Civic Intelligence

Nevada Broadcasters Foundation

990 • Fiscal year 2018 • EIN 27-3558079

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 15, 2019

3900 Paradise Rd Suite 279Las Vegas, NV 89169

(702) 794-4994

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

59th percentile

7.7%

Higher net margin than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

99th percentile

$200,089

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 144.8% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

55th percentile

4.2%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-24%

Faster revenue growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$265,311

Up $10,629 (+4.2%) from 2017

Net Assets

Up

$265,311

Up $10,629 (+4.2%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$138,204

Down $43,393 (-24%) from 2017

Expenses

Up

$127,575

Up $7,715 (+6.4%) from 2017

Net Income

Down

$10,629

Down $51,108 (-83%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $88,759Net Assets 2013: $88,7592013Assets 2014: $106,106Net Assets 2014: $106,1062014Assets 2015: $162,166Net Assets 2015: $162,1662015Assets 2016: $192,946Net Assets 2016: $192,9462016Assets 2017: $254,682Liabilities 2017: $0Net Assets 2017: $254,6822017Assets 2018: $265,311Liabilities 2018: $0Net Assets 2018: $265,3112018Assets 2019: $482,825Liabilities 2019: $0Net Assets 2019: $482,8252019Assets 2020: $675,155Liabilities 2020: $0Net Assets 2020: $675,1552020Assets 2021: $1,014,050Liabilities 2021: $0Net Assets 2021: $1,014,0502021Assets 2022: $1,329,783Liabilities 2022: $0Net Assets 2022: $1,329,7832022Assets 2023: $1,972,884Liabilities 2023: $0Net Assets 2023: $1,972,8842023Assets 2024: $2,194,424Liabilities 2024: $0Net Assets 2024: $2,194,4242024

Highlighted filing

2018

Assets$265,311
Liabilities$0
Net Assets$265,311

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $48,190Expenses 2013: $17,938Net Income 2013: $30,2522013Revenue 2014: $56,736Expenses 2014: $39,390Net Income 2014: $17,3462014Revenue 2015: $101,406Expenses 2015: $45,346Net Income 2015: $56,0602015Revenue 2016: $89,094Expenses 2016: $98,290Net Income 2016: -$9,1962016Revenue 2017: $181,597Expenses 2017: $119,860Net Income 2017: $61,7372017Revenue 2018: $138,204Expenses 2018: $127,575Net Income 2018: $10,6292018Revenue 2019: $336,327Expenses 2019: $118,813Net Income 2019: $217,5142019Revenue 2020: $286,402Expenses 2020: $94,883Net Income 2020: $191,5192020Revenue 2021: $448,130Expenses 2021: $109,235Net Income 2021: $338,8952021Revenue 2022: $496,683Expenses 2022: $149,047Net Income 2022: $347,6362022Revenue 2023: $845,275Expenses 2023: $221,031Net Income 2023: $624,2442023Revenue 2024: $465,663Expenses 2024: $242,212Net Income 2024: $223,4512024

Highlighted filing

2018

Revenue$138,204
Expenses$127,575
Net Income$10,629
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 15, 2019
Return Version
2018v3.1
Gross Receipts
$152,975
Mission and Program Overview

Mission

The foundation was organized to be the "charitable arm" of the nevada broadcasters association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$254,682$265,311▲ $10,629
Total Assets$254,682$265,311▲ $10,629
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$254,682$265,311▲ $10,629
Total Net Assets Fund Balance$254,682$265,311▲ $10,629
Total Liabilities and Net Assets / Fund Balance$254,682$265,311▲ $10,629
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Eric BonniciExecutive DiPT$200,089$200,089

Board Members and Trustees

NameTitle
Linda BonniciPresident
Amie ChampmanDirector
Dr Alan StaviskyDirector
Jim MckusickDirector
Kevin StokerDirector
Kristine AndersonDirector
Mitch FoxDirector
Valarie PeritzDirector
Venus HammelDirector
Eric BonniciExecutive Director
Courtney Bonnici WadhamsSecretary
Tony BonniciVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$138,204
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$29,500
Change in Net Assets
$10,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$124,563
Other Expenses$3,012
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$124,563--$124,563
Fees for Services Accounting-$1,500-$1,500
Conferences and Meetings-$907-$907
Office Expenses-$555-$555
Other Expenses-$50-$50
Total Functional Expenses$124,563$3,012$0$127,575
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$14,771
Fundraising Gross Income$14,771
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tounament$79,155$10,730$881$9,849
Gala$44,320$4,041$2,541$1,500
Total Events$123,475$14,771$14,771-
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Eric bonnici linda bonnici ed board member sibling in law tony bonnici courtney wadhams board member board member parent/child eric bonnici tony bonnici ed board member siblings tony bonnici linda bonnici board member board member spouse linda bonnici courtney wadhams board member board member parent/child

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

The executive committee reviews and approves the form 990 before it is signed and filed with the irs.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Nevada Broadcasters Foundation
EIN
27-3558079
Phone
7027944994
Address
3900 PARADISE RD SUITE 279, LAS VEGAS, NV 89169

