Civic Intelligence

River Garden Foundation Inc.

990 • Fiscal year 2013 • EIN 59-3100673

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 12, 2014

11401 Old St Augustine Road32258

(904) 260-1818

Siviq Scores

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

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

15th percentile

0.02x

Higher debt load relative to revenue than 15% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

11th percentile

-23%

Higher net margin than 11% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

86th percentile

$275,471

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

45th percentile

1.5%

Faster asset growth than 45% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

10th percentile

-23%

Faster revenue growth than 10% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Assets

Up

$5,863,822

Up $88,278 (+1.5%) from 2012

Net Assets

Up

$5,827,117

Up $107,517 (+1.9%) from 2012

Liabilities

Down

$36,705

Down $19,239 (-34%) from 2012

Revenue

Down

$1,492,100

Down $433,916 (-23%) from 2012

Expenses

Up

$1,838,635

Up $712,080 (+63%) from 2012

Net Income

Down

-$346,535

Down $1,145,996 (-143%) from 2012

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $4,098,410Liabilities 2010: $148,097Net Assets 2010: $3,950,3132010Assets 2011: $4,624,195Liabilities 2011: $27,083Net Assets 2011: $4,597,1122011Assets 2012: $5,775,544Liabilities 2012: $55,944Net Assets 2012: $5,719,6002012Assets 2013: $5,863,822Liabilities 2013: $36,705Net Assets 2013: $5,827,1172013Assets 2014: $5,997,064Liabilities 2014: $40,972Net Assets 2014: $5,956,0922014Assets 2015: $5,802,586Liabilities 2015: $66,043Net Assets 2015: $5,736,5432015Assets 2016: $5,880,600Liabilities 2016: $53,445Net Assets 2016: $5,827,1552016Assets 2017: $6,437,082Liabilities 2017: $140,110Net Assets 2017: $6,296,9722017Assets 2018: $5,885,672Liabilities 2018: $230,032Net Assets 2018: $5,655,6402018Assets 2019: $6,842,939Liabilities 2019: $359,637Net Assets 2019: $6,483,3022019Assets 2020: $7,382,490Liabilities 2020: $362,855Net Assets 2020: $7,019,6352020Assets 2021: $11,273,998Liabilities 2021: $461,318Net Assets 2021: $10,812,6802021Assets 2022: $14,632,127Liabilities 2022: $89,954Net Assets 2022: $14,542,1732022Assets 2023: $15,966,246Liabilities 2023: $55,951Net Assets 2023: $15,910,2952023Assets 2024: $17,142,253Liabilities 2024: $46,429Net Assets 2024: $17,095,8242024

Highlighted filing

2013

Assets$5,863,822
Liabilities$36,705
Net Assets$5,827,117

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $454,5842010Revenue 2011: $1,815,923Expenses 2011: $1,137,086Net Income 2011: $678,8372011Revenue 2012: $1,926,016Expenses 2012: $1,126,555Net Income 2012: $799,4612012Revenue 2013: $1,492,100Expenses 2013: $1,838,635Net Income 2013: -$346,5352013Revenue 2014: $1,495,071Expenses 2014: $1,510,182Net Income 2014: -$15,1112014Revenue 2015: $1,284,506Expenses 2015: $1,370,056Net Income 2015: -$85,5502015Revenue 2016: $996,538Expenses 2016: $1,094,041Net Income 2016: -$97,5032016Revenue 2017: $1,087,142Expenses 2017: $1,249,372Net Income 2017: -$162,2302017Revenue 2018: $1,119,922Expenses 2018: $1,172,162Net Income 2018: -$52,2402018Revenue 2019: $1,197,365Expenses 2019: $1,027,832Net Income 2019: $169,5332019Revenue 2020: $765,263Expenses 2020: $1,012,692Net Income 2020: -$247,4292020Revenue 2021: $3,692,631Expenses 2021: $715,825Net Income 2021: $2,976,8062021Revenue 2022: $2,225,597Expenses 2022: $788,617Net Income 2022: $1,436,9802022Revenue 2023: $985,827Expenses 2023: $811,434Net Income 2023: $174,3932023Revenue 2024: $3,325,630Expenses 2024: $1,068,567Net Income 2024: $2,257,0632024

Highlighted filing

2013

Revenue$1,492,100
Expenses$1,838,635
Net Income-$346,535
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 12, 2014
Return Version
2013v3.0
Gross Receipts
$1,713,791
Mission and Program Overview

Mission

The river garden foundation is philanthropic organization established to provide resources for programs and facilities to enhance the quality of life for the aged. Its primary purpose is to fund the not for profit river garden system of services.

