Civic Intelligence

Golden Spread Rural Frontier Coalition

990 • Fiscal year 2016 • EIN 85-0450733

Jan 01, 2016 to Dec 31, 2016 • Filed on May 18, 2017

PO Box 96Clayton, NM 88415

(575) 374-6207

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

47th percentile

0.08x

Higher debt load relative to revenue than 47% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Net Margin

18th percentile

-7.5%

Higher net margin than 18% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

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

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Asset Growth

100th percentile

1815%

Faster asset growth than 100% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

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

Annualized from 2015 to 2016

Assets

Up

$2,373,851

Up $2,249,915 (+1815%) from 2015

Net Assets

Up

$2,316,397

Up $2,316,397 from 2015

Liabilities

$57,454

No earlier filing loaded for comparison.

Revenue

Up

$681,924

Up $681,924 from 2015

Expenses

Up

$732,826

Up $699,078 (+2071%) from 2015

Net Income

Down

-$50,902

Down $17,154 (-51%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $629,708Liabilities 2010: $57,399Net Assets 2010: $572,3092010Assets 2011: $689,636Liabilities 2011: $42,378Net Assets 2011: $647,2582011Assets 2012: $1,878,282Liabilities 2012: $28,578Net Assets 2012: $1,849,7042012Assets 2013: $2,352,264Liabilities 2013: $14,372Net Assets 2013: $2,337,8922013Assets 2014: $2,196,501Liabilities 2014: $22,975Net Assets 2014: $2,173,5262014Assets 2015: $123,936Net Assets 2015: $02015Assets 2016: $2,373,851Liabilities 2016: $57,454Net Assets 2016: $2,316,3972016Assets 2017: $2,579,807Liabilities 2017: $43,932Net Assets 2017: $2,535,8752017Assets 2018: $212,313Liabilities 2018: $72,845Net Assets 2018: $139,4682018Assets 2019: $1,658,527Liabilities 2019: $755,196Net Assets 2019: $903,3312019Assets 2020: $228,357Liabilities 2020: $123,584Net Assets 2020: $104,7732020Assets 2021: $4,272,806Liabilities 2021: $455,971Net Assets 2021: $3,816,8352021Assets 2022: $4,220,755Liabilities 2022: $475,475Net Assets 2022: $3,745,2802022Assets 2023: $4,042,682Liabilities 2023: $431,940Net Assets 2023: $3,610,7422023Assets 2024: $2,285,643Liabilities 2024: $423,088Net Assets 2024: $1,862,5552024

Highlighted filing

2016

Assets$2,373,851
Liabilities$57,454
Net Assets$2,316,397

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $891,6562010Revenue 2011: $845,548Expenses 2011: $770,599Net Income 2011: $74,9492011Revenue 2012: $1,879,586Expenses 2012: $677,140Net Income 2012: $1,202,4462012Revenue 2013: $1,071,024Expenses 2013: $582,836Net Income 2013: $488,1882013Revenue 2014: $853,426Expenses 2014: $562,317Net Income 2014: $291,1092014Revenue 2015: $0Expenses 2015: $33,748Net Income 2015: -$33,7482015Revenue 2016: $681,924Expenses 2016: $732,826Net Income 2016: -$50,9022016Revenue 2017: $898,813Expenses 2017: $679,335Net Income 2017: $219,4782017Revenue 2018: $686,350Expenses 2018: $668,108Net Income 2018: $18,2422018Revenue 2019: $853,898Expenses 2019: $916,772Net Income 2019: -$62,8742019Revenue 2020: $761,127Expenses 2020: $769,563Net Income 2020: -$8,4362020Revenue 2021: $1,167,227Expenses 2021: $1,044,308Net Income 2021: $122,9192021Revenue 2022: $1,168,418Expenses 2022: $1,239,973Net Income 2022: -$71,5552022Revenue 2023: $1,194,405Expenses 2023: $1,311,226Net Income 2023: -$116,8212023Revenue 2024: $1,264,052Expenses 2024: $1,323,058Net Income 2024: -$59,0062024

Highlighted filing

2016

Revenue$681,924
Expenses$732,826
Net Income-$50,902
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 18, 2017
Return Version
2016v3.0
Gross Receipts
$681,924
Mission and Program Overview

Mission

Golden Spread Rural Frontier Coalition (Organization) was incorporated under the laws of the State of New Mexico to provide planning, administrative services and financing to support non-profit businesses and economic growth initiates, which can respond to human services needs that the Board of Directors determines is appropriate, in the area of community and economic development, health, employment and housing opportunities and decent housing that is affordable to low and medium income people. Golden Spread Rural Frontier Coalition operates under a Board of Directors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$126,617$86,813▼ $39,804
Land, Buildings, and Equipment, Net$123,936$85,818▼ $38,118
Accounts Receivable$11,105$0▼ $11,105
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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,388,476$2,373,851▼ $14,625
Other Assets Total$2,126,818$2,201,220▲ $74,402
Liabilities
Other Liabilities$20,425$27,870▲ $7,445
Unsecured Notes Loans Payable-$20,131-
Accounts Payable and Accrued Expenses$752$9,453▲ $8,701
Total Liabilities$21,177$57,454▲ $36,277
Net Assets / Fund Balance
Unrestricted Net Assets$2,367,299$2,316,397▼ $50,902
Total Net Assets Fund Balance$2,367,299$2,316,397▼ $50,902
Total Liabilities and Net Assets / Fund Balance$2,388,476$2,373,851▼ $14,625

