Civic Intelligence

Quad Cities Community Broadcasting Group Inc.

990 • Fiscal year 2014 • EIN 32-0066891

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

1800 3rd Avenue No 420Rock Island, IL 61201

(309) 793-4925

Siviq Scores

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

Liabilities / Assets

87th percentile

0.69x

Higher debt load relative to assets than 87% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

1.67x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

$684,424

No earlier filing loaded for comparison.

Net Assets

$214,647

No earlier filing loaded for comparison.

Liabilities

$469,777

No earlier filing loaded for comparison.

Revenue

$281,357

No earlier filing loaded for comparison.

Expenses

$224,551

No earlier filing loaded for comparison.

Net Income

$56,806

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.

$800K$600K$400K$200K$0Assets 2014: $684,424Liabilities 2014: $469,777Net Assets 2014: $214,6472014Assets 2015: $650,745Liabilities 2015: $381,902Net Assets 2015: $268,8432015Assets 2016: $693,626Liabilities 2016: $422,456Net Assets 2016: $271,1702016Assets 2017: $722,554Liabilities 2017: $470,025Net Assets 2017: $252,5292017Assets 2018: $642,069Liabilities 2018: $328,743Net Assets 2018: $313,3262018Assets 2019: $643,736Liabilities 2019: $310,373Net Assets 2019: $333,3632019Assets 2020: $748,275Liabilities 2020: $284,346Net Assets 2020: $463,9292020Assets 2021: $744,680Liabilities 2021: $252,461Net Assets 2021: $492,2192021Assets 2022: $631,875Liabilities 2022: $227,496Net Assets 2022: $404,3792022Assets 2023: $555,207Liabilities 2023: $240,303Net Assets 2023: $314,9042023Assets 2024: $565,587Liabilities 2024: $345,941Net Assets 2024: $219,6462024

Highlighted filing

2014

Assets$684,424
Liabilities$469,777
Net Assets$214,647

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $281,357Expenses 2014: $224,551Net Income 2014: $56,8062014Revenue 2015: $229,793Expenses 2015: $147,275Net Income 2015: $82,5182015Revenue 2016: $240,069Expenses 2016: $237,742Net Income 2016: $2,3272016Revenue 2017: $229,001Expenses 2017: $206,990Net Income 2017: $22,0112017Revenue 2018: $229,694Expenses 2018: $262,435Net Income 2018: -$32,7412018Revenue 2019: $222,790Expenses 2019: $179,745Net Income 2019: $43,0452019Revenue 2020: $426,463Expenses 2020: $295,897Net Income 2020: $130,5662020Revenue 2021: $523,563Expenses 2021: $495,273Net Income 2021: $28,2902021Revenue 2022: $344,131Expenses 2022: $431,971Net Income 2022: -$87,8402022Revenue 2023: $355,071Expenses 2023: $444,546Net Income 2023: -$89,4752023Revenue 2024: $447,933Expenses 2024: $437,555Net Income 2024: $10,3782024

Highlighted filing

2014

Revenue$281,357
Expenses$224,551
Net Income$56,806
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$300,857
Mission and Program Overview

Mission

Education through operation of a non-commercial radio broadcast station

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$627,157$627,157→ $0
Rtn Earn Endowment Incm Other Fnds$157,846$214,647▲ $56,801
Cash and Non-Interest-Bearing Accounts$38,799$52,929▲ $14,130
Accounts Receivable$3,018$4,338▲ $1,320
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$668,974$684,424▲ $15,450
Liabilities
Mortgage Notes Payable Secured by Investment Property$454,880$404,545▼ $50,335
Accounts Payable and Accrued Expenses$56,248$65,232▲ $8,984
Total Liabilities$511,128$469,777▼ $41,351
Net Assets / Fund Balance
Total Net Assets Fund Balance$157,846$214,647▲ $56,801
Total Liabilities and Net Assets / Fund Balance$668,974$684,424▲ $15,450

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$472,637$42,693$515,330
Equipment$106,206$43,900$150,106
Land$48,314-$48,314
Compensation and Service Providers

Board Members and Trustees

NameTitle
William JacksonPresident
Mark JacksonVice President
Blanche JacksonDirector
Pamela TatemAsst Secretary
Roberta J StegallSecretary
Dianna PendergrassTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$219,649
Program Service Revenue
$67,763
Investment Income
$0
Other Revenue
$-6,055
All Other Contributions
$111,180
Change in Net Assets
$56,806

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3$55,000Amount of Liability
Other Non Cash Contri Table1$6,000Face Value of Ticket
Other Non Cash Contri Table1$5,000Fair Market Value (FMV) of Services
Total Noncash Contributions5$66,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$167,071
Salaries, Compensation, and Employee Benefits$57,480
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$20,000$35,000-$55,000
Occupancy$30,835$14,931-$45,766
Interest-$33,181-$33,181
Travel$7,666$10,280-$17,946
Office Expenses$3,500$4,265-$7,765
Information Technology$3,000$4,413-$7,413
Fees for Services Accounting-$5,440-$5,440
Insurance$5,365--$5,365
Fees for Services Management-$5,330-$5,330
Payroll Taxes$1,204$1,206-$2,410
Other Expenses$1,640--$1,640
Advertising-$247-$247
Other Salaries and Wages$29$41-$70
Total Functional Expenses$110,217$114,334$0$224,551
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,500
Fundraising Gross Income$13,445
Professional Fundraising Fees$0
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
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

William jackson, blanche jackson, mark jackson, roberta stegall, dianna pendergrass, and pamela tatem have a family relationship.

