Civic Intelligence

U Channel Foundation

990 • Fiscal year 2020 • EIN 46-4634816

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 04, 2021

1177 Laurelwood RoadSanta Clara, CA 95054

(408) 868-2615

Siviq Scores

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

Liabilities / Assets

48th percentile

0.04x

Higher debt load relative to assets than 48% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

40th percentile

0.02x

Higher debt load relative to revenue than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

33rd percentile

-2.0%

Higher net margin than 33% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

20th percentile

-4.2%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

25th percentile

-22%

Faster revenue growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$418,778

Down $18,538 (-4.2%) from 2019

Net Assets

Down

$402,602

Down $16,436 (-3.9%) from 2019

Liabilities

Down

$16,176

Down $2,102 (-12%) from 2019

Revenue

Down

$804,191

Down $225,352 (-22%) from 2019

Expenses

Up

$820,627

Up $4,297 (+0.5%) from 2019

Net Income

Down

-$16,436

Down $229,649 (-108%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $3,671Liabilities 2015: $0Net Assets 2015: $3,6712015Assets 2016: $43,341Liabilities 2016: $0Net Assets 2016: $43,3412016Assets 2017: $298,764Liabilities 2017: $6,334Net Assets 2017: $292,4302017Assets 2018: $217,849Liabilities 2018: $19,801Net Assets 2018: $198,0482018Assets 2019: $437,316Liabilities 2019: $18,278Net Assets 2019: $419,0382019Assets 2020: $418,778Liabilities 2020: $16,176Net Assets 2020: $402,6022020Assets 2021: $619,280Liabilities 2021: $28,892Net Assets 2021: $590,3882021Assets 2022: $550,643Liabilities 2022: $11,997Net Assets 2022: $538,6462022Assets 2023: $490,088Liabilities 2023: $12,369Net Assets 2023: $477,7192023Assets 2024: $481,456Liabilities 2024: $10,067Net Assets 2024: $471,3892024

Highlighted filing

2020

Assets$418,778
Liabilities$16,176
Net Assets$402,602

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $76,115Expenses 2015: $74,096Net Income 2015: $2,0192015Revenue 2016: $54,727Expenses 2016: $15,057Net Income 2016: $39,6702016Revenue 2017: $854,388Expenses 2017: $605,298Net Income 2017: $249,0902017Revenue 2018: $722,471Expenses 2018: $815,698Net Income 2018: -$93,2272018Revenue 2019: $1,029,543Expenses 2019: $816,330Net Income 2019: $213,2132019Revenue 2020: $804,191Expenses 2020: $820,627Net Income 2020: -$16,4362020Revenue 2021: $908,031Expenses 2021: $720,245Net Income 2021: $187,7862021Revenue 2022: $815,647Expenses 2022: $867,389Net Income 2022: -$51,7422022Revenue 2023: $757,836Expenses 2023: $818,763Net Income 2023: -$60,9272023Revenue 2024: $817,805Expenses 2024: $824,135Net Income 2024: -$6,3302024

Highlighted filing

2020

Revenue$804,191
Expenses$820,627
Net Income-$16,436
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.0
Gross Receipts
$804,191
Mission and Program Overview

Mission

As the only non-profit, fee-free, 24-hour chinese language digital tv station in northern california, uchannel tv aims to serve the bay area chinese community and beyond through providing high quality, family-friendly, entertaining and inspiring programming for the general public. In doing so, we hope to become a positive influence in the community, and help our viewers to become more informed citizens of the world.

