Civic Intelligence

River Mist Inc.

990 • Fiscal year 2024 • EIN 81-2209237

Jan 01, 2024 to Dec 31, 2024 • Filed on Jul 07, 2025

2441 Cr 225Durango, CO 81301

(970) 385-4098

Siviq Scores

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

Liabilities / Assets

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

40th percentile

-0.6%

Higher net margin than 40% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$87,524

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 20.1% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

12th percentile

-47%

Faster asset growth than 12% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-17%

Faster revenue growth than 28% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$48,414

Down $42,866 (-47%) from 2023

Net Assets

Down

$33,712

Down $56,220 (-63%) from 2023

Liabilities

Up

$14,702

Up $13,354 (+991%) from 2023

Revenue

Down

$435,946

Down $87,770 (-17%) from 2023

Expenses

Up

$438,558

Up $2,114 (+0.5%) from 2023

Net Income

Down

-$2,612

Down $89,884 (-103%) from 2023

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2013: $1Liabilities 2013: $02013Assets 2014: $1Liabilities 2014: $02014Assets 2015: $1Liabilities 2015: $02015Assets 2018: $23,346Liabilities 2018: $922Net Assets 2018: $22,4242018Assets 2019: $34,923Liabilities 2019: $8,127Net Assets 2019: $26,7962019Assets 2020: $13,241Liabilities 2020: $24,479Net Assets 2020: -$11,2382020Assets 2022: $35,169Liabilities 2022: $20,419Net Assets 2022: $14,7502022Assets 2023: $91,280Liabilities 2023: $1,348Net Assets 2023: $89,9322023Assets 2024: $48,414Liabilities 2024: $14,702Net Assets 2024: $33,7122024

Highlighted filing

2024

Assets$48,414
Liabilities$14,702
Net Assets$33,712

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2018: $300,692Expenses 2018: $282,333Net Income 2018: $18,3592018Revenue 2019: $316,828Expenses 2019: $291,963Net Income 2019: $24,8652019Revenue 2020: $240,975Expenses 2020: $271,144Net Income 2020: -$30,1692020Revenue 2022: $335,655Expenses 2022: $340,000Net Income 2022: -$4,3452022Revenue 2023: $523,716Expenses 2023: $436,444Net Income 2023: $87,2722023Revenue 2024: $435,946Expenses 2024: $438,558Net Income 2024: -$2,6122024

Highlighted filing

2024

Revenue$435,946
Expenses$438,558
Net Income-$2,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 7, 2025
Return Version
2024v5.2
Gross Receipts
$436,031
Mission and Program Overview

Mission

River Mist Inc operates a todder pogram providing care and education for children 1-3 years of age, in a rural environment.

Early Childhood Education Center

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$89,932$33,712▼ $56,220
Cash and Non-Interest-Bearing Accounts$56,738$11,175▼ $45,563
Intangible Assets$1,221$3,789▲ $2,568
Receivables From Officers Etc-$2,500-
Other Notes and Loans Receivable, Net-$1,493-
Savings and Temporary Cash Investments$3,343$137▼ $3,206
Accounts Receivable$0--
Total Assets$91,280$48,414▼ $42,866
Other Assets Total$29,978$29,320▼ $658
Liabilities
Accounts Payable and Accrued Expenses$1,348$14,702▲ $13,354
Other Liabilities-$0-
Total Liabilities$1,348$14,702▲ $13,354
Net Assets / Fund Balance
Total Net Assets Fund Balance$89,932$33,712▼ $56,220
Total Liabilities and Net Assets / Fund Balance$91,280$48,414▼ $42,866

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$-5,306--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer TewExecutive DirectorFT$87,524$87,524
Revenue and Support