Form 990, Part VI, Section A, Line 6

The organization has members.

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

At each annual meeting of members, the membership shall elect directors to hold office until the next annual meeting.

Form 990, Part VI, Section B, Line 11

The organization made copies of the 990 available to all members

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

The organization's board members regularly review all conflicts of interest

Form 990, Part VI, Section B, Line 15

Review and approval of compensation for executives and top management of the organization is conducted annually by the organization's governing board. Persons with a conflict of interest with respect to the compensation arrangement at issue are not involved in the process. Data as to comparable compensation for similar organizations is used. Minutes of the compensation meeting are contemporaneusly documented and retained.

Form 990, Part VI, Section C, Line 18

Governing documents, conflict of interest policy and financial statements are available to the public upon request.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Quad Cities Community Broadcasting Group
EIN
32-0066891
Phone
3097934925
Address
1800 3RD AVENUE NO 420, ROCK ISLAND, IL 61201
Doing Business As
Wgvv Radio

Signing Officer

Name
William Jackson
Title
President
Phone
3097934925
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Jackson
Formed
2000
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Deloitte Tax Llp
Address
4550 E 53RD ST STE 110, DAVENPORT, IA 52807
Preparer
Brad W Mcnulty
Phone
5633224415
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -5.

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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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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0472637
IRS990ScheduleD/BuildingsGrp/DepreciationAmt042693
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0515330
IRS990ScheduleD/EquipmentGrp/BookValueAmt0106206
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043900
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0150106
IRS990ScheduleD/LandGrp/BookValueAmt048314
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt048314
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0627157
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt03
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt21
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0LIABILITY FORGIVENESS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1CONCERT TICKETS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2ACCOUNTING SERVICES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0AMOUNT OF LIABILITY
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FACE VALUE OF TICKET
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2FMV OF SERVICES
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt055000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt16000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt25000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WILLIAM JACKSON, BLANCHE JACKSON, MARK JACKSON, ROBERTA STEGALL, DIANNA PENDERGRASS, AND PAMELA TATEM HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT EACH ANNUAL MEETING OF MEMBERS, THE MEMBERSHIP SHALL ELECT DIRECTORS TO HOLD OFFICE UNTIL THE NEXT ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MADE COPIES OF THE 990 AVAILABLE TO ALL MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S BOARD MEMBERS REGULARLY REVIEW ALL CONFLICTS OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVIEW AND APPROVAL OF COMPENSATION FOR EXECUTIVES AND TOP MANAGEMENT OF THE ORGANIZATION IS CONDUCTED ANNUALLY BY THE ORGANIZATION'S GOVERNING BOARD. PERSONS WITH A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THE PROCESS. DATA AS TO COMPARABLE COMPENSATION FOR SIMILAR ORGANIZATIONS IS USED. MINUTES OF THE COMPENSATION MEETING ARE CONTEMPORANEUSLY DOCUMENTED AND RETAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ROUNDING -5.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0668974
IRS990/TotalAssetsEOYAmt0684424
IRS990/TotalAssetsGrp/BOYAmt0668974
IRS990/TotalAssetsGrp/EOYAmt0684424
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0219649
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0114334
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0110217
IRS990/TotalFunctionalExpensesGrp/TotalAmt0224551
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0511128
IRS990/TotalLiabilitiesEOYAmt0469777
IRS990/TotalLiabilitiesGrp/BOYAmt0511128
IRS990/TotalLiabilitiesGrp/EOYAmt0469777
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0157846
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0214647
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0110217
IRS990/TotalProgramServiceRevenueAmt067763
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-6055
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt067763
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0281357
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0668974
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0684424
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt010280
IRS990/TravelGrp/ProgramServicesAmt07666
IRS990/TravelGrp/TotalAmt017946
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01800 3RD AVE STE 420
IRS990/USAddress/CityNm0ROCK ISLAND
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061201
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM JACKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03097934925
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0QUAD CITIES COMMUNITY BROADCASTING GROUP
ReturnHeader/Filer/BusinessNameControlTxt0QUAD
ReturnHeader/Filer/EIN0320066891
ReturnHeader/Filer/PhoneNum03097934925
ReturnHeader/Filer/USAddress/AddressLine1Txt01800 3RD AVENUE NO 420
ReturnHeader/Filer/USAddress/CityNm0ROCK ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861065772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DELOITTE TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04550 E 53RD ST STE 110

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