Civic Intelligence

Catholic Press Association of the United States and Canada Inc

990 • Fiscal year 2019 • EIN 13-1687519

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 04, 2020

205 W MonroeChicago, IL 60606

(312) 380-6789

Siviq Scores

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

Liabilities / Assets

58th percentile

0.06x

Higher debt load relative to assets than 58% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

58th percentile

0.05x

Higher debt load relative to revenue than 58% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

57th percentile

6.8%

Higher net margin than 57% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$134,238

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

17th percentile

-9.3%

Faster asset growth than 17% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

25th percentile

-9.4%

Faster revenue growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$658,898

Down $67,787 (-9.3%) from 2018

Net Assets

Up

$620,585

Up $52,874 (+9.3%) from 2018

Liabilities

Down

$38,313

Down $120,661 (-76%) from 2018

Revenue

Down

$728,131

Down $75,561 (-9.4%) from 2018

Expenses

Up

$678,766

Up $31,448 (+4.9%) from 2018

Net Income

Down

$49,365

Down $107,009 (-68%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $736,583Liabilities 2011: $380,031Net Assets 2011: $356,5522011Assets 2012: $757,004Liabilities 2012: $374,308Net Assets 2012: $382,6962012Assets 2013: $358,066Liabilities 2013: $334,480Net Assets 2013: $23,5862013Assets 2014: $371,396Liabilities 2014: $326,677Net Assets 2014: $44,7192014Assets 2015: $655,018Liabilities 2015: $350,741Net Assets 2015: $304,2772015Assets 2016: $746,472Liabilities 2016: $341,483Net Assets 2016: $404,9892016Assets 2017: $770,217Liabilities 2017: $357,902Net Assets 2017: $412,3152017Assets 2018: $726,685Liabilities 2018: $158,974Net Assets 2018: $567,7112018Assets 2019: $658,898Liabilities 2019: $38,313Net Assets 2019: $620,5852019Assets 2020: $731,993Liabilities 2020: $96,703Net Assets 2020: $635,2902020Assets 2021: $868,447Liabilities 2021: $40,949Net Assets 2021: $827,4982021Assets 2022: $810,169Liabilities 2022: $26,164Net Assets 2022: $784,0052022Assets 2023: $813,959Liabilities 2023: $68,891Net Assets 2023: $745,0682023Assets 2024: $841,123Liabilities 2024: $74,829Net Assets 2024: $766,2942024

Highlighted filing

2019

Assets$658,898
Liabilities$38,313
Net Assets$620,585

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $726,228Expenses 2011: $751,614Net Income 2011: -$25,3862011Expenses 2012: $607,8652012Revenue 2013: $620,242Expenses 2013: $598,131Net Income 2013: $22,1112013Revenue 2014: $662,790Expenses 2014: $598,657Net Income 2014: $64,1332014Revenue 2015: $859,070Expenses 2015: $599,512Net Income 2015: $259,5582015Revenue 2016: $758,353Expenses 2016: $655,296Net Income 2016: $103,0572016Revenue 2017: $712,149Expenses 2017: $703,759Net Income 2017: $8,3902017Revenue 2018: $803,692Expenses 2018: $647,318Net Income 2018: $156,3742018Revenue 2019: $728,131Expenses 2019: $678,766Net Income 2019: $49,3652019Revenue 2020: $581,470Expenses 2020: $591,571Net Income 2020: -$10,1012020Revenue 2021: $732,183Expenses 2021: $553,444Net Income 2021: $178,7392021Revenue 2022: $764,780Expenses 2022: $714,883Net Income 2022: $49,8972022Revenue 2023: $733,043Expenses 2023: $832,041Net Income 2023: -$98,9982023Revenue 2024: $795,274Expenses 2024: $817,683Net Income 2024: -$22,4092024

Highlighted filing

2019

Revenue$728,131
Expenses$678,766
Net Income$49,365
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 4, 2020
Return Version
2019v5.0
Gross Receipts
$728,131
Mission and Program Overview