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$65,529$209,195$274,724
Buildings$10,083$17,917$28,000
Leasehold Improvements$3,206$7,504$10,710
Land$7,000-$7,000
Other Assets Org$1--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ferdinand GarciaChairman
Bill BirdwellVice Chairman
Carrell BlakeleyMember
Rose RamirezMember
Amberly WardSecretary
Barbara FrenchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$279,307
Program Service Revenue
$350,943
Investment Income
$0
Other Revenue
$51,674
All Other Contributions
$279,307
Change in Net Assets
$-50,902
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$530,166
Other Expenses$202,660
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$456,002--$456,002
Other Employee Benefits$62,464--$62,464
Insurance$40,447--$40,447
Depreciation Depletion$38,117--$38,117
Fees for Services Accounting$21,662--$21,662
All Other Expenses$11,823--$11,823
Current Officers, Directors, Trustees, and Key Employees$11,700--$11,700
Occupancy$7,998--$7,998
Other Expenses$7,594--$7,594
Travel$6,055--$6,055
Fees for Services Other$3,773--$3,773
Advertising$1,976--$1,976
Fees for Services Legal$200--$200
Interest$123--$123
Total Functional Expenses$732,826$0$0$732,826
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
Accrued Liabilities$27,870
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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, Line 11B: Form 990 Review Process

Revied by board president.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board of directors approves compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request

Filing and Contact Details

Filer

Filer Name
Golden Spread Rural Frontier Coalition
EIN
85-0450733
Phone
5753746207
Address
PO Box 96, Clayton, NM 88415

Signing Officer

Name
Ferdinand Garcia
Title
Chairman
Signed
2017-05-18
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
Nm
Voting Board Members
6
Independent Board Members
0
Employees
62

Preparer

Firm
Accounting & Financial Solutions LLC
Address
4801 N BUTLER AVE STE 8101, FARMINGTON, NM 87401
Preparer
Terry Ogle CPA
Phone
5055661900
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

Selected by board of directors.

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IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Development Fees
IRS990/ProgramServiceRevenueGrp/Desc1Fees And Fares
IRS990/ProgramServiceRevenueGrp/Desc2Other
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0330115
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120828
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0330115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120828
IRS990/ProgSrvcAccomActy2Grp/Desc0Transportation Program provides transportation for low income, disabled and elderly residents in Union County and surrounding areas. Residents served range from 75 ti 100 during a year
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0224683
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0206061
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt018622
IRS990/ProgSrvcAccomActy3Grp/Desc0Child Youth and Family
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0430573
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt089298
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0176296
IRS990/PYProgramServiceRevenueAmt0296385
IRS990/PYRevenuesLessExpensesAmt0193773
IRS990/PYSalariesCompEmpBnftPaidAmt0446187
IRS990/PYTotalExpensesAmt0622483
IRS990/PYTotalRevenueAmt0816256
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-50902
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0311493
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0609422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0430573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0418620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0470509
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0971657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02900781
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt072502
IRS990ScheduleA/OtherIncome170Grp/TotalAmt072502
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97560
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02900781
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0609422
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0430573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0418620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0470509
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0971657
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02900781
IRS990ScheduleA/TotalSupportAmt02973283
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt010083
IRS990ScheduleD/BuildingsGrp/DepreciationAmt017917
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028000
IRS990ScheduleD/EquipmentGrp/BookValueAmt065529
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0209195
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0274724
IRS990ScheduleD/LandGrp/BookValueAmt07000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03206
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07504
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010710
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0642025
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1341393
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2296537
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3921264
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt41
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Development fee receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Investment in limited partnership
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Investment Income Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Notes Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027870
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt085818
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02201220
IRS990ScheduleD/TotalLiabilityAmt027870
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Revied by board president.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board of directors approves compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Selected by board of directors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2: Change of Oversight or Selection Process
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02388476
IRS990/TotalAssetsEOYAmt02373851
IRS990/TotalAssetsGrp/BOYAmt02388476
IRS990/TotalAssetsGrp/EOYAmt02373851
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0279307
IRS990/TotalEmployeeCnt062
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0732826
IRS990/TotalFunctionalExpensesGrp/TotalAmt0732826
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021177
IRS990/TotalLiabilitiesEOYAmt057454
IRS990/TotalLiabilitiesGrp/BOYAmt021177
IRS990/TotalLiabilitiesGrp/EOYAmt057454
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02367299
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02316397
IRS990/TotalProgramServiceExpensesAmt0732826
IRS990/TotalProgramServiceRevenueAmt0350943
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0402617
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0681924

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.42$1.86$1.26$1.32$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.04$0.43$3.61$1.19$1.31$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$0.48$3.75$1.17$1.24$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.27$0.46$3.82$1.17$1.04$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.12$0.10$0.76$0.77$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.76$0.90$0.85$0.92$0.06
2018Summary only. Only limited summary data is available for this year.$0.21$0.07$0.14$0.69$0.67$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.04$2.54$0.90$0.68$0.22
2016Detailed filing. Detailed filing data is available for this year.$2.37$0.06$2.32$0.68$0.73$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.00$0.03$0.03
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.02$2.17$0.85$0.56$0.29
2013Detailed filing. Detailed filing data is available for this year.$2.35$0.01$2.34$1.07$0.58$0.49
2012Summary only. Only limited summary data is available for this year.$1.88$0.03$1.85$1.88$0.68$1.20
2011Summary only. Only limited summary data is available for this year.$0.69$0.04$0.65$0.85$0.77$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.06$0.57$0.89
Peer Organizations

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