Civic Intelligence

Tule River Economic Development Corporation

EIN 77-0262973 • 501(c)3 • Porterville, CA

Pub. 78 Eligible

Profile

ECONOMIC DEVELOPMENT

31071 Highway 190Porterville, CA 93257

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.14x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

100th percentile

103%

Higher net margin than 100% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

93rd percentile

61%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Up

$8,732,474

Up $3,315,159 (+61%) from 2023

Liabilities

Down

$1,263,315

Down $1,520,588 (-55%) from 2023

Net Assets

Up

$7,469,159

Up $4,835,747 (+184%) from 2023

Revenue

Down

-$1,039,362

Down $1,247,086 (-600%) from 2023

Expenses

Down

$34,783

Down $791,400 (-96%) from 2023

Net Income

Down

-$1,074,145

Down $455,686 (-74%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $6,803,757Liabilities 2010: $36,377Net Assets 2010: $6,767,3802010Assets 2011: $6,529,571Liabilities 2011: $35,261Net Assets 2011: $6,494,3102011Assets 2012: $6,303,767Liabilities 2012: $24,820Net Assets 2012: $6,278,9472012Assets 2013: $7,134,506Liabilities 2013: $20,130Net Assets 2013: $7,114,3762013Assets 2014: $8,144,070Liabilities 2014: $279,152Net Assets 2014: $7,864,9182014Assets 2015: $5,629,760Liabilities 2015: $963,376Net Assets 2015: $4,666,3842015Assets 2016: $5,376,568Liabilities 2016: $2,004,691Net Assets 2016: $3,371,8772016Assets 2017: $5,180,581Liabilities 2017: $2,817,494Net Assets 2017: $2,363,0872017Assets 2018: $4,672,540Liabilities 2018: $3,206,055Net Assets 2018: $1,466,4852018Assets 2019: $5,895,829Liabilities 2019: $6,036,218Net Assets 2019: -$140,3892019Assets 2020: $5,655,887Liabilities 2020: $5,779,752Net Assets 2020: -$123,8652020Assets 2021: $5,655,443Liabilities 2021: $6,540,126Net Assets 2021: -$884,6832021Assets 2022: $7,108,061Liabilities 2022: $6,805,322Net Assets 2022: $302,7392022Assets 2023: $5,417,315Liabilities 2023: $2,783,903Net Assets 2023: $2,633,4122023Assets 2024: $8,732,474Liabilities 2024: $1,263,315Net Assets 2024: $7,469,1592024

Highlighted filing

2024

Assets$8,732,474
Liabilities$1,263,315
Net Assets$7,469,159

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $383,2582010Revenue 2011: $44,590Expenses 2011: $253,984Net Income 2011: -$209,3942011Expenses 2012: $288,7002012Revenue 2013: $1,022,093Expenses 2013: $186,665Net Income 2013: $835,4282013Revenue 2014: $2,316,886Expenses 2014: $1,593,207Net Income 2014: $723,6792014Revenue 2015: $606,270Expenses 2015: $1,672,218Net Income 2015: -$1,065,9482015Revenue 2016: $896,099Expenses 2016: $2,190,606Net Income 2016: -$1,294,5072016Revenue 2017: $1,972,931Expenses 2017: $2,324,793Net Income 2017: -$351,8622017Revenue 2018: $707,553Expenses 2018: $1,620,267Net Income 2018: -$912,7142018Revenue 2019: $96,063Expenses 2019: $2,279,521Net Income 2019: -$2,183,4582019Revenue 2020: $770,208Expenses 2020: $2,082,701Net Income 2020: -$1,312,4932020Revenue 2021: $1,571,590Expenses 2021: $2,283,620Net Income 2021: -$712,0302021Revenue 2022: $151,983Expenses 2022: $420,551Net Income 2022: -$268,5682022Revenue 2023: $207,724Expenses 2023: $826,183Net Income 2023: -$618,4592023Revenue 2024: -$1,039,362Expenses 2024: $34,783Net Income 2024: -$1,074,1452024

Highlighted filing

2024

Revenue-$1,039,362
Expenses$34,783
Net Income-$1,074,145

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.73$1.26$7.47$1.04$0.03$1.07
2023Detailed filing. Detailed filing data is available for this year.$5.42$2.78$2.63$0.21$0.83$0.62
2022Detailed filing. Detailed filing data is available for this year.$7.11$6.81$0.30$0.15$0.42$0.27
2021Detailed filing. Detailed filing data is available for this year.$5.66$6.54$0.88$1.57$2.28$0.71
2020Detailed filing. Detailed filing data is available for this year.$5.66$5.78$0.12$0.77$2.08$1.31
2019Detailed filing. Detailed filing data is available for this year.$5.90$6.04$0.14$0.10$2.28$2.18
2018Detailed filing. Detailed filing data is available for this year.$4.67$3.21$1.47$0.71$1.62$0.91
2017Detailed filing. Detailed filing data is available for this year.$5.18$2.82$2.36$1.97$2.32$0.35
2016Detailed filing. Detailed filing data is available for this year.$5.38$2.00$3.37$0.90$2.19$1.29
2015Detailed filing. Detailed filing data is available for this year.$5.63$0.96$4.67$0.61$1.67$1.07
2014Detailed filing. Detailed filing data is available for this year.$8.14$0.28$7.86$2.32$1.59$0.72
2013Summary only. Only limited summary data is available for this year.$7.13$0.02$7.11$1.02$0.19$0.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.30$0.02$6.28$0.29
2011Summary only. Only limited summary data is available for this year.$6.53$0.04$6.49$0.04$0.25$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.80$0.04$6.77$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Oct 14, 2025
Return Version
2023v6.0
Gross Receipts
$126,582
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

