Civic Intelligence

Video Veracity Inc.

990 • Fiscal year 2020 • EIN 72-1246350

Jan 01, 2020 to Dec 31, 2020 • Filed on May 14, 2021

3020 Royal StNew Orleans, LA 70117

(504) 948-0008

Siviq Scores

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

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

0.68x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

14th percentile

-30%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-51%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$239,256

Down $101,669 (-30%) from 2019

Net Assets

Flat

$0

Flat from 2019

Liabilities

Down

$239,256

Down $101,669 (-30%) from 2019

Revenue

Down

$349,390

Down $363,238 (-51%) from 2019

Expenses

Down

$349,390

Down $363,238 (-51%) from 2019

Net Income

Flat

$0

Flat from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $7,627Liabilities 2011: $7,6272011Assets 2012: $8,893Liabilities 2012: $8,8932012Assets 2013: $10,126Liabilities 2013: $10,1262013Assets 2014: $10,669Liabilities 2014: $10,669Net Assets 2014: $02014Assets 2015: $6,565Liabilities 2015: $6,5652015Assets 2016: $8,650Liabilities 2016: $0Net Assets 2016: $8,6502016Assets 2017: $149,226Liabilities 2017: $149,226Net Assets 2017: $02017Assets 2018: $70,039Liabilities 2018: $70,039Net Assets 2018: $02018Assets 2019: $340,925Liabilities 2019: $340,925Net Assets 2019: $02019Assets 2020: $239,256Liabilities 2020: $239,256Net Assets 2020: $02020Assets 2021: $273,334Liabilities 2021: $273,334Net Assets 2021: $02021Assets 2022: $307,485Liabilities 2022: $307,485Net Assets 2022: $02022Assets 2023: $143,463Liabilities 2023: $143,463Net Assets 2023: $02023Assets 2024: $526,496Liabilities 2024: $526,496Net Assets 2024: $02024

Highlighted filing

2020

Assets$239,256
Liabilities$239,256
Net Assets$0

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2011: $83,011Expenses 2011: $83,011Net Income 2011: $02011Revenue 2012: $122,204Expenses 2012: $122,204Net Income 2012: $02012Revenue 2013: $162,513Expenses 2013: $162,513Net Income 2013: $02013Revenue 2014: $227,372Expenses 2014: $227,372Net Income 2014: $02014Revenue 2015: $158,135Expenses 2015: $158,135Net Income 2015: $02015Revenue 2016: $413,662Expenses 2016: $413,662Net Income 2016: $02016Revenue 2017: $550,422Expenses 2017: $550,422Net Income 2017: $02017Revenue 2018: $241,605Expenses 2018: $241,605Net Income 2018: $02018Revenue 2019: $712,628Expenses 2019: $712,628Net Income 2019: $02019Revenue 2020: $349,390Expenses 2020: $349,390Net Income 2020: $02020Revenue 2021: $315,985Expenses 2021: $315,985Net Income 2021: $02021Revenue 2022: $551,790Expenses 2022: $551,790Net Income 2022: $02022Revenue 2023: $989,683Expenses 2023: $989,683Net Income 2023: $02023Revenue 2024: $1,200,745Expenses 2024: $1,200,745Net Income 2024: $02024

Highlighted filing

2020

Revenue$349,390
Expenses$349,390
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 14, 2021
Return Version
2020v4.0
Gross Receipts
$349,390
Mission and Program Overview

