Civic Intelligence

West Central Minnesota Educational Television Company

990 • Fiscal year 2017 • EIN 41-6038611

Jul 01, 2016 to Jun 30, 2017 • Filed on May 03, 2018

120 W SchliemanAppleton, MN 56208

(320) 289-2622

Siviq Scores

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

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

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

Liabilities / Revenue

12th percentile

0.03x

Higher debt load relative to revenue than 12% of similar nonprofits.

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

Net Margin

92nd percentile

53%

Higher net margin than 92% of similar nonprofits.

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

Top Officer Pay

18th percentile

$84,197

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

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

Asset Growth

91st percentile

36%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

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

Assets

Up

$11,110,395

Up $2,924,308 (+36%) from 2016

Net Assets

Up

$10,942,063

Up $3,398,295 (+45%) from 2016

Liabilities

Down

$168,332

Down $473,987 (-74%) from 2016

Revenue

Up

$6,441,747

Up $841,904 (+15%) from 2016

Expenses

Up

$3,050,154

Up $63,658 (+2.1%) from 2016

Net Income

Up

$3,391,593

Up $778,246 (+30%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $6,706,967Liabilities 2010: $540,411Net Assets 2010: $6,166,5562010Assets 2011: $6,404,324Liabilities 2011: $395,973Net Assets 2011: $6,008,3512011Assets 2012: $6,601,616Liabilities 2012: $577,289Net Assets 2012: $6,024,3272012Assets 2013: $6,050,083Liabilities 2013: $594,452Net Assets 2013: $5,455,6312013Assets 2014: $5,713,855Liabilities 2014: $658,814Net Assets 2014: $5,055,0412014Assets 2015: $5,549,516Liabilities 2015: $582,640Net Assets 2015: $4,966,8762015Assets 2016: $8,186,087Liabilities 2016: $642,319Net Assets 2016: $7,543,7682016Assets 2017: $11,110,395Liabilities 2017: $168,332Net Assets 2017: $10,942,0632017Assets 2018: $11,714,772Liabilities 2018: $167,437Net Assets 2018: $11,547,3352018Assets 2019: $12,238,140Liabilities 2019: $846,557Net Assets 2019: $11,391,5832019Assets 2020: $11,284,600Liabilities 2020: $483,776Net Assets 2020: $10,800,8242020Assets 2021: $12,072,259Liabilities 2021: $586,659Net Assets 2021: $11,485,6002021Assets 2022: $10,824,686Liabilities 2022: $333,034Net Assets 2022: $10,491,6522022Assets 2023: $11,267,859Liabilities 2023: $784,178Net Assets 2023: $10,483,6812023Assets 2024: $10,690,795Liabilities 2024: $565,086Net Assets 2024: $10,125,7092024

Highlighted filing

2017

Assets$11,110,395
Liabilities$168,332
Net Assets$10,942,063

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,228,2952010Revenue 2011: $2,158,678Expenses 2011: $2,365,271Net Income 2011: -$206,5932011Revenue 2012: $2,363,774Expenses 2012: $2,332,991Net Income 2012: $30,7832012Expenses 2013: $2,535,2902013Revenue 2014: $2,204,158Expenses 2014: $2,618,490Net Income 2014: -$414,3322014Revenue 2015: $2,571,043Expenses 2015: $2,602,645Net Income 2015: -$31,6022015Revenue 2016: $5,599,843Expenses 2016: $2,986,496Net Income 2016: $2,613,3472016Revenue 2017: $6,441,747Expenses 2017: $3,050,154Net Income 2017: $3,391,5932017Revenue 2018: $3,756,920Expenses 2018: $3,141,125Net Income 2018: $615,7952018Revenue 2019: $3,366,041Expenses 2019: $3,524,857Net Income 2019: -$158,8162019Revenue 2020: $2,906,367Expenses 2020: $3,495,719Net Income 2020: -$589,3522020Revenue 2021: $4,076,753Expenses 2021: $3,493,660Net Income 2021: $583,0932021Revenue 2022: $3,028,477Expenses 2022: $3,844,918Net Income 2022: -$816,4412022Revenue 2023: $3,814,813Expenses 2023: $3,862,372Net Income 2023: -$47,5592023Revenue 2024: $3,265,028Expenses 2024: $3,699,571Net Income 2024: -$434,5432024

