Civic Intelligence

Alturas Rotary Community Foundation

990 • Fiscal year 2017 • EIN 47-3327117

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

1030 N Main StAlturas, CA 96101

(530) 233-4984

Siviq Scores

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

Liabilities / Assets

34th percentile

0.03x

Higher debt load relative to assets than 34% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

76th percentile

0.43x

Higher debt load relative to revenue than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

1st percentile

-328%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

36th percentile

$3,897

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

7th percentile

-17%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

44%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,124,532

Down $426,548 (-17%) from 2016

Net Assets

Down

$2,068,313

Down $391,459 (-16%) from 2016

Liabilities

Down

$56,219

Down $35,089 (-38%) from 2016

Revenue

Up

$129,936

Up $39,705 (+44%) from 2016

Expenses

Up

$556,536

Up $414,144 (+291%) from 2016

Net Income

Down

-$426,600

Down $374,439 (-718%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $2,234,041Liabilities 2015: $2,054Net Assets 2015: $2,231,9872015Assets 2016: $2,551,080Liabilities 2016: $91,308Net Assets 2016: $2,459,7722016Assets 2017: $2,124,532Liabilities 2017: $56,219Net Assets 2017: $2,068,3132017Assets 2018: $1,257,730Liabilities 2018: $111,822Net Assets 2018: $1,145,9082018Assets 2019: $913,251Liabilities 2019: $47,205Net Assets 2019: $866,0462019Assets 2020: $222,013Liabilities 2020: $21,587Net Assets 2020: $200,4262020Assets 2021: $210,905Liabilities 2021: $0Net Assets 2021: $210,9052021Assets 2022: $184,819Liabilities 2022: $0Net Assets 2022: $184,8192022Assets 2023: $274,140Liabilities 2023: $0Net Assets 2023: $274,1402023Assets 2024: $309,073Net Assets 2024: $309,0732024

Highlighted filing

2017

Assets$2,124,532
Liabilities$56,219
Net Assets$2,068,313

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $2,227,534Expenses 2015: $2,055Net Income 2015: $2,225,4792015Revenue 2016: $90,231Expenses 2016: $142,392Net Income 2016: -$52,1612016Revenue 2017: $129,936Expenses 2017: $556,536Net Income 2017: -$426,6002017Revenue 2018: $136,680Expenses 2018: $1,005,901Net Income 2018: -$869,2212018Revenue 2019: $60,078Expenses 2019: $348,391Net Income 2019: -$288,3132019Revenue 2020: $61,147Expenses 2020: $703,500Net Income 2020: -$642,3532020Revenue 2021: $20,818Expenses 2021: $48,487Net Income 2021: -$27,6692021Revenue 2022: $18,222Expenses 2022: $15,369Net Income 2022: $2,8532022Revenue 2023: $87,981Expenses 2023: $10,036Net Income 2023: $77,9452023Revenue 2024: $24,421Expenses 2024: $14,239Net Income 2024: $10,1822024

Highlighted filing

2017

Revenue$129,936
Expenses$556,536
Net Income-$426,600
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$858,185
Mission and Program Overview

Mission

Promote programs and projects of rotary club of alturas and rotary international with focus on enhancing the well-being of the community of alturas, the greater modoc county area, and rotary international projects world-wide

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$23,108$56,225▲ $33,117
Cash and Non-Interest-Bearing Accounts-$724-
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,551,080$2,124,532▼ $426,548
Other Assets Total$2,527,972$2,067,583▼ $460,389
Liabilities
Accounts Payable and Accrued Expenses$91,308$56,218▼ $35,090
Other Liabilities-$1-
Total Liabilities$91,308$56,219▼ $35,089
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,459,772$2,068,313▼ $391,459
Total Net Assets Fund Balance$2,459,772$2,068,313▼ $391,459
Total Liabilities and Net Assets / Fund Balance$2,551,080$2,124,532▼ $426,548
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Monica DernerTreasurerPT$3,897$3,897

