Civic Intelligence

National Association of Broadcasters Leadership Foundation

990 • Fiscal year 2014 • EIN 52-1866840

Apr 01, 2013 to Mar 31, 2014 • Filed on Aug 15, 2014

Organization ProfileWWW.NABEF.ORG
1771 N Street NW20036-2800

(202) 429-5432

Siviq Scores

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

Liabilities / Assets

41st percentile

0.06x

Higher debt load relative to assets than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

49th percentile

0.11x

Higher debt load relative to revenue than 49% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

56th percentile

4.7%

Higher net margin than 56% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

100th percentile

$1,912,589

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 110.9% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

61st percentile

5.5%

Faster asset growth than 61% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$3,160,135

Up $165,470 (+5.5%) from 2013

Net Assets

Up

$2,978,145

Up $216,403 (+7.8%) from 2013

Liabilities

Down

$181,990

Down $50,933 (-22%) from 2013

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin56th percentile

Revenue

$1,725,052

No earlier filing loaded for comparison.

Expenses

Up

$1,643,982

Up $106,248 (+6.9%) from 2013

Net Income

$81,070

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $3,346,329Liabilities 2010: $735,477Net Assets 2010: $2,610,8522010Assets 2011: $2,746,640Liabilities 2011: $84,997Net Assets 2011: $2,661,6432011Assets 2012: $2,873,415Liabilities 2012: $192,624Net Assets 2012: $2,680,7912012Assets 2013: $2,994,665Liabilities 2013: $232,923Net Assets 2013: $2,761,7422013Assets 2014: $3,160,135Liabilities 2014: $181,990Net Assets 2014: $2,978,1452014Assets 2015: $3,335,505Liabilities 2015: $305,005Net Assets 2015: $3,030,5002015Assets 2016: $2,927,208Liabilities 2016: $215,082Net Assets 2016: $2,712,1262016Assets 2017: $3,339,678Liabilities 2017: $333,566Net Assets 2017: $3,006,1122017Assets 2018: $3,557,081Liabilities 2018: $353,861Net Assets 2018: $3,203,2202018Assets 2019: $3,096,627Liabilities 2019: $281,207Net Assets 2019: $2,815,4202019Assets 2020: $3,119,277Liabilities 2020: $490,557Net Assets 2020: $2,628,7202020Assets 2021: $5,291,642Liabilities 2021: $786,015Net Assets 2021: $4,505,6272021Assets 2022: $4,633,273Liabilities 2022: $398,580Net Assets 2022: $4,234,6932022Assets 2023: $5,066,651Liabilities 2023: $559,758Net Assets 2023: $4,506,8932023Assets 2024: $5,489,476Liabilities 2024: $581,919Net Assets 2024: $4,907,5572024

Highlighted filing

2014

Assets$3,160,135
Liabilities$181,990
Net Assets$2,978,145
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,228,9052010Expenses 2011: $1,311,9302011Expenses 2012: $1,403,2652012Expenses 2013: $1,537,7342013Revenue 2014: $1,725,052Expenses 2014: $1,643,982Net Income 2014: $81,0702014Revenue 2015: $1,677,772Expenses 2015: $1,760,782Net Income 2015: -$83,0102015Revenue 2016: $1,537,043Expenses 2016: $1,750,567Net Income 2016: -$213,5242016Revenue 2017: $1,607,340Expenses 2017: $1,554,042Net Income 2017: $53,2982017Revenue 2018: $1,842,262Expenses 2018: $1,640,193Net Income 2018: $202,0692018Revenue 2019: $1,369,425Expenses 2019: $1,756,461Net Income 2019: -$387,0362019Revenue 2020: $1,483,099Expenses 2020: $1,449,783Net Income 2020: $33,3162020Revenue 2021: $1,572,282Expenses 2021: $972,170Net Income 2021: $600,1122021Revenue 2022: $1,903,959Expenses 2022: $1,745,004Net Income 2022: $158,9552022Revenue 2023: $1,788,196Expenses 2023: $1,982,754Net Income 2023: -$194,5582023Revenue 2024: $2,636,267Expenses 2024: $2,421,237Net Income 2024: $215,0302024

Highlighted filing

2014

Revenue$1,725,052
Expenses$1,643,982
Net Income$81,070
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Aug 15, 2014
Return Version
2013v3.0
Gross Receipts
$3,293,190
Mission and Program Overview

Mission

National association of broadcasters education foundation (the foundation) is dedicated to reinforcing the future of broadcasting through a commitment to education and advancing excellence in the diversity and community efforts of our industry.

