Civic Intelligence

Richmond Elementary School Inc.

990 • Fiscal year 2014 • EIN 74-3094933

Jul 01, 2013 to Jun 30, 2014 • Filed on May 14, 2015

1014 Florida Ave94804

(510) 620-9929

Siviq Scores

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

Liabilities / Assets

35th percentile

0.04x

Higher debt load relative to assets than 35% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

61st percentile

6.5%

Higher net margin than 61% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$139,754

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

58th percentile

7.1%

Faster revenue growth than 58% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2014

Assets

Up

$1,982,876

Up $261,558 (+15%) from 2013

Net Assets

Up

$1,911,683

Up $236,625 (+14%) from 2013

Liabilities

Up

$71,193

Up $24,933 (+54%) from 2013

Revenue

$3,626,375

No earlier filing loaded for comparison.

Expenses

Up

$3,389,750

Up $514,152 (+18%) from 2013

Net Income

$236,625

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $1,360,884Liabilities 2011: $292,608Net Assets 2011: $1,068,2762011Assets 2012: $1,610,560Liabilities 2012: $95,085Net Assets 2012: $1,515,4752012Assets 2013: $1,721,318Liabilities 2013: $46,260Net Assets 2013: $1,675,0582013Assets 2014: $1,982,876Liabilities 2014: $71,193Net Assets 2014: $1,911,6832014Assets 2015: $2,491,793Liabilities 2015: $150,038Net Assets 2015: $2,341,7552015Assets 2016: $2,892,100Liabilities 2016: $133,275Net Assets 2016: $2,758,8252016Assets 2017: $3,776,157Liabilities 2017: $148,485Net Assets 2017: $3,627,6722017Assets 2018: $3,984,006Liabilities 2018: $434,112Net Assets 2018: $3,549,8942018Assets 2019: $4,301,526Liabilities 2019: $401,720Net Assets 2019: $3,899,8062019Assets 2020: $4,971,143Liabilities 2020: $1,029,141Net Assets 2020: $3,942,0022020Assets 2021: $5,696,160Liabilities 2021: $504,187Net Assets 2021: $5,191,9732021Assets 2022: $5,320,761Liabilities 2022: $572,649Net Assets 2022: $4,748,1122022Assets 2023: $9,298,571Liabilities 2023: $3,817,416Net Assets 2023: $5,481,1552023Assets 2024: $9,021,104Liabilities 2024: $3,142,364Net Assets 2024: $5,878,7402024

Highlighted filing

2014

Assets$1,982,876
Liabilities$71,193
Net Assets$1,911,683

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,437,311Expenses 2011: $2,840,568Net Income 2011: $596,7432011Revenue 2012: $3,161,476Expenses 2012: $2,714,278Net Income 2012: $447,1982012Expenses 2013: $2,875,5982013Revenue 2014: $3,626,375Expenses 2014: $3,389,750Net Income 2014: $236,6252014Revenue 2015: $4,305,363Expenses 2015: $3,875,291Net Income 2015: $430,0722015Revenue 2016: $4,804,470Expenses 2016: $4,462,916Net Income 2016: $341,5542016Revenue 2017: $5,837,098Expenses 2017: $5,068,525Net Income 2017: $768,5732017Revenue 2018: $5,928,705Expenses 2018: $6,086,917Net Income 2018: -$158,2122018Revenue 2019: $6,659,451Expenses 2019: $6,396,345Net Income 2019: $263,1062019Revenue 2020: $6,963,665Expenses 2020: $6,921,469Net Income 2020: $42,1962020Revenue 2021: $8,665,778Expenses 2021: $7,415,807Net Income 2021: $1,249,9712021Revenue 2022: $7,892,779Expenses 2022: $8,019,662Net Income 2022: -$126,8832022Revenue 2023: $10,642,554Expenses 2023: $10,251,969Net Income 2023: $390,5852023Revenue 2024: $10,742,792Expenses 2024: $10,940,309Net Income 2024: -$197,5172024

