Civic Intelligence

Red River Valley Athletics Inc.

990 • Fiscal year 2017 • EIN 45-0404372

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 12, 2018

1602 32nd Ave SGrand Forks, ND 58201

(701) 746-2797

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.09x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.07x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

25th percentile

-6.2%

Higher net margin than 25% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

64th percentile

$48,000

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

28th percentile

-3.3%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$578,612

Down $19,663 (-3.3%) from 2016

Net Assets

Down

$523,718

Down $46,446 (-8.1%) from 2016

Liabilities

Up

$54,894

Up $26,783 (+95%) from 2016

Revenue

Up

$749,507

Up $146,313 (+24%) from 2016

Expenses

Up

$795,953

Up $4,671 (+0.6%) from 2016

Net Income

Up

-$46,446

Up $141,642 (+75%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $185,957Liabilities 2011: $1,607Net Assets 2011: $184,3502011Assets 2012: $216,770Liabilities 2012: $576Net Assets 2012: $216,1942012Assets 2013: $708,143Liabilities 2013: $16,076Net Assets 2013: $692,0672013Assets 2014: $783,964Liabilities 2014: $42,710Net Assets 2014: $741,2542014Assets 2015: $786,876Liabilities 2015: $28,624Net Assets 2015: $758,2522015Assets 2016: $598,275Liabilities 2016: $28,111Net Assets 2016: $570,1642016Assets 2017: $578,612Liabilities 2017: $54,894Net Assets 2017: $523,7182017Assets 2019: $511,741Liabilities 2019: $14,763Net Assets 2019: $496,9782019Assets 2020: $762,188Liabilities 2020: $304,915Net Assets 2020: $457,2732020Assets 2021: $682,283Liabilities 2021: $90,161Net Assets 2021: $592,1222021Assets 2022: $824,608Liabilities 2022: $528Net Assets 2022: $824,0802022Assets 2023: $892,386Liabilities 2023: $1,572Net Assets 2023: $890,8142023Assets 2024: $972,969Liabilities 2024: $2,557Net Assets 2024: $970,4122024Assets 2025: $1,105,427Liabilities 2025: $1,901Net Assets 2025: $1,103,5262025

Highlighted filing

2017

Assets$578,612
Liabilities$54,894
Net Assets$523,718

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $387,4062011Expenses 2012: $382,8822012Revenue 2013: $1,032,585Expenses 2013: $556,712Net Income 2013: $475,8732013Revenue 2014: $622,203Expenses 2014: $573,016Net Income 2014: $49,1872014Revenue 2015: $631,064Expenses 2015: $614,066Net Income 2015: $16,9982015Revenue 2016: $603,194Expenses 2016: $791,282Net Income 2016: -$188,0882016Revenue 2017: $749,507Expenses 2017: $795,953Net Income 2017: -$46,4462017Revenue 2019: $777,714Expenses 2019: $766,301Net Income 2019: $11,4132019Revenue 2020: $587,516Expenses 2020: $627,080Net Income 2020: -$39,5642020Revenue 2021: $794,473Expenses 2021: $659,624Net Income 2021: $134,8492021Revenue 2022: $968,250Expenses 2022: $736,293Net Income 2022: $231,9572022Revenue 2023: $856,144Expenses 2023: $790,384Net Income 2023: $65,7602023Revenue 2024: $960,673Expenses 2024: $881,075Net Income 2024: $79,5982024Revenue 2025: $1,057,465Expenses 2025: $928,411Net Income 2025: $129,0542025

Highlighted filing

2017

Revenue$749,507
Expenses$795,953
Net Income-$46,446
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 12, 2018
Return Version
2016v3.0
Gross Receipts
$791,397
Mission and Program Overview

Mission

Provide gymnastics programs for youth from preschool to competition level

Provide gymnastic programs for youth from preschool to competition level

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$563,591$533,566▼ $30,025
Rtn Earn Endowment Incm Other Fnds$570,164$523,718▼ $46,446
Savings and Temporary Cash Investments$20,082$20,082→ $0
Cash and Non-Interest-Bearing Accounts$9,616$18,283▲ $8,667
Inventories for Sale or Use$4,986$4,986→ $0
Accounts Receivable-$1,695-
Total Assets$598,275$578,612▼ $19,663
Liabilities
Accounts Payable and Accrued Expenses$14,620$37,961▲ $23,341
Unsecured Notes Loans Payable$13,491$16,933▲ $3,442
Total Liabilities$28,111$54,894▲ $26,783
Net Assets / Fund Balance
Total Net Assets Fund Balance$570,164$523,718▼ $46,446
Total Liabilities and Net Assets / Fund Balance$598,275$578,612▼ $19,663

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$485,776$85,231$571,007
Equipment$47,790$151,094$198,884
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Autumn BarfieldExecutive DirectorFT$48,000$48,000

