Civic Intelligence

Free Speech Coalition Inc

990 • Fiscal year 2014 • EIN 95-4302175

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 28, 2015

Pobox 10480Canoga Park, CA 91309

(818) 348-9373

Siviq Scores

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

Liabilities / Assets

94th percentile

0.79x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

0.44x

Higher debt load relative to revenue than 86% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

4th percentile

-25%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$175,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 30.6% of source-year revenue.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Asset Growth

2nd percentile

-45%

Faster asset growth than 2% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

3rd percentile

-31%

Faster revenue growth than 3% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$319,352

Down $258,016 (-45%) from 2013

Net Assets

Down

$66,584

Down $142,424 (-68%) from 2013

Liabilities

Down

$252,768

Down $115,592 (-31%) from 2013

Revenue

Down

$571,627

Down $256,526 (-31%) from 2013

Expenses

Down

$714,051

Down $330,900 (-32%) from 2013

Net Income

Up

-$142,424

Up $74,374 (+34%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $751,969Liabilities 2011: $339,400Net Assets 2011: $412,5692011Assets 2012: $757,663Liabilities 2012: $331,857Net Assets 2012: $425,8062012Assets 2013: $577,368Liabilities 2013: $368,360Net Assets 2013: $209,0082013Assets 2014: $319,352Liabilities 2014: $252,768Net Assets 2014: $66,5842014Assets 2015: $235,144Liabilities 2015: $318,349Net Assets 2015: -$83,2052015Assets 2016: $251,734Liabilities 2016: $326,073Net Assets 2016: -$74,3392016Assets 2017: $224,219Liabilities 2017: $259,483Net Assets 2017: -$35,2642017Assets 2018: $263,978Liabilities 2018: $268,777Net Assets 2018: -$4,7992018Assets 2019: $289,092Liabilities 2019: $159,774Net Assets 2019: $129,3182019Assets 2020: $308,854Liabilities 2020: $125,730Net Assets 2020: $183,1242020Assets 2021: $412,935Liabilities 2021: $116,305Net Assets 2021: $296,6302021Assets 2022: $222,960Liabilities 2022: $81,520Net Assets 2022: $141,4402022Assets 2023: $543,761Liabilities 2023: $41,912Net Assets 2023: $501,8492023Assets 2024: $802,500Liabilities 2024: $42,349Net Assets 2024: $760,1512024

Highlighted filing

2014

Assets$319,352
Liabilities$252,768
Net Assets$66,584

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $521,6502011Revenue 2012: $543,983Expenses 2012: $530,746Net Income 2012: $13,2372012Revenue 2013: $828,153Expenses 2013: $1,044,951Net Income 2013: -$216,7982013Revenue 2014: $571,627Expenses 2014: $714,051Net Income 2014: -$142,4242014Revenue 2015: $588,028Expenses 2015: $737,817Net Income 2015: -$149,7892015Revenue 2016: $665,554Expenses 2016: $656,688Net Income 2016: $8,8662016Revenue 2017: $663,364Expenses 2017: $624,289Net Income 2017: $39,0752017Revenue 2018: $643,485Expenses 2018: $613,020Net Income 2018: $30,4652018Revenue 2019: $742,421Expenses 2019: $668,091Net Income 2019: $74,3302019Revenue 2020: $877,813Expenses 2020: $824,007Net Income 2020: $53,8062020Revenue 2021: $866,395Expenses 2021: $752,889Net Income 2021: $113,5062021Revenue 2022: $646,087Expenses 2022: $801,277Net Income 2022: -$155,1902022Revenue 2023: $1,101,744Expenses 2023: $741,335Net Income 2023: $360,4092023Revenue 2024: $1,207,862Expenses 2024: $949,560Net Income 2024: $258,3022024

Highlighted filing

2014

Revenue$571,627
Expenses$714,051
Net Income-$142,424
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 28, 2015
Return Version
2014v5.0
Gross Receipts
$571,627
Mission and Program Overview

Mission

To lead, protect, and support the growth and well being of the adult entertainment community. As the trade association for the adult entertainment industry we lobby, are the legislative watchdog, and provide public and member education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$249,998$0▼ $249,998
Cash and Non-Interest-Bearing Accounts$73,146$240,444▲ $167,298
Accounts Receivable$251,555$77,305▼ $174,250
Land, Buildings, and Equipment, Net$2,669$1,602▼ $1,067
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$577,368$319,352▼ $258,016
Other Assets Total-$1-
Liabilities
Accounts Payable and Accrued Expenses$315,578$172,533▼ $143,045
Other Liabilities$52,782$80,235▲ $27,453
Total Liabilities$368,360$252,768▼ $115,592
Net Assets / Fund Balance
Unrestricted Net Assets$209,008$66,584▼ $142,424
Total Net Assets Fund Balance$209,008$66,584▼ $142,424
Total Liabilities and Net Assets / Fund Balance$577,368$319,352▼ $258,016

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,602$5,644$7,246
Equipment-$3,335$3,335
Compensation and Service Providers

Employees

NameTitleBaseTotal
Diane DukeOfficer$175,000$175,000

Board Members and Trustees

NameTitle
Alec HelmyDirector
Joel KaminskyDirector
Larry GarlandDirector
Lynn SwansonDirector
Marci HirschDirector
Mark SchechterDirector
Mo ReeseDirector
Peter AckworthDirector
Reed LeeDirector
Bob ChristianOfficer
Jeffrey DouglasOfficer
Mark KernesOfficer
Tim ValentiOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$571,098
Program Service Revenue
$0
Investment Income
$529
Other Revenue
$0
All Other Contributions
$148,141
Change in Net Assets
$-142,424
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$402,044
Salaries, Compensation, and Employee Benefits$312,007
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$175,000--$175,000
Other Salaries and Wages$116,673--$116,673
Fees for Services Lobbying$54,000--$54,000
Insurance$40,149--$40,149
Travel$21,030--$21,030
Payroll Taxes$20,334--$20,334
All Other Expenses$17,735$233-$17,968
Occupancy$17,357--$17,357
Fees for Services Legal$16,324--$16,324
Fees for Services Accounting-$9,294-$9,294
Advertising-$7,021-$7,021
Other Expenses$22,215$6,183-$6,183
Office Expenses-$4,429-$4,429
Depreciation Depletion---$1,067
Interest$618--$618
Total Functional Expenses$672,510$40,474$0$714,051
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$41,292
Service Fund Liability$28,877
Revolving Debt$10,066
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Free Speech Coalition Inc
EIN
95-4302175
Phone
8183489373
Address
POBOX 10480, CANOGA PARK, CA 91309

Signing Officer

Name
Diane Duke
Title
Executive Director
Signed
2015-09-28
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
0
Employees
3

Preparer

Firm
Nadel CPAs A Professional Corporation
Address
16133 Ventura Blvd Suite 955, Encino, CA 91436
Preparer
David L Nadel CPA
Phone
8189864686
Supplemental Narrative

Additional Explanations

Accounting Method Change

Prior accountant erroneously used cash basis financial statements to report revenues and expenses on accrual basis on tax return. This year organization is reporting revenues and expenses correctly under accrual method using accrual financial statements to report its activity for 2010.

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IRS990/LandBldgEquipCostOrOtherBssAmt010581
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0422957
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO LEAD, PROTECT, AND SUPPORT THE GROWTH AND WELL BEING OF THE ADULT ENTERTAINMENT COMMUNITY. AS THE TRADE ASSOCIATION FOR THE ADULT ENTERTAINMENT INDUSTRY WE LOBBY, ARE THE LEGISLATIVE WATCHDOG, AND PROVIDE PUBLIC AND MEMBER EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0209008
IRS990/NetAssetsOrFundBalancesEOYAmt066584
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt017357
IRS990/OccupancyGrp/TotalAmt017357
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04429
IRS990/OfficeExpensesGrp/TotalAmt04429
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt01
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc2TELEPHONE AND INTERNET
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013314
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16183
IRS990/OtherExpensesGrp/ProgramServicesAmt0171075
IRS990/OtherExpensesGrp/ProgramServicesAmt122215
IRS990/OtherExpensesGrp/TotalAmt0171075
IRS990/OtherExpensesGrp/TotalAmt122215
IRS990/OtherExpensesGrp/TotalAmt213314
IRS990/OtherExpensesGrp/TotalAmt36183
IRS990/OtherLiabilitiesGrp/BOYAmt052782
IRS990/OtherLiabilitiesGrp/EOYAmt080235
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0116673
IRS990/OtherSalariesAndWagesGrp/TotalAmt0116673
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt020334
IRS990/PayrollTaxesGrp/TotalAmt020334
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0827897
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0256
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0736884
IRS990/PYRevenuesLessExpensesAmt0-216798
IRS990/PYSalariesCompEmpBnftPaidAmt0308067
IRS990/PYTotalExpensesAmt01044951
IRS990/PYTotalRevenueAmt0828153
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-142424
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0571098
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0249998
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03335
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03335
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01602
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05644
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07246
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041292
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110066
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt228877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REVOLVING DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SERVICE FUND LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01602
IRS990ScheduleD/TotalLiabilityAmt080235
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DIANE DUKE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR ACCOUNTANT ERRONEOUSLY USED CASH BASIS FINANCIAL STATEMENTS TO REPORT REVENUES AND EXPENSES ON ACCRUAL BASIS ON TAX RETURN. THIS YEAR ORGANIZATION IS REPORTING REVENUES AND EXPENSES CORRECTLY UNDER ACCRUAL METHOD USING ACCRUAL FINANCIAL STATEMENTS TO REPORT ITS ACTIVITY FOR 2010.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2ACCOUNTING METHOD CHANGE
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0577368
IRS990/TotalAssetsEOYAmt0319352
IRS990/TotalAssetsGrp/BOYAmt0577368
IRS990/TotalAssetsGrp/EOYAmt0319352
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0571098
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040474
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0672510
IRS990/TotalFunctionalExpensesGrp/TotalAmt0714051
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0368360
IRS990/TotalLiabilitiesEOYAmt0252768
IRS990/TotalLiabilitiesGrp/BOYAmt0368360
IRS990/TotalLiabilitiesGrp/EOYAmt0252768
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0209008
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt066584
IRS990/TotalProgramServiceExpensesAmt0714052
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0175000
IRS990/TotalRevenueGrp/ExclusionAmt0529
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0571627
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0577368
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0319352
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt021030
IRS990/TravelGrp/TotalAmt021030
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0209008

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.04$0.76$1.21$0.95$0.26
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.04$0.50$1.10$0.74$0.36
2022Detailed filing. Detailed filing data is available for this year.$0.22$0.08$0.14$0.65$0.80$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.12$0.30$0.87$0.75$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.13$0.18$0.88$0.82$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.16$0.13$0.74$0.67$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.27$0.00$0.64$0.61$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.26$0.04$0.66$0.62$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.33$0.07$0.67$0.66$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.32$0.08$0.59$0.74$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.25$0.07$0.57$0.71$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.58$0.37$0.21$0.83$1.04$0.22
2012Summary only. Only limited summary data is available for this year.$0.76$0.33$0.43$0.54$0.53$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.34$0.41$0.52