Civic Intelligence

South Carolina Broadcasters Association

990 • Fiscal year 2017 • EIN 57-0444048

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

2711 Middleburg Drive Suite 201Columbia, SC 29204

(803) 732-1186

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.24x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.15x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

21st percentile

-10%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

98th percentile

$123,600

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 36.1% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

62nd percentile

8.3%

Faster asset growth than 62% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

94th percentile

63%

Faster revenue growth than 94% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$219,149

Up $16,824 (+8.3%) from 2016

Net Assets

Down

$167,113

Down $29,064 (-15%) from 2016

Liabilities

Up

$52,036

Up $45,888 (+746%) from 2016

Revenue

Up

$342,323

Up $132,298 (+63%) from 2016

Expenses

Down

$378,251

Down $21,811 (-5.5%) from 2016

Net Income

Up

-$35,928

Up $154,109 (+81%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $410,207Liabilities 2010: $1,323Net Assets 2010: $408,8842010Assets 2011: $455,220Liabilities 2011: $4,074Net Assets 2011: $451,1462011Assets 2012: $515,343Liabilities 2012: $4,355Net Assets 2012: $510,9882012Assets 2013: $550,944Liabilities 2013: $1,694Net Assets 2013: $549,2502013Assets 2014: $624,549Liabilities 2014: $1,736Net Assets 2014: $622,8132014Assets 2015: $388,312Liabilities 2015: $5,467Net Assets 2015: $382,8452015Assets 2016: $202,325Liabilities 2016: $6,148Net Assets 2016: $196,1772016Assets 2017: $219,149Liabilities 2017: $52,036Net Assets 2017: $167,1132017Assets 2018: $306,648Liabilities 2018: $7,549Net Assets 2018: $299,0992018Assets 2019: $598,379Liabilities 2019: $15,140Net Assets 2019: $583,2392019Assets 2020: $724,745Liabilities 2020: $16,482Net Assets 2020: $708,2632020Assets 2021: $1,075,820Liabilities 2021: $147,975Net Assets 2021: $927,8452021Assets 2022: $1,084,054Liabilities 2022: $80,398Net Assets 2022: $1,003,6562022Assets 2023: $985,336Liabilities 2023: $37,495Net Assets 2023: $947,8412023Assets 2024: $1,034,347Liabilities 2024: $78,792Net Assets 2024: $955,5552024

Highlighted filing

2017

Assets$219,149
Liabilities$52,036
Net Assets$167,113

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $417,4682010Revenue 2011: $446,178Expenses 2011: $403,916Net Income 2011: $42,2622011Expenses 2012: $395,3732012Revenue 2013: $454,744Expenses 2013: $416,480Net Income 2013: $38,2642013Revenue 2014: $549,169Expenses 2014: $475,606Net Income 2014: $73,5632014Revenue 2015: $134,923Expenses 2015: $374,891Net Income 2015: -$239,9682015Revenue 2016: $210,025Expenses 2016: $400,062Net Income 2016: -$190,0372016Revenue 2017: $342,323Expenses 2017: $378,251Net Income 2017: -$35,9282017Revenue 2018: $568,993Expenses 2018: $430,025Net Income 2018: $138,9682018Revenue 2019: $757,308Expenses 2019: $478,951Net Income 2019: $278,3572019Revenue 2020: $532,890Expenses 2020: $407,866Net Income 2020: $125,0242020Revenue 2021: $600,939Expenses 2021: $381,357Net Income 2021: $219,5822021Revenue 2022: $664,814Expenses 2022: $480,714Net Income 2022: $184,1002022Revenue 2023: $566,316Expenses 2023: $700,945Net Income 2023: -$134,6292023Revenue 2024: $401,390Expenses 2024: $454,501Net Income 2024: -$53,1112024

Highlighted filing

2017

Revenue$342,323
Expenses$378,251
Net Income-$35,928
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.3
Gross Receipts
$342,323
Mission and Program Overview

Mission

To advance the south carolina broadcast industry's best interests through educational programs that assist broadcasters in serving the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$103,423$98,952▼ $4,471
Investments in Publicly Traded Securities$58,498$70,309▲ $11,811
Cash and Non-Interest-Bearing Accounts$40,404$49,888▲ $9,484
Total Assets$202,325$219,149▲ $16,824
Liabilities
Accounts Payable and Accrued Expenses-$45,600-
Other Liabilities$6,148$6,436▲ $288
Total Liabilities$6,148$52,036▲ $45,888
Net Assets / Fund Balance
Unrestricted Net Assets$196,177$167,113▼ $29,064
Total Net Assets Fund Balance$196,177$167,113▼ $29,064
Total Liabilities and Net Assets / Fund Balance$202,325$219,149▲ $16,824

