Civic Intelligence

Fotv Inc

990 • Fiscal year 2017 • EIN 42-1411366

Apr 01, 2016 to Mar 31, 2017 • Filed on Sep 27, 2017

600 Park LaneWaterloo, IA 50702-5200

(319) 291-8100

Siviq Scores

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

Liabilities / Assets

57th percentile

0.03x

Higher debt load relative to assets than 57% of similar nonprofits.

2017 filings • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

6.45x

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

2017 filings • $500k-$1M nonprofits • Source year 2017

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2017 filings • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

97th percentile

$203,070

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 5233.8% of source-year revenue.

2017 filings • $500k-$1M nonprofits • Source year 2017

Asset Growth

42nd percentile

0.2%

Faster asset growth than 42% of similar nonprofits.

2017 filings • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Assets

Up

$738,712

Up $1,497 (+0.2%) from 2016

Net Assets

Up

$713,695

Up $3,880 (+0.5%) from 2016

Liabilities

Down

$25,017

Down $2,383 (-8.7%) from 2016

Revenue

Up

$3,880

Up $19,202 (+125%) from 2016

Expenses

Flat

$0

Flat from 2016

Net Income

Up

$3,880

Up $19,202 (+125%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $965,404Liabilities 2011: $307,484Net Assets 2011: $657,9202011Assets 2012: $969,500Liabilities 2012: $297,713Net Assets 2012: $671,7872012Assets 2013: $765,884Liabilities 2013: $91,469Net Assets 2013: $674,4152013Assets 2014: $735,836Liabilities 2014: $29,953Net Assets 2014: $705,8832014Assets 2015: $754,501Liabilities 2015: $29,364Net Assets 2015: $725,1372015Assets 2016: $737,215Liabilities 2016: $27,400Net Assets 2016: $709,8152016Assets 2017: $738,712Liabilities 2017: $25,017Net Assets 2017: $713,6952017Assets 2018: $716,831Liabilities 2018: $33,278Net Assets 2018: $683,5532018Assets 2019: $687,224Liabilities 2019: $28,221Net Assets 2019: $659,0032019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2017

Assets$738,712
Liabilities$25,017
Net Assets$713,695

Operations Trend

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

$40K$20K$0-$20K-$40KExpenses 2011: $02011Revenue 2012: $13,867Expenses 2012: $0Net Income 2012: $13,8672012Revenue 2013: $2,628Expenses 2013: $0Net Income 2013: $2,6282013Revenue 2014: $31,468Expenses 2014: $0Net Income 2014: $31,4682014Revenue 2015: $19,254Expenses 2015: $0Net Income 2015: $19,2542015Revenue 2016: -$15,322Expenses 2016: $0Net Income 2016: -$15,3222016Revenue 2017: $3,880Expenses 2017: $0Net Income 2017: $3,8802017Revenue 2018: -$30,142Expenses 2018: $0Net Income 2018: -$30,1422018Revenue 2019: -$24,550Expenses 2019: $0Net Income 2019: -$24,5502019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020

Highlighted filing

2017

Revenue$3,880
Expenses$0
Net Income$3,880
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Sep 27, 2017
Return Version
2016v3.0
Gross Receipts
$115,429
Mission and Program Overview

Mission

Hold rental real estate for friends of faith retirement homes, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$625,659$599,195▼ $26,464
Cash and Non-Interest-Bearing Accounts$105,430$123,790▲ $18,360
Prepaid Expenses and Deferred Charges$3,438$11,613▲ $8,175
Accounts Receivable$2,688$4,114▲ $1,426
Total Assets$737,215$738,712▲ $1,497
Liabilities
Accounts Payable and Accrued Expenses$27,400$25,017▼ $2,383
Total Liabilities$27,400$25,017▼ $2,383
Net Assets / Fund Balance
Unrestricted Net Assets$709,815$713,695▲ $3,880
Total Net Assets Fund Balance$709,815$713,695▲ $3,880
Total Liabilities and Net Assets / Fund Balance$737,215$738,712▲ $1,497

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$347,006$492,521$839,527
Land$177,431-$177,431
Equipment$74,758$39,064$113,822
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Lisa GatesPresident/ceFT$203,070$203,070
Rev J Ron WeimerBoard Mbr/ch-$23,882$23,882
Mr George FarberBoard Member-$9,650$9,650

Board Members and Trustees

NameTitle
Mr Craig AndersonChairman
Lisa GatesPresident/CEO
Mr Jay NardiniVice Chairma
Mr Brad MorrisBoard Member
Mr Mark TinkBoard Member
Mr Robert L SmithBoard Member
Mr Robert Smith JrBoard Member
Mr Ronald FiaccoBoard Member
Rev Chris RyghBoard Member
Rev Jesse TinkBoard Member
Rev Tom HladBoard Member
Velda PhillpsConsultant
Mr Ronald KiewietSecretary
Mr James GradyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3,880
Change in Net Assets
$3,880
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
Backup withholding compliance
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Robert smith, sr. Robert smith, jr. Board member board member father/son mark tink rev jesse tink board member board member uncle/nephew

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

A copy of form 990 will be provided to all members of the audit committee to review and offer up any questions or concerns about the information contained in the form. The audit committee is comprised of some but not all members of the board of directors.