The foundation is dedicated to reinforcing the future of broadcasting through a commitment to education and to advancing excellence in the diversity and community service efforts of our industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,219,460$2,410,877▲ $191,417
Cash and Non-Interest-Bearing Accounts$480,473$355,909▼ $124,564
Pledges and Grants Receivable$110,000$245,000▲ $135,000
Prepaid Expenses and Deferred Charges$178,735$118,125▼ $60,610
Land, Buildings, and Equipment, Net$0$26,152▲ $26,152
Accounts Receivable$5,997$4,072▼ $1,925
Total Assets$2,994,665$3,160,135▲ $165,470
Liabilities
Deferred Revenue$221,125$114,849▼ $106,276
Accounts Payable and Accrued Expenses$11,798$67,141▲ $55,343
Total Liabilities$232,923$181,990▼ $50,933
Net Assets / Fund Balance
Unrestricted Net Assets$2,415,077$2,636,531▲ $221,454
Temporarily Rstr Net Assets$346,665$341,614▼ $5,051
Total Net Assets Fund Balance$2,761,742$2,978,145▲ $216,403
Total Liabilities and Net Assets / Fund Balance$2,994,665$3,160,135▲ $165,470

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$26,152$1,538$27,690
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ireta DukeVice PresidentFT$139,812$8,066$147,878
Marcellus AlexanderPresidentPT$50,000$15,623$65,623
Jane MagoLegal Counsel-$24,648$501,815$24,648
Joy WhitlowTreasurer-$20,376$418,360$20,376

Board Members and Trustees

NameTitle
Bruce T ReeseBoard Chair
Gary R ChapmanImmediate Past Board Chair
Paul KarpowiczNab Joint Board Chair
Andrea BerryDirector
Bob OkunDirector
Charles M WarfieldDirector
David J BarrettDirector
Deborah ThomasDirector
Gordon H SmithDirector
Jeff SimpsonDirector
Julissa MarencoDirector
Phillip J LombardoDirector
Steven W NewberryDirector
Virginia MorrisDirector
W Lawrence PatrickDirector
Walter UlloaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,554,921
Program Service Revenue
$93,053
Investment Income
$57,098
Other Revenue
$19,980
All Other Contributions
$482,547
Change in Net Assets
$81,070

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,725,002
Revenue Not Reported on Financial Statements
$50
Revenue Not Reported on Form 990
$227,877
Total Revenue per Audited Statements
$1,952,879
Total Revenue per Form 990
$1,725,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$707,822
Salaries, Compensation, and Employee Benefits$492,195
Grants and Similar Amounts Paid$443,965
Total Fundraising Expense$132,073
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$134,848$50,287$67,898$253,033
Grants to Domestic Individuals$224,292--$224,292
Grants to Domestic Orgs$219,673--$219,673
Fees for Services Other$207,024$6,657-$213,681
Current Officers, Directors, Trustees, and Key Employees$98,814$36,849$49,753$185,416
Travel$149,496$19,367-$168,863
Office Expenses$28,416$19,112-$47,528
Payroll Taxes$15,702$5,856$7,906$29,464
Other Expenses$10,481$13,260-$23,741
Other Employee Benefits$8,959$3,341$4,511$16,811
Fees for Services Accounting-$10,894-$10,894
Information Technology$1,139$7,637-$8,776
Pension Plan Contributions$3,981$1,485$2,005$7,471
Advertising$6,043--$6,043
Conferences and Meetings-$4,841-$4,841
Depreciation Depletion-$1,538-$1,538
Fees for Service Investment Mgmnt Fees-$50-$50
Total Functional Expenses$1,329,811$182,098$132,073$1,643,982

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,737,411
Total Expenses per Form 990$1,643,982
Expenses per Audited Statements$1,643,932
Expenses Not Reported on Form 990$93,479
Expenses Not Reported on Financial Statements$50
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
53-0204707-501(c)(3)Media Sales Training$115,000
75-6002149-501(c)(3)Media Sales Training$43,400
59-0977035-501(c)(3)Media Sales Training$30,000
22-2635292-501(c)(3)Summer Interns$16,631
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$101,155
Fundraising Direct Expenses$93,479
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$385,804$89,275$21,317$67,958
Event 2$37,725$11,880$21,043$-9,163
Total Events$423,529$101,155$93,479$7,676
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Review performed by nabef board of directors.”

