Civic Intelligence

Ryokan College

990 • Fiscal year 2016 • EIN 95-3385517

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 15, 2017

11965 Venice Blvd No 304Los Angeles, CA 90066

(310) 390-7560

Siviq Scores

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

Liabilities / Assets

94th percentile

1.25x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

2.10x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

15th percentile

-21%

Higher net margin than 15% of similar nonprofits.

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

Top Officer Pay

57th percentile

$76,350

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

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

Asset Growth

7th percentile

-17%

Faster asset growth than 7% of similar nonprofits.

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

Revenue Growth

13th percentile

-26%

Faster revenue growth than 13% of similar nonprofits.

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

Assets

Down

$1,495,613

Down $313,877 (-17%) from 2015

Net Assets

Down

-$378,671

Down $595,444 (-275%) from 2015

Liabilities

Up

$1,874,284

Up $281,567 (+18%) from 2015

Revenue

Down

$894,234

Down $311,581 (-26%) from 2015

Expenses

Down

$1,083,111

Down $91,872 (-7.8%) from 2015

Net Income

Down

-$188,877

Down $219,709 (-713%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,152,667Liabilities 2011: $2,337,650Net Assets 2011: -$184,9832011Assets 2012: $2,086,504Liabilities 2012: $2,075,557Net Assets 2012: $10,9472012Assets 2013: $1,947,457Liabilities 2013: $1,823,645Net Assets 2013: $123,8122013Assets 2014: $1,978,681Liabilities 2014: $1,792,740Net Assets 2014: $185,9412014Assets 2015: $1,809,490Liabilities 2015: $1,592,717Net Assets 2015: $216,7732015Assets 2016: $1,495,613Liabilities 2016: $1,874,284Net Assets 2016: -$378,6712016Assets 2017: $1,294,571Liabilities 2017: $1,953,849Net Assets 2017: -$659,2782017

Highlighted filing

2016

Assets$1,495,613
Liabilities$1,874,284
Net Assets-$378,671

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,497,559Expenses 2011: $1,471,560Net Income 2011: $25,9992011Expenses 2012: $1,170,2292012Revenue 2013: $1,248,592Expenses 2013: $1,135,727Net Income 2013: $112,8652013Revenue 2014: $1,331,789Expenses 2014: $1,269,660Net Income 2014: $62,1292014Revenue 2015: $1,205,815Expenses 2015: $1,174,983Net Income 2015: $30,8322015Revenue 2016: $894,234Expenses 2016: $1,083,111Net Income 2016: -$188,8772016Revenue 2017: $891,232Expenses 2017: $1,171,839Net Income 2017: -$280,6072017

Highlighted filing

2016

Revenue$894,234
Expenses$1,083,111
Net Income-$188,877
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$894,234
Mission and Program Overview

Mission

College educational institution

Institution of higher education

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,721,472$1,433,076▼ $288,396
Cash and Non-Interest-Bearing Accounts$51,606$32,028▼ $19,578
Prepaid Expenses and Deferred Charges$26,149$17,336▼ $8,813
Savings and Temporary Cash Investments$4,235$4,153▼ $82
Land, Buildings, and Equipment, Net$1,044$420▼ $624
Total Assets$1,809,490$1,495,613▼ $313,877
Other Assets Total$4,984$8,600▲ $3,616
Liabilities
Deferred Revenue$1,034,278$1,160,727▲ $126,449
Other Liabilities$430,631$618,444▲ $187,813
Accounts Payable and Accrued Expenses$127,808$95,113▼ $32,695
Total Liabilities$1,592,717$1,874,284▲ $281,567
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$17,861-
Unrestricted Net Assets-$-396,532-
Total Net Assets Fund Balance$216,773$-378,671▼ $595,444
Total Liabilities and Net Assets / Fund Balance$1,809,490$1,495,613▼ $313,877

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$420$107,850$108,270
Compensation and Service Providers

