Civic Intelligence

Expanding Opportunities for Broadcasters Coalition

990 • Fiscal year 2013 • EIN 46-1662927

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 06, 2014

1301 Canyon Boulevard No 30680302

(202) 329-4750

Siviq Scores

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

Liabilities / Assets

96th percentile

1.00x

Higher debt load relative to assets than 96% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

59th percentile

0.15x

Higher debt load relative to revenue than 59% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Net Margin

36th percentile

0.0%

Higher net margin than 36% of similar nonprofits.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

94th percentile

$195,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 25.2% of source-year revenue.

2013 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$114,097

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$114,097

No earlier filing loaded for comparison.

Revenue

$774,839

No earlier filing loaded for comparison.

Expenses

$774,839

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $114,097Liabilities 2013: $114,097Net Assets 2013: $02013Assets 2014: $121,298Liabilities 2014: $121,298Net Assets 2014: $02014

Highlighted filing

2013

Assets$114,097
Liabilities$114,097
Net Assets$0

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2013: $774,839Expenses 2013: $774,839Net Income 2013: $02013Revenue 2014: $622,768Expenses 2014: $622,768Net Income 2014: $02014

Highlighted filing

2013

Revenue$774,839
Expenses$774,839
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 6, 2014
Return Version
2013v3.0
Gross Receipts
$774,839
Mission and Program Overview

Mission

The expanding opportunities for broadcasters coalition's (eobc) mission is to serve the common business interests of its members, which are participants in the television broadcast industry, primarily by advocating before policy makers in rulemakings and other proceedings involving the federal communications commission's (fcc) forthcoming broadcast incentive auction or that may otherwise impact auction participants.

Eobc's mission is to serve the interests for members who are in the television broadcast industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$61,215-
Cash and Non-Interest-Bearing Accounts-$52,882-
Total Assets$0$114,097▲ $114,097
Liabilities
Accounts Payable and Accrued Expenses-$114,097-
Total Liabilities$0$114,097▲ $114,097
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$114,097▲ $114,097
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Preston PaddenExecutive DirectorPT$195,000$195,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Wiley Rein LLPLegal Services-$300,986
Navigant Consulting INCEconomic Analysis-$132,430
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$769,839
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,000
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$579,839
Salaries, Compensation, and Employee Benefits$195,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal---$361,489
Current Officers, Directors, Trustees, and Key Employees---$195,000
Fees for Services Other---$164,493
Travel---$38,719
Other Expenses---$5,138
Total Functional Expenses$0$0$0$774,839
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

Eobc has two classes of members, founding members and regular members, each of which are entities from the broadcast industry. Regular members pay annual dues. Founding members are required to pay annual dues and additional dues to fund eobc expenses above and beyond the aggregate annual dues; therefore, expenditures exceeding annual dues require approval of the founding members. New businesses may join as regular or founding members upon approval of a majority of the founding members and agreement to pay the appropriate level of dues. Regular members must agree to pay dues for a minimum of 9 months to join eobc, and founding members must pay dues through the middle of 2014.

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

Founding members have the right to vote on (i) admission of new members, (ii) expenditures that will require them to pay additional dues and (iii) payment of bonuses to the executive director. The executive director develops policy positions and related activities that have consensus support of members, but no one founding member may block a particular position or activity.

Form 990, Part VI, Section A, Line 8A

Eobc has no governing body, though it did document actions of members during their meetings.

Form 990, Part VI, Section A, Line 8B

EOBC HAS NO COMMITTEES.

Form 990, Part VI, Section B, Line 11

Eobc is controlled directly by the executive director and has no governing board of directors. The federal form 990 will be reviewed by the executive director and provided to each of the founding members for their review and comments prior to filing.

Form 990, Part VI, Section B, Line 15

The founding members of eobc review and approve the compensation of the executive director. All of the founding members are independent of the executive director.

Form 990, Part VI, Section C, Line 19

Eobc makes available to the public the documents required under internal revenue code and treasury regulations upon request.

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

Eobc has no governing body other than the executive director. Decisions are generally made by the executive director, who is not elected by the founding members, and some decisions require consent of the founding members (including expenditures above the aggregate annual dues and admission of new members). The executive director seeks regular input from the founding members, who can resign and cease providing funding after mid-2014.

Filing and Contact Details

Filer

EIN
46-1662927
Phone
2023294750

Signing Officer

Name
Preston Padden
Title
Executive Director
Phone
2023294750
Signed
2014-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Preston Padden
Formed
2012
Legal Domicile
Co
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Preparer
Frank H Smith
Phone
2028225000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Economic analysis 142,430. Engineering analysis 22,063.