Form 990, Part VI, Section B, Line 12C

“Annually, nabef staff review and sign a conflict of interest/business ethics policy that provides guidance on: avoiding conflicts of interest, avoiding undue influence, and limitations on acceptance of gifts. A serious conflict of interest would be brought to the attention of the nabef president or the chairman of the nabef board for resolution. Any conflicts not resolved are brought to the attention of the audit committee and/or executive committee.”

Form 990, Part VI, Section B, Line 15

“Compensation for president, officers, and key employees is determined by management.”

Form 990, Part VI, Section C, Line 19

“Nabef does not make its governing documents, policies and financial statements available to the public except at its discretion on a case by case basis.”

Filing and Contact Details

Filer

EIN
52-1866840
Phone
2024295432

Signing Officer

Name
Marcellus Alexander
Title
President
Phone
2024295432
Signed
2014-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marcellus Alexander
Formed
1994
Legal Domicile
Dc
Voting Board Members
17
Independent Board Members
13
Employees
0
Volunteers
14

Preparer

Preparer
Deborah G Kosnett
Phone
2022932200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 207,024. Management and general expenses 6,657. Fundraising expenses 0. Total expenses 213,681.”

FORM 990 PART XII, LINE 2C:

“The nab audit committee also serves as the audit committee for the nab education foundation.”

Financial Statement Notes

PART X, LINE 2:

“The foundation believes that it has the appropriate support for any tax positions taken, and therefore, does not have any uncertain tax positions that are material to the financial statements. At a minimum, the march 31, 2011 through 2014 tax years are open to examination by taxing authorities.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Event expenses classified as revenue adjustment in 990 93,479.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Event expenses classified as revenue adjustment in 990 93,479.”

