Civic Intelligence

Audio Publishers Association

990 • Fiscal year 2014 • EIN 13-3614862

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 04, 2015

100 N 20th Street 4th FloorPhiladelphia, PA 19103

(215) 564-3484

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.18x

Higher debt load relative to assets than 62% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.23x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

22nd percentile

-4.1%

Higher net margin than 22% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Asset Growth

31st percentile

-2.2%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

29th percentile

-2.3%

Faster revenue growth than 29% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$618,124

Down $13,694 (-2.2%) from 2013

Net Assets

Down

$504,499

Down $20,260 (-3.9%) from 2013

Liabilities

Up

$113,625

Up $6,566 (+6.1%) from 2013

Revenue

Down

$499,057

Down $11,853 (-2.3%) from 2013

Expenses

Up

$519,317

Up $124,159 (+31%) from 2013

Net Income

Down

-$20,260

Down $136,012 (-118%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $376,354Liabilities 2010: $101,490Net Assets 2010: $274,8642010Assets 2011: $467,668Liabilities 2011: $129,850Net Assets 2011: $337,8182011Assets 2012: $527,432Liabilities 2012: $118,425Net Assets 2012: $409,0072012Assets 2013: $631,818Liabilities 2013: $107,059Net Assets 2013: $524,7592013Assets 2014: $618,124Liabilities 2014: $113,625Net Assets 2014: $504,4992014Assets 2015: $755,112Liabilities 2015: $192,106Net Assets 2015: $563,0062015Assets 2016: $796,550Liabilities 2016: $214,908Net Assets 2016: $581,6422016Assets 2017: $939,952Liabilities 2017: $261,210Net Assets 2017: $678,7422017Assets 2018: $941,512Liabilities 2018: $263,792Net Assets 2018: $677,7202018Assets 2019: $1,063,878Liabilities 2019: $342,715Net Assets 2019: $721,1632019Assets 2020: $1,167,799Liabilities 2020: $389,339Net Assets 2020: $778,4602020Assets 2021: $1,273,582Liabilities 2021: $366,216Net Assets 2021: $907,3662021Assets 2022: $1,413,411Liabilities 2022: $435,656Net Assets 2022: $977,7552022Assets 2023: $1,439,528Liabilities 2023: $446,765Net Assets 2023: $992,7632023Assets 2024: $1,574,463Liabilities 2024: $507,697Net Assets 2024: $1,066,7662024

Highlighted filing

2014

Assets$618,124
Liabilities$113,625
Net Assets$504,499

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $422,3802010Expenses 2011: $328,3022011Expenses 2012: $380,9042012Revenue 2013: $510,910Expenses 2013: $395,158Net Income 2013: $115,7522013Revenue 2014: $499,057Expenses 2014: $519,317Net Income 2014: -$20,2602014Revenue 2015: $528,308Expenses 2015: $469,801Net Income 2015: $58,5072015Revenue 2016: $535,647Expenses 2016: $517,011Net Income 2016: $18,6362016Revenue 2017: $637,673Expenses 2017: $540,573Net Income 2017: $97,1002017Revenue 2018: $711,980Expenses 2018: $713,002Net Income 2018: -$1,0222018Revenue 2019: $682,721Expenses 2019: $639,278Net Income 2019: $43,4432019Revenue 2020: $603,098Expenses 2020: $545,801Net Income 2020: $57,2972020Revenue 2021: $699,462Expenses 2021: $570,556Net Income 2021: $128,9062021Revenue 2022: $706,460Expenses 2022: $636,071Net Income 2022: $70,3892022Revenue 2023: $1,196,281Expenses 2023: $1,181,273Net Income 2023: $15,0082023Revenue 2024: $949,090Expenses 2024: $875,087Net Income 2024: $74,0032024

Highlighted filing

2014

Revenue$499,057
Expenses$519,317
Net Income-$20,260
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 4, 2015
Return Version
2014v5.0
Gross Receipts
$499,057
Mission and Program Overview

Mission

To advance the profession of audio publishing by means of monthly e-newsletter and trade shows to heighten awareness of spoken word audio.

