Civic Intelligence

Tri-Cities Broadcasting Foundation Inc.

990EZ • Fiscal year 2016 • EIN 46-5018814

Apr 01, 2015 to Mar 31, 2016 • Filed on Aug 18, 2016

1097 Jackson Street No CGrand Haven, MI 49417

(616) 402-9661

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.73x

Higher debt load relative to assets than 92% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

0.38x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

82nd percentile

$16,822

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

79th percentile

34%

Faster asset growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

260%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$60,528

Up $15,335 (+34%) from 2015

Net Assets

Up

$16,489

Up $25,152 (+290%) from 2015

Liabilities

Down

$44,039

Down $9,817 (-18%) from 2015

Revenue

Up

$114,499

Up $82,685 (+260%) from 2015

Expenses

Up

$89,347

Up $49,293 (+123%) from 2015

Net Income

Up

$25,152

Up $33,392 (+405%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2015: $45,193Liabilities 2015: $53,856Net Assets 2015: -$8,6632015Assets 2016: $60,528Liabilities 2016: $44,039Net Assets 2016: $16,4892016Assets 2017: $47,998Liabilities 2017: $23,705Net Assets 2017: $24,2932017Assets 2018: $56,630Liabilities 2018: $7,702Net Assets 2018: $48,9282018Assets 2019: $57,824Liabilities 2019: $4,625Net Assets 2019: $53,1992019Assets 2020: $50,242Liabilities 2020: $13,533Net Assets 2020: $36,7092020Assets 2021: $121,715Liabilities 2021: $56,935Net Assets 2021: $64,7802021Assets 2022: $86,396Liabilities 2022: $43,918Net Assets 2022: $42,4782022Assets 2023: $124,219Liabilities 2023: $31,921Net Assets 2023: $92,2982023Assets 2024: $132,261Liabilities 2024: $28,085Net Assets 2024: $104,1762024Assets 2025: $144,350Liabilities 2025: $23,282Net Assets 2025: $121,0682025

Highlighted filing

2016

Assets$60,528
Liabilities$44,039
Net Assets$16,489

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $31,814Expenses 2015: $40,054Net Income 2015: -$8,2402015Revenue 2016: $114,499Expenses 2016: $89,347Net Income 2016: $25,1522016Revenue 2017: $137,377Expenses 2017: $129,573Net Income 2017: $7,8042017Revenue 2018: $167,473Expenses 2018: $142,838Net Income 2018: $24,6352018Revenue 2019: $154,988Expenses 2019: $150,717Net Income 2019: $4,2712019Revenue 2020: $131,188Expenses 2020: $147,678Net Income 2020: -$16,4902020Revenue 2021: $188,736Expenses 2021: $160,665Net Income 2021: $28,0712021Revenue 2022: $204,495Expenses 2022: $226,797Net Income 2022: -$22,3022022Revenue 2023: $267,697Expenses 2023: $217,877Net Income 2023: $49,8202023Revenue 2024: $231,020Expenses 2024: $219,142Net Income 2024: $11,8782024Revenue 2025: $234,612Expenses 2025: $217,720Net Income 2025: $16,8922025

Highlighted filing

2016

Revenue$114,499
Expenses$89,347
Net Income$25,152
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Aug 18, 2016
Return Version
2015v2.1
Gross Receipts
$119,069
Mission and Program Overview

Mission

We are a non-profit education institution. Our mission in part is to provide educational direction in the broadcasting field to help foster new broadcasting careers for the residents of west michigan. In conjunction therewith, we will provide 24 hour a day free local radio for the community we serve, but also will provide educational programming with respect to broadcasting as a career. As a part thereof, we intend to provide independent community radio to citizens through community educational programming, local music artists not currently offered by commercial stations, public service announcements, local news, feature programs, interviews by aspiring broadcasters, local sports, weather and spiritual programming that are responsive to the needs of the local community.

Program Services

DescriptionGrantsExpenses
THE TRI-CITIES BROADCASTING FOUNDATION INC. PROVIDED FREE 24 HOUR A DAY LOCAL PUBLIC RADIO BROADCASTING REGARDING LOCAL INTERSTS TO THE 47,000 CITIZENS OF THE TRI-CITIES AREA.$0$89,347
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC R KAELINPresidentFT$16,822-$16,822
AMANDA D KAELINV.P./TreasurerPT$0--
FLOYD FONTESecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Tri-cities Broadcasting Foundation Inc
EIN
46-5018814
Phone
6164029661
Address
1097 JACKSON STREET NO C, GRAND HAVEN, MI 49417

Signing Officer

Name
Eric Kaelin
Title
President
Phone
6164029661
Signed
2016-08-18
Discuss with paid preparer
Yes

Preparer

Firm
Brickley Delong Pc
Address
PO BOX 999, MUSKEGON, MI 49443-0999
Preparer
Patrick L Mutchler
Phone
2317265800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: dues and subscriptions. Amount: 1,020. Description: advertising. Amount: 11,196. Description: insurance. Amount: 2,402. Description: licenses and permits. Amount: 635. Description: music licensing. Amount: 154. Description: office expense. Amount: 807. Description: repairs and maintenance. Amount: 558. Description: supplies. Amount: 3,625. Description: travel. Amount: 4,071. Description: meals. Amount: 939. Description: depreciation. Amount: 12,502. Description: amortization. Amount: 698. Description: contributions . Amount: 150. Description: website streaming . Amount: 579. Total to form 990-ez, line 16: 39,336.

