Civic Intelligence

Caritas Telecommunications

990 • Fiscal year 2017 • EIN 33-0440691

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 05, 2018

1201 East Highland AveSan Bernardino, CA 92404

(909) 475-5300

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

23rd percentile

0.07x

Higher debt load relative to revenue than 23% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

87th percentile

39%

Higher net margin than 87% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

13th percentile

-5.4%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

7.8%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$11,734,799

Down $671,328 (-5.4%) from 2016

Net Assets

Up

$11,587,682

Up $1,232,868 (+12%) from 2016

Liabilities

Down

$147,117

Down $1,904,196 (-93%) from 2016

Revenue

Up

$1,983,754

Up $144,180 (+7.8%) from 2016

Expenses

Down

$1,208,631

Down $458,701 (-28%) from 2016

Net Income

Up

$775,123

Up $602,881 (+350%) from 2016

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $18,042,921Liabilities 2010: $3,050Net Assets 2010: $18,039,8712010Assets 2012: $16,417,949Liabilities 2012: $13,499Net Assets 2012: $16,404,4502012Assets 2013: $15,424,798Liabilities 2013: $20,923Net Assets 2013: $15,403,8752013Assets 2014: $14,868,269Liabilities 2014: $5,044,834Net Assets 2014: $9,823,4352014Assets 2015: $13,827,392Liabilities 2015: $3,515,194Net Assets 2015: $10,312,1982015Assets 2016: $12,406,127Liabilities 2016: $2,051,313Net Assets 2016: $10,354,8142016Assets 2017: $11,734,799Liabilities 2017: $147,117Net Assets 2017: $11,587,6822017Assets 2018: $11,180,211Liabilities 2018: $5,901Net Assets 2018: $11,174,3102018Assets 2019: $10,709,374Liabilities 2019: $8,541Net Assets 2019: $10,700,8332019Assets 2020: $10,028,654Liabilities 2020: $15,862Net Assets 2020: $10,012,7922020Assets 2021: $11,718,215Liabilities 2021: $24,590Net Assets 2021: $11,693,6252021Assets 2022: $10,227,396Liabilities 2022: $3,778Net Assets 2022: $10,223,6182022Assets 2023: $10,441,644Liabilities 2023: $27,309Net Assets 2023: $10,414,3352023Assets 2024: $11,221,162Liabilities 2024: $38,421Net Assets 2024: $11,182,7412024

Highlighted filing

2017

Assets$11,734,799
Liabilities$147,117
Net Assets$11,587,682

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $312,9212010Expenses 2012: $788,2382012Expenses 2013: $1,533,8082013Revenue 2014: $2,197,261Expenses 2014: $1,501,289Net Income 2014: $695,9722014Revenue 2015: $1,904,397Expenses 2015: $1,509,451Net Income 2015: $394,9462015Revenue 2016: $1,839,574Expenses 2016: $1,667,332Net Income 2016: $172,2422016Revenue 2017: $1,983,754Expenses 2017: $1,208,631Net Income 2017: $775,1232017Revenue 2018: $492,445Expenses 2018: $1,039,922Net Income 2018: -$547,4772018Revenue 2019: $386,063Expenses 2019: $986,264Net Income 2019: -$600,2012019Revenue 2020: $309,467Expenses 2020: $1,021,171Net Income 2020: -$711,7042020Revenue 2021: $1,349,340Expenses 2021: $1,462,704Net Income 2021: -$113,3642021Revenue 2022: $1,292,209Expenses 2022: $1,277,764Net Income 2022: $14,4452022Revenue 2023: $1,100,196Expenses 2023: $1,660,325Net Income 2023: -$560,1292023Revenue 2024: $2,075,081Expenses 2024: $2,176,236Net Income 2024: -$101,1552024

Highlighted filing

2017

Revenue$1,983,754
Expenses$1,208,631
Net Income$775,123
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 5, 2018
Return Version
2016v3.0
Gross Receipts
$1,983,754
Mission and Program Overview

Mission

Caritas telecommunications, inc. Provides educational programming and services to catholic churches and schools in san bernardino and riverside counties utilizing federally licensed educational broadband spectrum.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$5,240,592$4,773,949▼ $466,643
Savings and Temporary Cash Investments$2,631,997$3,498,662▲ $866,665
Land, Buildings, and Equipment, Net$161,238$67,116▼ $94,122
Prepaid Expenses and Deferred Charges$600--
Total Assets$12,406,127$11,734,799▼ $671,328
Other Assets Total$4,371,700$3,395,072▼ $976,628
Liabilities
Deferred Revenue$1,675,000--
Accounts Payable and Accrued Expenses$376,313$147,117▼ $229,196
Total Liabilities$2,051,313$147,117▼ $1,904,196
Net Assets / Fund Balance
Unrestricted Net Assets$10,354,814$11,587,682▲ $1,232,868
Total Net Assets Fund Balance$10,354,814$11,587,682▲ $1,232,868
Total Liabilities and Net Assets / Fund Balance$12,406,127$11,734,799▼ $671,328

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$67,116$594,901$662,017
Other Assets Org$3,395,072--
Other Securities$4,046,267--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$678,499-▲ $80,630$31,447$727,682
2015$704,852-▲ $4,452$30,805$678,499
2014$713,075-▲ $19,696$29,137$703,634
2013$635,711-▲ $106,452$29,088$713,075
2012$593,705-▲ $70,726$28,720$635,711
Compensation and Service Providers

