Civic Intelligence

Ridgewood School Association

990 • Fiscal year 2020 • EIN 31-0558452

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 24, 2021

2420 St Paris PikeSpringfield, OH 45503

(937) 399-8900

Siviq Scores

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

Liabilities / Assets

37th percentile

0.04x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

49th percentile

0.13x

Higher debt load relative to revenue than 49% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

70th percentile

18%

Higher net margin than 70% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

59th percentile

$79,150

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

58th percentile

9.7%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

17th percentile

-29%

Faster revenue growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,821,922

Up $426,939 (+9.7%) from 2019

Net Assets

Up

$4,636,898

Up $258,267 (+5.9%) from 2019

Liabilities

Up

$185,024

Up $168,672 (+1032%) from 2019

Revenue

Down

$1,428,180

Down $583,499 (-29%) from 2019

Expenses

Up

$1,175,852

Up $4,984 (+0.4%) from 2019

Net Income

Down

$252,328

Down $588,483 (-70%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $722,255Liabilities 2010: $252,165Net Assets 2010: $470,0902010Assets 2012: $842,328Liabilities 2012: $213,707Net Assets 2012: $628,6212012Assets 2013: $847,903Liabilities 2013: $26,363Net Assets 2013: $821,5402013Assets 2014: $723,898Liabilities 2014: $1,269Net Assets 2014: $722,6292014Assets 2015: $599,200Liabilities 2015: $2,171Net Assets 2015: $597,0292015Assets 2017: $915,799Liabilities 2017: $15,889Net Assets 2017: $899,9102017Assets 2019: $4,394,983Liabilities 2019: $16,352Net Assets 2019: $4,378,6312019Assets 2020: $4,821,922Liabilities 2020: $185,024Net Assets 2020: $4,636,8982020Assets 2021: $5,052,295Liabilities 2021: $15,700Net Assets 2021: $5,036,5952021Assets 2022: $5,080,796Liabilities 2022: $88,773Net Assets 2022: $4,992,0232022Assets 2023: $5,111,889Liabilities 2023: $19,881Net Assets 2023: $5,092,0082023Assets 2024: $5,321,415Liabilities 2024: $22,181Net Assets 2024: $5,299,2342024

Highlighted filing

2020

Assets$4,821,922
Liabilities$185,024
Net Assets$4,636,898

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $675,3352010Expenses 2012: $639,9442012Expenses 2013: $678,0202013Revenue 2014: $718,097Expenses 2014: $793,236Net Income 2014: -$75,1392014Revenue 2015: $711,427Expenses 2015: $757,664Net Income 2015: -$46,2372015Revenue 2017: $913,858Expenses 2017: $901,280Net Income 2017: $12,5782017Revenue 2019: $2,011,679Expenses 2019: $1,170,868Net Income 2019: $840,8112019Revenue 2020: $1,428,180Expenses 2020: $1,175,852Net Income 2020: $252,3282020Revenue 2021: $1,357,833Expenses 2021: $1,196,008Net Income 2021: $161,8252021Revenue 2022: $1,478,857Expenses 2022: $1,349,477Net Income 2022: $129,3802022Revenue 2023: $1,450,616Expenses 2023: $1,407,108Net Income 2023: $43,5082023Revenue 2024: $1,617,476Expenses 2024: $1,507,690Net Income 2024: $109,7862024

Highlighted filing

2020

Revenue$1,428,180
Expenses$1,175,852
Net Income$252,328
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 24, 2021
Return Version
2019v5.0
Gross Receipts
$1,440,854
Mission and Program Overview

Mission

To create a vibrant learning environment to cultivate the intellect, imagination and character of the students.

To create a virbrant learning environment to cultivate the intellect, imagination and character of the students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,846,337$2,929,698▲ $83,361
Investments in Publicly Traded Securities$1,353,722$1,508,259▲ $154,537
Cash and Non-Interest-Bearing Accounts$153,344$372,029▲ $218,685
Accounts Receivable$41,580$11,936▼ $29,644
Savings and Temporary Cash Investments-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,394,983$4,821,922▲ $426,939
Other Assets Total-$0-
Liabilities
Other Liabilities-$149,639-
Accounts Payable and Accrued Expenses$16,352$35,385▲ $19,033
Total Liabilities$16,352$185,024▲ $168,672
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,813,301$4,015,077▲ $201,776
Net Assets With Donor Restrictions$565,330$621,821▲ $56,491
Total Net Assets Fund Balance$4,378,631$4,636,898▲ $258,267
Total Liabilities and Net Assets / Fund Balance$4,394,983$4,821,922▲ $426,939

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,929,698$637,024$3,566,722

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,353,722$127,063▲ $29,107$1,633$1,508,259
2018----$1,353,722
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Aliya RanginwalaHead of SchoolFT$79,150$79,150
Christine ReynoldsSecretaryFT$24,707$24,707

Board Members and Trustees

NameTitle
Mendy SimmonsPresident
Afshan SyedTrustee
Bill BrougherTrustee
Corwin GeorgesTrustee
Dr Tariq RizviTrustee
Jeanne LampeTrustee
Mark RobertsonTrustee
Marta WojcikTrustee
Melinda ReardonTrustee
Peg FoleyTrustee
Rob YoungTrustee
Mike FisselTreasurer
Adam RussellVice Presid
Revenue and Support

