Civic Intelligence

Harvest Power Community Development Group Inc.

990 • Fiscal year 2016 • EIN 86-1015217

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 25, 2017

350 E 18th StreetYuma, AZ 85634

(928) 783-6266

Siviq Scores

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

Liabilities / Assets

86th percentile

0.80x

Higher debt load relative to assets than 86% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

0.81x

Higher debt load relative to revenue than 76% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

46th percentile

1.6%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

51st percentile

$177,485

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

48th percentile

1.4%

Faster asset growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

9.2%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$13,944,894

Up $197,969 (+1.4%) from 2015

Net Assets

Up

$2,759,659

Up $216,505 (+8.5%) from 2015

Liabilities

Down

$11,185,235

Down $18,536 (-0.2%) from 2015

Revenue

Up

$13,893,854

Up $1,174,064 (+9.2%) from 2015

Expenses

Up

$13,677,350

Up $1,186,895 (+9.5%) from 2015

Net Income

Down

$216,504

Down $12,831 (-5.6%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $10,195,920Liabilities 2011: $8,826,582Net Assets 2011: $1,369,3382011Assets 2012: $11,948,099Liabilities 2012: $10,954,587Net Assets 2012: $993,5122012Assets 2013: $12,451,895Liabilities 2013: $10,950,736Net Assets 2013: $1,501,1592013Assets 2015: $13,746,925Liabilities 2015: $11,203,771Net Assets 2015: $2,543,1542015Assets 2016: $13,944,894Liabilities 2016: $11,185,235Net Assets 2016: $2,759,6592016Assets 2017: $15,432,315Liabilities 2017: $12,169,476Net Assets 2017: $3,262,8392017Assets 2018: $15,497,537Liabilities 2018: $12,221,682Net Assets 2018: $3,275,8552018Assets 2019: $13,366,237Liabilities 2019: $10,185,241Net Assets 2019: $3,180,9962019Assets 2020: $14,713,535Liabilities 2020: $11,329,720Net Assets 2020: $3,383,8152020Assets 2021: $16,728,343Liabilities 2021: $10,737,755Net Assets 2021: $5,990,5882021Assets 2022: $21,813,724Liabilities 2022: $12,790,051Net Assets 2022: $9,023,6732022Assets 2023: $24,155,851Liabilities 2023: $12,310,438Net Assets 2023: $11,845,4132023Assets 2024: $24,375,688Liabilities 2024: $12,295,575Net Assets 2024: $12,080,1132024

Highlighted filing

2016

Assets$13,944,894
Liabilities$11,185,235
Net Assets$2,759,659

Operations Trend

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

$30M$20M$10M$0Revenue 2011: $8,229,956Expenses 2011: $7,722,919Net Income 2011: $507,0372011Expenses 2012: $9,371,0452012Expenses 2013: $9,295,0152013Revenue 2015: $12,719,790Expenses 2015: $12,490,455Net Income 2015: $229,3352015Revenue 2016: $13,893,854Expenses 2016: $13,677,350Net Income 2016: $216,5042016Revenue 2017: $14,412,666Expenses 2017: $13,909,486Net Income 2017: $503,1802017Revenue 2018: $14,998,666Expenses 2018: $14,985,651Net Income 2018: $13,0152018Revenue 2019: $16,194,882Expenses 2019: $15,759,874Net Income 2019: $435,0082019Revenue 2020: $15,210,528Expenses 2020: $14,597,953Net Income 2020: $612,5752020Revenue 2021: $18,038,703Expenses 2021: $15,431,930Net Income 2021: $2,606,7732021Revenue 2022: $21,016,888Expenses 2022: $17,983,803Net Income 2022: $3,033,0852022Revenue 2023: $20,950,166Expenses 2023: $18,128,426Net Income 2023: $2,821,7402023Revenue 2024: $20,008,267Expenses 2024: $19,773,567Net Income 2024: $234,7002024

Highlighted filing

2016

Revenue$13,893,854
Expenses$13,677,350
Net Income$216,504
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 25, 2017
Return Version
2015v3.0
Gross Receipts
$13,893,854
Mission and Program Overview

Mission

It is the mission of harvest prepatory academy to guide each student into a high level of academic achievement.

