Civic Intelligence

The Peoples Channel

990 • Fiscal year 2023 • EIN 56-1934009

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 20, 2023

250 S Elliott Rd Unit 110Chapel Hill, NC 27514-0000

(919) 960-0088

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.00x

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Net Margin

21st percentile

-15%

Higher net margin than 21% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Asset Growth

29th percentile

-13%

Faster asset growth than 29% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

-17%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$206,755

Down $30,636 (-13%) from 2022

Net Assets

Down

$206,755

Down $30,636 (-13%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$207,767

Down $42,364 (-17%) from 2022

Expenses

Down

$238,403

Down $27,455 (-10%) from 2022

Net Income

Down

-$30,636

Down $14,909 (-95%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $311,351Liabilities 2010: $0Net Assets 2010: $311,3512010Assets 2011: $244,148Liabilities 2011: $0Net Assets 2011: $244,1482011Assets 2012: $193,090Liabilities 2012: $0Net Assets 2012: $193,0902012Assets 2013: $131,411Liabilities 2013: $2,465Net Assets 2013: $128,9462013Assets 2014: $135,782Liabilities 2014: $3,043Net Assets 2014: $132,7392014Assets 2015: $144,953Liabilities 2015: $537Net Assets 2015: $144,4162015Assets 2016: $247,995Liabilities 2016: $537Net Assets 2016: $247,4582016Assets 2017: $237,339Liabilities 2017: $20Net Assets 2017: $237,3192017Assets 2018: $247,820Liabilities 2018: $0Net Assets 2018: $247,8202018Assets 2019: $254,404Liabilities 2019: $0Net Assets 2019: $254,4042019Assets 2020: $293,194Liabilities 2020: $26,900Net Assets 2020: $266,2942020Assets 2021: $253,118Liabilities 2021: $0Net Assets 2021: $253,1182021Assets 2022: $237,391Liabilities 2022: $0Net Assets 2022: $237,3912022Assets 2023: $206,755Liabilities 2023: $0Net Assets 2023: $206,7552023Assets 2024: $154,982Net Assets 2024: $154,9822024

Highlighted filing

2023

Assets$206,755
Liabilities$0
Net Assets$206,755

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $321,3422010Expenses 2011: $345,5272011Expenses 2012: $355,2712012Expenses 2013: $364,1552013Revenue 2014: $314,157Expenses 2014: $310,364Net Income 2014: $3,7932014Revenue 2015: $319,802Expenses 2015: $308,125Net Income 2015: $11,6772015Revenue 2016: $371,320Expenses 2016: $268,278Net Income 2016: $103,0422016Revenue 2017: $319,392Expenses 2017: $329,531Net Income 2017: -$10,1392017Revenue 2018: $307,126Expenses 2018: $296,625Net Income 2018: $10,5012018Revenue 2019: $135,757Expenses 2019: $157,235Net Income 2019: -$21,4782019Revenue 2020: $275,715Expenses 2020: $263,825Net Income 2020: $11,8902020Revenue 2021: $264,803Expenses 2021: $277,979Net Income 2021: -$13,1762021Revenue 2022: $250,131Expenses 2022: $265,858Net Income 2022: -$15,7272022Revenue 2023: $207,767Expenses 2023: $238,403Net Income 2023: -$30,6362023Revenue 2024: $195,044Expenses 2024: $246,817Net Income 2024: -$51,7732024

Highlighted filing

2023

Revenue$207,767
Expenses$238,403
Net Income-$30,636
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 20, 2023
Return Version
2022v5.0
Gross Receipts
$207,767
Mission and Program Overview

Mission

For a democratic society to function properly, citizens must participate in their government, be educated to think critically and be able to freely communicate their ideas. The peoples channel and durham community media's mission is to advance democratic ideals by ensuring that people have access to electronic media and by promoting effective communication through community uses of media.

