Civic Intelligence

Advance Redding

990 • Fiscal year 2018 • EIN 45-3342288

Aug 01, 2017 to Jul 31, 2018 • Filed on Jun 11, 2019

700 Auditorium DriveRedding, CA 96001

(530) 229-0036

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.32x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

64th percentile

0.20x

Higher debt load relative to revenue than 64% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

64th percentile

8.8%

Higher net margin than 64% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

59th percentile

3.6%

Faster asset growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$1,224,759

Flat from 2018

Net Assets

Flat

$835,856

Flat from 2018

Liabilities

Flat

$388,903

Flat from 2018

Revenue

Flat

$1,963,155

Flat from 2018

Expenses

Flat

$1,789,423

Flat from 2018

Net Income

Flat

$173,732

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $382,949Liabilities 2012: $115,763Net Assets 2012: $267,1862012Assets 2013: $573,572Liabilities 2013: $213,375Net Assets 2013: $360,1972013Assets 2014: $640,896Liabilities 2014: $102,009Net Assets 2014: $538,8872014Assets 2015: $758,636Liabilities 2015: $137,802Net Assets 2015: $620,8342015Assets 2016: $663,505Liabilities 2016: $90,882Net Assets 2016: $572,6232016Assets 2017: $1,182,159Liabilities 2017: $520,035Net Assets 2017: $662,1242017Assets 2018: $1,224,759Liabilities 2018: $388,903Net Assets 2018: $835,8562018Assets 2018: $1,224,759Liabilities 2018: $388,903Net Assets 2018: $835,8562018Assets 2019: $1,217,518Liabilities 2019: $541,149Net Assets 2019: $676,3692019Assets 2020: $1,082,931Liabilities 2020: $397,350Net Assets 2020: $685,5812020Assets 2021: $1,835,974Liabilities 2021: $774,028Net Assets 2021: $1,061,9462021Assets 2022: $3,133,364Liabilities 2022: $1,054,193Net Assets 2022: $2,079,1712022Assets 2023: $4,656,009Liabilities 2023: $2,630,538Net Assets 2023: $2,025,4712023Assets 2024: $3,803,835Liabilities 2024: $2,203,369Net Assets 2024: $1,600,4662024

Highlighted filing

2018

Assets$1,224,759
Liabilities$388,903
Net Assets$835,856

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $795,555Expenses 2012: $528,369Net Income 2012: $267,1862012Revenue 2013: $1,379,062Expenses 2013: $1,286,051Net Income 2013: $93,0112013Revenue 2014: $1,483,601Expenses 2014: $1,292,139Net Income 2014: $191,4622014Revenue 2015: $1,578,272Expenses 2015: $1,496,325Net Income 2015: $81,9472015Revenue 2016: $1,469,395Expenses 2016: $1,517,606Net Income 2016: -$48,2112016Revenue 2017: $1,737,744Expenses 2017: $1,648,138Net Income 2017: $89,6062017Revenue 2018: $1,963,155Expenses 2018: $1,789,423Net Income 2018: $173,7322018Revenue 2018: $1,963,155Expenses 2018: $1,789,423Net Income 2018: $173,7322018Revenue 2019: $1,573,038Expenses 2019: $1,730,965Net Income 2019: -$157,9272019Revenue 2020: $1,517,498Expenses 2020: $1,517,226Net Income 2020: $2722020Revenue 2021: $1,642,422Expenses 2021: $1,259,643Net Income 2021: $382,7792021Revenue 2022: $2,703,465Expenses 2022: $1,678,218Net Income 2022: $1,025,2472022Revenue 2023: $1,571,571Expenses 2023: $1,596,791Net Income 2023: -$25,2202023Revenue 2024: $1,429,912Expenses 2024: $1,854,917Net Income 2024: -$425,0052024

Highlighted filing

2018

Revenue$1,963,155
Expenses$1,789,423
Net Income$173,732
Jump To
Filing Snapshot
Filing Period
Aug 1, 2017 to Jul 31, 2018
Signed
Jun 11, 2019
Return Version
2017v2.2
Gross Receipts
$2,118,236
Mission and Program Overview

Mission

To advance economic growth, entertainment opportunities, and cultural activities in the greater redding area through the maintenance, management, and operation of the redding convention center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$653,445$604,517▼ $48,928
Land, Buildings, and Equipment, Net$475,759$549,457▲ $73,698
Accounts Receivable$16,739$29,979▲ $13,240
Intangible Assets$22,845$20,330▼ $2,515
Prepaid Expenses and Deferred Charges$13,371$7,758▼ $5,613
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-
Inventories for Sale or Use-$0-
Total Assets$1,182,159$1,224,759▲ $42,600
Other Assets Total-$12,718-
Liabilities
Deferred Revenue$409,022$239,301▼ $169,721
Accounts Payable and Accrued Expenses$111,013$149,602▲ $38,589
Total Liabilities$520,035$388,903▼ $131,132
Net Assets / Fund Balance
Unrestricted Net Assets$662,124$835,856▲ $173,732
Total Net Assets Fund Balance$662,124$835,856▲ $173,732
Total Liabilities and Net Assets / Fund Balance$1,182,159$1,224,759▲ $42,600