It is the mission of Harvest Preparatory Academy to guide each student into a high level of academic achievement through the development of their personal integrity with their family, community, school and self.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,704,067$6,512,552▼ $191,515
Savings and Temporary Cash Investments$2,449,175$3,915,641▲ $1,466,466
Investments in Publicly Traded Securities$1,260,605$1,260,679▲ $74
Cash and Non-Interest-Bearing Accounts$2,427,197$1,221,449▼ $1,205,748
Pledges and Grants Receivable$198,054$332,233▲ $134,179
Prepaid Expenses and Deferred Charges-$17,195-
Total Assets$13,746,925$13,944,894▲ $197,969
Other Assets Total$707,827$685,145▼ $22,682
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,586,800$10,564,751▼ $22,049
Accounts Payable and Accrued Expenses$616,971$620,484▲ $3,513
Total Liabilities$11,203,771$11,185,235▼ $18,536
Net Assets / Fund Balance
Unrestricted Net Assets$2,371,905$2,484,295▲ $112,390
Temporarily Rstr Net Assets$171,249$275,364▲ $104,115
Total Net Assets Fund Balance$2,543,154$2,759,659▲ $216,505
Total Liabilities and Net Assets / Fund Balance$13,746,925$13,944,894▲ $197,969

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,281,471$2,129,544-
Equipment$231,081$2,348,595-
Other Assets Org$-1--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mario YbarraVice Pres.FT$177,485-$177,485
Mario Ybarra--$105,000$72,485$177,485
Deborah G YbarraPresidentFT$172,471-$172,471
Deborah G Ybarra--$105,000$67,471$172,471
Carissa SalasSec/TreasurerFT$95,673-$95,673
Revenue and Support

Revenue Composition

Contributions and Grants
$1,832,506
Program Service Revenue
$11,742,807
Investment Income
$2,436
Other Revenue
$316,105
Change in Net Assets
$216,504

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,893,854
Total Revenue per Audited Statements
$13,893,854
Total Revenue per Form 990
$13,893,854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,575,443
Other Expenses$6,101,907
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,249,273$767,087$0$6,016,360
Occupancy$564,683$565,496$0$1,130,179
Fees for Services Other$574,561$206,334$0$780,895
Interest$732,273$8,057$0$740,330
Other Employee Benefits$535,888$70,423$0$606,311
All Other Expenses$320,655$266,561$0$587,216
Payroll Taxes$429,471$77,671$0$507,142
Current Officers, Directors, Trustees, and Key Employees$95,673$349,957$0$445,630
Depreciation Depletion$370,438$0$0$370,438
Other Expenses$267,265$0$0$267,265
Information Technology$0$205,407$0$205,407
Insurance$0$198,282$0$198,282
Travel$100,541$86,344$0$186,885
Advertising$0$161,145$0$161,145
Fees for Services Management$63,748$30,384$0$94,132
Conferences and Meetings$66,325$0$0$66,325
Fees for Services Legal$0$52,311$0$52,311
Office Expenses$0$50,548$0$50,548
Fees for Services Accounting$0$29,990$0$29,990
Total Functional Expenses$10,509,827$3,167,523$0$13,677,350

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,677,349
Total Expenses per Audited Statements$13,677,349
Total Expenses per Form 990$13,677,349
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
CIDA Pima County2011-11-08$6,255,000Education Facility Refunding
BIDA Pima County2011-11-08$3,240,000Education Facility Refunding
AIDA Pima County2011-11-08$1,005,000Education Facility Refunding

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$6,255,000---
B$3,240,000---
A$1,005,000-$8,010,173$494,609
D$-236,250---

Bond Financing Compliance

Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Harvest Power Community Development Group
EIN
86-1015217
Phone
9287836266
Address
350 E 18th Street, Yuma, AZ 85634

Signing Officer

Name
Deborah G Ybarra
Title
Director
Phone
9287836266
Signed
2017-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbie Ybarra
Formed
2001
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
0
Employees
393
Volunteers
4

Preparer

Firm
SE Clark & Co PC
Address
742 N Country Club Rd, Tucson, AZ 85716-4506
Preparer
Steven E Clark
Phone
5203237774
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

The three Board members are related by blood/marriage.

Pt VI, Line 12C

Conflicts of interest are reviewed at the annual public board meeting. Any material conflicts must be approved by the Board.

Pt VI, Line 15A

The Board hired two outside consultants to form a compensation committee. The compensation committee obtained the ASBA report on wage & compensation. The compensation committee obtained contract examples from other charters and school districts.

Pt VI, Line 15B

The Board hired two outside consultants to form a compensation committee. See details listed above for line Pt VI, Line 15a, consultants reviewed both officers key employees and executive compensations.

Pt VI, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available at the administrative office upon request.

Pt VI, Line 11B

The Board review the return prior to filing.

Form 990, Part IX, Line 24E

All Other Exps 585773. 319212. 266561. 0.

Form 990, Part IX, Line 24E

FS depreciation>990 calc 1443. 1443. 0. 0.

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