Civic Intelligence

Riverside Public Library Foundation

990 • Fiscal year 2018 • EIN 33-0780130

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

PO Box 349Riverside, CA 92502-0349

(951) 784-9552

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

17th percentile

-26%

Faster asset growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-26%

Faster revenue growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$340,258

Down $121,205 (-26%) from 2017

Net Assets

Down

$336,570

Down $50,879 (-13%) from 2017

Liabilities

Down

$3,688

Down $70,326 (-95%) from 2017

Revenue

Down

$115,284

Down $40,104 (-26%) from 2017

Expenses

Down

$136,319

Down $18,182 (-12%) from 2017

Net Income

Down

-$21,035

Down $21,922 (-2471%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $375,529Liabilities 2012: $33,113Net Assets 2012: $342,4162012Assets 2013: $386,528Liabilities 2013: $36,817Net Assets 2013: $349,7112013Assets 2014: $418,335Liabilities 2014: $55,002Net Assets 2014: $363,3332014Assets 2015: $444,080Liabilities 2015: $87,549Net Assets 2015: $356,5312015Assets 2016: $462,231Liabilities 2016: $91,829Net Assets 2016: $370,4022016Assets 2017: $461,463Liabilities 2017: $74,014Net Assets 2017: $387,4492017Assets 2018: $340,258Liabilities 2018: $3,688Net Assets 2018: $336,5702018Assets 2019: $418,157Liabilities 2019: $37,200Net Assets 2019: $380,9572019Assets 2020: $503,647Liabilities 2020: $160,029Net Assets 2020: $343,6182020Assets 2021: $983,312Liabilities 2021: $120,500Net Assets 2021: $862,8122021Assets 2022: $1,141,010Liabilities 2022: $0Net Assets 2022: $1,141,0102022Assets 2023: $1,065,503Liabilities 2023: $282,000Net Assets 2023: $783,5032023Assets 2024: $1,141,513Liabilities 2024: $294,621Net Assets 2024: $846,8922024

Highlighted filing

2018

Assets$340,258
Liabilities$3,688
Net Assets$336,570

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $281,1042012Revenue 2013: $111,465Expenses 2013: $126,437Net Income 2013: -$14,9722013Revenue 2014: $252,022Expenses 2014: $228,550Net Income 2014: $23,4722014Revenue 2015: $225,756Expenses 2015: $173,219Net Income 2015: $52,5372015Revenue 2016: $190,103Expenses 2016: $193,031Net Income 2016: -$2,9282016Revenue 2017: $155,388Expenses 2017: $154,501Net Income 2017: $8872017Revenue 2018: $115,284Expenses 2018: $136,319Net Income 2018: -$21,0352018Revenue 2019: $158,707Expenses 2019: $158,227Net Income 2019: $4802019Revenue 2020: $195,907Expenses 2020: $251,683Net Income 2020: -$55,7762020Revenue 2021: $672,283Expenses 2021: $145,267Net Income 2021: $527,0162021Revenue 2022: $380,015Expenses 2022: $70,065Net Income 2022: $309,9502022Revenue 2023: $146,440Expenses 2023: $501,909Net Income 2023: -$355,4692023Revenue 2024: $393,422Expenses 2024: $330,033Net Income 2024: $63,3892024

Highlighted filing

2018

Revenue$115,284
Expenses$136,319
Net Income-$21,035
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$280,806
Mission and Program Overview

Mission

To raise funds for the benefit of the city of riverside public library for both short-term operations and long-term purposes and to ensure the continued excellence of public library services for riverside, california residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$361,062$303,323▼ $57,739
Cash and Non-Interest-Bearing Accounts$95,590$35,097▼ $60,493
Savings and Temporary Cash Investments$2,171$1,338▼ $833
Pledges and Grants Receivable$2,640$500▼ $2,140
Total Assets$461,463$340,258▼ $121,205
Liabilities
Grants Payable$45,000--
Accounts Payable and Accrued Expenses$29,014$3,688▼ $25,326
Total Liabilities$74,014$3,688▼ $70,326
Net Assets / Fund Balance
Unrestricted Net Assets$387,449$336,570▼ $50,879
Total Net Assets Fund Balance$387,449$336,570▼ $50,879
Total Liabilities and Net Assets / Fund Balance$461,463$340,258▼ $121,205
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$100,375
Program Service Revenue
$0
Investment Income
$14,909
Other Revenue
$0
All Other Contributions
$79,196
Change in Net Assets
$-21,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$104,193
Other Expenses$25,094
Total Fundraising Expense$20,819
Salaries, Compensation, and Employee Benefits$7,032
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$104,193--$104,193
Other Salaries and Wages--$5,920$5,920
Fees for Service Investment Mgmnt Fees-$3,356-$3,356
Office Expenses-$1,915-$1,915
Fees for Services Accounting-$1,657-$1,657
Insurance-$1,622-$1,622
Travel-$1,034-$1,034
Payroll Taxes--$589$589
Other Employee Benefits--$523$523
Advertising--$250$250
Other Expenses-$245$1,496$245
Information Technology-$200-$200
All Other Expenses-$50-$50
Total Functional Expenses$104,193$11,307$20,819$136,319
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Riverside Public LibraryRiverside, CA-Library Self Check Kiosks, Cla Conference Attendance, Medal of Honor Display, Laptops for Laptop Kiosk, Library Innovation Lab, Softward/hardware for Wifi Printing, Wilson Memorial Fund$104,193
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,240
Fundraising Gross Income$2,240
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Library 2020 Fundraiser$23,419$2,240$2,240$0
Total Events$23,419$2,240$2,240$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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Section B, Line 11B

