Civic Intelligence

Local TV Inc.

990 • Fiscal year 2015 • EIN 11-2669935

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 07, 2016

PO Box 799Wainscott, NY 11975

(631) 537-2777

Siviq Scores

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

Liabilities / Assets

66th percentile

0.15x

Higher debt load relative to assets than 66% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

67th percentile

0.20x

Higher debt load relative to revenue than 67% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE A • $1M-$5M nonprofits • Source year 2015

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

39th percentile

-1.4%

Faster revenue growth than 39% of similar nonprofits.

2015 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,006,375

Down $171,147 (-15%) from 2014

Net Assets

Down

$852,468

Down $130,567 (-13%) from 2014

Liabilities

Down

$153,907

Down $40,580 (-21%) from 2014

Revenue

Down

$772,501

Down $10,915 (-1.4%) from 2014

Expenses

Up

$903,068

Up $123,795 (+16%) from 2014

Net Income

Down

-$130,567

Down $134,710 (-3252%) from 2014

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 2011: $969,685Liabilities 2011: $152,561Net Assets 2011: $817,1242011Assets 2012: $1,018,531Liabilities 2012: $134,594Net Assets 2012: $883,9372012Assets 2013: $1,131,456Liabilities 2013: $152,564Net Assets 2013: $978,8922013Assets 2014: $1,177,522Liabilities 2014: $194,487Net Assets 2014: $983,0352014Assets 2015: $1,006,375Liabilities 2015: $153,907Net Assets 2015: $852,4682015Assets 2016: $861,576Liabilities 2016: $120,576Net Assets 2016: $741,0002016Assets 2017: $852,456Liabilities 2017: $91,607Net Assets 2017: $760,8492017Assets 2018: $767,912Liabilities 2018: $36,359Net Assets 2018: $731,5532018Assets 2019: $741,451Liabilities 2019: $28,532Net Assets 2019: $712,9192019Assets 2020: $792,181Liabilities 2020: $15,797Net Assets 2020: $776,3842020Assets 2021: $949,781Liabilities 2021: $20,813Net Assets 2021: $928,9682021Assets 2022: $1,161,109Liabilities 2022: $42,999Net Assets 2022: $1,118,1102022Assets 2023: $1,214,556Liabilities 2023: $76,531Net Assets 2023: $1,138,0252023Assets 2024: $1,130,527Liabilities 2024: $40,825Net Assets 2024: $1,089,7022024

Highlighted filing

2015

Assets$1,006,375
Liabilities$153,907
Net Assets$852,468

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $808,4542011Expenses 2012: $778,4432012Revenue 2013: $907,890Expenses 2013: $812,935Net Income 2013: $94,9552013Revenue 2014: $783,416Expenses 2014: $779,273Net Income 2014: $4,1432014Revenue 2015: $772,501Expenses 2015: $903,068Net Income 2015: -$130,5672015Revenue 2016: $774,259Expenses 2016: $885,727Net Income 2016: -$111,4682016Revenue 2017: $848,721Expenses 2017: $828,872Net Income 2017: $19,8492017Revenue 2018: $774,628Expenses 2018: $803,924Net Income 2018: -$29,2962018Revenue 2019: $831,831Expenses 2019: $850,465Net Income 2019: -$18,6342019Revenue 2020: $1,024,068Expenses 2020: $960,603Net Income 2020: $63,4652020Revenue 2021: $908,591Expenses 2021: $756,007Net Income 2021: $152,5842021Revenue 2022: $1,102,875Expenses 2022: $913,733Net Income 2022: $189,1422022Revenue 2023: $1,233,628Expenses 2023: $1,213,713Net Income 2023: $19,9152023Revenue 2024: $1,392,379Expenses 2024: $1,440,702Net Income 2024: -$48,3232024

Highlighted filing

2015

Revenue$772,501
Expenses$903,068
Net Income-$130,567
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 7, 2016
Return Version
2015v2.0
Gross Receipts
$772,501
Mission and Program Overview

Mission

To provide public access television.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$574,217$583,800▲ $9,583
Cash and Non-Interest-Bearing Accounts$520,088$236,038▼ $284,050
Savings and Temporary Cash Investments-$110,948-
Accounts Receivable$54,638$68,483▲ $13,845
Prepaid Expenses and Deferred Charges$20,000$0▼ $20,000
Intangible Assets$6,754$5,506▼ $1,248
Inventories for Sale or Use$1,825$1,600▼ $225
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Total Assets$1,177,522$1,006,375▼ $171,147
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$174,737$144,352▼ $30,385
Accounts Payable and Accrued Expenses$19,750$9,555▼ $10,195
Total Liabilities$194,487$153,907▼ $40,580
Net Assets / Fund Balance
Unrestricted Net Assets$983,035$852,468▼ $130,567
Total Net Assets Fund Balance$983,035$852,468▼ $130,567
Total Liabilities and Net Assets / Fund Balance$1,177,522$1,006,375▼ $171,147

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$306,240$431,701-
Other Land Buildings$2,669$48,363-
Equipment$274,891$1,186,189-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert StradaChairman
Jim ShellyVice CHAIRMAN
Brian LeaverBoard Member
Debra MceaneyBoard Member
Irene TullyBoard Member
Kate RabinowitzBoard Member
Michelle MurphyBoard Member
Eva GrowneyCo-treasurer
Ian Calder PiedmontCo-treasurer
Elena Prohaska GlinnSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$756,709
Program Service Revenue
$15,681
Investment Income
$111
Other Revenue
$0
All Other Contributions
$17,621
Change in Net Assets
$-130,567

