Civic Intelligence

Sequim Community Broadcasting

990EZ • Fiscal year 2018 • EIN 20-2816387

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 29, 2019

PO Box 723Sequim, WA 98382

(360) 681-0000

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

0.48x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

61st percentile

8.6%

Higher net margin than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

56th percentile

5.0%

Faster asset growth than 56% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

27th percentile

-16%

Faster revenue growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$462,018

Up $22,111 (+5.0%) from 2017

Net Assets

Up

$387,915

Up $13,328 (+3.6%) from 2017

Liabilities

Up

$74,103

Up $8,783 (+13%) from 2017

Revenue

Down

$155,179

Down $30,315 (-16%) from 2017

Expenses

Up

$141,851

Up $5,773 (+4.2%) from 2017

Net Income

Down

$13,328

Down $36,088 (-73%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $119,303Liabilities 2010: $159,923Net Assets 2010: -$40,6202010Assets 2011: $104,154Liabilities 2011: $159,9232011Assets 2012: $110,253Liabilities 2012: $159,923Net Assets 2012: -$49,6702012Assets 2013: $463,185Liabilities 2013: $153,156Net Assets 2013: $310,0292013Assets 2014: $444,461Liabilities 2014: $127,530Net Assets 2014: $316,9312014Assets 2015: $436,710Liabilities 2015: $106,364Net Assets 2015: $330,3462015Assets 2016: $414,802Liabilities 2016: $86,181Net Assets 2016: $328,6212016Assets 2017: $439,907Liabilities 2017: $65,320Net Assets 2017: $374,5872017Assets 2018: $462,018Liabilities 2018: $74,103Net Assets 2018: $387,9152018Assets 2019: $446,144Liabilities 2019: $47,010Net Assets 2019: $399,1342019Assets 2020: $461,738Liabilities 2020: $113,119Net Assets 2020: $348,6192020Assets 2021: $427,855Liabilities 2021: $102,214Net Assets 2021: $325,6412021Assets 2022: $504,060Liabilities 2022: $208,235Net Assets 2022: $295,8252022Assets 2023: $490,015Liabilities 2023: $208,732Net Assets 2023: $281,2832023Assets 2024: $484,994Liabilities 2024: $197,790Net Assets 2024: $287,2042024

Highlighted filing

2018

Assets$462,018
Liabilities$74,103
Net Assets$387,915

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $78,905Expenses 2010: $97,000Net Income 2010: -$18,0952010Revenue 2011: $70,083Expenses 2011: $85,232Net Income 2011: -$15,1492011Revenue 2012: $119,192Expenses 2012: $113,093Net Income 2012: $6,0992012Revenue 2013: $281,264Expenses 2013: $102,585Net Income 2013: $178,6792013Revenue 2014: $148,684Expenses 2014: $141,782Net Income 2014: $6,9022014Revenue 2015: $140,720Expenses 2015: $127,305Net Income 2015: $13,4152015Revenue 2016: $118,596Expenses 2016: $118,515Net Income 2016: $812016Revenue 2017: $185,494Expenses 2017: $136,078Net Income 2017: $49,4162017Revenue 2018: $155,179Expenses 2018: $141,851Net Income 2018: $13,3282018Revenue 2019: $190,546Expenses 2019: $174,416Net Income 2019: $16,1302019Revenue 2020: $146,826Expenses 2020: $196,957Net Income 2020: -$50,1312020Revenue 2021: $201,545Expenses 2021: $219,558Net Income 2021: -$18,0132021Revenue 2022: $196,294Expenses 2022: $218,254Net Income 2022: -$21,9602022Revenue 2023: $207,253Expenses 2023: $227,248Net Income 2023: -$19,9952023Revenue 2024: $228,963Expenses 2024: $221,014Net Income 2024: $7,9492024

Highlighted filing

2018

Revenue$155,179
Expenses$141,851
Net Income$13,328
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 29, 2019
Return Version
2018v3.1
Gross Receipts
$167,411
Mission and Program Overview

Mission

Broadcast quality radio programming

Program Services

DescriptionGrantsExpenses
PUBLIC RADIO STATION BEGAN BROADCASTING LIVE IN DECEMBER 2008 FOR THE BENEFIT OF THE LOCAL COMMUNITY AND BEYOND-$52,045
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE DOOLEYPresident-$0--
JEFFREY BANKSTONVice PresidentFT$0--
SCOTT SCHERERTreasurer-$0--
JAMES HINDESSecretary-$0--
LYNDA PERRYDirector-$0--
AL FRIESSDirector-$0--
DERECK BROWNDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall 2017$51,758$51,758-$51,758
Summer 2017$28,625$28,625-$28,625
Total Events$80,383$80,383-$80,383
Filing and Contact Details

