Civic Intelligence

Fork Real Community Cafe Inc.

990 • Fiscal year 2022 • EIN 81-3611770

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

324 St Joseph StRapid City, SD 57701

(605) 718-5020

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

53rd percentile

6.8%

Higher net margin than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$50,232

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

56th percentile

16%

Faster revenue growth than 56% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$172,543

Up $24,944 (+17%) from 2021

Net Assets

Up

$167,529

Up $28,134 (+20%) from 2021

Liabilities

Down

$5,014

Down $3,190 (-39%) from 2021

Revenue

Up

$451,273

Up $63,713 (+16%) from 2021

Expenses

Up

$420,790

Up $77,568 (+23%) from 2021

Net Income

Down

$30,483

Down $13,855 (-31%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $16,011Liabilities 2017: $2,274Net Assets 2017: $13,7372017Assets 2018: $43,850Liabilities 2018: $528Net Assets 2018: $43,3222018Assets 2019: $52,565Liabilities 2019: $6,091Net Assets 2019: $46,4742019Assets 2020: $99,433Liabilities 2020: $5,919Net Assets 2020: $93,5142020Assets 2021: $147,599Liabilities 2021: $8,204Net Assets 2021: $139,3952021Assets 2022: $172,543Liabilities 2022: $5,014Net Assets 2022: $167,5292022Assets 2023: $242,066Liabilities 2023: $9,431Net Assets 2023: $232,6352023Assets 2024: $433,708Liabilities 2024: $961Net Assets 2024: $432,7472024

Highlighted filing

2022

Assets$172,543
Liabilities$5,014
Net Assets$167,529

Operations Trend

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

$1.0M$500K$0Revenue 2017: $72,048Expenses 2017: $60,145Net Income 2017: $11,9032017Revenue 2018: $172,779Expenses 2018: $143,194Net Income 2018: $29,5852018Revenue 2019: $286,168Expenses 2019: $283,015Net Income 2019: $3,1532019Revenue 2020: $336,579Expenses 2020: $294,061Net Income 2020: $42,5182020Revenue 2021: $387,560Expenses 2021: $343,222Net Income 2021: $44,3382021Revenue 2022: $451,273Expenses 2022: $420,790Net Income 2022: $30,4832022Revenue 2023: $609,536Expenses 2023: $545,564Net Income 2023: $63,9722023Revenue 2024: $815,279Expenses 2024: $616,307Net Income 2024: $198,9722024

Highlighted filing

2022

Revenue$451,273
Expenses$420,790
Net Income$30,483
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$460,275
Mission and Program Overview

Mission

To provide inclusive community, healthy, and affordable food for all people regardless of means, to provide vocational training in the food service industry for those who wouldn't have an opportunity for such training, and to provide a place for the local community to meet, share meals, and engage in discussion, outreach, public service, and worship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$116,126$125,765▲ $9,639
Land, Buildings, and Equipment, Net$10,721$18,035▲ $7,314
Accounts Receivable$3,989$14,781▲ $10,792
Investments in Publicly Traded Securities$16,763$13,962▼ $2,801
Total Assets$147,599$172,543▲ $24,944
Liabilities
Accounts Payable and Accrued Expenses$8,204$5,014▼ $3,190
Total Liabilities$8,204$5,014▼ $3,190
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$139,395$167,529▲ $28,134
Total Net Assets Fund Balance$139,395$167,529▲ $28,134
Total Liabilities and Net Assets / Fund Balance$147,599$172,543▲ $24,944

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,035$22,935$40,970

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$16,763-▼ $2,591-$13,962
2021$14,838-▲ $2,151-$16,763
2020-$10,000▲ $4,934-$14,838
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rhonda PearcyExecutive DirectorFT$50,022$210$50,232

