Civic Intelligence

Daily Source Limited

990EZ • Fiscal year 2012 • EIN 83-0374559

Oct 01, 2011 to Sep 30, 2012 • Filed on May 11, 2013

15 Main Street Suite 20802472
Siviq Scores

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

Liabilities / Assets

93rd percentile

0.88x

Higher debt load relative to assets than 93% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

90th percentile

0.36x

Higher debt load relative to revenue than 90% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

45th percentile

0.6%

Higher net margin than 45% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

87th percentile

57%

Faster asset growth than 87% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

39th percentile

-6.0%

Faster revenue growth than 39% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Assets

Up

$51,814

Up $18,905 (+57%) from 2011

Net Assets

Up

$6,439

Up $703 (+12%) from 2011

Liabilities

Up

$45,375

Up $18,202 (+67%) from 2011

Revenue

Down

$126,728

Down $8,082 (-6.0%) from 2011

Expenses

Down

$126,025

Down $8,468 (-6.3%) from 2011

Net Income

Up

$703

Up $386 (+122%) from 2011

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $16,669Liabilities 2010: $11,250Net Assets 2010: $5,4192010Assets 2011: $32,909Liabilities 2011: $27,173Net Assets 2011: $5,7362011Assets 2012: $51,814Liabilities 2012: $45,375Net Assets 2012: $6,4392012Assets 2013: $52,365Liabilities 2013: $4,6292013Assets 2014: $143,621Liabilities 2014: $3,0932014Assets 2015: $714,188Liabilities 2015: $22,832Net Assets 2015: $691,3562015Assets 2016: $1,117,427Liabilities 2016: $3,086Net Assets 2016: $1,114,3412016Assets 2017: $1,375,737Liabilities 2017: $59,595Net Assets 2017: $1,316,1422017Assets 2018: $867,388Liabilities 2018: $49,951Net Assets 2018: $817,4372018Assets 2019: $592,698Liabilities 2019: $9,949Net Assets 2019: $582,7492019Assets 2020: $3,196,921Liabilities 2020: $1,261Net Assets 2020: $3,195,6602020Assets 2021: $4,498,212Liabilities 2021: $4,568Net Assets 2021: $4,493,6442021Assets 2022: $3,503,005Liabilities 2022: $2,057Net Assets 2022: $3,500,9482022Assets 2023: $2,457,704Liabilities 2023: $845Net Assets 2023: $2,456,8592023

Highlighted filing

2012

Assets$51,814
Liabilities$45,375
Net Assets$6,439

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $157,876Expenses 2010: $157,607Net Income 2010: $2692010Revenue 2011: $134,810Expenses 2011: $134,493Net Income 2011: $3172011Revenue 2012: $126,728Expenses 2012: $126,025Net Income 2012: $7032012Revenue 2013: $109,766Expenses 2013: $68,469Net Income 2013: $41,2972013Revenue 2014: $190,129Expenses 2014: $97,337Net Income 2014: $92,7922014Revenue 2015: $683,104Expenses 2015: $80,233Net Income 2015: $602,8712015Revenue 2016: $420,559Expenses 2016: $76,083Net Income 2016: $344,4762016Revenue 2017: $194,879Expenses 2017: $63,201Net Income 2017: $131,6782017Revenue 2018: $8,868Expenses 2018: $101,026Net Income 2018: -$92,1582018Revenue 2019: $163,632Expenses 2019: $113,846Net Income 2019: $49,7862019Revenue 2020: $2,453,754Expenses 2020: $100,934Net Income 2020: $2,352,8202020Revenue 2021: $1,134,735Expenses 2021: $117,976Net Income 2021: $1,016,7592021Revenue 2022: -$113,678Expenses 2022: $87,206Net Income 2022: -$200,8842022Revenue 2023: -$847,634Expenses 2023: $27,974Net Income 2023: -$875,6082023

Highlighted filing

2012

Revenue$126,728
Expenses$126,025
Net Income$703
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
May 11, 2013
Return Version
2011v1.2
Mission and Program Overview

Mission

Our mission is to convey high quality information to the public on topics useful to individuals and beneficial to society and the world (such as nonprofits, philanthropy, human rights, world affairs, the environment, poverty, health, science, technology and education), to promote the sharing and discussing of ideas and information, and to increase voluntarism, philanthropy and donations to charity.

