Civic Intelligence

Carpe Diem West

990 • Fiscal year 2014 • EIN 94-3373078

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 28, 2015

209 Caledonia Second FloorSausalito, CA 94965

(415) 332-2112

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$129,680

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

79th percentile

21%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

82nd percentile

36%

Faster revenue growth than 82% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$641,046

Up $111,429 (+21%) from 2013

Net Assets

Up

$633,041

Up $360,503 (+132%) from 2013

Liabilities

Down

$8,005

Down $249,074 (-97%) from 2013

Revenue

Up

$794,907

Up $212,494 (+36%) from 2013

Expenses

Down

$442,773

Down $89,200 (-17%) from 2013

Net Income

Up

$352,134

Up $301,694 (+598%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2011: $309,874Liabilities 2011: $38,297Net Assets 2011: $271,5772011Assets 2012: $491,204Liabilities 2012: $262,347Net Assets 2012: $228,8572012Assets 2013: $529,617Liabilities 2013: $257,079Net Assets 2013: $272,5382013Assets 2014: $641,046Liabilities 2014: $8,005Net Assets 2014: $633,0412014Assets 2015: $310,941Liabilities 2015: $0Net Assets 2015: $310,9412015Assets 2016: $192,754Liabilities 2016: $25,747Net Assets 2016: $167,0072016Assets 2017: $279,886Liabilities 2017: $16,781Net Assets 2017: $263,1052017Assets 2018: $182,327Liabilities 2018: $24,087Net Assets 2018: $158,2402018Assets 2019: $2,278Liabilities 2019: $7,516Net Assets 2019: -$5,2382019Assets 2020: $1,658Liabilities 2020: $13,185Net Assets 2020: -$11,5272020

Highlighted filing

2014

Assets$641,046
Liabilities$8,005
Net Assets$633,041

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $633,341Expenses 2011: $486,331Net Income 2011: $147,0102011Expenses 2012: $458,0832012Revenue 2013: $582,413Expenses 2013: $531,973Net Income 2013: $50,4402013Revenue 2014: $794,907Expenses 2014: $442,773Net Income 2014: $352,1342014Revenue 2015: $326,592Expenses 2015: $457,832Net Income 2015: -$131,2402015Revenue 2016: $316,527Expenses 2016: $443,150Net Income 2016: -$126,6232016Revenue 2017: $414,577Expenses 2017: $335,977Net Income 2017: $78,6002017Revenue 2018: $181,653Expenses 2018: $286,518Net Income 2018: -$104,8652018Revenue 2019: $118,210Expenses 2019: $228,142Net Income 2019: -$109,9322019Revenue 2020: $50,315Expenses 2020: $44,577Net Income 2020: $5,7382020

Highlighted filing

2014

Revenue$794,907
Expenses$442,773
Net Income$352,134
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 28, 2015
Return Version
2014v5.0
Gross Receipts
$794,907
Mission and Program Overview

Mission

Carpe Diem West leads an innovation network of diverse western water leaders. Together, we develop new and sustainable responses to the impacts of climate change on water resources. Through this broad-based network, leaders access a collaborative framework, identify new approaches for addressing climate change impacts, share information quickly and integrate communication strategies and tools to promote success.

Carpe Diems West organization is a network of water utilities, advocates, economists, decision makers and scientists to develop collaborative solutions to address the profound effects that the growing climate crisis is having on water in the American West.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$523,994$436,564▼ $87,430
Pledges and Grants Receivable-$200,000-
Prepaid Expenses and Deferred Charges$3,005$3,082▲ $77
Cash and Non-Interest-Bearing Accounts$2,618$1,400▼ $1,218
Accounts Receivable-$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-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$529,617$641,046▲ $111,429
Other Assets Total-$0-
Liabilities
Deferred Revenue$253,862--
Accounts Payable and Accrued Expenses$3,217$8,005▲ $4,788
Total Liabilities$257,079$8,005▼ $249,074
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$337,500-
Unrestricted Net Assets$272,538$295,541▲ $23,003
Total Net Assets Fund Balance$272,538$633,041▲ $360,503
Total Liabilities and Net Assets / Fund Balance$529,617$641,046▲ $111,429
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimery WiltshirePresident & CEOFT$101,182$28,498$129,680

