Civic Intelligence

Riverside County Office of Education Foundation

990 • Fiscal year 2016 • EIN 37-1704913

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

3939 Thirteenth StreetRiverside, CA 92502

(951) 826-6790

Siviq Scores

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

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

0.10x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

92nd percentile

109%

Faster asset growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

82%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$164,783

Up $85,917 (+109%) from 2015

Net Assets

Up

$152,519

Up $87,426 (+134%) from 2015

Liabilities

Down

$12,264

Down $1,509 (-11%) from 2015

Revenue

Up

$118,095

Up $53,075 (+82%) from 2015

Expenses

Up

$30,669

Up $25,272 (+468%) from 2015

Net Income

Up

$87,426

Up $27,803 (+47%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $5,470Liabilities 2014: $0Net Assets 2014: $5,4702014Assets 2015: $78,866Liabilities 2015: $13,773Net Assets 2015: $65,0932015Assets 2016: $164,783Liabilities 2016: $12,264Net Assets 2016: $152,5192016Assets 2017: $152,360Liabilities 2017: $795Net Assets 2017: $151,5652017Assets 2018: $154,486Liabilities 2018: $0Net Assets 2018: $154,4862018Assets 2019: $191,706Liabilities 2019: $663Net Assets 2019: $191,0432019Assets 2020: $302,686Liabilities 2020: $12,500Net Assets 2020: $290,1862020Assets 2021: $343,683Liabilities 2021: $219Net Assets 2021: $343,4642021Assets 2022: $445,742Liabilities 2022: $10,026Net Assets 2022: $435,7162022Assets 2023: $657,235Liabilities 2023: $0Net Assets 2023: $657,2352023Assets 2024: $598,845Liabilities 2024: $260,762Net Assets 2024: $338,0832024

Highlighted filing

2016

Assets$164,783
Liabilities$12,264
Net Assets$152,519

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $15,000Expenses 2014: $9,530Net Income 2014: $5,4702014Revenue 2015: $65,020Expenses 2015: $5,397Net Income 2015: $59,6232015Revenue 2016: $118,095Expenses 2016: $30,669Net Income 2016: $87,4262016Revenue 2017: $131,658Expenses 2017: $132,612Net Income 2017: -$9542017Revenue 2018: $111,711Expenses 2018: $108,790Net Income 2018: $2,9212018Revenue 2019: $157,614Expenses 2019: $121,057Net Income 2019: $36,5572019Revenue 2020: $211,345Expenses 2020: $112,202Net Income 2020: $99,1432020Revenue 2021: $10,179,019Expenses 2021: $10,125,741Net Income 2021: $53,2782021Revenue 2022: $299,579Expenses 2022: $207,327Net Income 2022: $92,2522022Revenue 2023: $399,509Expenses 2023: $177,990Net Income 2023: $221,5192023Revenue 2024: $324,521Expenses 2024: $643,673Net Income 2024: -$319,1522024

Highlighted filing

2016

Revenue$118,095
Expenses$30,669
Net Income$87,426
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$135,835
Mission and Program Overview

Mission

To promote, raise funds for the benefit of, motivate and encourage students and provide and enhance opportunities for students participating in the educational, leadershp, children and family services, student programs and services, and other programs of the riverside county superintendent of schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$67,965$164,033▲ $96,068
Accounts Receivable$10,901$750▼ $10,151
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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$78,866$164,783▲ $85,917
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$13,773$12,264▼ $1,509
Total Liabilities$13,773$12,264▼ $1,509
Net Assets / Fund Balance
Unrestricted Net Assets$65,093$152,519▲ $87,426
Total Net Assets Fund Balance$65,093$152,519▲ $87,426
Total Liabilities and Net Assets / Fund Balance$78,866$164,783▲ $85,917
Compensation and Service Providers

Board Members and Trustees

NameTitle
Diana KotDirector
Jack ClarkeDirector
Kenneth M YoungDirector
Mark HawkinsDirector
Ron MillerDirector
Teresa HydenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$85,556
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$32,539
All Other Contributions
$85,556
Change in Net Assets
$87,426

