Civic Intelligence

River Bend Nature Center Inc.

990 • Fiscal year 2014 • EIN 41-1343804

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 06, 2015

1000 Rustad RoadFaribault, MN 55021

(507) 332-7151

Siviq Scores

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

Liabilities / Assets

47th percentile

0.09x

Higher debt load relative to assets than 47% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.29x

Higher debt load relative to revenue than 68% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

13th percentile

-22%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

56th percentile

$73,350

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

23rd percentile

-4.1%

Faster asset growth than 23% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

20th percentile

-11%

Faster revenue growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,104,679

Down $46,921 (-4.1%) from 2013

Net Assets

Down

$1,006,606

Down $87,978 (-8.0%) from 2013

Liabilities

Up

$98,073

Up $41,057 (+72%) from 2013

Revenue

Down

$341,808

Down $41,924 (-11%) from 2013

Expenses

Up

$415,470

Up $57,762 (+16%) from 2013

Net Income

Down

-$73,662

Down $99,686 (-383%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,163,501Liabilities 2011: $32,597Net Assets 2011: $1,130,9042011Assets 2012: $1,148,310Liabilities 2012: $24,218Net Assets 2012: $1,124,0922012Assets 2013: $1,151,600Liabilities 2013: $57,016Net Assets 2013: $1,094,5842013Assets 2014: $1,104,679Liabilities 2014: $98,073Net Assets 2014: $1,006,6062014Assets 2015: $954,823Liabilities 2015: $63,365Net Assets 2015: $891,4582015Assets 2016: $987,464Liabilities 2016: $78,603Net Assets 2016: $908,8612016Assets 2017: $1,045,996Liabilities 2017: $63,365Net Assets 2017: $982,6312017Assets 2018: $1,033,183Liabilities 2018: $40,512Net Assets 2018: $992,6712018Assets 2019: $1,148,588Liabilities 2019: $59,507Net Assets 2019: $1,089,0812019Assets 2020: $1,376,981Liabilities 2020: $39,276Net Assets 2020: $1,337,7052020Assets 2021: $1,528,904Liabilities 2021: $51,872Net Assets 2021: $1,477,0322021Assets 2022: $1,339,539Liabilities 2022: $44,470Net Assets 2022: $1,295,0692022Assets 2023: $1,717,096Liabilities 2023: $56,834Net Assets 2023: $1,660,2622023Assets 2024: $1,829,263Liabilities 2024: $77,904Net Assets 2024: $1,751,3592024

Highlighted filing

2014

Assets$1,104,679
Liabilities$98,073
Net Assets$1,006,606

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $303,382Expenses 2011: $321,833Net Income 2011: -$18,4512011Revenue 2012: $309,492Expenses 2012: $347,569Net Income 2012: -$38,0772012Revenue 2013: $383,732Expenses 2013: $357,708Net Income 2013: $26,0242013Revenue 2014: $341,808Expenses 2014: $415,470Net Income 2014: -$73,6622014Revenue 2015: $379,401Expenses 2015: $452,065Net Income 2015: -$72,6642015Revenue 2016: $359,526Expenses 2016: $374,218Net Income 2016: -$14,6922016Revenue 2017: $414,480Expenses 2017: $403,811Net Income 2017: $10,6692017Revenue 2018: $426,844Expenses 2018: $349,487Net Income 2018: $77,3572018Revenue 2019: $428,166Expenses 2019: $367,538Net Income 2019: $60,6282019Revenue 2020: $543,236Expenses 2020: $379,627Net Income 2020: $163,6092020Revenue 2021: $489,539Expenses 2021: $359,296Net Income 2021: $130,2432021Revenue 2022: $407,415Expenses 2022: $437,091Net Income 2022: -$29,6762022Revenue 2023: $831,739Expenses 2023: $540,144Net Income 2023: $291,5952023Revenue 2024: $823,772Expenses 2024: $772,897Net Income 2024: $50,8752024

Highlighted filing

2014

Revenue$341,808
Expenses$415,470
Net Income-$73,662
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 6, 2015
Return Version
2014v5.0
Gross Receipts
$1,010,485
Mission and Program Overview

Mission

To help people discover, enjoy, understand and preserve the incredible natural world that surrounds us.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$744,636$733,067▼ $11,569
Land, Buildings, and Equipment, Net$240,203$269,422▲ $29,219
Cash and Non-Interest-Bearing Accounts$125,505$78,177▼ $47,328
Pledges and Grants Receivable$18,679--
Investments Program Related$18,120$18,120→ $0
Inventories for Sale or Use$1,641$3,600▲ $1,959
Prepaid Expenses and Deferred Charges$2,816$2,293▼ $523
Total Assets$1,151,600$1,104,679▼ $46,921
Liabilities
Accounts Payable and Accrued Expenses$16,147$55,256▲ $39,109
Deferred Revenue$36,647$42,817▲ $6,170
Other Liabilities$4,222--
Total Liabilities$57,016$98,073▲ $41,057
Net Assets / Fund Balance
Permanently Rstr Net Assets$812,746$812,746→ $0
Unrestricted Net Assets$221,678$168,612▼ $53,066
Temporarily Rstr Net Assets$60,160$25,248▼ $34,912
Total Net Assets Fund Balance$1,094,584$1,006,606▼ $87,978
Total Liabilities and Net Assets / Fund Balance$1,151,600$1,104,679▼ $46,921

