Civic Intelligence

The Peoples Channel

990 • Fiscal year 2018 • EIN 56-1934009

Jul 01, 2017 to Jun 30, 2018 • Filed on May 11, 2019

Organization ProfileN/A
250 S Elliott Rd Unit 110Chapel Hill, NC 27514

(919) 960-0088

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

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

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Liabilities / Revenue

50th percentile

0.00x

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

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Net Margin

52nd percentile

3.4%

Higher net margin than 52% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Asset Growth

54th percentile

4.4%

Faster asset growth than 54% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

41st percentile

-3.8%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$247,820

Up $10,481 (+4.4%) from 2017

Net Assets

Up

$247,820

Up $10,501 (+4.4%) from 2017

Liabilities

Down

$0

Down $20 (-100%) from 2017

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin52nd percentile

Revenue

Down

$307,126

Down $12,266 (-3.8%) from 2017

Expenses

Down

$296,625

Down $32,906 (-10.0%) from 2017

Net Income

Up

$10,501

Up $20,640 (+204%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

2018

Assets$247,820
Liabilities$0
Net Assets$247,820
Open 2018 Filing

Operations Trend

Revenue Growth41st percentile

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

2018

Revenue$307,126
Expenses$296,625
Net Income$10,501
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 11, 2019
Return Version
2017v2.3
Gross Receipts
$307,126
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$169,881$180,232▲ $10,351
Savings and Temporary Cash Investments$65,004$65,134▲ $130
Total Assets$237,339$247,820▲ $10,481
Other Assets Total$2,454$2,454→ $0
Liabilities
Accounts Payable and Accrued Expenses$20--
Total Liabilities$20$0▼ $20
Net Assets / Fund Balance
Unrestricted Net Assets$237,319$247,820▲ $10,501
Total Net Assets Fund Balance$237,319$247,820▲ $10,501
Total Liabilities and Net Assets / Fund Balance$237,339$247,820▲ $10,481

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$124,451$124,451
Compensation and Service Providers
Top Officer Pay71st percentile

Board Members and Trustees

NameTitle
Rebecca CeresePresident
Robert CosgroveSecretary
Carson RiedelVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$251,175
Program Service Revenue
$55,821
Investment Income
$130
Other Revenue
$0
All Other Contributions
$6,712
Change in Net Assets
$10,501

Audited Revenue Reconciliation

Revenue per Audited Statements
$307,126
Total Revenue per Audited Statements
$307,126
Total Revenue per Form 990
$307,126
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$182,692
Other Expenses$113,933
Total Fundraising Expense$2,414
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$131,291$21,624$1,545$154,460
Occupancy$41,657$6,862$490$49,009
Fees for Services Other$18,593--$18,593
Information Technology$16,995--$16,995
Payroll Taxes$13,663$2,251$161$16,075
Office Expenses$15,002$623$44$15,669
Other Employee Benefits$7,375$1,215$87$8,677
Insurance$4,454$733$52$5,239
Fees for Services Accounting$734$3,033-$3,767
Advertising$3,703--$3,703
Pension Plan Contributions$2,958$487$35$3,480
Other Expenses$511--$511
Travel$398$49-$447
Total Functional Expenses$257,334$36,877$2,414$296,625

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$296,625
Total Expenses per Audited Statements$296,625
Total Expenses per Form 990$296,625
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
250 S ELLIOTT RD UNIT 110, CHAPEL HILL, NC 27514

Signing Officer

Name
Carson Riedel
Title
Vice Pres
Phone
9199337297
Signed
2019-05-11

Organization Details

Principal Officer
Carson Riedel
Formed
1995
Voting Board Members
3
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
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ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-11
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ReturnHeader/FilingSecurityInformation/IPTm007:58:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204364642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MINOR ANGLIN & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03608 SHANNON RD SUITE 105
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIM E ANGLIN CPA
ReturnHeader/ReturnTs02019-05-15T07:58:30-05:00
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ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$247,820
Liabilities
$0
Net assets
$247,820
Revenue
$307,126
Expenses
$296,625
Net income
$10,501
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