Filing and Contact Details

Filer

EIN
83-0374559
Raw XML Appendix210 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0Michael Kolar
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1Vincent J Winkel
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2Amy Luchans
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3Ellen Ferrante
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4Peter H Dunn
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0Board Member
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Board Member
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2Board Member
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IRS990EZ/PrimaryExemptPurpose0As described in our Form 1023, our purpose is to convey high quality information to the public on subjects useful to individuals and beneficial to society and the world (such as nonprofits, philanthropy, human rights, world affairs, the environment, health, and education), promote the sharing and discussing of ideas and information, and promote increased voluntarism and philanthropy.
IRS990EZ/PrintingPublicationsPostage0428
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0Published over 9,500 editions of information of interest and use to the public, covering various topic areas including nonprofits, philanthropy, human rights, world affairs, the environment, health, and education. Each edition included text, audio clips, photos, videos and live chats. We ended the year with over 3,240 registered users, which represents only a fraction of the total users, as most users do not register. Registration and use of our sites is free. We also posted all of our items to 4 different profiles on Twitter, and had over 95,000 ongoing users registered to follow our posts there. We also continued to publish the site WorldWealthCalculator.org in an effort to raise awareness of global poverty. We also created several new websites to further accomplish our purposes of providing information to the public and promoting nonprofits and philanthropy, including: Maps for the Poor, Counters for the Poor, In Sight In Mind, Water Pledge, Waterathon, and Give It Up For The Poor. Our nonprofit had more than 100 volunteers contribute more than 21,500 volunteer hours during the year.
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IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10The Daily Source Limited
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IRS990ScheduleA/FactsAndCircumstancesTest0The service that we're using to Efile does not allow line returns so we've used capital letters to separate the sections of text to make it easier to read. Our nonprofit organization meets the facts and circumstances test for the following reasons: A) Our mission is to convey high quality information to the public on subjects useful to individuals and beneficial to society and the world (such as nonprofits, philanthropy, human rights, world affairs, the environment, health, and education), promote the sharing and discussing of ideas and information, and promote increased voluntarism and philanthropy. In the previous year, we published over 9,500 editions of our websites that do the above. Most editions included text, audio clips, photos, videos and live chats. B) Our service appeals to a wide swath of the public, and is not limited to a particular community or region. C) Our Web site is entirely free of charge to the public. We do not charge for its use or for registering. In addition, all of our past editions are made available to the public online for free on a continuous basis in our archives section. Nearly all of our site is accessible without registering. The other small portion is accessible for free for any person from the public who wants to spend 1 minute registering. The only reason registration is needed is that a user account is needed so their preferences on the site can be remembered. D) In IRS Year 2007, we had over 100 volunteers donate a total of 18,211 volunteer hours. The nonprofit association Independent Sector provides national rates for the value of services from volunteers that it updates annually from Bureau of Labor Statics data. For calendar year 2008, they estimate the dollar value of volunteer time is $20.25 per hour: http://www.independentsector.org/programs/research/volunteer_time.html. Their number comes from the Bureau of Labor Statics average wage figure increased by 12 percent to estimate for fringe benefits. Based on their recommended figure, volunteers gave us $368,777.47 in support in IRS year 2007 (our Fiscal Year ending Sept. 30, 2008). The IRS rules do not allow us to list that on the chart, yet it is support from the public. Counting it along with our $115,301 in monetary support for IRS year 2007 would put our public support at 76% even without factoring in donations under the 2% threshold for that year. With donations under the 2% threshold included, it's over 76%. In IRS Year 2008, we had over 120 volunteers donate 25,326.36 hours. In IRS year 2009, we had over 160 volunteers donate 36,365.51 hours. In IRS year 2010, we had over 130 volunteers donate 32,500 hours. In IRS year 2011, we had over 110 volunteers donate 21,719.46 hours. If these 135,307 