Raw XML AppendixShowing 400 of 876 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011798
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt067141
IRS990/AccountsReceivableGrp/BOYAmt05997
IRS990/AccountsReceivableGrp/EOYAmt04072
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION IS DEDICATED TO REINFORCING THE FUTURE OF BROADCASTING THROUGH A COMMITMENT TO EDUCATION AND TO ADVANCING EXCELLENCE IN THE DIVERSITY AND COMMUNITY SERVICE EFFORTS OF OUR INDUSTRY.
IRS990/AdvertisingGrp/ProgramServicesAmt06043
IRS990/AdvertisingGrp/TotalAmt06043
IRS990/AllOtherContributionsAmt0482547
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10ALEX GALEANO CPA
IRS990/BooksInCareOfDetail/PhoneNum02024295304
IRS990/BooksInCareOfDetail/USAddress/AddressLine101771 N ST NW
IRS990/BooksInCareOfDetail/USAddress/City0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/State0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCode020036
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0480473
IRS990/CashNonInterestBearingGrp/EOYAmt0355909
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt049753
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt036849
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt098814
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0185416
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04841
IRS990/ConferencesMeetingsGrp/TotalAmt04841
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt0322374
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01554921
IRS990/CYGrantsAndSimilarPaidAmt0443965
IRS990/CYInvestmentIncomeAmt057098
IRS990/CYOtherExpensesAmt0707822
IRS990/CYOtherRevenueAmt019980
IRS990/CYProgramServiceRevenueAmt093053
IRS990/CYRevenuesLessExpensesAmt081070
IRS990/CYSalariesCompEmpBnftPaidAmt0492195
IRS990/CYTotalExpensesAmt01643982
IRS990/CYTotalFundraisingExpenseAmt0132073
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01725052
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0221125
IRS990/DeferredRevenueGrp/EOYAmt0114849
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01538
IRS990/DepreciationDepletionGrp/TotalAmt01538
IRS990/Desc0BROADCAST LEADERSHIP TRAINING - THE GOAL OF THE PROGRAM IS TO EXPAND THE NUMBER OF BROADCAST OWNERS AND SENIOR EXECUTIVES FROM DIVERSE BACKGROUNDS. THE EXECUTIVE MBA-STYLE PROGRAM IS HELD ONE WEEKEND PER MONTH AT NAB'S HEADQUARTERS IN WASHINGTON DC. FACULTY INCLUDE MEDIA BROKERS, FINANCIAL EXPERTS, VENTURE CAPITALISTS, PROMINENT BROADCASTERS, MANAGEMENT EXPERTS, FCC COMMISSIONERS AND COLLEGE PROFESSORS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0320156
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010894
IRS990/FeesForServicesAccountingGrp/TotalAmt010894
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06657
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0207024
IRS990/FeesForServicesOtherGrp/TotalAmt0213681
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt050
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt050
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1560.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1650.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1757.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1857.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt153.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1610.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt173.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt183.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1960.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1520225
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1624534
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1731220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1833513
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt198066
IRS990/Form990PartVIISectionAGrp/PersonNm0BRUCE T REESE
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY R CHAPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID J BARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm3W LAWRENCE PATRICK
IRS990/Form990PartVIISectionAGrp/PersonNm4ANDREA BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFF SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm6PHILLIP J LOMBARDO
IRS990/Form990PartVIISectionAGrp/PersonNm7DEBORAH THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm8VIRGINIA MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm9PAUL KARPOWICZ
IRS990/Form990PartVIISectionAGrp/PersonNm10BOB OKUN
IRS990/Form990PartVIISectionAGrp/PersonNm11WALTER ULLOA
IRS990/Form990PartVIISectionAGrp/PersonNm12STEVEN W NEWBERRY
IRS990/Form990PartVIISectionAGrp/PersonNm13CHARLES M WARFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm14JULISSA MARENCO
IRS990/Form990PartVIISectionAGrp/PersonNm15GORDON H SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm16MARCELLUS ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm17JOY WHITLOW
IRS990/Form990PartVIISectionAGrp/PersonNm18JANE MAGO
IRS990/Form990PartVIISectionAGrp/PersonNm19IRETA DUKE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1665000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1720376
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1824648
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19139812
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt151892364
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16462550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17387140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18468302
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9NAB JOINT BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18LEGAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0322374
IRS990/FundraisingDirectExpensesAmt093479
IRS990/FundraisingGrossIncomeAmt0101155
IRS990/GainOrLossGrp/SecuritiesAmt03361
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt0116893
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0224292
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0224292
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0219673
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0219673
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01478020
IRS990/GrossReceiptsAmt03293190
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07637
IRS990/InformationTechnologyGrp/ProgramServicesAmt01139
IRS990/InformationTechnologyGrp/TotalAmt08776
IRS990/InvestmentIncomeGrp/ExclusionAmt053737
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt053737
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02219460
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02410877
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01538
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026152
IRS990/LandBldgEquipCostOrOtherBssAmt027690
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01474659
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS DEDICATED TO REINFORCING THE FUTURE OF BROADCASTING THROUGH A COMMITMENT TO EDUCATION AND ADVANCING EXCELLENCE IN THE DIVERSITY AND COMMUNITY EFFORTS OF OUR INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02761742
IRS990/NetAssetsOrFundBalancesEOYAmt02978145
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt03361
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03361
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt07676
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07676
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0134398
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019112
IRS990/OfficeExpensesGrp/ProgramServicesAmt028416
IRS990/OfficeExpensesGrp/TotalAmt047528
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04511
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03341
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08959
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016811
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1PRODUCTION AND DECORATI
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0924
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113260
IRS990/OtherExpensesGrp/ProgramServicesAmt0115147
IRS990/OtherExpensesGrp/ProgramServicesAmt1105796
IRS990/OtherExpensesGrp/ProgramServicesAmt210481
IRS990/OtherExpensesGrp/TotalAmt0116071
IRS990/OtherExpensesGrp/TotalAmt1105796
IRS990/OtherExpensesGrp/TotalAmt223741
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt067898
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050287
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0134848
IRS990/OtherSalariesAndWagesGrp/TotalAmt0253033
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07906
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05856
IRS990/PayrollTaxesGrp/ProgramServicesAmt015702
IRS990/PayrollTaxesGrp/TotalAmt029464
IRS990/PensionPlanContributionsGrp/FundraisingAmt02005
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01485
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03981
IRS990/PensionPlanContributionsGrp/TotalAmt07471
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0110000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0245000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0178735
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0118125
IRS990/PrincipalOfficerNm0MARCELLUS ALEXANDER
IRS990/PriorPeriodAdjustmentsAmt0935
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt093053
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt093053
IRS990/ProgSrvcAccomActy2Grp/Desc0MEDIA SALES INSTITUTE - THE PROGRAM TRAINS RECENT COLLEGE GRADUATES DURING A TEN DAY INTENSIVE TRAINING PROGRAM AT THREE UNIVERSITY CAMPUSES: HOWARD UNIVERSITY, FLORIDA A&M AND THE UNIVERSITY OF NORTH TEXAS. STUDENTS LEARN ABOUT WINNING SALES STRATEGIES, NETWORKING, PRESENTING EFFECTIVE PITCHES AND CLOSING SALES. AT THE END OF THE PROGRAM STUDENTS MAKE MOCK SALES PRESENTATIONS TO RECRUITING COMPANIES. MANY STUDENTS WHO PARTICIPATE ARE HIRED FOR MEDIA SALES POSITIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0322426
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0187483
IRS990/ProgSrvcAccomActy3Grp/Desc0CELEBRATION OF SERVICE TO AMERICA - THE CELEBRATION OF SERVICE TO AMERICA GALA, HELD EACH JUNE, RECOGNIZES LOCAL RADIO AND TELEVISION BROADCASTERS FOR OUTSTANDING PUBLIC SERVICE. IN ADDITION TO RECOGNIZING STATIONS FOR SERVING THEIR LOCAL COMMUNITIES, THE LEADERSHIP AWARD IS PRESENTED TO A PUBLIC FIGURE OUTSIDE OF THE BROADCASTING INDUSTRY IN RECOGNITION OF HIS OR HER HUMANITARIAN WORK.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0282902
IRS990/ProgSrvcAccomActy3Grp/GrantAmt012045
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ADDITIONAL PROGRAMS INCLUDE: EDUCATION, LEADERSHIP, CAREER RESOURCE AND FELLOWSHIP PROGRAMS, FOCUSING ON THE BROADCAST INDUSTRY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0404327
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0127544
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt074155
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01352103
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0425668
IRS990/PYInvestmentIncomeAmt077235
IRS990/PYOtherExpensesAmt0629763
IRS990/PYOtherRevenueAmt016093
IRS990/PYProgramServiceRevenueAmt071888
IRS990/PYRevenuesLessExpensesAmt0-20415
IRS990/PYSalariesCompEmpBnftPaidAmt0465527
IRS990/PYTotalExpensesAmt01537734
IRS990/PYTotalProfFndrsngExpnsAmt016776
IRS990/PYTotalRevenueAmt01517319
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt081070
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0750000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt018898
IRS990/RoyaltiesRevenueGrp/ExclusionAmt012304