Employees

NameTitleBaseTotal
Steve ArthurPresident$76,350$76,350
Andrew Scott GreerDirector$53,519$53,519
Karin E RossSecretary$34,697$34,697

Board Members and Trustees

NameTitle
Allan ComeauChairman
Bruce OsbornDirector
Jack MayhallDirector
Jane ShatzDirector
Mark TrestonDirector
Robert SmithDirector
Roger BowermanDirector
Ross WilliamsDirector
Susan NobleDirector
Wendy CherryDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$19,705
Program Service Revenue
$864,773
Investment Income
$9,756
Other Revenue
$0
All Other Contributions
$19,705
Change in Net Assets
$-188,877

Audited Revenue Reconciliation

Revenue per Audited Statements
$894,234
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$894,234
Total Revenue per Form 990
$894,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$667,354
Other Expenses$415,757
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$213,189$228,783-$441,972
Current Officers, Directors, Trustees, and Key Employees-$95,506-$95,506
Occupancy-$95,226-$95,226
Other Employee Benefits-$79,113-$79,113
Information Technology$65,847--$65,847
Payroll Taxes-$50,763-$50,763
All Other Expenses$20,869$28,612-$49,481
Travel$14,512$14,603-$29,115
Fees for Services Legal-$26,044-$26,044
Fees for Services Accounting-$23,635-$23,635
Office Expenses-$19,541-$19,541
Other Expenses$17,569$15,122-$15,122
Advertising$14,769--$14,769
Interest-$12,118-$12,118
Insurance-$8,672-$8,672
Fees for Services Management$1,475--$1,475
Depreciation Depletion-$624-$624
Total Functional Expenses$348,230$734,881$0$1,083,111

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,083,111
Total Expenses per Audited Statements$1,083,111
Total Expenses per Form 990$1,083,111
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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

Other Reported Liabilities

LiabilityAmount
Settlement Payable$532,000
Other Current Liabilities$78,944
Refunds Payable$7,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
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 B, Line 11

Review takes place at board of directors meetings.

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

Management reviews the existence of conflicts of interest annually and upon changes in the board.

Form 990, Part VI, Section B, Line 15

The board annually reviews comparable salaries and their discussions are recorded in the minutes.

Form 990, Part VI, Section C, Line 19

The college has a brochure describing its policies which is made available to the public both written and online.

Filing and Contact Details

Filer

Filer Name
Ryokan College
EIN
95-3385517
Phone
3103907560
Address
11965 VENICE BLVD NO 304, LOS ANGELES, CA 90066

Signing Officer

Name
Steve Arthur
Title
President
Phone
3103907560
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Arthur
Formed
1978
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
9
Employees
52
Volunteers
0

Preparer

Firm
Dac Advisory Services
Address
400 CONTINENTAL BLVD 6TH FLOOR, EL SEGUNDO, CA 90245
Preparer
Brent M Hellickson CPA
Phone
3104262641
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

Necessary prior period fund balance adjustments were determined during the audit of financial statements for the fiscal-year ending june 30, 2016. These adjustments were made relating to fiscal-years ending june 30, 2014 and june 30, 2015 and were made to properly increase accounts receivable allowance, accrue additional credit card debt and to true-up a legal settlement. The june 30, 2016 audit report accurately reflects a negative fund balance of $378,671 at fiscal-year end. The prior period adjustment on form 990, part xi, line 8 is reported to properly account for the adjustments reflected in the audit report.