Revenue Composition

Contributions and Grants
$56,663
Program Service Revenue
$378,705
Investment Income
$0
Other Revenue
$578
All Other Contributions
$32,000
Change in Net Assets
$-2,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$297,384
Other Expenses$141,174
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$186,756$0$0$186,756
Current Officers, Directors, Trustees, and Key Employees$87,524$0$0$87,524
Occupancy$56,762$0$0$56,762
Payroll Taxes$23,104$0$0$23,104
All Other Expenses$15,490$0$0$15,490
Fees for Services Accounting$6,650$0$0$6,650
Depreciation Depletion$3,759$0$0$3,759
Office Expenses$2,575$0$0$2,575
Fees for Services Legal$2,181$0$0$2,181
Fees for Services Management$845$0$0$845
Advertising$829$0$0$829
Other Expenses$679$0$0$679
Payment Travel Entrtnmnt Publicly Ofcl$604$0$0$604
Information Technology$148$0$0$148
Total Functional Expenses$438,558$0$0$438,558
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$663
Fundraising Direct Expenses$85
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 Officers, Directors, Trustees, and Key Employees-$2,500-
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
River Mist Inc
EIN
81-2209237
Phone
9703854098
Address
2441 CR 225, Durango, CO 81301

Signing Officer

Name
Dennis Casto
Title
President
Phone
9703854098
Signed
2025-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Casto
Formed
2015
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
13
Volunteers
20

Preparer

Firm
BPX Durango Inc
Address
1211 Main Ave Unit 1, Durango, CO 81301
Preparer
Penny Fisher EA
Phone
9707496063
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Members will receive a copy of the 2023 990 at the before submission.

Pt VI, Line 15A

There were 5 voting members of the Board on 12/31/23

Pt VI, Line 15B

All Voting members were independent. Jennifer Tew as Executive Director, is not a voting member.

Pt VIII

The Secretary of the Board, Hailee Dover, documented minutes for almost every Board meeting held in 2020. (upon her absence, Jennifer Tew filled in) All Board meeting minutes are kept in a notebook on site that is available to the public for review. Human resource issues are documented separately and are not made public to protect the privacy of employees, but they are shared with all members and the executive Director.

Pt XII, Line 1

River Mist would like to report on a Cash Basis

Pt XII, Line 2C

River Mist does not maintain a separate committee which oversees finances. The Board of Directors performs the oversight. There is a Treasurer. Jennifer Macho-Seekins, the acting Board Treasurer, has professional experience in finance and offers information and guidance to the Board. The tax professional, Penny Fisher, EA, was chosen by Jennifer Tew, The Executive Director, and approved by the Board of Directors. The payroll and payroll taxes are processed by ASAP Payroll service.

Pt XI

Non-profit was an S-Corporation before it became a

Pt XI

non-profit. The loans to the shareholders were forgiven as

Pt XI

were the Equity balances. This changed the Retained Earning

Pt XI

on the Balance Sheet.

