Civic Intelligence

Rad Camp Inc.

990 • Fiscal year 2020 • EIN 46-4555223

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 07, 2021

199 Technology Dr 100Irvine, CA 92618

(949) 387-5219

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

Higher debt load relative to assets than 32% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

85th percentile

39%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

80th percentile

42%

Faster asset growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-19%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$569,370

Up $168,576 (+42%) from 2019

Net Assets

Up

$568,042

Up $167,248 (+42%) from 2019

Liabilities

Up

$1,328

Up $1,328 from 2019

Revenue

Down

$430,677

Down $100,303 (-19%) from 2019

Expenses

Down

$263,429

Down $335,605 (-56%) from 2019

Net Income

Up

$167,248

Up $235,302 (+346%) from 2019

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 2014: $40,808Liabilities 2014: $02014Assets 2015: $136,815Liabilities 2015: $1,497Net Assets 2015: $135,3182015Assets 2016: $318,794Liabilities 2016: $1,497Net Assets 2016: $317,2972016Assets 2017: $392,725Liabilities 2017: $1,762Net Assets 2017: $390,9632017Assets 2018: $470,382Liabilities 2018: $1,534Net Assets 2018: $468,8482018Assets 2019: $400,794Liabilities 2019: $0Net Assets 2019: $400,7942019Assets 2020: $569,370Liabilities 2020: $1,328Net Assets 2020: $568,0422020Assets 2021: $761,706Liabilities 2021: $267Net Assets 2021: $761,4392021Assets 2022: $707,369Liabilities 2022: $0Net Assets 2022: $707,3692022Assets 2023: $898,466Liabilities 2023: $0Net Assets 2023: $898,4662023Assets 2024: $1,029,787Liabilities 2024: $1,068Net Assets 2024: $1,028,7192024

Highlighted filing

2020

Assets$569,370
Liabilities$1,328
Net Assets$568,042

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $66,509Expenses 2014: $25,700Net Income 2014: $40,8092014Revenue 2015: $321,439Expenses 2015: $208,957Net Income 2015: $112,4822015Revenue 2016: $432,588Expenses 2016: $250,609Net Income 2016: $181,9792016Revenue 2017: $457,037Expenses 2017: $383,371Net Income 2017: $73,6662017Revenue 2018: $600,852Expenses 2018: $522,967Net Income 2018: $77,8852018Revenue 2019: $530,980Expenses 2019: $599,034Net Income 2019: -$68,0542019Revenue 2020: $430,677Expenses 2020: $263,429Net Income 2020: $167,2482020Revenue 2021: $608,905Expenses 2021: $415,508Net Income 2021: $193,3972021Revenue 2022: $474,895Expenses 2022: $528,263Net Income 2022: -$53,3682022Revenue 2023: $798,372Expenses 2023: $607,275Net Income 2023: $191,0972023Revenue 2024: $1,085,409Expenses 2024: $954,245Net Income 2024: $131,1642024

Highlighted filing

2020

Revenue$430,677
Expenses$263,429
Net Income$167,248
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 7, 2021
Return Version
2020v4.0
Gross Receipts
$481,930
Mission and Program Overview

Mission

Our mission is RAD Rising Above Disabilities! We offer awesome programs and camps for adults and children with developmental disabilities, much-deserved respite for their caregivers and a lifechanging volunteer experience for the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$400,794$568,042▲ $167,248
Savings and Temporary Cash Investments$325,117$390,297▲ $65,180
Cash and Non-Interest-Bearing Accounts$75,677$114,906▲ $39,229
Land, Buildings, and Equipment, Net-$64,167-
Accounts Receivable-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$400,794$569,370▲ $168,576
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$1,328-
Total Liabilities$0$1,328▲ $1,328
Net Assets / Fund Balance
Total Net Assets Fund Balance$400,794$568,042▲ $167,248
Total Liabilities and Net Assets / Fund Balance$400,794$569,370▲ $168,576

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$64,167$5,833$70,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$450,934
Program Service Revenue
$26,569
Investment Income
$3,175
Other Revenue
$-50,001
All Other Contributions
$288,148
Change in Net Assets
$167,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$263,429
Total Fundraising Expense$21,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$9,600$2,400-$12,000
Insurance$4,621$3,126-$7,747
Fees for Services Accounting-$6,450-$6,450
Depreciation Depletion$5,833--$5,833
Other Expenses$1,649$3,246$21,640$1,649
Information Technology-$1,143-$1,143
Fees for Services Legal-$978-$978
All Other Expenses-$850-$850
Fees for Services Other-$850-$850
Total Functional Expenses$222,746$19,043$21,640$263,429
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$51,253
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rad Gala$110,060-$30,355-
30k in 30 Days$52,726---
Total Events$162,786-$51,253$-51,253
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
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Meghan clem and katherine webb brundige are business partners in their company intertwined, inc in addition to being officers and on the board of directors of rad camp.

