Civic Intelligence

Resources for Rural Community Development Inc

990 • Fiscal year 2020 • EIN 31-1531658

Jul 01, 2019 to Jun 30, 2020 • Filed on May 08, 2021

P O Box 492275Redding, CA 96049

(530) 224-2800

Siviq Scores

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

Liabilities / Assets

61st percentile

0.27x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

2.58x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

17th percentile

-13%

Higher net margin than 17% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

24th percentile

$36,435

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

23rd percentile

-1.6%

Faster asset growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-12%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$8,592,934

Down $140,928 (-1.6%) from 2019

Net Assets

Down

$6,237,272

Down $122,959 (-1.9%) from 2019

Liabilities

Down

$2,355,662

Down $17,969 (-0.8%) from 2019

Revenue

Down

$912,864

Down $130,059 (-12%) from 2019

Expenses

Down

$1,035,823

Down $276,513 (-21%) from 2019

Net Income

Up

-$122,959

Up $146,454 (+54%) from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $8,167,551Liabilities 2011: $3,664,813Net Assets 2011: $4,502,7382011Assets 2012: $8,440,497Liabilities 2012: $3,509,927Net Assets 2012: $4,930,5702012Assets 2013: $8,497,303Liabilities 2013: $3,247,536Net Assets 2013: $5,249,7672013Assets 2014: $8,661,814Liabilities 2014: $2,992,784Net Assets 2014: $5,669,0302014Assets 2015: $8,643,589Liabilities 2015: $2,671,681Net Assets 2015: $5,971,9082015Assets 2016: $8,687,265Liabilities 2016: $2,494,066Net Assets 2016: $6,193,1992016Assets 2017: $9,201,920Liabilities 2017: $2,656,468Net Assets 2017: $6,545,4522017Assets 2018: $9,103,205Liabilities 2018: $2,473,561Net Assets 2018: $6,629,6442018Assets 2019: $8,733,862Liabilities 2019: $2,373,631Net Assets 2019: $6,360,2312019Assets 2020: $8,592,934Liabilities 2020: $2,355,662Net Assets 2020: $6,237,2722020Assets 2021: $8,466,693Liabilities 2021: $2,408,263Net Assets 2021: $6,058,4302021Assets 2022: $7,807,489Liabilities 2022: $1,975,755Net Assets 2022: $5,831,7342022Assets 2023: $7,343,102Liabilities 2023: $1,922,537Net Assets 2023: $5,420,5652023Assets 2024: $6,774,541Liabilities 2024: $1,783,028Net Assets 2024: $4,991,5132024

Highlighted filing

2020

Assets$8,592,934
Liabilities$2,355,662
Net Assets$6,237,272

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $762,4972011Expenses 2012: $755,4282012Expenses 2013: $716,2332013Revenue 2014: $1,190,521Expenses 2014: $771,258Net Income 2014: $419,2632014Revenue 2015: $1,203,291Expenses 2015: $900,413Net Income 2015: $302,8782015Revenue 2016: $1,013,551Expenses 2016: $792,260Net Income 2016: $221,2912016Revenue 2017: $1,169,427Expenses 2017: $817,174Net Income 2017: $352,2532017Revenue 2018: $946,354Expenses 2018: $862,162Net Income 2018: $84,1922018Revenue 2019: $1,042,923Expenses 2019: $1,312,336Net Income 2019: -$269,4132019Revenue 2020: $912,864Expenses 2020: $1,035,823Net Income 2020: -$122,9592020Revenue 2021: $1,064,368Expenses 2021: $1,243,210Net Income 2021: -$178,8422021Revenue 2022: $1,018,324Expenses 2022: $1,245,020Net Income 2022: -$226,6962022Revenue 2023: $1,967,068Expenses 2023: $2,378,337Net Income 2023: -$411,2692023Revenue 2024: $1,789,899Expenses 2024: $2,163,861Net Income 2024: -$373,9622024

Highlighted filing

2020

Revenue$912,864
Expenses$1,035,823
Net Income-$122,959
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 8, 2021
Return Version
2019v5.0
Gross Receipts
$912,864
Mission and Program Overview

Mission

The primary purpose of Resources for Rural Community Development, Inc., is to provide housing and housing related services to disabled and low income individuals in the north state.