Signing Officer

Name
Eric Bonnici
Title
Executive Director
Phone
7027944994
Signed
2019-06-15

Organization Details

Principal Officer
Eric Bonnici
Formed
2010
Voting Board Members
12
Independent Board Members
10
Employees
0
Volunteers
21

Preparer

Firm
Houldsworth Russo & Company Pc
Address
8675 S EASTERN AVE STE A, LAS VEGAS, NV 89123-2839
Preparer
Katie Hampton
Phone
7022699992
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 2

Scholarship recipient selections the foundation selects the recipients for the scholarships awarded during the year. The selection committee consists of the board of directors and the directors for the school of journalism from both the university of nevada, reno and university of nevada, las vegas. The recipients are selected annually, from applications received by mid-april each year with the required minimum requirements, which are: nevada residents enrolled in a nevada post-secondary institution in a broadcast related curriculum with a minimum grade point average of 2.7 on a 4.0 scale. The application requires evidence of these facts and requests recommendations. All qualified applicates are evaluated per a pre-defined scoresheet, with the highest rating applicants being awarded scholarships. Preference is given to previous year recipients, for a maximum of 4 years of scholarships. The scholarship is restricted to tuition and is limited to the amount needed for the semester's tuition after other scholarships have been paid.

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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0124563
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt032
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE AWARDED THROUGH THE COLLEGE BOARD OF REGENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0182485
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1139502
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt017604
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt119733
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ERIC BONNICI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MITCH FOX
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0200089
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1159235
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP RECIPIENT SELECTIONS THE FOUNDATION SELECTS THE RECIPIENTS FOR THE SCHOLARSHIPS AWARDED DURING THE YEAR. THE SELECTION COMMITTEE CONSISTS OF THE BOARD OF DIRECTORS AND THE DIRECTORS FOR THE SCHOOL OF JOURNALISM FROM BOTH THE UNIVERSITY OF NEVADA, RENO AND UNIVERSITY OF NEVADA, LAS VEGAS. THE RECIPIENTS ARE SELECTED ANNUALLY, FROM APPLICATIONS RECEIVED BY MID-APRIL EACH YEAR WITH THE REQUIRED MINIMUM REQUIREMENTS, WHICH ARE: NEVADA RESIDENTS ENROLLED IN A NEVADA POST-SECONDARY INSTITUTION IN A BROADCAST RELATED CURRICULUM WITH A MINIMUM GRADE POINT AVERAGE OF 2.7 ON A 4.0 SCALE. THE APPLICATION REQUIRES EVIDENCE OF THESE FACTS AND REQUESTS RECOMMENDATIONS. ALL QUALIFIED APPLICATES ARE EVALUATED PER A PRE-DEFINED SCORESHEET, WITH THE HIGHEST RATING APPLICANTS BEING AWARDED SCHOLARSHIPS. PREFERENCE IS GIVEN TO PREVIOUS YEAR RECIPIENTS, FOR A MAXIMUM OF 4 YEARS OF SCHOLARSHIPS. THE SCHOLARSHIP IS RESTRICTED TO TUITION AND IS LIMITED TO THE AMOUNT NEEDED FOR THE SEMESTER'S TUITION AFTER OTHER SCHOLARSHIPS HAVE BEEN PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ERIC BONNICI LINDA BONNICI ED BOARD MEMBER SIBLING IN LAW TONY BONNICI COURTNEY WADHAMS BOARD MEMBER BOARD MEMBER PARENT/CHILD ERIC BONNICI TONY BONNICI ED BOARD MEMBER SIBLINGS TONY BONNICI LINDA BONNICI BOARD MEMBER BOARD MEMBER SPOUSE LINDA BONNICI COURTNEY WADHAMS BOARD MEMBER BOARD MEMBER PARENT/CHILD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS SIGNED AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEVADA BROADCASTERS ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0880231252
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt06
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ASSN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03900 PARADISE ROAD SUITE 279
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LAS VEGAS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd089169
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0200089
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0INDETERMINED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1WAGES PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NEVADA BROADCASTERS ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1NEVADA BROADCASTERS ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1C
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0254682
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0265311
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0254682
IRS990/TotalAssetsEOYAmt0265311
IRS990/TotalAssetsGrp/BOYAmt0254682
IRS990/TotalAssetsGrp/EOYAmt0265311
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0138204
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03012
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0124563
IRS990/TotalFunctionalExpensesGrp/TotalAmt0127575
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0254682
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0265311
IRS990/TotalOtherCompensationAmt037337
IRS990/TotalProgramServiceExpensesAmt0124563
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0138204
IRS990/TotalVolunteersCnt021
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0254682
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0265311
IRS990/TotReportableCompRltdOrgAmt0321987
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03900 PARADISE RD SUITE 279
IRS990/USAddress/CityNm0LAS VEGAS
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089169
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0NEVADABROADCASTERS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC BONNICI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07027944994
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEVADA BROADCASTERS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0NEVA
ReturnHeader/Filer/EIN0273558079

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