Raw XML Appendix294 raw XML fields

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/MissionDesc0THE EXPANDING OPPORTUNITIES FOR BROADCASTERS COALITION'S (EOBC) MISSION IS TO SERVE THE COMMON BUSINESS INTERESTS OF ITS MEMBERS, WHICH ARE PARTICIPANTS IN THE TELEVISION BROADCAST INDUSTRY, PRIMARILY BY ADVOCATING BEFORE POLICY MAKERS IN RULEMAKINGS AND OTHER PROCEEDINGS INVOLVING THE FEDERAL COMMUNICATIONS COMMISSION'S (FCC) FORTHCOMING BROADCAST INCENTIVE AUCTION OR THAT MAY OTHERWISE IMPACT AUCTION PARTICIPANTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0EOBC REGULARLY COMMUNICATES UPDATES REGARDING THE FCC SPECTRUM AUCTION TO MEMBERS VIA EMAIL MESSAGES AND CONFERENCE CALLS AND SOLICITS FEEDBACK FROM MEMBERS REGARDING THE EFFECTS OF PROPOSED REGULATIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EOBC HAS TWO CLASSES OF MEMBERS, FOUNDING MEMBERS AND REGULAR MEMBERS, EACH OF WHICH ARE ENTITIES FROM THE BROADCAST INDUSTRY. REGULAR MEMBERS PAY ANNUAL DUES. FOUNDING MEMBERS ARE REQUIRED TO PAY ANNUAL DUES AND ADDITIONAL DUES TO FUND EOBC EXPENSES ABOVE AND BEYOND THE AGGREGATE ANNUAL DUES; THEREFORE, EXPENDITURES EXCEEDING ANNUAL DUES REQUIRE APPROVAL OF THE FOUNDING MEMBERS. NEW BUSINESSES MAY JOIN AS REGULAR OR FOUNDING MEMBERS UPON APPROVAL OF A MAJORITY OF THE FOUNDING MEMBERS AND AGREEMENT TO PAY THE APPROPRIATE LEVEL OF DUES. REGULAR MEMBERS MUST AGREE TO PAY DUES FOR A MINIMUM OF 9 MONTHS TO JOIN EOBC, AND FOUNDING MEMBERS MUST PAY DUES THROUGH THE MIDDLE OF 2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FOUNDING MEMBERS HAVE THE RIGHT TO VOTE ON (I) ADMISSION OF NEW MEMBERS, (II) EXPENDITURES THAT WILL REQUIRE THEM TO PAY ADDITIONAL DUES AND (III) PAYMENT OF BONUSES TO THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR DEVELOPS POLICY POSITIONS AND RELATED ACTIVITIES THAT HAVE CONSENSUS SUPPORT OF MEMBERS, BUT NO ONE FOUNDING MEMBER MAY BLOCK A PARTICULAR POSITION OR ACTIVITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EOBC HAS NO GOVERNING BODY, THOUGH IT DID DOCUMENT ACTIONS OF MEMBERS DURING THEIR MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EOBC HAS NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EOBC IS CONTROLLED DIRECTLY BY THE EXECUTIVE DIRECTOR AND HAS NO GOVERNING BOARD OF DIRECTORS. THE FEDERAL FORM 990 WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR AND PROVIDED TO EACH OF THE FOUNDING MEMBERS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDING MEMBERS OF EOBC REVIEW AND APPROVE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. ALL OF THE FOUNDING MEMBERS ARE INDEPENDENT OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EOBC MAKES AVAILABLE TO THE PUBLIC THE DOCUMENTS REQUIRED UNDER INTERNAL REVENUE CODE AND TREASURY REGULATIONS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EOBC HAS NO GOVERNING BODY OTHER THAN THE EXECUTIVE DIRECTOR. DECISIONS ARE GENERALLY MADE BY THE EXECUTIVE DIRECTOR, WHO IS NOT ELECTED BY THE FOUNDING MEMBERS, AND SOME DECISIONS REQUIRE CONSENT OF THE FOUNDING MEMBERS (INCLUDING EXPENDITURES ABOVE THE AGGREGATE ANNUAL DUES AND ADMISSION OF NEW MEMBERS). THE EXECUTIVE DIRECTOR SEEKS REGULAR INPUT FROM THE FOUNDING MEMBERS, WHO CAN RESIGN AND CEASE PROVIDING FUNDING AFTER MID-2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ECONOMIC ANALYSIS 142,430. ENGINEERING ANALYSIS 22,063.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
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IRS990/WebsiteAddressTxt0WWW.BROADCASTCOALITION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PRESTON PADDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02023294750
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine10EXPANDING OPPORTUNITIES FOR BROADCASTERS COALITION
ReturnHeader/Filer/BusinessNameControlTxt0EXPA
ReturnHeader/Filer/EIN0461662927
ReturnHeader/Filer/PhoneNum02023294750
ReturnHeader/Filer/USAddress/AddressLine101301 CANYON BOULEVARD NO 306
ReturnHeader/Filer/USAddress/City0BOULDER
ReturnHeader/Filer/USAddress/State0CO
ReturnHeader/Filer/USAddress/ZIPCode080302
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521511275
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10RAFFA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101899 L STREET NW SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode020036
ReturnHeader/PreparerPersonGrp/PhoneNum02028225000
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK H SMITH
ReturnHeader/ReturnTs02014-11-06T11:57:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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