Civic Intelligence

Portland Regional Educational Telecommunications Corporation

990 • Fiscal year 2017 • EIN 84-1360071

Apr 01, 2016 to Mar 31, 2017 • Filed on Jan 30, 2018

PO Box 6060Boulder, CO 80306-6060

(303) 532-2852

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.06x

Higher debt load relative to revenue than 42% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

93rd percentile

65%

Higher net margin than 93% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$215,930

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 19.9% of source-year revenue.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Asset Growth

66th percentile

7.6%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

123%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$4,509,555

Up $319,004 (+7.6%) from 2016

Net Assets

Up

$4,446,045

Up $319,033 (+7.7%) from 2016

Liabilities

Down

$63,510

Down $29 (-0.0%) from 2016

Revenue

Up

$1,084,321

Up $598,493 (+123%) from 2016

Expenses

Up

$376,609

Up $31,371 (+9.1%) from 2016

Net Income

Up

$707,712

Up $567,122 (+403%) from 2016

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$0Assets 2012: $3,232,664Liabilities 2012: $64,229Net Assets 2012: $3,168,4352012Assets 2013: $3,473,645Liabilities 2013: $91,483Net Assets 2013: $3,382,1622013Assets 2014: $3,844,110Liabilities 2014: $30,568Net Assets 2014: $3,813,5422014Assets 2015: $4,128,817Liabilities 2015: $72,143Net Assets 2015: $4,056,6742015Assets 2016: $4,190,551Liabilities 2016: $63,539Net Assets 2016: $4,127,0122016Assets 2017: $4,509,555Liabilities 2017: $63,510Net Assets 2017: $4,446,0452017Assets 2018: $4,782,242Liabilities 2018: $68,943Net Assets 2018: $4,713,2992018Assets 2019: $4,823,317Liabilities 2019: $57,967Net Assets 2019: $4,765,3502019Assets 2020: $4,642,661Liabilities 2020: $112,615Net Assets 2020: $4,530,0462020Assets 2021: $5,370,694Liabilities 2021: $214,619Net Assets 2021: $5,156,0752021Assets 2022: $5,481,784Liabilities 2022: $179,553Net Assets 2022: $5,302,2312022Assets 2023: $6,627,276Liabilities 2023: $98,139Net Assets 2023: $6,529,1372023Assets 2024: $7,672,062Liabilities 2024: $71,670Net Assets 2024: $7,600,3922024Assets 2025: $7,849,666Liabilities 2025: $103,031Net Assets 2025: $7,746,6352025

Highlighted filing

2017

Assets$4,509,555
Liabilities$63,510
Net Assets$4,446,045

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $478,266Expenses 2012: $416,628Net Income 2012: $61,6382012Revenue 2013: $418,123Expenses 2013: $353,384Net Income 2013: $64,7392013Revenue 2014: $23,958Expenses 2014: $345,881Net Income 2014: -$321,9232014Revenue 2015: $547,982Expenses 2015: $328,220Net Income 2015: $219,7622015Revenue 2016: $485,828Expenses 2016: $345,238Net Income 2016: $140,5902016Revenue 2017: $1,084,321Expenses 2017: $376,609Net Income 2017: $707,7122017Revenue 2018: $606,948Expenses 2018: $391,012Net Income 2018: $215,9362018Revenue 2019: $575,743Expenses 2019: $475,984Net Income 2019: $99,7592019Revenue 2020: $737,205Expenses 2020: $747,270Net Income 2020: -$10,0652020Revenue 2021: $1,013,462Expenses 2021: $1,051,215Net Income 2021: -$37,7532021Revenue 2022: $1,143,600Expenses 2022: $900,903Net Income 2022: $242,6972022Revenue 2023: $2,092,002Expenses 2023: $690,087Net Income 2023: $1,401,9152023Revenue 2024: $716,148Expenses 2024: $460,560Net Income 2024: $255,5882024Revenue 2025: $778,162Expenses 2025: $803,134Net Income 2025: -$24,9722025

Highlighted filing

2017

Revenue$1,084,321
Expenses$376,609
Net Income$707,712
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Jan 30, 2018
Return Version
2016v3.1
Gross Receipts
$3,332,919
Mission and Program Overview

Mission

Portland regional educational telecommunications corporation operates for "charitable, scientific and education and "social welfare" purposes within the meaning of sections 501(c)3 and 501(c)4, respectively, of the internal revenue code. The nonprofit undertakes activities to transmit educational material using frequencies regulated by the federal communications commission and focuses on philanthropic initiatives that bridge the digital access divide and improve the well being of communities across oregon.

