Civic Intelligence

Kqed Inc.

990 • Fiscal year 2016 • EIN 94-1241309

Oct 01, 2015 to Sep 30, 2016 • Filed on Aug 10, 2017

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2601 Mariposa StreetSan Francisco, CA 94110-1400

(415) 864-2000

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.11x

Higher debt load relative to assets than 23% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

22nd percentile

0.19x

Higher debt load relative to revenue than 22% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Net Margin

67th percentile

7.5%

Higher net margin than 67% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

59th percentile

$574,279

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Asset Growth

74th percentile

7.7%

Faster asset growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

53rd percentile

3.5%

Faster revenue growth than 53% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Assets

Up

$143,814,803

Up $10,322,460 (+7.7%) from 2015

Net Assets

Up

$128,452,373

Up $9,046,230 (+7.6%) from 2015

Liabilities

Up

$15,362,430

Up $1,276,230 (+9.1%) from 2015

Revenue

Up

$82,030,389

Up $2,770,827 (+3.5%) from 2015

Expenses

Up

$75,864,373

Up $5,039,987 (+7.1%) from 2015

Net Income

Down

$6,166,016

Down $2,269,160 (-27%) from 2015

Historical Trend

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2012: $110,268,988Liabilities 2012: $11,134,828Net Assets 2012: $99,134,1602012Assets 2013: $122,805,316Liabilities 2013: $11,997,094Net Assets 2013: $110,808,2222013Assets 2014: $131,151,221Liabilities 2014: $15,245,392Net Assets 2014: $115,905,8292014Assets 2015: $133,492,343Liabilities 2015: $14,086,200Net Assets 2015: $119,406,1432015Assets 2016: $143,814,803Liabilities 2016: $15,362,430Net Assets 2016: $128,452,3732016Assets 2017: $249,062,282Liabilities 2017: $16,606,343Net Assets 2017: $232,455,9392017Assets 2018: $246,449,309Liabilities 2018: $18,389,020Net Assets 2018: $228,060,2892018Assets 2019: $278,519,073Liabilities 2019: $21,372,480Net Assets 2019: $257,146,5932019Assets 2020: $304,837,195Liabilities 2020: $38,425,894Net Assets 2020: $266,411,3012020Assets 2022: $310,267,088Liabilities 2022: $23,865,536Net Assets 2022: $286,401,5522022Assets 2024: $357,038,039Liabilities 2024: $26,149,619Net Assets 2024: $330,888,4202024

Highlighted filing

2016

Assets$143,814,803
Liabilities$15,362,430
Net Assets$128,452,373

Operations Trend

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

$200M$150M$100M$50M$0-$50MExpenses 2012: $60,346,3842012Expenses 2013: $61,827,6722013Revenue 2014: $69,762,856Expenses 2014: $67,381,447Net Income 2014: $2,381,4092014Revenue 2015: $79,259,562Expenses 2015: $70,824,386Net Income 2015: $8,435,1762015Revenue 2016: $82,030,389Expenses 2016: $75,864,373Net Income 2016: $6,166,0162016Revenue 2017: $181,147,626Expenses 2017: $81,269,351Net Income 2017: $99,878,2752017Revenue 2018: $89,451,637Expenses 2018: $95,541,003Net Income 2018: -$6,089,3662018Revenue 2019: $121,484,926Expenses 2019: $89,438,098Net Income 2019: $32,046,8282019Revenue 2020: $103,418,209Expenses 2020: $91,988,688Net Income 2020: $11,429,5212020Revenue 2022: $109,654,912Expenses 2022: $100,998,425Net Income 2022: $8,656,4872022Revenue 2024: $108,945,764Expenses 2024: $113,016,769Net Income 2024: -$4,071,0052024

Highlighted filing

2016

Revenue$82,030,389
Expenses$75,864,373
Net Income$6,166,016
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Aug 10, 2017
Return Version
2015v3.0
Gross Receipts
$89,232,563
Mission and Program Overview

