Civic Intelligence

Kvcr Educational Foundation Inc

990 • Fiscal year 2018 • EIN 33-0880165

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 19, 2019

701 S Mount Vernon AveSan Bernardino, CA 92410

(909) 384-4444

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.55x

Higher debt load relative to assets than 82% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

64th percentile

0.20x

Higher debt load relative to revenue than 64% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

24th percentile

-6.9%

Higher net margin than 24% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

88th percentile

$181,750

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

60th percentile

4.2%

Faster asset growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-12%

Faster revenue growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$662,627

Up $26,856 (+4.2%) from 2017

Net Assets

Down

$300,531

Down $126,230 (-30%) from 2017

Liabilities

Up

$362,096

Up $153,086 (+73%) from 2017

Revenue

Down

$1,824,289

Down $254,348 (-12%) from 2017

Expenses

Down

$1,950,519

Down $320,208 (-14%) from 2017

Net Income

Up

-$126,230

Up $65,860 (+34%) 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: $2,030,277Liabilities 2013: $248,530Net Assets 2013: $1,781,7472013Assets 2014: $1,315,124Liabilities 2014: $131,341Net Assets 2014: $1,183,7832014Assets 2015: $970,395Liabilities 2015: $227,238Net Assets 2015: $743,1572015Assets 2016: $1,149,564Liabilities 2016: $530,713Net Assets 2016: $618,8512016Assets 2017: $635,771Liabilities 2017: $209,010Net Assets 2017: $426,7612017Assets 2018: $662,627Liabilities 2018: $362,096Net Assets 2018: $300,5312018Assets 2019: $944,064Liabilities 2019: $598,851Net Assets 2019: $345,2132019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2018

Assets$662,627
Liabilities$362,096
Net Assets$300,531

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $2,854,4542013Revenue 2014: $693,053Expenses 2014: $1,291,017Net Income 2014: -$597,9642014Revenue 2015: $2,034,660Expenses 2015: $2,475,286Net Income 2015: -$440,6262015Revenue 2016: $2,216,633Expenses 2016: $2,340,939Net Income 2016: -$124,3062016Revenue 2017: $2,078,637Expenses 2017: $2,270,727Net Income 2017: -$192,0902017Revenue 2018: $1,824,289Expenses 2018: $1,950,519Net Income 2018: -$126,2302018Revenue 2019: $1,746,172Expenses 2019: $1,701,490Net Income 2019: $44,6822019Revenue 2020: $0Expenses 2020: $345,213Net Income 2020: -$345,2132020

Highlighted filing

2018

Revenue$1,824,289
Expenses$1,950,519
Net Income-$126,230
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 19, 2019
Return Version
2017v2.3
Gross Receipts
$1,824,289
Mission and Program Overview

Mission

Kvcr foundation supports the kvcr tv and fm public broadcasting stations through fundraising and establishing goodwill for the stations and the san bernardino community college district throughout the service area.

Kvcr foundation is an auxiliary organization of san bernardino community college district to support the public broadcasting station(s) kvcr-tv and kvcr-fm through fundraising and establishing goodwill for the stations and the district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$526,306$583,884▲ $57,578
Inventories for Sale or Use$33,534$31,614▼ $1,920
Prepaid Expenses and Deferred Charges$620$23,964▲ $23,344
Accounts Receivable$1,358$1,960▲ $602
Total Assets$635,771$662,627▲ $26,856
Other Assets Total$73,953$21,205▼ $52,748
Liabilities
Deferred Revenue$103,438$273,903▲ $170,465
Accounts Payable and Accrued Expenses$68,709$75,641▲ $6,932
Other Liabilities$36,863$12,552▼ $24,311
Total Liabilities$209,010$362,096▲ $153,086
Net Assets / Fund Balance
Unrestricted Net Assets$323,323$295,421▼ $27,902
Temporarily Rstr Net Assets$103,438$5,110▼ $98,328
Total Net Assets Fund Balance$426,761$300,531▼ $126,230
Total Liabilities and Net Assets / Fund Balance$635,771$662,627▲ $26,856
Compensation and Service Providers

Employees

NameTitleOtherTotal
John LongvilleMember$16,742$16,742

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,819,716
Program Service Revenue
$0
Investment Income
$4,573
Other Revenue
$0
All Other Contributions
$1,819,716
Change in Net Assets
$-126,230

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,824,289
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,824,289
Total Revenue per Form 990
$1,824,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,545,660
Total Fundraising Expense$834,934
Salaries, Compensation, and Employee Benefits$404,859
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,654$83,332$314,873$404,859
Fees for Services Other$64,600-$145,789$210,389
Advertising$62,350--$62,350
Office Expenses$3,663-$37,582$41,245
Other Expenses$850,000$32,804$37,765$32,804
All Other Expenses-$2,400$27,774$30,174
Fees for Services Accounting-$7,514-$7,514
Travel$2,268-$1,136$3,404
Total Functional Expenses$989,535$126,050$834,934$1,950,519

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,950,519
Total Expenses per Audited Statements$1,950,519
Total Expenses per Form 990$1,950,519
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to a Related Party$12,552
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

The return will be provided to the board members prior to filing.

Form 990, Part VI, Section C, Line 19

Kvcr makes all documentation required for public disclosure per california law and irs regulations available upon request.

Filing and Contact Details

Filer

Filer Name
Kvcr Educational Foundation Inc
EIN
33-0880165
Phone
9093844444
Address
701 S MOUNT VERNON AVE, SAN BERNARDINO, CA 92410

Signing Officer

Name
Wilfrid Lemann
Title
President
Phone
9093844444
Signed
2019-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wilfrid Lemann
Formed
1999
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
45

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

Consultants: program service expenses 64,600. Management and general expenses 0. Fundraising expenses 145,789. Total expenses 210,389.

Financial Statement Notes

PART X, LINE 2:

The foundation has adopted fasb asc topic 740 that clarifies the accounting for uncertainty 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.

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IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01950519
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012552
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO A RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01824289
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS ADOPTED FASB ASC TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY 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:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01950519
IRS990ScheduleD/TotalLiabilityAmt012552
IRS990ScheduleD/TotalRevenuePerForm990Amt01824289
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01824289
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01950519
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0165791
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1142664
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt015959
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt114629
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RICHARD GALOPE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KEITH BIRKFIELD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0181750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1157293
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN WILL BE PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KVCR MAKES ALL DOCUMENTATION REQUIRED FOR PUBLIC DISCLOSURE PER CALIFORNIA LAW AND IRS REGULATIONS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONSULTANTS: PROGRAM SERVICE EXPENSES 64,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 145,789. TOTAL EXPENSES 210,389.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SAN BERNARDINO COMMUNITY COLLEGE DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0194525606
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PUBLIC COMMUNITY COLLEGE DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0114 S DEL ROSA DR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAN BERNARDINO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd092408
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0103438
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05110
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0635771
IRS990/TotalAssetsEOYAmt0662627
IRS990/TotalAssetsGrp/BOYAmt0635771
IRS990/TotalAssetsGrp/EOYAmt0662627
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01819716
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0834934
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0126050
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0989535
IRS990/TotalFunctionalExpensesGrp/TotalAmt01950519
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0209010
IRS990/TotalLiabilitiesEOYAmt0362096
IRS990/TotalLiabilitiesGrp/BOYAmt0209010
IRS990/TotalLiabilitiesGrp/EOYAmt0362096
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0426761
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0300531
IRS990/TotalOtherCompensationAmt042530
IRS990/TotalProgramServiceExpensesAmt0989535
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04573

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