For a democratic society to function properly citizens must participate in their government be educated to think critically and be able to freely communicate their ideas. The Peoples Channel' s mission is to advance democratic ideals by ensuring that people have access to electronic media and by promoting effective communication through uses of media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$134,881$113,373▼ $21,508
Savings and Temporary Cash Investments$102,510$93,382▼ $9,128
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$237,391$206,755▼ $30,636
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$237,391$206,755▼ $30,636
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$237,391$206,755▼ $30,636
Total Liabilities and Net Assets / Fund Balance$237,391$206,755▼ $30,636

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$124,451$124,451
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rebecca CeresePresident
Carson RiedelVice President
Robert CosgroveSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$204,677
Program Service Revenue
$2,780
Investment Income
$310
Other Revenue
$0
All Other Contributions
$5,683
Change in Net Assets
$-30,636
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$173,808
Other Expenses$64,595
Total Fundraising Expense$2,197
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$129,218$21,283$1,520$152,021
Occupancy$28,603$4,711$337$33,651
Payroll Taxes$10,801$1,779$127$12,707
Office Expenses$10,588$1,744$125$12,456
Insurance$3,531$3,531$0$7,062
Other Employee Benefits$5,284$870$62$6,216
Fees for Services Other$3,135$0$0$3,135
Pension Plan Contributions$2,864$0$0$2,864
Fees for Services Legal$2,703$0$0$2,703
Fees for Services Accounting$2,241$369$26$2,637
Advertising$1,162$0$0$1,162
Information Technology$639$0$0$639
Total Functional Expenses$201,919$34,287$2,197$238,403
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11A

The independent CPA prepares the form 990. The draft is provided to the Executive Director and the Secretary. Upon their approval the form is filed with the IRS. The form 990 is available for each member of the Board of Directors.

Part VI, Line 12C

Violations of the Conflicts of Interest Policy a. If the Board of Directors or Committee has reasonable cause to believe a Director or Interested Person has failed to disclose an actual or possible conflict of interest the Director or Interested Person shall be informed of the basis for such belief and afford the Director or Interested Person an opportunity to explain the alleged failure to disclose. b. If,after hearing the response by the Director or Interested Person and after making further investigation as warranted by the circumstances the Board of Directors shall determine whether there has been a failure to disclose an actual or possible conflict of interest it shall take appropriate disciplinary and corrective action.

Part VI, Line 19

Documents are available to the public upon written request at the main office.

Filing and Contact Details

Filer

Filer Name
Peoples Channel
EIN
56-1934009
In Care Of
% Carson Riedel
Phone
9199600088
Address
250 S ELLIOTT RD UNIT 110, CHAPEL HILL, NC 27514-0000

Signing Officer

Name
Carson Riedel
Title
Executive Director
Signed
2023-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carson Riedel
Formed
1995
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Kim E Anglin CPA
Address
4006 Trotter Ridge Rd, Durham, NC 27707
Preparer
Kim Anglin
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IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0237391
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0206755
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0337
IRS990/OccupancyGrp/ManagementAndGeneralAmt04711
IRS990/OccupancyGrp/ProgramServicesAmt028603
IRS990/OccupancyGrp/TotalAmt033651
IRS990/OfficeExpensesGrp/FundraisingAmt0125
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01744
IRS990/OfficeExpensesGrp/ProgramServicesAmt010588
IRS990/OfficeExpensesGrp/TotalAmt012456
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt062
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0870
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05284
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06216
IRS990/OtherExpensesGrp/Desc0Production services
IRS990/OtherExpensesGrp/Desc1Professional development
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0758
IRS990/OtherExpensesGrp/ProgramServicesAmt1392
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0758
IRS990/OtherExpensesGrp/TotalAmt1392
IRS990/OtherExpensesGrp/TotalAmt20
IRS990/OtherExpensesGrp/TotalAmt30
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01520
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021283
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0129218
IRS990/OtherSalariesAndWagesGrp/TotalAmt0152021
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0127
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01779
IRS990/PayrollTaxesGrp/ProgramServicesAmt010801
IRS990/PayrollTaxesGrp/TotalAmt012707
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02864
IRS990/PensionPlanContributionsGrp/TotalAmt02864
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Carson Riedel
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Production services
IRS990/ProgramServiceRevenueGrp/Desc1Course fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01785
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1995
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01785
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1995
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt30
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt40
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0234610
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt069
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.55$1.55$1.95$2.47$0.52
2023Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$2.08$2.38$0.31
2022Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$2.50$2.66$0.16
2021Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$2.65$2.78$0.13
2020Detailed filing. Detailed filing data is available for this year.$2.93$0.27$2.66$2.76$2.64$0.12
2019Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$1.36$1.57$0.21
2018Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$3.07$2.97$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$3.19$3.30$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.48$0.01$2.47$3.71$2.68$1.03
2015Detailed filing. Detailed filing data is available for this year.$1.45$0.01$1.44$3.20$3.08$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.36$0.03$1.33$3.14$3.10$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.02$1.29$3.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.00$1.93$3.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.00$2.44$3.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.00$3.11$3.21