Serve the Chinese community in the San Francisco Bay Area and beyond through providing TV and online programs that promote positive cultural and spiritual influences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$348,609$371,111▲ $22,502
Prepaid Expenses and Deferred Charges$44,502$22,865▼ $21,637
Investments Program Related$24,379$18,338▼ $6,041
Land, Buildings, and Equipment, Net$6,515$4,098▼ $2,417
Accounts Receivable$13,311$2,366▼ $10,945
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$437,316$418,778▼ $18,538
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$18,278$16,176▼ $2,102
Total Liabilities$18,278$16,176▼ $2,102
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$419,038$402,602▼ $16,436
Total Net Assets Fund Balance$419,038$402,602▼ $16,436
Total Liabilities and Net Assets / Fund Balance$437,316$418,778▼ $18,538

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,098$7,991$12,089
Investment Program Related Org$18,338--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shao-Hung Gerald LiuChairman
Pauline TuDirector
Pei G HwangDirector
Victor ChengDirector
Tong LiuCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$773,186
Program Service Revenue
$7,005
Investment Income
$0
Other Revenue
$24,000
All Other Contributions
$747,645
Change in Net Assets
$-16,436
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$471,289
Salaries, Compensation, and Employee Benefits$349,338
Total Fundraising Expense$86,638
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$197,653$27,979$54,120$279,752
Fees for Services Other$128,688--$128,688
Other Employee Benefits$30,858$4,376$8,525$43,759
Fees for Services Management$18,750$17,426-$36,176
Advertising$24,542-$4,478$29,020
Office Expenses$3,071$6,754$11,976$21,801
Payroll Taxes$12,792$1,811$3,503$18,106
Other Expenses$9,905$5,190-$15,095
Pension Plan Contributions$6,221-$1,500$7,721
Occupancy$3,479$496$994$4,969
All Other Expenses$445$2,037$1,058$3,540
Insurance-$3,143-$3,143
Depreciation Depletion$1,692$242$484$2,418
Fees for Services Accounting-$1,450-$1,450
Total Functional Expenses$663,085$70,904$86,638$820,627
International Activity

International Summary

Spending
$91,099

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
East AsiaProgram ServicesBroadcasting00$91,099
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by management and approved by the board before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The policy is signed on an annual basis and is included as a remainder at the board meetings.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
U Channel Foundation
EIN
46-4634816
Phone
4088682615
Address
1177 Laurelwood Road, Santa Clara, CA 95054

Signing Officer

Name
Shao-Hung Gerald Liu
Title
Chairman
Signed
2021-11-04
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
8

Preparer

Firm
James Wai CPA
Address
950 John Daly Blvd Ste 200, Daly City, CA 94015
Preparer
Chin P Wai
Phone
4158124249
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IRS990/RentalIncomeOrLossGrp/RealAmt024000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07005
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0773187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0958161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0694371
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0739988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt054727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03220434
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97510
IRS990ScheduleA/PublicSupportPY170Pct00.95830
IRS990ScheduleA/PublicSupportTotal170Amt03140252
IRS990ScheduleA/SubstantialContributorsTotAmt080182
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0773187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0958161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0694371
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0739988
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt054727
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03220434
IRS990ScheduleA/TotalSupportAmt03220434
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt018338
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0DP Equity - Program Related
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04098
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07991
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012089
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04098
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt091099
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Broadcasting
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt091099
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Purchase airtime and broadcast rights to promote positive cultural and spiritual influences
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3f - Investments and Expenditures
IRS990ScheduleF/TotalSpentAmt091099
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by management and approved by the board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The policy is signed on an annual basis and is included as a remainder at the board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing documents, conflict of interest policy and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0437316
IRS990/TotalAssetsEOYAmt0418778
IRS990/TotalAssetsGrp/BOYAmt0437316
IRS990/TotalAssetsGrp/EOYAmt0418778
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0773186
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt086638
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt070904
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0663085
IRS990/TotalFunctionalExpensesGrp/TotalAmt0820627
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018278
IRS990/TotalLiabilitiesEOYAmt016176
IRS990/TotalLiabilitiesGrp/BOYAmt018278
IRS990/TotalLiabilitiesGrp/EOYAmt016176
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0419038
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0402602
IRS990/TotalProgramServiceExpensesAmt0663085
IRS990/TotalProgramServiceRevenueAmt07005
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt031005
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0804191
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0437316
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0418778
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01177 Laurelwood Road
IRS990/USAddress/CityNm0Santa Clara
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095054
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.Uchanneltv.us
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

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