Civic Intelligence

Smartriverside

990 • Fiscal year 2014 • EIN 33-0894236

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 02, 2015

3900 Main St 2nd Floor92522

(951) 826-5109

Siviq Scores

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

Liabilities / Assets

87th percentile

0.38x

Higher debt load relative to assets than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

57th percentile

6.4%

Higher net margin than 57% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

$163,470

No earlier filing loaded for comparison.

Net Assets

$100,841

No earlier filing loaded for comparison.

Liabilities

$62,629

No earlier filing loaded for comparison.

Revenue

$448,363

No earlier filing loaded for comparison.

Expenses

$419,875

No earlier filing loaded for comparison.

Net Income

$28,488

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.

$200K$150K$100K$50K$0Assets 2014: $163,470Liabilities 2014: $62,629Net Assets 2014: $100,8412014Assets 2015: $133,870Liabilities 2015: $6,463Net Assets 2015: $127,4072015Assets 2016: $147,517Liabilities 2016: $3,049Net Assets 2016: $144,4682016Assets 2017: $156,080Liabilities 2017: $45,175Net Assets 2017: $110,9052017Assets 2018: $141,903Liabilities 2018: $64,510Net Assets 2018: $77,3932018Assets 2019: $103,584Liabilities 2019: $0Net Assets 2019: $103,5842019Assets 2020: $131,783Liabilities 2020: $23,585Net Assets 2020: $108,1982020Assets 2021: $68,810Liabilities 2021: $0Net Assets 2021: $68,8102021Assets 2022: $69,242Liabilities 2022: $0Net Assets 2022: $69,2422022Assets 2023: $64,403Liabilities 2023: $0Net Assets 2023: $64,4032023

Highlighted filing

2014

Assets$163,470
Liabilities$62,629
Net Assets$100,841

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $448,363Expenses 2014: $419,875Net Income 2014: $28,4882014Revenue 2015: $209,061Expenses 2015: $182,495Net Income 2015: $26,5662015Revenue 2016: $100,165Expenses 2016: $83,104Net Income 2016: $17,0612016Revenue 2017: $139,266Expenses 2017: $180,741Net Income 2017: -$41,4752017Revenue 2018: $224,918Expenses 2018: $258,430Net Income 2018: -$33,5122018Revenue 2019: $152,800Expenses 2019: $126,609Net Income 2019: $26,1912019Revenue 2020: $201,564Expenses 2020: $196,950Net Income 2020: $4,6142020Revenue 2021: $142,527Expenses 2021: $181,915Net Income 2021: -$39,3882021Revenue 2022: $5,109Expenses 2022: $4,677Net Income 2022: $4322022Revenue 2023: $1,469Expenses 2023: $6,308Net Income 2023: -$4,8392023

Highlighted filing

2014

Revenue$448,363
Expenses$419,875
Net Income$28,488
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 2, 2015
Return Version
2013v4.0
Gross Receipts
$475,502
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$72,426$77,631▲ $5,205
Pledges and Grants Receivable$35,968$73,761▲ $37,793
Prepaid Expenses and Deferred Charges-$12,078-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$108,394$163,470▲ $55,076
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$36,041$62,629▲ $26,588
Total Liabilities$36,041$62,629▲ $26,588
Net Assets / Fund Balance
Temporarily Rstr Net Assets$54,273$100,298▲ $46,025
Unrestricted Net Assets$18,080$543▼ $17,537
Total Net Assets Fund Balance$72,353$100,841▲ $28,488
Total Liabilities and Net Assets / Fund Balance$108,394$163,470▲ $55,076
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rusty BaileyChairman
Amro AlbannaVice President
Anthony DonaldsonDirector
Art TorresDirector
Belinda GrahamDirector
Cindy RothDirector
Darrell StewartDirector
Deanna LorsonDirector
Drew JorgensonDirector
Fred SpeerDirector
Gene ShermanDirector
Gordon BournsDirector
Greg LeeDirector
Guillermo AmayaDirector
James KiddDirector
Jan CunninghamDirector
Jason AndersonDirector
Jason TaylorDirector
Jim SmithDirector
Joe CaldwellDirector
John TavagloioneDirector
Julio FigueroaDirector
Lea PetersenDirector
Mark ChristiansenDirector
Mark HawkinsDirector
Michael PazzaniDirector
Michael SmithDirector
Mike FineDirector
Rajan KasettyDirector
Reza AbbaschianDirector
Ritz ShermanDirector
Ryan DelaneyDirector
Steven ReeseDirector
Lea DeesingExecutive Director
John TillquistSecretary
George HoanzlTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$322,625
Program Service Revenue
$2,931
Investment Income
$230
Other Revenue
$122,577
All Other Contributions
$17,513
Change in Net Assets
$28,488

Audited Revenue Reconciliation

Revenue per Audited Statements
$448,363
Revenue Not Reported on Form 990
$57,006
Total Revenue per Audited Statements
$505,369
Total Revenue per Form 990
$448,363
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$397,875
Grants and Similar Amounts Paid$22,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$22,000--$22,000
Other Expenses$12,663--$12,663
Advertising-$2,625-$2,625
All Other Expenses-$2,387-$2,387
Insurance-$2,221-$2,221
Total Functional Expenses$412,642$7,233$0$419,875

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$476,881
Expenses per Audited Statements$419,875
Total Expenses per Form 990$419,875
Expenses Not Reported on Form 990$57,006
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$149,716
Fundraising Direct Expenses$27,139
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$149,716$149,716$27,139$122,577
Total Events$149,716$149,716$27,139$122,577
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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

Form 990, part vi, line 11b - organization's process to review form 990 the board reviews the 990 and compares the result to the books of account investigating any discrepancies.

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

No documents available to the public.

Filing and Contact Details

Filer

EIN
33-0894236
Phone
9518265109

Signing Officer

Name
Lea Deesing
Title
Executive Director
Signed
2015-02-02
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
CA
Voting Board Members
31
Independent Board Members
31
Employees
0

Preparer

Preparer
Richard A Teaman
Phone
9512749500
Supplemental Narrative

Additional Explanations

ORGANIZATION'S PRIMARY EXEMPT PURPOSE

Form 990- organization's mission or most significant activities establish the city of riverside as the innovation center of the inland empire to attract new high technology businesses, incubate new start up technology companies, create technology jobs through collaboration with local businesses and education institutions, and provide computers and internet access to every citizen.form 990, part vi, line 12c - enforcement of conflicts policy any transaction during the previous fiscal year involving $50,000.00 or more between smartriverside and any of its directors or officers (or the directors of officers of its parent or subsidiary, if any)or any holder of more than ten percent of the voting power of this corporation or this partner or subsidaries, if any and the amount and circumstances of any indemnifications or advances aggregating more than $10,000.00 paid during the fiscal year to any director or officer of this corporation. For each transaction, the report must disclose the names of the interested persons involved in such transaction, stating such person's relationship to this corporation, the nature of such person's interest in the transaction and , where practicable, the value of such interest.except as provided in secion 3 below, the board of directors shall not approve, or permit the corporation to engage in any self-dealing transaction. A self-dealing transaction is a transaction to which this corporation is a party and in which one or more of its directors has a material financial interest,unless the transaction comes within california corporations code section 5233 (b)form 990, part vi, line 19 - governing documents disclosure explanation by-laws are posted on the smartriverside website. Tax returns and financial statements are posted on the guidestar website.

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