The corporation is organized and will be operated exclusively for "charitable, scientific and education- and "social welfare" purposes within the meaning of sections 501(c)(3) and 501(c)(4), respectively, or the internal revenue code. To this end, the nonprofit shall undertake activities to: support the provision of quality and diverse instructional media content and capabilities to educators and students, including, but not limited to, data services and instructional video provided to accredited educational institutions and governmental organizations engaged in the formal education of enrolled students; foster open, honest and outspoken media that help users to be a popular democratic check on both government power and concentrated private privilege; expand the dissemination of media, and points of view carried by them, that offer dissenting, alternative, or critically constructive information and concepts to the marketplace of ideas in both local and global contexts; engage in additi

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,851,671$3,070,351▲ $218,680
Investments Program Related$735,963$684,564▼ $51,399
Savings and Temporary Cash Investments$506,508$513,032▲ $6,524
Cash and Non-Interest-Bearing Accounts$96,079$241,608▲ $145,529
Prepaid Expenses and Deferred Charges$330--
Total Assets$4,190,551$4,509,555▲ $319,004
Liabilities
Deferred Revenue$37,275$37,275→ $0
Accounts Payable and Accrued Expenses$26,264$26,235▼ $29
Total Liabilities$63,539$63,510▼ $29
Net Assets / Fund Balance
Unrestricted Net Assets$4,127,012$4,446,045▲ $319,033
Total Net Assets Fund Balance$4,127,012$4,446,045▲ $319,033
Total Liabilities and Net Assets / Fund Balance$4,190,551$4,509,555▲ $319,004

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$3,007--
Compensation and Service Providers

Employees

NameTitleOtherTotal
John SchwartzDirector & P$215,930$215,930
Adam MillerCOO/secretar$169,570$169,570

Board Members and Trustees

NameTitle
John SchwartzDirector & President
Charles MarrDirector
Dylan HydesDirector
Thomas HartmannDirector
Alice Ellis GautDirector & E
Patricia DwyerCFO
Adam MillerCOO/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Ebs Support ServicesMgmt SupportPOBOX 6060, Boulder, CO 80306$191,377
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$690,623
Other Revenue
$393,698
Change in Net Assets
$707,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,609
Grants and Similar Amounts Paid$88,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$18,929$172,448-$191,377
Grants to Domestic Orgs$88,000--$88,000
Fees for Services Legal-$21,146-$21,146
Fees for Services Other$996$14,031-$15,027
Travel$2,372$12,179-$14,551
Insurance-$3,325-$3,325
Fees for Services Accounting-$2,500-$2,500
Office Expenses$107$1,689-$1,796
Information Technology$100--$100
Other Expenses$25$25-$50
Total Functional Expenses$111,507$265,102$0$376,609
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Common CauseWashington, DC501c4Core Support$40,000
Oregon Progressive FundPortland, OR501c4Voter Collaboration$15,000
Our OregonPortland, OR501c4Communities of Color$15,000
Public Communicators IncDenver, CO501c3Core Support$15,000
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ebs Support Services LLCKey EmployeesReimbursementNo$191,377
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Management services are provided by: ebs support services llc po box 6060 boulder, colorado 80306

Form 990, Page 6, Part VI, Line 7A

The president of the corporation may designate up to two directors.

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

There is no committee with authority to act on behalf of the governing body.

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

The 990 is reviewed by the organization's accountants, business manager, cfo, and at least one corporate officer. Additionally the form is presented to the board members before it is filed.

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

Each responsible person who is a director or officer has a duty to disclose to the board (or to any committee of the board that is considering a decision to which the conflict applied) the material facts of any proposed transaction or action of the organization in which such responsible person has any conflicts. Each responsible person who is a staff member, has a duty to disclose to the business manager of the organization and his/her immediate supervisor the material facts of any proposed transaction of the organization in which such a person has any conflict. Implementation of the conflict of interest policy relies on such disclosure. A responsible person who fails to follow the protocols established in the conflict of interest policy shall be subjected to meaningful disciplinary action by the board of directors up to and including removal from the board or their position within the organization.

