Civic Intelligence

Golden Spread Rural Frontier Coalition

990 • Fiscal year 2017 • EIN 85-0450733

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 29, 2018

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

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

41st percentile

0.05x

Higher debt load relative to revenue than 41% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

83rd percentile

24%

Higher net margin than 83% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

39th percentile

$27,199

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

58th percentile

8.7%

Faster asset growth than 58% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

32%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,579,807

Up $205,956 (+8.7%) from 2016

Net Assets

Up

$2,535,875

Up $219,478 (+9.5%) from 2016

Liabilities

Down

$43,932

Down $13,522 (-24%) from 2016

Revenue

Up

$898,813

Up $216,889 (+32%) from 2016

Expenses

Down

$679,335

Down $53,491 (-7.3%) from 2016

Net Income

Up

$219,478

Up $270,380 (+531%) from 2016

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

2017

Assets$2,579,807
Liabilities$43,932
Net Assets$2,535,875

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

2017

Revenue$898,813
Expenses$679,335
Net Income$219,478
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 29, 2018
Return Version
2017v2.2
Gross Receipts
$898,813
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
Land, Buildings, and Equipment, Net$85,818$174,941▲ $89,123
Cash and Non-Interest-Bearing Accounts$86,813$63,062▼ $23,751
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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$2,373,851$2,579,807▲ $205,956
Other Assets Total$2,201,220$2,341,804▲ $140,584
Liabilities
Other Liabilities$27,870$21,783▼ $6,087
Unsecured Notes Loans Payable$20,131$15,277▼ $4,854
Accounts Payable and Accrued Expenses$9,453$6,872▼ $2,581
Total Liabilities$57,454$43,932▼ $13,522
Net Assets / Fund Balance
Unrestricted Net Assets$2,316,397$2,535,875▲ $219,478
Total Net Assets Fund Balance$2,316,397$2,535,875▲ $219,478
Total Liabilities and Net Assets / Fund Balance$2,373,851$2,579,807▲ $205,956

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$156,656$249,450$406,106
Buildings$9,151$18,849$28,000
Leasehold Improvements$2,134$8,576$10,710
Land$7,000-$7,000
Other Assets Org$921,264--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ferdinand GarciaChairmanFT$27,199$27,199
Barbara FrenchTreasurerPT$10,800$10,800

Board Members and Trustees

NameTitle
Bill BirdwellVice Chairman
Carrell BlakeleyMember
Rose RamirezMember
Amberly WardSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$493,627
Program Service Revenue
$286,823
Investment Income
$0
Other Revenue
$118,363
Change in Net Assets
$219,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$458,483
Other Expenses$220,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$379,936--$379,936
Depreciation Depletion$42,760--$42,760
Insurance$41,048--$41,048
Current Officers, Directors, Trustees, and Key Employees$37,999--$37,999
Payroll Taxes$28,124--$28,124
Fees for Services Accounting$20,319--$20,319
Other Employee Benefits$12,424--$12,424
All Other Expenses$10,355--$10,355
Occupancy$7,724--$7,724
Other Expenses$7,546--$7,546
Travel$6,096--$6,096
Advertising$1,586--$1,586
Interest$624--$624
Conferences and Meetings$458--$458
Total Functional Expenses$679,335$0$0$679,335
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$21,783
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
2018-07-29
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/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Development Fees
IRS990/ProgramServiceRevenueGrp/Desc1Fees And Fares
IRS990/ProgramServiceRevenueGrp/Desc2Other
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt072003
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1157526
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt257294
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt072003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1157526
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt257294
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/ExpenseAmt0338765
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0289079
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt019326
IRS990/ProgSrvcAccomActy3Grp/Desc0Child Youth and Family
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0279307
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0202660
IRS990/PYOtherRevenueAmt051674
IRS990/PYProgramServiceRevenueAmt0350943
IRS990/PYRevenuesLessExpensesAmt0-50902
IRS990/PYSalariesCompEmpBnftPaidAmt0530166
IRS990/PYTotalExpensesAmt0732826
IRS990/PYTotalRevenueAmt0681924
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0219478
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0107362
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0493626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0609422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0430573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0418620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0470509
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02422750
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt057294
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt072502
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0129796
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94920
IRS990ScheduleA/PublicSupportPY170Pct00.97560
IRS990ScheduleA/PublicSupportTotal170Amt02422750
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0493626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0609422
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0430573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0418620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0470509
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02422750
IRS990ScheduleA/TotalSupportAmt02552546
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt09151
IRS990ScheduleD/BuildingsGrp/DepreciationAmt018849
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0156656
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0249450
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0406106
IRS990ScheduleD/LandGrp/BookValueAmt07000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02134
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08576
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010710
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0636755
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1388763
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2395022
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3921264
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Development fee receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Investment in limited partnership
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Investment Income Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Notes Receivable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021783
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0174941
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02341804
IRS990ScheduleD/TotalLiabilityAmt021783
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/TotalAssetsBOYAmt02373851
IRS990/TotalAssetsEOYAmt02579807
IRS990/TotalAssetsGrp/BOYAmt02373851
IRS990/TotalAssetsGrp/EOYAmt02579807
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0493627
IRS990/TotalEmployeeCnt062
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0679335
IRS990/TotalFunctionalExpensesGrp/TotalAmt0679335
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt057454
IRS990/TotalLiabilitiesEOYAmt043932
IRS990/TotalLiabilitiesGrp/BOYAmt057454
IRS990/TotalLiabilitiesGrp/EOYAmt043932
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02316397
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02535875
IRS990/TotalProgramServiceExpensesAmt0679335
IRS990/TotalProgramServiceRevenueAmt0286823
IRS990/TotalReportableCompFromOrgAmt037999
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0405186
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0898813
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02373851
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02579807
IRS990/TravelGrp/ProgramServicesAmt06096
IRS990/TravelGrp/TotalAmt06096
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02316397

Document Assets

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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
2017Detailed filing. Detailed filing data is available for this year.$2.58$0.04$2.54$0.90$0.68$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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