Civic Intelligence

Grassroots Television Inc.

990 • Fiscal year 2015 • EIN 23-7206525

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

110 EAST HALLAM Room 132Aspen, CO 81611

(970) 925-8000

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.02x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.16x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

23rd percentile

-8.1%

Higher net margin than 23% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

89th percentile

$106,434

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 21.2% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

14th percentile

-12%

Faster asset growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$78,637

Down $11,103 (-12%) from 2014

Net Assets

Down

-$1,673

Down $40,539 (-104%) from 2014

Liabilities

Up

$80,310

Up $29,436 (+58%) from 2014

Revenue

Up

$503,104

Up $52,696 (+12%) from 2014

Expenses

Up

$543,660

Up $88,727 (+20%) from 2014

Net Income

Down

-$40,556

Down $36,031 (-796%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2013: $43,903Liabilities 2013: $512Net Assets 2013: $43,3912013Assets 2014: $89,740Liabilities 2014: $50,874Net Assets 2014: $38,8662014Assets 2015: $78,637Liabilities 2015: $80,310Net Assets 2015: -$1,6732015Assets 2016: $82,441Liabilities 2016: $109,970Net Assets 2016: -$27,5292016Assets 2017: $72,268Liabilities 2017: $85,777Net Assets 2017: -$13,5092017Assets 2018: $82,255Liabilities 2018: $66,297Net Assets 2018: $15,9582018Assets 2019: $56,118Liabilities 2019: $41,126Net Assets 2019: $14,9922019Assets 2020: $90,222Liabilities 2020: $31,171Net Assets 2020: $59,0512020Assets 2021: $67,308Liabilities 2021: $24,282Net Assets 2021: $43,0262021Assets 2022: $329,626Liabilities 2022: $684Net Assets 2022: $328,9422022Assets 2024: $182,022Liabilities 2024: -$7,161Net Assets 2024: $189,1832024

Highlighted filing

2015

Assets$78,637
Liabilities$80,310
Net Assets-$1,673

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $480,556Expenses 2013: $466,472Net Income 2013: $14,0842013Revenue 2014: $450,408Expenses 2014: $454,933Net Income 2014: -$4,5252014Revenue 2015: $503,104Expenses 2015: $543,660Net Income 2015: -$40,5562015Revenue 2016: $474,499Expenses 2016: $500,518Net Income 2016: -$26,0192016Revenue 2017: $429,659Expenses 2017: $415,639Net Income 2017: $14,0202017Revenue 2018: $521,159Expenses 2018: $405,720Net Income 2018: $115,4392018Revenue 2019: $427,328Expenses 2019: $428,294Net Income 2019: -$9662019Revenue 2020: $429,512Expenses 2020: $434,575Net Income 2020: -$5,0632020Revenue 2021: $410,340Expenses 2021: $431,586Net Income 2021: -$21,2462021Revenue 2022: $746,729Expenses 2022: $462,280Net Income 2022: $284,4492022Revenue 2024: $406,068Expenses 2024: $484,292Net Income 2024: -$78,2242024

Highlighted filing

2015

Revenue$503,104
Expenses$543,660
Net Income-$40,556
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$503,104
Mission and Program Overview

Mission

To provide and nurture open channels of communication for the citizens of the roaring fork valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$57,057$83,284▲ $26,227
Cap Stk Tr Prin Current Funds$38,866$-1,673▼ $40,539
Cash and Non-Interest-Bearing Accounts$30,638$-6,692▼ $37,330
Total Assets$89,740$78,637▼ $11,103
Other Assets Total$2,045$2,045→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$50,001$80,001▲ $30,000
Accounts Payable and Accrued Expenses$873$309▼ $564
Total Liabilities$50,874$80,310▲ $29,436
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,866$-1,673▼ $40,539
Total Liabilities and Net Assets / Fund Balance$89,740$78,637▼ $11,103

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$83,284$687,958$771,242
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John MastersExecutive DirectorFT$106,434$106,434
Ashley AllisonStation ManagerFT$70,505$70,505
Rye ZupancisStation ManagerPT$38,827$38,827

Board Members and Trustees

NameTitle
Paul MentorPresident
Brook LevanVice President
Ellen WinterDirector
Scott WrightDirector
Chris BryanSecretary
John LewinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$214,594
Program Service Revenue
$287,848
Investment Income
$662
Other Revenue
$0
All Other Contributions
$72,029
Change in Net Assets
$-40,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$387,213
Other Expenses$156,447
Total Fundraising Expense$27,559
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$172,612$21,577$21,577$215,766
Other Salaries and Wages$171,447--$171,447
Occupancy$47,857$5,982$5,982$59,821
Other Expenses$34,659--$34,649
Depreciation Depletion$18,258--$18,258
Insurance$6,114--$6,114
Interest$3,192--$3,192
Travel$2,809--$2,809
Total Functional Expenses$485,491$27,559$27,559$543,660
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
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
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11A

The organization provides a copy of the Form 990 to the Board Members for their review and comment prior to filing the return.

Filing and Contact Details

Filer

Filer Name
Grassroots Television Inc
EIN
23-7206525
Phone
9709258000
Address
110 EAST HALLAM Room 132, ASPEN, CO 81611

Signing Officer

Name
John Masters
Title
Executive Director
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Masters
Formed
1972
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
6
Employees
14

Preparer

Firm
Joseph Kowar Esq
Address
461 Original Road, Basalt, CO 81621
Preparer
Joseph Kowar Esq
Phone
9709272407
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt07465
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99650
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.98870
IRS990ScheduleA/PublicSupportTotal170Amt02419567
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0502442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0450406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0480555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0509971
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0476193
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02419567
IRS990ScheduleA/TotalSupportAmt02428053
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt083284
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0687958
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0771242
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt083284
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/LicensedStatesCd0CO
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization provides a copy of the Form 990 to the Board Members for their review and comment prior to filing the return.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt089740
IRS990/TotalAssetsEOYAmt078637
IRS990/TotalAssetsGrp/BOYAmt089740
IRS990/TotalAssetsGrp/EOYAmt078637
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0214594
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt027559
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027559
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0485491
IRS990/TotalFunctionalExpensesGrp/TotalAmt0543660
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt050874
IRS990/TotalLiabilitiesEOYAmt080310
IRS990/TotalLiabilitiesGrp/BOYAmt050874
IRS990/TotalLiabilitiesGrp/EOYAmt080310
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt038866
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1673
IRS990/TotalProgramServiceExpensesAmt0485931
IRS990/TotalProgramServiceRevenueAmt0287848
IRS990/TotalReportableCompFromOrgAmt0215766
IRS990/TotalRevenueGrp/ExclusionAmt0662
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0287848
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0503104
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt089740
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt078637
IRS990/TravelGrp/ProgramServicesAmt02809
IRS990/TravelGrp/TotalAmt02809
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0110 HALLAM STREET SUITE 132
IRS990/USAddress/CityNm0ASPEN
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd081611
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0GRASSROOTSTV.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MASTERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRASSROOTS TELEVISION INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAS
ReturnHeader/Filer/EIN0237206525
ReturnHeader/Filer/PhoneNum09709258000
ReturnHeader/Filer/USAddress/AddressLine1Txt0110 EAST HALLAM Room 132
ReturnHeader/Filer/USAddress/CityNm0ASPEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081611
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Joseph Kowar Esq
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0461 Original Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Basalt
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd081621
ReturnHeader/PreparerPersonGrp/PhoneNum09709272407
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph Kowar Esq
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-11-14T09:00:09-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01

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