Civic Intelligence

Radio Talking Book Service Inc.

990 • Fiscal year 2016 • EIN 23-7437638

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 13, 2017

7101 Newport Ave Ste 205Omaha, NE 68152

(402) 572-3003

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

17th percentile

-19%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

12th percentile

-37%

Faster asset growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

40th percentile

-5.2%

Faster revenue growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$85,066

Down $49,802 (-37%) from 2015

Net Assets

Down

$80,107

Down $47,673 (-37%) from 2015

Liabilities

Down

$4,959

Down $2,129 (-30%) from 2015

Revenue

Down

$255,243

Down $13,918 (-5.2%) from 2015

Expenses

Up

$302,916

Up $56,169 (+23%) from 2015

Net Income

Down

-$47,673

Down $70,087 (-313%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $134,868Liabilities 2015: $7,088Net Assets 2015: $127,7802015Assets 2016: $85,066Liabilities 2016: $4,959Net Assets 2016: $80,1072016Assets 2017: $78,332Liabilities 2017: $3,718Net Assets 2017: $74,6142017Assets 2018: $48,523Liabilities 2018: $468Net Assets 2018: $48,0552018Assets 2019: $44,538Liabilities 2019: $20,286Net Assets 2019: $24,2522019Assets 2020: $51,665Liabilities 2020: $11,300Net Assets 2020: $40,3652020Assets 2021: $31,342Liabilities 2021: $7,306Net Assets 2021: $24,0362021Assets 2022: $93,372Liabilities 2022: $11,010Net Assets 2022: $82,3622022Assets 2023: $101,445Liabilities 2023: $5,211Net Assets 2023: $96,2342023Assets 2024: $191,115Liabilities 2024: $4,741Net Assets 2024: $186,3742024

Highlighted filing

2016

Assets$85,066
Liabilities$4,959
Net Assets$80,107

Operations Trend

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

$400K$200K$0-$200KRevenue 2015: $269,161Expenses 2015: $246,747Net Income 2015: $22,4142015Revenue 2016: $255,243Expenses 2016: $302,916Net Income 2016: -$47,6732016Revenue 2017: $276,920Expenses 2017: $282,413Net Income 2017: -$5,4932017Revenue 2018: $257,935Expenses 2018: $284,494Net Income 2018: -$26,5592018Revenue 2019: $256,591Expenses 2019: $280,394Net Income 2019: -$23,8032019Revenue 2020: $290,505Expenses 2020: $274,392Net Income 2020: $16,1132020Revenue 2021: $233,354Expenses 2021: $249,683Net Income 2021: -$16,3292021Revenue 2022: $303,342Expenses 2022: $245,016Net Income 2022: $58,3262022Revenue 2023: $275,468Expenses 2023: $261,596Net Income 2023: $13,8722023Revenue 2024: $373,761Expenses 2024: $283,621Net Income 2024: $90,1402024

Highlighted filing

2016

Revenue$255,243
Expenses$302,916
Net Income-$47,673
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 13, 2017
Return Version
2016v3.0
Gross Receipts
$255,356
Mission and Program Overview

Mission

Our mission is to provide information and cultural opportunities to individuals who have visual or physical disabilities that prevent them from reading printed material. Our goal is to enrich and enhance the lives of our listeners. We strive to be more than just a radio.

Provide statewide radio reading service for approximately 5,000 print disabled individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$121,088$77,410▼ $43,678
Land, Buildings, and Equipment, Net$13,780$7,656▼ $6,124
Total Assets$134,868$85,066▼ $49,802
Liabilities
Accounts Payable and Accrued Expenses$7,088$4,959▼ $2,129
Total Liabilities$7,088$4,959▼ $2,129
Net Assets / Fund Balance
Unrestricted Net Assets$100,291$70,107▼ $30,184
Temporarily Rstr Net Assets$27,489$10,000▼ $17,489
Total Net Assets Fund Balance$127,780$80,107▼ $47,673
Total Liabilities and Net Assets / Fund Balance$134,868$85,066▼ $49,802

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,656$22,966$30,622
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ralph MoroccoBoard Chair
Adam KuenningDirector
Bob GodingDirector
Carole Linn OdDirector
Kyle SoaresDirector
Mark NasserDirector
Michael PfluegerDirector
Naomi MarionDirector
Pastor Peggy HallDirector
Stephen Papenfuss MdDirector
Richard HarringtonSecretary
Joe SedaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$252,552
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$2,679
All Other Contributions
$202,552
Change in Net Assets
$-47,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$156,882
Other Expenses$146,034
Total Fundraising Expense$27,656
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,182$71,031$4,950$145,163
Occupancy$22,615$22,616$5,026$50,257
Information Technology$25,753$795$663$27,211
Fees for Services Accounting$5,000$5,000$2,500$12,500
Payroll Taxes$5,023$5,022$1,116$11,161
Office Expenses$2,450$3,129$2,663$8,242
Travel$2,159$3,963$1,358$7,480
Depreciation Depletion$5,614$510-$6,124
Fees for Services Other$3,090$1,073-$4,163
All Other Expenses$1,952$1,943$175$4,070
Insurance-$2,152-$2,152
Other Expenses$844$388$900$1,288
Advertising$226$568$78$872
Conferences and Meetings$123$447$123$693
Pension Plan Contributions-$558-$558
Interest-$44-$44
Total Functional Expenses$149,675$125,585$27,656$302,916
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,792
Fundraising Direct Expenses$113
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Accounting firm prepares form 990. Executive director reviews draft with officers and finance committee, comparing to financial statements. The form 990 is provided to the full board before signing.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are made available upon request at at management's discretion. Form 990 is also available on www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Radio Talking Book Service Inc
EIN
23-7437638
Phone
4025723003
Address
7101 NEWPORT AVE STE 205, OMAHA, NE 68152

Signing Officer

Name
Ralph Morocco
Title
Board Chair
Phone
4025723003
Signed
2017-02-13

Organization Details

Principal Officer
Ralph Morocco
Formed
1974
Legal Domicile
Ne
Voting Board Members
12
Independent Board Members
12
Employees
10
Volunteers
782

Preparer

Firm
Schleisman Onken & Associates Pc
Address
13434 A STREET, OMAHA, NE 68144
Preparer
Jane B Onken
Phone
4023343089
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission is to provide information and cultural opportunities to individuals who have visual or physical disabilities that prevent them from reading printed material. Our goal is to enrich and enhance the lives of our listeners. We strive to be more than just a radio.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO PROVIDE INFORMATION AND CULTURAL OPPORTUNITIES TO INDIVIDUALS WHO HAVE VISUAL OR PHYSICAL DISABILITIES THAT PREVENT THEM FROM READING PRINTED MATERIAL. OUR GOAL IS TO ENRICH AND ENHANCE THE LIVES OF OUR LISTENERS. WE STRIVE TO BE MORE THAN JUST A RADIO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING FIRM PREPARES FORM 990. EXECUTIVE DIRECTOR REVIEWS DRAFT WITH OFFICERS AND FINANCE COMMITTEE, COMPARING TO FINANCIAL STATEMENTS. THE FORM 990 IS PROVIDED TO THE FULL BOARD BEFORE SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AT AT MANAGEMENT'S DISCRETION. FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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