To advance the profession of audio publishing by means of monthly e-newsletter adn trade shows to heighten awareness of spoken word audio.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$251,096$360,227▲ $109,131
Cash and Non-Interest-Bearing Accounts$376,312$242,908▼ $133,404
Prepaid Expenses and Deferred Charges$4,410$14,989▲ $10,579
Accounts Receivable$0$0→ $0
Total Assets$631,818$618,124▼ $13,694
Liabilities
Deferred Revenue$102,975$103,600▲ $625
Accounts Payable and Accrued Expenses$4,084$10,025▲ $5,941
Total Liabilities$107,059$113,625▲ $6,566
Net Assets / Fund Balance
Unrestricted Net Assets$524,759$504,499▼ $20,260
Total Net Assets Fund Balance$524,759$504,499▼ $20,260
Total Liabilities and Net Assets / Fund Balance$631,818$618,124▼ $13,694
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michele CobbPresident
Linda LeeVice President
Robin WhittenVice President of Member Communications
Anne FonteneauDirector
Anthony GoffDirector
Beth AndersonDirector
Katherine PuniaDirector
Laura ColebankDirector
Mary Beth RocheDirector
Tavia GilbertDirector
Todd HoytDirector
Troy JuliarDirector
Janet BensonSecretary
Sean McmanusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$156,603
Program Service Revenue
$341,895
Investment Income
$559
Other Revenue
$0
Change in Net Assets
$-20,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$519,317
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$173,452--$173,452
Advertising$138,403--$138,403
Fees for Services Management-$132,616-$132,616
Information Technology$12,637--$12,637
Fees for Services Other-$9,782-$9,782
Fees for Services Legal$5,500--$5,500
Office Expenses$2,108$1,600-$3,708
Fees for Services Accounting$2,050--$2,050
Insurance-$1,318-$1,318
Other Expenses$640--$640
Total Functional Expenses$374,001$145,316$0$519,317
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has engaged the services of fernley and fernley to manage its affairs.

Form 990, Part VI, Section A, Line 6

The organization has members. The organization's bylaws provide that only the board of directors shall have the right to vote on any matter under the bylaws, including but not limited to, the right to vote for the election of a director or directors, or on the disposition of all or substantially all of the assets, or on a dissolution, or on any changes to the article of incorporation or the bylaws.

Form 990, Part VI, Section A, Line 7A

The board of directors establishes the policies governing the conduct of elections. At the annual meetings a majority of the voting members present and voting shall elect such number of directors as necessay to fill vacancies of directors whose terms expire as of such meeting.

Form 990, Part VI, Section B, Line 11

Electronic draft copies are sent to the executive director of the association for dissemination to the board of directors with written instructions to review and approve the form in accordance with irs regulations. Written comments and questions by the board, if any, are sent to the accountant for responses. Otherwise, each board member signs off on the written instruction sheet that they approve of form 990 as prepared.

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

Members of the board are required to sign a document stating that they have no conflicts of interest between them and any outside parties that would diminish their capacity to serve; this procedure is done on a yearly basis.

Form 990, Part VI, Section C, Line 19

Any member of the general public may appear at the management offices of the association and request to inspect copies of: - association governing documents - conflict of interest policy - financial statements - form 990

Filing and Contact Details

Filer

Filer Name
Audio Publishers Association
EIN
13-3614862
Phone
2155643484
Address
100 N 20TH STREET 4TH FLOOR, PHILADELPHIA, PA 19103

Signing Officer

Name
Kristen Olszewski
Title
Executive Director
Phone
2155643484
Signed
2015-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristen Olszewski
Formed
1987
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Robin Kramer & Green Llp
Address
425 COMMERCE DRIVE SUITE 150, FORT WASHINGTON, PA 19034-2727
Preparer
Murray N Greenberg
Phone
2156418300
Raw XML Appendix371 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT OF MEMBER COMMUNICATIONS
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IRS990/PYProgramServiceRevenueAmt0510734
IRS990/PYRevenuesLessExpensesAmt0116112
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0395158
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0511270
IRS990/ReconcilationRevenueExpnssAmt0-20260
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0251096
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0360227
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ENGAGED THE SERVICES OF FERNLEY AND FERNLEY TO MANAGE ITS AFFAIRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS. THE ORGANIZATION'S BYLAWS PROVIDE THAT ONLY THE BOARD OF DIRECTORS SHALL HAVE THE RIGHT TO VOTE ON ANY MATTER UNDER THE BYLAWS, INCLUDING BUT NOT LIMITED TO, THE RIGHT TO VOTE FOR THE ELECTION OF A DIRECTOR OR DIRECTORS, OR ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS, OR ON A DISSOLUTION, OR ON ANY CHANGES TO THE ARTICLE OF INCORPORATION OR THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ESTABLISHES THE POLICIES GOVERNING THE CONDUCT OF ELECTIONS. AT THE ANNUAL MEETINGS A MAJORITY OF THE VOTING MEMBERS PRESENT AND VOTING SHALL ELECT SUCH NUMBER OF DIRECTORS AS NECESSAY TO FILL VACANCIES OF DIRECTORS WHOSE TERMS EXPIRE AS OF SUCH MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ELECTRONIC DRAFT COPIES ARE SENT TO THE EXECUTIVE DIRECTOR OF THE ASSOCIATION FOR DISSEMINATION TO THE BOARD OF DIRECTORS WITH WRITTEN INSTRUCTIONS TO REVIEW AND APPROVE THE FORM IN ACCORDANCE WITH IRS REGULATIONS. WRITTEN COMMENTS AND QUESTIONS BY THE BOARD, IF ANY, ARE SENT TO THE ACCOUNTANT FOR RESPONSES. OTHERWISE, EACH BOARD MEMBER SIGNS OFF ON THE WRITTEN INSTRUCTION SHEET THAT THEY APPROVE OF FORM 990 AS PREPARED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS OF THE BOARD ARE REQUIRED TO SIGN A DOCUMENT STATING THAT THEY HAVE NO CONFLICTS OF INTEREST BETWEEN THEM AND ANY OUTSIDE PARTIES THAT WOULD DIMINISH THEIR CAPACITY TO SERVE; THIS PROCEDURE IS DONE ON A YEARLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANY MEMBER OF THE GENERAL PUBLIC MAY APPEAR AT THE MANAGEMENT OFFICES OF THE ASSOCIATION AND REQUEST TO INSPECT COPIES OF: - ASSOCIATION GOVERNING DOCUMENTS - CONFLICT OF INTEREST POLICY - FINANCIAL STATEMENTS - FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0631818
IRS990/TotalAssetsEOYAmt0618124
IRS990/TotalAssetsGrp/BOYAmt0631818
IRS990/TotalAssetsGrp/EOYAmt0618124
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0156603
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0145316
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0374001
IRS990/TotalFunctionalExpensesGrp/TotalAmt0519317
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0107059
IRS990/TotalLiabilitiesEOYAmt0113625
IRS990/TotalLiabilitiesGrp/BOYAmt0107059
IRS990/TotalLiabilitiesGrp/EOYAmt0113625
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0524759
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0504499
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0374001
IRS990/TotalProgramServiceRevenueAmt0341895
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0559
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0341895
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0499057
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0631818
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0618124
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0524759
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0504499
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 N 20TH STREET 4TH FLOOR
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019103
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.AUDIOPUB.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTEN OLSZEWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02155643484
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AUDIO PUBLISHERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0AUDI
ReturnHeader/Filer/EIN0133614862
ReturnHeader/Filer/PhoneNum02155643484
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 N 20TH STREET 4TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232835861
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBIN KRAMER & GREEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0425 COMMERCE DRIVE SUITE 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0190342727
ReturnHeader/PreparerPersonGrp/PhoneNum02156418300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MURRAY N GREENBERG
ReturnHeader/ReturnTs02015-11-12T12:35:04-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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.$1.57$0.51$1.07$0.95$0.88$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.45$0.99$1.20$1.18$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.41$0.44$0.98$0.71$0.64$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.37$0.91$0.70$0.57$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.39$0.78$0.60$0.55$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.06$0.34$0.72$0.68$0.64$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.94$0.26$0.68$0.71$0.71$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.26$0.68$0.64$0.54$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.80$0.21$0.58$0.54$0.52$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.19$0.56$0.53$0.47$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.11$0.50$0.50$0.52$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.63$0.11$0.52$0.51$0.40$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.12$0.41$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.13$0.34$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.10$0.27$0.42