Mission

The mission of the Catholic Press Association of the United States and Canada is to build and strengthen the value, effectiveness, and identity of Catholic media by facilitating the professional development and spiritual growth of our members. We contribute to the Church's mission of communicating the Good News and evangelizing the modern world by engaging and supporting the content creators and distributors of Catholic media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$649,775$299,657▼ $350,118
Prepaid Expenses and Deferred Charges$48,510$35,163▼ $13,347
Cash and Non-Interest-Bearing Accounts$14,348$11,485▼ $2,863
Land, Buildings, and Equipment, Net-$2,703-
Accounts Receivable$8,015$831▼ $7,184
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$726,685$658,898▼ $67,787
Other Assets Total$6,037$309,059▲ $303,022
Liabilities
Deferred Revenue$124,242$20,078▼ $104,164
Accounts Payable and Accrued Expenses$34,732$18,235▼ $16,497
Total Liabilities$158,974$38,313▼ $120,661
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$544,758$578,207▲ $33,449
Net Assets With Donor Restrictions$22,953$42,378▲ $19,425
Total Net Assets Fund Balance$567,711$620,585▲ $52,874
Total Liabilities and Net Assets / Fund Balance$726,685$658,898▼ $67,787

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$13,815-
Equipment$2,703$676-
Leasehold Improvements-$11,505-
Other Assets Org$5,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim WalterExecutive DirectorFT$134,238$134,238

Board Members and Trustees

NameTitle
Rev Michael F BurbidgeHonorary President
JD Long-GarciaPresident
Amy KawulaVice President
Alton PelowskiDirector
Ana Rodriguez-SotoDirector
Deirdre MaysdDirector
Ed LangloisDirector
Jennifer BrinkerDirector
Joe TowalskiDirector
John FeisterDirector
Maria WieringDirector
Matthew SchillerDirector
Michael La CivitaDirector
Paula Gwynn GrantDirector
Katherine LongSecretary
Joe SinasacTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,219
Program Service Revenue
$618,204
Investment Income
$8,168
Other Revenue
$3,540
All Other Contributions
$98,219
Change in Net Assets
$49,365

Audited Revenue Reconciliation

Revenue per Audited Statements
$728,131
Revenue Not Reported on Form 990
$3,509
Total Revenue per Audited Statements
$731,640
Total Revenue per Form 990
$728,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$358,054
Salaries, Compensation, and Employee Benefits$320,712
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$59,269$83,392-$142,661
Current Officers, Directors, Trustees, and Key Employees$55,038$79,200-$134,238
Conferences and Meetings$110,341$6,224-$116,565
Fees for Services Other$55,714$17,163-$72,877
Occupancy$29,872$7,007-$36,879
Payroll Taxes$9,028$12,992-$22,020
Information Technology$7,725$12,847-$20,572
Travel$9,762$6,201-$15,963
All Other Expenses$6,113$8,235-$14,348
Pension Plan Contributions$5,208$7,494-$12,702
Office Expenses$855$10,622-$11,477
Insurance$532$8,711-$9,243
Other Employee Benefits$3,727$5,364-$9,091
Other Expenses$7,524$1,679-$7,524
Fees for Services Accounting-$7,500-$7,500
Advertising$3,691--$3,691
Depreciation Depletion-$676-$676
Total Functional Expenses$400,412$278,354$0$678,766

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$678,766
Total Expenses per Audited Statements$678,766
Total Expenses per Form 990$678,766
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
Yes
Audit committee
No
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
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 6: Explanation of Classes of Members or Shareholder

The organization is a membership organization of catholic newspapers, magazines, and general publishers and their staff, and it is supported principally by fees from its members. Its activities include an annual convention, marketing research and management consulting services, and various publications.

Form 990, Part VI, Line 11B: Form 990 Review Process

The board of directors determines the appropriate members responsible for reviewing the 990 before filing; all issues, concerns, etc., are promptly discussed and satisfactorily addressed. Assigned reviewers have the appropriate fiscal knowledge to adequately review the 990.

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

As per the organization's conflict of interest policy, directors and executive management personnel are required to disclose any management or consulting agreements with any company or firm which does business with the organization. If such agreements exist, the individual(s) is (are) expected to disclose full particulars to the entire board and hold themselves apart.