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

All services performed are from shared employees of a shared services company. This company has an oversight committee made up of board members of non-profit organizations that it serves. This oversight committee has been charged by the nonprofit organization boards to oversee personnel matters including executive and staff compensation. Staff prepared an annual salary benchmarking report for all staff positions and an annual ceo salary review that described each position and compared the position to three salary surveys: mountain states employers council most recent non- profit/foundation compensation, mountain states employers council most recent colorado benchmark compensation, and most recent colorado non-profit association salary and benefits survey. In addition, the salary benchmarking report is reviewed periodically by an independent third party contractor to ensure the use of proper methodology and ethical standards. This report, the third party contractor report and supporting documentation was reviewed in depth by the oversight committee which summarized its review to all of the boards.

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

See the explanation shown for form 990, part vi, line 15a.

Form 990, Page 6, Part VI, Line 19

The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Portland Regional Educational
EIN
84-1360071
Phone
3035322852
Address
PO BOX 6060, BOULDER, CO 80306-6060
Doing Business As
Voqal Portland

Signing Officer

Name
Adam Miller
Title
COO/secretary
Phone
3035322852
Signed
2018-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Schwartz
Formed
1983
Legal Domicile
Or
Voting Board Members
5
Independent Board Members
4
Employees
0

Preparer

Firm
Bauerle and Company Pc
Address
7887 E BELLEVIEW AVE STE 700, DENVER, CO 80111-6021
Preparer
Robert E Fabry CPA
Phone
3037590089
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation is organized and will be operated exclusively for "charitable, scientific and education- and "social welfare" purposes within the meaning of sections 501(c)(3) and 501(c)(4), respectively, or the internal revenue code. To this end, the nonprofit shall undertake activities to: support the provision of quality and diverse instructional media content and capabilities to educators and students, including, but not limited to, data services and instructional video provided to accredited educational institutions and governmental organizations engaged in the formal education of enrolled students; foster open, honest and outspoken media that help users to be a popular democratic check on both government power and concentrated private privilege; expand the dissemination of media, and points of view carried by them, that offer dissenting, alternative, or critically constructive information and concepts to the marketplace of ideas in both local and global contexts; engage in additional social welfare, charitable, scientific, and/or educational activities as are consistent with operations that may be undertaken by organizations described in, and thus exempt from taxation under, section 501(c)(4) of the internal revenue code, as now enacted or hereafter amended.

Form 990

Background: these additional, voluntary disclosures are intended to give the interested reader greater insight into how and why portland regional educational telecommunications corporation d/b/a voqal portland operates its numerous programs and initiatives, both through its own efforts and through the limited liability companies of which voqal portland is part owner. On behalf of a number of nonprofit organizations, voqal portland's president, john schwartz, led an effort to apply for what were then referred to as instructional television fixed service (itfs ) licenses from the federal communications commission. Those applications were originally submitted in the early 1980s. Mr. Schwartz believed that separate nonprofit organizations with local boards of directors would better serve the schools and communities covered by these licenses. In the end, five nonprofits led by mr. Schwartz applied for and received a total of 11 itfs licenses. Today, john schwartz remains the president of those five nonprofits, which will hereafter be referred to as the voqal nonprofits. Voqal portland is one of those five. For nearly two decades, voqal portland provided free educational video programming to schools via its fcc-licensed itfs station. While doing so, it shared some of its overhead and administrative costs with the other four voqal nonprofits, which were providing very similar service to their local communities. This approach resulted in significant cost savings, allowing voqal portland to deliver better educational service. The sharing of personnel and other resources among the voqal nonprofits was the beginning of what would later become ebs support services, llc (ebsss) - the umbrella service organization that today provides personnel and operational support to all five voqal nonprofits. To expand their ability to serve education and otherwise benefit the public, the voqal nonprofits entered into various spectrum use agreements with commercial telecommunications operators. Voqal allowed commercial firms to use their itfs, and, later, educational broadband service (ebs) excess spectrum capacity in their wireless networks. In exchange, these agreements provided significant financial benefits through spectrum royalty payments, as well as material in-kind educational benefits such as high- speed broadband internet accounts. The voqal nonprofits' current spectrum agreements are with a sprint subsidiary. With the increased resources afforded by these most recent spectrum agreements, the voqal nonprofits, including voqal portland, expanded the number and reach of their educational programs to include new education ventures, affordable internet service for schools and nonprofits, cash grants, ebs spectrum advocacy, and more. As it expanded, voqal portland continued to share resources with the other voqal nonprofits. For this reason, in 2009 the five voqal nonprofits formed ebs support services, llc. Voqal portland owns 17.33% of ebs support services, llc and reimburses it for the cost of leased personnel, as well as shared office space and equipment. Ebsss, llc, as well as the other limited liability companies listed below, are all owned exclusively by the voqal nonprofits; there are no other owners. In 2013, to extend the relationships among the voqal nonprofits and gain better public recognition for shared work, ebsss secured the "voqal" trademark and the five nonprofits, including voqal portland, adopted the voqal brand. Voqal has strived to fulfill the mission of ebs, from its beginnings providing free, itfs video to schools to recent efforts to support change- makers in education. While some voqal portland programs serve what many would consider traditional educational entities like k-12 schools, voqal embraces a broader view of education and aims to ensure equal access to knowledge to foster a stronger, healthier democracy. Our programs are often aimed at the root causes that bar access to knowledge both in and out of traditional bri

