Civic Intelligence

Alliance for Audited Media

990 • Fiscal year 2016 • EIN 36-0756300

Sep 01, 2015 to Aug 31, 2016 • Filed on Jun 14, 2017

48 West Seegers RoadArlington Heights, IL 60005

(224) 366-6591

Siviq Scores

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

Liabilities / Assets

91st percentile

0.86x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

1.00x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Net Margin

82nd percentile

16%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

71st percentile

$767,667

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2016

Asset Growth

13th percentile

-5.0%

Faster asset growth than 13% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

42nd percentile

1.0%

Faster revenue growth than 42% of similar nonprofits.

2016 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Down

$29,194,551

Down $1,530,062 (-5.0%) from 2015

Net Assets

Up

$4,062,227

Up $2,042,208 (+101%) from 2015

Liabilities

Down

$25,132,324

Down $3,572,270 (-12%) from 2015

Revenue

Up

$25,120,720

Up $252,263 (+1.0%) from 2015

Expenses

Down

$21,022,375

Down $105,925 (-0.5%) from 2015

Net Income

Up

$4,098,345

Up $358,188 (+9.6%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$20M$0-$20MAssets 2010: $35,872,308Liabilities 2010: $36,238,524Net Assets 2010: -$366,2162010Assets 2011: $35,460,251Liabilities 2011: $34,656,862Net Assets 2011: $803,3892011Assets 2013: $32,611,795Liabilities 2013: $28,888,930Net Assets 2013: $3,722,8652013Assets 2014: $32,536,038Liabilities 2014: $28,907,551Net Assets 2014: $3,628,4872014Assets 2015: $30,724,613Liabilities 2015: $28,704,594Net Assets 2015: $2,020,0192015Assets 2016: $29,194,551Liabilities 2016: $25,132,324Net Assets 2016: $4,062,2272016Assets 2017: $29,921,682Liabilities 2017: $22,609,250Net Assets 2017: $7,312,4322017Assets 2018: $29,659,522Liabilities 2018: $19,699,882Net Assets 2018: $9,959,6402018Assets 2019: $15,903,605Liabilities 2019: $22,702,086Net Assets 2019: -$6,798,4812019Assets 2020: $16,579,367Liabilities 2020: $23,140,984Net Assets 2020: -$6,561,6172020Assets 2021: $17,794,762Liabilities 2021: $17,550,277Net Assets 2021: $244,4852021Assets 2022: $16,647,562Liabilities 2022: $14,881,597Net Assets 2022: $1,765,9652022Assets 2023: $22,729,987Liabilities 2023: $17,188,490Net Assets 2023: $5,541,4972023Assets 2024: $21,609,088Liabilities 2024: $6,983,178Net Assets 2024: $14,625,9102024

Highlighted filing

2016

Assets$29,194,551
Liabilities$25,132,324
Net Assets$4,062,227

Operations Trend

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

$40M$20M$0-$20MExpenses 2010: $21,920,6832010Expenses 2011: $22,410,5542011Expenses 2013: $21,446,8032013Revenue 2014: $21,660,346Expenses 2014: $22,431,463Net Income 2014: -$771,1172014Revenue 2015: $24,868,457Expenses 2015: $21,128,300Net Income 2015: $3,740,1572015Revenue 2016: $25,120,720Expenses 2016: $21,022,375Net Income 2016: $4,098,3452016Revenue 2017: $19,193,049Expenses 2017: $18,078,193Net Income 2017: $1,114,8562017Revenue 2018: $18,426,753Expenses 2018: $16,729,443Net Income 2018: $1,697,3102018Revenue 2019: $18,544,839Expenses 2019: $28,493,660Net Income 2019: -$9,948,8212019Revenue 2020: $16,896,558Expenses 2020: $16,247,253Net Income 2020: $649,3052020Revenue 2021: $11,739,341Expenses 2021: $13,858,499Net Income 2021: -$2,119,1582021Revenue 2022: $14,558,779Expenses 2022: $13,708,092Net Income 2022: $850,6872022Revenue 2023: $13,847,785Expenses 2023: $16,098,480Net Income 2023: -$2,250,6952023Revenue 2024: $14,727,368Expenses 2024: $28,152,454Net Income 2024: -$13,425,0862024

Highlighted filing

2016

Revenue$25,120,720
Expenses$21,022,375
Net Income$4,098,345
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jun 14, 2017
Return Version
2015v3.0
Gross Receipts
$37,031,485
Mission and Program Overview

Mission

Alliance for audited media (aam) is dedicated to being the world's pre-eminent self-regulatory auditing organization, responsible to advertisers, advertising agencies, and the media they use, for the independent verification and dissemination of our members' circulation, readership, and audience information.