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$405,165$167,240$572,405
Other Land Buildings$70,490$49,854$120,344
Equipment$73,802$42,215$116,017
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kris VallottonChairman
Mimi MoselyDirector
Charlie HarperSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$100,040
Program Service Revenue
$1,738,397
Investment Income
$0
Other Revenue
$124,718
All Other Contributions
$100,040
Change in Net Assets
$173,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,045,405
Other Expenses$744,018
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$724,360$187,028-$911,388
Occupancy$232,111$14,792-$246,903
All Other Expenses$65,059$19,718-$84,777
Payroll Taxes$64,765$15,461-$80,226
Depreciation Depletion$49,083$3,834-$52,917
Other Employee Benefits$40,767$4,837-$45,604
Insurance$32,541$6,562-$39,103
Advertising$30,068$25-$30,093
Other Expenses$10,803$200-$11,003
Travel$9,485--$9,485
Pension Plan Contributions$6,455$1,732-$8,187
Information Technology$3,207$2,636-$5,843
Fees for Services Accounting-$1,550-$1,550
Interest-$184-$184
Total Functional Expenses$1,506,608$282,815$0$1,789,423
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
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

Governing body members receive copy of form 990 draft for review and comment in electronic form prior to filing of informational return.

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

The organization has a conflict of interest policy and request any report of conflicts of intrest on an annual basis and review them as a board

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

Copies of the governing documents, conflict of interest policy, financial statements, and tax returns are available to the public upon request at organization's office at any time

Filing and Contact Details

Filer

Filer Name
Advance Redding
EIN
45-3342288
Phone
5302290036
Address
700 AUDITORIUM DRIVE, REDDING, CA 96001

Signing Officer

Name
Charlie Harper
Title
Secretary
Signed
2019-06-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlie Harper
Formed
2011
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
57

Preparer

Firm
Professional Bookkeeping Services
Address
31 REDEEMERS LOOP, CHICO, CA 95973
Preparer
Jerry Pollard
Phone
7079808730
Raw XML Appendix400 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.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01415393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01396697
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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0572405
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt070490
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt049854
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BODY MEMBERS RECEIVE COPY OF FORM 990 DRAFT FOR REVIEW AND COMMENT IN ELECTRONIC FORM PRIOR TO FILING OF INFORMATIONAL RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY AND REQUEST ANY REPORT OF CONFLICTS OF INTREST ON AN ANNUAL BASIS AND REVIEW THEM AS A BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND TAX RETURNS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT ORGANIZATION'S OFFICE AT ANY TIME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/USAddress/CityNm0REDDING
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd096003
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IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0REDDINGCIVIC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLIE HARPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADVANCE REDDING
ReturnHeader/Filer/BusinessNameControlTxt0ADVA
ReturnHeader/Filer/EIN0453342288
ReturnHeader/Filer/PhoneNum05302290036
ReturnHeader/Filer/USAddress/AddressLine1Txt0700 AUDITORIUM DRIVE
ReturnHeader/Filer/USAddress/CityNm0REDDING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd096001
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PROFESSIONAL BOOKKEEPING SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 REDEEMERS LOOP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095973
ReturnHeader/PreparerPersonGrp/PhoneNum07079808730
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY POLLARD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-06-11T13:10:48-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-08-01
ReturnHeader/TaxPeriodEndDt02018-07-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$2.20$1.60$1.43$1.85$0.43
2023Summary only. Only limited summary data is available for this year.$4.66$2.63$2.03$1.57$1.60$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$1.05$2.08$2.70$1.68$1.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.77$1.06$1.64$1.26$0.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.40$0.69$1.52$1.52$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.54$0.68$1.57$1.73$0.16
2018Detailed filing. Detailed filing data is available for this year.$1.22$0.39$0.84$1.96$1.79$0.17
2018Summary only. Only limited summary data is available for this year.$1.22$0.39$0.84$1.96$1.79$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.52$0.66$1.74$1.65$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.66$0.09$0.57$1.47$1.52$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.14$0.62$1.58$1.50$0.08
2014Summary only. Only limited summary data is available for this year.$0.64$0.10$0.54$1.48$1.29$0.19
2013Summary only. Only limited summary data is available for this year.$0.57$0.21$0.36$1.38$1.29$0.09
2012Summary only. Only limited summary data is available for this year.$0.38$0.12$0.27$0.80$0.53$0.27