Civic Intelligence

5 Media Inc

990 • Fiscal year 2023 • EIN 92-2969626

Mar 14, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

595 Pacific Avenue Floor 4 5San Francisco, CA 94133

(408) 921-8338

Siviq Scores

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

Liabilities / Assets

99th percentile

5.59x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.25x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-103%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$106,031

No earlier filing loaded for comparison.

Net Assets

-$486,338

No earlier filing loaded for comparison.

Liabilities

$592,369

No earlier filing loaded for comparison.

Revenue

$473,735

No earlier filing loaded for comparison.

Expenses

$960,073

No earlier filing loaded for comparison.

Net Income

-$486,338

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2023: $106,031Liabilities 2023: $592,369Net Assets 2023: -$486,3382023Assets 2024: $108,852Liabilities 2024: $745,185Net Assets 2024: -$636,3332024

Highlighted filing

2023

Assets$106,031
Liabilities$592,369
Net Assets-$486,338

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2023: $473,735Expenses 2023: $960,073Net Income 2023: -$486,3382023Revenue 2024: $1,673,351Expenses 2024: $1,744,055Net Income 2024: -$70,7042024

Highlighted filing

2023

Revenue$473,735
Expenses$960,073
Net Income-$486,338
Jump To
Filing Snapshot
Filing Period
Mar 14, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$476,255
Mission and Program Overview

Mission

The objective is to create an engaged community that acts to shape a sustainable future. We want to inspire, encourage and empower people to imagine, to connect and to take action in creating a brighter path forward.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$106,031-
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$-486,338▼ $486,338
Total Assets$0$106,031▲ $106,031
Liabilities
Accounts Payable and Accrued Expenses$0$592,369▲ $592,369
Total Liabilities$0$592,369▲ $592,369
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$-486,338▼ $486,338
Total Liabilities and Net Assets / Fund Balance$0$106,031▲ $106,031

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$8,000$8,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
David DevereCEO
Justin P CadelagoExecutive Management
Callie MulgannonSocial Media Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$475,332
Program Service Revenue
$0
Investment Income
$-1,597
Other Revenue
$0
All Other Contributions
$475,332
Change in Net Assets
$-486,338
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$960,073
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
Fees for Services Management-$513,539-$513,539
Occupancy-$49,035-$49,035
Fees for Services Other-$46,172-$46,172
All Other Expenses$27,387$17,684-$45,071
Other Expenses$20,212--$20,212
Advertising-$19,500-$19,500
Travel-$14,175-$14,175
Depreciation Depletion-$8,000-$8,000
Office Expenses-$4,127-$4,127
Fees for Services Legal-$2,400-$2,400
Information Technology-$1,538-$1,538
Total Functional Expenses$283,903$676,170$0$960,073
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Fundraising-00-
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
-Officer and Employee of Blink Imapct USACompensation ReimbursementNo$104,372
-Officer and Employee of Blink Imapct USACompensation ReimbursementNo$87,379
-Officer and Employee of Blink Imapct USACompensation ReimbursementNo$45,833
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

5 media inc. Is one of the 3 entities of the 5 media group of companies. Besides the usa based 5 media inc., there is the dutch foundation, stichting 5 media and also the danish foundation 5 media fonden. Each entity operates independantly from the other two towards the common goals and objectives of 5 media. But, the board of directors of all the 3 entities have (annual) meetings in which the collective goals, strategy and budget are determined. The decision of these (annual) meetings are subject to the approval of all the attendees of this meeting. In total there are 5 people on the board of directors of all 3 entities of the 5 media group companies.

Form 990, Part VI, Section A, Line 7B

5 media inc. Is one of the 3 entities of the 5 media group of companies. Besides the usa based 5 media inc., there is the dutch foundation, stichting 5 media and also the danish foundation 5 media fonden. Each entity operates independantly from the other two towards the common goals and objectives of 5 media. But, the board of directors of all the 3 entities have (annual) meetings in which the collective goals, strategy and budget are determined. The decision of these (annual) meetings are subject to the approval of all the attendees of this meeting. In total there are 5 people on the board of directors of all 3 entities of the 5 media group companies.

Form 990, Part VI, Section B, Line 11B

The board of trustees has delegated its audit committee the responsibility to review and approve the form 990 prior to filing. Subsequent to the approval of the audit committee, and prior to filing, a copy of the form 990 is forwarded to all members of the board of trustees for their review.

Form 990, Part VI, Section B, Line 12C

The company maintains policies that are designed to protect its interests, as well as the interests of the employees who depend upon the company's ongoing success as a means of providing a basis for continued employment. Employees at all levels throughout the organization are therefore required to comply with this conflict of interest policy. This policy recognizes that employers have the right to insist upon the undivided loyalty of their employees throughout their employment.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and conflicts of interest policy, the organization's financial statements are available on it's website.

Filing and Contact Details

Filer

Filer Name
5 Media Inc
EIN
92-2969626
Phone
4089218338
Address
595 PACIFIC AVENUE FLOOR 4 5, SAN FRANCISCO, CA 94133
Doing Business As
Imagine5

Signing Officer

Name
Ali Omran
Title
CEO
Phone
4089218338
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Devere
Formed
2023
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Eisner Advisory Group LLC
Address
111 WOOD AVENUE SOUTH, ISELIN, NJ 08830-2700
Preparer
Douglas Tapp
Phone
7322437000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Events: program service expenses 16,378. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,378. Representation: program service expenses 0. Management and general expenses 8,309. Fundraising expenses 0. Total expenses 8,309. Freelance journalist: program service expenses 6,959. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,959. Some usa: program service expenses 0. Management and general expenses 5,300. Fundraising expenses 0. Total expenses 5,300. Freelance others: program service expenses 4,050. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,050. Cleaning expenses: program service expenses 0. Management and general expenses 2,000. Fundraising expenses 0. Total expenses 2,000. Subscriptions: program service expenses 0. Management and general expenses 1,214. Fundraising expenses 0. Total expenses 1,214. Phone expenses: program service expenses 0. Management and general expenses 642. Fundraising expenses 0. Total expenses 642. Bank fees: program service expenses 0. Management and general expenses 205. Fundraising expenses 0. Total expenses 205. Travel insurance: program service expenses 0. Management and general expenses 14. Fundraising expenses 0. Total expenses 14.