Mission

Support and encourage the creation and distribution of independent educational documentary programming not traditionally supported by commercial financing, for regional, national, and international audiences via film festivals, broadcasts, cablecasts, streaming, and other means of distribution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$340,926$239,256▼ $101,670
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$340,926$239,256▼ $101,670
Liabilities
Grants Payable$329,421$227,766▼ $101,655
Accounts Payable and Accrued Expenses$11,505$11,490▼ $15
Total Liabilities$340,926$239,256▼ $101,670
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$340,926$239,256▼ $101,670
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim WatsonPresident
Aimee ToledanoOfficer
Amy NesbittOfficer
Rebecca SnedekerOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$349,390
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$339,390
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$341,229
Other Expenses$8,161
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$268,288--$268,288
Grants to Domestic Individuals$72,941--$72,941
Fees for Services Management$4,985--$4,985
Fees for Services Accounting$2,435--$2,435
Information Technology$164--$164
Advertising$66--$66
Other Expenses$25$0$0$25
Total Functional Expenses$349,390$0$0$349,390
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Serendipity FilmsSan Francisco, CA-Produce documentary film.$61,222
Commuted Film LLCNew Orleans, LA-Produce documentary film.$59,165
Tuckergurl LLCNew Orleans, LA-Produce documentary film.$44,100
Spirit Tide LLCNew Orleans, LA-Produce documentary film.$27,565
Roleplay LLCBrooklyn, NY-Produce documentary film.$13,879
Native Resonance Productions LLCBrooklyn, NY-Produce documentary film.$12,740
The Water Literacy Film LLCNew Orleans, LA-Produce documentary film.$9,800
Claiborne Ave History Project LLCNew Orleans, LA-Produce documentary film.$9,416
Buck It LLCNew Orleans, LA-produce documentary film$5,488
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Copies of the 990 are available to the governing body.

Form 990, Part VI, Section C, Line 19

All documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Video Veracity Inc
EIN
72-1246350
Phone
5049480008
Address
3020 ROYAL ST, NEW ORLEANS, LA 70117