Form 990, Part XI, Line 9

Book/tax difference-ebs support services llc 1,809

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IRS990/MissionDesc0THE CORPORATION IS ORGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR "CHARITABLE, SCIENTIFIC AND EDUCATION- AND "SOCIAL WELFARE" PURPOSES WITHIN THE MEANING OF SECTIONS 501(C)(3) AND 501(C)(4), RESPECTIVELY, OR THE INTERNAL REVENUE CODE. TO THIS END, THE NONPROFIT SHALL UNDERTAKE ACTIVITIES TO: SUPPORT THE PROVISION OF QUALITY AND DIVERSE INSTRUCTIONAL MEDIA CONTENT AND CAPABILITIES TO EDUCATORS AND STUDENTS, INCLUDING, BUT NOT LIMITED TO, DATA SERVICES AND INSTRUCTIONAL VIDEO PROVIDED TO ACCREDITED EDUCATIONAL INSTITUTIONS AND GOVERNMENTAL ORGANIZATIONS ENGAGED IN THE FORMAL EDUCATION OF ENROLLED STUDENTS; FOSTER OPEN, HONEST AND OUTSPOKEN MEDIA THAT HELP USERS TO BE A POPULAR DEMOCRATIC CHECK ON BOTH GOVERNMENT POWER AND CONCENTRATED PRIVATE PRIVILEGE; EXPAND THE DISSEMINATION OF MEDIA, AND POINTS OF VIEW CARRIED BY THEM, THAT OFFER DISSENTING, ALTERNATIVE, OR CRITICALLY CONSTRUCTIVE INFORMATION AND CONCEPTS TO THE MARKETPLACE OF IDEAS IN BOTH LOCAL AND GLOBAL CONTEXTS; ENGAGE IN ADDITI
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION PROVIDED DATA SERVICES TO EDUCATIONAL AND NON PROFIT ENTITIES THROUGH ITS INVESTMENT IN MOBILE CITIZEN, LLC. THE PROGRAM REVENUE AND EXPENSES FLOWING THROUGH TO THE ORGANIZATION FROM MOBILE CITIZEN SCHEDULE K-1 WERE 105,979 AND 173,940 RESPECTIVELY, NETTING TO A LOSS OF (67,961).
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INDEPENDENT SPECTRUM, LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1EBS SUPPORT SERVICES, LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2FREE SPEECH MEDIA, LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3MOBILE CITIZEN, LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4SCHOOL RUNNER LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5PAIRIN, INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6EDUCATION MODIFIED LLC
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CORE SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1VOTER COLLABORATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2COMMUNITIES OF COLOR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3CORE SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PUBLIC COMMUNICATORS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1OREGON PROGRESSIVE FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2OUR OREGON
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3COMMON CAUSE
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1209 SW OAK ST FIFTH FLOOR
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3805 FIFTEENTH ST SUITE800
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DENVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PORTLAND
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PORTLAND