Alliance for audited media is dedicated to being the world's pre-eminent self-regulatory auditing organization, responsible to advertisers, advertising agencies and (continue on schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$11,518,196$11,851,545▲ $333,349
Investments in Publicly Traded Securities$9,454,912$7,709,562▼ $1,745,350
Land, Buildings, and Equipment, Net$7,023,817$7,242,514▲ $218,697
Cash and Non-Interest-Bearing Accounts$1,693,022$1,916,110▲ $223,088
Prepaid Expenses and Deferred Charges$1,034,666$474,820▼ $559,846
Savings and Temporary Cash Investments$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
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$30,724,613$29,194,551▼ $1,530,062
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$16,750,746$18,865,650▲ $2,114,904
Accounts Payable and Accrued Expenses$3,692,984$3,326,875▼ $366,109
Deferred Revenue$8,225,527$2,916,420▼ $5,309,107
Mortgage Notes Payable Secured by Investment Property$35,337$23,379▼ $11,958
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$28,704,594$25,132,324▼ $3,572,270
Net Assets / Fund Balance
Unrestricted Net Assets$2,020,019$4,062,227▲ $2,042,208
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,020,019$4,062,227▲ $2,042,208
Total Liabilities and Net Assets / Fund Balance$30,724,613$29,194,551▼ $1,530,062

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,359,082$3,741,004$6,100,086
Buildings$3,923,432$905,796$4,829,228
Land$960,000-$960,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom DrouillardCEO, President, Managing DirectorFT$502,296$265,371$767,667
Brian CondonExecutive VPFT$337,459$117,338$454,797
Scott HansonExecutive VPFT$194,965$98,129$293,094
Mark WachowiczExecutive VPFT$195,487$85,373$280,860
Neal LulofsExecutive VPFT$197,551$82,955$280,506
Teresa PerrySr. Vice PresidentFT$180,237$85,460$265,697
Ken SchultzSr. Vice PresidentFT$176,938$80,229$257,167
George BartmanVice PresidentFT$177,279$39,224$216,503
Joe HardinVice PresidentFT$169,447$33,955$203,402
Alan DattelVice PresidentFT$149,115$31,002$180,117
Robert SchweitzerVice PresidentFT$116,112$54,082$170,194
Paul FajnorSVP Finance/AdminFT$44,796$107,271$152,067
Caroline D HarrisonDirector-$2,946-$2,946
Gordon FisherDirector-$2,665-$2,665
Evan A RayDirector-$1,665-$1,665
Shelagh StonehamDirector/Board Vice Chair-$1,324-$1,324
Edward W BoydDirector/Secretary-$1,306-$1,306
Gary VorpahlDirector-$1,268-$1,268
Brenda WhiteDirector-$1,043-$1,043
Thomas CassidyDirector-$1,028-$1,028
Jeffrey HoleckoDirector-$865-$865
Christopher DaleyDirector/Board Vice Chair-$773-$773

Board Members and Trustees

NameTitle
Christina MeringoloDirector/Board Chair
Scott KruseDirector/Board Vice Chair
Barry SchiroDirector
Christopher L BlackDirector
Daniel SchaubDirector
David K Ronk IIDirector
David P MurphyDirector
David StromeDirector
Debbie SklarDirector
Eric ZinczenkoDirector
Janet HassonDirector
Jerry K HillDirector
Kathy HeatleyDirector
Phillip CrawleyDirector
Robin SteinbergDirector
Rosheen O'DonovanDirector
Stephanie StantonDirector
Steve MaichDirector
Steven H MuellerDirector
Steven K PopeDirector
Susan RobersonDirector
Tom HartyDirector
Tony HunterDirector
Liberta AbbondanteDirector/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Advanced Search Business AnalyticConsulting10 CORPORATE PLACE SOUTH SUITE 106, Piscataway, NJ 08854$260,000
Indusa Technology CorpConsulting1 TRANS AM PLAZA DRIVE SUITE 350, Oakbrook Terrace, IL 60181$258,000
Sikich LLPConsulting1415 W DIEHL RD SUITE 400, Naperville, IL 60563$151,000
122e 42nd Street LLCRent277 PARK AVENUE 42ND FLOOR, New York, NY 10172$113,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$23,585,766
Investment Income
$578,073
Other Revenue
$956,881
Change in Net Assets
$4,098,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,579,577
Other Expenses$4,442,798
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$11,270,786
Current Officers, Directors, Trustees, and Key Employees---$2,276,608
Other Employee Benefits---$1,404,065
Payroll Taxes---$968,447
Travel---$839,779
Fees for Services Other---$705,773
Pension Plan Contributions---$659,671
Depreciation Depletion$0-$0$613,491
Occupancy---$571,341
Information Technology---$527,318
Conferences and Meetings---$400,824
Insurance---$217,503
Advertising---$142,584
Office Expenses---$142,420
Fees for Services Legal---$122,559
Fees for Services Accounting---$69,233
Other Expenses---$36,336
Fees for Service Investment Mgmnt Fees---$25,657
Interest---$1,221
Total Functional Expenses$0$0$0$21,022,375
International Activity