Signing Officer

Name
Timothy Watson
Title
President
Phone
5049480008
Signed
2021-05-14

Organization Details

Principal Officer
Timothy Watson
Formed
1993
Legal Domicile
La
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
20
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IRS990/Desc0Video Veracity made regrants to these non-profit educational documentary film & television projects (and film support & distribution groups) that will or are collectively reaching audiences numbering in the hundreds of thousands, or in some cases millions, via film festivals, broadcasts, cablecasts, online streaming & other distribution, disc-based distribution, classroom exhibition, and theatrical showings: My Ascension, a film on suicide prevention, received $3,852 and continued in production; All Skinfolk Ain't Kinfolk, a film on two very different Black women running for New Orleans mayor, received $44,100 and went into distribution; Buckjumping, a film on dance traditions in New Orleans, received $5,488 and continued in distribution; Commuted, a film on making meaning after a life sentence is commuted, received $59,164 and continued in production; the Education Equity Documentary project, a film on parent involvement in education, received $63,050 and continued in production; Hollow Tree, a film on Louisiana teenagers planning their future in a land full of water, received $9,800 and continued in production; Our Voices, a film on voting rights, received $12,740 and continued in production and distribution; Roleplay, a film on sexual assault awareness on college campuses, received $13,879 and continued in production; City of a Million Dreams, a film on New Orleans funeral traditions over the past 300 years, received $27,565 and continued in production; The Claiborne Avenue history project, a documentary on one of New Orleans' famous largely African-American business and residential corridors that was highly affected by construction of Interstate 10 in the 1960s, received $9,416 and continued in production; Free For All, a film and transmedia project on the history and importance of public libraries nationwide, received $61,222 and continued in production; Mossville, a film on a disappearing community founded by formerly enslaved people in Western Louisiana, received $25,750 and continued in distribution; The New Orleans International Human Rights Film Fest received $1,083 and continued in exhibiting/distributing documentary films; and the following documentary films and projects continued in production: Brigadiers, $1,960; Last Days of the Hummingbird Grill, $48; New Orleans Hip Hop, $337; Space to Breathe, $980; This Little Light, $53; Unprisoned, $191; Jules Cahn archives, $550. Many other projects that received financial support in previous years continued in production and distribution, and in some cases received technical, production, or other non-financial assistance.
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0To assist in production of documentary films; expenses here went directly to production and post-production expenses such as camera and sound crew, and editing staff, and to distribution costs.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0produce documentary film
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Produce documentary film.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Produce documentary film.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Produce documentary film.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Produce documentary film.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Produce documentary film.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Produce documentary film.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Produce documentary film.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8Produce documentary film.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BUCK IT LLC
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3THE WATER LITERACY FILM LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Native Resonance Productions LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5ROLEPLAY LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6SPIRIT TIDE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7CLAIBORNE AVE HISTORY PROJECT LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8SERENDIPITY FILMS
IRS990ScheduleI/RecipientTable/RecipientEIN0475684799
IRS990ScheduleI/RecipientTable/RecipientEIN1831070724
IRS990ScheduleI/RecipientTable/RecipientEIN2834496381
IRS990ScheduleI/RecipientTable/RecipientEIN3832705000
IRS990ScheduleI/RecipientTable/RecipientEIN4272138843
IRS990ScheduleI/RecipientTable/RecipientEIN5832114737
IRS990ScheduleI/RecipientTable/RecipientEIN6810935611
IRS990ScheduleI/RecipientTable/RecipientEIN7475076619
IRS990ScheduleI/RecipientTable/RecipientEIN8201115749
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03020 ROYAL ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13020 ROYAL ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2532 LOUISA ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32704 BURGUNDY ST APT A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41000 Dean Street Apt 303
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51408 DITMAS AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt67901 Belfast St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71006 KERLEREC ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt81736 STOCKTON ST STE 3
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm3NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Brooklyn
IRS990ScheduleI/RecipientTable/USAddress/CityNm5BROOKLYN
IRS990ScheduleI/RecipientTable/USAddress/CityNm6New Orleans
IRS990ScheduleI/RecipientTable/USAddress/CityNm7NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm8SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070117
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd170117
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd270117
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd370117
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd411238
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd5112266512
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd670125
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd770116
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd894133
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Expenditures incurred by grantees are verified to be sure they are appropriate and used for the specific projects approved and sponsored by Video Veracity, in accordance with its status.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt09
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Copies of the 990 are available to the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0340926
IRS990/TotalAssetsEOYAmt0239256
IRS990/TotalAssetsGrp/BOYAmt0340926
IRS990/TotalAssetsGrp/EOYAmt0239256
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0349390
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0349390
IRS990/TotalFunctionalExpensesGrp/TotalAmt0349390
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0340926
IRS990/TotalLiabilitiesEOYAmt0239256
IRS990/TotalLiabilitiesGrp/BOYAmt0340926
IRS990/TotalLiabilitiesGrp/EOYAmt0239256
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0349390
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0349390
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0340926
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0239256
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03020 ROYAL ST
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070117
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0videoveracity.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY WATSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05049480008
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIDEO VERACITY INC
ReturnHeader/Filer/BusinessNameControlTxt0VIDE
ReturnHeader/Filer/EIN0721246350
ReturnHeader/Filer/PhoneNum05049480008
ReturnHeader/Filer/USAddress/AddressLine1Txt03020 ROYAL ST
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070117

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.$0.53$0.53$0.00$1.20$1.20$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.00$0.99$0.99$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.31$0.00$0.55$0.55$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.27$0.00$0.32$0.32$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.00$0.35$0.35$0.00
2019Summary only. Only limited summary data is available for this year.$0.34$0.34$0.00$0.71$0.71$0.00
2018Summary only. Only limited summary data is available for this year.$0.07$0.07$0.00$0.24$0.24$0.00
2017Summary only. Only limited summary data is available for this year.$0.15$0.15$0.00$0.55$0.55$0.00
2016Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.41$0.41$0.00
2015Summary only. Only limited summary data is available for this year.$0.01$0.01$0.16$0.16$0.00
2014Summary only. Only limited summary data is available for this year.$0.01$0.01$0.00$0.23$0.23$0.00
2013Summary only. Only limited summary data is available for this year.$0.01$0.01$0.16$0.16$0.00
2012Summary only. Only limited summary data is available for this year.$0.01$0.01$0.12$0.12$0.00
2011Summary only. Only limited summary data is available for this year.$0.01$0.01$0.08$0.08$0.00