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Financial statements are prepared by an outside but not independent accountant monthly and presented to the cfo for review. The statement of activity and statement of financial position are shared with the entire board of directors on a regular basis for their review and approval. The cash basis of accounting is utilized.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Rad camp has a sole corporate member. The member has the following reserved rights: a. To approve the election or removal of individuals to the board of directors; b. To approve any change in the specific purpose of this corporation; c. To approve any merger, affiliation or dissolution of the corporation; and d. To approve any amendment to the articles of incorporation.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Rad camp has a sole corporate member. The member has the following reserved rights: a. To approve the election or removal of individuals to the board of directors; b. To approve any change in the specific purpose of this corporation; c. To approve any merger, affiliation or dissolution of the corporation; and d. To approve any amendment to the articles of incorporation.

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

The rad camp board annually receives a copy of the 990 for their review and approval prior to filing.

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

All new board members must read and attest to rad camps conflict of interest policy.annually, board members must review and re-attest that they are in compliance with the conflict of interest policy.

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

Copies of rad camps governing documents, conflict of interest policy, and financial statements are available upon written request or by scheduling an appointment at the offices of the corporation to review the documents.

1. Officer, Directors, Family Relationship (part VI, Ln 2)

Meghan clem & katherine webb brundige are business partners in their company intertwined, inc.

2. Management Duties Delegation (part VI, Ln 3)

Financial statements and tax returns are prepared by an outside but not independent accountant and presented to the cfo for review. The statement of activity and statement of financial position are shared with the entire board of directors on a regular basis for their review & approval. The cash basis method of accounting is utilized.

3. Member Election for Additional Members (part VI, Ln 7A)

Rad camp has a sole corporate member. The member has the following reserved rights: a. To approve the election or removal of individuals to the board of directors; b. To approve any change in the specific purpose of this corporation; c. To approve any merger, affiliation or dissolution of the corporation; and d. To approve any amendment to the articles of incorporation.

4. Governing Body Decisions (part VI, Ln 7B)

Rad camp has a sole corporate member. The member has the following reserved rights: a. To approve the election or removal of individuals to the board of directors; b. To approve any change in the specific purpose of this corporation; c. To approve any merger, affiliation or dissolution of the corporation; and d. To approve any amendment to the articles of incorporation.

5. Form 990 Governing Body Review (part VI, Ln 11A)

The rad camp board annually receives a copy of form 990 for their review and approval prior to filing.

6. Conflict of Interest Policy Compliance (part VI, Ln 12C)

ALL NEW BOARD MEMBERS MUST READ AND ATTEST TO RAD CAMP'S CONFLICT OF INTEREST POLICY. ANNUALLY, BOARD MEMBERS MUST REVIEW AND RE-ATTEST THAT THEY ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.Mr. Paul Irving and his firm, Praetorian Advisors, offered to provide accounting and bookkeeping services for RAD Camp Inc in February 2020. Mr. Irving is a current RAD Board Member and partner at the firm. Upon motion duly made and seconded, the Board unanimously approved the transition from South County CPA to Praetorian Advisors. Mr. Irving abstained from the vote to avoid any conflicts of interest.Ms. Jeanne Hoffa is a current RAD Board Member and the President of Coast PR. The Board of Directors was prompted to consider a contract between RAD Camp Inc. and Coast PR to promote the nonprofits new service, RAD Club, in December 2020. Upon motion duly made and seconded, the Board unanimously approved. Ms. Hoffa abstained from the vote to avoid any conflicts of interest.Ms. Katie Webb Brundige is the President of RAD Camp Inc. and Co-Owner of Intertwined Inc. Ms. Meghan Clem is the Secretary/CFO of RAD Camp Inc. and Co-Owner of Intertwined Inc. The Board of Directors was prompted to consider a new contract between RAD Camp Inc. and Intertwined Inc. Upon motion duly made and seconded, the Board unanimously approved. Ms. Brundige and Ms. Clem abstained from the vote to avoid any conflicts of interest.

7. Governing Documents, Etc. Available to Public. (part VI, Ln19)

Copies of the rad camps governing documents, conflict of interest policy, and financial statements are available upon written request or by scheduling an appointment at the offices of the corporation to review documents.

Filing and Contact Details

Filer

Filer Name
Rad Camp Inc
EIN
46-4555223
Phone
9493875219
Address
199 TECHNOLOGY DR 100, IRVINE, CA 92618

Signing Officer

Name
Meghan Clem
Title
CFO
Signed
2021-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine W Brundige
Formed
2014
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
12
Employees
0
Volunteers
122

Preparer

Firm
Praetorian Advisors LLP
Address
2101 East Coast Hwy Ste 200, Corona Del Mar, CA 92625
Preparer
Paul J Irving
Phone
9497604040
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

Rad remote program - to serve those on the waitlist and those who are no longer able to attend in-person camps, the rad remote program is a week-long online version of summer camp where campers and volunteers participate virtually. The week consists of a car parade, daily announcements and fun with the directors, camper and counselor interaction, team bonding, online activities and nightly entertainment. In 2020, the program served 375+ participants.rad club - as a recreational content and service provider for people with special needs, rad hosts an inclusive online community called rad club. The program provides brand new online content each week and hosts one live zoom event per month to reach current, waitlist and brand new families throughout california and beyond.

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

The rad onsite residential summer camp was cancelled in 2020 due to covid-19, but will return when deemed safe for campers and volunteers.

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