Civic Intelligence

Delaware Valley Educational

990 • Fiscal year 2017 • EIN 26-1471973

Jul 01, 2016 to Jun 30, 2017 • Filed on May 09, 2018

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.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.50x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

34th percentile

0.0%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

98th percentile

$370,337

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 22.4% of source-year revenue.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Asset Growth

98th percentile

162%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

0.0%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$828,070

Up $512,119 (+162%) from 2016

Net Assets

Flat

$0

Flat from 2016

Liabilities

Up

$828,070

Up $512,119 (+162%) from 2016

Revenue

Flat

$1,650,612

Flat from 2016

Expenses

Flat

$1,650,612

Flat from 2016

Net Income

Flat

$0

Flat from 2016

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

2017

Assets$828,070
Liabilities$828,070
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

2017

Revenue$1,650,612
Expenses$1,650,612
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 9, 2018
Return Version
2016v3.1
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.

Instructional telecommunication & incidental services to students & staff in accredited public & private schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$214,514$627,348▲ $412,834
Cash and Non-Interest-Bearing Accounts$101,437$200,722▲ $99,285
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$315,951$828,070▲ $512,119
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$214,514$627,348▲ $412,834
Accounts Payable and Accrued Expenses$101,437$200,722▲ $99,285
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$315,951$828,070▲ $512,119
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$0$0→ $0
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$315,951$828,070▲ $512,119
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeanne BradyPresident
Steve GorskiDirector
David BeaupreSecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
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
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 VII, Section A

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

Form 990, Part VII, Section A

David beaupre and jeanne brady 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

Filer Name
Delaware Valley Educational
EIN
26-1471973
In Care Of
% DAVID BEAUPRE
Phone
6106601506
Address
5600 City Avenue, Philadelphia, PA 19131

Signing Officer

Name
Jeanne Brady
Title
President
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Beaupre
Formed
1986
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Grant Thornton Llp
Address
2001 MARKET STREET SUITE 700, PHILADELPHIA, PA 19103
Preparer
Frank Giardini
Phone
2155614200
Supplemental Narrative

Additional Explanations

Members or Stockholders

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 501(c)(3) of the code and (ii) organizations that qualify as public charities.

Persons Who May Elect Members of the Governing Body

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.

Governance Decisions to the Members of the Governing Body

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 Review Process

Form 990, part vi, section b, line 11b the form 990 has been provided to and reviewed by the full board prior to filing.

Conflict of Interest Policy Monitoring & Enforcement

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.

How Documents Are Made Available to the Public

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.

Raw XML AppendixShowing 400 of 456 raw XML fields

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/BusinessNameLine1Txt1The Source for Learning Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0231352674
IRS990ScheduleI/RecipientTable/RecipientEIN1521279689
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05600 City Avenue
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt112355 Sunrise Valley Drive No 625
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Philadelphia
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Reston
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Jeanne Brady
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1David Beaupre
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Secretary/Treasurer
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 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 501(C)(3) OF THE CODE AND (II) ORGANIZATIONS THAT QUALIFY AS PUBLIC CHARITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 HAS BEEN PROVIDED TO AND REVIEWED BY THE FULL BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE AVERAGE HOURS PER WEEK LISTED IN THIS SECTION ARE A MINIMUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DAVID BEAUPRE AND JEANNE BRADY 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/FormAndLineReferenceDesc0MEMBERS OR STOCKHOLDERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PERSONS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2GOVERNANCE DECISIONS TO THE MEMBERS OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 REVIEW PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII, SECTION A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII, SECTION A
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Saint Joseph's University
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0231352674
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Higher Edu
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt002
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05600 City Avenue
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt075% of Revenue
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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
2017Detailed filing. Detailed filing data is available for this year.$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
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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