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHEDULE I, PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. IN THE CASE OF APPLICANTS WITH WHOM THE ORGANIZATION HAS A FORMAL GRANT AGREEMENT, THE AGREEMENT OUTLINES WHEN THE PAYMENTS ARE TO BE MADE AND USUALLY REQUIRE THE GRANTEE TO SUBMIT, IN DETAIL, HOW THEY USED THE FUNDS IN A NARRATIVE OF THE WORK. THE REPORTS ARE THEN REVIEWED BY ONE OR MORE STAFF MEMBERS OR CONTRACT CONSULTANTS; AND IF THERE IS ANY DISCREPANCY, THE FINAL PAYMENT WOULD NOT BE MADE UNTIL THE PROBLEM HAS BEEN CORRECTED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN SCHWARTZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ADAM MILLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2PATRICIA DWYER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR & PRESIDENT
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0FILER'S CORE FORM PART VII-SECTION A DISCLOSURE INCLUDES COMPENSATION PAID TO DIRECTORS/OFFICERS IN COLUMNS E & F FROM EBS SUPPORT SERVICES, WHICH IS TECHNICALLY AN UNRELATED ORGANIZATION, AND PROVIDES MANAGEMENT COMPANY SERVICES. THAT DISCLOSURE ON PART VII-SECTION A IS UNDERTAKEN IN FAVOR OF ADDITIONAL TRANSPARANCY GIVEN THE COMPLEXITY OF FILER'S RELATIONSHIPS AND YIELDS A "TRIGGER" FOR THIS SCHEDULE WHICH WOULD OTHERWISE NOT BE APPLICABLE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0EBS SUPPORT SERVICES LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0KEY EMPLOYEES
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: EBS SUPPORT SERVICES, LLC DBA VOQAL (D) DESCRIPTION OF TRANSACTION: REIMBURSEMENT FOR SHARED COSTS EBS SUPPORT SERVICES LLC IS OWNED BY FIVE MEMBERS WHICH ARE ALL NONPROFIT ORGANIZATIONS. PRETC IS A MEMBER OF EBS SUPPORT SERVICES LLC AND HAS A 17.33% INTEREST. EBS SUPPORT SERVICES WAS CREATED FOR THE PURPOSE OF LEASING PERSONNEL AND PROVIDING SHARED ADMINISTRATIVE SERVICES TO ITS MEMBERS. THE APPOINTED MANAGER OF EBS SUPPORT SERVICES IS THE PRESIDENT/CEO OF PRETC. THREE KEY EMPLOYEES OF EBS SUPPORT SERVICES DEVOTE PART OF THEIR TIME TO PRETC BUSINESS: JOHN SCHWARTZ, ADAM MILLER, AND PATRICIA DWYER. PRETC REIMBURSES EBS SUPPORT SERVICES FOR THE COST OF THE LEASED PERSONNEL, INCLUDING KEY EMPLOYEES. THE AMOUNT LISTED ABOVE INCLUDES ALL COMPENSATION AND BENEFITS PAID TO THESE KEY EMPLOYEES ON BEHALF OF PRETC. THE AMOUNT LISTED ABOVE ALSO INCLUDES SALARY AND BENEFITS FOR OTHER SHARED EMPLOYEES AS WELL AS REIMBURSEMENT FOR SUCH ITEMS AS SHARED OFFICE SPACE, EQUIPMENT, AND OTHER OPERATING EXPENSES. TOTAL AMOUNT PAID TO EBS SUPPORT SERVICES: 191,377 PERSONNEL COSTS 116,044 PAYROLL TAXES AND BENEFITS 28,928 OTHER OPERATING EXPENSES 35,516 RENT 10,888
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS ORGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR "CHARITABLE, SCIENTIFIC AND EDUCATION- AND "SOCIAL WELFARE" PURPOSES WITHIN THE MEANING OF SECTIONS 501(C)(3) AND 501(C)(4), RESPECTIVELY, OR THE INTERNAL REVENUE CODE. TO THIS END, THE NONPROFIT SHALL UNDERTAKE ACTIVITIES TO: SUPPORT THE PROVISION OF QUALITY AND DIVERSE INSTRUCTIONAL MEDIA CONTENT AND CAPABILITIES TO EDUCATORS AND STUDENTS, INCLUDING, BUT NOT LIMITED TO, DATA SERVICES AND INSTRUCTIONAL VIDEO PROVIDED TO ACCREDITED EDUCATIONAL INSTITUTIONS AND GOVERNMENTAL ORGANIZATIONS ENGAGED IN THE FORMAL EDUCATION OF ENROLLED STUDENTS; FOSTER OPEN, HONEST AND OUTSPOKEN MEDIA THAT HELP USERS TO BE A POPULAR DEMOCRATIC CHECK ON BOTH GOVERNMENT POWER AND