Civic Intelligence

Independent Broadcasters

EIN 85-2195882 • 501(c)6 • Lakeville, MN

Profile

Business facilitator for independent radio stations

16221 Harvard LnLakeville, MN 55044

www.iba.media

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

79th percentile

19%

Higher net margin than 79% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

21st percentile

-25%

Faster asset growth than 21% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

37th percentile

-6.5%

Faster revenue growth than 37% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$42,868

Up $22,664 (+112%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$42,868

Up $22,664 (+112%) from 2024

Operations
Liabilities / Revenue50th percentileNet Margin79th percentile

Revenue

Up

$121,986

Up $76,043 (+166%) from 2024

Expenses

Down

$99,322

Down $7,982 (-7.4%) from 2024

Net Income

Up

$22,664

Up $84,025 (+137%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2020: $128,807Liabilities 2020: $26,250Net Assets 2020: $102,5572020Assets 2021: $185,210Liabilities 2021: $47,999Net Assets 2021: $137,2112021Assets 2022: $100,166Liabilities 2022: $2,969Net Assets 2022: $97,1972022Assets 2023: $81,565Liabilities 2023: $0Net Assets 2023: $81,5652023Assets 2024: $20,204Liabilities 2024: $0Net Assets 2024: $20,2042024Assets 2025: $42,868Liabilities 2025: $0Net Assets 2025: $42,8682025

Highlighted filing

2025

Assets$42,868
Liabilities$0
Net Assets$42,868
Open 2025 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2020: $157,850Expenses 2020: $55,293Net Income 2020: $102,5572020Revenue 2021: $260,187Expenses 2021: $225,533Net Income 2021: $34,6542021Revenue 2022: $149,150Expenses 2022: $189,164Net Income 2022: -$40,0142022Revenue 2023: $104,312Expenses 2023: $119,944Net Income 2023: -$15,6322023Revenue 2024: $45,943Expenses 2024: $107,304Net Income 2024: -$61,3612024Revenue 2025: $121,986Expenses 2025: $99,322Net Income 2025: $22,6642025

Highlighted filing

2025

Revenue$121,986
Expenses$99,322
Net Income$22,664
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42,868
Liabilities
$0
Net assets
$42,868
Revenue
$121,986
Expenses
$99,322
Net income
$22,664
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$1.22$0.99$0.23
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.46$1.07$0.61
2023Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$1.04$1.20$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.00$0.03$0.97$1.49$1.89$0.40
2021Detailed filing. Detailed filing data is available for this year.$1.85$0.48$1.37$2.60$2.26$0.35
2020Detailed filing. Detailed filing data is available for this year.$1.29$0.26$1.03$1.58$0.55$1.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 12, 2026
Return Version
2025v4.0
Gross Receipts
$219,001
Mission and Program Overview

Mission

Business facilitator for independent radio stations

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,404$24,868▲ $5,464
Accounts Receivable$800$18,000▲ $17,200
Total Assets$20,204$42,868▲ $22,664
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,204$42,868▲ $22,664
Total Net Assets Fund Balance$20,204$42,868▲ $22,664
Total Liabilities and Net Assets / Fund Balance$20,204$42,868▲ $22,664

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,439$2,439
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
Ron StonePresident &
Gary BerkowitzDirector
Gregg SkallDirector
Keith ClarkDirector
Patrick PfeifferDirector
Steve ClendeninDirector
Tony RendaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$78,501
Investment Income
$0
Other Revenue
$43,485
Change in Net Assets
$22,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,322
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$71,716--$71,716
Office Expenses$13,339--$13,339
Insurance$8,123--$8,123
Fees for Services Legal$2,094--$2,094
Fees for Services Accounting$950--$950
Other Expenses$381--$381
Total Functional Expenses$99,322$0$0$99,322
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$140,500
Fundraising Direct Expenses$97,015
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cash Contests$140,500$140,500$27,015$113,485
Total Events$140,500$140,500$97,015$43,485
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the return will be reviewed by board members.”

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

“Board discussion and approval”

Form 990, Page 6, Part VI, Line 19

“Available to public upon request”

Filing and Contact Details

Filer

Filer Name
Independent Broadcasters
EIN
85-2195882
Phone
6513872225
Address
16221 HARVARD LN, LAKEVILLE, MN 55044

Signing Officer

Name
Ron Stone
Title
President & Exec Director
Phone
6513872225
Signed
2026-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Stone
Formed
2020
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Enestvedt & Christensen Llp
Address
200 HIGHWAY 13 W STE 200, BURNSVILLE, MN 55337-2549
Preparer
Adam Decknatel CPA
Phone
9528947880
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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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Document Assets

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