Civic Intelligence

The Stride Center

990 • Fiscal year 2016 • EIN 94-3333571

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 02, 2017

1212 Broadway Street Ste 400Oakland, CA 94612

(510) 234-1300

Siviq Scores

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

Liabilities / Assets

64th percentile

0.22x

Higher debt load relative to assets than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

44th percentile

0.08x

Higher debt load relative to revenue than 44% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

52nd percentile

2.8%

Higher net margin than 52% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

75th percentile

$114,481

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$649,507

Down $121,522 (-16%) from 2015

Net Assets

Up

$503,933

Up $51,069 (+11%) from 2015

Liabilities

Down

$145,574

Down $172,591 (-54%) from 2015

Revenue

Down

$1,834,615

Down $245,093 (-12%) from 2015

Expenses

Down

$1,783,546

Down $236,748 (-12%) from 2015

Net Income

Down

$51,069

Down $8,345 (-14%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $819,736Liabilities 2010: $274,930Net Assets 2010: $544,8062010Assets 2011: $1,282,512Liabilities 2011: $304,231Net Assets 2011: $978,2812011Assets 2012: $646,634Liabilities 2012: $304,685Net Assets 2012: $341,9492012Assets 2013: $783,625Liabilities 2013: $374,669Net Assets 2013: $408,9562013Assets 2014: $840,521Liabilities 2014: $306,033Net Assets 2014: $534,4882014Assets 2015: $771,029Liabilities 2015: $318,165Net Assets 2015: $452,8642015Assets 2016: $649,507Liabilities 2016: $145,574Net Assets 2016: $503,9332016Assets 2017: $1,007,936Liabilities 2017: $104,168Net Assets 2017: $903,7682017Assets 2018: $429,393Liabilities 2018: $186,948Net Assets 2018: $242,4452018

Highlighted filing

2016

Assets$649,507
Liabilities$145,574
Net Assets$503,933

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,891,470Expenses 2010: $1,811,727Net Income 2010: $79,7432010Revenue 2011: $2,812,181Expenses 2011: $2,378,706Net Income 2011: $433,4752011Revenue 2012: $1,862,323Expenses 2012: $2,498,655Net Income 2012: -$636,3322012Revenue 2013: $1,941,904Expenses 2013: $1,875,897Net Income 2013: $66,0072013Revenue 2014: $2,335,302Expenses 2014: $2,208,770Net Income 2014: $126,5322014Revenue 2015: $2,079,708Expenses 2015: $2,020,294Net Income 2015: $59,4142015Revenue 2016: $1,834,615Expenses 2016: $1,783,546Net Income 2016: $51,0692016Revenue 2017: $2,337,735Expenses 2017: $1,940,006Net Income 2017: $397,7292017Revenue 2018: $1,221,985Expenses 2018: $1,883,308Net Income 2018: -$661,3232018

Highlighted filing

2016

Revenue$1,834,615
Expenses$1,783,546
Net Income$51,069
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 2, 2017
Return Version
2016v3.0
Gross Receipts
$1,834,615
Mission and Program Overview

Mission

As an innovative social enterprise the Stride Center's mission is to empower men and women facing barriers to employment to gain economic self-sufficiency. We provide a comprehensive career development program that includes job skills training, credentials, career coaching, work experience and job placement assistance

