Civic Intelligence

Independent Broadcasters Association Inc

990 • Fiscal year 2024 • EIN 85-2195882

Jan 01, 2024 to Dec 31, 2024 • Filed on Jan 29, 2025

Organization ProfileWWW.IBA.MEDIA
16221 Harvard LnLakeville, MN 55044

(651) 387-2225

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.00x

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

3rd percentile

-134%

Higher net margin than 3% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

3rd percentile

-75%

Faster asset growth than 3% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-56%

Faster revenue growth than 4% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$20,204

Down $61,361 (-75%) from 2023

Net Assets

Down

$20,204

Down $61,361 (-75%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin3rd percentile

Revenue

Down

$45,943

Down $58,369 (-56%) from 2023

Expenses

Down

$107,304

Down $12,640 (-11%) from 2023

Net Income

Down

-$61,361

Down $45,729 (-293%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$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

2024

Assets$20,204
Liabilities$0
Net Assets$20,204
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this 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

2024

Revenue$45,943
Expenses$107,304
Net Income-$61,361
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 29, 2025
Return Version
2024v5.0
Gross Receipts
$207,228
Mission and Program Overview

Mission

Business facilitator for independent radio stations

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$80,365$19,404▼ $60,961
Accounts Receivable$1,200$800▼ $400
Total Assets$81,565$20,204▼ $61,361
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$81,565$20,204▼ $61,361
Total Net Assets Fund Balance$81,565$20,204▼ $61,361
Total Liabilities and Net Assets / Fund Balance$81,565$20,204▼ $61,361

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,439$2,439
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
Ron StonePresident &
Aaron WilbornDirector
Gary BerkowitzDirector
Keith ClarkDirector
Kristin CantrellDirector
Patrick PfiefferDirector
Steve ClendeninDirector
Tony RendaDirector
Wesley CoxDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$74,928
Investment Income
$0
Other Revenue
$-28,985
Change in Net Assets
$-61,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,304
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$71,687--$71,687
Office Expenses$13,826--$13,826
Insurance$13,667--$13,667
Fees for Services Legal$3,256--$3,256
Other Expenses$3,126--$3,126
Fees for Services Accounting$1,219--$1,219
Conferences and Meetings$523--$523
Total Functional Expenses$107,304$0$0$107,304
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$161,285
Fundraising Gross Income$132,300
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cash Contests$132,300$132,300$41,285$91,015
Total Events$132,300$132,300$161,285$-28,985
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
2025-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Stone
Formed
2020
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-29
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
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ReturnHeader/PreparerPersonGrp/PhoneNum09528947880
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM DECKNATEL CPA
ReturnHeader/ReturnTs02025-01-29T09:58:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,204
Liabilities
$0
Net assets
$20,204
Revenue
$45,943
Expenses
$107,304
Net income
-$61,361
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