Civic Intelligence

The Peoples Channel

990 • Fiscal year 2016 • EIN 56-1934009

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

300 Ac South Elliott RdChapel Hill, NC 27514

(919) 960-0088

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

Higher debt load relative to assets than 52% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.00x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Net Margin

85th percentile

28%

Higher net margin than 85% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • NTEE A • <$500k nonprofits • Source year 2016

Asset Growth

87th percentile

71%

Faster asset growth than 87% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

2016 filings • NTEE A • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$247,995

Up $103,042 (+71%) from 2015

Net Assets

Up

$247,458

Up $103,042 (+71%) from 2015

Liabilities

Flat

$537

Flat from 2015

Revenue

Up

$371,320

Up $51,518 (+16%) from 2015

Expenses

Down

$268,278

Down $39,847 (-13%) from 2015

Net Income

Up

$103,042

Up $91,365 (+782%) from 2015

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

2016

Assets$247,995
Liabilities$537
Net Assets$247,458

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

2016

Revenue$371,320
Expenses$268,278
Net Income$103,042
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$371,320
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$63,660$179,613▲ $115,953
Savings and Temporary Cash Investments$64,744$64,863▲ $119
Land, Buildings, and Equipment, Net$16,549$1,065▼ $15,484
Total Assets$144,953$247,995▲ $103,042
Other Assets Total-$2,454-
Liabilities
Accounts Payable and Accrued Expenses$537$537→ $0
Total Liabilities$537$537→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$144,416$247,458▲ $103,042
Total Net Assets Fund Balance$144,416$247,458▲ $103,042
Total Liabilities and Net Assets / Fund Balance$144,953$247,995▲ $103,042

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,065$123,386$124,451
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rebecca CeresePresident
Robert CosgroveDirector
Carson RiedelExec Directo
Sharon V AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$330,230
Program Service Revenue
$40,971
Investment Income
$119
Other Revenue
$0
All Other Contributions
$22,795
Change in Net Assets
$103,042

Audited Revenue Reconciliation

Revenue per Audited Statements
$371,320
Total Revenue per Audited Statements
$371,320
Total Revenue per Form 990
$371,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$150,317
Other Expenses$117,961
Total Fundraising Expense$2,028
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,603$19,041$1,360$136,004
Occupancy$43,956$7,239$517$51,712
Payroll Taxes$12,166$2,004$143$14,313
Insurance$8,187$1,333-$9,520
Office Expenses$9,392--$9,392
Advertising$4,295--$4,295
Fees for Services Accounting$684$1,608$8$2,300
Depreciation Depletion$2,101--$2,101
Other Expenses$1,148--$1,148
All Other Expenses$1,014--$1,014
Information Technology$1,000--$1,000
Travel$98$12-$110
Total Functional Expenses$235,013$31,237$2,028$268,278

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$268,278
Total Expenses per Audited Statements$268,278
Total Expenses per Form 990$268,278
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
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

The independent cpa firm prepares the form 990. The draft is provided to the executive director and the treasurer. Upon their approval, the form is filed with the irs. The form 990 is available for each member of the board of directors.

Form 990, Page 6, 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 interst, 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.

Form 990, Page 6, Part VI, Line 19

The annual audit and the form 990 are available to the public upon written request at the organization's main office in chapel hill, nc.

Filing and Contact Details

Filer

Filer Name
The Peoples Channel
EIN
56-1934009
Phone
9199600088
Address
300 AC SOUTH ELLIOTT RD, CHAPEL HILL, NC 27514

Signing Officer

Name
Sharon V Anderson
Title
Treasurer
Phone
9199337297
Signed
2017-05-15

Organization Details

Principal Officer
Sharon V Anderson
Formed
1995
Voting Board Members
4
Independent Board Members
3
Employees
5

Preparer

Firm
Minor Anglin & Associates Pa
Address
3608 SHANNON RD SUITE 105, DURHAM, NC 27707
Preparer
Kim E Anglin CPA
Phone
9194932603
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOR 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE INDEPENDENT CPA FIRM PREPARES THE FORM 990. THE DRAFT IS PROVIDED TO THE EXECUTIVE DIRECTOR AND THE TREASURER. UPON THEIR APPROVAL, THE FORM IS FILED WITH THE IRS. THE FORM 990 IS AVAILABLE FOR EACH MEMBER OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VIOLATIONS 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 INTERST, 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ANNUAL AUDIT AND THE FORM 990 ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AT THE ORGANIZATION'S MAIN OFFICE IN CHAPEL HILL, NC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0144953
IRS990/TotalAssetsEOYAmt0247995
IRS990/TotalAssetsGrp/BOYAmt0144953
IRS990/TotalAssetsGrp/EOYAmt0247995
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0330230
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02028
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031237
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0235013
IRS990/TotalFunctionalExpensesGrp/TotalAmt0268278
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0537
IRS990/TotalLiabilitiesEOYAmt0537
IRS990/TotalLiabilitiesGrp/BOYAmt0537
IRS990/TotalLiabilitiesGrp/EOYAmt0537
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0144416
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0247458
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0500
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0500
IRS990/TotalProgramServiceExpensesAmt0235013
IRS990/TotalProgramServiceRevenueAmt040971
IRS990/TotalRevenueGrp/ExclusionAmt0119
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040971
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0371320
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0144953
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0247995
IRS990/TravelGrp/ManagementAndGeneralAmt012
IRS990/TravelGrp/ProgramServicesAmt098
IRS990/TravelGrp/TotalAmt0110
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0144416
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0247458
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARON V ANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09199337297
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PEOPLES CHANNEL
ReturnHeader/Filer/BusinessNameControlTxt0PEOP
ReturnHeader/Filer/EIN0561934009
ReturnHeader/Filer/PhoneNum09199600088
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 AC SOUTH ELLIOTT RD
ReturnHeader/Filer/USAddress/CityNm0CHAPEL HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027514
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204364642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MINOR ANGLIN & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03608 SHANNON RD SUITE 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DURHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027707
ReturnHeader/PreparerPersonGrp/PhoneNum09194932603
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIM E ANGLIN CPA
ReturnHeader/ReturnTs02017-05-15T15:52:38-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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