Civic Intelligence

Madrone Trail Initiative

990 • Fiscal year 2017 • EIN 59-3815980

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 30, 2018

Refreshing map…

3070 Ross LaneCentral Point, OR 97502

(541) 773-4461

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.04x

Higher debt load relative to assets than 92% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

1.35x

Higher debt load relative to revenue than 88% of similar nonprofits.

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

Net Margin

24th percentile

-7.3%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

44th percentile

$46,330

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

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

Asset Growth

94th percentile

74%

Faster asset growth than 94% of similar nonprofits.

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

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

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

Assets

Up

$2,094,941

Up $889,351 (+74%) from 2016

Net Assets

Down

-$90,809

Down $117,550 (-440%) from 2016

Liabilities

Up

$2,185,750

Up $1,006,901 (+85%) from 2016

Revenue

Up

$1,614,054

Up $234,940 (+17%) from 2016

Expenses

Down

$1,731,604

Down $86,648 (-4.8%) from 2016

Net Income

Up

-$117,550

Up $321,588 (+73%) 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$0-$1.0MAssets 2013: $1,000,402Liabilities 2013: $498,938Net Assets 2013: $501,4642013Assets 2014: $1,030,237Liabilities 2014: $498,467Net Assets 2014: $531,7702014Assets 2015: $1,255,056Liabilities 2015: $789,177Net Assets 2015: $465,8792015Assets 2016: $1,205,590Liabilities 2016: $1,178,849Net Assets 2016: $26,7412016Assets 2017: $2,094,941Liabilities 2017: $2,185,750Net Assets 2017: -$90,8092017Assets 2018: $1,584,044Liabilities 2018: $1,978,555Net Assets 2018: -$394,5112018Assets 2019: $1,485,517Liabilities 2019: $1,970,110Net Assets 2019: -$484,5932019Assets 2020: $1,650,743Liabilities 2020: $1,922,592Net Assets 2020: -$271,8492020Assets 2022: $1,995,777Liabilities 2022: $2,544,961Net Assets 2022: -$549,1842022

Highlighted filing

2017

Assets$2,094,941
Liabilities$2,185,750
Net Assets-$90,809

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $1,085,3942013Revenue 2014: $1,335,791Expenses 2014: $1,305,485Net Income 2014: $30,3062014Revenue 2015: $1,385,692Expenses 2015: $1,029,692Net Income 2015: $356,0002015Revenue 2016: $1,379,114Expenses 2016: $1,818,252Net Income 2016: -$439,1382016Revenue 2017: $1,614,054Expenses 2017: $1,731,604Net Income 2017: -$117,5502017Revenue 2018: $1,646,580Expenses 2018: $1,950,282Net Income 2018: -$303,7022018Revenue 2019: $1,601,592Expenses 2019: $1,691,674Net Income 2019: -$90,0822019Revenue 2020: $1,950,930Expenses 2020: $1,738,186Net Income 2020: $212,7442020Revenue 2022: $1,974,930Expenses 2022: $2,183,537Net Income 2022: -$208,6072022

Highlighted filing

2017

Revenue$1,614,054
Expenses$1,731,604
Net Income-$117,550
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 30, 2018
Return Version
2016v3.0
Gross Receipts
$1,630,916
Mission and Program Overview

Mission

Primary charter school education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$581,354$560,845▼ $20,509
Savings and Temporary Cash Investments$89,377$328,737▲ $239,360
Cash and Non-Interest-Bearing Accounts$328,723$184,394▼ $144,329
Prepaid Expenses and Deferred Charges$8,770--
Accounts Receivable$1,443$1,990▲ $547
Total Assets$1,205,590$2,094,941▲ $889,351
Other Assets Total$195,923$1,018,975▲ $823,052
Liabilities
Other Liabilities$706,032$1,727,184▲ $1,021,152
Mortgage Notes Payable Secured by Investment Property$357,355$338,215▼ $19,140
Accounts Payable and Accrued Expenses$49,396$60,616▲ $11,220
Unsecured Notes Loans Payable$66,066$59,735▼ $6,331
Total Liabilities$1,178,849$2,185,750▲ $1,006,901
Net Assets / Fund Balance
Unrestricted Net Assets$26,741$-90,809▼ $117,550
Total Net Assets Fund Balance$26,741$-90,809▼ $117,550
Total Liabilities and Net Assets / Fund Balance$1,205,590$2,094,941▲ $889,351

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$560,845$246,744-
Other Assets Org$1,018,975--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen BaileySchool DirectorFT$33,124$13,206$46,330

Board Members and Trustees

NameTitle
Amy RudolphChairman
Jane HigginsDirector
Kellee OsheaDirector
Leann TourzanDirector
Louise LavergneDirector
Mark SievertDirector
Monica RathjenDirector
Sarah TrujilloSecretary
Sherri McfarlandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,486,606
Program Service Revenue
$74,405
Investment Income
$0
Other Revenue
$53,043
All Other Contributions
$49,433
Change in Net Assets
$-117,550

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,614,054
Revenue Not Reported on Form 990
$16,862
Total Revenue per Audited Statements
$1,630,916
Total Revenue per Form 990
$1,614,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,244,016
Other Expenses$487,588
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$596,896$87,124-$684,020
Pension Plan Contributions$298,260$27,005-$325,265
Fees for Services Other$144,701$26,648-$171,349
Occupancy-$106,212-$106,212
Other Employee Benefits$89,246$9,976-$99,222
Current Officers, Directors, Trustees, and Key Employees-$68,485-$68,485
Payroll Taxes$58,026$8,998-$67,024
Depreciation Depletion-$20,509-$20,509
Office Expenses$9,558$7,932-$17,490
Insurance-$12,220-$12,220
Fees for Services Accounting-$10,445-$10,445
Conferences and Meetings-$3,768-$3,768
Other Expenses$2$3,132-$3,132
Fees for Services Legal-$2,391-$2,391
Travel-$1,404-$1,404
All Other Expenses-$775-$775
Advertising-$109-$109
Total Functional Expenses$1,321,762$409,842$0$1,731,604