Mission

To provide informative, educational, engaging and entertaining public media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$62,670,826$69,054,349▲ $6,383,523
Land, Buildings, and Equipment, Net$37,059,547$37,524,646▲ $465,099
Savings and Temporary Cash Investments$22,116,223$19,766,236▼ $2,349,987
Pledges and Grants Receivable$4,351,790$8,861,993▲ $4,510,203
Accounts Receivable$1,260,583$2,502,912▲ $1,242,329
Investments Other Securities$2,435,184$2,393,691▼ $41,493
Intangible Assets$2,343,386$2,257,591▼ $85,795
Prepaid Expenses and Deferred Charges$1,073,859$1,176,091▲ $102,232
Inventories for Sale or Use$140,895$222,169▲ $81,274
Cash and Non-Interest-Bearing Accounts$600$900▲ $300
Total Assets$133,492,343$143,814,803▲ $10,322,460
Other Assets Total$39,450$54,225▲ $14,775
Liabilities
Accounts Payable and Accrued Expenses$10,875,885$11,778,102▲ $902,217
Other Liabilities$2,742,589$3,016,376▲ $273,787
Deferred Revenue$467,726$567,952▲ $100,226
Total Liabilities$14,086,200$15,362,430▲ $1,276,230
Net Assets / Fund Balance
Unrestricted Net Assets$80,588,477$83,635,639▲ $3,047,162
Temporarily Rstr Net Assets$22,493,790$28,496,289▲ $6,002,499
Permanently Rstr Net Assets$16,323,876$16,320,445▼ $3,431
Total Net Assets Fund Balance$119,406,143$128,452,373▲ $9,046,230
Total Liabilities and Net Assets / Fund Balance$133,492,343$143,814,803▲ $10,322,460

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,195,088$32,177,819$48,372,907
Buildings$19,871,344$14,279,848$34,151,192
Land$1,269,691-$1,269,691
Other Land Buildings$188,523-$188,523

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$56,616,773$1,575,445▲ $5,712,519$2,677,138$61,227,599
2014$57,253,306$3,021,398▼ $1,341,482$2,316,449$56,616,773
2013$51,815,085$2,895,514▲ $4,557,627$2,014,920$57,253,306
2012$44,122,426$3,438,376▲ $6,010,974$1,756,691$51,815,085
2011$33,469,920$5,355,045▲ $6,849,666$1,552,205$44,122,426
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John BolandPresident & CEOFT$410,326$163,953$574,279
Kevin MartinSr. Vice President & COOFT$243,983$45,791$289,774
Sarah SawyerLocal Marketing DirectorFT$274,476$14,742$289,218
David ShimadaDirector, Corp. Support General SalesFT$261,724$26,509$288,233
David ShimadaDirector, Corp. Support General Sale-$261,724$26,509$288,233
Elizabeth SeirmarcoLocal Marketing DirectorFT$245,599$36,028$281,627
Michael IsipSr. VP & Chief Content OfficerFT$233,877$42,836$276,713
Mitzie KelleyChief Financial OfficerFT$202,620$56,383$259,003
Laureen ChangLocal Marketing DirectorFT$230,271$21,311$251,582
William LoweryGen. Counsel & Corp. SecretaryFT$195,360$55,778$251,138
Michael LupetinVP Marketing & BrandFT$197,827$48,477$246,304
Traci EckelsChief Development OfficerFT$201,274$43,999$245,273
Jo Anne WallaceGm Kqed Rado, VP Tv & Radio ProgrammingFT$208,954$20,544$229,498
Jo Anne WallaceGm Kqed Rado, VP Tv & Radio Programm-$186,997$42,501$229,498
Sidney ChiuEngineerFT$78,937$145,706$224,643
Joanne CarderVP Hr & Labor RelationsFT$174,357$41,139$215,496
Tim OlsonVP Digital Media & EducationFT$156,528$51,691$208,219
Daniel ManserghChief Technology OfficerFT$172,774$30,664$203,438
Holly KernanExec. Editor, NewsFT$169,293$19,764$189,057
Delinda MrowkaVP Corp. SponsorshipFT$156,679$10,189$166,868

Board Members and Trustees

NameTitle
Mark PerryBoard Chair
John BuoymasterComm Chair & Nominating Comm
ANN O'LEARYCommittee Chair
Ed ProhaskaCommittee Chair
Edward LichtyCommittee Chair
Jay YamadaCommittee Chair
Raj PherwaniCommittee Chair
Hank BarryTask Force Chair
John YostTask Force Chair
Nancy SerrurierTask Force Chair
Brian CheuBoard Member
Bruce ChizenBoard Member
Charley MooreBoard Member
Daphne LiBoard Member
Jose RiveroBoard Member
Julia LopezBoard Member
Larry BaerBoard Member
Mike RamsayBoard Member
Mohammad QayoumiBoard Member
Nancy FareseBoard Member
Ray BinghamBoard Member
Roselyne SwigBoard Member
Chuck KissnerExecutive Comm & Nominating Comm
Ali RosenthalExecutive Committee
Camilla SmithExecutive Committee
Simone Otus CoxeExecutive Committee
Lee CaraherNominating Committee
Scott DettmerNominating Committee

Highest Paid Contractors

ContractorServicesLocationCompensation
Carl Bloom Associates INCFundraising Services81 MAIN STREET 1ST FL, White Plains, NY 10601$1,511,578
Mwi Web INCPrinting And Mailing Services4900 SUPERIOR STREET, Lincoln, NE 68504$394,458
Nielsen Media ResearchViewers In Profile Report And Station InPO BOX 88961, Chicago, IL 60695$364,147
Folger Levin LLPLegal Services199 FREMONT STREET 2ND FLOOR, San Francisco, CA 94105$315,015
Acd Direct INCCall Center Used For Pledge Overflow1353 NORTH 1075 WEST SUITE 6, Farmington, UT 84025$296,623
Revenue and Support

Revenue Composition

Contributions and Grants
$63,108,662
Program Service Revenue
$15,521,442
Investment Income
$2,810,808
Other Revenue
$589,477
All Other Contributions
$57,317,497
Change in Net Assets
$6,166,016

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles5,574$2,533,018Fair Market Value
Securities Publicly Traded139$1,865,122Fair Market Value
Other Non Cash Contri Table203$453,891Fair Market Value
Total Noncash Contributions5,916$4,852,031-

Audited Revenue Reconciliation

Revenue per Audited Statements
$81,763,153
Revenue Not Reported on Financial Statements
$267,236
Revenue Not Reported on Form 990
$4,424,264
Other Revenue Adjustments
$-1,120
Total Revenue per Audited Statements
$86,187,417
Total Revenue per Form 990
$82,030,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$41,908,461
Other Expenses$32,385,536
Total Fundraising Expense$16,993,534
Professional Fundraising Fees$1,570,376
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,150,690$3,961,467$5,265,234$28,377,391
Other Employee Benefits$4,060,746$1,233,172$1,096,600$6,390,518
Depreciation Depletion$3,811,509$340,800$554,752$4,707,061
Fees for Services Other$3,164,559$342,438$583,263$4,090,260
Occupancy$2,896,559$313,140$188,962$3,398,661
Current Officers, Directors, Trustees, and Key Employees$1,077,634$1,495,774$633,268$3,206,676
Office Expenses$1,065,121$234,354$1,813,927$3,113,402
Other Expenses$546-$3,044,956$3,045,502
Payroll Taxes$1,633,395$505,455$479,026$2,617,876
Fees for Services Professional Fundraising--$1,570,376$1,570,376
Information Technology$1,198,700$104,021$251,516$1,554,237
Pension Plan Contributions$821,104$254,091$240,805$1,316,000
All Other Expenses$398,032$181,715$494,375$1,074,122
Advertising$359,776-$596,164$955,940
Fees for Services Legal$3,105$522,149$20,006$545,260
Travel$328,619$70,624$70,496$469,739
Fees for Service Investment Mgmnt Fees-$268,356-$268,356
Conferences and Meetings$128,378$61,898$52,867$243,143
Insurance$139,153$41,305$23,316$203,774
Fees for Services Accounting-$121,000-$121,000
Royalties$113,248--$113,248
Fees for Services Lobbying-$39,450$13,625$53,075
Interest-$2,015-$2,015
Total Functional Expenses$48,777,615$10,093,224$16,993,534$75,864,373

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$77,141,187
Total Expenses per Form 990$75,864,373
Expenses per Audited Statements$75,596,017
Expenses Not Reported on Form 990$1,545,170
Expenses Not Reported on Financial Statements$268,356
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,570,376
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Obligation$1,727,680
Accrued Broadcast Rights$1,288,696
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The process for reviewing the kqed form 990 prior to filing included a live meeting and presentation by the organization's cpa firm to the audit committee, a review by the controller, cfo, and the audit committee of the board. The audit committee approved the form 990. The form 990, as approved by the audit committee, was provided to all voting members of the board prior to filing.

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

In accordance with the organization's conflict of interest policy, all directors, officers, and key employees fill out and sign a conflict of interest disclosure form, which is reviewed and maintained in the general counsel's office. Key employees and officers fill out the conflict of interest disclosure form annually. Board of directors fill out the conflict of interest disclosure form when their initial term commences, and then are asked annually to report any changes that would give rise to a conflict of interest. If a conflict of interest were to arise, the key employee, officer or board member with the conflict would be recused from the decision making.

