Civic Intelligence

Solid Rock Foundation Inc

990 • Fiscal year 2021 • EIN 86-0808609

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 12, 2022

13625 N 32nd StPhoenix, AZ 85032

(602) 522-9200

Siviq Scores

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

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

46th percentile

0.07x

Higher debt load relative to revenue than 46% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

83rd percentile

42%

Higher net margin than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

60th percentile

15%

Faster asset growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

36%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$4,392,935

Up $567,360 (+15%) from 2020

Net Assets

Up

$4,289,421

Up $622,984 (+17%) from 2020

Liabilities

Down

$103,514

Down $55,624 (-35%) from 2020

Revenue

Up

$1,476,071

Up $390,168 (+36%) from 2020

Expenses

Up

$849,968

Up $154,513 (+22%) from 2020

Net Income

Up

$626,103

Up $235,655 (+60%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $301,070Liabilities 2011: $687Net Assets 2011: $300,3832011Assets 2012: $578,348Liabilities 2012: $841Net Assets 2012: $577,5072012Assets 2013: $686,541Liabilities 2013: $4,482Net Assets 2013: $682,0592013Assets 2014: $1,166,755Liabilities 2014: $2,859Net Assets 2014: $1,163,8962014Assets 2015: $1,235,638Liabilities 2015: $5,250Net Assets 2015: $1,230,3882015Assets 2016: $1,562,857Liabilities 2016: $0Net Assets 2016: $1,562,8572016Assets 2018: $2,721,483Liabilities 2018: $10,258Net Assets 2018: $2,711,2252018Assets 2019: $3,273,105Liabilities 2019: $27,949Net Assets 2019: $3,245,1562019Assets 2020: $3,825,575Liabilities 2020: $159,138Net Assets 2020: $3,666,4372020Assets 2021: $4,392,935Liabilities 2021: $103,514Net Assets 2021: $4,289,4212021Assets 2022: $5,208,484Liabilities 2022: $19,086Net Assets 2022: $5,189,3982022Assets 2023: $7,033,036Liabilities 2023: $14,678Net Assets 2023: $7,018,3582023Assets 2024: $10,701,386Liabilities 2024: $44,532Net Assets 2024: $10,656,8542024Assets 2025: $13,237,682Liabilities 2025: $21,168Net Assets 2025: $13,216,5142025

Highlighted filing

2021

Assets$4,392,935
Liabilities$103,514
Net Assets$4,289,421

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2011: $343,494Expenses 2011: $169,005Net Income 2011: $174,4892011Revenue 2012: $568,961Expenses 2012: $291,837Net Income 2012: $277,1242012Revenue 2013: $501,962Expenses 2013: $385,443Net Income 2013: $116,5192013Revenue 2014: $882,608Expenses 2014: $400,771Net Income 2014: $481,8372014Revenue 2015: $602,019Expenses 2015: $488,841Net Income 2015: $113,1782015Revenue 2016: $827,514Expenses 2016: $524,491Net Income 2016: $303,0232016Revenue 2018: $1,056,491Expenses 2018: $674,837Net Income 2018: $381,6542018Revenue 2019: $1,172,033Expenses 2019: $681,996Net Income 2019: $490,0372019Revenue 2020: $1,085,903Expenses 2020: $695,455Net Income 2020: $390,4482020Revenue 2021: $1,476,071Expenses 2021: $849,968Net Income 2021: $626,1032021Revenue 2022: $2,574,747Expenses 2022: $1,527,656Net Income 2022: $1,047,0912022Revenue 2023: $3,089,014Expenses 2023: $1,475,274Net Income 2023: $1,613,7402023Revenue 2024: $4,989,714Expenses 2024: $1,733,466Net Income 2024: $3,256,2482024Revenue 2025: $3,879,074Expenses 2025: $1,948,217Net Income 2025: $1,930,8572025

Highlighted filing

2021

Revenue$1,476,071
Expenses$849,968
Net Income$626,103
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 12, 2022
Return Version
2020v4.0
Gross Receipts
$2,636,146
Mission and Program Overview

Mission

Operation of a teen center with music, dance, art, and other programs oriented to christian ministry. Center is in phoenix az.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,666,437$4,289,421▲ $622,984
Savings and Temporary Cash Investments$1,396,581$2,633,704▲ $1,237,123
Land, Buildings, and Equipment, Net$382,146$999,729▲ $617,583
Cash and Non-Interest-Bearing Accounts$956,775$386,219▼ $570,556
Investments in Publicly Traded Securities$1,090,073$367,033▼ $723,040
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,825,575$4,392,935▲ $567,360
Other Assets Total-$6,250-
Liabilities
Other Liabilities$143,465$76,250▼ $67,215
Accounts Payable and Accrued Expenses$15,673$27,264▲ $11,591
Total Liabilities$159,138$103,514▼ $55,624
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,666,437$4,289,421▲ $622,984
Total Liabilities and Net Assets / Fund Balance$3,825,575$4,392,935▲ $567,360