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$48,489$177,557$226,046
Buildings$161,883$53,250$215,133
Land$59,050-$59,050

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$744,636$614▲ $23,240$35,422$733,068
2013$775,321-▲ $68,065$98,750$744,636
2012$755,097-▲ $20,224-$775,321
2011$744,796$1,500▲ $8,801-$755,097
2010$739,887-▲ $4,909-$744,796
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ben Van GundyExecutive DiFT$73,350$73,350

Board Members and Trustees

NameTitle
Gregory CarlsonPresident
Anne Marie LelandDirector
Debra WhiteDirector
Dustin SimpsonDirector
Linda OlsonDirector
Lynette DicksonDirector
Marsha FortneyDirector
Matt CarlanderDirector
Penny HillemannDirector
Rev Eva CavaleriDirector
Steven UnderdahlCity Council
Kurt FisherSecretary
Dave GreenTreasurer
Catherine McbrideVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$189,839
Program Service Revenue
$96,527
Investment Income
$31,510
Other Revenue
$23,932
All Other Contributions
$132,614
Change in Net Assets
$-73,662

Audited Revenue Reconciliation

Revenue per Audited Statements
$367,244
Revenue Not Reported on Financial Statements
$-25,436
Revenue Not Reported on Form 990
$-1,209
Other Revenue Adjustments
$-25,436
Total Revenue per Audited Statements
$366,035
Total Revenue per Form 990
$341,808
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$286,815
Other Expenses$128,655
Total Fundraising Expense$17,208
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,301$41,246$10,311$171,858
Current Officers, Directors, Trustees, and Key Employees$51,345$17,604$4,401$73,350
Office Expenses$27,709$9,738-$37,447
Occupancy$20,714$7,277-$27,991
Other Employee Benefits$15,766$5,405$1,351$22,522
Payroll Taxes$12,884$4,416$1,104$18,404
Depreciation Depletion$14,597$45-$14,642
Insurance$10,158$3,569-$13,727
All Other Expenses$10,392$1,302-$11,694
Other Expenses$3,213--$3,213
Advertising$1,304$457-$1,761
Pension Plan Contributions$477$163$41$681
Travel$314$111-$425
Total Functional Expenses$306,929$91,333$17,208$415,470

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$454,010
Expenses per Audited Statements$440,906
Total Expenses per Form 990$415,470
Expenses Not Reported on Form 990$13,104
Expenses Not Reported on Financial Statements$-25,436
Other Expense Adjustments$-25,436
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$630,127
Gaming Gross Income$624,200
Fundraising Gross Income$41,355
Fundraising Direct Expenses$23,574
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ramble$41,355$41,355$23,574$17,781
Total Events$41,355$41,355$23,574$17,781
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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, Page 6, Part VI, Line 6

River bend nature center is made up of memebers who have a common interest in education of natural history.

Form 990, Page 6, Part VI, Line 11B

After the return is finished, a copy of the return is provided to the board for review at their next board meeting or special meeting. In the event the board is unable to meet, a special committee is established to approve the return of follow up with questions.

Form 990, Page 6, Part VI, Line 12C

River bend nature center has a conflict of interest policy.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
River Bend Nature Center Inc
EIN
41-1343804
Phone
5073327151
Address
1000 RUSTAD ROAD, FARIBAULT, MN 55021

Signing Officer

Name
Ben Van Gundy
Title
Exectutive Director
Phone
5073327151
Signed
2015-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Van Gundy
Formed
1979
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
14
Employees
26
Volunteers
595

Preparer

Firm
Reese Winter & Associates Ltd
Address
112 W 5TH ST, NORTHFIELD, MN 55057-2006
Preparer
Shana Daily CPA
Phone
5076454473
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Costs netted against revenues 25,436 compensated absenses -13,104 costs netted against revenue -25,436

Form 990, Part XI, Line 9

Compensated absences 0 rounding 3

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Costs netted against revenues -25,436

Schedule D, Page 4, Part XII, Line 2D

Compensated absenses 13,104

Schedule D, Page 4, Part XII, Line 4B

Costs netted against revenue -25,436

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IRS990/PYRevenuesLessExpensesAmt026024
IRS990/PYSalariesCompEmpBnftPaidAmt0201346
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IRS990/RegularMonitoringEnfrcInd0true
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt011929
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0162202
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0442168
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IRS990ScheduleA/Total509Grp/TotalAmt02189674
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0464918
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0454752
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0426491
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02272748
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.08$1.75$0.82$0.77$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.72$0.06$1.66$0.83$0.54$0.29
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.04$1.30$0.41$0.44$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.53$0.05$1.48$0.49$0.36$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.38$0.04$1.34$0.54$0.38$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.15$0.06$1.09$0.43$0.37$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.03$0.04$0.99$0.43$0.35$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.05$0.06$0.98$0.41$0.40$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.08$0.91$0.36$0.37$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.95$0.06$0.89$0.38$0.45$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.10$0.10$1.01$0.34$0.42$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.15$0.06$1.09$0.38$0.36$0.03
2012Summary only. Only limited summary data is available for this year.$1.15$0.02$1.12$0.31$0.35$0.04
2011Summary only. Only limited summary data is available for this year.$1.16$0.03$1.13$0.30$0.32$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits