Civic Intelligence

Driftless Community Radio Inc.

990 • Fiscal year 2014 • EIN 74-3090618

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 13, 2015

311 S Main St PO Box 53Viroqua, WI 54665

(608) 638-9378

Siviq Scores

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

Liabilities / Assets

68th percentile

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

79th percentile

0.08x

Higher debt load relative to revenue than 79% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

76th percentile

$4,176

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

32nd percentile

-7.2%

Faster asset growth than 32% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

72nd percentile

21%

Faster revenue growth than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$240,973

Down $18,595 (-7.2%) from 2013

Net Assets

Down

$232,901

Down $17,133 (-6.9%) from 2013

Liabilities

Down

$8,072

Down $1,462 (-15%) from 2013

Revenue

Up

$102,432

Up $17,472 (+21%) from 2013

Expenses

Down

$120,530

Down $11,302 (-8.6%) from 2013

Net Income

Up

-$18,098

Up $28,774 (+61%) from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $328,164Liabilities 2010: $10,983Net Assets 2010: $317,1802010Assets 2011: $306,171Liabilities 2011: $6,759Net Assets 2011: $299,4122011Assets 2012: $305,153Liabilities 2012: $8,248Net Assets 2012: $296,9052012Assets 2013: $259,568Liabilities 2013: $9,534Net Assets 2013: $250,0342013Assets 2014: $240,973Liabilities 2014: $8,072Net Assets 2014: $232,9012014Assets 2015: $222,417Liabilities 2015: $8,265Net Assets 2015: $214,1522015Assets 2016: $239,469Liabilities 2016: $9,748Net Assets 2016: $229,7212016Assets 2017: $250,977Liabilities 2017: $9,058Net Assets 2017: $241,9192017Assets 2018: $264,654Liabilities 2018: $21,627Net Assets 2018: $243,0272018Assets 2019: $261,210Liabilities 2019: $8,432Net Assets 2019: $252,7782019Assets 2020: $264,541Liabilities 2020: $8,306Net Assets 2020: $256,2352020Assets 2021: $282,262Liabilities 2021: $8,009Net Assets 2021: $274,2532021Assets 2022: $277,264Liabilities 2022: $14,111Net Assets 2022: $263,1532022Assets 2023: $276,731Liabilities 2023: $10,452Net Assets 2023: $266,2792023Assets 2024: $284,951Liabilities 2024: $13,964Net Assets 2024: $270,9872024

Highlighted filing

2014

Assets$240,973
Liabilities$8,072
Net Assets$232,901

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $278,272Expenses 2010: $52,860Net Income 2010: $225,4122010Revenue 2011: $70,509Expenses 2011: $87,905Net Income 2011: -$17,3962011Expenses 2012: $100,9532012Revenue 2013: $84,960Expenses 2013: $131,832Net Income 2013: -$46,8722013Revenue 2014: $102,432Expenses 2014: $120,530Net Income 2014: -$18,0982014Revenue 2015: $98,985Expenses 2015: $117,619Net Income 2015: -$18,6342015Revenue 2016: $132,722Expenses 2016: $117,153Net Income 2016: $15,5692016Revenue 2017: $142,488Expenses 2017: $130,290Net Income 2017: $12,1982017Revenue 2018: $131,969Expenses 2018: $130,861Net Income 2018: $1,1082018Revenue 2019: $117,547Expenses 2019: $107,796Net Income 2019: $9,7512019Revenue 2020: $115,338Expenses 2020: $111,881Net Income 2020: $3,4572020Revenue 2021: $128,322Expenses 2021: $110,304Net Income 2021: $18,0182021Revenue 2022: $129,038Expenses 2022: $140,138Net Income 2022: -$11,1002022Revenue 2023: $138,858Expenses 2023: $135,732Net Income 2023: $3,1262023Revenue 2024: $164,962Expenses 2024: $160,254Net Income 2024: $4,7082024

Highlighted filing

2014

Revenue$102,432
Expenses$120,530
Net Income-$18,098
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 13, 2015
Return Version
2014v5.0
Gross Receipts
$106,927
Mission and Program Overview

Mission

Wdrt 91.9fm is a listener-supported, non-commercial, educational radio station in the driftless region of southwest wisconsin. Wdrt is committed to: - informing listeners of local and state events and community happenings - entertaining and engaging the public by offering a broad mix of programming that reflects the heritage and diversity of the community - providing a forum open to all residents to discuss public issues - teaching the art of broadcasting and the production of original programming

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$185,795$162,891▼ $22,904
Savings and Temporary Cash Investments$46,811$39,006▼ $7,805
Cash and Non-Interest-Bearing Accounts$20,897$30,277▲ $9,380
Accounts Receivable$5,569$8,319▲ $2,750
Prepaid Expenses and Deferred Charges$496$480▼ $16
Total Assets$259,568$240,973▼ $18,595
Liabilities
Deferred Revenue$7,144$5,235▼ $1,909
Accounts Payable and Accrued Expenses$2,390$2,837▲ $447
Total Liabilities$9,534$8,072▼ $1,462
Net Assets / Fund Balance
Unrestricted Net Assets$237,959$220,826▼ $17,133
Temporarily Rstr Net Assets$12,075$12,075→ $0
Total Net Assets Fund Balance$250,034$232,901▼ $17,133
Total Liabilities and Net Assets / Fund Balance$259,568$240,973▼ $18,595

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$102,302$18,277$120,579
Equipment$30,589$76,995$107,584
Land$30,000-$30,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ann AltlandVice PresidePT$4,176$4,176

Board Members and Trustees

NameTitle
Bob HillBoard Member
Kathy FairchildSecretary
John TullyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,938
Program Service Revenue
$5,516
Investment Income
$135
Other Revenue
$-2,157
All Other Contributions
$40,846
Change in Net Assets
$-18,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$62,962
Other Expenses$57,568
Total Fundraising Expense$4,990
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$52,369--$52,369
Depreciation Depletion$22,904--$22,904
Occupancy$7,354--$7,354
Office Expenses-$6,110-$6,110
Payroll Taxes$5,638$319-$5,957
Current Officers, Directors, Trustees, and Key Employees-$4,176-$4,176
Advertising$2,452--$2,452
Fees for Services Accounting-$1,933-$1,933
Other Expenses$1,505-$4,990$1,505
Fees for Services Legal-$1,351-$1,351
All Other Expenses$1,346--$1,346
Other Employee Benefits$460--$460
Total Functional Expenses$101,651$13,889$4,990$120,530
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 board of directors are e-mailed a copy of the form 990 for review prior to its filing.

Form 990, Page 6, Part VI, Line 12C

The board of directors discusses and resolves any potential conflict of interest on an on-going basis at their meetings.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are available to the public upon reuest of the board of directors. Additionally, the governing documents are published on the organizations web site.

Filing and Contact Details

Filer

Filer Name
Driftless Community Radio Inc
EIN
74-3090618
Phone
6086389378
Address
311 S MAIN ST PO BOX 53, VIROQUA, WI 54665
Doing Business As
Wdrt 919fm

Signing Officer

Name
Kathy Fairchild
Title
Secretary
Phone
6086389378
Signed
2015-08-13
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Wi
Voting Board Members
4
Independent Board Members
3
Employees
4
Volunteers
106

Preparer

Firm
FRANKE & TURNBULL CPA'S
Address
505 KING ST STE 105, LA CROSSE, WI 54601
Preparer
Scott Turnbull
Phone
6087841890
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Wdrt 91.9fm is a listener-supported, non-commercial, educational radio station in the driftless region of southwest wisconsin. Wdrt is committed to: - informing listeners of local and state events and community happenings - entertaining and engaging the public by offering a broad mix of programming that reflects the heritage and diversity of the community - providing a forum open to all residents to discuss public issues - teaching the art of broadcasting and the production of original programming

