Civic Intelligence

Ksbj Special Events

990 • Fiscal year 2018 • EIN 76-0371181

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 16, 2019

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

41st percentile

0.05x

Higher debt load relative to assets than 41% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

41st percentile

0.3%

Higher net margin than 41% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

59th percentile

3.6%

Faster asset growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

76th percentile

21%

Faster revenue growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$811,203

Up $28,325 (+3.6%) from 2017

Net Assets

Up

$772,793

Up $7,196 (+0.9%) from 2017

Liabilities

Up

$38,410

Up $21,129 (+122%) from 2017

Revenue

Up

$2,347,751

Up $413,745 (+21%) from 2017

Expenses

Up

$2,340,555

Up $153,600 (+7.0%) from 2017

Net Income

Up

$7,196

Up $260,145 (+103%) from 2017

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

2018

Assets$811,203
Liabilities$38,410
Net Assets$772,793

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

2018

Revenue$2,347,751
Expenses$2,340,555
Net Income$7,196
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 16, 2019
Return Version
2017v2.3
Gross Receipts
$2,354,545
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 more deeply to god" through live events based on the gospel of jesus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$248,824$510,453▲ $261,629
Savings and Temporary Cash Investments$465,712$250,442▼ $215,270
Prepaid Expenses and Deferred Charges$55,080$24,007▼ $31,073
Accounts Receivable$10,100$14,255▲ $4,155
Other Notes and Loans Receivable, Net$1$9,939▲ $9,938
Land, Buildings, and Equipment, Net$3,161$2,107▼ $1,054
Total Assets$782,878$811,203▲ $28,325
Liabilities
Accounts Payable and Accrued Expenses$17,281$26,876▲ $9,595
Unsecured Notes Loans Payable-$11,534-
Total Liabilities$17,281$38,410▲ $21,129
Net Assets / Fund Balance
Unrestricted Net Assets$765,597$772,793▲ $7,196
Total Net Assets Fund Balance$765,597$772,793▲ $7,196
Total Liabilities and Net Assets / Fund Balance$782,878$811,203▲ $28,325

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,107$8,366$10,473
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob EthingtonBoard Chair/
John BreedingVice Chair/d
Jeff HeardBoard Sec./t
Heather PucaDirector
Joe ParleDirector
John Van LeeuwenDirector
Joe PauloCEO & Presid
Laranda BurkeCFO
Elaine WelcomeCOO
Tim McdermottFormer Presi

Highest Paid Contractors

ContractorServicesLocationCompensation
Casting CrownsMusicianPO BOX 150867, Nashville, TN 37215$161,269
For King And Country LLCMusician3745 NEW HIGHWAY 96 W, Franklin, TN 37064$157,373
Rivermusic Management LLCMusician109 WESTPARK DR SUITE 400, Brentwood, TN 37027$121,603
Revenue and Support

Revenue Composition

Contributions and Grants
$114,024
Program Service Revenue
$2,088,855
Investment Income
$6,612
Other Revenue
$138,260
All Other Contributions
$114,024
Change in Net Assets
$7,196
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,907,735
Salaries, Compensation, and Employee Benefits$432,820
Total Fundraising Expense$75,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,005,910$42,000-$1,047,910
Other Salaries and Wages$276,111$32,199-$308,310
All Other Expenses$83,594-$75,686$159,280
Other Employee Benefits$85,819$10,543-$96,362
Other Expenses$88,038--$88,038
Travel$27,971$471-$28,442
Payroll Taxes$21,630$669-$22,299
Occupancy$18,159$2,244-$20,403
Insurance$15,531$2,669-$18,200
Office Expenses$7,366$2,111-$9,477
Pension Plan Contributions$5,206$643-$5,849
Fees for Services Accounting-$5,555-$5,555
Conferences and Meetings$426$898-$1,324
Depreciation Depletion$938$116-$1,054
Information Technology$420--$420
Fees for Services Legal-$175-$175
Total Functional Expenses$2,164,576$100,293$75,686$2,340,555
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
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Laranda burke elaine welcome cfo coo business relationship joe paulo laranda burke pres. & ceo cfo business relationship joe paulo elaine welcome pres. & ceo coo business relationship tim mcdermott laranda burke former pres. Cfo business relationship tim mcdermott elaine welcome former pres. Coo business relationsip

Form 990, Page 6, Part VI, Line 8B

The organization does not have committees.

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

The copy of the form 990 is first reviewed by the director of accounting, cfo and then the ceo. Once an internal draft is finalized, a secure link will be sent to all board members so they may access a pdf copy of the form 990 prior to filing.