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,160,135
Liabilities
$181,990
Net assets
$2,978,145
Revenue
$1,725,052
Expenses
$1,643,982
Net income
$81,070
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.49$0.58$4.91$2.64$2.42$0.22
2023Detailed filing. Detailed filing data is available for this year.$5.07$0.56$4.51$1.79$1.98$0.19
2022Detailed filing. Detailed filing data is available for this year.$4.63$0.40$4.23$1.90$1.75$0.16
2021Detailed filing. Detailed filing data is available for this year.$5.29$0.79$4.51$1.57$0.97$0.60
2020Summary only. Only limited summary data is available for this year.$3.12$0.49$2.63$1.48$1.45$0.03
2019Detailed filing. Detailed filing data is available for this year.$3.10$0.28$2.82$1.37$1.76$0.39
2018Detailed filing. Detailed filing data is available for this year.$3.56$0.35$3.20$1.84$1.64$0.20
2017Detailed filing. Detailed filing data is available for this year.$3.34$0.33$3.01$1.61$1.55$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.93$0.22$2.71$1.54$1.75$0.21
2015Detailed filing. Detailed filing data is available for this year.$3.34$0.31$3.03$1.68$1.76$0.08
2014Detailed filing. Detailed filing data is available for this year.$3.16$0.18$2.98$1.73$1.64$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$0.23$2.76$1.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$0.19$2.68$1.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$0.08$2.66$1.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.74$2.61$1.23