Civic Intelligence

Ifra Centre for Advanced News Operations Wan Ifra Newsplexusc

990EZ • Fiscal year 2013 • EIN 57-1113418

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 05, 2014

Organization ProfileN/A
College of Mass Comm- ColiseumColumbia, SC 29208

(803) 799-0555

Siviq Scores

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

Liabilities / Assets

98th percentile

3.46x

Higher debt load relative to assets than 98% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

100th percentile

19.01x

Higher debt load relative to revenue than 100% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

5th percentile

-90%

Higher net margin than 5% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

84th percentile

$24,200

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 145.6% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

4th percentile

-71%

Faster revenue growth than 4% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$91,301

Down $14,955 (-14%) from 2012

Net Assets

Down

-$224,699

Down $14,955 (-7.1%) from 2012

Liabilities

Flat

$316,000

Flat from 2012

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin5th percentile

Revenue

Down

$16,622

Down $41,654 (-71%) from 2012

Expenses

Down

$31,577

Down $28,611 (-48%) from 2012

Net Income

Down

-$14,955

Down $13,043 (-682%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$600K$400K$200K$0-$200K-$400KAssets 2010: $198,889Net Assets 2010: $198,8892010Assets 2011: $238,168Liabilities 2011: $446,000Net Assets 2011: -$207,8322011Assets 2012: $106,256Liabilities 2012: $316,000Net Assets 2012: -$209,7442012Assets 2013: $91,301Liabilities 2013: $316,000Net Assets 2013: -$224,6992013Assets 2014: $119,729Liabilities 2014: $316,000Net Assets 2014: -$196,2712014Assets 2015: $113,470Liabilities 2015: $316,000Net Assets 2015: -$202,5302015

Highlighted filing

2013

Assets$91,301
Liabilities$316,000
Net Assets-$224,699
Open 2013 Filing

Operations Trend

Revenue Growth4th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $101,182Expenses 2010: $38,814Net Income 2010: $62,3682010Revenue 2011: $95,429Expenses 2011: $46,060Net Income 2011: $49,3692011Revenue 2012: $58,276Expenses 2012: $60,188Net Income 2012: -$1,9122012Revenue 2013: $16,622Expenses 2013: $31,577Net Income 2013: -$14,9552013Revenue 2014: $86,000Expenses 2014: $57,572Net Income 2014: $28,4282014Revenue 2015: $56,196Expenses 2015: $62,455Net Income 2015: -$6,2592015

Highlighted filing

2013

Revenue$16,622
Expenses$31,577
Net Income-$14,955
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 5, 2014
Return Version
2013v3.1
Gross Receipts
$16,622
Mission and Program Overview

Mission

Training and support for news organizations

Program Services

DescriptionGrantsExpenses
Training and support for news organizations$28,327-
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Randy CovingtonDirectorFT$24,200-$24,200
Gavin O'ReillyDirector-$0--
Martin KallDirector-$0--
Tore StangebyeDirector-$0--
Filing and Contact Details

Filer

EIN
57-1113418
Phone
8037990555

Signing Officer

Name
Randy Covington
Title
Director
Signed
2014-03-05
Discuss with paid preparer
Yes

Preparer

Preparer
Jeff Nates CPA
Phone
8037990555
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $20”

Other Expenses.1005

“Travel $929”

Other Expenses.1009

“Depreciation $614”

Other Expenses.1

“Program Expense $2161”

Other Expenses.2

“Bank Fees $253”

Other Expenses.3

“Credit Card Processing Fees $150”

Other Assets.1003

“Machinery and Equipment - Beginning $1535 Machinery and Equipment - Ending $922”

Other Assets.1009

“Notes and Loans Receivable - Beginning $48763 Notes and Loans Receivable - Ending $48763”

Total Liabilities.1

“Ifra Newsplex - Beginning $316000 Ifra Newsplex - Ending $316000”

Raw XML Appendix181 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt050298
IRS990EZ/OtherAssetsTotalDetail/EOYAmt049685
IRS990EZ/OtherExpensesTotalAmt04127
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Training and support for news organizations
IRS990EZ/ProgramServiceRevenueAmt016607
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt028327
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt024200
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0316000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0316000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt031577
IRS990EZ/TotalProgramServiceExpensesAmt028327
IRS990EZ/TotalRevenueAmt016622
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0245
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt017305
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0210967
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0118
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0245
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00310
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt031400
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt039671
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0117071
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.64260
IRS990ScheduleA/PublicSupportPY509Pct00.62980
IRS990ScheduleA/PublicSupportTotal509Amt0210967
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt057094
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0328283
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $929
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $614
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Expense $2161
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Fees $253
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Credit Card Processing Fees $150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Machinery and Equipment - Beginning $1535 Machinery and Equipment - Ending $922
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Notes and Loans Receivable - Beginning $48763 Notes and Loans Receivable - Ending $48763
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Ifra Newsplex - Beginning $316000 Ifra Newsplex - Ending $316000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Randy Covington
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine10IFRA Centre for Advanced News Operations
ReturnHeader/Filer/BusinessName/BusinessNameLine20WAN-IFRA NewsplexUSC
ReturnHeader/Filer/BusinessNameControlTxt0IFRA
ReturnHeader/Filer/EIN0571113418
ReturnHeader/Filer/PhoneNum08037990555
ReturnHeader/Filer/USAddress/AddressLine10College of Mass Comm- Coliseum
ReturnHeader/Filer/USAddress/City0Columbia
ReturnHeader/Filer/USAddress/State0SC
ReturnHeader/Filer/USAddress/ZIPCode029208
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10The Hobbs Group PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101704 Laurel Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Columbia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode029201
ReturnHeader/PreparerPersonGrp/PhoneNum08037990555
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeff Nates CPA
ReturnHeader/ReturnTs02014-03-06T13:25:33-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$91,301
Liabilities
$316,000
Net assets
-$224,699
Revenue
$16,622
Expenses
$31,577
Net income
-$14,955
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$1.13$3.16$2.03$0.56$0.62$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.20$3.16$1.96$0.86$0.58$0.28
2013Detailed filing. Detailed filing data is available for this year.$0.91$3.16$2.25$0.17$0.32$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$3.16$2.10$0.58$0.60$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$4.46$2.08$0.95$0.46$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$1.99$1.01$0.39$0.62