Civic Intelligence

Rhedcloud Foundation Inc

990EZ • Fiscal year 2019 • EIN 83-3944102

Sep 01, 2018 to Aug 31, 2019

Decatur, GA
Siviq Scores

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

Liabilities / Assets

96th percentile

0.93x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

1.54x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$103,933

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

$96,604

No earlier filing loaded for comparison.

Revenue

$62,689

No earlier filing loaded for comparison.

Expenses

$55,360

No earlier filing loaded for comparison.

Net Income

$7,329

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.

$200K$100K$0-$100KAssets 2019: $103,933Liabilities 2019: $96,6042019Assets 2020: $134,340Liabilities 2020: $168,716Net Assets 2020: -$34,3762020Assets 2021: $33,339Liabilities 2021: $417Net Assets 2021: $32,9222021Assets 2022: $32,784Liabilities 2022: $346Net Assets 2022: $32,4382022Assets 2023: $5,670Liabilities 2023: $0Net Assets 2023: $5,6702023

Highlighted filing

2019

Assets$103,933
Liabilities$96,604
Net Assets-

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $62,689Expenses 2019: $55,360Net Income 2019: $7,3292019Revenue 2020: $388,375Expenses 2020: $430,080Net Income 2020: -$41,7052020Revenue 2021: $119,161Expenses 2021: $51,863Net Income 2021: $67,2982021Revenue 2022: $10,259Expenses 2022: $10,743Net Income 2022: -$4842022Revenue 2023: $247Expenses 2023: $27,015Net Income 2023: -$26,7682023

Highlighted filing

2019

Revenue$62,689
Expenses$55,360
Net Income$7,329
Filing Detail Status

This 2019 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Mission and Program Overview

Mission

The primary activities of rhedcloud foundation inc. (the "foundation") are research and education. The "rhed" in the foundation's name stands for research, healthcare and higher education. The foundation's activities are focused on advancing research, healthcare and higher education cloud computing with enhanced security, compliance and integration. Every user and provider of the cloud has a need to assess risk and specify controls for services in cloud platforms. The foundation's activities will assist in solving the common issues amongst cloud users and providers. Such issues include: (1) security measures for various compliance requirements through risk assessments and countermeasures; (2) common implementation of security measures in an extensible framework; and (3) the provisioning, integration, and administration of such systems into the framework or structure of the business. The foundation's activities will benefit a wide range of individuals and entities, including higher educ

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