Revenue Composition

Contributions and Grants
$380,775
Program Service Revenue
$987,732
Investment Income
$31,035
Other Revenue
$28,638
All Other Contributions
$379,595
Change in Net Assets
$252,328

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,428,180
Total Revenue per Audited Statements
$1,428,180
Total Revenue per Form 990
$1,428,180
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$790,493
Other Expenses$385,359
Total Fundraising Expense$20,646
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$492,081$124,999$7,915$624,995
Current Officers, Directors, Trustees, and Key Employees$83,086$20,771-$103,857
Depreciation Depletion$76,946--$76,946
Occupancy$53,058$13,264-$66,322
All Other Expenses$21,873$30,220$10,074$62,167
Payroll Taxes$48,833$12,208-$61,041
Other Expenses$19,482$4,871$2,657$24,353
Advertising$13,682--$13,682
Fees for Services Other$4,509$1,127-$5,636
Other Employee Benefits$480$120-$600
Total Functional Expenses$942,313$212,893$20,646$1,175,852

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,175,852
Total Expenses per Audited Statements$1,175,852
Total Expenses per Form 990$1,175,852
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$41,312
Fundraising Direct Expenses$12,674
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$34,930$34,930$6,747$28,183
Other$7,562$6,382$5,927$455
Total Events$42,492$41,312$12,674$28,638
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Payroll Protection Program Loan$149,639
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 35% controlled entity
No
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, Line 11B: Form 990 Review Process

The 990 is reviewed by the CEO, Finance Committee and the entire Board for approval as necessary. All members receive a copy of the 990 prior to filing.

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

All necessary documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ridgewood School Association
EIN
31-0558452
Phone
9373998900
Address
2420 ST PARIS PIKE, SPRINGFIELD, OH 45503

Signing Officer

Name
Aliya Ranginwala
Title
CEO
Signed
2021-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aliya Ranginwala
Voting Board Members
15
Independent Board Members
12
Employees
36
Volunteers
10

Preparer

Firm
Bennett Groeber Mullen & Feltner Co
Address
20 S Limestone St Suite 320, Springfield, OH 45502
Preparer
Troy D Lowe
Phone
9373250623
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

To provide the safeguard and growth of funds needed for the Association to achieve its mission of creating a vibrant learning environment to cultivate the intellect, imagination and character of the students.

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IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt01180
IRS990/FundraisingDirectExpensesAmt012674
IRS990/FundraisingGrossIncomeAmt041312
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01440854
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt031035
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt031035
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01353722
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01508259
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0637024
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02846337
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02929698
IRS990/LandBldgEquipCostOrOtherBssAmt03566722
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO CREATE A VIRBRANT LEARNING ENVIRONMENT TO CULTIVATE THE INTELLECT, IMAGINATION AND CHARACTER OF THE STUDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04378631
IRS990/NetAssetsOrFundBalancesEOYAmt04636898
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt028638
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03813301
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04015077
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt013264
IRS990/OccupancyGrp/ProgramServicesAmt053058
IRS990/OccupancyGrp/TotalAmt066322
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0120
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0480
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0600
IRS990/OtherExpensesGrp/Desc0AUXILIARY
IRS990/OtherExpensesGrp/Desc1OTHER SCHOOL ACTIVITIES
IRS990/OtherExpensesGrp/Desc2OFFICE
IRS990/OtherExpensesGrp/Desc3MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt02657
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05313
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14871
IRS990/OtherExpensesGrp/ProgramServicesAmt076492
IRS990/OtherExpensesGrp/ProgramServicesAmt133196
IRS990/OtherExpensesGrp/ProgramServicesAmt218595
IRS990/OtherExpensesGrp/ProgramServicesAmt319482
IRS990/OtherExpensesGrp/TotalAmt076492
IRS990/OtherExpensesGrp/TotalAmt133196
IRS990/OtherExpensesGrp/TotalAmt226565
IRS990/OtherExpensesGrp/TotalAmt324353
IRS990/OtherLiabilitiesGrp/EOYAmt0149639
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07915
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0124999
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0492081
IRS990/OtherSalariesAndWagesGrp/TotalAmt0624995
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012208
IRS990/PayrollTaxesGrp/ProgramServicesAmt048833
IRS990/PayrollTaxesGrp/TotalAmt061041
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ALIYA RANGINWALA
IRS990/PriorPeriodAdjustmentsAmt05939
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0AFTER SCHOOL PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc1CAFETERIA
IRS990/ProgramServiceRevenueGrp/Desc2OTHER SCHOOL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016972
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt131932
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2188250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3750578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016972
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt131932
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2188250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3750578
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE MEALS TO STUDENTS WHILE AT SCHOOL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt026489
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt031932
IRS990/ProgSrvcAccomActy3Grp/Desc0TO PROVIDE SUPERVISED CARE AND PROGRAMS FOR STUDENTS REQUIRING AFTER SCHOOL AND SUMMER SUPERVISION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05637
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt016972
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0992715
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt020144
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0467391
IRS990/PYOtherRevenueAmt043527
IRS990/PYProgramServiceRevenueAmt0955293
IRS990/PYRevenuesLessExpensesAmt0840811
IRS990/PYSalariesCompEmpBnftPaidAmt0703477
IRS990/PYTotalExpensesAmt01170868
IRS990/PYTotalRevenueAmt02011679
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0252328
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0938828
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.63680
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01353722
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0127063
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01508259
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt029107
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01633
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01353722
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02929698

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