Board Members and Trustees

NameTitle
Harriet MossVice President
Holly HartmannDirector
Luther PropstDirector
Scott MillerDirector
Laura BrieferSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$793,960
Program Service Revenue
$0
Investment Income
$947
Other Revenue
$0
All Other Contributions
$696,347
Change in Net Assets
$352,134
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$271,272
Other Expenses$171,501
Total Fundraising Expense$17,185
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$110,228$9,078$10,374$129,680
Other Salaries and Wages$112,015-$3,190$115,205
Fees for Services Other$61,930$225-$62,155
Occupancy$24,719$6,180-$30,899
Travel$19,664$2,222$827$22,713
Payroll Taxes$20,433$1,355-$21,788
Insurance-$11,822-$11,822
Other Employee Benefits$4,181$418-$4,599
Other Expenses$542$2,345$1,414$4,301
All Other Expenses-$1,503-$1,503
Total Functional Expenses$363,795$61,793$17,185$442,773
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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

Carpe Diem WEst's 990 is prepared by an independent CPA, reviewed by the President/CEO and a copy of the 990 is given to each member of the board of directors for discussion and review.

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

Carpe Diem West monitors and enforces its conflict of interest policy by following full disclosure of possible conflict of interest or any condition (as listed in the organizations conflict of interest policy), the board of directors shall determine whether a conflict exists, and if so, the board shall vote to authorize or reject the transaction or take any other action deemed necessary to address the conflict and protect Carpe Diem West's best interests. All board members, staff members or any other key stakeholders upon commencement of such person's relationship with Carpe Diem West shall sign and date the policy and each year thereafter. Failure to sign does not nullify the policy.

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

Carpe Diem West determines compensation for the President/CEO and other employees by conducting a survey of similar positions based on experience required, geographic location, and scope of programs.

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

All documents are available upon request

Filing and Contact Details

Filer

Filer Name
Carpe Diem West
EIN
94-3373078
Phone
4153322112
Address
209 Caledonia Second Floor, Sausalito, CA 94965

Signing Officer

Name
Kimery Wiltshire
Title
President & CEO
Signed
2015-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimery Wiltshire
Formed
2000
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
5
Employees
3
Volunteers
6

Preparer

Firm
Goranson and Associates Inc
Address
717 College Avenue First Floor, Santa Rosa, CA 95404
Preparer
Susan E Goranson
Phone
7075421256
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Horizons Program:Because climate change, the hydrologic cycle, and the human landscape of the American West are so complex, they often interact in unforeseen and unpredictable ways. The results of these interactions can be difficult to detect, because we dont know what we are looking for, and we dont necessarily attribute effects to climate change when we do see them.By keeping in regular contact with a far-flung set of professionals in diverse fields, Carpe Diem West keeps abreast of emerging trends and developments that have implications for the broader intersection of western water and climate. Using a robust, cross-sector approach based on the broad Carpe Diem West Network, we can identify and engage a core group of leaders who are in the best position to analyze emerging trend information from the field, formulate effective responses, and incorporate those responses into specific actions by Carpe Diem West. - See more at: http://www.carpediemwest.org/what-we-do/horizons-program#sthash.UkERxeIH.dpuf

