Civic Intelligence

Smartriverside

990 • Fiscal year 2018 • EIN 33-0894236

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 08, 2019

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

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.29x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

30th percentile

-9.1%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

89th percentile

62%

Faster revenue growth than 89% of similar nonprofits.

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

Assets

Down

$141,903

Down $14,177 (-9.1%) from 2017

Net Assets

Down

$77,393

Down $33,512 (-30%) from 2017

Liabilities

Up

$64,510

Up $19,335 (+43%) from 2017

Revenue

Up

$224,918

Up $85,652 (+62%) from 2017

Expenses

Up

$258,430

Up $77,689 (+43%) from 2017

Net Income

Up

-$33,512

Up $7,963 (+19%) from 2017

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

2018

Assets$141,903
Liabilities$64,510
Net Assets$77,393

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

2018

Revenue$224,918
Expenses$258,430
Net Income-$33,512
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 8, 2019
Return Version
2017v2.2
Gross Receipts
$224,918
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$114,510$104,393▼ $10,117
Pledges and Grants Receivable$41,570$37,510▼ $4,060
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$156,080$141,903▼ $14,177
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$45,175$64,510▲ $19,335
Total Liabilities$45,175$64,510▲ $19,335
Net Assets / Fund Balance
Temporarily Rstr Net Assets$98,524$65,179▼ $33,345
Unrestricted Net Assets$12,381$12,214▼ $167
Total Net Assets Fund Balance$110,905$77,393▼ $33,512
Total Liabilities and Net Assets / Fund Balance$156,080$141,903▼ $14,177
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$224,709
Program Service Revenue
$0
Investment Income
$209
Other Revenue
$0
All Other Contributions
$7,370
Change in Net Assets
$-33,512

Audited Revenue Reconciliation

Revenue per Audited Statements
$224,918
Revenue Not Reported on Form 990
$47,381
Total Revenue per Audited Statements
$272,299
Total Revenue per Form 990
$224,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,935
Salaries, Compensation, and Employee Benefits$28,495
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$28,495--$28,495
Travel$11,590--$11,590
Insurance-$6,938-$6,938
All Other Expenses$43$653-$696
Other Expenses$61,101$424-$424
Advertising-$106-$106
Total Functional Expenses$247,744$10,686$0$258,430

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$305,811
Expenses per Audited Statements$258,430
Total Expenses per Form 990$258,430
Expenses Not Reported on Form 990$47,381
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
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
Yes
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
Steve Massa
Title
Executive Director
Signed
2019-01-08
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
CA
Voting Board Members
30
Independent Board Members
30
Employees
1

Preparer

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