Audited Revenue Reconciliation

Revenue per Audited Statements
$772,716
Revenue Not Reported on Financial Statements
$-215
Other Revenue Adjustments
$-215
Total Revenue per Audited Statements
$772,716
Total Revenue per Form 990
$772,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$542,954
Other Expenses$360,114
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$383,312$56,468-$439,780
Depreciation Depletion$111,265--$111,265
Other Employee Benefits$56,236$8,284-$64,520
Fees for Services Accounting-$49,450-$49,450
Payroll Taxes$33,691$4,963-$38,654
Fees for Services Legal-$34,608-$34,608
Insurance-$24,432-$24,432
All Other Expenses$7,105$10,693-$17,798
Interest-$9,325-$9,325
Other Expenses$8,947$28,777-$8,947
Office Expenses-$6,209-$6,209
Advertising-$6,073-$6,073
Travel-$3,871-$3,871
Total Functional Expenses$630,627$272,441$0$903,068

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$903,283
Total Expenses per Audited Statements$903,283
Total Expenses per Form 990$903,068
Expenses Not Reported on Financial Statements$-215
Other Expense Adjustments$-215
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
No
Annual disclosure for covered persons
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

The director, chairman and treasurer review the tax returns and make any required adjustments. A copy is forwarded to the full board for approval prior to filing.

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

Documents are available upon request.

Form 990, Part VI Section B, Line 12 to 14

The Conflict of Interest, Document Retention/Destruction and Whistleblower Policies have been created and adopted in 2016.

Filing and Contact Details

Filer

Filer Name
Local Tv Inc
EIN
11-2669935
Phone
6315372777
Address
PO BOX 799, WAINSCOTT, NY 11975

Signing Officer

Name
Ian Calder Piedmont
Title
Co-treasurer
Signed
2016-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ian Calder Piedmont
Formed
1980
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
19
Volunteers
10

Preparer

Firm
Sabel & Oplinger CPA Pc
Address
PO BOX 1307, SOUTHAMPTON, NY 11969-1307
Preparer
Thomas E Oplinger CPA
Phone
6312832370
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt056236
IRS990/OtherEmployeeBenefitsGrp/TotalAmt064520
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3EDUCATION AND SEMINARS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029288
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt128777
IRS990/OtherExpensesGrp/ProgramServicesAmt030071
IRS990/OtherExpensesGrp/ProgramServicesAmt18947
IRS990/OtherExpensesGrp/TotalAmt030071
IRS990/OtherExpensesGrp/TotalAmt129288
IRS990/OtherExpensesGrp/TotalAmt228777
IRS990/OtherExpensesGrp/TotalAmt38947
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056468
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0383312
IRS990/OtherSalariesAndWagesGrp/TotalAmt0439780
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04963
IRS990/PayrollTaxesGrp/ProgramServicesAmt033691
IRS990/PayrollTaxesGrp/TotalAmt038654
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0IAN CALDER PIEDMONT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TV PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015681
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015681
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0763215
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0101
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0341839
IRS990/PYProgramServiceRevenueAmt020100
IRS990/PYRevenuesLessExpensesAmt04143
IRS990/PYSalariesCompEmpBnftPaidAmt0437434
IRS990/PYTotalExpensesAmt0779273
IRS990/PYTotalRevenueAmt0783416
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-130567
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0739088
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0110948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0756709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0763215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0872961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0807132
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0720358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03920375
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt03920375
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0756709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0763215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0872961
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0807132
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0720358
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03920375
IRS990ScheduleA/TotalSupportAmt03920375
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0306240
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0431701
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0737941
IRS990ScheduleD/EquipmentGrp/BookValueAmt0274891
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01186189
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01461080
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-215
IRS990ScheduleD/ExpensesSubtotalAmt0903283
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-215
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02669
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048363
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt051032
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-215
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-215
IRS990ScheduleD/RevenueSubtotalAmt0772716
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0583800
IRS990ScheduleD/TotalExpensesPerForm990Amt0903068
IRS990ScheduleD/TotalRevenuePerForm990Amt0772501
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0772716
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0903283
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The director, chairman and treasurer review the tax returns and make any required adjustments. A copy is forwarded to the full board for approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Conflict of Interest, Document Retention/Destruction and Whistleblower Policies have been created and adopted in 2016.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI Section B, Line 12 to 14
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01177522
IRS990/TotalAssetsEOYAmt01006375
IRS990/TotalAssetsGrp/BOYAmt01177522
IRS990/TotalAssetsGrp/EOYAmt01006375
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0756709
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0272441
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0630627
IRS990/TotalFunctionalExpensesGrp/TotalAmt0903068
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0194487
IRS990/TotalLiabilitiesEOYAmt0153907
IRS990/TotalLiabilitiesGrp/BOYAmt0194487
IRS990/TotalLiabilitiesGrp/EOYAmt0153907
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0983035
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0852468
IRS990/TotalProgramServiceExpensesAmt0630627

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.13$0.04$1.09$1.39$1.44$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.21$0.08$1.14$1.23$1.21$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.16$0.04$1.12$1.10$0.91$0.19
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.95$0.02$0.93$0.91$0.76$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.79$0.02$0.78$1.02$0.96$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.03$0.71$0.83$0.85$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.04$0.73$0.77$0.80$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.09$0.76$0.85$0.83$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.86$0.12$0.74$0.77$0.89$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.15$0.85$0.77$0.90$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.18$0.19$0.98$0.78$0.78$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.13$0.15$0.98$0.91$0.81$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.13$0.88$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.15$0.82$0.81
Peer Organizations

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