Filer

Filer Name
Sequim Community Broadcasting
EIN
20-2816387
Address
PO BOX 723, SEQUIM, WA 98382

Signing Officer

Name
George Dooley
Title
President
Phone
3606810000
Signed
2019-04-29
Discuss with paid preparer
Yes

Preparer

Firm
Omega Business Center
Address
PO BOX 700, Sequim, WA 98382
Preparer
Randy Kientz
Phone
3606834149
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountdepreciation from 4562 26,268advertising 4,803promotions 989bank charges 4,691broadcast fees and royalties 2,033cleaning supplies 407computer repair and supplies 6,486business fees and license 800donation and fundraising management 3,743dues and subscriptions 1,395miscellaneous 2,605office expenses 1,054security service 446studio expenses 548tower expenses 10,920travel 385volunteer recognition 1,247non cash in kind trade 332website 336

Description of other assets Part II line 24

Category beginning of year end of yearintangible assets 14,034 11,796machinery and equipment 31,104 42,887

Description of total liabilities Part II line 26

Category beginning of year end of yearaccounts payable 0 2,871secured mortgages and notes 65,320 71,232

Raw XML Appendix180 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GEORGE DOOLEY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SUMMER 2017
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL 2017
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028625
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt051758
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTDEPRECIATION FROM 4562 26,268ADVERTISING 4,803PROMOTIONS 989BANK CHARGES 4,691BROADCAST FEES AND ROYALTIES 2,033CLEANING SUPPLIES 407COMPUTER REPAIR AND SUPPLIES 6,486BUSINESS FEES AND LICENSE 800DONATION AND FUNDRAISING MANAGEMENT 3,743DUES AND SUBSCRIPTIONS 1,395MISCELLANEOUS 2,605OFFICE EXPENSES 1,054SECURITY SERVICE 446STUDIO EXPENSES 548TOWER EXPENSES 10,920TRAVEL 385VOLUNTEER RECOGNITION 1,247NON CASH IN KIND TRADE 332WEBSITE 336
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARINTANGIBLE ASSETS 14,034 11,796MACHINERY AND EQUIPMENT 31,104 42,887
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE 0 2,871SECURED MORTGAGES AND NOTES 65,320 71,232
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/Filer/EIN0202816387
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ReturnHeader/FilingSecurityInformation/IPTm010:12:57
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ReturnHeader/PreparerPersonGrp/PhoneNum03606834149
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-06
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ReturnHeader/ReturnTs02019-05-06T18:45:27-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$1.98$2.87$2.29$2.21$0.08
2023Detailed filing. Detailed filing data is available for this year.$4.90$2.09$2.81$2.07$2.27$0.20
2022Detailed filing. Detailed filing data is available for this year.$5.04$2.08$2.96$1.96$2.18$0.22
2021Detailed filing. Detailed filing data is available for this year.$4.28$1.02$3.26$2.02$2.20$0.18
2020Detailed filing. Detailed filing data is available for this year.$4.62$1.13$3.49$1.47$1.97$0.50
2019Detailed filing. Detailed filing data is available for this year.$4.46$0.47$3.99$1.91$1.74$0.16
2018Detailed filing. Detailed filing data is available for this year.$4.62$0.74$3.88$1.55$1.42$0.13
2017Detailed filing. Detailed filing data is available for this year.$4.40$0.65$3.75$1.85$1.36$0.49
2016Detailed filing. Detailed filing data is available for this year.$4.15$0.86$3.29$1.19$1.19$0.00
2015Detailed filing. Detailed filing data is available for this year.$4.37$1.06$3.30$1.41$1.27$0.13
2014Detailed filing. Detailed filing data is available for this year.$4.44$1.28$3.17$1.49$1.42$0.07
2013Detailed filing. Detailed filing data is available for this year.$4.63$1.53$3.10$2.81$1.03$1.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.60$0.50$1.19$1.13$0.06
2011Summary only. Only limited summary data is available for this year.$1.04$1.60$0.70$0.85$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$1.60$0.41$0.79$0.97$0.18