The cfo reviews the form 990 prior to filing. The 990 is available to all voting members for their review at any time. The remainder of the board relies on the cfo to review because of the cfo's understanding of the form.

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

Officers and directors are required to inform the board if there is a conflict of interest. There is no specific monitoring of this procedure.

Form 990, Part VI, Section C, Line 18

SEE SCHEDULE O

Form 990, Part VI, Section C, Line 19

SEE SCHEDULE O

Filing and Contact Details

Filer

Filer Name
Riverside Public Library Foundation
EIN
33-0780130
Phone
9517849552
Address
PO BOX 349, RIVERSIDE, CA 92502-0349

Signing Officer

Name
Julie Hartwigsen
Title
CFO
Phone
9517849552
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Corr
Formed
1997
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
15

Preparer

Firm
Christenson Orejel Associates Llp
Address
5005 LA MART DRIVE SUITE 100A, RIVERSIDE, CA 92507
Preparer
Alicia Orejel
Phone
9517849552
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0130666
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0116742
IRS990/PYInvestmentIncomeAmt024722
IRS990/PYOtherExpensesAmt029455
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0887
IRS990/PYSalariesCompEmpBnftPaidAmt08304
IRS990/PYTotalExpensesAmt0154501
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0155388
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-21035
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02171
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01338
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0102614
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0133192
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0191931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0178325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0232795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0838857
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013352
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt017047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013871
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt015074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt026738
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt086082
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90690
IRS990ScheduleA/PublicSupportPY170Pct00.87090
IRS990ScheduleA/PublicSupportTotal170Amt0838857
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0102614
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0133192
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0191931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0178325
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0232795
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0838857
IRS990ScheduleA/TotalSupportAmt0924939
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt021179
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt021179
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02240
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LIBRARY 2020 FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023419
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023419
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt02240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt02240
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02240
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02240
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0104193
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LIBRARY SELF CHECK KIOSKS, CLA CONFERENCE ATTENDANCE, MEDAL OF HONOR DISPLAY, LAPTOPS FOR LAPTOP KIOSK, LIBRARY INNOVATION LAB, SOFTWARD/HARDWARE FOR WIFI PRINTING, WILSON MEMORIAL FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RIVERSIDE PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0956000769
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03581 MISSION INN AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RIVERSIDE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd092501
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THERE IS NOT A FORMAL MONITORING PROCESS BY THE FOUNDATION ITSELF, BUT THE LIBRARY DIRECTOR SENDS THE ORGANIZATION RESPONSIBLE FOR THE LARGEST GRANT(S) RECEIVED A REPORT SEVERAL TIMES A YEAR, GIVING A STATUS OF THE GRANT MONIES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CFO REVIEWS THE FORM 990 PRIOR TO FILING. THE 990 IS AVAILABLE TO ALL VOTING MEMBERS FOR THEIR REVIEW AT ANY TIME. THE REMAINDER OF THE BOARD RELIES ON THE CFO TO REVIEW BECAUSE OF THE CFO'S UNDERSTANDING OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND DIRECTORS ARE REQUIRED TO INFORM THE BOARD IF THERE IS A CONFLICT OF INTEREST. THERE IS NO SPECIFIC MONITORING OF THIS PROCEDURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SEE SCHEDULE O
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEE SCHEDULE O
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 C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0461463
IRS990/TotalAssetsEOYAmt0340258
IRS990/TotalAssetsGrp/BOYAmt0461463
IRS990/TotalAssetsGrp/EOYAmt0340258
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0100375
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt020819
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011307
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0104193
IRS990/TotalFunctionalExpensesGrp/TotalAmt0136319
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt074014
IRS990/TotalLiabilitiesEOYAmt03688
IRS990/TotalLiabilitiesGrp/BOYAmt074014
IRS990/TotalLiabilitiesGrp/EOYAmt03688
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0387449
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0336570
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0104193
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014909
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0115284
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0461463
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0340258
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01034
IRS990/TravelGrp/TotalAmt01034
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0387449
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0336570
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 349
IRS990/USAddress/CityNm0RIVERSIDE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd0925020349

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