Civic Intelligence

West Virginia Public Broadcasting Foundation Inc.

990 • Fiscal year 2018 • EIN 55-0719285

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 13, 2018

600 Capitol StCharleston, WV 25301

(304) 254-7840

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

91st percentile

47%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

76th percentile

13%

Faster asset growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

30%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,482,902

Up $404,881 (+13%) from 2017

Net Assets

Up

$3,482,866

Up $416,455 (+14%) from 2017

Liabilities

Down

$36

Down $11,574 (-100%) from 2017

Revenue

Up

$1,298,492

Up $297,420 (+30%) from 2017

Expenses

Up

$682,250

Up $142,786 (+26%) from 2017

Net Income

Up

$616,242

Up $154,634 (+33%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $783,154Liabilities 2011: $29,663Net Assets 2011: $753,4912011Assets 2012: $704,358Liabilities 2012: $31,537Net Assets 2012: $672,8212012Assets 2013: $828,683Liabilities 2013: $41,723Net Assets 2013: $786,9602013Assets 2014: $830,375Liabilities 2014: $21,387Net Assets 2014: $808,9882014Assets 2015: $1,074,805Liabilities 2015: $13,490Net Assets 2015: $1,061,3152015Assets 2016: $2,645,522Liabilities 2016: $8,414Net Assets 2016: $2,637,1082016Assets 2017: $3,078,021Liabilities 2017: $11,610Net Assets 2017: $3,066,4112017Assets 2018: $3,482,902Liabilities 2018: $36Net Assets 2018: $3,482,8662018Assets 2019: $3,841,397Liabilities 2019: $757Net Assets 2019: $3,840,6402019Assets 2020: $4,727,711Liabilities 2020: $190,478Net Assets 2020: $4,537,2332020Assets 2021: $6,385,925Liabilities 2021: $230,085Net Assets 2021: $6,155,8402021Assets 2022: $5,782,824Liabilities 2022: $404,546Net Assets 2022: $5,378,2782022Assets 2023: $5,675,163Liabilities 2023: $496,765Net Assets 2023: $5,178,3982023Assets 2024: $5,290,005Liabilities 2024: $206,481Net Assets 2024: $5,083,5242024Assets 2025: $5,398,397Liabilities 2025: $179,443Net Assets 2025: $5,218,9542025

Highlighted filing

2018

Assets$3,482,902
Liabilities$36
Net Assets$3,482,866

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $407,5692011Expenses 2012: $435,7552012Revenue 2013: $465,933Expenses 2013: $414,790Net Income 2013: $51,1432013Revenue 2014: $489,112Expenses 2014: $462,589Net Income 2014: $26,5232014Revenue 2015: $750,498Expenses 2015: $526,401Net Income 2015: $224,0972015Revenue 2016: $2,302,270Expenses 2016: $541,397Net Income 2016: $1,760,8732016Revenue 2017: $1,001,072Expenses 2017: $539,464Net Income 2017: $461,6082017Revenue 2018: $1,298,492Expenses 2018: $682,250Net Income 2018: $616,2422018Revenue 2019: $1,443,549Expenses 2019: $706,699Net Income 2019: $736,8502019Revenue 2020: $1,365,291Expenses 2020: $658,013Net Income 2020: $707,2782020Revenue 2021: $1,489,912Expenses 2021: $598,790Net Income 2021: $891,1222021Revenue 2022: $1,375,867Expenses 2022: $1,366,394Net Income 2022: $9,4732022Revenue 2023: $1,335,790Expenses 2023: $1,515,366Net Income 2023: -$179,5762023Revenue 2024: $1,409,736Expenses 2024: $1,591,593Net Income 2024: -$181,8572024Revenue 2025: $1,281,883Expenses 2025: $1,206,601Net Income 2025: $75,2822025

Highlighted filing

2018

Revenue$1,298,492
Expenses$682,250
Net Income$616,242
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$1,298,492
Mission and Program Overview

Mission

The wv public broadcasting foundation serves and supports public broadcasting. The foundation advocates and works on behalf of wv public broadcasting to ensure all citizens access to quality public broadcasting services. To this end, the foundation seeks, accepts and holds - as stewards - gifts, grants and other contributions for these purposes.

