Civic Intelligence

Stronger Than Ever

990 • Fiscal year 2021 • EIN 82-2906615

Jan 01, 2021 to Dec 31, 2021 • Filed on May 24, 2022

1423 Red Ventures DrFort Mill, SC 29707

(704) 910-8817

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

21st percentile

0.03x

Higher debt load relative to revenue than 21% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

95th percentile

80%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

7th percentile

-8.9%

Faster asset growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

1906%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$5,365,591

Down $522,660 (-8.9%) from 2020

Net Assets

Down

$5,353,281

Down $523,928 (-8.9%) from 2020

Liabilities

Up

$12,310

Up $1,268 (+11%) from 2020

Revenue

Up

$403,764

Up $383,636 (+1906%) from 2020

Expenses

Up

$82,621

Up $37,478 (+83%) from 2020

Net Income

Up

$321,143

Up $346,158 (+1384%) from 2020

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2017: $3,141,823Liabilities 2017: $0Net Assets 2017: $3,141,8232017Assets 2018: $5,938,283Liabilities 2018: $0Net Assets 2018: $5,938,2832018Assets 2019: $5,373,775Liabilities 2019: $1,551Net Assets 2019: $5,372,2242019Assets 2020: $5,888,251Liabilities 2020: $11,042Net Assets 2020: $5,877,2092020Assets 2021: $5,365,591Liabilities 2021: $12,310Net Assets 2021: $5,353,2812021Assets 2022: $4,331,329Liabilities 2022: $18,690Net Assets 2022: $4,312,6392022Assets 2023: $4,197,883Liabilities 2023: $5,864Net Assets 2023: $4,192,0192023Assets 2024: $6,424,805Liabilities 2024: $0Net Assets 2024: $6,424,8052024

Highlighted filing

2021

Assets$5,365,591
Liabilities$12,310
Net Assets$5,353,281

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $1,709,917Expenses 2017: $225,000Net Income 2017: $1,484,9172017Revenue 2018: $738,465Expenses 2018: $93,965Net Income 2018: $644,5002018Revenue 2019: -$226,979Expenses 2019: $339,080Net Income 2019: -$566,0592019Revenue 2020: $20,128Expenses 2020: $45,143Net Income 2020: -$25,0152020Revenue 2021: $403,764Expenses 2021: $82,621Net Income 2021: $321,1432021Revenue 2022: $736,407Expenses 2022: $173,942Net Income 2022: $562,4652022Revenue 2023: $471,428Expenses 2023: $592,048Net Income 2023: -$120,6202023Revenue 2024: $437,499Expenses 2024: $55,664Net Income 2024: $381,8352024

Highlighted filing

2021

Revenue$403,764
Expenses$82,621
Net Income$321,143
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 24, 2022
Return Version
2021v4.2
Gross Receipts
$3,100,687
Mission and Program Overview

Mission

Rebuild puerto rico was organized with the mission of rebuilding puerto rico after the pass of hurricane maria in september 2017. The organization aims to provide relief to the victims by helping rebuild puerto rico.

To provide funding to rebuild homes and infrastructure following hurricane maria

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,600,256$3,183,524▼ $416,732
Other Notes and Loans Receivable, Net-$1,596,311-
Accounts Receivable-$235,761-
Total Assets$5,888,251$5,365,591▼ $522,660
Other Assets Total$2,287,995$349,995▼ $1,938,000
Liabilities
Accounts Payable and Accrued Expenses$11,042$12,310▲ $1,268
Total Liabilities$11,042$12,310▲ $1,268
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,877,209$5,353,281▼ $523,928
Total Net Assets Fund Balance$5,877,209$5,353,281▼ $523,928
Total Liabilities and Net Assets / Fund Balance$5,888,251$5,365,591▼ $522,660

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$235,995--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ric EliasPresident
Melinda NarciscoSecretary
Mark BrodskyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$403,764
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$403,764
Change in Net Assets
$321,143

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other14$401,000Fair Market Value (FMV)
Total Noncash Contributions14$401,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$403,764
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,540
Total Revenue per Audited Statements
$412,304
Total Revenue per Form 990
$403,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$82,621
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
Fees for Services Other$74,595--$74,595
Other Expenses-$4,385-$4,385
Office Expenses$3,641--$3,641
Total Functional Expenses$78,236$4,385$0$82,621

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$91,161
Expenses per Audited Statements$82,621
Total Expenses per Form 990$82,621
Expenses Not Reported on Form 990$8,540
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 officers and directors are related to one another through existing business relationships at red ventures, llc ("red ventures"). Ric elias is the chief executive officer of red ventures. Mark brodsky is the chief financial officer of red ventures. Melinda narciso is the executive vice president - human resources of red ventures.

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

Finance committee will meet with auditors to review return in detail. The return will then be made available to all board members for a week to review and ask questions or raise concerns. The return will be filed after completion of the board review period.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is provided to each board member at orientation and again annually. There is a full discussion of the policy annually, and each board member is asked to sign a statement of understanding of the policy. Those statements are kept on file, and referred to on a periodic basis.

