Civic Intelligence

Ripple Community Inc

990 • Fiscal year 2020 • EIN 47-4828012

Oct 01, 2019 to Sep 30, 2020 • Filed on Mar 16, 2021

1335 W Linden StreetAllentown, PA 18102

(484) 240-1231

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

72nd percentile

22%

Higher net margin than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$45,238

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

72nd percentile

29%

Faster asset growth than 72% of similar nonprofits.

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

Revenue Growth

79th percentile

20%

Faster revenue growth than 79% of similar nonprofits.

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

Assets

Up

$399,185

Up $89,244 (+29%) from 2019

Net Assets

Up

$396,055

Up $86,114 (+28%) from 2019

Liabilities

Up

$3,130

Up $3,130 from 2019

Revenue

Up

$395,871

Up $66,866 (+20%) from 2019

Expenses

Up

$307,625

Up $154,886 (+101%) from 2019

Net Income

Down

$88,246

Down $88,020 (-50%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $57,474Liabilities 2017: $0Net Assets 2017: $57,4742017Assets 2018: $133,675Liabilities 2018: $02018Assets 2019: $309,941Liabilities 2019: $0Net Assets 2019: $309,9412019Assets 2020: $399,185Liabilities 2020: $3,130Net Assets 2020: $396,0552020Assets 2021: $457,164Liabilities 2021: $6,719Net Assets 2021: $450,4452021Assets 2022: $479,750Liabilities 2022: $25,778Net Assets 2022: $453,9722022Assets 2023: $697,501Liabilities 2023: $145,618Net Assets 2023: $551,8832023Assets 2024: $551,838Liabilities 2024: $94,024Net Assets 2024: $457,8142024Assets 2025: $708,572Liabilities 2025: $96,972Net Assets 2025: $611,6002025

Highlighted filing

2020

Assets$399,185
Liabilities$3,130
Net Assets$396,055

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $66,698Expenses 2017: $9,524Net Income 2017: $57,1742017Revenue 2018: $121,117Expenses 2018: $44,916Net Income 2018: $76,2012018Revenue 2019: $329,005Expenses 2019: $152,739Net Income 2019: $176,2662019Revenue 2020: $395,871Expenses 2020: $307,625Net Income 2020: $88,2462020Revenue 2021: $465,439Expenses 2021: $411,049Net Income 2021: $54,3902021Revenue 2022: $443,303Expenses 2022: $427,256Net Income 2022: $16,0472022Revenue 2023: $648,692Expenses 2023: $545,996Net Income 2023: $102,6962023Revenue 2024: $500,467Expenses 2024: $594,536Net Income 2024: -$94,0692024Revenue 2025: $846,168Expenses 2025: $692,382Net Income 2025: $153,7862025

Highlighted filing

2020

Revenue$395,871
Expenses$307,625
Net Income$88,246
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Mar 16, 2021
Return Version
2019v5.2
Gross Receipts
$405,581
Mission and Program Overview

Mission

Ripple community, inc. Nurtures community and connection in allentown, pa by fostering a sense of community among our neighbors who have traditionally been marginalized, and by cultivating connections across social boundaries.

To nurture community and connection in allentown by fostering a sense of community among our neighbors who have traditionally been marginalized and by cultivating connections across social boundaries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$277,512$275,518▼ $1,994
Cash and Non-Interest-Bearing Accounts$29,309$83,437▲ $54,128
Investments in Publicly Traded Securities-$37,321-
Land, Buildings, and Equipment, Net$3,120$2,909▼ $211
Total Assets$309,941$399,185▲ $89,244
Liabilities
Accounts Payable and Accrued Expenses$0$3,130▲ $3,130
Total Liabilities$0$3,130▲ $3,130
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$265,856$338,541▲ $72,685
Net Assets With Donor Restrictions$44,085$57,514▲ $13,429
Total Net Assets Fund Balance$309,941$396,055▲ $86,114
Total Liabilities and Net Assets / Fund Balance$309,941$399,185▲ $89,244

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,909$264$3,173
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sherri BinderExecutive DirectorFT$41,458$3,780$45,238

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$394,673
Program Service Revenue
$0
Investment Income
$1,198
Other Revenue
$0
All Other Contributions
$374,473
Change in Net Assets
$88,246

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$39,439Fair Market Value (FMV) on Date of Donation
Total Noncash Contributions1$39,439-

Audited Revenue Reconciliation

Revenue per Audited Statements
$395,721
Revenue Not Reported on Financial Statements
$150
Revenue Not Reported on Form 990
$-2,132
Total Revenue per Audited Statements
$393,589
Total Revenue per Form 990
$395,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$176,861
Other Expenses$130,764
Total Fundraising Expense$18,346
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$82,087--$82,087
Current Officers, Directors, Trustees, and Key Employees$47,614$15,593$15,593$78,800
Occupancy$31,050$3,450-$34,500
Payroll Taxes$10,993$1,298$1,298$13,589
Fees for Services Other$5,600$2,032-$7,632
Information Technology$3,105$690$690$4,485
Fees for Services Accounting$3,100$1,125-$4,225
Insurance$2,467$957-$3,424
Other Employee Benefits$2,385--$2,385
Office Expenses$765$765$765$2,295
Fees for Services Legal$718$260-$978
Other Expenses$2,375$794-$794
Depreciation Depletion-$211-$211
Fees for Service Investment Mgmnt Fees-$150-$150
Total Functional Expenses$261,694$27,585$18,346$307,625

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$307,625
Expenses per Audited Statements$307,475
Total Expenses per Audited Statements$307,475
Expenses Not Reported on Financial Statements$150
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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

Each board member receives a draft copy of the form 990 prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Each board member annually signs a conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

The board of directors annually votes on the compensation of the executive director when determining the budget for the upcoming year.

Form 990, Part VI, Section C, Line 19

All of the organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Ripple Community Inc
EIN
47-4828012
Phone
4842401231
Address
1335 W LINDEN STREET, ALLENTOWN, PA 18102

Signing Officer

Name
Charles F Thiel
Title
President
Phone
4842401231
Signed
2021-03-16

Organization Details

Principal Officer
Charles F Thiel
Formed
2010
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
9
Volunteers
35

Preparer

Firm
Campbell Rappold & Yurasits Llp
Address
1033 S CEDAR CREST BLVD, ALLENTOWN, PA 18103-5443
Preparer
Jason L Serfass CPA
Phone
6104357489
Supplemental Narrative

Additional Explanations

FORM 990; PART XII, LINE 2C

The board of directors assumes responsibility for the oversight of the review engagement and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The organization had no material uncertain income tax positions that would result in a liability to the organization.

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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0329005
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt088246
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0277512
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0275518
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/Total509Grp/TotalAmt0888504
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0375507
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt066698
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0891717
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAD NO MATERIAL UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN A LIABILITY TO THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH BOARD MEMBER RECEIVES A DRAFT COPY OF THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER ANNUALLY SIGNS A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ANNUALLY VOTES ON THE COMPENSATION OF THE EXECUTIVE DIRECTOR WHEN DETERMINING THE BUDGET FOR THE UPCOMING YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE REVIEW ENGAGEMENT AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990; PART XII, LINE 2C
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt03130
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IRS990/TotalOtherCompensationAmt03780
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IRS990/TotalReportableCompFromOrgAmt041458
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