Board Members and Trustees

NameTitle
James PulverChairman
Gerald R BarnesPresident
Enrique MurillojrVice-chair
Bruce SatzgerDirector
Gerard M LopezDirector
Maureen KennedyDirector
Charlie JohnsonDirector/secretary
Laura ClarkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$35,641
Program Service Revenue
$1,719,459
Investment Income
$228,654
Other Revenue
$0
All Other Contributions
$35,641
Change in Net Assets
$775,123

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,983,754
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,013,395
Total Revenue per Audited Statements
$2,997,149
Total Revenue per Form 990
$1,983,754
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$831,570
Grants and Similar Amounts Paid$377,061
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$377,061--$377,061
Depreciation Depletion-$94,121-$94,121
Information Technology$66,249--$66,249
Fees for Services Accounting-$54,929-$54,929
Occupancy-$14,191-$14,191
Office Expenses$7,478$3,276-$10,754
Travel$5,705--$5,705
Other Expenses$42,531$2,055-$2,055
Insurance-$1,709-$1,709
Fees for Services Other$1,365--$1,365
Total Functional Expenses$1,038,350$170,281$0$1,208,631

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,764,281
Expenses per Audited Statements$1,208,631
Total Expenses per Form 990$1,208,631
Expenses Not Reported on Form 990$555,650
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Roman Catholic Bishop of San BernardinoSan Bernardino, CA501(c)(3)Communications Department Support Video Conferencing, Media Center$190,434
Diocese of San Bernardino Education & Welfare CorporationSan Bernardino, CA501(c)(3)School Technology Grants$186,627
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
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
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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 B, Line 11B

Form 990 is reviewed by the financial services office and distributed to each board member before the return in filed.

Form 990, Part VI, Section B, Line 12

Annual memos are distributed to document compliance for the year

Form 990, Part VI, Section C, Line 19

Upon written request the organization will make required documents available at the business office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Caritas Telecommunications
EIN
33-0440691
Phone
9094755300
Address
1201 EAST HIGHLAND AVE, SAN BERNARDINO, CA 92404

Signing Officer

Name
Laura J Clark
Title
Treasurer
Phone
9094755300
Signed
2018-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura J Clark
Formed
1989
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Vavrinektrineday & Co Llp
Address
10681 FOOTHILL BLVD SUITE 300, RANCHO CUCAMONGA, CA 91730
Preparer
Catherine L Gray
Phone
9094664410
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The company has adopted fasb asc topic 740 that clarifies the accounting for uncertainity in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain, and, accordingly, no accounting adjustment has been made to the financial statements.

Raw XML AppendixShowing 400 of 463 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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02148512
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0AFFILIATE RECEIVABLE
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0594901
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0CARITAS ENDOWMENT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1OTHER INVESTMENTS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY HAS ADOPTED FASB ASC TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINITY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/GrantRecordsMaintainedInd01
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COMMUNICATIONS DEPARTMENT SUPPORT VIDEO CONFERENCING, MEDIA CENTER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOOL TECHNOLOGY GRANTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ROMAN CATHOLIC BISHOP OF SAN BERNARDINO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1DIOCESE OF SAN BERNARDINO EDUCATION & WELFARE CORPORATION
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11201 EAST HIGHLAND AVE
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IRS990ScheduleI/RecipientTable/USAddress/CityNm1SAN BERNARDINO
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IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1ACTUAL AMOUNT GIVEN
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE FINANCIAL SERVICES OFFICE AND DISTRIBUTED TO EACH BOARD MEMBER BEFORE THE RETURN IN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL MEMOS ARE DISTRIBUTED TO DOCUMENT COMPLIANCE FOR THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON WRITTEN REQUEST THE ORGANIZATION WILL MAKE REQUIRED DOCUMENTS AVAILABLE AT THE BUSINESS OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt012406127
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt00
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IRS990/TotalLiabilitiesGrp/BOYAmt02051313
IRS990/TotalLiabilitiesGrp/EOYAmt0147117
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.2$0.04$11.2$2.08$2.18$0.10
2023Detailed filing. Detailed filing data is available for this year.$10.4$0.03$10.4$1.10$1.66$0.56
2022Detailed filing. Detailed filing data is available for this year.$10.2$0.00$10.2$1.29$1.28$0.01
2021Detailed filing. Detailed filing data is available for this year.$11.7$0.02$11.7$1.35$1.46$0.11
2020Detailed filing. Detailed filing data is available for this year.$10.0$0.02$10.0$0.31$1.02$0.71
2019Detailed filing. Detailed filing data is available for this year.$10.7$0.01$10.7$0.39$0.99$0.60
2018Detailed filing. Detailed filing data is available for this year.$11.2$0.01$11.2$0.49$1.04$0.55
2017Detailed filing. Detailed filing data is available for this year.$11.7$0.15$11.6$1.98$1.21$0.78
2016Detailed filing. Detailed filing data is available for this year.$12.4$2.05$10.4$1.84$1.67$0.17
2015Detailed filing. Detailed filing data is available for this year.$13.8$3.52$10.3$1.90$1.51$0.39
2014Detailed filing. Detailed filing data is available for this year.$14.9$5.04$9.82$2.20$1.50$0.70
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$0.02$15.4$1.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$0.01$16.4$0.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$0.00$18.0$0.31