Board Members and Trustees

NameTitle
Elizabeth CavassoChairman
Alan CainVice Chairman
Carol SharpTrustee
Diana BassTrustee
Dick ReadTrustee
Joy JohnsonTrustee
Matt CruseTrustee
Karen ShimamotoSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
White Bear Construction INCHeavy Machine WorkPO BOX 174, Alturas, CA 96101$107,936
Revenue and Support

Revenue Composition

Contributions and Grants
$16,904
Program Service Revenue
$0
Investment Income
$110,835
Other Revenue
$2,197
All Other Contributions
$16,904
Change in Net Assets
$-426,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$552,639
Salaries, Compensation, and Employee Benefits$3,897
Total Fundraising Expense$1,854
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$14,436-$14,436
Other Expenses$2,947-$1,854$4,801
Current Officers, Directors, Trustees, and Key Employees-$3,897-$3,897
Fees for Services Accounting-$2,350-$2,350
Fees for Services Other-$55-$55
Total Functional Expenses$533,944$20,738$1,854$556,536
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$2,197
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
Rounding$1
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 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 2: Description of Business or Family Relationship of Officers, Directors, Et

Chairperson is daughter in law of a trustee

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

Electronic copy is sent to board for review and comment prior to filing

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

Reporting and disclosure of any conflicts is required annually

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

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Alturas Rotary Community Foundation
EIN
47-3327117
Address
1030 N MAIN ST, ALTURAS, CA 96101

Signing Officer

Name
Elizabeth Cavasso
Title
Chairman
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Cavasso
Formed
2015
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Monica Derner CPA PC
Address
430 S Main Street, Alturas, CA 96101
Preparer
Monica Derner
Phone
5302334984
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: support for youth and other community projects sponsored by rotary club

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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ELIZABETH CAVASSO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0IMPROVEMENTS TO COMMUNITY BALL FIELDS HAVE BEGUN, INCLUDING PREPARATORY ENGINEERING TO PLAN IMPROVED ACCESS, WEED CONTROL, AND DRAINAGE TO MULITPLE FIELDS. HAVE ALSO ADDED UTILITY INFRASTRUCTURE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt073260
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED PROJECT MANAGEMENT AND ENGINEERING COSTS TO BUILD A COMMUNITY SKATE PARK.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt053889
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05304
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt084927
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0140184
IRS990/PYRevenuesLessExpensesAmt0-52161
IRS990/PYSalariesCompEmpBnftPaidAmt02208
IRS990/PYTotalExpensesAmt0142392
IRS990/PYTotalRevenueAmt090231
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-426600
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023108
IRS990/SavingsAndTempCashInvstGrp/EOYAmt056225
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INQUIRY OF CLUB CPA
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1ASSETS OF THE SUPPORTED ORGANIZATION ARE KNOWN TO BE USED SOLEY FOR CHARITABLE PURPOSES BECAUSE THIS ORGANIZATION'S TRUSTEES AND OFFICERS (EXCEPT FOR THE TREASURER)ARE MEMBERS OF THE SUPPORTED ORGANIZATION, AND PROJECTS ARE DISCUSSED AND VOTED ON BY THE SUPPORTED ORGANIZATION BEFORE PROCEEDING AT THIS ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 3b: Description Of When and How Organization Made The Determination
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section A, Line 3c: Explain What Controls The Organization Put In Place
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0946103419
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02947
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ROTARY CLUB OF ALTURAS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt02947
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02067583
IRS990ScheduleD/TotalLiabilityAmt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: SUPPORT FOR YOUTH AND OTHER COMMUNITY PROJECTS SPONSORED BY ROTARY CLUB
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHAIRPERSON IS DAUGHTER IN LAW OF A TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELECTRONIC COPY IS SENT TO BOARD FOR REVIEW AND COMMENT PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REPORTING AND DISCLOSURE OF ANY CONFLICTS IS REQUIRED ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ROTARY CLUB OF ALTURAS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C 4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMUNITY SUPPORT & ENHANCEMENTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01030 N MAIN STREET 102
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALTURAS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd096101
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false

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