Civic Intelligence

Ksbj Special Events

990 • Fiscal year 2016 • EIN 76-0371181

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 13, 2017

1722 Treble DriveHumble, TX 77338

(281) 446-5725

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.06x

Higher debt load relative to assets than 43% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.03x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

61st percentile

6.3%

Higher net margin than 61% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

42nd percentile

$42,910

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

60th percentile

4.2%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,087,325

Up $43,843 (+4.2%) from 2015

Net Assets

Up

$1,018,546

Up $167,166 (+20%) from 2015

Liabilities

Down

$68,779

Down $123,323 (-64%) from 2015

Revenue

Up

$2,670,811

Up $263,912 (+11%) from 2015

Expenses

Up

$2,503,645

Up $188,596 (+8.1%) from 2015

Net Income

Up

$167,166

Up $75,316 (+82%) from 2015

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: $532,966Liabilities 2010: $39,399Net Assets 2010: $493,5672010Assets 2011: $730,762Liabilities 2011: $14,929Net Assets 2011: $715,8332011Assets 2012: $806,378Liabilities 2012: $40,093Net Assets 2012: $766,2852012Assets 2013: $691,632Liabilities 2013: $19,761Net Assets 2013: $671,8712013Assets 2014: $897,637Liabilities 2014: $138,107Net Assets 2014: $759,5302014Assets 2015: $1,043,482Liabilities 2015: $192,102Net Assets 2015: $851,3802015Assets 2016: $1,087,325Liabilities 2016: $68,779Net Assets 2016: $1,018,5462016Assets 2017: $782,878Liabilities 2017: $17,281Net Assets 2017: $765,5972017Assets 2018: $811,203Liabilities 2018: $38,410Net Assets 2018: $772,7932018Assets 2019: $1,007,255Liabilities 2019: $278,119Net Assets 2019: $729,1362019Assets 2020: $905,697Liabilities 2020: $205,178Net Assets 2020: $700,5192020

Highlighted filing

2016

Assets$1,087,325
Liabilities$68,779
Net Assets$1,018,546

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,358,7112010Expenses 2011: $1,902,6902011Expenses 2012: $1,562,0842012Revenue 2013: $2,168,461Expenses 2013: $2,262,875Net Income 2013: -$94,4142013Revenue 2014: $1,787,010Expenses 2014: $1,699,351Net Income 2014: $87,6592014Revenue 2015: $2,406,899Expenses 2015: $2,315,049Net Income 2015: $91,8502015Revenue 2016: $2,670,811Expenses 2016: $2,503,645Net Income 2016: $167,1662016Revenue 2017: $1,934,006Expenses 2017: $2,186,955Net Income 2017: -$252,9492017Revenue 2018: $2,347,751Expenses 2018: $2,340,555Net Income 2018: $7,1962018Revenue 2019: $2,198,427Expenses 2019: $2,242,084Net Income 2019: -$43,6572019Revenue 2020: $1,466,980Expenses 2020: $1,495,597Net Income 2020: -$28,6172020

Highlighted filing

2016

Revenue$2,670,811
Expenses$2,503,645
Net Income$167,166
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 13, 2017
Return Version
2015v3.0
Gross Receipts
$2,670,811
Mission and Program Overview

Mission

Ksbj special events' purpose is to be the voice of hope, connecting people to god through live events based on the gospel of jesus christ.

"the voice of hope, connecting people to god" through live events based on the gospel of jesus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$714,791$835,231▲ $120,440
Cash and Non-Interest-Bearing Accounts$265,500$231,926▼ $33,574
Prepaid Expenses and Deferred Charges$57,922$15,616▼ $42,306
Land, Buildings, and Equipment, Net$5,269$4,215▼ $1,054
Accounts Receivable-$337-
Total Assets$1,043,482$1,087,325▲ $43,843
Liabilities
Accounts Payable and Accrued Expenses$60,847$43,465▼ $17,382
Deferred Revenue$131,255$25,000▼ $106,255
Other Liabilities-$314-
Total Liabilities$192,102$68,779▼ $123,323
Net Assets / Fund Balance
Unrestricted Net Assets$851,380$1,018,546▲ $167,166
Total Net Assets Fund Balance$851,380$1,018,546▲ $167,166
Total Liabilities and Net Assets / Fund Balance$1,043,482$1,087,325▲ $43,843

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,215$6,258$10,473
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tammy JohnsonVice PresidePT$18,480$24,430$42,910

Board Members and Trustees

NameTitle
Bob EthingtonBoard Chair/
Tim McdermottPresident
Tracy HowardVice Chair/d
Jeff HeardBoard Sec./t
John BreedingDirector
Jospeh ParleDirector
Rodrigo JimenezDirector
Laranda BurkeCFO/corp Sec
Elaine WelcomeVP of Org De

Highest Paid Contractors

ContractorServicesLocationCompensation
Freak Life INCMusician227 THIRD AVENUE NORTH, Franklin, TN 37064$178,042
Creative Artists Agency LLCMusician401 COMMERCE STREET PENTHOUSE, Nashville, TN 37219$150,500
Cypress-fairbanks IsdVenue Rental10300 JONES RD, Houston, TX 77065$147,548
Compassion Productions LLCMusician12290 VOYAGER PKWY, Colorado Springs, CO 80921$128,067
Anthony Evans Entertainment LLCMusicianPO BOX 7466, Tyler, TX 75711$125,980
Revenue and Support

Revenue Composition

Contributions and Grants
$182,328
Program Service Revenue
$2,487,594
Investment Income
$889
Other Revenue
$0
All Other Contributions
$182,328
Change in Net Assets
$167,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,143,082
Salaries, Compensation, and Employee Benefits$360,563
Total Fundraising Expense$45,066
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,353,696$42,000-$1,395,696
Other Expenses$611,443-$45,066$656,509
Other Salaries and Wages$229,864$27,520-$257,384
Other Employee Benefits$67,671$8,364-$76,035
Travel$30,701$427-$31,128
Payroll Taxes$18,138$2,242-$20,380
Insurance$13,475$2,669-$16,144
Occupancy$12,801$396-$13,197
Office Expenses$8,289$2,732-$11,021
Information Technology$8,048--$8,048
Fees for Services Accounting-$6,302-$6,302
Pension Plan Contributions$3,570$441-$4,011
Current Officers, Directors, Trustees, and Key Employees$2,615$138-$2,753
Conferences and Meetings$1,799$925-$2,724
Fees for Services Legal-$1,259-$1,259
Depreciation Depletion$938$116-$1,054
Total Functional Expenses$2,363,048$95,531$45,066$2,503,645
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Ticket Servant$314
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Tim mcdermott laranda burke president cfo business relationship tim mcdermott tammy johnson president vice pres. Business relationship tim mcdermott elaine welcome president vp org dev business relationship laranda burke tammy johnson cfo vice pres. Business relationship laranda burke elaine welcome cfo vp org dev business relationship tammy johnson elaine welcome vice pres. Vp org dev business relationship

Form 990, Page 6, Part VI, Line 4

The organization's bylaws were amended during the year. The significant changes that need to be reported on the 990 are as follows: 1) the role of the secretary-treasurer was split into two roles: corporate secretary-treasurer and board secretary-treasurer, 2) a section was added giving the board authority to appoint assistant secretaries and/or assistant treasurers, and 3) the timeline for bylaw revision proposals to be distributed to board members was shortened from ten days to seven.

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by an outside cpa firm. After preparation is completed, the return is reviewed by the organization's accounting manager, cfo and president. After the review is complete, the form 990 is then provided to the board of directors prior to filing with the internal revenue service.

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

The board members are required to annually complete a commitment form that includes a statement of conflict of interest. In addition, board members are required annually to complete a conflict of interest/related party questionnaire. The accounting department staff continually monitor vendors for compliance with the conflict of interest/related party policy. Should a conflict of interest exist, interested parties are required to recuse themselves from the decision making process and subsequent vote.

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

The top official is not compensated by this organization.

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

The process for determining the compensation of the organization's officers involves comparative salary surveys, and is contingent on budget considerations. An independent compensation consultant is engaged for further input, and forms 990 from similar organizations are analyzed. Recommendations are made by the hr committee and compensation packages are approved by a compensation committee, consisting of independent members of the board of directors. Documentation of deliberations and decisions made are kept in the minutes. This process and documentation is performed by an affiliated organization serving as a common paymaster.