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$16,981$16,981
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Margaret WallaceExecutive DiFT$115,000$8,600$123,600

Board Members and Trustees

NameTitle
Rick PrusatorPresident
Rigby WilsonPresident-el
Alex SnipeDirector
Chris MillerDirector
Dan CatesDirector
Gigi SouthDirector
John HumphriesDirector
Mary Margaret NelmsDirector
Sarah MilesDirector
Sherry DollarDirector
RICH O'DELLImmed Past P
Dale DunnTreasurer
Lyle SchulzeVice Preside
Ron HillVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$111,419
Program Service Revenue
$35,981
Investment Income
$5,455
Other Revenue
$189,468
All Other Contributions
$53,573
Change in Net Assets
$-35,928

Audited Revenue Reconciliation

Revenue per Audited Statements
$342,323
Revenue Not Reported on Form 990
$6,864
Total Revenue per Audited Statements
$349,187
Total Revenue per Form 990
$342,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,475
Salaries, Compensation, and Employee Benefits$175,776
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$111,240$12,360-$123,600
Conferences and Meetings$47,346--$47,346
Other Salaries and Wages$37,260$4,140-$41,400
Fees for Services Legal$21,029--$21,029
Occupancy$16,085$1,787-$17,872
All Other Expenses$15,346$1,470-$16,816
Insurance$14,714$1,635-$16,349
Fees for Services Lobbying$10,949--$10,949
Grants to Domestic Orgs$10,000--$10,000
Payroll Taxes$8,581$953-$9,534
Other Expenses$8,617$917-$8,617
Fees for Services Accounting$2,863$318-$3,181
Office Expenses$1,778$198-$1,976
Pension Plan Contributions$1,118$124-$1,242
Travel$501$56-$557
Interest$37$4-$41
Total Functional Expenses$354,289$23,962$0$378,251

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$378,251
Total Expenses per Audited Statements$378,251
Total Expenses per Form 990$378,251
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Usc Development FoundationColumbia, SC3-$10,000
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$10,949
Total Nondeductible Lobbying and Political Cost$10,949
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Taxes - Federal W/h$6,436
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
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 15A

The president of the board of directors reviews the compensation of the executive director annually. The compensation review is based on performance. Afther the review, the president submits a report to the board of directors for final review.

Form 990, Page 6, Part VI, Line 15B

Similar review process as in 15a

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
South Carolina Broadcasters
EIN
57-0444048
Phone
8037321186
Address
2711 MIDDLEBURG DRIVE SUITE 201, COLUMBIA, SC 29204

Signing Officer

Name
Margaret Wallace
Title
Executive Director
Phone
8032274622
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Wallace
Formed
1948
Legal Domicile
Sc
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
22

