Civic Intelligence

Participatory Culture Foundation Inc

990 • Fiscal year 2017 • EIN 20-2630593

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 27, 2018

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

96th percentile

1.46x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.66x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

67th percentile

10%

Higher net margin than 67% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

85th percentile

$159,350

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

82nd percentile

22%

Faster asset growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

44th percentile

2.1%

Faster revenue growth than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,079,626

Up $193,808 (+22%) from 2016

Net Assets

Up

-$496,044

Up $249,751 (+33%) from 2016

Liabilities

Down

$1,575,670

Down $55,943 (-3.4%) from 2016

Revenue

Up

$2,385,178

Up $50,201 (+2.1%) from 2016

Expenses

Up

$2,135,427

Up $128,050 (+6.4%) from 2016

Net Income

Down

$249,751

Down $77,849 (-24%) from 2016

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

2017

Assets$1,079,626
Liabilities$1,575,670
Net Assets-$496,044

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

2017

Revenue$2,385,178
Expenses$2,135,427
Net Income$249,751
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 27, 2018
Return Version
2017v2.3
Gross Receipts
$2,385,178
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$437,801$476,186▲ $38,385
Accounts Receivable$251,857$302,129▲ $50,272
Prepaid Expenses and Deferred Charges$26,721$22,082▼ $4,639
Intangible Assets$17,294$15,627▼ $1,667
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$885,818$1,079,626▲ $193,808
Other Assets Total$152,145$263,602▲ $111,457
Liabilities
Unsecured Notes Loans Payable$1,350,000$1,350,000→ $0
Accounts Payable and Accrued Expenses$281,613$225,670▼ $55,943
Total Liabilities$1,631,613$1,575,670▼ $55,943
Net Assets / Fund Balance
Unrestricted Net Assets$-745,795$-496,044▲ $249,751
Total Net Assets Fund Balance$-745,795$-496,044▲ $249,751
Total Liabilities and Net Assets / Fund Balance$885,818$1,079,626▲ $193,808

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$31,948$31,948
Other Assets Org$263,602--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Aleli AlcalaDirectorFT$159,350$159,350
Dean JansenExecutive DirectorFT$62,850$62,850

Board Members and Trustees

NameTitle
David GlasscoPresident
Nicholas RevilleDirector
Rick HessDirector
Stefan MagdalinskiDirector
Tiffiniy ChengSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$23,641
Program Service Revenue
$2,360,623
Investment Income
$106
Other Revenue
$808
All Other Contributions
$23,641
Change in Net Assets
$249,751

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,385,178
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$35,720
Total Revenue per Audited Statements
$2,420,898
Total Revenue per Form 990
$2,385,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,474,408
Salaries, Compensation, and Employee Benefits$661,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$601,716$59,303-$661,019
Other Expenses$365,183$42,459-$407,642
Fees for Services Other-$49,816-$49,816
Office Expenses-$32,835-$32,835
Travel$25,258$2,986-$28,244
Insurance-$4,236-$4,236
Depreciation Depletion$1,667--$1,667
Total Functional Expenses$1,939,994$195,433$0$2,135,427

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,171,147
Expenses per Audited Statements$2,135,427
Total Expenses per Form 990$2,135,427
Expenses Not Reported on Form 990$35,720
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
2018-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dean Jansen
Formed
2005
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
0

Preparer

Firm
Robert C Alario CPA Pc
Address
67 MILLBROOK STREET STE 501, WORCESTER, MA 01606
Preparer
Robert C Alario
Phone
5087557575
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Imbued interest on non-interest bearing loan 80.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Imbued interest on non-interest bearing loan 80.

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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99370
IRS990ScheduleA/PublicSupportPY509Pct00.99230
IRS990ScheduleA/PublicSupportTotal509Amt08124277
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02420725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02332774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01533197
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0936557
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0901024
IRS990ScheduleA/Total509Grp/TotalAmt08124277
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02421639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02334977
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01541496
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0976492
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0901024
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08175628
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt035640
IRS990ScheduleD/DonatedServicesUseFcltsAmt035640
IRS990ScheduleD/ExpensesNotReportedAmt035720
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02135427
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0263602
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER RECEIVABLE
IRS990ScheduleD/OtherExpensesIncludedAmt080
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031948
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031948
IRS990ScheduleD/OtherRevenueAmt080
IRS990ScheduleD/RevenueNotReportedAmt035720
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02385178
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IMBUED INTEREST ON NON-INTEREST BEARING LOAN 80.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1IMBUED INTEREST ON NON-INTEREST BEARING LOAN 80.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0263602
IRS990ScheduleD/TotalExpensesPerForm990Amt02135427
IRS990ScheduleD/TotalRevenuePerForm990Amt02385178
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02420898
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02171147
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0159350
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALELI ALCALA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0159350
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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/TotalAssetsBOYAmt0885818
IRS990/TotalAssetsEOYAmt01079626
IRS990/TotalAssetsGrp/BOYAmt0885818
IRS990/TotalAssetsGrp/EOYAmt01079626
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt023641
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0195433
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01939994
IRS990/TotalFunctionalExpensesGrp/TotalAmt02135427
IRS990/TotalGrossUBIAmt0808
IRS990/TotalLiabilitiesBOYAmt01631613
IRS990/TotalLiabilitiesEOYAmt01575670
IRS990/TotalLiabilitiesGrp/BOYAmt01631613
IRS990/TotalLiabilitiesGrp/EOYAmt01575670
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-745795
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-496044
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0800407
IRS990/TotalOtherProgSrvcRevenueAmt0296169
IRS990/TotalProgramServiceExpensesAmt01939994
IRS990/TotalProgramServiceRevenueAmt02360623
IRS990/TotalReportableCompFromOrgAmt0222200
IRS990/TotalRevenueGrp/ExclusionAmt0106
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02360623
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02385178
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0808
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0885818
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01079626
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02986
IRS990/TravelGrp/ProgramServicesAmt025258
IRS990/TravelGrp/TotalAmt028244
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-745795
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-496044
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01350000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01350000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt075 NORTH MAIN STREET
IRS990/USAddress/CityNm0LEOMINSTER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001453
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.PARTICIPATORYCULTURE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

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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
Peer Organizations

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