Civic Intelligence

River Academy a Non Profit Corporation

990 • Fiscal year 2020 • EIN 91-1874303

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 11, 2020

650 Crawford StWenatchee, WA 98801

(509) 665-2415

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.20x

Higher debt load relative to assets than 62% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

0.18x

Higher debt load relative to revenue than 56% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

39th percentile

0.7%

Higher net margin than 39% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$99,079

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

67th percentile

12%

Faster revenue growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,366,448

Up $219,813 (+19%) from 2019

Net Assets

Up

$1,092,028

Up $11,337 (+1.0%) from 2019

Liabilities

Up

$274,420

Up $208,476 (+316%) from 2019

Revenue

Up

$1,555,743

Up $163,897 (+12%) from 2019

Expenses

Up

$1,544,406

Up $153,449 (+11%) from 2019

Net Income

Up

$11,337

Up $10,448 (+1175%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $251,174Liabilities 2012: $65,257Net Assets 2012: $185,9172012Assets 2013: $600,767Liabilities 2013: $60,709Net Assets 2013: $540,0582013Assets 2014: $1,122,150Liabilities 2014: $34,287Net Assets 2014: $1,087,8632014Assets 2015: $1,208,733Liabilities 2015: $114,012Net Assets 2015: $1,094,7212015Assets 2016: $1,286,793Liabilities 2016: $184,594Net Assets 2016: $1,102,1992016Assets 2017: $1,157,084Liabilities 2017: $100,125Net Assets 2017: $1,056,9592017Assets 2018: $1,134,112Liabilities 2018: $54,310Net Assets 2018: $1,079,8022018Assets 2019: $1,146,635Liabilities 2019: $65,944Net Assets 2019: $1,080,6912019Assets 2020: $1,366,448Liabilities 2020: $274,420Net Assets 2020: $1,092,0282020Assets 2021: $1,953,003Liabilities 2021: $327,529Net Assets 2021: $1,625,4742021Assets 2022: $2,871,494Liabilities 2022: $471,321Net Assets 2022: $2,400,1732022Assets 2023: $4,662,650Liabilities 2023: $919,929Net Assets 2023: $3,742,7212023Assets 2025: $6,635,320Liabilities 2025: $828,051Net Assets 2025: $5,807,2692025

Highlighted filing

2020

Assets$1,366,448
Liabilities$274,420
Net Assets$1,092,028

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $1,051,031Expenses 2012: $976,555Net Income 2012: $74,4762012Revenue 2013: $1,459,426Expenses 2013: $1,105,285Net Income 2013: $354,1412013Revenue 2014: $1,766,081Expenses 2014: $1,218,276Net Income 2014: $547,8052014Revenue 2015: $1,353,806Expenses 2015: $1,346,948Net Income 2015: $6,8582015Revenue 2016: $1,243,282Expenses 2016: $1,235,804Net Income 2016: $7,4782016Revenue 2017: $1,209,672Expenses 2017: $1,254,912Net Income 2017: -$45,2402017Revenue 2018: $1,289,215Expenses 2018: $1,266,372Net Income 2018: $22,8432018Revenue 2019: $1,391,846Expenses 2019: $1,390,957Net Income 2019: $8892019Revenue 2020: $1,555,743Expenses 2020: $1,544,406Net Income 2020: $11,3372020Revenue 2021: $1,488,478Expenses 2021: $955,032Net Income 2021: $533,4462021Revenue 2022: $2,687,215Expenses 2022: $1,912,516Net Income 2022: $774,6992022Revenue 2023: $3,584,645Expenses 2023: $2,242,097Net Income 2023: $1,342,5482023Revenue 2025: $2,521,405Expenses 2025: $2,555,006Net Income 2025: -$33,6012025

Highlighted filing

2020

Revenue$1,555,743
Expenses$1,544,406
Net Income$11,337
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$1,573,731
Mission and Program Overview

Mission

Our purpose is to partner with parents in educating their children to become the next generation of Christian leaders equipped to shape culture through faithful, wise, and joyful Christian living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,080,691$1,092,028▲ $11,337
Land, Buildings, and Equipment, Net$1,029,815$1,028,124▼ $1,691
Cash and Non-Interest-Bearing Accounts$13,805$264,936▲ $251,131
Savings and Temporary Cash Investments$101,842$73,388▼ $28,454
Prepaid Expenses and Deferred Charges$1,173$0▼ $1,173
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,146,635$1,366,448▲ $219,813
Liabilities
Unsecured Notes Loans Payable-$232,422-
Deferred Revenue$62,000$37,150▼ $24,850
Accounts Payable and Accrued Expenses$3,944$4,848▲ $904
Total Liabilities$65,944$274,420▲ $208,476
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,080,691$1,092,028▲ $11,337
Total Liabilities and Net Assets / Fund Balance$1,146,635$1,366,448▲ $219,813

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,001,908-$1,001,908
Other Land Buildings$23,471$49,102$72,573
Equipment$0$64,796$64,796
Leasehold Improvements$2,745$784$3,529
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Eric DevriesHeadmasterFT$99,079$99,079