Board Members and Trustees

NameTitle
Laura IdsoPresident
Tana Setness-hoefsVice President
Danna JonesDirector
Greg LitzDirector
Peter MebergDirector
Phillip BrandtDirector
Kellie EbertowskiSecretary
Greg LitzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,130
Program Service Revenue
$689,959
Investment Income
$0
Other Revenue
$48,418
All Other Contributions
$11,130
Change in Net Assets
$-46,446
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$476,920
Other Expenses$319,033
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$369,031$0$0$369,031
All Other Expenses$126,126$5,856$0$131,982
Current Officers, Directors, Trustees, and Key Employees$40,800$7,200$0$48,000
Payroll Taxes$33,148$582$0$33,730
Occupancy$33,286$0$0$33,286
Depreciation Depletion$30,025$0$0$30,025
Other Employee Benefits$26,159$0$0$26,159
Insurance$16,260$8,009$0$24,269
Fees for Services Accounting$0$21,677$0$21,677
Office Expenses$7,118$14,452$0$21,570
Travel$21,301$0$0$21,301
Advertising$9,160$0$0$9,160
Interest$628$0$0$628
Other Expenses$0$200$0$200
Total Functional Expenses$733,444$62,509$0$795,953
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$72,795
Fundraising Direct Expenses$35,854
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pizza Corner Fundraiser$44,498$44,498$31,099$13,399
Raffle$19,755$19,755-$19,755
Total Events$70,227$70,227$34,519$35,708
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
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Red River Valley Gymnastics Inc
EIN
45-0404372
Phone
7017462797
Address
1602 32ND AVE S, GRAND FORKS, ND 58201

Signing Officer

Name
Karissa Grube
Title
Current Year Treasurer
Phone
7017462797
Signed
2018-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karissa Grube
Formed
1992
Legal Domicile
Nd
Voting Board Members
7
Independent Board Members
7
Employees
28
Volunteers
100

Preparer

Firm
Overmoe & Nelson Ltd
Address
200 1ST AVE N STE 30, GRAND FORKS, ND 58203
Preparer
Sandra Borhart CPA
Phone
7017460437
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

There is no committee with authority to act on behalf of the governing body

Pt VI, Line 11B

The treasurer reviews the 990.

Pt VI, Line 15A

The board of directors reviews and approves any annual increases using comparative data.

Pt VI, Line 15B

The board of directors reviews and approves any annual increases using comparative data.

Pt VI, Line 19

UPON REQUEST

Form 990, Part IX, Line 24E

Choreography 276. 276. 0. 0.

Form 990, Part IX, Line 24E

Competitive clothing 32348. 32348. 0. 0.

Form 990, Part IX, Line 24E

Program & gym supplies 11391. 11391. 0. 0.

Form 990, Part IX, Line 24E

Judging expenses 7635. 7635. 0. 0.

Form 990, Part IX, Line 24E

Meets expenses 38987. 38987. 0. 0.

Form 990, Part IX, Line 24E

Memberships 5006. 5006. 0. 0.

Form 990, Part IX, Line 24E

Miscellaneous 14984. 9989. 4995. 0.

Form 990, Part IX, Line 24E

Repairs and maintenance 14213. 14213. 0. 0.

Form 990, Part IX, Line 24E

Staff apparel 5585. 5585. 0. 0.

Form 990, Part IX, Line 24E

Staff appreciation 861. 0. 861. 0.

Form 990, Part IX, Line 24E

TRAINING 696. 696. 0. 0.

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IRS990/ReconcilationRevenueExpnssAmt0-46446
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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0749507
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0570164
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0523718
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020082
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020082
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt011130
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016504
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt036450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt033308
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt026705
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0135
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04182
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0707472
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0577855
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0625710
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0627140
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt072795
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt057489
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt052731
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt085231
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0151094
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RAFFLE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0PIZZA CORNER FUNDRAISER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER REVIEWS THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS AND APPROVES ANY ANNUAL INCREASES USING COMPARATIVE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS AND APPROVES ANY ANNUAL INCREASES USING COMPARATIVE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHOREOGRAPHY 276. 276. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPETITIVE CLOTHING 32348. 32348. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROGRAM & GYM SUPPLIES 11391. 11391. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8JUDGING EXPENSES 7635. 7635. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEETS EXPENSES 38987. 38987. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEMBERSHIPS 5006. 5006. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MISCELLANEOUS 14984. 9989. 4995. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12REPAIRS AND MAINTENANCE 14213. 14213. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13STAFF APPAREL 5585. 5585. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14STAFF APPRECIATION 861. 0. 861. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15TRAINING 696. 696. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.10$1.06$0.93$0.13
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.96$0.88$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.86$0.79$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.97$0.74$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.68$0.09$0.59$0.79$0.66$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.76$0.30$0.46$0.59$0.63$0.04
2019Summary only. Only limited summary data is available for this year.$0.51$0.01$0.50$0.78$0.77$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.05$0.52$0.75$0.80$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.60$0.03$0.57$0.60$0.79$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.03$0.76$0.63$0.61$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.04$0.74$0.62$0.57$0.05
2013Summary only. Only limited summary data is available for this year.$0.71$0.02$0.69$1.03$0.56$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.18$0.39