Highlighted filing

2017

Revenue$6,441,747
Expenses$3,050,154
Net Income$3,391,593
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 3, 2018
Return Version
2016v3.1
Gross Receipts
$6,931,134
Mission and Program Overview

Mission

To produce and/or broadcast educational television programs to viewing area of west central minnesota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,225,011$3,892,157▼ $332,854
Investments in Publicly Traded Securities$482,304$539,241▲ $56,937
Pledges and Grants Receivable$124,930$328,391▲ $203,461
Investments Program Related$52,350$105,084▲ $52,734
Other Notes and Loans Receivable, Net$27,980$27,874▼ $106
Accounts Receivable$15,509$17,879▲ $2,370
Prepaid Expenses and Deferred Charges$4,131$2,562▼ $1,569
Cash and Non-Interest-Bearing Accounts$3,872$2,226▼ $1,646
Total Assets$8,186,087$11,110,395▲ $2,924,308
Other Assets Total$3,250,000$6,194,981▲ $2,944,981
Liabilities
Other Liabilities$410,169--
Accounts Payable and Accrued Expenses$179,339$125,469▼ $53,870
Deferred Revenue$51,963$42,863▼ $9,100
Mortgage Notes Payable Secured by Investment Property$848--
Total Liabilities$642,319$168,332▼ $473,987
Net Assets / Fund Balance
Unrestricted Net Assets$7,044,866$10,133,722▲ $3,088,856
Temporarily Rstr Net Assets$478,571$788,010▲ $309,439
Permanently Rstr Net Assets$20,331$20,331→ $0
Total Net Assets Fund Balance$7,543,768$10,942,063▲ $3,398,295
Total Liabilities and Net Assets / Fund Balance$8,186,087$11,110,395▲ $2,924,308

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,608,832$5,677,185$9,286,017
Buildings$68,438$662,340$730,778
Land$214,887-$214,887
Leasehold Improvements-$5,406$5,406
Other Assets Org$6,194,981--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$102,548-▲ $10,449-$111,952
2015$107,440-▲ $4,383-$102,548
2014$108,140-▲ $12,817-$107,440
2013$95,209-▲ $12,931-$108,140
2012$88,384-▲ $8,058-$95,209
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leslie HeenGeneral MgrFT$73,635$10,562$84,197

Board Members and Trustees

NameTitle
Pat KublyChairperson
Andy LopezDirector
Chuck GrussingDirector
Deb EconomouDirector
Holly WittDirector
Linda WingDirector
Paul RaymoDirector
Roxanne HayengaDirector
Julie Rath1st Vice-CHA
Julie Bleyhl2nd Vice-CHA
Mark OlsonSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$6,323,583
Program Service Revenue
$56,674
Investment Income
$20,578
Other Revenue
$40,912
All Other Contributions
$5,268,681
Change in Net Assets
$3,391,593

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,424,670
Revenue Not Reported on Financial Statements
$17,077
Revenue Not Reported on Form 990
$228,914
Other Revenue Adjustments
$17,077
Total Revenue per Audited Statements
$6,653,584
Total Revenue per Form 990
$6,441,747
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,827,408
Salaries, Compensation, and Employee Benefits$1,185,114
Total Fundraising Expense$411,655
Professional Fundraising Fees$37,632
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$625,459$65,385$168,468$859,312
Depreciation Depletion$477,901$6,106$11,200$495,207
Fees for Services Other$124,796$62,257$27,682$214,735
Other Employee Benefits$94,268$28,215$23,357$145,840
Occupancy$63,962$38,674-$102,636
All Other Expenses$25,549$33,604$34,433$93,586
Current Officers, Directors, Trustees, and Key Employees-$85,000-$85,000
Payroll Taxes$47,253$11,966$12,980$72,199
Insurance$16,666$46,136-$62,802
Travel$30,082$12,726$10,352$53,160
Advertising$48,380$741$2,276$51,397
Fees for Services Professional Fundraising--$37,632$37,632
Other Expenses$23,896$3,671$552$28,119
Pension Plan Contributions$14,955$4,348$3,460$22,763
Fees for Services Lobbying--$18,333$18,333
Fees for Services Accounting-$15,426-$15,426
Interest-$7,423-$7,423
Fees for Services Legal-$4,024-$4,024
Conferences and Meetings$2,477$150$450$3,077
Total Functional Expenses$2,181,806$456,693$411,655$3,050,154