Pt XI

Government COVID Monies

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IRS990/Desc0Families, primarily w/ 2 wage earners, depend on River Mist to provide a safe & healthy place for young children whom may or may not have developed language. River Mist is located on 4.5 acres w/ several different micro ecosystems (an orchard, a river). We utilize our outdoor space daily and in the summer, we build various outdoor spaces for our toddlers to learn and play. Using Creative Curriculum to ensure supportive development w/ developmentally appropriate practice and Teaching Strategies GOLD for assessment. Our staff is continuously trained in these programs along w/ NAEYC standards, Colorado Shines, and in-house training. Many families choose River Mist due to the outdoor education and lovely environment.
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IRS990/ProgSrvcAccomActy3Grp/Desc0River Mist River Mist Inc is unique among preschools, we integrate a traditional preschool program with outdoor education. During the pandemic River Mist was able to invest in tents, outdoor furniture and toys in order to spend the majority of the time outside during the warmer months. This practice was so successful, we will continue it after the pandemic ends. Our children thrive in development and learning due to the hands on playful activities connected to the natural world. River Mist grows a large garden every year and teaches the children how to plant and grow food. We harvest the garden, the orchard and use the food for snacks. Bringing a natural process of seed to table food education to the children. We are proud of our workand even more proud of how our work enables our children to thrive and have joy about learning.
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc4accum Depr
IRS990ScheduleD/TotalBookValueOtherAssetsAmt029320
IRS990ScheduleD/TotalLiabilityAmt00
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/ExplanationTxt0River Mist has a nondiscriminatory policy and this is communicated in employment advertising (EOE)and on our employment Application, it says: We are an equal opportunity employer, dedicated to a policy of non-discrimination on any basis. Our nondiscriminatory policy has also been adopted by the The following statement was added to the Parent Handbook
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1River Mist has a nondiscriminatory policy and this is communicated in employment advertising (EOE)and on our employment Application, it says: We are an equal opportunity employer, dedicated to a policy of non-discrimination on any basis. Our nondiscriminatory policy has also been adopted by the and enrollment packet, and was distributed to families
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2River Mist has a nondiscriminatory policy and this is communicated in employment advertising (EOE)and on our employment Application, it says: We are an equal opportunity employer, dedicated to a policy of non-discrimination on any basis. Our nondiscriminatory policy has also been adopted by the enrolled before the language was added to our documents
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt3River Mist has a nondiscriminatory policy and this is communicated in employment advertising (EOE)and on our employment Application, it says: We are an equal opportunity employer, dedicated to a policy of non-discrimination on any basis. Our nondiscriminatory policy has also been adopted by the River Mist offers enrollment to all chilren, regardless of
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt4River Mist has a nondiscriminatory policy and this is communicated in employment advertising (EOE)and on our employment Application, it says: We are an equal opportunity employer, dedicated to a policy of non-discrimination on any basis. Our nondiscriminatory policy has also been adopted by the race, sex, religion, or creed and does not discriminate
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt5River Mist has a nondiscriminatory policy and this is communicated in employment advertising (EOE)and on our employment Application, it says: We are an equal opportunity employer, dedicated to a policy of non-discrimination on any basis. Our nondiscriminatory policy has also been adopted by the against children or their families on the basis of any of
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt6River Mist has a nondiscriminatory policy and this is communicated in employment advertising (EOE)and on our employment Application, it says: We are an equal opportunity employer, dedicated to a policy of non-discrimination on any basis. Our nondiscriminatory policy has also been adopted by the these. Our non-discriminatory policy has also been adopted by the Board in their bylaws
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc4Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc5Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc6Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members will receive a copy of the 2023 990 at the before submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There were 5 voting members of the Board on 12/31/23
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All Voting members were independent. Jennifer Tew as Executive Director, is not a voting member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Secretary of the Board, Hailee Dover, documented minutes for almost every Board meeting held in 2020. (upon her absence, Jennifer Tew filled in) All Board meeting minutes are kept in a notebook on site that is available to the public for review. Human resource issues are documented separately and are not made public to protect the privacy of employees, but they are shared with all members and the executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4River Mist would like to report on a Cash Basis
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5River Mist does not maintain a separate committee which oversees finances. The Board of Directors performs the oversight. There is a Treasurer. Jennifer Macho-Seekins, the acting Board Treasurer, has professional experience in finance and offers information and guidance to the Board. The tax professional, Penny Fisher, EA, was chosen by Jennifer Tew, The Executive Director, and approved by the Board of Directors. The payroll and payroll taxes are processed by ASAP Payroll service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Non-profit was an S-Corporation before it became a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7non-profit. The loans to the shareholders were forgiven as
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8were the Equity balances. This changed the Retained Earning
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9on the Balance Sheet.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Government COVID Monies
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VIII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt XI
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt091280
IRS990/TotalAssetsEOYAmt048414
IRS990/TotalAssetsGrp/BOYAmt091280
IRS990/TotalAssetsGrp/EOYAmt048414
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt056663
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0438558
IRS990/TotalFunctionalExpensesGrp/TotalAmt0438558
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01348
IRS990/TotalLiabilitiesEOYAmt014702
IRS990/TotalLiabilitiesGrp/BOYAmt01348
IRS990/TotalLiabilitiesGrp/EOYAmt014702
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt089932
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt033712
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0438558
IRS990/TotalProgramServiceRevenueAmt0378705
IRS990/TotalReportableCompFromOrgAmt087524
IRS990/TotalRevenueGrp/ExclusionAmt0578
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0378705
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0435946
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt091280
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt048414
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02441 CR 225
IRS990/USAddress/CityNm0durango
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd081301
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dennis Casto
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09703854098
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0River Mist Inc
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0812209237
ReturnHeader/Filer/PhoneNum09703854098
ReturnHeader/Filer/USAddress/AddressLine1Txt02441 CR 225
ReturnHeader/Filer/USAddress/CityNm0Durango
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081301
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465727194
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BPX Durango Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01211 Main Ave Unit 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Durango
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO

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