Form 990-ez, Part II, Line 24 - Other Assets

Description: security deposit . Beg. Of year amount: 400. End of year amount: 400. Description: other depreciable assets. Beg. Of year amount: 37,459. End of year amount: 30,523.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 1,244. End of year amount: 0. Description: federal withholding . Beg. Of year amount: 923. End of year amount: 3,084. Description: state withholding . Beg. Of year amount: 189. End of year amount: 510. Description: long term notes payable . Beg. Of year amount: 51,500. End of year amount: 40,445.

Raw XML Appendix144 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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IRS990EZ/BooksInCareOfDetail/PhoneNum06166133222
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GRAND HAVEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049417
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIC R KAELIN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2FLOYD FONTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V.P./TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0WE ARE A NON-PROFIT EDUCATION INSTITUTION. OUR MISSION IN PART IS TO PROVIDE EDUCATIONAL DIRECTION IN THE BROADCASTING FIELD TO HELP FOSTER NEW BROADCASTING CAREERS FOR THE RESIDENTS OF WEST MICHIGAN. IN CONJUNCTION THEREWITH, WE WILL PROVIDE 24 HOUR A DAY FREE LOCAL RADIO FOR THE COMMUNITY WE SERVE, BUT ALSO WILL PROVIDE EDUCATIONAL PROGRAMMING WITH RESPECT TO BROADCASTING AS A CAREER. AS A PART THEREOF, WE INTEND TO PROVIDE INDEPENDENT COMMUNITY RADIO TO CITIZENS THROUGH COMMUNITY EDUCATIONAL PROGRAMMING, LOCAL MUSIC ARTISTS NOT CURRENTLY OFFERED BY COMMERCIAL STATIONS, PUBLIC SERVICE ANNOUNCEMENTS, LOCAL NEWS, FEATURE PROGRAMS, INTERVIEWS BY ASPIRING BROADCASTERS, LOCAL SPORTS, WEATHER AND SPIRITUAL PROGRAMMING THAT ARE RESPONSIVE TO THE NEEDS OF THE LOCAL COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt014
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE TRI-CITIES BROADCASTING FOUNDATION INC. PROVIDED FREE 24 HOUR A DAY LOCAL PUBLIC RADIO BROADCASTING REGARDING LOCAL INTERSTS TO THE 47,000 CITIZENS OF THE TRI-CITIES AREA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 1,020. DESCRIPTION: ADVERTISING. AMOUNT: 11,196. DESCRIPTION: INSURANCE. AMOUNT: 2,402. DESCRIPTION: LICENSES AND PERMITS. AMOUNT: 635. DESCRIPTION: MUSIC LICENSING. AMOUNT: 154. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 807. DESCRIPTION: REPAIRS AND MAINTENANCE. AMOUNT: 558. DESCRIPTION: SUPPLIES. AMOUNT: 3,625. DESCRIPTION: TRAVEL. AMOUNT: 4,071. DESCRIPTION: MEALS. AMOUNT: 939. DESCRIPTION: DEPRECIATION. AMOUNT: 12,502. DESCRIPTION: AMORTIZATION. AMOUNT: 698. DESCRIPTION: CONTRIBUTIONS . AMOUNT: 150. DESCRIPTION: WEBSITE STREAMING . AMOUNT: 579. TOTAL TO FORM 990-EZ, LINE 16: 39,336.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SECURITY DEPOSIT . BEG. OF YEAR AMOUNT: 400. END OF YEAR AMOUNT: 400. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 37,459. END OF YEAR AMOUNT: 30,523.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,244. END OF YEAR AMOUNT: 0. DESCRIPTION: FEDERAL WITHHOLDING . BEG. OF YEAR AMOUNT: 923. END OF YEAR AMOUNT: 3,084. DESCRIPTION: STATE WITHHOLDING . BEG. OF YEAR AMOUNT: 189. END OF YEAR AMOUNT: 510. DESCRIPTION: LONG TERM NOTES PAYABLE . BEG. OF YEAR AMOUNT: 51,500. END OF YEAR AMOUNT: 40,445.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC KAELIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06164029661
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRI-CITIES BROADCASTING FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TRI-
ReturnHeader/Filer/EIN0465018814
ReturnHeader/Filer/PhoneNum06164029661
ReturnHeader/Filer/USAddress/AddressLine1Txt01097 JACKSON STREET NO C
ReturnHeader/Filer/USAddress/CityNm0GRAND HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049417
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382088116
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRICKLEY DELONG PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 999
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MUSKEGON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0494430999
ReturnHeader/PreparerPersonGrp/PhoneNum02317265800
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICK L MUTCHLER
ReturnHeader/ReturnTs02016-08-24T09:56:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-04-01
ReturnHeader/TaxPeriodEndDt02016-03-31
ReturnHeader/TaxYr02015

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Filings