The foundation is dedicated to helping the elderly remain in control of their own lives by assuring appropriate supportive services to people at all levels of need and financial ability. The aim of the foundation is to keep pace with the changing needs of the aging through programs that meet a broad array of health care needs, as well as provide a full spectrum of residential options.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,677,956$1,229,091▼ $448,865
Investments Other Securities$26,199$26,199→ $0
Pledges and Grants Receivable$37,225$22,109▼ $15,116
Total Assets$5,775,544$5,863,822▲ $88,278
Other Assets Total$4,034,164$4,586,423▲ $552,259
Liabilities
Deferred Revenue$48,150$29,388▼ $18,762
Accounts Payable and Accrued Expenses$7,794$7,317▼ $477
Total Liabilities$55,944$36,705▼ $19,239
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,920,685$3,782,667▼ $138,018
Permanently Rstr Net Assets$1,871,323$2,135,592▲ $264,269
Unrestricted Net Assets$-72,408$-91,142▼ $18,734
Total Net Assets Fund Balance$5,719,600$5,827,117▲ $107,517
Total Liabilities and Net Assets / Fund Balance$5,775,544$5,863,822▲ $88,278

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$121,722--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,871,323$36,000▲ $228,269-$2,135,592
2012$1,693,076$18,000▲ $160,247-$1,871,323
2011$1,601,867$54,000▲ $37,209-$1,693,076
2010$1,117,572$378,000▲ $106,295-$1,601,867
2009$899,103$106,145▲ $112,324-$1,117,572
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,525,392
Program Service Revenue
$0
Investment Income
$64,908
Other Revenue
$-98,200
All Other Contributions
$1,116,240
Change in Net Assets
$-346,535

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,254,829
Revenue Not Reported on Financial Statements
$237,272
Revenue Not Reported on Form 990
$454,051
Other Revenue Adjustments
$219,789
Total Revenue per Audited Statements
$1,708,880
Total Revenue per Form 990
$1,492,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,691,434
Salaries, Compensation, and Employee Benefits$107,279
Other Expenses$39,922
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,691,434--$1,691,434
Other Salaries and Wages$95,599--$95,599
Office Expenses$4,064$14,245-$18,309
Fees for Service Investment Mgmnt Fees-$17,829-$17,829
Payroll Taxes$7,127--$7,127
Pension Plan Contributions$3,990--$3,990
Fees for Services Other-$2,294-$2,294
Advertising-$1,490-$1,490
Other Employee Benefits$563--$563
Total Functional Expenses$1,802,777$35,858$0$1,838,635

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,838,635
Expenses per Audited Statements$1,601,363
Total Expenses per Audited Statements$1,601,363
Expenses Not Reported on Financial Statements$237,272
Other Expense Adjustments$219,789
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
59-0624438-501(c)(3)TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE.$1,628,189
59-3399599-501(c)(3)TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE.$63,245
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$191,882
Fundraising Gross Income$93,682
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$335,276$80,881$159,943$-79,062
Event 1$107,558$12,801$31,939$-19,138
Total Events$442,834$93,682$191,882$-98,200
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Michael price and ned price have a family relationship. Adam frisch and harry frisch have a family relationship. Barbara parker, debbie parker and stacie wilf have a family relationship. Linda dubow and susan dubow have a family relationship. Ben setzer and leonard setzer have a family relationship. Morrie zimmerman, sandy zimmerman and seeman simmerman have a family relationship.

Form 990, Part VI, Section A, Line 6

The sole member of the organization shall be river garden holding company, inc.

Form 990, Part VI, Section A, Line 7A

The sole member, river garden holding company, inc., shall elect the trustees and at any time in its sole discretion, remove and name a replacement for any trustee.

Form 990, Part VI, Section A, Line 7B

The number of trustees shall be determined by the sole member. Any vacancy occurring in the board may be filled by a majority vote of the remaining trustees with the approval of the sole member.

Form 990, Part VI, Section B, Line 11

A copy of the form 990 is presented to the governing body for review and approval prior to being filed.

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

Board members serve three year terms and sign a conflict of interest statement during their term. Management discloses any financial activity that may involve board members.

Form 990, Part VI, Section C, Line 19

The organization makes it governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

EIN
59-3100673
Phone
9042601818

Signing Officer

Name
Martin Goetz
Title
Chief Executive Officer
Phone
9042601818
Signed
2014-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martin Goetz
Formed
1987
Legal Domicile
Fl
Voting Board Members
39
Independent Board Members
39
Employees
2
Volunteers
158

Preparer

Preparer
Melanie a Mcpeak
Phone
7275314477
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Oversight of audit and selection of independent accountant: the process of oversight of the audit and selection of an independent accountant has not changed from the prior year.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses included with revenue 219,789.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses included with revenue 219,789.