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0275
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06901
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98930
IRS990ScheduleA/PublicSupportPY509Pct00.98950
IRS990ScheduleA/PublicSupportTotal509Amt0637790
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0106792
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt085110
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt097448
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt070442
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0277998
IRS990ScheduleA/Total509Grp/TotalAmt0637790
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0106927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt086896
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt070509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0278273
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0644691
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0102302
IRS990ScheduleD/BuildingsGrp/DepreciationAmt018277
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0120579
IRS990ScheduleD/EquipmentGrp/BookValueAmt030589
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076995
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0107584
IRS990ScheduleD/LandGrp/BookValueAmt030000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0162891
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WDRT 91.9FM IS A LISTENER-SUPPORTED, NON-COMMERCIAL, EDUCATIONAL RADIO STATION IN THE DRIFTLESS REGION OF SOUTHWEST WISCONSIN. WDRT IS COMMITTED TO: - INFORMING LISTENERS OF LOCAL AND STATE EVENTS AND COMMUNITY HAPPENINGS - ENTERTAINING AND ENGAGING THE PUBLIC BY OFFERING A BROAD MIX OF PROGRAMMING THAT REFLECTS THE HERITAGE AND DIVERSITY OF THE COMMUNITY - PROVIDING A FORUM OPEN TO ALL RESIDENTS TO DISCUSS PUBLIC ISSUES - TEACHING THE ART OF BROADCASTING AND THE PRODUCTION OF ORIGINAL PROGRAMMING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE E-MAILED A COPY OF THE FORM 990 FOR REVIEW PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DISCUSSES AND RESOLVES ANY POTENTIAL CONFLICT OF INTEREST ON AN ON-GOING BASIS AT THEIR MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REUEST OF THE BOARD OF DIRECTORS. ADDITIONALLY, THE GOVERNING DOCUMENTS ARE PUBLISHED ON THE ORGANIZATIONS WEB SITE.
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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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt012075
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0259568
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt098938
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04990
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013889
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101651
IRS990/TotalFunctionalExpensesGrp/TotalAmt0120530
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09534
IRS990/TotalLiabilitiesEOYAmt08072
IRS990/TotalLiabilitiesGrp/BOYAmt09534
IRS990/TotalLiabilitiesGrp/EOYAmt08072
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0250034
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0232901
IRS990/TotalProgramServiceExpensesAmt0101651
IRS990/TotalProgramServiceRevenueAmt05516
IRS990/TotalReportableCompFromOrgAmt04176
IRS990/TotalRevenueGrp/ExclusionAmt0-3730
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07224
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0102432
IRS990/TotalVolunteersCnt0106
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0259568
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0240973
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0237959
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0220826
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.WDRT.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHY FAIRCHILD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06086389378
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DRIFTLESS COMMUNITY RADIO INC
ReturnHeader/Filer/BusinessNameControlTxt0DRIF
ReturnHeader/Filer/EIN0743090618
ReturnHeader/Filer/PhoneNum06086389378
ReturnHeader/Filer/USAddress/AddressLine1Txt0311 S MAIN ST PO BOX 53
ReturnHeader/Filer/USAddress/CityNm0VIROQUA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054665
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391559356
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANKE & TURNBULL CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0505 KING ST STE 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LA CROSSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054601
ReturnHeader/PreparerPersonGrp/PhoneNum06087841890
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT TURNBULL
ReturnHeader/ReturnTs02015-11-06T16:44:20-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.14$2.71$1.65$1.60$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.10$2.66$1.39$1.36$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.14$2.63$1.29$1.40$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.08$2.74$1.28$1.10$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.08$2.56$1.15$1.12$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.08$2.53$1.18$1.08$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.22$2.43$1.32$1.31$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$0.09$2.42$1.42$1.30$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.39$0.10$2.30$1.33$1.17$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.22$0.08$2.14$0.99$1.18$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.41$0.08$2.33$1.02$1.21$0.18
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.10$2.50$0.85$1.32$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$0.08$2.97$1.01
2011Summary only. Only limited summary data is available for this year.$3.06$0.07$2.99$0.71$0.88$0.17
2010Summary only. Only limited summary data is available for this year.$3.28$0.11$3.17$2.78$0.53$2.25