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IRS990/MissionDesc0RYOKAN COLLEGE IS DEDICATED TO EDUCATING STUDENTS IN PSYCHOLOGY, THE BASIS OF HUMAN AWARENESS, EFFECTIVE COMMUNICATION, AND HEALTHY RELATIONSHIPS. THROUGH ONLINE PROGRAMS COMPRISED OF SYNCHRONOUS CLASSES THAT FOSTER THESE EDUCATIONAL GOALS, AS WELL AS SELF-GROWTH, THE COLLEGE IS ABLE TO PREPARE ADULT LEARNERS FOR PROFESSIONAL CAREERS IN BEHAVIORAL HEALTH SO THEY CAN GUIDE INDIVIDUALS TO IMPROVE THEIR LIVES AND ULTIMATELY THE WELL-BEING OF THE GLOBAL COMMUNITY.
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IRS990/PayrollTaxesGrp/TotalAmt050763
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026149
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017336
IRS990/PrincipalOfficerNm0STEVE ARTHUR
IRS990/PriorPeriodAdjustmentsAmt0-406567
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0864773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0864773
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06931
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015073
IRS990/PYOtherExpensesAmt0583267
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01183811
IRS990/PYRevenuesLessExpensesAmt030832
IRS990/PYSalariesCompEmpBnftPaidAmt0591716
IRS990/PYTotalExpensesAmt01174983
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01205815
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-188877
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0894234
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04235
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04153
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01083111
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0420
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0107850
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0108270
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt078944
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2532000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REFUNDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SETTLEMENT PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0894234
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0420
IRS990ScheduleD/TotalExpensesPerForm990Amt01083111
IRS990ScheduleD/TotalLiabilityAmt0618444
IRS990ScheduleD/TotalRevenuePerForm990Amt0894234
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0894234
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01083111
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/ExplanationTxt0THE COLLEGE HAS A BROCHURE DESCRIBING ITS POLICIES WHICH IS MADE AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW TAKES PLACE AT BOARD OF DIRECTORS MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT REVIEWS THE EXISTENCE OF CONFLICTS OF INTEREST ANNUALLY AND UPON CHANGES IN THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ANNUALLY REVIEWS COMPARABLE SALARIES AND THEIR DISCUSSIONS ARE RECORDED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COLLEGE HAS A BROCHURE DESCRIBING ITS POLICIES WHICH IS MADE AVAILABLE TO THE PUBLIC BOTH WRITTEN AND ONLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NECESSARY PRIOR PERIOD FUND BALANCE ADJUSTMENTS WERE DETERMINED DURING THE AUDIT OF FINANCIAL STATEMENTS FOR THE FISCAL-YEAR ENDING JUNE 30, 2016. THESE ADJUSTMENTS WERE MADE RELATING TO FISCAL-YEARS ENDING JUNE 30, 2014 AND JUNE 30, 2015 AND WERE MADE TO PROPERLY INCREASE ACCOUNTS RECEIVABLE ALLOWANCE, ACCRUE ADDITIONAL CREDIT CARD DEBT AND TO TRUE-UP A LEGAL SETTLEMENT. THE JUNE 30, 2016 AUDIT REPORT ACCURATELY REFLECTS A NEGATIVE FUND BALANCE OF $378,671 AT FISCAL-YEAR END. THE PRIOR PERIOD ADJUSTMENT ON FORM 990, PART XI, LINE 8 IS REPORTED TO PROPERLY ACCOUNT FOR THE ADJUSTMENTS REFLECTED IN THE AUDIT REPORT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 8
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt017861
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01809490
IRS990/TotalAssetsEOYAmt01495613
IRS990/TotalAssetsGrp/BOYAmt01809490
IRS990/TotalAssetsGrp/EOYAmt01495613
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt019705
IRS990/TotalEmployeeCnt052
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0734881
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0348230
IRS990/TotalFunctionalExpensesGrp/TotalAmt01083111
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01592717
IRS990/TotalLiabilitiesEOYAmt01874284
IRS990/TotalLiabilitiesGrp/BOYAmt01592717
IRS990/TotalLiabilitiesGrp/EOYAmt01874284
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0216773
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-378671
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0348230
IRS990/TotalProgramServiceRevenueAmt0864773
IRS990/TotalReportableCompFromOrgAmt0164566
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0874529
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0894234
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01809490
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01495613
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt014603
IRS990/TravelGrp/ProgramServicesAmt014512
IRS990/TravelGrp/TotalAmt029115
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

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