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

The board of director's annually disclose any possible conflicts of interest by signing a document. Conversations about possible conflicts of interest also occur throughtout the year.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public upon request and are also available on the guidestar website.

Filing and Contact Details

Filer

Filer Name
Fotv Inc
EIN
42-1411366
Phone
3192918100
Address
600 PARK LANE, WATERLOO, IA 50702-5200

Signing Officer

Name
Lisa Gates
Title
President/CEO
Phone
3192918100
Signed
2017-09-27

Organization Details

Principal Officer
Lisa Gates
Formed
1993
Legal Domicile
Ia
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Carney Alexander Marold & Co Llp
Address
PO BOX 1290, WATERLOO, IA 50704-1290
Preparer
Michael a Meinders
Phone
3192333318
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organization adopted accounting standards which require evaluation of the impact of uncertain tax positions taken or expected to be taken in a tax return. In some instances, the organization may be required to recognize a liability related to those tax positions. At march 31, 2017 and 2016, the organization had no uncertain tax positions requiring recognition in the financial statements. The organization is no longer subject to federal and state income tax examinations by tax authorities for years before march 31, 2014.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED ACCOUNTING STANDARDS WHICH REQUIRE EVALUATION OF THE IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN SOME INSTANCES, THE ORGANIZATION MAY BE REQUIRED TO RECOGNIZE A LIABILITY RELATED TO THOSE TAX POSITIONS. AT MARCH 31, 2017 AND 2016, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE MARCH 31, 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0599195
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0180872
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1169718
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt022198
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt132569
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LISA GATES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1VELDA PHILLPS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CONSULTANT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0203070
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1202287
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0VELDA PHILLPS 0 27,018 0
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 4
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROBERT SMITH, SR. ROBERT SMITH, JR. BOARD MEMBER BOARD MEMBER FATHER/SON MARK TINK REV JESSE TINK BOARD MEMBER BOARD MEMBER UNCLE/NEPHEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WILL BE PROVIDED TO ALL MEMBERS OF THE AUDIT COMMITTEE TO REVIEW AND OFFER UP ANY QUESTIONS OR CONCERNS ABOUT THE INFORMATION CONTAINED IN THE FORM. THE AUDIT COMMITTEE IS COMPRISED OF SOME BUT NOT ALL MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTOR'S ANNUALLY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST BY SIGNING A DOCUMENT. CONVERSATIONS ABOUT POSSIBLE CONFLICTS OF INTEREST ALSO OCCUR THROUGHTOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE ALSO AVAILABLE ON THE GUIDESTAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0FOFRH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0FRIENDS OF FAITH RETIREMENT HOMES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FRIENDS OF FAITH RETIREMENT HOMES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE FRIENDSHIP VILLAGE CHARITABLE T
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0510245745
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1421527755
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LIFECARE F
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT FR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt112A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0600 PARK LANE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1600 PARK LANE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WATERLOO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1WATERLOO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd050702
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd150702
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt015900
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0MONTHLY MANAGEMENT FEE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FRIENDS OF FAITH RETIREMENT HOMES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FRIENDS OF FAITH RETIREMENT HOMES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2FRIENDS OF FAITH RETIREMENT HOMES
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2M
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0737215
IRS990/TotalAssetsEOYAmt0738712
IRS990/TotalAssetsGrp/BOYAmt0737215
IRS990/TotalAssetsGrp/EOYAmt0738712
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027400
IRS990/TotalLiabilitiesEOYAmt025017
IRS990/TotalLiabilitiesGrp/BOYAmt027400
IRS990/TotalLiabilitiesGrp/EOYAmt025017
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0709815
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0713695
IRS990/TotalOtherCompensationAmt054767
IRS990/TotalRevenueGrp/ExclusionAmt03880
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03880
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0737215
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0738712
IRS990/TotReportableCompRltdOrgAmt0384122
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0709815
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0713695
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0600 PARK LANE
IRS990/USAddress/CityNm0WATERLOO
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050702
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA GATES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03192918100
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOTV INC
ReturnHeader/Filer/BusinessNameControlTxt0FOTV
ReturnHeader/Filer/EIN0421411366

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