To encourage, organize, and execute economic development projects for the Tule River Indian Tribe and give tribal members a place for employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,435,132$4,707,674▲ $3,272,542
Cash and Non-Interest-Bearing Accounts$3,973,212$3,978,827▲ $5,615
Accounts Receivable$8,971$41,009▲ $32,038
Inventories for Sale or Use-$4,964-
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-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,417,315$8,732,474▲ $3,315,159
Other Assets Total-$0-
Liabilities
Other Liabilities$2,746,012$1,187,427▼ $1,558,585
Accounts Payable and Accrued Expenses$37,891$75,888▲ $37,997
Total Liabilities$2,783,903$1,263,315▼ $1,520,588
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,435,132$4,707,674▲ $3,272,542
Net Assets Without Donor Restrictions$1,198,280$2,761,485▲ $1,563,205
Total Net Assets Fund Balance$2,633,412$7,469,159▲ $4,835,747
Total Liabilities and Net Assets / Fund Balance$5,417,315$8,732,474▲ $3,315,159

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,853,887$6,500,046$9,353,933
Other Land Buildings$1,168,787$1,404,843$2,573,630
Land$685,000-$685,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-1,039,362
Change in Net Assets
$-1,074,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,783
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$891--$891
All Other Expenses$475--$475
Total Functional Expenses$34,783$0$0$34,783
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to other funds$1,177,427
Accrued Liabilities$10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Appropriate personnel of the organization review the tax return prior to filing.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Tule River Economic Development Corp
EIN
77-0262973
Phone
5592020417
Address
31071 Highway 190, Porterville, CA 93257

Signing Officer

Name
Neil Peyron
Title
Chairman
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
9
Independent Board Members
0
Employees
0

Preparer

Firm
SilverCloud Consulting LLC
Address
9625 Boulder Creek Ln, Reno, NV 89521
Preparer
Nick Adamo CPA
Phone
7757109050
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Transfers In = $5909892

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IRS990/OtherExpensesGrp/ProgramServicesAmt3891
IRS990/OtherExpensesGrp/TotalAmt020036
IRS990/OtherExpensesGrp/TotalAmt112226
IRS990/OtherExpensesGrp/TotalAmt21155
IRS990/OtherExpensesGrp/TotalAmt3891
IRS990/OtherLiabilitiesGrp/BOYAmt02746012
IRS990/OtherLiabilitiesGrp/EOYAmt01187427
IRS990/OtherRevenueMiscGrp/Desc0Oak Pit Steak House
IRS990/OtherRevenueMiscGrp/Desc1Tule River Graphics
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014747
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt125000
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt014747
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt125000
IRS990/OtherRevenueTotalAmt039747
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
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/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04188
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0826183
IRS990/PYProgramServiceRevenueAmt0203536
IRS990/PYRevenuesLessExpensesAmt0-618459
IRS990/PYTotalExpensesAmt0826183
IRS990/PYTotalRevenueAmt0207724
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1074145
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-1079109
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt019711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0698151
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt037311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0761370
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0761370
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt019711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04188
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02009
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0698151
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037311
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0761370
IRS990ScheduleA/TotalSupportAmt0761370
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02853887
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06500046
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09353933
IRS990ScheduleD/LandGrp/BookValueAmt0685000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0685000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01168787
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01404843
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02573630
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11177427
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to other funds
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04707674
IRS990ScheduleD/TotalLiabilityAmt01187427
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0APPROPRIATE PERSONNEL OF THE ORGANIZATION REVIEW THE TAX RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Transfers In = $5909892
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05417315
IRS990/TotalAssetsEOYAmt08732474
IRS990/TotalAssetsGrp/BOYAmt05417315
IRS990/TotalAssetsGrp/EOYAmt08732474
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt034783
IRS990/TotalFunctionalExpensesGrp/TotalAmt034783
IRS990/TotalGrossUBIAmt0-1039362
IRS990/TotalLiabilitiesBOYAmt02783903
IRS990/TotalLiabilitiesEOYAmt01263315
IRS990/TotalLiabilitiesGrp/BOYAmt02783903
IRS990/TotalLiabilitiesGrp/EOYAmt01263315
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02633412
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07469159
IRS990/TotalProgramServiceExpensesAmt034783
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-1039362
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-1039362
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05417315
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08732474
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt031071 Highway 190
IRS990/USAddress/CityNm0Porterville
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093257
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Neil Peyron
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Tule River Economic Development Corp
ReturnHeader/Filer/BusinessNameControlTxt0TULE
ReturnHeader/Filer/EIN0770262973
ReturnHeader/Filer/PhoneNum05592020417
ReturnHeader/Filer/USAddress/AddressLine1Txt031071 Highway 190
ReturnHeader/Filer/USAddress/CityNm0Porterville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093257
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0883043420
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SilverCloud Consulting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09625 Boulder Creek Ln
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Reno
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089521
ReturnHeader/PreparerPersonGrp/PhoneNum07757109050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Nick Adamo CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-14T15:29:57-07:00

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