Civic Intelligence

Three Rivers Charter School

990 • Fiscal year 2023 • EIN 32-0199882

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 17, 2024

1211 Del Mar Drive Ste 301Fort Bragg, CA 95437

(707) 964-1128

Siviq Scores

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

Liabilities / Assets

78th percentile

0.35x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

0.60x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

64th percentile

$91,791

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

90th percentile

56%

Faster asset growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

75th percentile

31%

Faster revenue growth than 75% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,517,624

Up $907,760 (+56%) from 2022

Net Assets

Up

$1,626,096

Up $278,232 (+21%) from 2022

Liabilities

Up

$891,528

Up $629,528 (+240%) from 2022

Revenue

Up

$1,476,461

Up $350,335 (+31%) from 2022

Expenses

Up

$1,198,229

Up $192,409 (+19%) from 2022

Net Income

Up

$278,232

Up $157,926 (+131%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $352,771Liabilities 2014: $44,269Net Assets 2014: $308,5022014Assets 2015: $495,424Liabilities 2015: $48,227Net Assets 2015: $447,1972015Assets 2016: $684,625Liabilities 2016: $64,908Net Assets 2016: $619,7172016Assets 2017: $874,396Liabilities 2017: $69,700Net Assets 2017: $804,6962017Assets 2018: $1,003,803Liabilities 2018: $76,816Net Assets 2018: $926,9872018Assets 2019: $1,250,559Liabilities 2019: $135,447Net Assets 2019: $1,115,1122019Assets 2020: $1,170,061Liabilities 2020: $136,361Net Assets 2020: $1,033,7002020Assets 2021: $1,427,932Liabilities 2021: $175,423Net Assets 2021: $1,252,5092021Assets 2022: $1,609,864Liabilities 2022: $262,000Net Assets 2022: $1,347,8642022Assets 2023: $2,517,624Liabilities 2023: $891,528Net Assets 2023: $1,626,0962023Assets 2024: $2,722,548Liabilities 2024: $847,889Net Assets 2024: $1,874,6592024

Highlighted filing

2023

Assets$2,517,624
Liabilities$891,528
Net Assets$1,626,096

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2014: $766,764Expenses 2014: $677,760Net Income 2014: $89,0042014Revenue 2015: $876,172Expenses 2015: $737,477Net Income 2015: $138,6952015Revenue 2016: $1,083,865Expenses 2016: $911,345Net Income 2016: $172,5202016Revenue 2017: $1,152,685Expenses 2017: $967,706Net Income 2017: $184,9792017Revenue 2018: $1,154,383Expenses 2018: $1,032,092Net Income 2018: $122,2912018Revenue 2019: $1,283,027Expenses 2019: $1,094,902Net Income 2019: $188,1252019Revenue 2020: $1,087,808Expenses 2020: $1,169,220Net Income 2020: -$81,4122020Revenue 2021: $1,163,659Expenses 2021: $944,850Net Income 2021: $218,8092021Revenue 2022: $1,126,126Expenses 2022: $1,005,820Net Income 2022: $120,3062022Revenue 2023: $1,476,461Expenses 2023: $1,198,229Net Income 2023: $278,2322023Revenue 2024: $1,596,881Expenses 2024: $1,381,798Net Income 2024: $215,0832024

Highlighted filing

2023

Revenue$1,476,461
Expenses$1,198,229
Net Income$278,232
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 17, 2024
Return Version
2022v5.0
Gross Receipts
$1,476,461
Mission and Program Overview

Mission

Education

Operation of a public charter school educating students in grades 1-8.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,550,638$1,985,051▲ $434,413
Accounts Receivable$30,143$189,774▲ $159,631
Land, Buildings, and Equipment, Net$5,400$36,642▲ $31,242
Prepaid Expenses and Deferred Charges$8,436$17,099▲ $8,663
Cash and Non-Interest-Bearing Accounts$15,247$16,658▲ $1,411
Total Assets$1,609,864$2,517,624▲ $907,760
Other Assets Total$0$272,400▲ $272,400
Liabilities
Deferred Revenue$97,181$381,629▲ $284,448
Other Liabilities$0$272,400▲ $272,400
Accounts Payable and Accrued Expenses$164,819$237,499▲ $72,680
Total Liabilities$262,000$891,528▲ $629,528
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,343,297$1,613,833▲ $270,536
Net Assets With Donor Restrictions$4,567$12,263▲ $7,696
Total Net Assets Fund Balance$1,347,864$1,626,096▲ $278,232
Total Liabilities and Net Assets / Fund Balance$1,609,864$2,517,624▲ $907,760

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$36,642-$36,642
Equipment$0$12,853$12,853
Leasehold Improvements$0$11,297$11,297
Other Assets Org$272,400--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly MorganExecutive DirectorFT$69,569$22,222$91,791

Board Members and Trustees

NameTitle
James Jade TippettPresident
Angela DominguezTrustee
Corrina PenaTrustee
Dana VogeleTrustee
Lisa NormanTrustee
Jaimes RiesSecretary
Jenna HoytTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,447,098
Program Service Revenue
$15,791
Investment Income
$12,120
Other Revenue
$1,452
All Other Contributions
$19,435
Change in Net Assets
$278,232