CONCENTRATED PRIVATE PRIVILEGE; EXPAND THE DISSEMINATION OF MEDIA, AND POINTS OF VIEW CARRIED BY THEM, THAT OFFER DISSENTING, ALTERNATIVE, OR CRITICALLY CONSTRUCTIVE INFORMATION AND CONCEPTS TO THE MARKETPLACE OF IDEAS IN BOTH LOCAL AND GLOBAL CONTEXTS; ENGAGE IN ADDITIONAL SOCIAL WELFARE, CHARITABLE, SCIENTIFIC, AND/OR EDUCATIONAL ACTIVITIES AS ARE CONSISTENT WITH OPERATIONS THAT MAY BE UNDERTAKEN BY ORGANIZATIONS DESCRIBED IN, AND THUS EXEMPT FROM TAXATION UNDER, SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE, AS NOW ENACTED OR HEREAFTER AMENDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BACKGROUND: THESE ADDITIONAL, VOLUNTARY DISCLOSURES ARE INTENDED TO GIVE THE INTERESTED READER GREATER INSIGHT INTO HOW AND WHY PORTLAND REGIONAL EDUCATIONAL TELECOMMUNICATIONS CORPORATION D/B/A VOQAL PORTLAND OPERATES ITS NUMEROUS PROGRAMS AND INITIATIVES, BOTH THROUGH ITS OWN EFFORTS AND THROUGH THE LIMITED LIABILITY COMPANIES OF WHICH VOQAL PORTLAND IS PART OWNER. ON BEHALF OF A NUMBER OF NONPROFIT ORGANIZATIONS, VOQAL PORTLAND'S PRESIDENT, JOHN SCHWARTZ, LED AN EFFORT TO APPLY FOR WHAT WERE THEN REFERRED TO AS INSTRUCTIONAL TELEVISION FIXED SERVICE (ITFS ) LICENSES FROM THE FEDERAL COMMUNICATIONS COMMISSION. THOSE APPLICATIONS WERE ORIGINALLY SUBMITTED IN THE EARLY 1980S. MR. SCHWARTZ BELIEVED THAT SEPARATE NONPROFIT ORGANIZATIONS WITH LOCAL BOARDS OF DIRECTORS WOULD BETTER SERVE THE SCHOOLS AND COMMUNITIES COVERED BY THESE LICENSES. IN THE END, FIVE NONPROFITS LED BY MR. SCHWARTZ APPLIED FOR AND RECEIVED A TOTAL OF 11 ITFS LICENSES. TODAY, JOHN SCHWARTZ REMAINS THE PRESIDENT OF THOSE FIVE NONPROFITS, WHICH WILL HEREAFTER BE REFERRED TO AS THE VOQAL NONPROFITS. VOQAL PORTLAND IS ONE OF THOSE FIVE. FOR NEARLY TWO DECADES, VOQAL PORTLAND PROVIDED FREE EDUCATIONAL VIDEO PROGRAMMING TO SCHOOLS VIA ITS FCC-LICENSED ITFS STATION. WHILE DOING SO, IT SHARED SOME OF ITS OVERHEAD AND ADMINISTRATIVE COSTS WITH THE OTHER FOUR VOQAL NONPROFITS, WHICH WERE PROVIDING VERY SIMILAR SERVICE TO THEIR LOCAL COMMUNITIES. THIS APPROACH RESULTED IN SIGNIFICANT COST SAVINGS, ALLOWING VOQAL PORTLAND TO DELIVER BETTER EDUCATIONAL SERVICE. THE SHARING OF PERSONNEL AND OTHER RESOURCES AMONG THE VOQAL NONPROFITS WAS THE BEGINNING OF WHAT WOULD LATER BECOME EBS SUPPORT SERVICES, LLC (EBSSS) - THE UMBRELLA SERVICE ORGANIZATION THAT TODAY PROVIDES PERSONNEL AND OPERATIONAL SUPPORT TO ALL FIVE VOQAL NONPROFITS. TO EXPAND THEIR ABILITY TO SERVE EDUCATION AND OTHERWISE BENEFIT THE PUBLIC, THE VOQAL NONPROFITS ENTERED INTO VARIOUS SPECTRUM USE AGREEMENTS WITH COMMERCIAL TELECOMMUNICATIONS OPERATORS. VOQAL ALLOWED COMMERCIAL FIRMS TO USE THEIR ITFS, AND, LATER, EDUCATIONAL BROADBAND SERVICE (EBS) EXCESS SPECTRUM CAPACITY IN THEIR WIRELESS NETWORKS. IN EXCHANGE, THESE AGREEMENTS PROVIDED SIGNIFICANT FINANCIAL BENEFITS THROUGH SPECTRUM ROYALTY PAYMENTS, AS WELL AS MATERIAL IN-KIND EDUCATIONAL BENEFITS SUCH AS HIGH- SPEED BROADBAND INTERNET ACCOUNTS. THE VOQAL NONPROFITS' CURRENT SPECTRUM AGREEMENTS ARE WITH A SPRINT SUBSIDIARY. WITH THE INCREASED RESOURCES AFFORDED BY THESE MOST RECENT SPECTRUM AGREEMENTS, THE VOQAL NONPROFITS, INCLUDING VOQAL