Provide programming, production, and broadcasting of programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,510,375$2,710,745▲ $200,370
Savings and Temporary Cash Investments$334,998$534,499▲ $199,501
Accounts Receivable$1,400$14,150▲ $12,750
Cash and Non-Interest-Bearing Accounts$1,750$1,750→ $0
Total Assets$3,078,021$3,482,902▲ $404,881
Other Assets Total$229,498$221,758▼ $7,740
Liabilities
Accounts Payable and Accrued Expenses$11,610$36▼ $11,574
Total Liabilities$11,610$36▼ $11,574
Net Assets / Fund Balance
Unrestricted Net Assets$2,836,913$3,261,108▲ $424,195
Permanently Rstr Net Assets$229,498$221,758▼ $7,740
Total Net Assets Fund Balance$3,066,411$3,482,866▲ $416,455
Total Liabilities and Net Assets / Fund Balance$3,078,021$3,482,902▲ $404,881

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$221,758--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Edward Armbrecht JrChairman
Barbara BeanDirector
Bonnie BrownDirector
Carol RotruckDirector
Cynthia GearyDirector
Ellen GoodwinDirector
Leslie NuttingDirector
Pete SullivanDirector
Steve HoptaDirector
Susan HoganDirector
William File IiiDirector
Susan HoganDirector-fri
Peter HollowaySecretary
Ann BrothertonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$570,941
Program Service Revenue
$179,486
Investment Income
$207,686
Other Revenue
$340,379
Change in Net Assets
$616,242

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,298,492
Total Revenue per Audited Statements
$1,298,492
Total Revenue per Form 990
$1,298,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$682,250
Total Fundraising Expense$9,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$485,634$62,784$9,893$558,311
Fees for Services Other$108,295--$108,295
Office Expenses$10,112--$10,112
Occupancy$5,532--$5,532
Total Functional Expenses$609,573$62,784$9,893$682,250

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$682,250
Total Expenses per Audited Statements$682,250
Total Expenses per Form 990$682,250
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

The board of directors monitors policy and adherance to it.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
West Virginia Public Broadcasting
EIN
55-0719285
Phone
3042547840
Address
600 CAPITOL ST, CHARLESTON, WV 25301

Signing Officer

Name
Edward Armbrecht Jr
Title
Chairman
Phone
3042547840
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Armbrecht Jr
Formed
1992
Legal Domicile
Wv
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Bhm CPA Group Inc
Address
PO BOX 875, CIRCLEVILLE, OH 43113-0875
Preparer
Michael a Balestra
Phone
7404745210
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The wv public broadcasting foundation serves and supports public broadcasting. The foundation advocates and works on behalf of wv public broadcasting to ensure all citizens access to quality public broadcasting services. To this end, the foundation seeks, accepts and holds - as stewards - gifts, grants and other contributions for these purposes.

Form 990, Page 2, Part III, Line 4D

Provided programming, production, and broadcasting of programs.

Form 990, Part IX, Line 11G

Advertising 17,571 0 0 miscellaneous 32,824 0 0 program costs 18,976 0 0 travel & transportation 30,301 0 0 rental & maintenance of equip 8,623 0 0 total 108,295 0 0