Preparer

Firm
Burkett Burkett & Burkett Cpas Pa
Address
PO BOX 2044, WEST COLUMBIA, SC 29171
Preparer
Matthew P Hodges CPA
Phone
8037943712
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IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3FCC ABP PROGRAM
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0917
IRS990/OtherExpensesGrp/ProgramServicesAmt028549
IRS990/OtherExpensesGrp/ProgramServicesAmt110027
IRS990/OtherExpensesGrp/ProgramServicesAmt28249
IRS990/OtherExpensesGrp/ProgramServicesAmt38617
IRS990/OtherExpensesGrp/TotalAmt028549
IRS990/OtherExpensesGrp/TotalAmt110027
IRS990/OtherExpensesGrp/TotalAmt29166
IRS990/OtherExpensesGrp/TotalAmt38617
IRS990/OtherLiabilitiesGrp/BOYAmt06148
IRS990/OtherLiabilitiesGrp/EOYAmt06436
IRS990/OtherRevenueMiscGrp/Desc0PEP REVENUE
IRS990/OtherRevenueMiscGrp/Desc1ADVERTISING
IRS990/OtherRevenueMiscGrp/Desc2OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0184956
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03925
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1587
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0184956
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13925
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2587
IRS990/OtherRevenueTotalAmt0189468
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04140
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt037260
IRS990/OtherSalariesAndWagesGrp/TotalAmt041400
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0953
IRS990/PayrollTaxesGrp/ProgramServicesAmt08581
IRS990/PayrollTaxesGrp/TotalAmt09534
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0124
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01118
IRS990/PensionPlanContributionsGrp/TotalAmt01242
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARGARET WALLACE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WINTER CONVENTION REGISTRATIO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035981
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035981
IRS990/ProgSrvcAccomActy2Grp/Desc0PROMOTION OF BROADCASTING AND VARIOUS SERVICES TO THE MEMBERS OF THE ASSOCIATION.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt088648
IRS990/PYGrantsAndSimilarPaidAmt020000
IRS990/PYInvestmentIncomeAmt03803
IRS990/PYOtherExpensesAmt0201910
IRS990/PYOtherRevenueAmt086453
IRS990/PYProgramServiceRevenueAmt031121
IRS990/PYRevenuesLessExpensesAmt0-190037
IRS990/PYSalariesCompEmpBnftPaidAmt0178152
IRS990/PYTotalExpensesAmt0400062
IRS990/PYTotalRevenueAmt0210025
IRS990/ReconcilationRevenueExpnssAmt0-35928
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0103423
IRS990/SavingsAndTempCashInvstGrp/EOYAmt098952
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt05293
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt057846
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt010949
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt010949
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/TaxableAmt05656
IRS990ScheduleD/ExpensesSubtotalAmt0378251
IRS990ScheduleD/NetUnrealizedGainsInvstAmt06864
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016981
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016981
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06436
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TAXES - FEDERAL W/H
IRS990ScheduleD/RevenueNotReportedAmt06864
IRS990ScheduleD/RevenueSubtotalAmt0342323
IRS990ScheduleD/TotalExpensesPerForm990Amt0378251
IRS990ScheduleD/TotalLiabilityAmt06436
IRS990ScheduleD/TotalRevenuePerForm990Amt0342323
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0349187
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0378251
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0USC DEVELOPMENT FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0576026593
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01700 COLLEGE STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0COLUMBIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029201
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT OF THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR ANNUALLY. THE COMPENSATION REVIEW IS BASED ON PERFORMANCE. AFTHER THE REVIEW, THE PRESIDENT SUBMITS A REPORT TO THE BOARD OF DIRECTORS FOR FINAL REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SIMILAR REVIEW PROCESS AS IN 15A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0202325
IRS990/TotalAssetsEOYAmt0219149
IRS990/TotalAssetsGrp/BOYAmt0202325
IRS990/TotalAssetsGrp/EOYAmt0219149
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0111419
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023962
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0354289
IRS990/TotalFunctionalExpensesGrp/TotalAmt0378251
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06148
IRS990/TotalLiabilitiesEOYAmt052036
IRS990/TotalLiabilitiesGrp/BOYAmt06148
IRS990/TotalLiabilitiesGrp/EOYAmt052036
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0196177
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0167113
IRS990/TotalOtherCompensationAmt08600
IRS990/TotalProgramServiceRevenueAmt035981
IRS990/TotalReportableCompFromOrgAmt0115000
IRS990/TotalRevenueGrp/ExclusionAmt0190411
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040493
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0342323
IRS990/TotalVolunteersCnt022
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0202325
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0219149
IRS990/TravelGrp/ManagementAndGeneralAmt056
IRS990/TravelGrp/ProgramServicesAmt0501
IRS990/TravelGrp/TotalAmt0557
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0196177
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0167113
IRS990/USAddress/AddressLine1Txt02711 MIDDLEBURG DRIVE SUITE 201
IRS990/USAddress/CityNm0COLUMBIA
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029204
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.SCBA.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.08$0.96$0.40$0.45$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.04$0.95$0.57$0.70$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.08$0.08$1.00$0.66$0.48$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.08$0.15$0.93$0.60$0.38$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.02$0.71$0.53$0.41$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.02$0.58$0.76$0.48$0.28
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.30$0.57$0.43$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.05$0.17$0.34$0.38$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.20$0.21$0.40$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.01$0.38$0.13$0.37$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.55$0.48$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.45$0.42$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.51$0.40
2011Summary only. Only limited summary data is available for this year.$0.46$0.00$0.45$0.45$0.40$0.04
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.00$0.41$0.42