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$925,022$310,372$1,235,394
Equipment$74,707$174,965$249,672
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff MooreExecutive DirectorFT$109,000$4,860$113,860

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,150,895
Program Service Revenue
$0
Investment Income
$38,760
Other Revenue
$286,416
All Other Contributions
$818,271
Change in Net Assets
$626,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$460,205
Other Expenses$389,613
Total Fundraising Expense$75,048
Grants and Similar Amounts Paid$150
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$227,358$31,968$45,736$305,062
Occupancy$90,689$20,033-$110,722
Current Officers, Directors, Trustees, and Key Employees$65,400$32,700$10,900$109,000
Depreciation Depletion$75,141$26,836$5,367$107,344
Payroll Taxes$22,468$4,963$4,346$31,777
Insurance$20,659$4,563$3,997$29,219
Pension Plan Contributions$9,852$2,433$1,881$14,166
Office Expenses$7,096$2,534$507$10,137
All Other Expenses$4,574$4,113-$8,687
Other Expenses$5,336$5,632$1,032$5,632
Fees for Services Other$3,377$746$653$4,776
Information Technology$2,848$629$551$4,028
Fees for Services Legal$1,093$391$78$1,562
Other Employee Benefits$200--$200
Grants to Domestic Orgs$150--$150
Total Functional Expenses$636,200$138,720$75,048$849,968
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$422,480
Fundraising Direct Expenses$175,678
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$687,980$422,480$114,917$307,563
Christmas Pudding$6,634-$36,325-
Total Events$694,614$422,480$175,678$246,802
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
PPP Loan$76,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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 2: Description of Business or Family Relationship of Officers, Directors, Et

Members that are husband and wife are Alice and Sheryl Cooper.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 was distributed via email and reviewed by the full board and approved before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually each board mmember and employee is given a copy of the policy, and after reviewing it, signs the disclosure form indicating whether there are any conflicts.The forms are evaluated by the other board members when there is a conflict.

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

Reviewed annually by executive board,who contribute information known to them regarding compensation paid by other local non-profits of similar size.

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

Upon request made to the organization's office.

Filing and Contact Details

Filer

Filer Name
Solid Rock Foundation Inc
EIN
86-0808609
Phone
6025229200
Address
13625 N 32nd St, Phoenix, AZ 85032

Signing Officer

Name
David R Baldwin
Title
President
Signed
2022-01-12

Organization Details

Principal Officer
David R Baldwin
Formed
1995
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
8
Employees
9
Volunteers
200
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Prior period adjustment = -$1049

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IRS990/OtherExpensesGrp/Desc1Contract Labor
IRS990/OtherExpensesGrp/Desc2Workers comp insurance
IRS990/OtherExpensesGrp/Desc3Bank and credit card charges
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15632
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt04346
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IRS990/PensionPlanContributionsGrp/FundraisingAmt01881
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02433
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09852
IRS990/PensionPlanContributionsGrp/TotalAmt014166
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0DAVID R BALDWIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0512655
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt030247
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IRS990/PYTotalRevenueAmt01085903
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0626103
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03666437
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04289421
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01396581
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02633704
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt049100
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt07500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt059150
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0100000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0238650
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0300406
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0302257
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0702070
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02918283
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012355
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0462094
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01183700
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01011580
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0984661
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015335
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015260
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt022102
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012355
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09759
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IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00980
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.76600
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0344928
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0375518
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0275245
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01674723
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0429802
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0177230
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0337428
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0316368
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0175245
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01436073
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$0.02$13.2$3.88$1.95$1.93
2024Detailed filing. Detailed filing data is available for this year.$10.7$0.04$10.7$4.99$1.73$3.26
2023Detailed filing. Detailed filing data is available for this year.$7.03$0.01$7.02$3.09$1.48$1.61
2022Detailed filing. Detailed filing data is available for this year.$5.21$0.02$5.19$2.57$1.53$1.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$0.10$4.29$1.48$0.85$0.63
2020Detailed filing. Detailed filing data is available for this year.$3.83$0.16$3.67$1.09$0.70$0.39
2019Detailed filing. Detailed filing data is available for this year.$3.27$0.03$3.25$1.17$0.68$0.49
2018Detailed filing. Detailed filing data is available for this year.$2.72$0.01$2.71$1.06$0.67$0.38
2016Summary only. Only limited summary data is available for this year.$1.56$0.00$1.56$0.83$0.52$0.30
2015Summary only. Only limited summary data is available for this year.$1.24$0.01$1.23$0.60$0.49$0.11
2014Summary only. Only limited summary data is available for this year.$1.17$0.00$1.16$0.88$0.40$0.48
2013Summary only. Only limited summary data is available for this year.$0.69$0.00$0.68$0.50$0.39$0.12
2012Summary only. Only limited summary data is available for this year.$0.58$0.00$0.58$0.57$0.29$0.28
2011Summary only. Only limited summary data is available for this year.$0.30$0.00$0.30$0.34$0.17$0.17