Civic Intelligence

Delaware Valley Educational

990 • Fiscal year 2014 • EIN 26-1471973

Jul 01, 2013 to Jun 30, 2014 • Filed on May 14, 2015

5600 City Avenue19131

(610) 660-1320

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

67th percentile

0.42x

Higher debt load relative to revenue than 67% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Net Margin

34th percentile

-0.0%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

97th percentile

$332,866

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 20.2% of source-year revenue.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Asset Growth

3rd percentile

-40%

Faster asset growth than 3% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$687,272

Down $449,706 (-40%) from 2013

Net Assets

Down

$0

Down $270 (-100%) from 2013

Liabilities

Down

$687,272

Down $449,436 (-40%) from 2013

Revenue

$1,650,612

No earlier filing loaded for comparison.

Expenses

Up

$1,651,088

Up $476 (+0.0%) from 2013

Net Income

-$476

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,242,144Liabilities 2010: $3,241,679Net Assets 2010: $4652010Assets 2011: $2,491,425Liabilities 2011: $2,491,067Net Assets 2011: $3582011Assets 2012: $1,741,353Liabilities 2012: $1,741,083Net Assets 2012: $2702012Assets 2013: $1,136,978Liabilities 2013: $1,136,708Net Assets 2013: $2702013Assets 2014: $687,272Liabilities 2014: $687,272Net Assets 2014: $02014Assets 2016: $315,951Liabilities 2016: $315,951Net Assets 2016: $02016Assets 2017: $828,070Liabilities 2017: $828,070Net Assets 2017: $02017Assets 2018: $495,540Liabilities 2018: $495,540Net Assets 2018: $02018Assets 2019: $441,670Liabilities 2019: $441,670Net Assets 2019: $02019Assets 2020: $1,637,088Liabilities 2020: $1,637,088Net Assets 2020: $02020Assets 2021: $1,952,646Liabilities 2021: $1,952,646Net Assets 2021: $02021Assets 2022: $2,223,921Liabilities 2022: $2,223,921Net Assets 2022: $02022Assets 2024: $2,517,605Liabilities 2024: $2,517,605Net Assets 2024: $02024

Highlighted filing

2014

Assets$687,272
Liabilities$687,272
Net Assets$0

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,685,1832010Expenses 2011: $1,650,7192011Expenses 2012: $1,650,7002012Expenses 2013: $1,650,6122013Revenue 2014: $1,650,612Expenses 2014: $1,651,088Net Income 2014: -$4762014Revenue 2016: $1,650,612Expenses 2016: $1,650,612Net Income 2016: $02016Revenue 2017: $1,650,612Expenses 2017: $1,650,612Net Income 2017: $02017Revenue 2018: $1,650,612Expenses 2018: $1,650,612Net Income 2018: $02018Revenue 2019: $1,650,612Expenses 2019: $1,650,612Net Income 2019: $02019Revenue 2020: $1,650,612Expenses 2020: $1,650,612Net Income 2020: $02020Revenue 2021: $1,650,612Expenses 2021: $1,650,612Net Income 2021: $02021Revenue 2022: $1,650,612Expenses 2022: $1,650,612Net Income 2022: $02022Revenue 2024: $1,650,612Expenses 2024: $1,650,612Net Income 2024: $02024

Highlighted filing

2014

Revenue$1,650,612
Expenses$1,651,088
Net Income-$476
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 14, 2015
Return Version
2013v4.0
Gross Receipts
$1,650,612
Mission and Program Overview

Mission

To use frequencies licensed to the organization by the fcc to enhance educational opportunities and to provide instructional telecommunications and incidental services primarily to students and staff in accredited public and private schools.

Use frequencies licensed to org. By fcc to enhance educational opportunities & to provide instructional telecommunication & incidental services to students & staff in accredited public & private schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$1,136,621$686,710▼ $449,911
Cash and Non-Interest-Bearing Accounts$357$562▲ $205
Total Assets$1,136,978$687,272▼ $449,706
Liabilities
Deferred Revenue$1,136,621$686,710▼ $449,911
Accounts Payable and Accrued Expenses$87$562▲ $475
Other Liabilities-$0-
Total Liabilities$1,136,708$687,272▼ $449,436
Net Assets / Fund Balance
Unrestricted Net Assets$270$0▼ $270
Permanently Rstr Net Assets-$0-
Temporarily Rstr Net Assets-$0-
Total Net Assets Fund Balance$270$0▼ $270
Total Liabilities and Net Assets / Fund Balance$1,136,978$687,272▼ $449,706
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brice WachterhauserFormer President
Francis J DisantiPresident
Steven GorskiBoard Member
Louis J MayerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,650,612
Change in Net Assets
$-476
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,651,088
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$1,651,088$0$0$1,651,088
Total Functional Expenses$1,651,088$0$0$1,651,088
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Delaware valley educational television network ("dvetn") has two members, saint joseph's university and the source for learning, inc. Each of dvetn's members are: (i) tax exempt under the internal revenue code (the "code") as organizations described in section 501 (c) (3) of the code and (ii) organizations that qualify as public charities.

Form 990, Part VI, Section A, Line 7A

Pursuant to dvetn's bylaws, its members elect the individuals who serve on dvetn's board of directors. Currently, saint joseph's university has two members and the source for learning, inc. Has one member on the board of directors.

Form 990, Part VI, Section A, Line 7B

As a membership organization with saint joseph's university and the source for learning, inc. As the members, pennsylvania non profit corporation law reserves to the members certain fundamental rights, such as the right to change the articles of incorporation of dvetn, dissolve dvetn, merge the entity, divide the entity, etc.

