOBAL DEVELOPMENT, HEALTH CARE ISSUES IN GLOBAL DEVELOPMENT. ADDITIONALLY, THERE IS A REQUIRED CAPSTONE PROJECT TO BE PRESENTED IN THE INTEGRATED SEMINAR THAT SUMMARIZES THE STUDENT LEARNING IN THE COURSES AND HIS/HER ABILITY TO UNDERTAKE IN-DEPTH RESEARCH AND APPLY THE KNOWLEDGE AND SKILLS ACQUIRED. THE DEGREE PROGRAM CAN BE COMPLETED IN TWO YEARS OF FULL-TIME STUDY AND INCLUDES 11 THREE-CREDIT COURSES FOR A TOTAL OF 33 CREDITS. FOUR COURSES ARE TO BE TAKEN AT THE UNICARITAS HEADQUARTERS IN ROME IN THE SUMMER, AT OUTSET AND AT THE CLOSE OF PROGRAM, WHILE THE REMAINDER OF THE CURRICULUM IS DELIVERED VIA ON-LINE DISTANCE LEARNING. STUDENTS EARNING THIS MA IN GLOBAL DEVELOPMENT AND SOCIAL JUSTICE WILL BE TRAINED IN AREAS THAT ARE CRITICAL FOR ESTABLISHED AND EMERGING PROFESSIONS DEVOTED TO GLOBAL ISSUES. THESE AREAS INCLUDE ACADEMIC FIELDS, NATIONAL AND INTERNATIONAL ORGANIZATIONS, GOVERNMENTAL AND NON-GOVERNMENTAL ORGANIZATIONS, AGENCIES OF TE UN SUCH AS UNFEM, UNICEF, FAO, IMF AND THE WORLD BANK, AND MULTINATIONAL CORPORATIONS, THE MEDIA, LAW FIRMS, FOUNDATIONS, EMERGENCY RELIEF, AND DIPLOMATIC MISSIONS. GIVEN THE NATURE OF THE PROGRAM, THE CURRICULUM OFFERS SIGNIFICANT TRAINING IN INFORMATION TECHNOLOGY (THE PROGRAM PROVIDES EACH STUDENT WITH A LAPTOP COMPUTER AND A DIGITAL CAMERA), AND AN OPTIONAL INTERNSHIP RELATED TO THE STUDENTS REQUIRED CAPSTONE PROJECT. IT ALSO ENCOMPSSES A BROAD RANGE OF TOPICS RELATED TO DEVELOPMENT AND SOCIAL JUSTICE. ADDITIONALLY, THE CAPSTONE PROJECT IS PRESENTED IN THE INTEGRATED SEMINAR, SUMMARIZING THE STUDENTS LEARNING IN THE COURSES AND HIS/HER ABILITY TO UNDERTAKE IN-DEPTH RESEARCH AND APPLY THE KNOWLEDGE AND SKILLS ACQUIRED. FINALLY, ITS DEDICATED AND DISTINGUISHED FACULTY AND SUPPORT STAFF PARTICIPATE TOGETHER AND INDIVIDUALLY IN SPECIAL TRAINING SEMINARS AND WORKSHOPS TO ENSURE EXCELLENCE IN INSTRUCTION AND PROGRAM MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECTION C, LINE 19: THE GOVERNING DOCUMENTS OF THE RIELO INSTITUTE, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY EMAILING THE ORGANIZATION AT WWW.RIELOINSTITUTE.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO ACTION WAS TAKEN TO MAKE DOCUMENTS AVAILABLE TO THE PUBLIC. DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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