PORTLAND, EXPANDED THE NUMBER AND REACH OF THEIR EDUCATIONAL PROGRAMS TO INCLUDE NEW EDUCATION VENTURES, AFFORDABLE INTERNET SERVICE FOR SCHOOLS AND NONPROFITS, CASH GRANTS, EBS SPECTRUM ADVOCACY, AND MORE. AS IT EXPANDED, VOQAL PORTLAND CONTINUED TO SHARE RESOURCES WITH THE OTHER VOQAL NONPROFITS. FOR THIS REASON, IN 2009 THE FIVE VOQAL NONPROFITS FORMED EBS SUPPORT SERVICES, LLC. VOQAL PORTLAND OWNS 17.33% OF EBS SUPPORT SERVICES, LLC AND REIMBURSES IT FOR THE COST OF LEASED PERSONNEL, AS WELL AS SHARED OFFICE SPACE AND EQUIPMENT. EBSSS, LLC, AS WELL AS THE OTHER LIMITED LIABILITY COMPANIES LISTED BELOW, ARE ALL OWNED EXCLUSIVELY BY THE VOQAL NONPROFITS; THERE ARE NO OTHER OWNERS. IN 2013, TO EXTEND THE RELATIONSHIPS AMONG THE VOQAL NONPROFITS AND GAIN BETTER PUBLIC RECOGNITION FOR SHARED WORK, EBSSS SECURED THE "VOQAL" TRADEMARK AND THE FIVE NONPROFITS, INCLUDING VOQAL PORTLAND, ADOPTED THE VOQAL BRAND. VOQAL HAS STRIVED TO FULFILL THE MISSION OF EBS, FROM ITS BEGINNINGS PROVIDING FREE, ITFS VIDEO TO SCHOOLS TO RECENT EFFORTS TO SUPPORT CHANGE- MAKERS IN EDUCATION. WHILE SOME VOQAL PORTLAND PROGRAMS SERVE WHAT MANY WOULD CONSIDER TRADITIONAL EDUCATIONAL ENTITIES LIKE K-12 SCHOOLS, VOQAL EMBRACES A BROADER VIEW OF EDUCATION AND AIMS TO ENSURE EQUAL ACCESS TO KNOWLEDGE TO FOSTER A STRONGER, HEALTHIER DEMOCRACY. OUR PROGRAMS ARE OFTEN AIMED AT THE ROOT CAUSES THAT BAR ACCESS TO KNOWLEDGE BOTH IN AND OUT OF TRADITIONAL BRI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT SERVICES ARE PROVIDED BY: EBS SUPPORT SERVICES LLC PO BOX 6060 BOULDER, COLORADO 80306
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT OF THE CORPORATION MAY DESIGNATE UP TO TWO DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 990 IS REVIEWED BY THE ORGANIZATION'S ACCOUNTANTS, BUSINESS MANAGER, CFO, AND AT LEAST ONE CORPORATE OFFICER. ADDITIONALLY THE FORM IS PRESENTED TO THE BOARD MEMBERS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EACH RESPONSIBLE PERSON WHO IS A DIRECTOR OR OFFICER HAS A DUTY TO DISCLOSE TO THE BOARD (OR TO ANY COMMITTEE OF THE BOARD THAT IS CONSIDERING A DECISION TO WHICH THE CONFLICT APPLIED) THE MATERIAL FACTS OF ANY PROPOSED TRANSACTION OR ACTION OF THE ORGANIZATION IN WHICH SUCH RESPONSIBLE PERSON HAS ANY CONFLICTS. EACH RESPONSIBLE PERSON WHO IS A STAFF MEMBER, HAS A DUTY TO DISCLOSE TO THE BUSINESS MANAGER OF THE ORGANIZATION AND HIS/HER IMMEDIATE SUPERVISOR THE MATERIAL FACTS OF ANY PROPOSED TRANSACTION OF THE ORGANIZATION IN WHICH SUCH A PERSON HAS ANY CONFLICT. IMPLEMENTATION OF THE CONFLICT OF INTEREST POLICY RELIES ON SUCH DISCLOSURE. A RESPONSIBLE PERSON WHO FAILS TO FOLLOW THE PROTOCOLS ESTABLISHED IN THE CONFLICT OF INTEREST POLICY SHALL BE SUBJECTED TO MEANINGFUL DISCIPLINARY ACTION BY THE BOARD OF DIRECTORS UP TO AND INCLUDING REMOVAL FROM THE BOARD OR THEIR POSITION WITHIN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL SERVICES PERFORMED ARE FROM SHARED EMPLOYEES OF A SHARED SERVICES COMPANY. THIS COMPANY HAS AN OVERSIGHT COMMITTEE MADE UP OF BOARD MEMBERS OF NON-PROFIT ORGANIZATIONS THAT IT SERVES. THIS OVERSIGHT COMMITTEE HAS BEEN CHARGED BY THE NONPROFIT ORGANIZATION BOARDS TO