Civic Intelligence

Kltv Inc.

990 • Fiscal year 2021 • EIN 23-7448881

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 31, 2022

PO Box 702Longview, WA 98632

(360) 636-3310

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

43rd percentile

9.0%

Higher net margin than 43% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

70th percentile

$100,480

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

45th percentile

6.8%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

68th percentile

33%

Faster revenue growth than 68% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,588,995

Up $101,527 (+6.8%) from 2020

Net Assets

Up

$1,586,078

Up $103,696 (+7.0%) from 2020

Liabilities

Down

$2,917

Down $2,169 (-43%) from 2020

Revenue

Up

$542,344

Up $135,635 (+33%) from 2020

Expenses

Down

$493,773

Down $19,155 (-3.7%) from 2020

Net Income

Up

$48,571

Up $154,790 (+146%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $1,505,271Liabilities 2014: $26,531Net Assets 2014: $1,478,7402014Assets 2015: $1,570,686Liabilities 2015: $19,366Net Assets 2015: $1,551,3202015Assets 2016: $1,508,885Liabilities 2016: $6,800Net Assets 2016: $1,502,0852016Assets 2017: $1,485,496Liabilities 2017: $5,556Net Assets 2017: $1,479,9402017Assets 2018: $1,565,466Liabilities 2018: $28,933Net Assets 2018: $1,536,5332018Assets 2019: $1,542,702Liabilities 2019: $9,226Net Assets 2019: $1,533,4762019Assets 2020: $1,487,468Liabilities 2020: $5,086Net Assets 2020: $1,482,3822020Assets 2021: $1,588,995Liabilities 2021: $2,917Net Assets 2021: $1,586,0782021Assets 2022: $1,694,731Liabilities 2022: $79,422Net Assets 2022: $1,615,3092022Assets 2023: $1,602,934Liabilities 2023: $7,846Net Assets 2023: $1,595,0882023Assets 2024: $1,603,996Liabilities 2024: $7,623Net Assets 2024: $1,596,3732024

Highlighted filing

2021

Assets$1,588,995
Liabilities$2,917
Net Assets$1,586,078

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $502,630Expenses 2014: $489,381Net Income 2014: $13,2492014Revenue 2015: $547,696Expenses 2015: $475,116Net Income 2015: $72,5802015Revenue 2016: $459,516Expenses 2016: $508,751Net Income 2016: -$49,2352016Revenue 2017: $513,679Expenses 2017: $535,824Net Income 2017: -$22,1452017Revenue 2018: $608,118Expenses 2018: $551,525Net Income 2018: $56,5932018Revenue 2019: $515,817Expenses 2019: $518,874Net Income 2019: -$3,0572019Revenue 2020: $406,709Expenses 2020: $512,928Net Income 2020: -$106,2192020Revenue 2021: $542,344Expenses 2021: $493,773Net Income 2021: $48,5712021Revenue 2022: $550,414Expenses 2022: $521,183Net Income 2022: $29,2312022Revenue 2023: $529,741Expenses 2023: $550,723Net Income 2023: -$20,9822023Revenue 2024: $609,139Expenses 2024: $606,603Net Income 2024: $2,5362024

Highlighted filing

2021

Revenue$542,344
Expenses$493,773
Net Income$48,571
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 31, 2022
Return Version
2021v4.0
Gross Receipts
$561,016
Mission and Program Overview

Mission

The purpose of this organization is to provide educational opportunities to the general public through public access to tv broadcasting. Also provides an outlet for individuals and organizations who would like to express their creativity or interests. Kltv operates in a cooperative partnership with comcast and funding jurisdictions to facilitate open communication between government agencies and citizens, residents and their neighbors, and nonprofit organizations within the community at large.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$612,924$765,073▲ $152,149
Land, Buildings, and Equipment, Net$632,761$575,982▼ $56,779
Savings and Temporary Cash Investments$231,320$237,882▲ $6,562
Prepaid Expenses and Deferred Charges$10,088$9,816▼ $272
Accounts Receivable$375$242▼ $133
Total Assets$1,487,468$1,588,995▲ $101,527
Liabilities
Accounts Payable and Accrued Expenses$4,986$2,817▼ $2,169
Other Liabilities$100$100→ $0
Total Liabilities$5,086$2,917▼ $2,169
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,482,382$1,586,078▲ $103,696
Total Net Assets Fund Balance$1,482,382$1,586,078▲ $103,696
Total Liabilities and Net Assets / Fund Balance$1,487,468$1,588,995▲ $101,527

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$76,574$927,399$1,003,973
Buildings$363,342$242,054$377,827
Land$136,066-$136,066
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Barry VerrillExecutive DiFT$100,480$100,480

Board Members and Trustees

NameTitle
Alice DietzPresident
David FutcherDirector
Jim JohnstonDirector
Tom LeeDirector
Bart FinnelSecretary
Marlene JohansonTreasurer
Rich ColemanVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$515,323
Program Service Revenue
$12,904
Investment Income
$606
Other Revenue
$13,511
All Other Contributions
$250
Change in Net Assets
$48,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$324,220
Other Expenses$169,553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$158,240--$158,240
Current Officers, Directors, Trustees, and Key Employees$50,240$50,240-$100,480
Depreciation Depletion$50,460--$50,460
Other Employee Benefits$33,282$7,807-$41,089
Payroll Taxes$19,773$4,638-$24,411
Fees for Services Accounting-$15,255-$15,255
Insurance$12,165$2,147-$14,312
Office Expenses$2,475$7,427-$9,902
All Other Expenses$1,714$2,991-$4,705
Other Expenses$4,350$2,022-$4,350
Advertising-$3,500-$3,500
Travel$2,305--$2,305
Total Functional Expenses$397,746$96,027$0$493,773
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rental - Security Deposits$100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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 6

Members can vote for board of directors and bylaw changes.