Board Members and Trustees

NameTitle
Korrin LeonardChair
David PearcyBoard Member
Jessica HartBoard Member
Kara BenjaminBoard Member
Tracy KalvedtSecretary
Wade PavlicekTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$182,071
Program Service Revenue
$275,335
Investment Income
$-242
Other Revenue
$-5,891
All Other Contributions
$156,941
Change in Net Assets
$30,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$230,965
Salaries, Compensation, and Employee Benefits$146,501
Grants and Similar Amounts Paid$43,324
Total Fundraising Expense$2,169
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$84,935--$84,935
Occupancy$57,254--$57,254
Current Officers, Directors, Trustees, and Key Employees$10,549$37,674$2,009$50,232
Grants to Domestic Individuals$29,594--$29,594
Advertising$10,158$17,095-$27,253
Grants to Domestic Orgs$13,730--$13,730
Travel$10,944$1,265-$12,209
Payroll Taxes$7,591$2,995$160$10,746
Information Technology-$6,311-$6,311
Depreciation Depletion$5,936--$5,936
Office Expenses-$4,801-$4,801
Fees for Services Accounting-$2,766-$2,766
Insurance-$2,352-$2,352
Other Expenses$1,381$9,682-$1,381
Other Employee Benefits$588--$588
Fees for Service Investment Mgmnt Fees-$210-$210
Total Functional Expenses$333,470$85,151$2,169$420,790
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
South Dakota Ellsworth Development AuthorityRapid City, SDGovTo Provide Catering for Air Show$5,802
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,507
Fundraising Gross Income$286
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
CHEF'S DINNER AUCTION$25,416$286$7,421$-7,135
Total Events$25,416$286$8,507$-8,221
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
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The executive director's spouse is a board member.

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

Board members review 990 at board meeting before the return is submitted.

Form 990, Part VI, Section B, Line 15

Board members review the compensatory rates in relation to state and local rates.

Form 990, Part VI, Section C, Line 19

The governing organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Fork Real Community Cafe Inc
EIN
81-3611770
Phone
6057185020
Address
324 ST JOSEPH ST, RAPID CITY, SD 57701

Signing Officer

Name
David Pearcy
Title
Vice President
Phone
6057185020
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Pearcy
Formed
2017
Legal Domicile
Sd
Voting Board Members
6
Independent Board Members
5
Employees
14
Volunteers
288

Preparer

Firm
Casey Peterson Ltd
Address
909 ST JOSEPH ST STE 101, RAPID CITY, SD 57701
Preparer
Deidre Budahl CPA
Phone
6053481930
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The organization's endowment funds are intended to assure the long-term stability of the organization.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0182071
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0172882
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0139628
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt097167
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt089032
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0680780
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02583
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02328
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01054
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0840
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0162472
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0133153
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0157002
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0151762
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt037816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0642205
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02583
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02328
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01054
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0840
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06805
IRS990ScheduleA/InvestmentIncomeCYPct00.00510
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99490
IRS990ScheduleA/PublicSupportTotal509Amt01322985
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0344543
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0306035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0296630
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0248929
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0126848
IRS990ScheduleA/Total509Grp/TotalAmt01322985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0347126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0308363
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0297684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0249769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0126848
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01329790
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.71626
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0210
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt016763
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt013962
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2591
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0226
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt014838
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt016763
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02151
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt096
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt014838
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04934
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt018035
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022935
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt040970
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.28374
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO ASSURE THE LONG-TERM STABILITY OF THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018035
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025130
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt025130
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08507
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHEF'S DINNER AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0286
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0286
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt025416
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt025416
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0286
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0286
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-8221
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07421
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07421
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0800
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0800
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MEALS PROVIDED TO INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt029594
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0MEALS PROVIDED TO INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02959
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0SUPPLIES COSTS
IRS990ScheduleI/RecipientTable/CashGrantAmt05802
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0CATERING FOR AIR SHOW
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE CATERING FOR AIR SHOW
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SOUTH DAKOTA ELLSWORTH DEVELOPMENT AUTHORITY
IRS990ScheduleI/RecipientTable/RecipientEIN0271166754
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 477
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RAPID CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057709
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR'S SPOUSE IS A BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS REVIEW 990 AT BOARD MEETING BEFORE THE RETURN IS SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS REVIEW THE COMPENSATORY RATES IN RELATION TO STATE AND LOCAL RATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00

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