International Summary

Offices
1
Employees
7
Spending
$1,661,628

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram ServicesCirculation Auditing17$1,661,628
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Gannett Co IncAam Director/publishingProvide Audit & Report ServiceNo$1,720,233
Advance PublicationsAam Director/publishingProvide Audit & Report ServiceNo$504,326
Meredith CorporationAam Director/publishingProvide Audit & Report ServiceNo$351,198
Rogers MediaAam Director/publishingProvide Audit & Report ServiceNo$147,867

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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pension Liability$9,748,384
Investment in Subsidiaries$9,117,266
Other$0
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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 VI, Section A, Line 4:

The number of the governing body's voting members has changed from 30 to 33.

Form 990, Part VI, Section A, Line 6:

The Alliance for Audited Media is a trade association whose members represent both the advertising and publishing industry. The Alliance for Audited Media's members participate in the election of Directors to the governing body, as well as serving on various advisory committees for the benefit of the advertising and publishing industry.

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

Members of each of respective membership division, within the organization, who are present in person or by proxy and eligible to vote, are eligible to nominate and vote on the election of all the directors who will represent their respective membership division.

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

Members of each respective membership division are eligible to vote for AAM directors, membership eligibility requirements, approval of annual meeting minutes and other potential votes by members required by the Illinois Not-for-Profit Corporation Act. All decisions by the AAM Board of Directors are subject to the Alliance's bylaws governing special meetings.

Form 990, Part VI, Section B, Line 11B:

As outlined in AAM's Audit Committee Charter, AAM's President, VP-Finance and the Tax Partner from AAM's Public Accounting firm, (if present) will review AAM's U.S. Form 990 with AAM's Audit Committee prior to submission to the IRS. This review is conducted at the AAM's May/June Audit Committee and consists of a review of tax accounting principles, practices and judgments.

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

All AAM Board members, as well as all AAM employees are required to sign a conflict of interest policy annually. Within the Conflict of Interest Policy is a requirement to divulge any conflict. The signed documents are retained by the AAM.

Form 990, Part VI, Section B, Line 15A:

During the annual review of AAM's fiscal budget, the AAM's Operations Committee will review and recommend to AAM's Board of Directors the approval of compensation for all AAM officers. The approval of the fiscal budget is documented in AAM's Board meeting minutes. In determining the President's compensation, AAM's Treasurer will seek and receive input from the Chair's of AAM Media Committees, plus the Chairman of the Board, plus use Form 990's from other not for profit organizations.

Form 990, Part VI, Section C, Line 19:

Upon completion of the annual financial audit, Alliance for Audited Media posts its consolidated financial statements on its website. In addition, the AAM's bylaws and rules are posted on its website. No other documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Alliance for Audited Media
EIN
36-0756300
In Care Of
% BOB SCHWEITZER
Phone
2243666591
Address
48 West Seegers Road, Arlington Heights, IL 60005

Signing Officer

Name
Bob Schweitzer
Title
VP Finance
Phone
2243666939
Signed
2017-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Drouillard
Formed
1914
Legal Domicile
Il
Voting Board Members
33
Independent Board Members
33
Employees
194
Volunteers
33

Preparer

Firm
Baker Tilly Virchow Krause LLP
Address
205 N Michigan Ave 28th Floor, Chicago, IL 60601-5927
Preparer
Mark Heroux
Phone
3127298000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1:

The media they use, for the independent verification and dissemination of our members' circulation, readership and audience information.

Form 990, Part XI, Line 9:

Pension-Related changes: ($1,982,497) Change in foreign currency: $35,522 Allowance for bad debt: $8,032

Financial Statement Notes

Part X, Line 2:

Aam follows the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the consolidated financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by aam for uncertain tax positions as of august 31, 2016 and 2015. Aam's tax returns are subject to review and examination by federal and state authorities. The tax returns for the fiscal years 2013 and thereafter are open to examination by federal and state authorities.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Liberta Abbondante
IRS990/Form990PartVIISectionAGrp/PersonNm1Christopher L Black
IRS990/Form990PartVIISectionAGrp/PersonNm2Edward W Boyd
IRS990/Form990PartVIISectionAGrp/PersonNm3Thomas Cassidy
IRS990/Form990PartVIISectionAGrp/PersonNm4Phillip Crawley
IRS990/Form990PartVIISectionAGrp/PersonNm5Christopher Daley
IRS990/Form990PartVIISectionAGrp/PersonNm6Gordon Fisher
IRS990/Form990PartVIISectionAGrp/PersonNm7Caroline D Harrison
IRS990/Form990PartVIISectionAGrp/PersonNm8Tom Harty
IRS990/Form990PartVIISectionAGrp/PersonNm9Janet Hasson
IRS990/Form990PartVIISectionAGrp/PersonNm10Kathy Heatley
IRS990/Form990PartVIISectionAGrp/PersonNm11Jerry K Hill
IRS990/Form990PartVIISectionAGrp/PersonNm12Jeffrey Holecko
IRS990/Form990PartVIISectionAGrp/PersonNm13Tony Hunter
IRS990/Form990PartVIISectionAGrp/PersonNm14Scott Kruse
IRS990/Form990PartVIISectionAGrp/PersonNm15Steve Maich
IRS990/Form990PartVIISectionAGrp/PersonNm16Christina Meringolo
IRS990/Form990PartVIISectionAGrp/PersonNm17Steven H Mueller
IRS990/Form990PartVIISectionAGrp/PersonNm18David P Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm19Rosheen O'Donovan
IRS990/Form990PartVIISectionAGrp/PersonNm20Steven K Pope
IRS990/Form990PartVIISectionAGrp/PersonNm21Evan A Ray
IRS990/Form990PartVIISectionAGrp/PersonNm22Susan Roberson
IRS990/Form990PartVIISectionAGrp/PersonNm23David K Ronk II
IRS990/Form990PartVIISectionAGrp/PersonNm24Daniel Schaub
IRS990/Form990PartVIISectionAGrp/PersonNm25Barry Schiro
IRS990/Form990PartVIISectionAGrp/PersonNm26Debbie Sklar
IRS990/Form990PartVIISectionAGrp/PersonNm27Stephanie Stanton
IRS990/Form990PartVIISectionAGrp/PersonNm28Robin Steinberg
IRS990/Form990PartVIISectionAGrp/PersonNm29Shelagh Stoneham
IRS990/Form990PartVIISectionAGrp/PersonNm30David Strome
IRS990/Form990PartVIISectionAGrp/PersonNm31Gary Vorpahl
IRS990/Form990PartVIISectionAGrp/PersonNm32Brenda White
IRS990/Form990PartVIISectionAGrp/PersonNm33Eric Zinczenko
IRS990/Form990PartVIISectionAGrp/PersonNm34Tom Drouillard
IRS990/Form990PartVIISectionAGrp/PersonNm35Paul Fajnor
IRS990/Form990PartVIISectionAGrp/PersonNm36Robert Schweitzer
IRS990/Form990PartVIISectionAGrp/PersonNm37Scott Hanson
IRS990/Form990PartVIISectionAGrp/PersonNm38Neal Lulofs
IRS990/Form990PartVIISectionAGrp/PersonNm39Mark Wachowicz
IRS990/Form990PartVIISectionAGrp/PersonNm40Teresa Perry
IRS990/Form990PartVIISectionAGrp/PersonNm41George Bartman
IRS990/Form990PartVIISectionAGrp/PersonNm42Ken Schultz
IRS990/Form990PartVIISectionAGrp/PersonNm43Brian Condon
IRS990/Form990PartVIISectionAGrp/PersonNm44Alan Dattel
IRS990/Form990PartVIISectionAGrp/PersonNm45Joe Hardin
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.6$6.98$14.6$14.7$28.2$13.4
2023Detailed filing. Detailed filing data is available for this year.$22.7$17.2$5.54$13.8$16.1$2.25
2022Detailed filing. Detailed filing data is available for this year.$16.6$14.9$1.77$14.6$13.7$0.85
2021Detailed filing. Detailed filing data is available for this year.$17.8$17.6$0.24$11.7$13.9$2.12
2020Detailed filing. Detailed filing data is available for this year.$16.6$23.1$6.56$16.9$16.2$0.65
2019Detailed filing. Detailed filing data is available for this year.$15.9$22.7$6.80$18.5$28.5$9.95
2018Detailed filing. Detailed filing data is available for this year.$29.7$19.7$9.96$18.4$16.7$1.70
2017Detailed filing. Detailed filing data is available for this year.$29.9$22.6$7.31$19.2$18.1$1.11
2016Detailed filing. Detailed filing data is available for this year.$29.2$25.1$4.06$25.1$21.0$4.10
2015Detailed filing. Detailed filing data is available for this year.$30.7$28.7$2.02$24.9$21.1$3.74
2014Detailed filing. Detailed filing data is available for this year.$32.5$28.9$3.63$21.7$22.4$0.77
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$28.9$3.72$21.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$34.7$0.80$22.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.9$36.2$0.37$21.9