Civic Intelligence

Washington Press Club Foundation

EIN 52-1046926 • 501(c)3 • Washington, DC

Profile

Educate the public regarding journalism

529 14th Street NWWashington, DC 20045

www.wpcf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

80th percentile

30%

Higher net margin than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

65th percentile

9.4%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

81st percentile

44%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$1,044,816

Up $89,965 (+9.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

Up

$1,044,816

Up $89,965 (+9.4%) from 2015

Operations
Liabilities / Revenue20th percentileNet Margin80th percentile

Revenue

Up

$303,709

Up $92,072 (+44%) from 2015

Expenses

Down

$213,744

Down $6,076 (-2.8%) from 2015

Net Income

Up

$89,965

Up $98,148 (+1199%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $767,608Liabilities 2011: $0Net Assets 2011: $767,6082011Assets 2012: $717,937Liabilities 2012: $0Net Assets 2012: $717,9372012Assets 2013: $721,168Liabilities 2013: $0Net Assets 2013: $721,1682013Assets 2015: $954,851Liabilities 2015: $0Net Assets 2015: $954,8512015Assets 2016: $1,044,816Liabilities 2016: $0Net Assets 2016: $1,044,8162016

Highlighted filing

2016

Assets$1,044,816
Liabilities$0
Net Assets$1,044,816
Open 2016 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $216,001Expenses 2011: $218,304Net Income 2011: -$2,3032011Expenses 2012: $241,4262012Revenue 2013: $248,156Expenses 2013: $244,925Net Income 2013: $3,2312013Revenue 2015: $211,637Expenses 2015: $219,820Net Income 2015: -$8,1832015Revenue 2016: $303,709Expenses 2016: $213,744Net Income 2016: $89,9652016

Highlighted filing

2016

Revenue$303,709
Expenses$213,744
Net Income$89,965
Open 2016 Filing

Filings

Most recent year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,044,816
Liabilities
$0
Net assets
$1,044,816
Revenue
$303,709
Expenses
$213,744
Net income
$89,965
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.30$0.21$0.09
2015Summary only. Only limited summary data is available for this year.$0.95$0.00$0.95$0.21$0.22$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.25$0.24$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.24
2011Summary only. Only limited summary data is available for this year.$0.77$0.00$0.77$0.22$0.22$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Aug 15, 2017
Return Version
2015v3.0
Gross Receipts
$303,709
Mission and Program Overview

Mission

Educate the public regarding journalism

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$987,741-
Cash and Non-Interest-Bearing Accounts$949,951$52,175▼ $897,776
Land, Buildings, and Equipment, Net$4,900$4,900→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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 Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$954,851$1,044,816▲ $89,965
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$954,851$1,044,816▲ $89,965
Total Net Assets Fund Balance$954,851$1,044,816▲ $89,965
Total Liabilities and Net Assets / Fund Balance$954,851$1,044,816▲ $89,965

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,900-$4,900
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Beth FrerkingDirector
Christina BellantoniDirector
Deborah BerryDirector
Deirdre WalshDirector
Jay Newton-smallDirector
Jennifer BenderyDirector
Jill JacksonDirector
John StantonDirector
Ken StricklandDirector
Laurie KellmanDirector
Lesley ClarkDirector
Lou JacobsonDirector
Marilyn ThompsonDirector
Sheila CaseyDirector
Susan DavisDirector
Susan FerrechioDirector
Todd ZwillichDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$291,595
Investment Income
$12,114
Other Revenue
$0
Change in Net Assets
$89,965

Audited Revenue Reconciliation

Revenue per Audited Statements
$303,709
Total Revenue per Audited Statements
$303,709
Total Revenue per Form 990
$303,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$213,744
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$5,937$906-$6,843
Other Expenses$2,008$916-$2,924
Insurance$511$170-$681
Total Functional Expenses$179,752$33,992$0$213,744

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$213,744
Total Expenses per Audited Statements$213,744
Total Expenses per Form 990$213,744
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
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
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, Line 11B: Form 990 Review Process

“All members of the board review a draft copy of the form 990. After any questions and/or comments are addressed, the form 990 is finalized.”

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

“On an annual basis, all board members are required to sign a conflict of interest statement.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Washington Press Club Foundation Inc
EIN
52-1046926
Phone
2023930613
Address
529 14TH STREET NW, WASHINGTON, DC 20045

Signing Officer

Name
Sheila Casey
Title
Director
Signed
2017-08-15
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Voting Board Members
23
Independent Board Members
23
Employees
0

Preparer

Firm
John Wall CPA
Address
7915 Lake Manassas Drive Ste 303, Gainesville, VA 20155
Preparer
John J Wall
Phone
5712482860
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