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,748,466
Expenses per Audited Statements$1,731,604
Total Expenses per Form 990$1,731,604
Expenses Not Reported on Form 990$16,862
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$35,591
Fundraising Direct Expenses$16,862
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$35,591$35,591$16,862$18,729
Total Events$35,591$35,591$16,862$18,729
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Liability$1,726,683
Pension Deferrals$501
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 governing body review Part VI line 11

A draft of the 990 is available for board members to review between three to five days before it is signed and submitted to the internal revenue service. All board members are notified and an electronic copy is available upon reuqest.

Conflict of interest policy compliance Part VI line 12C

The board approves all significant financial transactions and potential conflicts of interest are always evaluated before a transaction is approved.

CEO executive director top management comp Part VI line 15A

The board of directors approves the directors salary during the budget process.

Governing documents etc available to public Part VI line 19

Copies of all policies and governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Madrone Trail Initiative
EIN
59-3815980
Address
3070 ROSS LANE, Central Point, OR 97502

Signing Officer

Name
Karen Bailey
Title
School Director
Phone
5418423657
Signed
2018-03-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Karen Bailey
Formed
2007
Legal Domicile
Or
Voting Board Members
9
Independent Board Members
9
Employees
41
Volunteers
155

Preparer

Firm
Ras Group LLC
Address
7148 SW GONZAGA ST, TIGARD, OR 97223
Preparer
Roy R Rogers
Phone
5036848421
Supplemental Narrative

Financial Statement Notes

Other revenues not included on Form 990 (Part XI, line 2D)

FUNDRAISING EXPENSES

Other expenses not included on Form 990 (Part XII, line 2D)

FUNDRAISING EXPENSES

Raw XML AppendixShowing 400 of 447 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08998
IRS990/PayrollTaxesGrp/ProgramServicesAmt058026
IRS990/PayrollTaxesGrp/TotalAmt067024
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt027005
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0298260
IRS990/PensionPlanContributionsGrp/TotalAmt0325265
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08770
IRS990/PrincipalOfficerNm0KAREN BAILEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CHARGES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt074405
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt074405
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01314592
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0304200
IRS990/PYOtherRevenueAmt049965
IRS990/PYProgramServiceRevenueAmt014557
IRS990/PYRevenuesLessExpensesAmt0-439138
IRS990/PYSalariesCompEmpBnftPaidAmt01514052
IRS990/PYTotalExpensesAmt01818252
IRS990/PYTotalRevenueAmt01379114
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-117550
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt089377
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0328737
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0560845
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0246744
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0807589
IRS990ScheduleD/ExpensesNotReportedAmt016862
IRS990ScheduleD/ExpensesSubtotalAmt01731604
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01018975
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION DEFERRALS
IRS990ScheduleD/OtherExpensesIncludedAmt016862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01726683
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1501
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION DEFERRALS
IRS990ScheduleD/OtherRevenueAmt016862
IRS990ScheduleD/RevenueNotReportedAmt016862
IRS990ScheduleD/RevenueSubtotalAmt01614054
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Other revenues not included on Form 990 (Part XI, line 2d)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Other expenses not included on Form 990 (Part XII, line 2d)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0560845
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01018975
IRS990ScheduleD/TotalExpensesPerForm990Amt01731604
IRS990ScheduleD/TotalLiabilityAmt01727184
IRS990ScheduleD/TotalRevenuePerForm990Amt01614054
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01630916
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01748466
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVES STATE FUNDING THROUGH THE OREGON DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NONDISCRIMANTORY POLICY EXPRESSED DURING ENROLLMENT PROCESS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of nondiscriminatory policy (Question 3)
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016862
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt035591
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035591
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035591
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt035591
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018729
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016862
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016862
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE 990 IS AVAILABLE FOR BOARD MEMBERS TO REVIEW BETWEEN THREE TO FIVE DAYS BEFORE IT IS SIGNED AND SUBMITTED TO THE INTERNAL REVENUE SERVICE. ALL BOARD MEMBERS ARE NOTIFIED AND AN ELECTRONIC COPY IS AVAILABLE UPON REUQEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD APPROVES ALL SIGNIFICANT FINANCIAL TRANSACTIONS AND POTENTIAL CONFLICTS OF INTEREST ARE ALWAYS EVALUATED BEFORE A TRANSACTION IS APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES THE DIRECTORS SALARY DURING THE BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF ALL POLICIES AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01205590
IRS990/TotalAssetsEOYAmt02094941
IRS990/TotalAssetsGrp/BOYAmt01205590
IRS990/TotalAssetsGrp/EOYAmt02094941
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01486606
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0409842
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01321762
IRS990/TotalFunctionalExpensesGrp/TotalAmt01731604
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01178849
IRS990/TotalLiabilitiesEOYAmt02185750
IRS990/TotalLiabilitiesGrp/BOYAmt01178849
IRS990/TotalLiabilitiesGrp/EOYAmt02185750
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt026741
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-90809
IRS990/TotalOtherCompensationAmt013206
IRS990/TotalProgramServiceExpensesAmt01321762
IRS990/TotalProgramServiceRevenueAmt074405
IRS990/TotalReportableCompFromOrgAmt033124
IRS990/TotalRevenueGrp/ExclusionAmt018729
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0108719
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01614054
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0155
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01205590
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02094941
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01404
IRS990/TravelGrp/TotalAmt01404

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