CHANNEL ONE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CHANNEL ONE INC (EIN 41-1379713)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-06
- IRS object ID
- 201223119349300132
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-06T09:51:16-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 217 | AddressLine1 |
| City | AUSTIN | City |
| State | MN | State |
| ZIP Code | 55912 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411379713 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHANNEL ONE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHAN | NameControl |
| Phone | 5072872350 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 131 35TH STREET SE | AddressLine1 |
| City | ROCHESTER | City |
| State | MN | State |
| ZIP Code | 55904 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JENNIFER WOODFORD | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 5072872350 | Phone |
| Date Signed | 2012-10-31 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CRAIG POPENHAGEN | Name |
| PTIN | P01587689 | PTIN |
| Phone | 5074347000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JENNIFER WOODFORD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 131 35TH STREET SE | AddressLine1 |
| City | ROCHESTER | City |
| State | MN | State |
| ZIP Code | 55904 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 12417915 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HELPINGFEEDPEOPLE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1980 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | TO WORK IN PARTNERSHIP WITH OTHERS TO HELP FEED PEOPLE IN NEED. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 37 | TotalNbrEmployees |
| Total Nbr Volunteers | 1998 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 11391938 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 11083406 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1001909 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1280640 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 16468 | InvestmentIncomePriorYear |
| Investment Income Current Year | 9505 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 26006 | OtherRevenuePriorYear |
| Other Revenue Current Year | 31151 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 12436321 | TotalRevenuePriorYear |
| Total Revenue Current Year | 12404702 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1179448 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1216747 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 214578 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11474108 | OtherExpensePriorYear |
| Other Expenses Current Year | 11443749 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12653556 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12660496 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -217235 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -255794 | RevenuesLessExpensesCY |
| Total Assets BOY | 5346027 | TotalAssetsBOY |
| Total Assets EOY | 5107997 | TotalAssetsEOY |
| Total Liabilities BOY | 134612 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 147987 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5211415 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4960010 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | WORKING WITH OTHERS TO HELP FEED PEOPLE IN NEED. TO COLLECT DONATED AND SURPLUS FOOD THAT WOULD OTHERWISE GO TO WASTE AND DISTRIBUTE IT TO THOSE IN NEED. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10978702 | Expense |
| Revenue | 1280640 | Revenue |
