Civic Intelligence

R3 Development Nfp

990 • Fiscal year 2024 • EIN 47-3017705

Jan 01, 2024 to Dec 31, 2024 • Filed on Sep 05, 2025

PO Box 2197East Saint Louis, IL 62202

(618) 215-1005

Siviq Scores

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

Liabilities / Assets

80th percentile

0.28x

Higher debt load relative to assets than 80% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.24x

Higher debt load relative to revenue than 80% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

49th percentile

4.1%

Higher net margin than 49% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2024

Asset Growth

70th percentile

15%

Faster asset growth than 70% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-1.2%

Faster revenue growth than 33% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$560,340

Up $73,063 (+15%) from 2023

Net Assets

Up

$402,433

Up $27,718 (+7.4%) from 2023

Liabilities

Up

$157,907

Up $45,345 (+40%) from 2023

Revenue

Down

$670,898

Down $8,402 (-1.2%) from 2023

Expenses

Up

$643,180

Up $42,222 (+7.0%) from 2023

Net Income

Down

$27,718

Down $50,624 (-65%) from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $155,596Liabilities 2015: $16,154Net Assets 2015: $139,4422015Assets 2016: $184,875Liabilities 2016: $4,873Net Assets 2016: $180,0022016Assets 2017: $149,808Liabilities 2017: $1,348Net Assets 2017: $148,4602017Assets 2018: $267,568Liabilities 2018: $30,417Net Assets 2018: $237,1512018Assets 2019: $585,689Liabilities 2019: $334,114Net Assets 2019: $251,5752019Assets 2020: $418,053Liabilities 2020: $193,265Net Assets 2020: $224,7882020Assets 2021: $414,350Liabilities 2021: $119,215Net Assets 2021: $295,1352021Assets 2022: $386,484Liabilities 2022: $90,111Net Assets 2022: $296,3732022Assets 2023: $487,277Liabilities 2023: $112,562Net Assets 2023: $374,7152023Assets 2024: $560,340Liabilities 2024: $157,907Net Assets 2024: $402,4332024

Highlighted filing

2024

Assets$560,340
Liabilities$157,907
Net Assets$402,433

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $159,197Expenses 2015: $19,755Net Income 2015: $139,4422015Revenue 2016: $229,401Expenses 2016: $188,841Net Income 2016: $40,5602016Revenue 2017: $322,999Expenses 2017: $412,414Net Income 2017: -$89,4152017Revenue 2018: $472,670Expenses 2018: $411,973Net Income 2018: $60,6972018Revenue 2019: $303,319Expenses 2019: $288,895Net Income 2019: $14,4242019Revenue 2020: $314,410Expenses 2020: $341,196Net Income 2020: -$26,7862020Revenue 2021: $419,399Expenses 2021: $391,052Net Income 2021: $28,3472021Revenue 2022: $455,057Expenses 2022: $453,819Net Income 2022: $1,2382022Revenue 2023: $679,300Expenses 2023: $600,958Net Income 2023: $78,3422023Revenue 2024: $670,898Expenses 2024: $643,180Net Income 2024: $27,7182024

Highlighted filing

2024

Revenue$670,898
Expenses$643,180
Net Income$27,718
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 5, 2025
Return Version
2024v5.2
Gross Receipts
$670,898
Mission and Program Overview

Mission

The vision of r3 development is to see entire generations in east st. Louis empowered to grasp their worth and transform their communities. As a community and workforce development organization, we exist to empower the youth of east st. Louis with job opportunities.

Empowering east st. Louis youth through education, workforce development, and the creation of affordable housing solutions to build a more resilient community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$291,838$306,363▲ $14,525
Pledges and Grants Receivable$20,439$190,333▲ $169,894
Cash and Non-Interest-Bearing Accounts$137,523$54,404▼ $83,119
Prepaid Expenses and Deferred Charges$8,716$8,062▼ $654
Accounts Receivable$775$775→ $0
Inventories for Sale or Use$27,986$403▼ $27,583
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$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-
Total Assets$487,277$560,340▲ $73,063
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$93,610$128,028▲ $34,418
Accounts Payable and Accrued Expenses$18,127$29,054▲ $10,927
Other Liabilities$825$825→ $0
Total Liabilities$112,562$157,907▲ $45,345
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$364,715$402,433▲ $37,718
Net Assets With Donor Restrictions$10,000--
Total Net Assets Fund Balance$374,715$402,433▲ $27,718
Total Liabilities and Net Assets / Fund Balance$487,277$560,340▲ $73,063