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,476,461
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,476,461
Total Revenue per Form 990
$1,476,461
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$718,409
Other Expenses$479,820
Total Fundraising Expense$5,777
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$439,899$32,761-$472,660
Pension Plan Contributions$69,162$7,906-$77,068
Occupancy$68,796$5,123-$73,919
Current Officers, Directors, Trustees, and Key Employees$61,141$10,790-$71,931
Fees for Services Accounting-$64,758-$64,758
Other Employee Benefits$55,096$8,435-$63,531
Fees for Services Other$27,886$1,025$5,777$34,688
Payroll Taxes$30,170$3,049-$33,219
Insurance$24,663$1,837-$26,500
Conferences and Meetings$17,436$1,299-$18,735
Office Expenses$11,026$828-$11,854
Other Expenses$9,378$2,930-$9,378
Information Technology$3,635$271-$3,906
Fees for Services Legal-$3,377-$3,377
Advertising$949$70-$1,019
Interest$94$7-$101
Total Functional Expenses$1,047,986$144,466$5,777$1,198,229

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,198,229
Total Expenses per Audited Statements$1,198,229
Total Expenses per Form 990$1,198,229
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Operating Lease Liability$272,400
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
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 B, Line 11B

The form 990 is reviewed by the executive director prior to filing.

Form 990, Part VI, Section B, Line 12C

Members of the board annually complete ca from 700 statement of economic interests.

Form 990, Part VI, Section B, Line 15A

The compensation process is overseen and approved by the board.

Form 990, Part VI, Section C, Line 19

Public documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Three Rivers Charter School
EIN
32-0199882
Phone
7079641128
Address
1211 DEL MAR DRIVE STE 301, FORT BRAGG, CA 95437

Signing Officer

Name
Kimberly Morgan
Title
Executive Director
Phone
7079641128
Signed
2024-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Executive Director
Formed
2006
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
19
Volunteers
7

Preparer

Firm
Christy White Associates
Address
348 OLIVE STREET, SAN DIEGO, CA 92103
Preparer
Marcy Kearney
Phone
6192708222
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management believes all of its significant tax positions would be upheld under examination; therefore, no provision for income tax has been recorded.

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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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IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
IRS990/ProgramServiceRevenueGrp/Desc0CHILD CARE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015791
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015791
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01103010
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt011146
IRS990/PYOtherExpensesAmt0373282
IRS990/PYOtherRevenueAmt0570
IRS990/PYProgramServiceRevenueAmt011400
IRS990/PYRevenuesLessExpensesAmt0120306
IRS990/PYSalariesCompEmpBnftPaidAmt0632538
IRS990/PYTotalExpensesAmt01005820
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01126126
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0278232
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt017243
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01550638
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01985051
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012853
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012853
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01198229
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011297
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011297
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0272400
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt036642
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt036642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0272400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01476461
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT BELIEVES ALL OF ITS SIGNIFICANT TAX POSITIONS WOULD BE UPHELD UNDER EXAMINATION; THEREFORE, NO PROVISION FOR INCOME TAX HAS BEEN RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036642
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0272400
IRS990ScheduleD/TotalExpensesPerForm990Amt01198229
IRS990ScheduleD/TotalLiabilityAmt0272400
IRS990ScheduleD/TotalRevenuePerForm990Amt01476461
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01476461
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01198229
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATORY POLICY IS MADE KNOWN THROUGH THE INFORMATION AVAILABLE ON THE SCHOOL'S WEBSITE, WITHIN THE CHARTERING DOCUMENTS, AND OTHER CORRESPONDENCES WITH THE GENERAL PUBLIC.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL WHICH OPERATES TUITION-FREE; THEREFORE, SCHOLARSHIPS AND FINANCIAL ASSISTANCE DO NOT APPLY AND THUS RECORDS FOR SUCH AID ARE NOT MAINTAINED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. AND CALIFORNIA DEPARTMENTS OF EDUCATION AS PART OF ITS OPERATION AS A PUBLIC CHARTER SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE BOARD ANNUALLY COMPLETE CA FROM 700 STATEMENT OF ECONOMIC INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION PROCESS IS OVERSEEN AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PUBLIC DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01609864
IRS990/TotalAssetsEOYAmt02517624
IRS990/TotalAssetsGrp/BOYAmt01609864
IRS990/TotalAssetsGrp/EOYAmt02517624
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01447098
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05777
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0144466
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01047986
IRS990/TotalFunctionalExpensesGrp/TotalAmt01198229
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0262000
IRS990/TotalLiabilitiesEOYAmt0891528
IRS990/TotalLiabilitiesGrp/BOYAmt0262000
IRS990/TotalLiabilitiesGrp/EOYAmt0891528
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01347864
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01626096
IRS990/TotalOtherCompensationAmt022222
IRS990/TotalProgramServiceExpensesAmt01047986
IRS990/TotalProgramServiceRevenueAmt015791
IRS990/TotalReportableCompFromOrgAmt069569
IRS990/TotalRevenueGrp/ExclusionAmt012120
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017243
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01476461
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01609864
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02517624
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01211 DEL MAR DRIVE STE 301
IRS990/USAddress/CityNm0FORT BRAGG
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095437
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0TRCSCHOOL.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

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