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,255,289
Total Expenses per Form 990$3,050,154
Expenses per Audited Statements$3,046,997
Expenses Not Reported on Form 990$208,292
Expenses Not Reported on Financial Statements$3,157
Other Expense Adjustments$3,157
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$37,632
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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
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

The organization is a 50% member in appleton tower, llc along with mn public radio which owns the remaining 50% interest. This llc was formed to own a broadcasting tower and building that is used for the tax exempt purposes of each organization. Both organizations are tax exempt organizations and have equal control over the llc to ensure that the activities will not jeopordize the organization's tax exempt status.

Form 990, Page 6, Part VI, Line 11B

The general manager and director of finance review first. Then the general manager reviews it with the president of the board.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors and enforces compliance of the conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

Compensation of the station manager is subject to a reviewal and approval process.

Form 990, Page 6, Part VI, Line 15B

Compensation to officers is subject to review and approval.

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

Filer Name
West Central Mn Educ Television
EIN
41-6038611
Phone
3202892622
Address
120 W SCHLIEMAN, APPLETON, MN 56208
Doing Business As
Pioneer Public Tv

Signing Officer

Name
Leslie Heen
Title
General Mgr
Phone
3202892622
Signed
2018-05-03

Organization Details

Principal Officer
Leslie Heen
Formed
1959
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
30
Volunteers
200

Preparer

Firm
Dana F Cole & Company Llp
Address
PO BOX 502, MONTEVIDEO, MN 56265
Preparer
James B Knutson
Phone
3202692146
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

CONTRACT SERVICES

Form 990, Part XI, Line 9

Rental expenses 135,645 net unrelated business income from appleton tower, llc -12,056 related income from appleton tower, llc -5,021 rental expenses -135,645 gain in appleton tower, llc - equity method 3,157 total -13,920

Form 990, Part XII

The audit is reviewed annually by the board at a board meeting.

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

RENTAL EXPENSES 135,645

Schedule D, Page 4, Part XI, Line 4B

Net unrelated business income from appleton tower, llc 12,056 related income from appleton tower, llc 5,021

Schedule D, Page 4, Part XII, Line 2D

RENTAL EXPENSES 135,645

Schedule D, Page 4, Part XII, Line 4B

Gain in appleton tower, llc - equity method 3,157

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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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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.7$0.57$10.1$3.27$3.70$0.43
2023Detailed filing. Detailed filing data is available for this year.$11.3$0.78$10.5$3.81$3.86$0.05
2022Detailed filing. Detailed filing data is available for this year.$10.8$0.33$10.5$3.03$3.84$0.82
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$0.59$11.5$4.08$3.49$0.58
2020Detailed filing. Detailed filing data is available for this year.$11.3$0.48$10.8$2.91$3.50$0.59
2019Detailed filing. Detailed filing data is available for this year.$12.2$0.85$11.4$3.37$3.52$0.16
2018Detailed filing. Detailed filing data is available for this year.$11.7$0.17$11.5$3.76$3.14$0.62
2017Detailed filing. Detailed filing data is available for this year.$11.1$0.17$10.9$6.44$3.05$3.39
2016Detailed filing. Detailed filing data is available for this year.$8.19$0.64$7.54$5.60$2.99$2.61
2015Detailed filing. Detailed filing data is available for this year.$5.55$0.58$4.97$2.57$2.60$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.71$0.66$5.06$2.20$2.62$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.05$0.59$5.46$2.54
2012Summary only. Only limited summary data is available for this year.$6.60$0.58$6.02$2.36$2.33$0.03
2011Summary only. Only limited summary data is available for this year.$6.40$0.40$6.01$2.16$2.37$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.71$0.54$6.17$2.23