Civic Intelligence

Delaware Valley Educational

990 • Fiscal year 2016 • EIN 26-1471973

Jul 01, 2015 to Jun 30, 2016 • Filed on May 11, 2017

5600 City AvenuePhiladelphia, PA 19131

(610) 660-1506

Siviq Scores

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

Liabilities / Assets

95th percentile

1.00x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.19x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Net Margin

33rd percentile

0.0%

Higher net margin than 33% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

3rd percentile

-35%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2013 to 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

Down

$315,951

Down $821,027 (-72%) from 2013

Net Assets

Down

$0

Down $270 (-100%) from 2013

Liabilities

Down

$315,951

Down $820,757 (-72%) from 2013

Revenue

$1,650,612

No earlier filing loaded for comparison.

Expenses

Flat

$1,650,612

Flat from 2013

Net Income

$0

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 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

2016

Assets$315,951
Liabilities$315,951
Net Assets$0

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Expenses 2010: $1,685,1832010Expenses 2011: $1,650,7192011Expenses 2012: $1,650,7002012Expenses 2013: $1,650,6122013Revenue 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

2016

Revenue$1,650,612
Expenses$1,650,612
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 11, 2017
Return Version
2015v3.0
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$236,098$214,514▼ $21,584
Cash and Non-Interest-Bearing Accounts$100,614$101,437▲ $823
Total Assets$336,712$315,951▼ $20,761
Liabilities
Deferred Revenue$336,098$214,514▼ $121,584
Accounts Payable and Accrued Expenses$614$101,437▲ $100,823
Total Liabilities$336,712$315,951▼ $20,761
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$336,712$315,951▼ $20,761
Compensation and Service Providers

Board Members and Trustees

NameTitle
Fran DisantiPresident
Steven GorskiDirector
David BeaupreSecretary/treasurer
Joseph CassidySecretary/treasurer Through 6/10/16
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
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,650,612
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,650,612--$1,650,612
Total Functional Expenses$1,650,612$0$0$1,650,612
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SAINT JOSEPH'S UNIVERSITYPhiladelphia, PA501(c)(3)General Support$1,237,959
The Source for Learning IncReston, VA501(c)(3)General Support$412,653
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 telecommunications 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

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

Form 990, Part VII, Section A

Francis j disanti and joseph e cassidy work for saint joseph's 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

Filer Name
Delaware Valley Educational
EIN
26-1471973
Phone
6106601506
Address
5600 CITY AVENUE, PHILADELPHIA, PA 19131

Signing Officer

Name
Dr Jeanne Brady
Title
President
Phone
6106601506
Signed
2017-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Jeanne Brady
Formed
1986
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Deloitte Tax Llp
Address
1700 MARKET STREET 25TH FLOOR, PHILADELPHIA, PA 19103-3984
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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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SAINT JOSEPH'S UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE SOURCE FOR LEARNING INC
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DELAWARE VALLEY EDUCATIONAL TELECOMMUNICATIONS 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/ExplanationTxt6THE AVERAGE HOURS PER WEEK LISTED IN THIS SECTION ARE A MINIMUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FRANCIS J DISANTI AND JOSEPH E CASSIDY WORK FOR SAINT JOSEPH'S 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/BusinessNameLine1Txt0SAINT JOSEPH'S UNVIERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0231352674
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HIGHER EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05600 CITY AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019131
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01237959
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt075% OF TOTAL REVENUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SAINT JOSEPH'S UNIVERSITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0336712
IRS990/TotalAssetsEOYAmt0315951
IRS990/TotalAssetsGrp/BOYAmt0336712
IRS990/TotalAssetsGrp/EOYAmt0315951
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01650612
IRS990/TotalFunctionalExpensesGrp/TotalAmt01650612
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0336712
IRS990/TotalLiabilitiesEOYAmt0315951
IRS990/TotalLiabilitiesGrp/BOYAmt0336712
IRS990/TotalLiabilitiesGrp/EOYAmt0315951
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt078800
IRS990/TotalProgramServiceExpensesAmt01650612
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01650612
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01650612
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0336712
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0315951
IRS990/TotReportableCompRltdOrgAmt0421643
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05600 CITY AVENUE
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019131
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR JEANNE BRADY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06106601506
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DELAWARE VALLEY EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TELECOMMUNICATIONS NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0DELA
ReturnHeader/Filer/EIN0261471973
ReturnHeader/Filer/PhoneNum06106601506
ReturnHeader/Filer/USAddress/AddressLine1Txt05600 CITY AVENUE
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019131
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861065772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DELOITTE TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01700 MARKET STREET 25TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0191033984
ReturnHeader/PreparerPersonGrp/PhoneNum02152462300
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CYNTHIA W PAOLILLO
ReturnHeader/ReturnTs02017-05-12T15:21:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.32$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
Peer Organizations

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