Form 990, Page 6, Part VI, Line 19

The financial statements, conflict of interest policy, and governing documents are available to the public at the organization's main office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Ksbj Special Events
EIN
76-0371181
Phone
2814465725
Address
1722 TREBLE DRIVE, HUMBLE, TX 77338

Signing Officer

Name
Tim Mcdermott
Title
President
Phone
2814465725
Signed
2017-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Mcdermott
Formed
1992
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
17
Volunteers
1,109

Preparer

Firm
Sommerville & Associates Pc
Address
3030 MATLOCK RD STE 201, ARLINGTON, TX 76015-2936
Preparer
Elaine L Sommerville CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Produces is very intentional in making the ministry and the message of the gospel the primary focus. While the delivery of the gospel may be a little different at an event for teens than at a men's or women's event than at a more traditional worship style concert, the heart of the message stays true. And at every event, the gospel is presented and a time for response is given with an army of prayer volunteers ready to pray with people who want to commit their lives to christ. The prayer volunteers are also available throughout the events to pray with people. There are many stories of lives impacted at our events. One the highlights of the year was the secret keeper girl crazy hair tour which visited two churches and ministered to over 2,000 tween girls and their moms, along with a few dads too. Despite the heavy storms and remnants of a hurricane they came with hearts open to hear the truth about who god says they are. This event aims to teach girls how to be "god crazy" as opposed to "boy crazy", and to not fit in with the world's stereotypes for them. These thoughts are inspired by the key verse for the tour, 2 corinthians 5: 13 - 14: "if i acted crazy, i did it for godchrist's love has moved me to such extremes. His love has the first and last word in everything we do." (msg) the nights of spirited worship and interactive story time created an opportunity for girls to learn more about the morals and values founded in scripture. Following the songs and activities, with a blast of colorful confetti, dannah gresh the author of the secret keeper girl books and events presented the story of the gospel, and invited girls to accept christ, presenting the opportunity to pray with volunteers. Between the two nights there were a confirmed 102 decisions made for christ by girls in attendance. Special events' concerts are an ideal platform for partnering with and raising awareness for local nonprofit organizations. The ksbj ministry spotlight highlights a local ministry that matches the heart of the artist. This is a great connection opportunity providing a forum for attendees to gather information and to get involved in serving and supporting local ministries. In the last fiscal year, special events produced 33 christ centered events, including 12 free events, uniting over 118,000 people for worship and to share the gospel of jesus christ. Our prayer volunteers prayed with approximately 1,000 people which resulted in salvations, re- dedications and praise reports. Ksbj special events relies on the support of volunteers to accomplish its mission. Special events had over 1,100 dedicated volunteers who served over 7,000 hours, filling crucial roles including back stage loading equipment in/out, praying with people, working as stage hands, etc.

Form 990, Part V

Line 2 - the employees are compensated by an unrelated organization, ksbj educational foundation inc. Ksbj educational foundation files all required payroll returns as required by the irs. As such, according to irs instructions regarding common paymasters, the number of employees reported on part v, line 2a represents the number of employees who worked for the filing organization, but were reported by the unrelated organization.

Form 990, Part IX, Line 11G

Artist honorariums 1,183,886 0 0 support services 0 42,000 0 stagehands 52,563 0 0 drivers 8,400 0 0 security 58,605 0 0 contract labor 50,242 0 0

Financial Statement Notes

Schedule D, Page 3, Part X

The consolidated financial statement effect of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of june 30, 2016, sets had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements.