Form 990, Part VI, Section B, Line 11

The form 990 has been provided to and reviewed by the full board prior to filing.

Form 990, Part VI, Section B, Line 12C

All members of the board are required to review and sign the conflict of interest policy on an annual basis.

Form 990, Part VI, Section C, Line 19

The organization will make available to the public any governing documents, conflict of interest policy, or financial statements upon request.

Form 990, Part VII, Section A

Average hours per week the average hours per week listed in this section are a minimum.

Form 990, Part VII, Section A

Louis j. Mayer, francis j. Disanti, and former president brice wachterhauser work for saint josephs university in a capacity for which they are paid. No portion of their salaries are for being on the board of dvetn.

Filing and Contact Details

Filer

EIN
26-1471973
Phone
6106601320

Signing Officer

Name
Francis J Disanti
Title
President
Phone
6106601320
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Francis J Disanti
Formed
1986
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Preparer
Cynthia W Paolillo
Phone
2152462300
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DELAWARE VALLEY EDUCATIONAL TELEVISION NETWORK ("DVETN") HAS TWO MEMBERS, SAINT JOSEPH'S UNIVERSITY AND THE SOURCE FOR LEARNING, INC. EACH OF DVETN'S MEMBERS ARE: (I) TAX EXEMPT UNDER THE INTERNAL REVENUE CODE (THE "CODE") AS ORGANIZATIONS DESCRIBED IN SECTION 501 (C) (3) OF THE CODE AND (II) ORGANIZATIONS THAT QUALIFY AS PUBLIC CHARITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PURSUANT TO DVETN'S BYLAWS, ITS MEMBERS ELECT THE INDIVIDUALS WHO SERVE ON DVETN'S BOARD OF DIRECTORS. CURRENTLY, SAINT JOSEPH'S UNIVERSITY HAS TWO MEMBERS AND THE SOURCE FOR LEARNING, INC. HAS ONE MEMBER ON THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS A MEMBERSHIP ORGANIZATION WITH SAINT JOSEPH'S UNIVERSITY AND THE SOURCE FOR LEARNING, INC. AS THE MEMBERS, PENNSYLVANIA NON PROFIT CORPORATION LAW RESERVES TO THE MEMBERS CERTAIN FUNDAMENTAL RIGHTS, SUCH AS THE RIGHT TO CHANGE THE ARTICLES OF INCORPORATION OF DVETN, DISSOLVE DVETN, MERGE THE ENTITY, DIVIDE THE ENTITY, ETC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 HAS BEEN PROVIDED TO AND REVIEWED BY THE FULL BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL MEMBERS OF THE BOARD ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WILL MAKE AVAILABLE TO THE PUBLIC ANY GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVERAGE HOURS PER WEEK THE AVERAGE HOURS PER WEEK LISTED IN THIS SECTION ARE A MINIMUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LOUIS J. MAYER, FRANCIS J. DISANTI, AND FORMER PRESIDENT BRICE WACHTERHAUSER WORK FOR SAINT JOSEPHS UNIVERSITY IN A CAPACITY FOR WHICH THEY ARE PAID. NO PORTION OF THEIR SALARIES ARE FOR BEING ON THE BOARD OF DVETN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII, SECTION A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII, SECTION A
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10SAINT JOSEPH'S UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0231352674
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0LINE 1: 170(B)(1)(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine105600 CITY AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode019131
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt075% OF TOTAL REVENUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10SAINT JOSEPH'S UNIVERSITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01136978
IRS990/TotalAssetsEOYAmt0687272
IRS990/TotalAssetsGrp/BOYAmt01136978
IRS990/TotalAssetsGrp/EOYAmt0687272
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01651088
IRS990/TotalFunctionalExpensesGrp/TotalAmt01651088
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01136708
IRS990/TotalLiabilitiesEOYAmt0687272
IRS990/TotalLiabilitiesGrp/BOYAmt01136708
IRS990/TotalLiabilitiesGrp/EOYAmt0687272
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0270
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt0148782
IRS990/TotalProgramServiceExpensesAmt01651088
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01650612
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01650612
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01136978
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0687272
IRS990/TotReportableCompRltdOrgAmt0736542
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0270
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine105600 CITY AVENUE
IRS990/USAddress/City0PHILADELPHIA
IRS990/USAddress/State0PA
IRS990/USAddress/ZIPCode019131
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANCIS J DISANTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06106601320
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10DELAWARE VALLEY EDUCATIONAL TELEVISION NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0DELA
ReturnHeader/Filer/EIN0261471973
ReturnHeader/Filer/PhoneNum06106601320
ReturnHeader/Filer/USAddress/AddressLine105600 CITY AVENUE
ReturnHeader/Filer/USAddress/City0PHILADELPHIA
ReturnHeader/Filer/USAddress/State0PA
ReturnHeader/Filer/USAddress/ZIPCode019131
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861065772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10DELOITTE TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101700 MARKET STREET 25TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0191033984
ReturnHeader/PreparerPersonGrp/PhoneNum02152462300
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CYNTHIA W PAOLILLO
ReturnHeader/ReturnTs02015-05-14T14:31:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$2.52$0.00$1.65$1.65$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$2.22$0.00$1.65$1.65$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.95$0.00$1.65$1.65$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$1.64$0.00$1.65$1.65$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.44$0.00$1.65$1.65$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.50$0.00$1.65$1.65$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.83$0.00$1.65$1.65$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.32$0.00$1.65$1.65$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.69$0.00$1.65$1.65$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$1.14$0.00$1.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$1.74$0.00$1.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$2.49$0.00$1.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$3.24$0.00$1.69