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IRS990/Desc0Carpe Diem West Academy ProgramWe know that climate change affects all aspects of water and energy: the quality and quantity of surface water and groundwater, the demand for energy, the efficiency of renewable energy sources it touches everything. We also know that water and energy managers trying to address the impacts of climate change on western water resources are faced with three major challenges:1) Managers are faced with an overload of available tools but little understanding of which tools are most useful in addressing their particular set of challenges. 2) Most of these tools focus on pieces of the overall picture not on the interconnection between those pieces, or on the process of building comprehensive water management responses to address long-term uncertainty. 3) Water resources and energy management are rarely addressed together in management planning.In response to these challenges, we created the Carpe Diem West Academy. The Academy provides a peer-to-peer learning community, a compendium of information and tools, a strategic framework for decison making and webinar series.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Healthy Headwaters Program: The headwaters landscapes that provide most of the Wests water for cities, farms, businesses and ecosystems are fundamentally threatened by climate change. Downstream communities are concerned about their water security. These factors provide an opportunity to build the next generation of ecological protection and restoration.Carpe Diem Wests Healthy Headwaters Program supports an alliance of upstream land managers, downstream water utilities, scientists, economists, and conservation advocates whose goal is to increase the climate resiliency of the headwaters systems that provide water for the West. The Healthy Headwaters Program works to:Ensure clean abundant water for communities around the American WestConnect upstream and downstream communities in a shared mission to preserve water supplyBuild resilience for stressed watersheds as the climate changesSupport wise, multi-factored approaches to headwaters forest preservation and restorationWe support:Collaborative, community based partnershipsComprehensive water planningScience- and evidenced-based approachesBroadly shared investmentPromoting long-term resilience not just short-term solutions
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IRS990/ProgSrvcAccomActy3Grp/Desc0Horizons Program:Because climate change, the hydrologic cycle, and the human landscape of the American West are so complex, they often interact in unforeseen and unpredictable ways. The results of these interactions can be difficult to detect, because we dont know what we are looking for, and we dont necessarily attribute effects to climate change when we do see them.By keeping in regular contact with a far-flung set of professionals in diverse fields, Carpe Diem West keeps abreast of emerging trends and developments that have implications for the broader intersection of western water and climate. Using a robust, cross-sector approach based on the broad Carpe Diem West Network, we can identify and engage a core group of leaders who are in the best position to analyze emerging trend information from the field, formulate effective responses, and incorporate those responses into specific actions by Carpe Diem West. - See more at: http://www.carpediemwest.org/what-we-do/horizons-program#sthash.UkERxeIH.dpuf
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Horizons Program:Because climate change, the hydrologic cycle, and the human landscape of the American West are so complex, they often interact in unforeseen and unpredictable ways. The results of these interactions can be difficult to detect, because we dont know what we are looking for, and we dont necessarily attribute effects to climate change when we do see them.By keeping in regular contact with a far-flung set of professionals in diverse fields, Carpe Diem West keeps abreast of emerging trends and developments that have implications for the broader intersection of western water and climate. Using a robust, cross-sector approach based on the broad Carpe Diem West Network, we can identify and engage a core group of leaders who are in the best position to analyze emerging trend information from the field, formulate effective responses, and incorporate those responses into specific actions by Carpe Diem West. - See more at: http://www.carpediemwest.org/what-we-do/horizons-program#sthash.UkERxeIH.dpuf
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Carpe Diem WEst's 990 is prepared by an independent CPA, reviewed by the President/CEO and a copy of the 990 is given to each member of the board of directors for discussion and review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Carpe Diem West monitors and enforces its conflict of interest policy by following full disclosure of possible conflict of interest or any condition (as listed in the organizations conflict of interest policy), the board of directors shall determine whether a conflict exists, and if so, the board shall vote to authorize or reject the transaction or take any other action deemed necessary to address the conflict and protect Carpe Diem West's best interests. All board members, staff members or any other key stakeholders upon commencement of such person's relationship with Carpe Diem West shall sign and date the policy and each year thereafter. Failure to sign does not nullify the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Carpe Diem West determines compensation for the President/CEO and other employees by conducting a survey of similar positions based on experience required, geographic location, and scope of programs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All documents are available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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ReturnHeader/BuildTS02016-03-07 17:11:31Z
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