OVERSEE PERSONNEL MATTERS INCLUDING EXECUTIVE AND STAFF COMPENSATION. STAFF PREPARED AN ANNUAL SALARY BENCHMARKING REPORT FOR ALL STAFF POSITIONS AND AN ANNUAL CEO SALARY REVIEW THAT DESCRIBED EACH POSITION AND COMPARED THE POSITION TO THREE SALARY SURVEYS: MOUNTAIN STATES EMPLOYERS COUNCIL MOST RECENT NON- PROFIT/FOUNDATION COMPENSATION, MOUNTAIN STATES EMPLOYERS COUNCIL MOST RECENT COLORADO BENCHMARK COMPENSATION, AND MOST RECENT COLORADO NON-PROFIT ASSOCIATION SALARY AND BENEFITS SURVEY. IN ADDITION, THE SALARY BENCHMARKING REPORT IS REVIEWED PERIODICALLY BY AN INDEPENDENT THIRD PARTY CONTRACTOR TO ENSURE THE USE OF PROPER METHODOLOGY AND ETHICAL STANDARDS. THIS REPORT, THE THIRD PARTY CONTRACTOR REPORT AND SUPPORTING DOCUMENTATION WAS REVIEWED IN DEPTH BY THE OVERSIGHT COMMITTEE WHICH SUMMARIZED ITS REVIEW TO ALL OF THE BOARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SEE THE EXPLANATION SHOWN FOR FORM 990, PART VI, LINE 15A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BOOK/TAX DIFFERENCE-EBS SUPPORT SERVICES LLC 1,809
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART XI, LINE 9
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IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt0INDEPENDENT SPECTRUM LLC
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/EIN0412183115
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/OwnershipPct00.09100
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PredominateIncomeDesc0ROYALTIES
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt0456353
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt0245142
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0PO BOX 6060
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/CityNm0BOULDER
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/ZIPCd080306
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.85$0.10$7.75$0.78$0.80$0.02
2024Detailed filing. Detailed filing data is available for this year.$7.67$0.07$7.60$0.72$0.46$0.26
2023Detailed filing. Detailed filing data is available for this year.$6.63$0.10$6.53$2.09$0.69$1.40
2022Detailed filing. Detailed filing data is available for this year.$5.48$0.18$5.30$1.14$0.90$0.24
2021Detailed filing. Detailed filing data is available for this year.$5.37$0.21$5.16$1.01$1.05$0.04
2020Detailed filing. Detailed filing data is available for this year.$4.64$0.11$4.53$0.74$0.75$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.82$0.06$4.77$0.58$0.48$0.10
2018Detailed filing. Detailed filing data is available for this year.$4.78$0.07$4.71$0.61$0.39$0.22
2017Detailed filing. Detailed filing data is available for this year.$4.51$0.06$4.45$1.08$0.38$0.71
2016Detailed filing. Detailed filing data is available for this year.$4.19$0.06$4.13$0.49$0.35$0.14
2015Summary only. Only limited summary data is available for this year.$4.13$0.07$4.06$0.55$0.33$0.22
2014Summary only. Only limited summary data is available for this year.$3.84$0.03$3.81$0.02$0.35$0.32
2013Summary only. Only limited summary data is available for this year.$3.47$0.09$3.38$0.42$0.35$0.06
2012Summary only. Only limited summary data is available for this year.$3.23$0.06$3.17$0.48$0.42$0.06