Board Members and Trustees

NameTitle
Malachi SalcidoPresident
Ann HendricksonBoard Member
Bill DooleyBoard Member
Sally VoorhiesBoard Member
Sara BoweBoard Member
Kyle StrongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$74,056
Program Service Revenue
$1,445,954
Investment Income
$83
Other Revenue
$35,650
All Other Contributions
$49,915
Change in Net Assets
$11,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,270,002
Other Expenses$274,404
Total Fundraising Expense$22,172
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$979,161$82,455$11,036$1,072,652
Occupancy$103,398$9,462-$112,860
Current Officers, Directors, Trustees, and Key Employees$19,023$70,544$9,512$99,079
Payroll Taxes$84,557$12,090$1,624$98,271
Office Expenses$23,374$21,074-$44,448
Other Expenses$40,995--$40,995
Insurance-$5,584-$5,584
Fees for Services Legal-$3,650-$3,650
Fees for Services Accounting-$2,187-$2,187
Depreciation Depletion-$1,691-$1,691
Total Functional Expenses$1,313,497$208,737$22,172$1,544,406
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$53,638
Fundraising Direct Expenses$17,988
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Fundraiser$77,779$53,638$17,988$35,650
Total Events$77,779$53,638$17,988$35,650
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
Yes
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

Governance Explanations

Form 990, Part VI, Section A, line 4

Organization updated their bylaws in the current year. The revised bylaws are effective 3/5/2020.

Form 990, Part VI, Section B, line 11B

Form 990 to be provided at a regular board meeting prior to filing.

Form 990, Part VI, Section B, line 12C

Discussions and reminders are communicated annually. Should an issue that could create a conflict of interest arise, the Executive Director will consider the policy and the issue and take appropriate measures.

Form 990, Part VI, Section B, line 15

The governing body has the authority to set the executive director's wages. The executive director determines wages for all other employees. The process for determining wages in both situations is to compare data among other not-for-profits based on geographical region, qualifications, and surveys.

Form 990, Part VI, Section C, line 19

Governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
The River Academy
EIN
91-1874303
Phone
5096652415
Address
650 Crawford St, Wenatchee, WA 98801

Signing Officer

Name
Malachi Salcido
Title
President
Phone
5096652415
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Malachi Salcido
Formed
1998
Legal Domicile
Wa
Voting Board Members
4
Independent Board Members
4
Employees
42
Volunteers
50

Preparer

Firm
Cordell Neher & Company PLLC
Address
PO Box 3068, Wenatchee, WA 98807-3068
Preparer
Jennifer Babcock CPA
Phone
5096631661
Raw XML Appendix397 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03529
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt023471
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt049102
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072573
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01028124
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Racial non-discrimination policies are included in published materials
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt024141
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt024141
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017988
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Fall Fundraiser
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt077779
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt077779
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt053638
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt053638
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035650
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017988
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt017988
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization updated their bylaws in the current year. The revised bylaws are effective 3/5/2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 to be provided at a regular board meeting prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Discussions and reminders are communicated annually. Should an issue that could create a conflict of interest arise, the Executive Director will consider the policy and the issue and take appropriate measures.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing body has the authority to set the executive director's wages. The executive director determines wages for all other employees. The process for determining wages in both situations is to compare data among other not-for-profits based on geographical region, qualifications, and surveys.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01146635
IRS990/TotalAssetsEOYAmt01366448
IRS990/TotalAssetsGrp/BOYAmt01146635
IRS990/TotalAssetsGrp/EOYAmt01366448
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt074056
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022172
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0208737
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01313497
IRS990/TotalFunctionalExpensesGrp/TotalAmt01544406
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt065944
IRS990/TotalLiabilitiesEOYAmt0274420
IRS990/TotalLiabilitiesGrp/BOYAmt065944
IRS990/TotalLiabilitiesGrp/EOYAmt0274420
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01080691
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01092028
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01313497
IRS990/TotalProgramServiceRevenueAmt01445954
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt035733
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01445954
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01555743
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01146635
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01366448
IRS990/TotReportableCompRltdOrgAmt099079
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0232422
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 4485
IRS990/USAddress/CityNm0Wenatchee
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098801
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0http://www.theriveracademy.org/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Malachi Salcido
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05096652415
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The River Academy
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0911874303
ReturnHeader/Filer/PhoneNum05096652415
ReturnHeader/Filer/USAddress/AddressLine1Txt0650 Crawford St
ReturnHeader/Filer/USAddress/CityNm0Wenatchee
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId083FB37981144BB0E4737BCE83CF3AF77A51C2A6D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.172.121.47
ReturnHeader/FilingSecurityInformation/IPDt02020-11-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm013:41:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910950793
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cordell Neher & Company PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 3068
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wenatchee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0988073068
ReturnHeader/PreparerPersonGrp/PhoneNum05096631661
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jennifer Babcock CPA
ReturnHeader/ReturnTs02020-11-12T12:36:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$0.83$5.81$2.52$2.56$0.03
2023Summary only. Only limited summary data is available for this year.$4.66$0.92$3.74$3.58$2.24$1.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.47$2.40$2.69$1.91$0.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.33$1.63$1.49$0.96$0.53
2020Detailed filing. Detailed filing data is available for this year.$1.37$0.27$1.09$1.56$1.54$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.07$1.08$1.39$1.39$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.05$1.08$1.29$1.27$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.10$1.06$1.21$1.25$0.05
2016Summary only. Only limited summary data is available for this year.$1.29$0.18$1.10$1.24$1.24$0.01
2015Summary only. Only limited summary data is available for this year.$1.21$0.11$1.09$1.35$1.35$0.01
2014Summary only. Only limited summary data is available for this year.$1.12$0.03$1.09$1.77$1.22$0.55
2013Summary only. Only limited summary data is available for this year.$0.60$0.06$0.54$1.46$1.11$0.35
2012Summary only. Only limited summary data is available for this year.$0.25$0.07$0.19$1.05$0.98$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits