Civic Intelligence

Participatory Culture Foundation Inc

990 • Fiscal year 2016 • EIN 20-2630593

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 22, 2017

75 North Main StreetLeominster, MA 01453

(347) 687-7525

Siviq Scores

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

Liabilities / Assets

98th percentile

1.84x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.70x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

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

Top Officer Pay

78th percentile

$126,767

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

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

Asset Growth

96th percentile

100%

Faster asset growth than 96% of similar nonprofits.

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

Revenue Growth

89th percentile

51%

Faster revenue growth than 89% of similar nonprofits.

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

Assets

Up

$885,818

Up $443,841 (+100%) from 2015

Net Assets

Up

-$745,795

Up $327,600 (+31%) from 2015

Liabilities

Up

$1,631,613

Up $116,241 (+7.7%) from 2015

Revenue

Up

$2,334,977

Up $793,481 (+51%) from 2015

Expenses

Up

$2,007,377

Up $652,035 (+48%) from 2015

Net Income

Up

$327,600

Up $141,446 (+76%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $201,298Liabilities 2010: $31,166Net Assets 2010: $170,1322010Assets 2011: $440,173Liabilities 2011: $444,535Net Assets 2011: -$4,3622011Assets 2012: $349,636Liabilities 2012: $1,161,323Net Assets 2012: -$811,6872012Assets 2013: $353,860Liabilities 2013: $1,508,456Net Assets 2013: -$1,154,5962013Assets 2014: $305,464Liabilities 2014: $1,565,013Net Assets 2014: -$1,259,5492014Assets 2015: $441,977Liabilities 2015: $1,515,372Net Assets 2015: -$1,073,3952015Assets 2016: $885,818Liabilities 2016: $1,631,613Net Assets 2016: -$745,7952016Assets 2017: $1,079,626Liabilities 2017: $1,575,670Net Assets 2017: -$496,0442017Assets 2018: $1,260,896Liabilities 2018: $1,554,978Net Assets 2018: -$294,0822018Assets 2019: $815,910Liabilities 2019: $941,717Net Assets 2019: -$125,8072019Assets 2020: $1,526,228Liabilities 2020: $856,586Net Assets 2020: $669,6422020Assets 2021: $1,418,302Liabilities 2021: $821,578Net Assets 2021: $596,7242021Assets 2022: $887,241Liabilities 2022: $718,825Net Assets 2022: $168,4162022

Highlighted filing

2016

Assets$885,818
Liabilities$1,631,613
Net Assets-$745,795

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $862,9252010Expenses 2011: $1,353,4512011Revenue 2012: $944,161Expenses 2012: $1,751,486Net Income 2012: -$807,3252012Revenue 2013: $940,492Expenses 2013: $1,283,401Net Income 2013: -$342,9092013Revenue 2014: $976,492Expenses 2014: $1,081,445Net Income 2014: -$104,9532014Revenue 2015: $1,541,496Expenses 2015: $1,355,342Net Income 2015: $186,1542015Revenue 2016: $2,334,977Expenses 2016: $2,007,377Net Income 2016: $327,6002016Revenue 2017: $2,385,178Expenses 2017: $2,135,427Net Income 2017: $249,7512017Revenue 2018: $2,379,565Expenses 2018: $2,177,603Net Income 2018: $201,9622018Revenue 2019: $2,004,840Expenses 2019: $1,836,565Net Income 2019: $168,2752019Revenue 2020: $2,603,232Expenses 2020: $1,807,783Net Income 2020: $795,4492020Revenue 2021: $1,710,892Expenses 2021: $1,783,810Net Income 2021: -$72,9182021Revenue 2022: $1,420,885Expenses 2022: $1,849,193Net Income 2022: -$428,3082022

Highlighted filing

2016

Revenue$2,334,977
Expenses$2,007,377
Net Income$327,600
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 22, 2017
Return Version
2016v3.0
Gross Receipts
$2,334,977
Mission and Program Overview

Mission

To build tools and services that give people more ways to engage in their culture.

To provide a more open and diverse world of online video through open source software and open internet protocols.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$179,073$437,801▲ $258,728
Accounts Receivable$120,397$251,857▲ $131,460
Prepaid Expenses and Deferred Charges$18,880$26,721▲ $7,841
Intangible Assets$18,961$17,294▼ $1,667
Land, Buildings, and Equipment, Net$1,857$0▼ $1,857
Total Assets$441,977$885,818▲ $443,841
Other Assets Total$102,809$152,145▲ $49,336
Liabilities
Unsecured Notes Loans Payable$1,350,000$1,350,000→ $0
Accounts Payable and Accrued Expenses$165,372$281,613▲ $116,241
Total Liabilities$1,515,372$1,631,613▲ $116,241
Net Assets / Fund Balance
Unrestricted Net Assets$-1,073,395$-745,795▲ $327,600
Total Net Assets Fund Balance$-1,073,395$-745,795▲ $327,600
Total Liabilities and Net Assets / Fund Balance$441,977$885,818▲ $443,841

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$31,948$31,948
Other Assets Org$152,145--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Aleli AlcalaDirectorFT$126,767$126,767
Dean JansenExecutive DirectorFT$43,298$43,298

Board Members and Trustees

NameTitle
David GlasscoPresident
Nicholas RevilleDirector
Rick HessDirector
stefan Magdalinskidirector
Tiffiniy ChengSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$5,668
Program Service Revenue
$2,327,106
Investment Income
$46
Other Revenue
$2,157
All Other Contributions
$5,668
Change in Net Assets
$327,600

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,334,977
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$30,025
Total Revenue per Audited Statements
$2,365,002
Total Revenue per Form 990
$2,334,977
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,492,756
Salaries, Compensation, and Employee Benefits$514,621
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$477,255$37,366-$514,621
Other Expenses$321,535$1,463-$322,998
Fees for Services Other-$43,253-$43,253
Office Expenses-$22,712-$22,712
Insurance-$4,955-$4,955
Depreciation Depletion$1,667$1,857-$3,524
Travel$1,751$1,222-$2,973
Total Functional Expenses$1,884,623$122,754$0$2,007,377

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,037,402
Expenses per Audited Statements$2,007,377
Total Expenses per Form 990$2,007,377
Expenses Not Reported on Form 990$30,025
Expenses Not Reported on Financial Statements$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
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 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 11B

The governing board reviews copies of of all financial and tax forms prior to filing.

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

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy on a yearly basis.

Form 990, Part VI, Section B, line 15

Compensation is determined by board approval after review.

Form 990, Part VI, Section C, line 19

The organization furnishes copies of financial statements and related tax forms upon request.

Filing and Contact Details

Filer

Filer Name
Participatory Culture Foundation Inc
EIN
20-2630593
Phone
3476877525
Address
75 North Main Street, Leominster, MA 01453

Signing Officer

Name
Dean Jansen
Title
Executive Director
Phone
3476877525
Signed
2017-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dean Jansen
Formed
2005
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
8
Volunteers
0

Preparer

Firm
Robert C Alario CPA Pc
Address
292 PARK AVENUE, WORCESTER, MA 01609
Preparer
Robert C Alario
Phone
5087557575
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

Imbued interest on non-interest bearing loan 400.

Part XII, Line 2D - Other Adjustments:

Imbued interest on non-interest bearing loan 400.

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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02332774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01533197
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0936557
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0901024
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0792750
IRS990ScheduleA/Total509Grp/TotalAmt06496302
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02334977
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01541496
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0976492
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0901024
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0792750
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06546739
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt029625
IRS990ScheduleD/DonatedServicesUseFcltsAmt029625
IRS990ScheduleD/ExpensesNotReportedAmt030025
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02007377
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0152145
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER RECEIVABLE
IRS990ScheduleD/OtherExpensesIncludedAmt0400
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031948
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031948
IRS990ScheduleD/OtherRevenueAmt0400
IRS990ScheduleD/RevenueNotReportedAmt030025
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02334977
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IMBUED INTEREST ON NON-INTEREST BEARING LOAN 400.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1IMBUED INTEREST ON NON-INTEREST BEARING LOAN 400.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0152145
IRS990ScheduleD/TotalExpensesPerForm990Amt02007377
IRS990ScheduleD/TotalRevenuePerForm990Amt02334977
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02365002
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02037402
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BOARD REVIEWS COPIES OF OF ALL FINANCIAL AND TAX FORMS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy on a yearly basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS DETERMINED BY BOARD APPROVAL AFTER REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION FURNISHES COPIES OF FINANCIAL STATEMENTS AND RELATED TAX FORMS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0441977
IRS990/TotalAssetsEOYAmt0885818
IRS990/TotalAssetsGrp/BOYAmt0441977
IRS990/TotalAssetsGrp/EOYAmt0885818
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05668
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0122754
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01884623
IRS990/TotalFunctionalExpensesGrp/TotalAmt02007377
IRS990/TotalGrossUBIAmt02157
IRS990/TotalLiabilitiesBOYAmt01515372
IRS990/TotalLiabilitiesEOYAmt01631613
IRS990/TotalLiabilitiesGrp/BOYAmt01515372
IRS990/TotalLiabilitiesGrp/EOYAmt01631613
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1073395
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-745795
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0196482
IRS990/TotalProgramServiceExpensesAmt01884623
IRS990/TotalProgramServiceRevenueAmt02327106
IRS990/TotalReportableCompFromOrgAmt0170065
IRS990/TotalRevenueGrp/ExclusionAmt046
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02327106
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02334977
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02157
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0441977
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0885818
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01222
IRS990/TravelGrp/ProgramServicesAmt01751
IRS990/TravelGrp/TotalAmt02973
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1073395
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-745795
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01350000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01350000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt075 North Main Street
IRS990/USAddress/CityNm0Leominster
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001453
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.participatoryculture.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEAN JANSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03476877525
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARTICIPATORY CULTURE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PART
ReturnHeader/Filer/EIN0202630593
ReturnHeader/Filer/PhoneNum03476877525
ReturnHeader/Filer/USAddress/AddressLine1Txt075 North Main Street
ReturnHeader/Filer/USAddress/CityNm0Leominster
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001453
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId060043A22348E08E776FE608DD472D3EED496A4DA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.237.239.66
ReturnHeader/FilingSecurityInformation/IPDt02017-08-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm008:56:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043344305
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT C ALARIO CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0292 PARK AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001609
ReturnHeader/PreparerPersonGrp/PhoneNum05087557575
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert C Alario

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.72$0.17$1.42$1.85$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.82$0.60$1.71$1.78$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.86$0.67$2.60$1.81$0.80
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.94$0.13$2.00$1.84$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.26$1.55$0.29$2.38$2.18$0.20
2017Detailed filing. Detailed filing data is available for this year.$1.08$1.58$0.50$2.39$2.14$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.89$1.63$0.75$2.33$2.01$0.33
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$1.52$1.07$1.54$1.36$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.31$1.57$1.26$0.98$1.08$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.35$1.51$1.15$0.94$1.28$0.34
2012Summary only. Only limited summary data is available for this year.$0.35$1.16$0.81$0.94$1.75$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.44$0.00$1.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.03$0.17$0.86