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$237,356$38,015-
Other Land Buildings$633--
Land$20,606--
Equipment$47,768$43,759-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dj MernickPresident
Brian StanleyDirector
Brian WoodwardDirector
Carissa SterlingDirector
Edith LaktzianDirector
Emily PalmDirector
Shirley SimmonsSecretary
Johnathan TateTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$638,231
Program Service Revenue
$26,499
Investment Income
$0
Other Revenue
$6,168
All Other Contributions
$638,231
Change in Net Assets
$27,718

Audited Revenue Reconciliation

Revenue per Audited Statements
$670,898
Total Revenue per Audited Statements
$670,898
Total Revenue per Form 990
$670,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$341,831
Salaries, Compensation, and Employee Benefits$301,349
Total Fundraising Expense$18,267
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$192,870$30,954$14,287$238,111
Other Employee Benefits$27,683$7,808-$35,491
Insurance$24,407$6,102-$30,509
Payroll Taxes$21,643$6,104-$27,747
Depreciation Depletion$15,369$10,246-$25,615
Other Expenses$5,539$5,539$49$11,078
All Other Expenses$170$171$3,931$4,272
Total Functional Expenses$509,739$115,174$18,267$643,180

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$643,180
Total Expenses per Audited Statements$643,180
Total Expenses per Form 990$643,180
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
Security Deposits$825
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
R3 Development Nfp
EIN
47-3017705
Phone
6182151005
Address
PO BOX 2197, EAST SAINT LOUIS, IL 62202

Signing Officer

Name
Dave Kuntz
Title
Executive Director
Signed
2025-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Kuntz
Formed
2015
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
41
Volunteers
250

Preparer

Firm
FEW CPAs
Address
6240 S Lindbergh Suite 101, St Louis, MO 63123
Preparer
Matt Fisher
Phone
3148457999
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No audit committee. Approved by executive director and shared with board.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from income taxes pursuant to section 501(c)(3) of the Internal Revenue Service Code. Therefore, no provision is made for taxes on income.The Organization adopted the provisions of Accounting for Uncertainty in Income Taxes on January 1, 2012. The adoption of that guidance resulted in no change to the financial statements for prior periods. As of December 31, 2024, no amounts have been recognized for uncertain tax positions. The Organizations tax returns filed for 2021 and prior are closed.

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IRS990/Desc0AS A VEHICLE FOR JOB-TRAINING AND COMMUNITY TRANSFORMATION, R3 EMPLOYS YOUTH TO REHAB BLIGHTED OR DILAPIDATED PROPERTIES IN EAST ST. LOUIS, ILLINOIS. WE EDUCATE, EMPLOY, AND TRAIN YOUTH TO GROW IN HEALTHY RELATIONSHIPS AS WELL AS EMPOWER THEM WITH SKILLS NEEDED TO SUCCESSFULLY ENTER THE WORKFORCE. WE SPECIALIZE IN CONSTRUCTION TRADES TRAINING AND AFFORDABLE HOUSING SERVICES, AND WE HOST PROGRAMS THAT FOSTER RACIAL RECONCILIATION ACROSS THE ST. LOUIS REGION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0R3 CAREERS ACADEMY YOUTHBUILD PROVIDES ALTERNATIVE EDUCATION FOR OPPORTUNITY YOUTH AGES 16-21, WHO NEED SPECIALIZED HELP OBTAINING THEIR HIGH SCHOOL DIPLOMA AND PREPARING FOR THEIR FUTURE. THE PROGRAM PROVIDES ACADEMIC REMEDIATION, CONSTRUCTION CREDENTIALS, AND OVERALL CAREER, LIFE, AND LEADERSHIP TRAINING.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from income taxes pursuant to section 501(c)(3) of the Internal Revenue Service Code. Therefore, no provision is made for taxes on income.The Organization adopted the provisions of Accounting for Uncertainty in Income Taxes on January 1, 2012. The adoption of that guidance resulted in no change to the financial statements for prior periods. As of December 31, 2024, no amounts have been recognized for uncertain tax positions. The Organizations tax returns filed for 2021 and prior are closed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO AUDIT COMMITTEE. APPROVED BY EXECUTIVE DIRECTOR AND SHARED WITH BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XII, Line 2c

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