Civic Intelligence

Smartriverside

990 • Fiscal year 2015 • EIN 33-0894236

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 02, 2016

3900 Main St 2nd FloorRiverside, CA 92522

(951) 826-5109

Siviq Scores

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

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

21st percentile

-18%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-53%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$133,870

Down $29,600 (-18%) from 2014

Net Assets

Up

$127,407

Up $26,566 (+26%) from 2014

Liabilities

Down

$6,463

Down $56,166 (-90%) from 2014

Revenue

Down

$209,061

Down $239,302 (-53%) from 2014

Expenses

Down

$182,495

Down $237,380 (-57%) from 2014

Net Income

Down

$26,566

Down $1,922 (-6.7%) from 2014

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

2015

Assets$133,870
Liabilities$6,463
Net Assets$127,407

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

2015

Revenue$209,061
Expenses$182,495
Net Income$26,566
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 2, 2016
Return Version
2014v6.0
Gross Receipts
$232,765
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$77,631$117,814▲ $40,183
Prepaid Expenses and Deferred Charges$12,078$9,934▼ $2,144
Pledges and Grants Receivable$73,761$6,122▼ $67,639
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$163,470$133,870▼ $29,600
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$62,629$6,463▼ $56,166
Total Liabilities$62,629$6,463▼ $56,166
Net Assets / Fund Balance
Temporarily Rstr Net Assets$100,298$126,864▲ $26,566
Unrestricted Net Assets$543$543→ $0
Total Net Assets Fund Balance$100,841$127,407▲ $26,566
Total Liabilities and Net Assets / Fund Balance$163,470$133,870▼ $29,600
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rusty BaileyChairman
Amro AlbannaVice President
Steven ReeseVice President
Anthony DonaldsonDirector
Art TorresDirector
Cindy RothDirector
Deanna LorsonDirector
Fred SpeerDirector
Gene ShermanDirector
Gordon BournsDirector
Guillermo AmayaDirector
James KiddDirector
Jan CunninghamDirector
Jason AndersonDirector
Jason TaylorDirector
John TavagloioneDirector
Julio FigueroaDirector
Kevin RandolphDirector
Lea PetersenDirector
Mark HawkinsDirector
Michael PazzaniDirector
Michael SmithDirector
Rajan KasettyDirector
Renee HillDirector
Reza AbbaschianDirector
Ryan DelaneyDirector
Steve MassaDirector
Lea DeesingExecutive Director
John TillquistSecretary
George HoanzlTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$156,580
Program Service Revenue
$0
Investment Income
$312
Other Revenue
$52,169
All Other Contributions
$23,966
Change in Net Assets
$26,566

Audited Revenue Reconciliation

Revenue per Audited Statements
$209,061
Revenue Not Reported on Form 990
$52,899
Total Revenue per Audited Statements
$261,960
Total Revenue per Form 990
$209,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,495
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$4,094--$4,094
All Other Expenses-$2,816-$2,816
Insurance-$2,341-$2,341
Total Functional Expenses$177,338$5,157$0$182,495

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$235,394
Expenses per Audited Statements$182,495
Total Expenses per Form 990$182,495
Expenses Not Reported on Form 990$52,899
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$75,873
Fundraising Direct Expenses$23,704
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$75,873$75,873$23,704$52,169
Total Events$75,873$75,873$23,704$52,169
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

Filer Name
Smartriverside
EIN
33-0894236
Phone
9518265109
Address
3900 MAIN ST 2ND FLOOR, RIVERSIDE, CA 92522

Signing Officer

Name
Lea Deesing
Title
Executive Director
Signed
2016-02-02
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
CA
Voting Board Members
30
Independent Board Members
30
Employees
0

Preparer

Firm
Teaman Ramirez & Smith Inc
Address
4201 Brockton Ave Suite 100, Riverside, CA 92501
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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