Highlighted filing

2014

Revenue$3,626,375
Expenses$3,389,750
Net Income$236,625
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 14, 2015
Return Version
2013v4.0
Gross Receipts
$3,626,375
Mission and Program Overview

Mission

The charter school will provide all students, no matter what their circumstances, rigorous education programs and adequate social support, to become well educated and productive community members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$825,964$1,168,022▲ $342,058
Accounts Receivable$889,238$814,376▼ $74,862
Savings and Temporary Cash Investments-$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$1,721,318$1,982,876▲ $261,558
Other Assets Total$6,116$478▼ $5,638
Liabilities
Accounts Payable and Accrued Expenses$46,260$71,193▲ $24,933
Total Liabilities$46,260$71,193▲ $24,933
Net Assets / Fund Balance
Unrestricted Net Assets$1,675,058$1,858,188▲ $183,130
Temporarily Rstr Net Assets-$53,495-
Total Net Assets Fund Balance$1,675,058$1,911,683▲ $236,625
Total Liabilities and Net Assets / Fund Balance$1,721,318$1,982,876▲ $261,558

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$77,999$77,999
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peppina LianoCEOFT$139,754$139,754

Board Members and Trustees

NameTitle
David RosenthalPresident
Leonard PittBoard Member
Patricia ScottBoard Member
Reggie TerrellBoard Member
Sylvia KeitaBoard Member
Tom MeyerBoard Member
Neville RichardsonSec/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Revolution Foods INCFood Services-$318,320
Edtec INCBack Office-$110,358
Revenue and Support

Revenue Composition

Contributions and Grants
$3,622,828
Program Service Revenue
$0
Investment Income
$3,547
Other Revenue
$0
All Other Contributions
$237,852
Change in Net Assets
$236,625

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,626,375
Total Revenue per Audited Statements
$3,626,375
Total Revenue per Form 990
$3,626,375
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,926,561
Other Expenses$1,463,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,394,615$51,750-$1,446,365
Other Employee Benefits$332,222$8,220-$340,442
Current Officers, Directors, Trustees, and Key Employees$139,754--$139,754
Other Expenses$11,287$37,465-$48,752
All Other Expenses$11,829$29,237-$41,066
Travel$4,651--$4,651
Total Functional Expenses$2,931,191$458,559$0$3,389,750

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,389,750
Total Expenses per Audited Statements$3,389,750
Total Expenses per Form 990$3,389,750
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-
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
Yes
Other officer compensation reviewed
Yes
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 11B: Form 990 Review Process

Form 990 is not reviewed by the governing body before filing.

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

Potentially conflicted personnel must disclose material facts. Board determines if conflict exists.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Budget committee reviews expenses, including salaries. They compare to other local managers.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Budget committee reviews expenses, including salaries. They compare to other local managers.

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

UPON REQUEST.

Filing and Contact Details

Filer

EIN
74-3094933
Phone
5106209929

Signing Officer

Name
Peppina Liano
Title
CEO
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Rosenthal
Formed
2003
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
48
Volunteers
7

