Civic Intelligence

Riverside Local Excellence for Education Foundation

990EZ • Fiscal year 2014 • EIN 34-1423851

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 25, 2015

585 Riverside DrivePainesville Township, OH 44077

(440) 352-0668

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.20x

Higher debt load relative to assets than 82% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

2.69x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

91st percentile

46%

Higher net margin than 91% 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

44th percentile

-0.4%

Faster asset growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

36th percentile

-6.9%

Faster revenue growth than 36% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$222,595

Down $934 (-0.4%) from 2013

Net Assets

Up

$178,625

Up $7,515 (+4.4%) from 2013

Liabilities

Down

$43,970

Down $8,449 (-16%) from 2013

Revenue

Down

$16,357

Down $1,207 (-6.9%) from 2013

Expenses

Down

$8,842

Down $7,933 (-47%) from 2013

Net Income

Up

$7,515

Up $6,726 (+852%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $223,529Liabilities 2013: $52,419Net Assets 2013: $171,1102013Assets 2014: $222,595Liabilities 2014: $43,970Net Assets 2014: $178,6252014Assets 2015: $231,953Liabilities 2015: $46,625Net Assets 2015: $185,3282015Assets 2016: $210,869Liabilities 2016: $42,830Net Assets 2016: $168,0392016Assets 2017: $212,408Net Assets 2017: $212,4082017Assets 2018: $225,643Net Assets 2018: $225,6432018Assets 2019: $241,625Net Assets 2019: $241,6252019Assets 2020: $248,059Net Assets 2020: $248,0592020Assets 2021: $229,948Net Assets 2021: $229,9482021Assets 2022: $241,175Net Assets 2022: $241,1752022Assets 2023: $247,913Net Assets 2023: $247,9132023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2014

Assets$222,595
Liabilities$43,970
Net Assets$178,625

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2013: $17,564Expenses 2013: $16,775Net Income 2013: $7892013Revenue 2014: $16,357Expenses 2014: $8,842Net Income 2014: $7,5152014Revenue 2015: $14,215Expenses 2015: $7,512Net Income 2015: $6,7032015Revenue 2016: $5,512Expenses 2016: $22,801Net Income 2016: -$17,2892016Revenue 2017: $10,469Expenses 2017: $8,930Net Income 2017: $1,5392017Revenue 2018: $20,828Expenses 2018: $7,593Net Income 2018: $13,2352018Revenue 2019: $26,546Expenses 2019: $10,564Net Income 2019: $15,9822019Revenue 2020: $21,077Expenses 2020: $14,643Net Income 2020: $6,4342020Revenue 2021: $16,686Expenses 2021: $34,797Net Income 2021: -$18,1112021Revenue 2022: $24,162Expenses 2022: $12,935Net Income 2022: $11,2272022Revenue 2023: $21,738Expenses 2023: $15,000Net Income 2023: $6,7382023Revenue 2024: $5,306Expenses 2024: $189,700Net Income 2024: -$184,3942024

Highlighted filing

2014

Revenue$16,357
Expenses$8,842
Net Income$7,515
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 25, 2015
Return Version
2014v5.0
Gross Receipts
$18,116
Mission and Program Overview

Mission

Educational grants for enhancement of student learning and to provide recent high school graduates with scholarships to further their education based on criteria established by scholarship founders

Educational grants for enhancement of student learning

Program Services

DescriptionGrantsExpenses
Award scholarship funds to scholarship recipients.$5,850$5,850
Provide grants to fund various educational programs in the Riverside Local School District. Grants funded enhance the educational experience and benefit all students in grades K-12 in the district.$1,855$1,855
Allocate income earned to scholarship funds$61$61
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leslie FerusPresidentPT$0--
Jennifer HardenSecretaryPT$0--
David EnzerraTreasurerPT$0--
Pam JohnsonTrusteePT$0--
Chuck SchlickTrusteePT$0--
Michelle WalkerTrusteePT$0--
Belinda Glavic GrassiTrusteePT$0--
Filing and Contact Details

Filer

Filer Name
Riverside Local Excellence for Education Foundation
EIN
34-1423851
Phone
4403520668
Address
585 Riverside Drive, Painesville Township, OH 44077

Signing Officer

Name
Belinda Glavic Grassi
Title
01172015
Signed
2015-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Glavic Grassi CPA Inc
Address
6815 Edinboro Place, Concord Township, OH 44077
Preparer
Belinda G Grassi
Phone
4404871599
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

Activity Scholarships Awarded, Grantee Riverside Local School District 585 Riverside Drive Painesville Township OH 44077, Cash Grant 5,850, Relationship

Form 990-EZ, Part I, Line 16, Other Expenses

Advertising 601

Form 990-EZ, Part I, Line 16, Other Expenses

Membership Fees 125

Form 990-EZ, Part I, Line 16, Other Expenses

Internet Website 300

Form 990-EZ, Part II, Line 26, Liabilities

Grants Awarded Not Yet Paid Beginning of year 9,045, End of year 685

Form 990-EZ, Part II, Line 26, Liabilities

Scholarship Funds Beginning of year 43,374, End of year 43,285

Raw XML Appendix177 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Concord Township
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044077
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0223529
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Leslie Ferus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jennifer Harden
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2David Enzerra
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Pam Johnson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Chuck Schlick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Michelle Walker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Belinda Glavic Grassi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01026
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educational grants for enhancement of student learning
IRS990EZ/PrintingPublicationsPostageAmt050
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Award scholarship funds to scholarship recipients.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Allocate income earned to scholarship funds
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01855
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt15850
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt261
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01855
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt261
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt06758
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt043970
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http//www.rleef.org
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IRS990ScheduleA/PublicSupportCY170Pct00.45640
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IRS990ScheduleA/TotalSupportAmt095011
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Scholarships Awarded, Grantee Riverside Local School District 585 Riverside Drive Painesville Township OH 44077, Cash Grant 5,850, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising 601
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Membership Fees 125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Internet Website 300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Grants Awarded Not Yet Paid Beginning of year 9,045, End of year 685
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Scholarship Funds Beginning of year 43,374, End of year 43,285
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Belinda Glavic Grassi
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt001172015
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Riverside Local Excellence for Education Foundation
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0341423851
ReturnHeader/Filer/PhoneNum04403520668
ReturnHeader/Filer/USAddress/AddressLine1Txt0585 Riverside Drive
ReturnHeader/Filer/USAddress/CityNm0Painesville Township
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044077
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Glavic Grassi CPA Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06815 Edinboro Place
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Concord Township
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044077
ReturnHeader/PreparerPersonGrp/PhoneNum04404871599
ReturnHeader/PreparerPersonGrp/PreparationDt02015-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Belinda G Grassi
ReturnHeader/ReturnTs02015-02-25T04:53:14-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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