Audited Revenue Reconciliation

Revenue per Audited Statements
$118,095
Revenue Not Reported on Form 990
$17,740
Total Revenue per Audited Statements
$135,835
Total Revenue per Form 990
$118,095
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,148
Other Expenses$6,521
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$24,148--$24,148
Fees for Services Accounting-$700-$700
Advertising-$549-$549
Other Expenses$3,828$25-$25
Total Functional Expenses$27,976$2,693$0$30,669

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$48,409
Expenses per Audited Statements$30,669
Total Expenses per Form 990$30,669
Expenses Not Reported on Form 990$17,740
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$50,279
Fundraising Direct Expenses$17,740
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$38,190$38,190$6,291$31,899
5k Fun Run$12,089$12,089$2,859$9,230
Total Events$50,279$50,279$17,740$32,539
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 2: Description of Business or Family Relationship of Officers, Directors, Et

The superintendent of riverside county office of educaton and another member from the riverside county office of education are ex-officio members of the board.

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is drafted and reviewed and approved by a designated member of the board prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflicts of interest are monitored by the board and care is taken to exclude members from decision making if it will result potential self serving transactions.

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

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Riverside County Office of
EIN
37-1704913
Phone
9518266790
Address
3939 THIRTEENTH STREET, RIVERSIDE, CA 92502

Signing Officer

Name
Theresa Hyden
Title
Director
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Nigro & Nigro Pc
Address
25220 Hancock Ave Ste 400, MURRIETA, CA 92562-9739
Preparer
Elizabeth Nigro CPA
Phone
9516988783
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fundraising exp offsets revenue $17740

Part XII, Line 2D: Other expenses and losses per audited F/S

Fundraising exp offsets revenue $17740

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IRS990ScheduleA/OtherIncome170Grp/TotalAmt016963
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0216311
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0128181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt073130
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt015000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0216311
IRS990ScheduleA/TotalSupportAmt0233274
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt017740
IRS990ScheduleD/ExpensesSubtotalAmt030669
IRS990ScheduleD/OtherExpensesIncludedAmt017740
IRS990ScheduleD/OtherRevenueAmt017740
IRS990ScheduleD/RevenueNotReportedAmt017740
IRS990ScheduleD/RevenueSubtotalAmt0118095
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXP OFFSETS REVENUE $17740
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXP OFFSETS REVENUE $17740
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalExpensesPerForm990Amt030669
IRS990ScheduleD/TotalRevenuePerForm990Amt0118095
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0135835
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt048409
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017740
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm05K FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt038190
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012089
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt050279
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt038190
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012089
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt050279
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt032539
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0335
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt02697
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt03032
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09150
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06291
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02859
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt05558
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt05558
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt024148
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt014
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE AWARDED BASED ON CRITERIA SET BY THE BOARD. AWARDS ARE PROVIDED FOR HIGHER LEARNING AND SUPPORT IS MAINTAINED TO ENSURE FUNDS ARE SPENT APPROPRIATELY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SUPERINTENDENT OF RIVERSIDE COUNTY OFFICE OF EDUCATON AND ANOTHER MEMBER FROM THE RIVERSIDE COUNTY OFFICE OF EDUCATION ARE EX-OFFICIO MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS DRAFTED AND REVIEWED AND APPROVED BY A DESIGNATED MEMBER OF THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS OF INTEREST ARE MONITORED BY THE BOARD AND CARE IS TAKEN TO EXCLUDE MEMBERS FROM DECISION MAKING IF IT WILL RESULT POTENTIAL SELF SERVING TRANSACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt078866
IRS990/TotalAssetsEOYAmt0164783
IRS990/TotalAssetsGrp/BOYAmt078866
IRS990/TotalAssetsGrp/EOYAmt0164783
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt085556
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02693
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt027976
IRS990/TotalFunctionalExpensesGrp/TotalAmt030669
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013773
IRS990/TotalLiabilitiesEOYAmt012264
IRS990/TotalLiabilitiesGrp/BOYAmt013773
IRS990/TotalLiabilitiesGrp/EOYAmt012264
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt065093
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0152519
IRS990/TotalProgramServiceExpensesAmt027976
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt032539
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0118095
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt078866
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0164783
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt065093
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0152519
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.RCOE.US
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THERESA HYDEN

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