Form 990, Part VI, Section B, Line 15

The executive committee of the board is responsible for reviewing the compensation of the president/ceo, and it makes recommendations to the board of directors, who approved any such compensation. The officer is recused from any discussion and vote. The process followed by the board to develop and approve the compensation package for the president/ceo included the review of data on comparable compensation packages and recommendations, prepared by an outside consultant. Based on the data and recommendations from the consultant as well as an evaluation of the president/ceo's performance against previously set goals, the executive committee deliberated and agreed upon recommendations to the board. The full board deliberated about the compensation package based on the recommendations from the executive committee and approved the salary for the president/ceo. In determining salaries for other officers and key employees, kqed's president/ceo and its vp of human resources and labor relations, analyze data from relevant compensation surveys, including the executive compensation survey sponsored by weta, and the executive compensation for pbs station survey. In addition, they have discussion with contemporaries at similarly situated public broadcasting stations concerning compensation for key employees in comparable positions. Finally, they consider the historical and current compensation paid by kqed for comparable positions, as well as the skills and experience of the individual employee.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request for the same period of time set forth in 26 u.s. Code 6104(d). Condensed financial information is also made available to the public via the annual kqed report to the community, which is posted on the organization's website in addition to its form 990 and audited financial statements.

FORM 990, PART VIII, LINE 1E:

Corporation for public broadcasting is a private, not-for-profit corporation which receives appropriations from congress which it distributes to support a national policy for growth and development of radio and television broadcasting.

Filing and Contact Details

Filer

Filer Name
Kqed Inc
EIN
94-1241309
Phone
4158642000
Address
2601 MARIPOSA STREET, SAN FRANCISCO, CA 94110-1400

Signing Officer

Name
Mitzie Kelley
Title
CFO
Phone
4158642000
Signed
2017-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Boland
Formed
1954
Legal Domicile
CA
Voting Board Members
28
Independent Board Members
28
Employees
544
Volunteers
2,441

Preparer

Firm
Hood & Strong Llp
Address
275 BATTERY ST STE 900, SAN FRANCISCO, CA 94111
Preparer
Maga E Kisriev
Phone
4157810793
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Kqed is for everyone who wants to be more. Our television, radio, digital media and educational services change lives for the better and help individuals and communities achieve their full potential. Kqed serves the people of northern california with a community-supported alternative to commercial media. We provide citizens with the knowledge they need to make informed decisions, convene community dialogue, bring the arts to everyone, and engage audiences to share their stories. We help students and teachers thrive in 21st century classrooms, and take people of all ages on journeys of exploration, exposing them to new people, places and ideas. We celebrate diversity, embrace innovation, value lifelong learning and partner with those who share our passion for public service.

FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:

Kqed 9 is one of the nation's most-watched public television stations with an average of 871,000 weekly viewers in the san francisco-oakland-san jose market. Kqed owns and operates public television stations kqed-tv/dt channel 9 (san francisco), kqeh-tv/dt channel 54 (san jose), and kqet-tv/dt channel 25 (watsonville/monterey). Kqed's digital television channels include kqed 9, kqed plus, kqed life, kqed world, kqed kids and kqed v-me, and are available 24/7 over the air and on comcast. Since first going on the air in 1954, kqed has been an integral part of the bay area's media and cultural landscape. The station produces its own unique local and national programs and collaborates with filmmakers and documentary producers to present more independent programming than any other public television station in the nation. Kqed public television is committed to producing, co-producing and presenting content that serves the people of northern california and beyond. In 2016, kqed continued to broadcast locally produced series showcasing different aspects of life in the bay area. Programs included check, please! Bay area, where local diners review their favorite bay area restaurants, in its eleventh season. Kqed also produced a fourth season of the nationally distributed film school shorts, featuring short student films from top u.s. Film schools, and presented a fifth season of equal time, a series co-produced with the school of journalism and mass communications at san jose state university and designed to look in-depth at issues of importance to californians. Additionally, the fifth season of revolutionaries, a television series produced by the computer history museum in association with kqed silicon valley, aired in 2016 and featured conversations with tech luminaries. Kqed was also a leader in presenting independent productions to nationwide audiences. The new environmentalists, joanne weir gets fresh, roadtrip nation, jacques pepin heart & soul, and joseph rosendo's travelscope were just some of the programs that kqed supported in finding distribution and national audiences. In 2016, kqed public television received eight northern california emmy awards (including two in multimedia/web categories), two awards from the society of professional journalists of northern california and two radio television digital news association edward r. Murrow regional awards.

FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS:

Kqed public radio is among the most-listened-to public radio stations in the nation, with an average of 763,200 weekly radio listeners in the san francisco metro survey area, and an additional 24,000 in the sacramento area. Kqed owns and operates public radio (88.5 fm san francisco and 89.3 fm sacramento). Its award-winning news and public affairs program service can be heard on 88.5 fm or comcast channel 960 in san francisco, kqei 89.3 fm in sacramento, 88.3 fm in santa rosa and 88.1 fm in martinez. Kqed public radio broadcasts many of npr's stellar programs. Kqed public radio also produces a significant number of local programs and series, including the award-winning forum (more than 500 new shows in 2016); the california report, the statewide weekday morning news report and weekly 30-minute news magazine carried by more than 30 stations in california; the do list, a weekly look at upcoming arts offerings and events; weekly kqed science radio reports, and 18 weekday kqed news reports. Kqed public radio presented content from the commonwealth club of california, the world affairs council, city arts and lectures and the computer history museum. It also broadcast radio versions of two kqed television program - check, please! Bay area and kqed newsroom. Kqed public radio continued to embrace 21st-century media techniques in 2016, serving the san francisco bay area with content through a wide array of on-demand online services, including accompanying slide shows, interactive maps, video features, blogs, podcasts and a live audio stream, all available free on kqed.org. Some kqed public radio broadcasts are also part of the sirius satellite network. Kqed public radio staff received numerous awards in 2016, including four from the society of professional journalists of northern california, and three radio television digital news association edward r. Murrow regional awards.

FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS:

Kqed's multidisciplinary content teams focusing on news, arts and food, and science work to expand regional coverage and ensure our content is available via mobile, social and interactive media as well as on radio and television. Kqed newsroom is a weekly multiplatform news program on television, radio and online in its fourth season. New multimedia projects included kqed arts' women to watch and the sf homeless project, an unprecedented collaboration of more than 80 news organizations around the issue of homelessness and housing insecurity. The online series women to watch celebrated 20 local artists - curators, musicians, muralists, comedians, dancers, photographers and writers - all of who are forging new paths across the bay area's diverse creative ecosystem. For each woman, kqed created a multimedia profile, featuring interviews with the artists, portraits and examples of their work. The profiles were shared on social media and in an outdoor marketing campaign. The program culminated in a sold-out event with performances by and conversations with the featured artists. Participants in the sf homeless project pooled their resources - reporting, data analysis, photojournalism, video and websites - then published, broadcast and shared a series of stories beginning wednesday, june 29. During that week, more than 350 stories, television spots and events were produced. Kqed focused on telling first-person stories to reveal the huge range of people living on our streets. Kqed also looked at the issue from a regional perspective and told stories of people living on the edge of homelessness - facing housing insecurity and eviction and living in cars and on couches. Kqed's increased visibility in silicon valley has included not just the creation of a silicon valley news desk, but also a new radio studio to strengthen and expand kqed's coverage of the south bay. With the help of four veteran reporters based in the south bay, kqed has quadrupled south bay reporting since 2013. Each year, kqed celebrates the diversity of our community with a special lineup of programs, including events and film screenings during black history, women's history, asian pacific american heritage, lesbian gay bisexual transgender pride (lgbt), latino heritage, american indian heritage and disability culture awareness months. Kqed has long recognized the important connection between cultural heritage and the arts and has made live performances an integral part of our heritage month celebrations.

Financial Statement Notes

PART V, LINE 4:

The organization's primary long-term management objective is to provide general support in meeting the needs of kqed; provided that a donor making a contribution to the permanent endowment may impose specific use restrictions on the donor's contribution.

PART X, LINE 2:

The corporation is a tax exempt organization under internal revenue code section 501(c)(3) and the california tax code. The corporation's current accounting policy is to evaluate uncertain tax positions. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. Management evaluated the corporation's tax position and concluded that the corporation had maintained its tax exempt status and had taken no uncertain tax positions that required adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Loss on investments reclassed to revenue -1,120.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on investments reclassed to revenue 1,120.

Raw XML AppendixShowing 400 of 1,373 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $100M-$250M nonprofits

Valhalla, NY

View Organization

Wmc New York Inc

501(c)3

Revenue$142,674,336
Assets$42,891,621

Revenue vs current organization

74% higher

Assets vs current organization

70% lower