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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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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt05 MEDIA INC. IS ONE OF THE 3 ENTITIES OF THE 5 MEDIA GROUP OF COMPANIES. BESIDES THE USA BASED 5 MEDIA INC., THERE IS THE DUTCH FOUNDATION, STICHTING 5 MEDIA AND ALSO THE DANISH FOUNDATION 5 MEDIA FONDEN. EACH ENTITY OPERATES INDEPENDANTLY FROM THE OTHER TWO TOWARDS THE COMMON GOALS AND OBJECTIVES OF 5 MEDIA. BUT, THE BOARD OF DIRECTORS OF ALL THE 3 ENTITIES HAVE (ANNUAL) MEETINGS IN WHICH THE COLLECTIVE GOALS, STRATEGY AND BUDGET ARE DETERMINED. THE DECISION OF THESE (ANNUAL) MEETINGS ARE SUBJECT TO THE APPROVAL OF ALL THE ATTENDEES OF THIS MEETING. IN TOTAL THERE ARE 5 PEOPLE ON THE BOARD OF DIRECTORS OF ALL 3 ENTITIES OF THE 5 MEDIA GROUP COMPANIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15 MEDIA INC. IS ONE OF THE 3 ENTITIES OF THE 5 MEDIA GROUP OF COMPANIES. BESIDES THE USA BASED 5 MEDIA INC., THERE IS THE DUTCH FOUNDATION, STICHTING 5 MEDIA AND ALSO THE DANISH FOUNDATION 5 MEDIA FONDEN. EACH ENTITY OPERATES INDEPENDANTLY FROM THE OTHER TWO TOWARDS THE COMMON GOALS AND OBJECTIVES OF 5 MEDIA. BUT, THE BOARD OF DIRECTORS OF ALL THE 3 ENTITIES HAVE (ANNUAL) MEETINGS IN WHICH THE COLLECTIVE GOALS, STRATEGY AND BUDGET ARE DETERMINED. THE DECISION OF THESE (ANNUAL) MEETINGS ARE SUBJECT TO THE APPROVAL OF ALL THE ATTENDEES OF THIS MEETING. IN TOTAL THERE ARE 5 PEOPLE ON THE BOARD OF DIRECTORS OF ALL 3 ENTITIES OF THE 5 MEDIA GROUP COMPANIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES HAS DELEGATED ITS AUDIT COMMITTEE THE RESPONSIBILITY TO REVIEW AND APPROVE THE FORM 990 PRIOR TO FILING. SUBSEQUENT TO THE APPROVAL OF THE AUDIT COMMITTEE, AND PRIOR TO FILING, A COPY OF THE FORM 990 IS FORWARDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPANY MAINTAINS POLICIES THAT ARE DESIGNED TO PROTECT ITS INTERESTS, AS WELL AS THE INTERESTS OF THE EMPLOYEES WHO DEPEND UPON THE COMPANY'S ONGOING SUCCESS AS A MEANS OF PROVIDING A BASIS FOR CONTINUED EMPLOYMENT. EMPLOYEES AT ALL LEVELS THROUGHOUT THE ORGANIZATION ARE THEREFORE REQUIRED TO COMPLY WITH THIS CONFLICT OF INTEREST POLICY. THIS POLICY RECOGNIZES THAT EMPLOYERS HAVE THE RIGHT TO INSIST UPON THE UNDIVIDED LOYALTY OF THEIR EMPLOYEES THROUGHOUT THEIR EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY, THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON IT'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EVENTS: PROGRAM SERVICE EXPENSES 16,378. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,378. REPRESENTATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,309. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,309. FREELANCE JOURNALIST: PROGRAM SERVICE EXPENSES 6,959. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,959. SOME USA: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,300. FREELANCE OTHERS: PROGRAM SERVICE EXPENSES 4,050. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,050. CLEANING EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,000. SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,214. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,214. PHONE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 642. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 642. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 205. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 205. TRAVEL INSURANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 14. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1DE
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt0106031
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0106031
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0475332
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0676170
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0283903
IRS990/TotalFunctionalExpensesGrp/TotalAmt0960073
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0592369
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0592369
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-486338
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0131876
IRS990/TotalProgramServiceExpensesAmt0283903
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-1597
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0473735
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0106031
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt014175
IRS990/TravelGrp/TotalAmt014175
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0595 PACIFIC AVENUE
IRS990/USAddress/CityNm0SAN FRANCISCO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094133
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0HTTPS://IMAGINE5.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALI OMRAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04089218338
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt05 MEDIA INC
ReturnHeader/Filer/BusinessNameControlTxt05MED
ReturnHeader/Filer/EIN0922969626
ReturnHeader/Filer/PhoneNum04089218338
ReturnHeader/Filer/USAddress/AddressLine1Txt0595 PACIFIC AVENUE FLOOR 4 5
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094133
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0871353108
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EISNER ADVISORY GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 WOOD AVENUE SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ISELIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0088302700
ReturnHeader/PreparerPersonGrp/PhoneNum07322437000
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS TAPP
ReturnHeader/ReturnTs02024-11-15T16:00:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-03-14
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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