Civic Intelligence

Inland Press Association

990 • Fiscal year 2017 • EIN 36-1262612

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 20, 2018

701 Lee Street No 925Des Plaines, IL 60016

(847) 795-0380

Siviq Scores

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

Liabilities / Assets

98th percentile

1.26x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

0.70x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

18th percentile

-6.3%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

95th percentile

$208,125

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 26.3% of source-year revenue.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-14%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$439,302

Up $31,909 (+7.8%) from 2015

Net Assets

Down

-$114,493

Down $43,526 (-61%) from 2015

Liabilities

Up

$553,795

Up $75,435 (+16%) from 2015

Revenue

Down

$791,010

Down $128,494 (-14%) from 2015

Expenses

Down

$840,511

Down $161,373 (-16%) from 2015

Net Income

Up

-$49,501

Up $32,879 (+40%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2010: $646,873Liabilities 2010: $233,739Net Assets 2010: $413,1342010Assets 2011: $518,454Liabilities 2011: $183,973Net Assets 2011: $334,4812011Assets 2012: $514,587Liabilities 2012: $312,189Net Assets 2012: $202,3982012Assets 2013: $595,536Liabilities 2013: $495,141Net Assets 2013: $100,3952013Assets 2014: $518,654Liabilities 2014: $507,241Net Assets 2014: $11,4132014Assets 2015: $407,393Liabilities 2015: $478,360Net Assets 2015: -$70,9672015Assets 2017: $439,302Liabilities 2017: $553,795Net Assets 2017: -$114,4932017

Highlighted filing

2017

Assets$439,302
Liabilities$553,795
Net Assets-$114,493

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,013,5512010Expenses 2011: $1,010,1192011Expenses 2012: $989,1772012Revenue 2013: $862,048Expenses 2013: $964,051Net Income 2013: -$102,0032013Revenue 2014: $889,728Expenses 2014: $978,709Net Income 2014: -$88,9812014Revenue 2015: $919,504Expenses 2015: $1,001,884Net Income 2015: -$82,3802015Revenue 2017: $791,010Expenses 2017: $840,511Net Income 2017: -$49,5012017

Highlighted filing

2017

Revenue$791,010
Expenses$840,511
Net Income-$49,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 20, 2018
Return Version
2017v2.3
Gross Receipts
$791,010
Mission and Program Overview

Mission

The purpose of Inland Press Association is to advance the welfare of its member newspapers, which are primarily located in the U.S., and to enable them to continue serving the people as a free, strong and responsible press.

Research and education relating to the newspaper publishing industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$87,642$178,743▲ $91,101
Savings and Temporary Cash Investments$111,990$141,525▲ $29,535
Accounts Receivable$117,520$66,728▼ $50,792
Land, Buildings, and Equipment, Net$6,925$3,964▼ $2,961
Total Assets$386,561$439,302▲ $52,741
Other Assets Total$62,484$48,342▼ $14,142
Liabilities
Deferred Revenue$388,850$472,604▲ $83,754
Accounts Payable and Accrued Expenses$62,699$81,191▲ $18,492
Total Liabilities$451,549$553,795▲ $102,246
Net Assets / Fund Balance
Unrestricted Net Assets$-64,988$-114,493▼ $49,505
Total Net Assets Fund Balance$-64,988$-114,493▼ $49,505
Total Liabilities and Net Assets / Fund Balance$386,561$439,302▲ $52,741

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,964$94,885-
Other Assets Org$48,342--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom SlaughterExecutive Director and SecPT$190,000$18,125$208,125
Patricia K SlusherEmployeePT$124,906-$124,906

Board Members and Trustees

NameTitle
Douglas HiemstraChairman
Tom YuntPresident
Doug PharesPresident-Elect
Cory BollingerVice President
Alan FiscoDirector
Cameron Nutting WilliamsDirector
Camille OlsonDirector
Conan GallatyDirector
John RungDirector
Matt McMillanDirector
Rick O'ConnorDirector
Scott ChampionDirector
Steve McPhaulDirector
Virginia CowenhovenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$791,010
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-49,501

Audited Revenue Reconciliation

Revenue per Audited Statements
$791,010
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$791,010
Total Revenue per Form 990
$791,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$440,603
Salaries, Compensation, and Employee Benefits$399,908
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$208,836$132,634-$341,470
Conferences and Meetings$106,217--$106,217
All Other Expenses$36,499$26,096-$62,595
Other Employee Benefits$21,934$14,172-$36,106
Payroll Taxes$13,774$8,558-$22,332
Travel$18,315$372-$18,687
Occupancy$5,764$10,974-$16,738
Other Expenses$8,458$6,803-$15,261
Depreciation Depletion$6,621$4,613-$11,234
Insurance$2,813$1,818-$4,631
Total Functional Expenses$572,524$267,987$0$840,511

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$840,511
Total Expenses per Audited Statements$840,511
Total Expenses per Form 990$840,511
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
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Members of inland press association have the right to participate in the organization's governance.

