Civic Intelligence

Smartriverside

990EZ • Fiscal year 2017 • EIN 33-0894236

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 07, 2017

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

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

0.32x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

12th percentile

-30%

Higher net margin than 12% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

56th percentile

5.8%

Faster asset growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

83rd percentile

39%

Faster revenue growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$156,080

Up $8,563 (+5.8%) from 2016

Net Assets

Down

$110,905

Down $33,563 (-23%) from 2016

Liabilities

Up

$45,175

Up $42,126 (+1382%) from 2016

Revenue

Up

$139,266

Up $39,101 (+39%) from 2016

Expenses

Up

$180,741

Up $97,637 (+117%) from 2016

Net Income

Down

-$41,475

Down $58,536 (-343%) from 2016

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

2017

Assets$156,080
Liabilities$45,175
Net Assets$110,905

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

2017

Revenue$139,266
Expenses$180,741
Net Income-$41,475
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$139,266
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
INCREASE TECHNOLOGY LITERACY OF RIVERSIDE BY PROVIDING FOR COMPUTER EQUIPMENT AND LOW-COST TRAINING UNDER THE DIGITAL INCLUSION PROGRAM.$167,175-
ATTRACT AND RETAIN HIGH TECHNOLOGY COMPANIES TO THE CITY OF RIVERSIDE BY PROVING GRANTS FOR TENANT IMPROVEMENTS TO ENCOURAGE BUILDING OF LAB SPACE AND OTHER AMENITIES NEEDED FOR THE THRIVING OF LOCAL TECHNOLOGY RESEARCH AND DEVELOPMENT.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUSTY BAILEYChairman-$0--
GEORGE HOANZLTreasurerPT$0--
LEA DEESINGExecutive DirectorPT$0--
KATHLEEN KENNEDYDirector-$0--
GENE SHERMANDirector-$0--
GORDON BOURNSDirector-$0--
ANTHONY DONALDSONDirector-$0--
CINDY ROTHDirector-$0--
GREG LEEDirector-$0--
MICHAEL SUMICHDirector-$0--
KEVIN RANDOLPHDirector-$0--
STEVE MASSADirector-$0--
TONY MCINTOSHDirector-$0--
RICHARD KEELERDirector-$0--
STEVE RENEKERDirector-$0--
LEONARD PIMENTELDirector-$0--
RENEE HILLDirector-$0--
MARIE SMITHDirector-$0--
MICHAEL PAZZANIDirector-$0--
LEA PETERSENDirector-$0--
REZA ABBASCHIANDirector-$0--
MARK MITCHELLDirector-$0--
STEVEN REESESecretary-$0--
JASON TAYLORDirector-$0--
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
2017-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Teaman Ramirez & Smith Inc
Address
4201 Brockton Ave Suite 100, Riverside, CA 92501
Preparer
Joshua Calhoun
Phone
9512749500
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $117

Other Expenses.1005

Travel $1923

Other Expenses.1012

Insurance $4261

Other Expenses.1

Professional services $80594

Other Expenses.2

PROGRAM EXPENSES $54441

Other Expenses.3

MISCELLANEOUS $4467

Other Expenses.4

Taxes, licenses & fees $3594

Other Expenses.5

OCCUPANCY $1762

Other Expenses.6

TELEPHONE $573

Other Expenses.7

OFFICE EXPENSES $265

Other Expenses.8

MEMBERSHIP DUES $220

Other Expenses.9

Employee TRAINING $70

Other Expenses.10

BANK CHARGES $69

Other Assets.1006

Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $41570

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $3049 Accounts Payable and Accrued Expenses - Ending $45175

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.

Raw XML Appendix278 raw XML fields

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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ATTRACT AND RETAIN HIGH TECHNOLOGY COMPANIES TO THE CITY OF RIVERSIDE BY PROVING GRANTS FOR TENANT IMPROVEMENTS TO ENCOURAGE BUILDING OF LAB SPACE AND OTHER AMENITIES NEEDED FOR THE THRIVING OF LOCAL TECHNOLOGY RESEARCH AND DEVELOPMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROFESSIONAL SERVICES $80594
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISCELLANEOUS $4467
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEMBERSHIP DUES $220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Employee TRAINING $70
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BANK CHARGES $69
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $41570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Accounts Payable and Accrued Expenses - Beginning $3049 Accounts Payable and Accrued Expenses - Ending $45175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Assets.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15ORGANIZATION'S PRIMARY EXEMPT PURPOSE
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEA DEESING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SMARTRIVERSIDE
ReturnHeader/Filer/BusinessNameControlTxt0SMAR
ReturnHeader/Filer/EIN0330894236
ReturnHeader/Filer/PhoneNum09518265109
ReturnHeader/Filer/USAddress/AddressLine1Txt03900 MAIN ST 2ND FLOOR
ReturnHeader/Filer/USAddress/CityNm0RIVERSIDE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092522
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Teaman Ramirez & Smith Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04201 Brockton Ave Suite 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Riverside
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092501
ReturnHeader/PreparerPersonGrp/PhoneNum09512749500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joshua Calhoun
ReturnHeader/ReturnTs02017-11-07T08:35:56-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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