Preparer

Preparer
James a Rotherham CPA
Phone
6195439702
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IRS990/OtherExpensesGrp/Desc3RENTAL, LEASES & REPAIRS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt147962
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt275352
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt337465
IRS990/OtherExpensesGrp/ProgramServicesAmt0528272
IRS990/OtherExpensesGrp/ProgramServicesAmt1471310
IRS990/OtherExpensesGrp/ProgramServicesAmt237251
IRS990/OtherExpensesGrp/ProgramServicesAmt311287
IRS990/OtherExpensesGrp/TotalAmt0736845
IRS990/OtherExpensesGrp/TotalAmt1519272
IRS990/OtherExpensesGrp/TotalAmt2112603
IRS990/OtherExpensesGrp/TotalAmt348752
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt051750
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01394615
IRS990/OtherSalariesAndWagesGrp/TotalAmt01446365
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/PrincipalOfficerNm0DAVID ROSENTHAL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03032549
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02632
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01093925
IRS990/PYRevenuesLessExpensesAmt0159583
IRS990/PYSalariesCompEmpBnftPaidAmt01781673
IRS990/PYTotalExpensesAmt02875598
IRS990/PYTotalRevenueAmt03035181
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0236625
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
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/EquipmentGrp/DepreciationAmt077999
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077999
IRS990ScheduleD/ExpensesSubtotalAmt03389750
IRS990ScheduleD/RevenueSubtotalAmt03626375
IRS990ScheduleD/TotalExpensesPerForm990Amt03389750
IRS990ScheduleD/TotalRevenuePerForm990Amt03626375
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03626375
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03389750
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATORY POLICY INCLUDED IN ALL ADVERTISEMENTS, ENROLLMENT MATERIALS, AND OUR CHARTER AS A PUBLIC SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS NOT REVIEWED BY THE GOVERNING BODY BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1POTENTIALLY CONFLICTED PERSONNEL MUST DISCLOSE MATERIAL FACTS. BOARD DETERMINES IF CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BUDGET COMMITTEE REVIEWS EXPENSES, INCLUDING SALARIES. THEY COMPARE TO OTHER LOCAL MANAGERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BUDGET COMMITTEE REVIEWS EXPENSES, INCLUDING SALARIES. THEY COMPARE TO OTHER LOCAL MANAGERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt053495
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01721318
IRS990/TotalAssetsEOYAmt01982876
IRS990/TotalAssetsGrp/BOYAmt01721318
IRS990/TotalAssetsGrp/EOYAmt01982876
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03622828
IRS990/TotalEmployeeCnt048
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0458559
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02931191
IRS990/TotalFunctionalExpensesGrp/TotalAmt03389750
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt046260
IRS990/TotalLiabilitiesEOYAmt071193
IRS990/TotalLiabilitiesGrp/BOYAmt046260
IRS990/TotalLiabilitiesGrp/EOYAmt071193
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01675058
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01911683
IRS990/TotalProgramServiceExpensesAmt02931191
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0139754
IRS990/TotalRevenueGrp/ExclusionAmt03547
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03626375
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01721318
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01982876
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt04651
IRS990/TravelGrp/TotalAmt04651
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01675058
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01858188
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101014 FLORIDA AVE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.02$3.14$5.88$10.7$10.9$0.20
2023Detailed filing. Detailed filing data is available for this year.$9.30$3.82$5.48$10.6$10.3$0.39
2022Detailed filing. Detailed filing data is available for this year.$5.32$0.57$4.75$7.89$8.02$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$0.50$5.19$8.67$7.42$1.25
2020Detailed filing. Detailed filing data is available for this year.$4.97$1.03$3.94$6.96$6.92$0.04
2019Detailed filing. Detailed filing data is available for this year.$4.30$0.40$3.90$6.66$6.40$0.26
2018Detailed filing. Detailed filing data is available for this year.$3.98$0.43$3.55$5.93$6.09$0.16
2017Detailed filing. Detailed filing data is available for this year.$3.78$0.15$3.63$5.84$5.07$0.77
2016Detailed filing. Detailed filing data is available for this year.$2.89$0.13$2.76$4.80$4.46$0.34
2015Detailed filing. Detailed filing data is available for this year.$2.49$0.15$2.34$4.31$3.88$0.43
2014Detailed filing. Detailed filing data is available for this year.$1.98$0.07$1.91$3.63$3.39$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.05$1.68$2.88
2012Summary only. Only limited summary data is available for this year.$1.61$0.10$1.52$3.16$2.71$0.45
2011Summary only. Only limited summary data is available for this year.$1.36$0.29$1.07$3.44$2.84$0.60