Form 990, Page 6, Part VI, Line 7A

Board needs approval by the members to change the bylaws.

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

Made available to review if requested. Executive director review return.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are made available to interested parties upon request.

Filing and Contact Details

Filer

Filer Name
Kltv Inc
EIN
23-7448881
Phone
3606363310
Address
PO BOX 702, LONGVIEW, WA 98632

Signing Officer

Name
Barry Verrill
Title
Executive Director
Phone
3606363310
Signed
2022-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barry Verrill
Formed
1973
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
7

Preparer

Firm
Futcher CPA Group Ps
Address
700 LINCOLN ST STE 200, KELSO, WA 98626-1062
Preparer
David Futcher CPA
Phone
3606364200
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of this organization is to provide educational opportunities to the general public through public access to tv broadcasting. Also provides an outlet for individuals and organizations who would like to express their creativity or interests. Kltv operates in a cooperative partnership with comcast and funding jurisdictions to facilitate open communication between government agencies and citizens, residents and their neighbors, and nonprofit organizations within the community at large.

Form 990, Page 2, Part III, Line 4D

Public access/programming: kltv provides a vehicle for public access to television for citizens of the longview/kelso area, including programs for general interest to the local population. Kltv also produces and airs television programs for public entities. Organizations for which programs are aired frequently grant funds to cover the cost of the programs.

Form 990, Part XI, Line 9

Ppp loan forgiveness 55,125

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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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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0237882
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 50,552
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0414387
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0498794
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0561199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0500692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02490395
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0606
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0524
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0285
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0244
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0370
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02029
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0102683
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt012904
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07186
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt018988
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt024378
IRS990ScheduleA/OtherIncome170Grp/TotalAmt063456
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IRS990ScheduleA/PublicSupportPY170Pct00.97550
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0498794
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0561199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0500692
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02490395
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0242054
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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0377827
IRS990ScheduleD/EquipmentGrp/BookValueAmt076574
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0927399
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01003973
IRS990ScheduleD/LandGrp/BookValueAmt0136066
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0136066
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THIS ORGANIZATION IS TO PROVIDE EDUCATIONAL OPPORTUNITIES TO THE GENERAL PUBLIC THROUGH PUBLIC ACCESS TO TV BROADCASTING. ALSO PROVIDES AN OUTLET FOR INDIVIDUALS AND ORGANIZATIONS WHO WOULD LIKE TO EXPRESS THEIR CREATIVITY OR INTERESTS. KLTV OPERATES IN A COOPERATIVE PARTNERSHIP WITH COMCAST AND FUNDING JURISDICTIONS TO FACILITATE OPEN COMMUNICATION BETWEEN GOVERNMENT AGENCIES AND CITIZENS, RESIDENTS AND THEIR NEIGHBORS, AND NONPROFIT ORGANIZATIONS WITHIN THE COMMUNITY AT LARGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PUBLIC ACCESS/PROGRAMMING: KLTV PROVIDES A VEHICLE FOR PUBLIC ACCESS TO TELEVISION FOR CITIZENS OF THE LONGVIEW/KELSO AREA, INCLUDING PROGRAMS FOR GENERAL INTEREST TO THE LOCAL POPULATION. KLTV ALSO PRODUCES AND AIRS TELEVISION PROGRAMS FOR PUBLIC ENTITIES. ORGANIZATIONS FOR WHICH PROGRAMS ARE AIRED FREQUENTLY GRANT FUNDS TO COVER THE COST OF THE PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS CAN VOTE FOR BOARD OF DIRECTORS AND BYLAW CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD NEEDS APPROVAL BY THE MEMBERS TO CHANGE THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MADE AVAILABLE TO REVIEW IF REQUESTED. EXECUTIVE DIRECTOR REVIEW RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO INTERESTED PARTIES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PPP LOAN FORGIVENESS 55,125
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0397746
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IRS990/TotalOtherProgSrvcExpenseAmt050240
IRS990/TotalProgramServiceExpensesAmt0397746
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013511
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IRS990/TravelGrp/ProgramServicesAmt02305
IRS990/TravelGrp/TotalAmt02305
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 702
IRS990/USAddress/CityNm0LONGVIEW
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098632
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BARRY VERRILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03606363310
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KLTV INC
ReturnHeader/Filer/BusinessNameControlTxt0KLTV
ReturnHeader/Filer/EIN0237448881
ReturnHeader/Filer/PhoneNum03606363310
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 702
ReturnHeader/Filer/USAddress/CityNm0LONGVIEW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098632
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911506178
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FUTCHER CPA GROUP PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 LINCOLN ST STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KELSO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0986261062
ReturnHeader/PreparerPersonGrp/PhoneNum03606364200
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID FUTCHER CPA
ReturnHeader/ReturnTs02022-11-02T13:31:27-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BARRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VERRILL
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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