The primary purpose of resources for rural community development , inc., is to provide housing and housing related services to disabled and low income individuals in the north state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,934,976$6,682,438▼ $252,538
Savings and Temporary Cash Investments$1,680,685$1,843,231▲ $162,546
Accounts Receivable$59,104$46,349▼ $12,755
Intangible Assets$15,927$13,294▼ $2,633
Prepaid Expenses and Deferred Charges$40,775$7,412▼ $33,363
Cash and Non-Interest-Bearing Accounts$210$210→ $0
Total Assets$8,733,862$8,592,934▼ $140,928
Other Assets Total$2,185--
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,193,198$1,997,867▼ $195,331
Deferred Revenue$46,908$314,342▲ $267,434
Other Liabilities$104,478$22,771▼ $81,707
Accounts Payable and Accrued Expenses$29,047$20,682▼ $8,365
Total Liabilities$2,373,631$2,355,662▼ $17,969
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,596,592$3,484,135▼ $112,457
Net Assets With Donor Restrictions$2,763,639$2,753,137▼ $10,502
Total Net Assets Fund Balance$6,360,231$6,237,272▼ $122,959
Total Liabilities and Net Assets / Fund Balance$8,733,862$8,592,934▼ $140,928

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,423,159$2,675,367$7,098,526
Land$2,258,055-$2,258,055
Equipment$1,224$23,610$24,834
Other Land Buildings-$12,380$12,380
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dawn Fisher SmithExecutive DiFT$36,435$36,435

Board Members and Trustees

NameTitle
Cynthia OgreyPresident
Amy FaccaDirector
Arianna KingDirector
Brandi SeatersDirector
Leslie WilsonDirector
Meagan SedleyDirector
Diana CochraneSecretary
Daniel P MurphyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$94,934
Program Service Revenue
$813,809
Investment Income
$4,121
Other Revenue
$0
All Other Contributions
$94,934
Change in Net Assets
$-122,959

Audited Revenue Reconciliation

Revenue per Audited Statements
$912,864
Total Revenue per Audited Statements
$912,864
Total Revenue per Form 990
$912,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$916,897
Salaries, Compensation, and Employee Benefits$118,926
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$259,265$20-$259,285
Other Salaries and Wages$55,585$62,352-$117,937
Interest$86,292--$86,292
Insurance$47,302$3,518-$50,820
Fees for Services Other$2,670$9,996-$12,666
Office Expenses$4,588$5,124-$9,712
All Other Expenses$4,255$4,830-$9,085
Occupancy$2,216$3,186-$5,402
Other Expenses$1,367$3,191-$4,558
Travel$1,885$1,731-$3,616
Fees for Services Management$2,000--$2,000
Advertising$-1,518$2,878-$1,360
Payroll Taxes$989--$989
Total Functional Expenses$931,984$103,839$0$1,035,823

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,035,823
Total Expenses per Audited Statements$1,035,823
Total Expenses per Form 990$1,035,823
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$15,236
Interest Payable$6,431
Deficit in Partnership$1,104
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 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
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, Page 6, Part VI, Line 11B

Copies of a draft of form 990 is provided to management who provides said copy to the board for review prior to filing.

Form 990, Page 6, Part VI, Line 12C

Annually, board completes a conflict of interest questionaire. Each member signs the questionaire when completed. Any conflicts of interest identified would be researced. To date, there have been no conflicts reported.

Form 990, Page 6, Part VI, Line 15A

The organization reviewed reports on compensation for non-profits including regional and local data.

Form 990, Page 6, Part VI, Line 15B

The organization reviewed reports on compensation for non-profits including regional and local data.

Form 990, Page 6, Part VI, Line 19

Copies of the governing documents, conflict of interest policy, financial statements, and tax returns are availabe to the public upon request at the local office. This procedure did not change from the prior year.