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

The members elect the board of directors

Form 990, Part VI, Section A, line 7B

Certain governance decisions are reserved to a vote of the members, including election or removal of directors, a merger, consolidation and dissolution or sale.

Form 990, Part VI, Section B, line 11B

A draft copy of the tax return is reviewed and approved by the secretary/treasurer of the board of directors before the filing of the return.

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

The board is annually required to disclose any conflicts of interest. All board members are required to sign a declaration form upon nomination to the board.

Form 990, Part VI, Section B, line 15A

Annually, the compensation committee of the board of directors meets to discuss and determine the compensation of the executive director. Some members of the committee come from similar positions/organizations and therefore have access to comparable compensation data. The decisions made by the committee are documented in writing and discussed with the executive director.

Form 990, Part VI, Section C, line 19

Governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Inland Press Association
EIN
36-1262612
Phone
8477950380
Address
701 Lee Street No 925, Des Plaines, IL 60016

Signing Officer

Name
Tom Slaughter
Title
Secretary/treasurer
Phone
8477950380
Signed
2018-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Slaughter
Formed
1887
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
0

Preparer

Firm
Way Ray Shelton & Co P C
Address
216 McFARLAND CIRCLE NORTH, TUSCALOOSA, AL 35406
Preparer
Steven A Shelton
Phone
2053455860
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Rounding adjustment -4.

Form 990, Part XII, Line 2C:

Executive committee of the board of directors has responsibility for oversight of the audit. This process has not changed from the prior year.

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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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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2541800
IRS990/ProgramServiceRevenueGrp/Desc0Meetings, surveys and
IRS990/ProgramServiceRevenueGrp/Desc1Membership dues and as
IRS990/ProgramServiceRevenueGrp/Desc2Publication advertisin
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0442437
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1319144
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0442437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1319144
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt229429
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt029429
IRS990/ProgSrvcAccomActy2Grp/Desc0Publication: The Inlander. Approximately 1,886 subscribers receive the Inlander - a monthly publication that informs newspaper employees of Inland programming and provides practical advice for newspaper operations.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt078538
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt029429
IRS990/ProgSrvcAccomActy3Grp/Desc0Other Committee, Board and Service Activities: Board meetings and various board activities. Board meets to discuss status of the Association as well as plan for the upcoming year.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt083112
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Cost and Revenue Study
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Wage and salary surveys
IRS990/ProgSrvcAccomActyOtherGrp/Desc2Employee survey
IRS990/ProgSrvcAccomActyOtherGrp/Desc3Advertising comparison study
IRS990/ProgSrvcAccomActyOtherGrp/Desc4Contests
IRS990/ProgSrvcAccomActyOtherGrp/Desc5Web page
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt051803
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt136738
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt22912
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt33215
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt46425
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt528807
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt053445
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt130489
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt2700
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt3481
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt47280
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt50
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0467256
IRS990/PYOtherRevenueAmt0842
IRS990/PYProgramServiceRevenueAmt0922202
IRS990/PYRevenuesLessExpensesAmt05979
IRS990/PYSalariesCompEmpBnftPaidAmt0449809
IRS990/PYTotalExpensesAmt0917065
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0923044
IRS990/ReconcilationRevenueExpnssAmt0-49501
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0350042
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0111990
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0141525
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03964
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094885
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt098849
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0840511
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt048342
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Software
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0791010
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03964
IRS990ScheduleD/TotalBookValueOtherAssetsAmt048342
IRS990ScheduleD/TotalExpensesPerForm990Amt0840511
IRS990ScheduleD/TotalRevenuePerForm990Amt0791010
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0791010
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0840511
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0190000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount018125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Tom Slaughter
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director and Sec
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0208125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The Company paid for the spouse of Executive Director Tom Slaughter to travel on Company trips. The total payment for his wife during the current year was $702. The payment was not included as compensation to Tom Slaughter.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 1a
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF INLAND PRESS ASSOCIATION HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN GOVERNANCE DECISIONS ARE RESERVED TO A VOTE OF THE MEMBERS, INCLUDING ELECTION OR REMOVAL OF DIRECTORS, A MERGER, CONSOLIDATION AND DISSOLUTION OR SALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT COPY OF THE TAX RETURN IS REVIEWED AND APPROVED BY THE SECRETARY/TREASURER OF THE BOARD OF DIRECTORS BEFORE THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board is annually required to disclose any conflicts of interest. All board members are required to sign a declaration form upon nomination to the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUALLY, THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS MEETS TO DISCUSS AND DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. SOME MEMBERS OF THE COMMITTEE COME FROM SIMILAR POSITIONS/ORGANIZATIONS AND THEREFORE HAVE ACCESS TO COMPARABLE COMPENSATION DATA. THE DECISIONS MADE BY THE COMMITTEE ARE DOCUMENTED IN WRITING AND DISCUSSED WITH THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Rounding adjustment -4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00

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