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IRS990/Form990PartVIISectionAGrp/PersonNm4DEBBIE BUCKLAND
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFF DAVIS
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IRS990/Form990PartVIISectionAGrp/PersonNm7SUSAN DUBOW
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IRS990/Form990PartVIISectionAGrp/PersonNm9ADAM FRISCH
IRS990/Form990PartVIISectionAGrp/PersonNm10HARRY FRISCH
IRS990/Form990PartVIISectionAGrp/PersonNm11KEN JACOBS
IRS990/Form990PartVIISectionAGrp/PersonNm12JAMES KEMPNER
IRS990/Form990PartVIISectionAGrp/PersonNm13HONORABLE MORTON KESLER
IRS990/Form990PartVIISectionAGrp/PersonNm14RICHARD KRAVITZ
IRS990/Form990PartVIISectionAGrp/PersonNm15BOB LIVINGSTON
IRS990/Form990PartVIISectionAGrp/PersonNm16MARK LODINGER
IRS990/Form990PartVIISectionAGrp/PersonNm17ADAM MARKO
IRS990/Form990PartVIISectionAGrp/PersonNm18VERONICA MAYBURY
IRS990/Form990PartVIISectionAGrp/PersonNm19JEFFREY MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm20BARBARA PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm21DEBBIE PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm22MARSHA POLLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm23MICHAEL PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm24NED IRWIN PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm25JEANINE ROGOZINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm26DIANE ROTHSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm27PAUL L ROTHSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm28WALTER RUDISILER
IRS990/Form990PartVIISectionAGrp/PersonNm29DR NEIL SAGER
IRS990/Form990PartVIISectionAGrp/PersonNm30JACK SELEVAN
IRS990/Form990PartVIISectionAGrp/PersonNm31BEN SETZER
IRS990/Form990PartVIISectionAGrp/PersonNm32LEONARD R SETZER
IRS990/Form990PartVIISectionAGrp/PersonNm33DAVID A STEIN
IRS990/Form990PartVIISectionAGrp/PersonNm34ALLISON TRAGER
IRS990/Form990PartVIISectionAGrp/PersonNm35DR EARLE TRAYNHAM
IRS990/Form990PartVIISectionAGrp/PersonNm36MORRIE ZIMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm37SANDY ZIMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm38SEEMAN ZIMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm39BETTY SORNA
IRS990/Form990PartVIISectionAGrp/PersonNm40MARTIN GOETZ
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt30TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt31TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt32TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt33TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt34TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt35TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt36TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt37TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt38TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt39CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt40CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0349152
IRS990/FundraisingDirectExpensesAmt0191882
IRS990/FundraisingGrossIncomeAmt093682
IRS990/GainOrLossGrp/SecuritiesAmt0-29809
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt039
IRS990/GrantAmt01691434
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01691434
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01691434
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01713791
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.1$0.05$17.1$3.33$1.07$2.26
2023Detailed filing. Detailed filing data is available for this year.$16.0$0.06$15.9$0.99$0.81$0.17
2022Detailed filing. Detailed filing data is available for this year.$14.6$0.09$14.5$2.23$0.79$1.44
2021Detailed filing. Detailed filing data is available for this year.$11.3$0.46$10.8$3.69$0.72$2.98
2020Detailed filing. Detailed filing data is available for this year.$7.38$0.36$7.02$0.77$1.01$0.25
2019Detailed filing. Detailed filing data is available for this year.$6.84$0.36$6.48$1.20$1.03$0.17
2018Detailed filing. Detailed filing data is available for this year.$5.89$0.23$5.66$1.12$1.17$0.05
2017Detailed filing. Detailed filing data is available for this year.$6.44$0.14$6.30$1.09$1.25$0.16
2016Detailed filing. Detailed filing data is available for this year.$5.88$0.05$5.83$1.00$1.09$0.10
2015Detailed filing. Detailed filing data is available for this year.$5.80$0.07$5.74$1.28$1.37$0.09
2014Detailed filing. Detailed filing data is available for this year.$6.00$0.04$5.96$1.50$1.51$0.02
2013Detailed filing. Detailed filing data is available for this year.$5.86$0.04$5.83$1.49$1.84$0.35
2012Summary only. Only limited summary data is available for this year.$5.78$0.06$5.72$1.93$1.13$0.80
2011Summary only. Only limited summary data is available for this year.$4.62$0.03$4.60$1.82$1.14$0.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$0.15$3.95$0.45