Filing and Contact Details

Filer

Filer Name
Resources for Rural Community
EIN
31-1531658
Phone
5302242800
Address
P O BOX 492275, REDDING, CA 96049

Signing Officer

Name
Dawn Fisher Smith
Title
Executive Director
Phone
5302242800
Signed
2021-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn Fisher Smith
Formed
1997
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
5

Preparer

Firm
Simmons & Associates CPA
Address
PO BOX 491647, REDDING, CA 96049
Preparer
Teri L Simmons
Phone
5306051902
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

ACCESS HOME

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code and section 2370l(d) of the california revenue and taxation code. Therefore, no provision for income taxes has been made in these financial statements. Fasb asc 740-10 clarifies the accounting for uncertainty in income taxes recognized in the organizations financial statements in accordance with fasb asc 740, and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Fasb asc 740-10 also provides guidance in derecognition and measurement of a tax position taken or expected to be taken in a tax return. The organization files income tax returns in the u.s. Federal jurisdiction and the state of california. The organization's federal income tax returns for tax years 2016 and beyond remain subject to examination by the internal revenue service. The organization s california income tax returns for tax years 2015 and beyond remain subject to examination by the franchise tax board. The organization did not have unrecognized tax benefits as of june 30, 2020 and 2019 and does not expect this to change significantly over the next 12 months. As of june 30, 2020, and 2019, the organization did not accrue interest or penalties related to uncertain tax positions.

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IRS990ScheduleD/EquipmentGrp/BookValueAmt01224
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023610
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFICIT IN PARTNERSHIP
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 2370L(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. FASB ASC 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATIONS FINANCIAL STATEMENTS IN ACCORDANCE WITH FASB ASC 740, AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740-10 ALSO PROVIDES GUIDANCE IN DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. THE ORGANIZATION'S FEDERAL INCOME TAX RETURNS FOR TAX YEARS 2016 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION S CALIFORNIA INCOME TAX RETURNS FOR TAX YEARS 2015 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD. THE ORGANIZATION DID NOT HAVE UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2020 AND 2019 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. AS OF JUNE 30, 2020, AND 2019, THE ORGANIZATION DID NOT ACCRUE INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCESS HOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF A DRAFT OF FORM 990 IS PROVIDED TO MANAGEMENT WHO PROVIDES SAID COPY TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, BOARD COMPLETES A CONFLICT OF INTEREST QUESTIONAIRE. EACH MEMBER SIGNS THE QUESTIONAIRE WHEN COMPLETED. ANY CONFLICTS OF INTEREST IDENTIFIED WOULD BE RESEARCED. TO DATE, THERE HAVE BEEN NO CONFLICTS REPORTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REVIEWED REPORTS ON COMPENSATION FOR NON-PROFITS INCLUDING REGIONAL AND LOCAL DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REVIEWED REPORTS ON COMPENSATION FOR NON-PROFITS INCLUDING REGIONAL AND LOCAL DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND TAX RETURNS ARE AVAILABE TO THE PUBLIC UPON REQUEST AT THE LOCAL OFFICE. THIS PROCEDURE DID NOT CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0APT RENTAL
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine2Txt0RED BLUFF VISTA
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0931984
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.77$1.78$4.99$1.79$2.16$0.37
2023Detailed filing. Detailed filing data is available for this year.$7.34$1.92$5.42$1.97$2.38$0.41
2022Detailed filing. Detailed filing data is available for this year.$7.81$1.98$5.83$1.02$1.25$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.47$2.41$6.06$1.06$1.24$0.18
2020Detailed filing. Detailed filing data is available for this year.$8.59$2.36$6.24$0.91$1.04$0.12
2019Detailed filing. Detailed filing data is available for this year.$8.73$2.37$6.36$1.04$1.31$0.27
2018Detailed filing. Detailed filing data is available for this year.$9.10$2.47$6.63$0.95$0.86$0.08
2017Detailed filing. Detailed filing data is available for this year.$9.20$2.66$6.55$1.17$0.82$0.35
2016Detailed filing. Detailed filing data is available for this year.$8.69$2.49$6.19$1.01$0.79$0.22
2015Detailed filing. Detailed filing data is available for this year.$8.64$2.67$5.97$1.20$0.90$0.30
2014Detailed filing. Detailed filing data is available for this year.$8.66$2.99$5.67$1.19$0.77$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.50$3.25$5.25$0.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.44$3.51$4.93$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.17$3.66$4.50$0.76