Form 990, Part XI, Line 9

Transfers 0 transfers -199,787 total -199,787

Raw XML Appendix372 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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IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01598074
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0570941
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0222230
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt094156
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0221635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0489112
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01598074
IRS990ScheduleA/TotalSupportAmt01598074
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0682250
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0221758
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST PERPETUAL TRUST
IRS990ScheduleD/RevenueSubtotalAmt01298492
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0221758
IRS990ScheduleD/TotalExpensesPerForm990Amt0682250
IRS990ScheduleD/TotalRevenuePerForm990Amt01298492
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01298492
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0682250
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE WV PUBLIC BROADCASTING FOUNDATION SERVES AND SUPPORTS PUBLIC BROADCASTING. THE FOUNDATION ADVOCATES AND WORKS ON BEHALF OF WV PUBLIC BROADCASTING TO ENSURE ALL CITIZENS ACCESS TO QUALITY PUBLIC BROADCASTING SERVICES. TO THIS END, THE FOUNDATION SEEKS, ACCEPTS AND HOLDS - AS STEWARDS - GIFTS, GRANTS AND OTHER CONTRIBUTIONS FOR THESE PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDED PROGRAMMING, PRODUCTION, AND BROADCASTING OF PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS MONITORS POLICY AND ADHERANCE TO IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADVERTISING 17,571 0 0 MISCELLANEOUS 32,824 0 0 PROGRAM COSTS 18,976 0 0 TRAVEL & TRANSPORTATION 30,301 0 0 RENTAL & MAINTENANCE OF EQUIP 8,623 0 0 TOTAL 108,295 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRANSFERS 0 TRANSFERS -199,787 TOTAL -199,787
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WV
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03078021
IRS990/TotalAssetsEOYAmt03482902
IRS990/TotalAssetsGrp/BOYAmt03078021
IRS990/TotalAssetsGrp/EOYAmt03482902
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0570941
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09893
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062784
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0609573
IRS990/TotalFunctionalExpensesGrp/TotalAmt0682250
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011610
IRS990/TotalLiabilitiesEOYAmt036
IRS990/TotalLiabilitiesGrp/BOYAmt011610
IRS990/TotalLiabilitiesGrp/EOYAmt036
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03066411
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03482866
IRS990/TotalOtherProgSrvcExpenseAmt0485634
IRS990/TotalProgramServiceExpensesAmt0609573
IRS990/TotalProgramServiceRevenueAmt0179486
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0727551
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01298492
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03078021
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03482902
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02836913
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03261108
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0600 CAPITOL ST
IRS990/USAddress/CityNm0CHARLESTON
IRS990/USAddress/StateAbbreviationCd0WV
IRS990/USAddress/ZIPCd025301
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.WVPUBCAST.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD ARMBRECHT JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03042547840
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEST VIRGINIA PUBLIC BROADCASTING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0550719285
ReturnHeader/Filer/PhoneNum03042547840
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 CAPITOL ST
ReturnHeader/Filer/USAddress/CityNm0CHARLESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd025301
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F377CD620395927EA7B16C37D2CD6DFEEAEC4DDD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A9AFC460554E40C55C13A50C804DC0AF8B7D7DCB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.200.43.2
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:10:52
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311413363
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BHM CPA GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 875
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CIRCLEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0431130875
ReturnHeader/PreparerPersonGrp/PhoneNum07404745210
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A BALESTRA
ReturnHeader/ReturnTs02018-11-15T14:10:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.40$0.18$5.22$1.28$1.21$0.08
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$0.21$5.08$1.41$1.59$0.18
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.68$0.50$5.18$1.34$1.52$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.78$0.40$5.38$1.38$1.37$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.39$0.23$6.16$1.49$0.60$0.89
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.73$0.19$4.54$1.37$0.66$0.71
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.84$0.00$3.84$1.44$0.71$0.74
2018Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$1.30$0.68$0.62
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.01$3.07$1.00$0.54$0.46
2016Detailed filing. Detailed filing data is available for this year.$2.65$0.01$2.64$2.30$0.54$1.76
2015Detailed filing. Detailed filing data is available for this year.$1.07$0.01$1.06$0.75$0.53$0.22
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.81$0.49$0.46$0.03
2013Summary only. Only limited summary data is available for this year.$0.83$0.04$0.79$0.47$0.41$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.03$0.67$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.03$0.75$0.41