Civic Intelligence

Reality Improv Connection Inc.

990 • Fiscal year 2021 • EIN 46-2550544

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 30, 2021

9707 Chamberlain StreetVentura, CA 93004

(805) 647-4622

Siviq Scores

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

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.02x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

55th percentile

12%

Higher net margin than 55% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$78,600

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

72nd percentile

30%

Faster asset growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

65th percentile

25%

Faster revenue growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$127,655

Up $29,321 (+30%) from 2020

Net Assets

Up

$120,217

Up $49,069 (+69%) from 2020

Liabilities

Down

$7,438

Down $19,748 (-73%) from 2020

Revenue

Up

$411,136

Up $82,633 (+25%) from 2020

Expenses

Up

$362,067

Up $65,009 (+22%) from 2020

Net Income

Up

$49,069

Up $17,624 (+56%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $26,639Liabilities 2014: $02014Assets 2015: $5,921Liabilities 2015: $02015Assets 2016: $5,175Liabilities 2016: $02016Assets 2017: $8,679Liabilities 2017: $0Net Assets 2017: $8,6792017Assets 2018: $25,070Liabilities 2018: $17,327Net Assets 2018: $7,7432018Assets 2019: $79,859Liabilities 2019: $40,156Net Assets 2019: $39,7032019Assets 2020: $98,334Liabilities 2020: $27,186Net Assets 2020: $71,1482020Assets 2021: $127,655Liabilities 2021: $7,438Net Assets 2021: $120,2172021Assets 2022: $199,330Liabilities 2022: $13,935Net Assets 2022: $185,3952022Assets 2023: $281,173Liabilities 2023: $56,723Net Assets 2023: $224,4502023Assets 2024: $330,149Liabilities 2024: $6,976Net Assets 2024: $323,1732024Assets 2025: $445,017Liabilities 2025: $123,258Net Assets 2025: $321,7592025

Highlighted filing

2021

Assets$127,655
Liabilities$7,438
Net Assets$120,217

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $192,742Expenses 2014: $166,103Net Income 2014: $26,6392014Revenue 2015: $179,659Expenses 2015: $173,738Net Income 2015: $5,9212015Revenue 2016: $159,389Expenses 2016: $154,214Net Income 2016: $5,1752016Revenue 2017: $198,248Expenses 2017: $194,744Net Income 2017: $3,5042017Revenue 2018: $192,409Expenses 2018: $193,345Net Income 2018: -$9362018Revenue 2019: $249,375Expenses 2019: $238,208Net Income 2019: $11,1672019Revenue 2020: $328,503Expenses 2020: $297,058Net Income 2020: $31,4452020Revenue 2021: $411,136Expenses 2021: $362,067Net Income 2021: $49,0692021Revenue 2022: $548,871Expenses 2022: $482,078Net Income 2022: $66,7932022Revenue 2023: $877,427Expenses 2023: $838,372Net Income 2023: $39,0552023Revenue 2024: $1,041,429Expenses 2024: $922,706Net Income 2024: $118,7232024Revenue 2025: $717,231Expenses 2025: $718,681Net Income 2025: -$1,4502025

Highlighted filing

2021

Revenue$411,136
Expenses$362,067
Net Income$49,069
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 30, 2021
Return Version
2020v4.0
Gross Receipts
$411,136
Mission and Program Overview

Mission

The mission of reality improv connection, inc. Is to promote health and well-being through the arts and through youth development

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$74,839$64,767▼ $10,072
Cash and Non-Interest-Bearing Accounts$23,495$62,888▲ $39,393
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$98,334$127,655▲ $29,321
Other Assets Total-$0-
Liabilities
Other Liabilities$27,186$7,438▼ $19,748
Total Liabilities$27,186$7,438▼ $19,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$71,148$120,217▲ $49,069
Total Net Assets Fund Balance$71,148$120,217▲ $49,069
Total Liabilities and Net Assets / Fund Balance$98,334$127,655▲ $29,321
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Katherine KasmirExecutive DirectorFT$78,600$78,600

Board Members and Trustees

NameTitle
Andreea PetruseVice President
Koda GarciaDirector
Jeffry WillerthSecretary
Kimberly DallapeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$406,136
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,000
Change in Net Assets
$49,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$259,906
Other Expenses$102,161
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$160,360--$160,360
Current Officers, Directors, Trustees, and Key Employees$78,600--$78,600
All Other Expenses$23,003--$23,003
Payroll Taxes$20,946--$20,946
Fees for Services Other$20,486--$20,486
Office Expenses$16,087--$16,087
Other Expenses$6,045--$6,045
Fees for Services Legal$1,010--$1,010
Travel$263--$263
Advertising$90--$90
Total Functional Expenses$362,067$0$0$362,067
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$7,438
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
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

No review was or will be conducted.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Reality Improv Connection Inc
EIN
46-2550544
Phone
8056474622
Address
9707 CHAMBERLAIN STREET, VENTURA, CA 93004

Signing Officer

Name
Katherine Kasmir
Title
President
Signed
2021-12-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine Kasmir
Formed
2013
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
13
Volunteers
20

Preparer

Firm
Grossman & Grossman Accountancy Corp
Address
20631 Ventura Blvd Suite 203, Woodland Hills, CA 91364
Preparer
Gonzalo A Vasquez
Phone
8183404511
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4 Program Service Accomplishments

1. Execution of the reality improv drug and alcohol prevention program through a contract with the ventura county behavioral health department alcohol and drug prevention services. This project includes educational prevention workshops, youth advocacy training, social change theatre projects, parent presentations and various other educational and prevention resources.2. Creation and implementation of youth engagement and tobacco awareness program under contracts with ventura county office of education and other school districts.3. Providing resources to school districts, schools, community organizations and parents to support both physical and mental health of youth and young adults ages 12-25, to include information dissemination, online resources and interactive community events.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21. EXECUTION OF THE REALITY IMPROV DRUG AND ALCOHOL PREVENTION PROGRAM THROUGH A CONTRACT WITH THE VENTURA COUNTY BEHAVIORAL HEALTH DEPARTMENT ALCOHOL AND DRUG PREVENTION SERVICES. THIS PROJECT INCLUDES EDUCATIONAL PREVENTION WORKSHOPS, YOUTH ADVOCACY TRAINING, SOCIAL CHANGE THEATRE PROJECTS, PARENT PRESENTATIONS AND VARIOUS OTHER EDUCATIONAL AND PREVENTION RESOURCES.2. CREATION AND IMPLEMENTATION OF YOUTH ENGAGEMENT AND TOBACCO AWARENESS PROGRAM UNDER CONTRACTS WITH VENTURA COUNTY OFFICE OF EDUCATION AND OTHER SCHOOL DISTRICTS.3. PROVIDING RESOURCES TO SCHOOL DISTRICTS, SCHOOLS, COMMUNITY ORGANIZATIONS AND PARENTS TO SUPPORT BOTH PHYSICAL AND MENTAL HEALTH OF YOUTH AND YOUNG ADULTS AGES 12-25, TO INCLUDE INFORMATION DISSEMINATION, ONLINE RESOURCES AND INTERACTIVE COMMUNITY EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III, LINE 4 PROGRAM SERVICE ACCOMPLISHMENTS
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ReturnHeader/BuildTS02022-05-20 13:21:51Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0KATHERINE KASMIR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REALITY IMPROV CONNECTION INC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020631 Ventura Blvd Suite 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Woodland Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerPersonGrp/PhoneNum08183404511
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Gonzalo A Vasquez
ReturnHeader/ReturnTs02021-12-30T10:35:35-08:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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