Civic Intelligence

Kltv Inc.

990 • Fiscal year 2022 • EIN 23-7448881

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 01, 2023

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

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

47th percentile

5.3%

Higher net margin than 47% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$105,200

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

62nd percentile

6.7%

Faster asset growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

43rd percentile

1.5%

Faster revenue growth than 43% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,694,731

Up $105,736 (+6.7%) from 2021

Net Assets

Up

$1,615,309

Up $29,231 (+1.8%) from 2021

Liabilities

Up

$79,422

Up $76,505 (+2623%) from 2021

Revenue

Up

$550,414

Up $8,070 (+1.5%) from 2021

Expenses

Up

$521,183

Up $27,410 (+5.6%) from 2021

Net Income

Down

$29,231

Down $19,340 (-40%) from 2021

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

2022

Assets$1,694,731
Liabilities$79,422
Net Assets$1,615,309

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

2022

Revenue$550,414
Expenses$521,183
Net Income$29,231
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$565,146
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$765,073$805,118▲ $40,045
Land, Buildings, and Equipment, Net$575,982$639,842▲ $63,860
Savings and Temporary Cash Investments$237,882$238,371▲ $489
Prepaid Expenses and Deferred Charges$9,816$10,524▲ $708
Accounts Receivable$242$876▲ $634
Total Assets$1,588,995$1,694,731▲ $105,736
Liabilities
Accounts Payable and Accrued Expenses$2,817$79,322▲ $76,505
Other Liabilities$100$100→ $0
Total Liabilities$2,917$79,422▲ $76,505
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,586,078$1,615,309▲ $29,231
Total Net Assets Fund Balance$1,586,078$1,615,309▲ $29,231
Total Liabilities and Net Assets / Fund Balance$1,588,995$1,694,731▲ $105,736

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$145,074$936,104$1,081,178
Buildings$358,702$258,349$381,712
Land$136,066-$136,066
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Barry VerrillExecutive DiFT$105,200$105,200

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$513,731
Program Service Revenue
$12,990
Investment Income
$743
Other Revenue
$22,950
Change in Net Assets
$29,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$330,819
Other Expenses$190,364
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$159,142--$159,142
Current Officers, Directors, Trustees, and Key Employees$52,600$52,600-$105,200
Depreciation Depletion$45,703--$45,703
Other Employee Benefits$33,667$8,417-$42,084
Payroll Taxes$19,514$4,879-$24,393
Fees for Services Accounting-$22,668-$22,668
Insurance$11,372$2,007-$13,379
Travel$10,788--$10,788
Office Expenses$2,430$7,290-$9,720
Advertising-$4,875-$4,875
Other Expenses$4,552$2,230-$4,552
All Other Expenses$1,697$1,532-$3,229
Total Functional Expenses$414,685$106,498$0$521,183
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
2023-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barry Verrill
Formed
1973
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
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.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0513731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0515323
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0414387
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0498794
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0561199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02503434
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0743
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0606
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0524
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0285
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0244
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02402
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0140365
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt012990
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt012904
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07186
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt018988
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt024378
IRS990ScheduleA/OtherIncome170Grp/TotalAmt076446
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96630
IRS990ScheduleA/PublicSupportPY170Pct00.97110
IRS990ScheduleA/PublicSupportTotal170Amt02503434
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0513731
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0515323
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0414387
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0498794
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0561199
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02503434
IRS990ScheduleA/TotalSupportAmt02590834
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt08552
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt08552
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0358702
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0258349
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0235339
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0381712
IRS990ScheduleD/EquipmentGrp/BookValueAmt0145074
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0936104
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01081178
IRS990ScheduleD/LandGrp/BookValueAmt0136066
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0136066
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENTAL - SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0639842
IRS990ScheduleD/TotalLiabilityAmt0100
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01588995
IRS990/TotalAssetsEOYAmt01694731
IRS990/TotalAssetsGrp/BOYAmt01588995
IRS990/TotalAssetsGrp/EOYAmt01694731
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0513731
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0106498
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0414685
IRS990/TotalFunctionalExpensesGrp/TotalAmt0521183
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02917
IRS990/TotalLiabilitiesEOYAmt079422
IRS990/TotalLiabilitiesGrp/BOYAmt02917
IRS990/TotalLiabilitiesGrp/EOYAmt079422
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01586078
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01615309
IRS990/TotalOtherProgSrvcExpenseAmt052600
IRS990/TotalProgramServiceExpensesAmt0414685
IRS990/TotalProgramServiceRevenueAmt012990
IRS990/TotalReportableCompFromOrgAmt0105200
IRS990/TotalRevenueGrp/ExclusionAmt013733
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022950
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0550414
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01588995
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01694731
IRS990/TravelGrp/ProgramServicesAmt010788
IRS990/TravelGrp/TotalAmt010788
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 702
IRS990/USAddress/CityNm0LONGVIEW
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098632
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0KLTV.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BARRY VERRILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03606363310
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-01
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/IRSResponsiblePrtyInfoCurrInd0false
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/PreparationDt02023-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID FUTCHER CPA
ReturnHeader/ReturnTs02023-11-02T12:39:14-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BARRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VERRILL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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