The Stride Center empowers low income men and women in underserved communities, regardless of barriers to success to achieve economic self-sufficiency through prosperous, vibrant, meaningful careers in the information technology field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$335,251$381,807▲ $46,556
Cash and Non-Interest-Bearing Accounts$262,749$156,470▼ $106,279
Accounts Receivable$135,390$94,783▼ $40,607
Land, Buildings, and Equipment, Net$20,272$3,177▼ $17,095
Investments in Publicly Traded Securities$2,628$2,628→ $0
Prepaid Expenses and Deferred Charges$4,382$285▼ $4,097
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$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-
Total Assets$771,029$649,507▼ $121,522
Other Assets Total$10,357$10,357→ $0
Liabilities
Other Liabilities$100,000--
Mortgage Notes Payable Secured by Investment Property$85,492$71,025▼ $14,467
Accounts Payable and Accrued Expenses$130,686$69,022▼ $61,664
Deferred Revenue$1,987$5,527▲ $3,540
Total Liabilities$318,165$145,574▼ $172,591
Net Assets / Fund Balance
Unrestricted Net Assets$252,864$398,993▲ $146,129
Temporarily Rstr Net Assets$200,000$104,940▼ $95,060
Total Net Assets Fund Balance$452,864$503,933▲ $51,069
Total Liabilities and Net Assets / Fund Balance$771,029$649,507▼ $121,522

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,177$228,486$231,663
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barrie HathawayExecutive DirectorFT$103,846$10,635$114,481
Patricia AhazieDirector of FinanceFT$76,308$6,012$82,320
Steve HuntDeputy Exec DirectorFT$73,885-$73,885

Board Members and Trustees

NameTitle
Rukiya LeeBoard President
Aaron NaldozaBoard Member
Carrie CianfichiBoard Member
Doug SteinBoard Member
Errol QuockBoard Member
Krista GulbransenBoard Member
Michael KatzBoard Member
Paul LambBoard Member
Ross MistryBoard Member
Russel RoseteBoard Member
Soumya KourdeBoard Member
Neha ShahSecretary
Antonio AguileraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,521,008
Program Service Revenue
$311,852
Investment Income
$84
Other Revenue
$1,671
All Other Contributions
$1,329,013
Change in Net Assets
$51,069

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,834,615
Total Revenue per Audited Statements
$1,834,615
Total Revenue per Form 990
$1,834,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,252,965
Other Expenses$527,889
Total Fundraising Expense$161,280
Professional Fundraising Fees$2,692
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$759,100$27,218$1,677$787,995
Current Officers, Directors, Trustees, and Key Employees-$139,560$131,126$270,686
Occupancy$169,896$28,727$6,241$204,864
Office Expenses$102,187$16,318$1,997$120,502
Other Employee Benefits$79,359$20,347$2,612$102,318
Payroll Taxes$66,995$13,719$11,252$91,966
Travel$17,021$8,184$122$25,327
Fees for Services Other$20,715$36$377$21,128
Depreciation Depletion-$17,095-$17,095
Other Expenses$10,398$5,319$200$15,917
Insurance$14,208$870$348$15,426
Interest-$15,418-$15,418
Fees for Services Accounting-$9,750-$9,750
Advertising$3,684$1,843$1,154$6,681
Fees for Services Professional Fundraising--$2,692$2,692
Information Technology$309--$309
Total Functional Expenses$1,309,227$313,039$161,280$1,783,546

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,783,546
Total Expenses per Audited Statements$1,783,546
Total Expenses per Form 990$1,783,546
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$2,692
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-
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
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, Line 11B: Form 990 Review Process

Stride performs an internal review. Executive Director has final approval and signs it.

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

Reviewed by the Board when potential conflicts of interest arise.

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

Researched, discussed and voted on by members of the board.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Conducted by the Executive Director and reviewed by the board.

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

Upon request.

Filing and Contact Details

Filer

Filer Name
The Stride Center
EIN
94-3333571
Phone
5102341300
Address
1212 Broadway Street Ste 400, Oakland, CA 94612

Signing Officer

Name
Steve Hunt
Title
Executive Director
Signed
2017-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Hunt
Formed
1999
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
42
Volunteers
50

Preparer

Firm
Crosby & Kaneda CPAs
Address
1970 Broadway STE 930, Oakland, CA 94612
Preparer
Adele Kaneda
Phone
5108352727
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has evaluated its current tax positions as of December 31, 2016 and is not aware of any significant uncertain tax positions for which a reserve would be necessary.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Contact Center is a social venture launched in 2014. In 2016, the Contact Center created 1 new staff position and 8 internships for Stride students and graduates.
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