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IRS990/Desc0KSBJ SPECIAL EVENTS DOESN'T JUST CREATE EVENTS, THEY CREATE OPPORTUNITIES TO BRING BELIEVERS TOGETHER TO POUR INTO THEM SPIRITUALLY, TO INSPIRE THEM TO PURSUE A DEEPER RELATIONSHIP WITH GOD AND TO BE THE HANDS AND FEET OF CHRIST IN THEIR COMMUNITY. NOTHING UNIFIES THE BODY OF CHRIST QUITE LIKE A CONCERT. A SEA OF BELIEVERS JOINED TOGETHER IN WORSHIP WITH HANDS LIFTED HIGH AND VOICES ECHOING THE PRAISES OF OUR LORD AND SAVIOR JESUS CHRIST IS POWERFUL AND LIFE CHANGING. THE IMPACT OF THE MINISTRY OF KSBJ SPECIAL EVENTS (SPECIAL EVENTS) RESONATES ACROSS CULTURAL, DENOMINATIONAL, RACE, AGE, GENDER, POLITICAL, SOCIAL, AND ECONOMIC BOUNDARIES. THE CHRIST CENTERED EVENTS THAT SPECIAL EVENTS PRODUCES TRULY ARE CHURCH WITHOUT WALLS EXPERIENCES THAT CONNECT PEOPLE TO GOD. EACH EVENT THAT SPECIAL EVENTS PRODUCES IS VERY INTENTIONAL IN MAKING THE MINISTRY AND THE MESSAGE OF THE GOSPEL THE PRIMARY FOCUS. WHILE THE DELIVERY OF THE GOSPEL MAY BE A LITTLE DIFFERENT AT AN EVENT FOR TEENS THAN AT A MEN'S OR WOMEN'S EVENT THAN AT A MORE TRADITIONAL WORSHIP STYLE CONCERT, THE HEART OF THE MESSAGE STAYS TRUE. AND AT EVERY EVENT, THE GOSPEL IS PRESENTED AND A TIME FOR RESPONSE IS GIVEN WITH AN ARMY OF PRAYER VOLUNTEERS READY TO PRAY WITH PEOPLE WHO WANT TO COMMIT THEIR LIVES TO CHRIST. THE PRAYER VOLUNTEERS ARE ALSO AVAILABLE THROUGHOUT THE EVENTS TO PRAY WITH PEOPLE. THERE ARE MANY STORIES OF LIVES IMPACTED AT OUR EVENTS. ONE THE HIGHLIGHTS OF THE YEAR WAS THE SECRET KEEPER GIRL CRAZY HAIR TOUR WHICH VISITED TWO CHURCHES AND MINISTERED TO OVER 2,000 TWEEN GIRLS AND THEIR MOMS, ALONG WITH A FEW DADS TOO. DESPITE THE HEAVY STORMS AND REMNANTS OF A HURRICANE THEY CAME WITH HEARTS OPEN TO HEAR THE TRUTH ABOUT WHO GOD SAYS THEY ARE. THIS EVENT AIMS TO TEACH GIRLS HOW TO BE "GOD CRAZY" AS OPPOSED TO "BOY CRAZY", AND TO NOT FIT IN WITH THE WORLD'S STEREOTYPES FOR THEM. THESE THOUGHTS ARE INSPIRED BY THE KEY VERSE FOR THE TOUR, 2 CORINTHIANS 5: 13 - 14: "IF I ACTED CRAZY, I DID IT FOR GODCHRIST'S LOVE HAS MOVED ME TO SUCH EXTREMES. HIS LOVE HAS THE FIRST AND LAST WORD IN EVERYTHING WE DO." (MSG) THE NIGHTS OF SPIRITED WORSHIP AND INTERACTIVE STORY TIME CREATED AN OPPORTUNITY FOR GIRLS TO LEARN MORE ABOUT THE MORALS AND VALUES FOUNDED IN SCRIPTURE. FOLLOWING THE SONGS AND ACTIVITIES, WITH A BLAST OF COLORFUL CONFETTI, DANNAH GRESH THE AUTHOR OF THE SECRET KEEPER GIRL BOOKS AND EVENTS PRESENTED THE STORY OF THE GOSPEL, AND INVITED GIRLS TO ACCEPT CHRIST, PRESENTING THE OPPORTUNITY TO PRAY WITH VOLUNTEERS. BETWEEN THE TWO NIGHTS THERE WERE A CONFIRMED 102 DECISIONS MADE FOR CHRIST BY GIRLS IN ATTENDANCE. SPECIAL EVENTS' CONCERTS ARE AN IDEAL PLATFORM FOR PARTNERING WITH AND RAISING AWARENESS FOR LOCAL NONPROFIT ORGANIZATIONS. THE KSBJ MINISTRY SPOTLIGHT HIGHLIGHTS A LOCAL MINISTRY THAT MATCHES THE HEART OF THE ARTIST. THIS IS A GREAT CONNECTION OPPORTUNITY PROVIDING A FORUM FOR ATTENDEES TO GATHER INFORMATION AND TO GET INVOLVED IN SERVING AND SUPPORTING LOCAL MINISTRIES. IN THE LAST FISCAL YEAR, SPECIAL EVENTS PRODUCED 33 CHRIST CENTERED EVENTS, INCLUDING 12 FREE EVENTS, UNITING OVER 118,000 PEOPLE FOR WORSHIP AND TO SHARE THE GOSPEL OF JESUS CHRIST. OUR PRAYER VOLUNTEERS PRAYED WITH APPROXIMATELY 1,000 PEOPLE WHICH RESULTED IN SALVATIONS, RE- DEDICATIONS AND PRAISE REPORTS. KSBJ SPECIAL EVENTS RELIES ON THE SUPPORT OF VOLUNTEERS TO ACCOMPLISH ITS MISSION. SPECIAL EVENTS HAD OVER 1,100 DEDICATED VOLUNTEERS WHO SERVED OVER 7,000 HOURS, FILLING CRUCIAL ROLES INCLUDING BACK STAGE LOADING EQUIPMENT IN/OUT, PRAYING WITH PEOPLE, WORKING AS STAGE HANDS, ETC.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CONSOLIDATED FINANCIAL STATEMENT EFFECT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES. AS OF JUNE 30, 2016, SETS HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.
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