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

No other officers are compensated by this organization.

Form 990, Page 6, Part VI, Line 19

The financial statements, conflict of interest policy, and governing documents are available to the public upon request 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
Joe Paulo
Title
CEO & President
Phone
2814465725
Signed
2019-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Paulo
Formed
1992
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
15
Volunteers
742

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, but one of the highlights of the year was the rise out of the dark tour event, with mandisa and danny gokey. This event took place about a month after hurricane harvey, one of the most devasting hurricanes to make landfall in the gulf coast area. For this show, the special events team partnered with natalie grant to raise funds for hurricane harvey relief efforts. A "texas strong" t-shirt was designed and made available at the event, in return for a suggested donation of a gift card. The special events team raised a total of 21,444.48 for the 1,100 t-shirts printed. The gift cards were donated to houston's first baptist church and grace community church in support of local hurricane relief efforts. There was 1 confirmed decision made for christ and 1 life rededicated to christ in addition to 254 prayer requests and 169 praise reports received. 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 29 christ centered events, including 5 free events, uniting over 70,000 people for worship and to share the gospel of jesus christ. Our prayer volunteers connected with approximately 3,000 people which resulted in salvations, re-dedications, prayer requests and praise reports. Ksbj special events relies on the support of volunteers to accomplish its mission. Special events had over 740 dedicated volunteers who served over 4,200 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 payroll duties are handled 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 992,626 0 0 contract labor 13,284 0 0 support services 0 42,000 0 total 1,005,910 42,000 0

Financial Statement Notes

Schedule D, Page 3, Part X

The conslidated 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 the 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, 2018, sets had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. Sets files information tax returns in the united states.

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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, BUT ONE OF THE HIGHLIGHTS OF THE YEAR WAS THE RISE OUT OF THE DARK TOUR EVENT, WITH MANDISA AND DANNY GOKEY. THIS EVENT TOOK PLACE ABOUT A MONTH AFTER HURRICANE HARVEY, ONE OF THE MOST DEVASTING HURRICANES TO MAKE LANDFALL IN THE GULF COAST AREA. FOR THIS SHOW, THE SPECIAL EVENTS TEAM PARTNERED WITH NATALIE GRANT TO RAISE FUNDS FOR HURRICANE HARVEY RELIEF EFFORTS. A "TEXAS STRONG" T-SHIRT WAS DESIGNED AND MADE AVAILABLE AT THE EVENT, IN RETURN FOR A SUGGESTED DONATION OF A GIFT CARD. THE SPECIAL EVENTS TEAM RAISED A TOTAL OF 21,444.48 FOR THE 1,100 T-SHIRTS PRINTED. THE GIFT CARDS WERE DONATED TO HOUSTON'S FIRST BAPTIST CHURCH AND GRACE COMMUNITY CHURCH IN SUPPORT OF LOCAL HURRICANE RELIEF EFFORTS. THERE WAS 1 CONFIRMED DECISION MADE FOR CHRIST AND 1 LIFE REDEDICATED TO CHRIST IN ADDITION TO 254 PRAYER REQUESTS AND 169 PRAISE REPORTS RECEIVED. 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 29 CHRIST CENTERED EVENTS, INCLUDING 5 FREE EVENTS, UNITING OVER 70,000 PEOPLE FOR WORSHIP AND TO SHARE THE GOSPEL OF JESUS CHRIST. OUR PRAYER VOLUNTEERS CONNECTED WITH APPROXIMATELY 3,000 PEOPLE WHICH RESULTED IN SALVATIONS, RE-DEDICATIONS, PRAYER REQUESTS AND PRAISE REPORTS. KSBJ SPECIAL EVENTS RELIES ON THE SUPPORT OF VOLUNTEERS TO ACCOMPLISH ITS MISSION. SPECIAL EVENTS HAD OVER 740 DEDICATED VOLUNTEERS WHO SERVED OVER 4,200 HOURS, FILLING CRUCIAL ROLES INCLUDING BACK STAGE LOADING EQUIPMENT IN/OUT, PRAYING WITH PEOPLE, WORKING AS STAGE HANDS, ETC.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD SEC./T
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6FORMER PRESI
IRS990/Form990PartVIISectionAGrp/TitleTxt7CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt8COO
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 406 INSURANCE PROCEEDS 134,049
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CONSLIDATED 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 THE 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, 2018, SETS HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. SETS FILES INFORMATION TAX RETURNS IN THE UNITED STATES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X

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