Civic Intelligence

Rgv Educational Broadcasting Inc

990 • Fiscal year 2012 • EIN 74-2324498

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 12, 2013

PO Box 214778551
Siviq Scores

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

Liabilities / Assets

77th percentile

0.51x

Higher debt load relative to assets than 77% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

28th percentile

-3.4%

Faster asset growth than 28% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$3,153,832

Down $112,599 (-3.4%) from 2011

Net Assets

Down

$1,532,011

Down $357,571 (-19%) from 2011

Liabilities

Up

$1,621,821

Up $244,972 (+18%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,929,781

Up $29,819 (+1.6%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $3,304,696Liabilities 2010: $1,438,678Net Assets 2010: $1,866,0182010Assets 2011: $3,266,431Liabilities 2011: $1,376,849Net Assets 2011: $1,889,5822011Assets 2012: $3,153,832Liabilities 2012: $1,621,821Net Assets 2012: $1,532,0112012Assets 2013: $2,853,763Liabilities 2013: $1,830,113Net Assets 2013: $1,023,6502013Assets 2014: $2,577,230Liabilities 2014: $2,666,286Net Assets 2014: -$89,0562014Assets 2015: $6,045,778Liabilities 2015: $11,511Net Assets 2015: $6,034,2672015Assets 2016: $5,727,763Liabilities 2016: $8,731Net Assets 2016: $5,719,0322016Assets 2017: $892,259Liabilities 2017: $6,531Net Assets 2017: $885,7282017Assets 2018: $649,314Liabilities 2018: $8,013Net Assets 2018: $641,3012018Assets 2019: $1,353,375Liabilities 2019: $61,161Net Assets 2019: $1,292,2142019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2012

Assets$3,153,832
Liabilities$1,621,821
Net Assets$1,532,011

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,805,5442010Revenue 2011: $1,387,975Expenses 2011: $1,899,962Net Income 2011: -$511,9872011Expenses 2012: $1,929,7812012Revenue 2013: $1,914,027Expenses 2013: $2,422,388Net Income 2013: -$508,3612013Revenue 2014: $726,684Expenses 2014: $1,839,390Net Income 2014: -$1,112,7062014Revenue 2015: $6,907,260Expenses 2015: $783,937Net Income 2015: $6,123,3232015Revenue 2016: $134,379Expenses 2016: $449,614Net Income 2016: -$315,2352016Revenue 2017: $105,451Expenses 2017: $438,755Net Income 2017: -$333,3042017Revenue 2018: $108,423Expenses 2018: $352,850Net Income 2018: -$244,4272018Revenue 2019: $977,075Expenses 2019: $326,162Net Income 2019: $650,9132019Revenue 2020: $489,198Expenses 2020: $1,781,412Net Income 2020: -$1,292,2142020

Highlighted filing

2012

Revenue-
Expenses$1,929,781
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 12, 2013
Return Version
2011v1.5
Gross Receipts
$1,530,848
Mission and Program Overview

Mission

Rgv educational broadcasting, inc. Is committed to further all levels of education, to promote the arts, spiritual values and cultural development by means of electronic media, specifically for the communities of the rio grande valley in texas.

Major Activities

Activity 2
The provision of classical, jazz, and news radio programs for the enjoyment, education, and information of the general public.
Filing and Contact Details

Filer

EIN
74-2324498
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IRS990ScheduleO/GeneralExplanation/Explanation0Governing documents and financial statements are available to the public on the organizations website and public inspection file.
IRS990ScheduleO/GeneralExplanation/Explanation1Annual performance reviews are conducted by the executive director of all staff personnel with assistance of the appropriate committee, if applicable.
IRS990ScheduleO/GeneralExplanation/Explanation2The board committee and executive officers are required to sign conflict of interest statements which requires disclosure and notification of any potential conflicts. This is reviewed annually.
IRS990ScheduleO/GeneralExplanation/Explanation3The Form 990 is presented to and reviewed with the finance director, who then delivers a recap to the board of directors or its designated representative.
IRS990ScheduleO/GeneralExplanation/Explanation4The Bishop, as the sole member, is required to approve any amendment or restatement of the Articles of Incorporation or any amendment to the by-laws of the corporation. All other corporate powers are under the authority of the Board of Directors.
IRS990ScheduleO/GeneralExplanation/Explanation5The Bishop, as the sole member, selects a minimum of three, but not more than five board members. These board members are responsible for the direction and management of the affairs of the corporation and the control and disposition of its assets.
IRS990ScheduleO/GeneralExplanation/Explanation6The Bishop of the Roman Catholic Diocese of Brownsville is the only member of RGV Educational Broadcasting Inc. There are no shareholders.
IRS990ScheduleO/GeneralExplanation/Explanation7Accounting and financial reporting is handled by NETA as an outside management company.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part VI, Line 19
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IRS990ScheduleO/GeneralExplanation/Identifier5Form 990, Part VI, Line 7a
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990, Part VI, Line 6
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990, Part VI, Line 3
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Line 11: Form 990 Review Process
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders

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