Form 990, Part VI, Section C, Line 19

Rebuild puerto rico makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Stronger Than Ever
EIN
82-2906615
Phone
7049108817
Address
1423 RED VENTURES DR, FORT MILL, SC 29707

Signing Officer

Name
Mark Brodsky
Title
Vice President
Phone
7049108817
Signed
2022-05-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Brodsky
Formed
2017
Legal Domicile
Sc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Red Ventures
Address
1423 RED VENTURES DRIVE, FORT MILL, SC 29707
Preparer
Margaret Wheeler
Phone
7049712300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 74,595. Management and general expenses 0. Fundraising expenses 0. Total expenses 74,595.

FORM 990, PART XI, LINE 9:

Sold - bargain discounts -845,071.

Financial Statement Notes

PART X, LINE 2:

The organization is a nonprofit organization and is exempt from income tax under section 501(c)(3) of the internal revenue code with respect to its exempt function income. The organization is not a private foundation as defined by section 509(a) of the internal revenue code. The organization's income tax returns are subject to review and examination by federal, state, and local authorities. The organization is not aware of any activities that would jeopardize its tax-exempt status. The organization is not aware of any activities that are subject to tax on unrelated business income or excise or other taxes. Generally accepted accounting principles require an organization to recognize a tax benefit or expense from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the tax authorities, based on the technical merits of the position. Management believes the organization had no uncertain tax positions as of december 31, 2020 and december 31, 2019.

Raw XML Appendix331 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/MissionDesc0REBUILD PUERTO RICO WAS ORGANIZED WITH THE MISSION OF REBUILDING PUERTO RICO AFTER THE PASS OF HURRICANE MARIA IN SEPTEMBER 2017. THE ORGANIZATION AIMS TO PROVIDE RELIEF TO THE VICTIMS BY HELPING REBUILD PUERTO RICO.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE WITH RESPECT TO ITS EXEMPT FUNCTION INCOME. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE AN ORGANIZATION TO RECOGNIZE A TAX BENEFIT OR EXPENSE FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT BELIEVES THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2020 AND DECEMBER 31, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OFFICERS AND DIRECTORS ARE RELATED TO ONE ANOTHER THROUGH EXISTING BUSINESS RELATIONSHIPS AT RED VENTURES, LLC ("RED VENTURES"). RIC ELIAS IS THE CHIEF EXECUTIVE OFFICER OF RED VENTURES. MARK BRODSKY IS THE CHIEF FINANCIAL OFFICER OF RED VENTURES. MELINDA NARCISO IS THE EXECUTIVE VICE PRESIDENT - HUMAN RESOURCES OF RED VENTURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCE COMMITTEE WILL MEET WITH AUDITORS TO REVIEW RETURN IN DETAIL. THE RETURN WILL THEN BE MADE AVAILABLE TO ALL BOARD MEMBERS FOR A WEEK TO REVIEW AND ASK QUESTIONS OR RAISE CONCERNS. THE RETURN WILL BE FILED AFTER COMPLETION OF THE BOARD REVIEW PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS PROVIDED TO EACH BOARD MEMBER AT ORIENTATION AND AGAIN ANNUALLY. THERE IS A FULL DISCUSSION OF THE POLICY ANNUALLY, AND EACH BOARD MEMBER IS ASKED TO SIGN A STATEMENT OF UNDERSTANDING OF THE POLICY. THOSE STATEMENTS ARE KEPT ON FILE, AND REFERRED TO ON A PERIODIC BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REBUILD PUERTO RICO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 74,595. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,595.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOLD - BARGAIN DISCOUNTS -845,071.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05888251
IRS990/TotalAssetsEOYAmt05365591
IRS990/TotalAssetsGrp/BOYAmt05888251
IRS990/TotalAssetsGrp/EOYAmt05365591
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0403764
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04385
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt078236
IRS990/TotalFunctionalExpensesGrp/TotalAmt082621
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011042
IRS990/TotalLiabilitiesEOYAmt012310
IRS990/TotalLiabilitiesGrp/BOYAmt011042
IRS990/TotalLiabilitiesGrp/EOYAmt012310
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05877209
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05353281
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt078236
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0403764
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05888251
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05365591
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01423 RED VENTURES DR
IRS990/USAddress/CityNm0FORT MILL
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029707
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.REBUILD-PUERTORICO.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK BRODSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07049108817
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STRONGER THAN EVER
ReturnHeader/Filer/BusinessNameControlTxt0STRO
ReturnHeader/Filer/EIN0822906615
ReturnHeader/Filer/PhoneNum07049108817
ReturnHeader/Filer/USAddress/AddressLine1Txt01423 RED VENTURES DR
ReturnHeader/Filer/USAddress/CityNm0FORT MILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029707
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824786421
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RED VENTURES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01423 RED VENTURES DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT MILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029707
ReturnHeader/PreparerPersonGrp/PhoneNum07049712300
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARGARET WHEELER
ReturnHeader/ReturnTs02022-05-24T14:06:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BRODSKY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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