hours counted towards support using the Independent Sector's 2008 number, then 79.92% of our support over the past 5 years comes from the public, even without factoring in donations under the 2% threshold. Even if a much lower figure like $15 an hour is used, it is still $2,029,605 in donated volunteer time, and means 74.85% of our support comes from the public. E) Our board is a mix of men and women from different states and different work backgrounds who represent a broad cross-section of public interests and views. Board member Peter Dunn is a journalist and former small business owner who has volunteered for numerous nonprofits. He is located in Florida. Board member Amy Luchans is Associate Director of Alumni Relations at Brandeis University in Waltham, Massachusetts and was assistant director of student activities at another college. Board member Vincent Winkel was the managing editor of Public Interactive, a division of NPR that provides Web platforms and online news content for over 300 public radio and television stations around the country, and later worked at American Public Media as Web editor and producer, and has worked for CNN, CBS, NPR and the BBC as a reporter. His coverage of multiple diverse topics has earned him major
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IRS990ScheduleL/Form990ScheduleLPartV/Explanation0$40,000 in short-term interest free loans were borrowed from Peter Dunn during the Fiscal Year Ending 9/30/2012. The Board of Directors has approved loans up to a maximum of $55,000 being made as needed to the organization, as long as any such loans were interest free. Mr. Dunn did not benefit in any way from making the short-term loans. In fact, he normally loses money when he loans money interest free because he loses the interest and/or investment gain he'd make if he invested it or had it in a bank.
IRS990ScheduleL/Form990ScheduleLPartV/Identifier0SchL_P02_S00_L00
IRS990ScheduleL/Form990ScheduleLPartV/ReturnReference0Schedule L, Part II
IRS990ScheduleL/LoanTable/ApprovedByBoard01
IRS990ScheduleL/LoanTable/BalanceDue040000
IRS990ScheduleL/LoanTable/Default00
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IRS990ScheduleL/LoanTable/NamePerson0Peter Dunn
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IRS990ScheduleL/LoanTable/PurposeOfLoan0General expenses
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IRS990ScheduleL/TotalBalanceDue040000
IRS990ScheduleO/GeneralExplanation/Explanation0Description;Amount^Supplies;6061|Internet and telephone;3659|Web services and hosting;7982|Depreciation;1467|Bank and credit card fees;254^Total;19423^
IRS990ScheduleO/GeneralExplanation/Explanation1Description;EOY Amount^Pledges Receivable;14000|Grants Receivable;20000|Furniture and equipment after depreciation;2315|Other long term assets;11402|Merchandise for Volunteers and Donors;1086|Security Deposits;100^Total;48903^
IRS990ScheduleO/GeneralExplanation/Explanation2Description;EOY Amount^Credit cards payable;5375|Loans payable;40000^Total;45375^
IRS990ScheduleO/GeneralExplanation/Identifier0F99Z_P01_S00_L16
IRS990ScheduleO/GeneralExplanation/Identifier1F99Z_P02_S00_L24
IRS990ScheduleO/GeneralExplanation/Identifier2F99Z_P02_S00_L26
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/Explanation0We filed for an Extension on Form 8828 due to Executive Director having emergency situation which did not allow for filing on February 15th
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0830374559
ReturnHeader/Filer/Name/BusinessNameLine10DAILY SOURCE LIMITED
ReturnHeader/Filer/NameControl0DAIL
ReturnHeader/Filer/Phone06174597709
ReturnHeader/Filer/USAddress/AddressLine1015 Main Street Suite 208
ReturnHeader/Filer/USAddress/City0Watertown
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode002472
ReturnHeader/Officer/DateSigned02013-05-11
ReturnHeader/Officer/Name0Peter Dunn
ReturnHeader/Officer/Phone06174597709
ReturnHeader/Officer/Title0Executive Director
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-10-01
ReturnHeader/TaxPeriodEndDate02012-09-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-05-15T23:06:19-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.46$0.00$2.46$0.85$0.03$0.88
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.00$3.50$0.11$0.09$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.50$0.00$4.49$1.13$0.12$1.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.20$0.00$3.20$2.45$0.10$2.35
2019Summary only. Only limited summary data is available for this year.$0.59$0.01$0.58$0.16$0.11$0.05
2018Summary only. Only limited summary data is available for this year.$0.87$0.05$0.82$0.01$0.10$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.06$1.32$0.19$0.06$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.00$1.11$0.42$0.08$0.34
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.02$0.69$0.68$0.08$0.60
2014Summary only. Only limited summary data is available for this year.$0.14$0.00$0.19$0.10$0.09
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.11$0.07$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.05$0.01$0.13$0.13$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.03$0.01$0.13$0.13$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.01$0.01$0.16$0.16$0.00