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

The organization's executive director is responsible for performing performance evaluations of the organization's employees. The executive director sets employee compensation, and such rates and evaluations are communicated to the board of directors. The board of directors annually reviews the performance of executive management personnel. It is the board's policy to utilize comparability measures across like organizations, coupled with said evaluations, to determine the compensation of executive management personnel.

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

The organization's governing documents and conflict of interest policy are posted and available on the organization's website. The organization makes available for public inspection its financial statements and tax filings upon written request.

Filing and Contact Details

Filer

Filer Name
Catholic Press Association
EIN
13-1687519
Phone
3123806789
Address
205 W MONROE, CHICAGO, IL 60606

Signing Officer

Name
Tim Walter
Title
Executive Director
Signed
2020-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Walter
Formed
1911
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
15
Employees
5
Volunteers
20

Preparer

Firm
Il Nfp Audit and Tax Llp
Address
564 W RANDOLPH STREET SUITE 200, CHICAGO, IL 60661
Preparer
Alfredo Rodriguez CPA
Phone
3129985500
Supplemental Narrative

Additional Explanations

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

OTHER PROGRAM SERVICES 4: Research and Consulting: Includes research and consulting primarily for member organizations and some outside parties. OTHER PROGRAM SERVICES 5: Membership - Includes programs for meetings, surveys, training, and other services.

Financial Statement Notes

Part X : FIN48 Footnote

Fin 48 - the organization is exempt from federal and state income taxes under section 501 (c) (3) of the internal revenue code, therefore, the financial statements do not include a provision for income taxes. The organization reviews income tax positions taken or expect to take in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustain on examination by taking authorities, based on the technical merits of the positions. The organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the irs.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Honorary President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
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IRS990/InsuranceGrp/TotalAmt09243
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IRS990/MissionDesc0The mission of the Catholic Press Association of the United States and Canada is to build and strengthen the value, effectiveness, and identity of Catholic media by facilitating the professional development and spiritual growth of our members. We contribute to the Church's mission of communicating the Good News and evangelizing the modern world by engaging and supporting the content creators and distributors of Catholic media.
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IRS990/OtherExpensesGrp/Desc0Printing and Publications
IRS990/OtherExpensesGrp/Desc1Postage and Shipping
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IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12976
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21679
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IRS990/ProgramServiceRevenueGrp/Desc0ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc1ANNUAL CONVENTION
IRS990/ProgramServiceRevenueGrp/Desc2AWARDS
IRS990/ProgramServiceRevenueGrp/Desc3DIRECTORY
IRS990/ProgramServiceRevenueGrp/Desc4MEMBERSHIP DUES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1140855
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24192
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2140855
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IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt215030
IRS990/ProgSrvcAccomActy2Grp/Desc0Awards: Award program to recognize excellence in Catholic Journalism; Catholic Book Publishing; Catholic Alumni and Student Publications; and Film, Radio, Television, and Cross-Platform Media Production.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt076846
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0140855
IRS990/ProgSrvcAccomActy3Grp/Desc0Directory and Publications: Includes a monthly newsletter, an annual directory, and a website. It also includes advertising placements in member publications and on the Organization's website.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt023334
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.41$0.75$7.66$7.95$8.18$0.22
2023Detailed filing. Detailed filing data is available for this year.$8.14$0.69$7.45$7.33$8.32$0.99
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$8.10$0.26$7.84$7.65$7.15$0.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.68$0.41$8.27$7.32$5.53$1.79
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.32$0.97$6.35$5.81$5.92$0.10
2019Detailed filing. Detailed filing data is available for this year.$6.59$0.38$6.21$7.28$6.79$0.49
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.27$1.59$5.68$8.04$6.47$1.56
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.70$3.58$4.12$7.12$7.04$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.46$3.41$4.05$7.58$6.55$1.03
2015Detailed filing. Detailed filing data is available for this year.$6.55$3.51$3.04$8.59$6.00$2.60
2014Detailed filing. Detailed filing data is available for this year.$3.71$3.27$0.45$6.63$5.99$0.64
2013Detailed filing. Detailed filing data is available for this year.$3.58$3.34$0.24$6.20$5.98$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.57$3.74$3.83$6.08
2011Summary only. Only limited summary data is available for this year.$7.37$3.80$3.57$7.26$7.52$0.25