| Description | CHANNEL ONE FOOD BANK: PROVIDES FOOD AND NON-FOOD PRODUCT TO APPROXIMATELY 172 PROGRAMS PROVIDED BY APPROXIMATELY 106 NONPROFIT 501(C)(3) AGENCIES THAT FEED PEOPLE AS PART OF THEIR PROGRAM SERVICES MISSION. DURING THE YEAR ENDED JUNE 30, 2012 CHANNEL ONE FOOD BANK RECEIVED IN 7,718,401 GROSS POUNDS OF FOOD AND NON-FOOD ITEMS AND DISTRIBUTED 7,862,962 NET POUNDS TO AGENCIES IN 13 COUNTIES IN SOUTHERN MINNESOTA AND LACROSSE COUNTY, WI. WE ALSO PROVIDED 304,129 POUNDS OF FOOD ITEMS TO OTHER AFFILIATED FOOD BANKS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 597519 | Expense |
| Description | COMMODITY SUPPLEMENTAL FOOD PROGRAM: MONTHLY DISTRIBUTION OF GOVERNMENT SURPLUS COMMODITY FOOD PACKAGES TO 2 DIFFERENT AT-RISK POPULATIONS-MOTHERS AND CHILDREN (MAC) AND NUTRITION ASSISTANCE PROGRAM FOR SENIORS (NAPS) PROVIDED FOOD PACKAGES TO THE 13 COUNTY SERVICE AREA IN MINNESOTA AND DISTRIBUTED APPROXIMATELY 18,242 PACKAGES IN THE YEAR ENDED JUNE 30, 2012. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 352694 | Expense |
| Description | SUPPLEMENTAL FOOD SHELF: PROVIDES A MONTHLY DISTRIBUTION OF FOOD AND NON-FOOD ITEMS, INCLUDING GOVERNMENT COMMODITIES TO LOW-INCOME OLMSTED COUNTY RESIDENTS. PROVIDED A 5-DAY SUPPLY OF FOOD ITEMS TO 8,883 REGISTERED HOUSEHOLDS WHO PARTICIPATE IN THIS MONTHLY DISTRIBUTION. IN TOTAL, THERE WERE APPROXIMATELY 45,834 HOUSEHOLD VISITS DURING THE LAST FISCAL YEAR ENDED JUNE 30, 2012. | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | DescriptionDescription |
|---|---|
| 71201 | BACK PACK PROGRAM: PROVIDES FOOD FOR THE WEEKENDS TO 1,152 DIFFERENT STUDENTS IN 21 ELEMENTARY AND MIDDLE SCHOOLS IN OUR COMMUNITIES. DURING THE 2011-12 SCHOOL YEAR, CHANNEL ONE, ALONG WITH HELP FROM 16 CHURCH GROUPS WHO HELP PACK THE FOOD, DISTRIBUTED 140,925 POUNDS OF FOOD TO STUDENTS IN NEED. ONCE PER WEEK, VOLUNTEER CHURCH GROUPS PICK UP FOOD FROM CHANNEL ONE FOOD BANK, PACK THE BACKPACKS AND THEN DELIVER THE BACKPACKS FILLED WITH FOOD TO THE SCHOOLS WE SERVE. THE BACKPACKS ARE DISCREET, SO THE CHILD DOES NOT HAVE TO FEEL EMBARRASSED OVER RECEIVING A FOOD DONATION. ON MONDAYS, THE STUDENTS RETURN THE EMPTY BACKPACKS AND WE BEGIN TO PREPARE FOR THE FOLLOWING WEEKEND. |
| 21438 | MOBILE PANTRY: DELIVERS FOOD MONTHLY TO SIX TOWNS IN THREE COUNTIES IN SOUTHEAST MINNESOTA AND LACROSSE COUNTY, WISCONSIN. IN 2011-12 THE MOBILE FOOD PANTRY DISTRIBUTED 357,372 POUNDS OF FOOD TO INDIVIDUALS AND FAMILIES IN NEED OF FOOD ASSISTANCE. |
| 5528 | GREEN GARDEN PROGRAM: PROVIDES GARDEN PLOTS, WATER, PLOWING AND TECHNICAL ASSISTANCE TO INCOME-ELIGIBLE PARTICIPANTS. FOOD SHELF CUSTOMERS BENEFITTED FROM 89 PREPARED PLOTS, COMMUNAL AREAS WITH PERENNIAL FRUITS AND FLOWERS, AND TECHNICAL ASSISTANCE WHEN NEEDED DURING THE FISCAL YEAR ENDED JUNE 30, 2012. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 98167 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 12027082 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 37 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WI | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHERRY KULAS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5074241739 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 131 35TH STREET SE | AddressLine1 |
| City | ROCHESTER | City |
| State | MN | State |
| ZIP Code | 55904 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| HAROLD BURDEN | ||||||
| BOARD CHAIR | 0.30 | X | X | 0 | 0 | 0 |
| MARCO WAGEMAN | ||||||
| VICE CHAIR (PART YEAR) | 0.30 | X | X | 0 | 0 | 0 |
| ANNE AGER | ||||||
| VICE CHAIR (PART YEAR) | 0.30 | X | X | 0 | 0 | 0 |
| JOHN BEATTY | ||||||
| SECRETARY (PART YEAR) | 0.30 | X | X | 0 | 0 | 0 |
| KIMBERLY SPORS | ||||||
| SECRETARY (PART YEAR) | 0.30 | X | X | 0 | 0 | 0 |
| RICK LIEN | ||||||
| CORPORATE OFFICER | 0.30 | X | X | 0 | 0 | 0 |
| DEBBIE OTTMAR | ||||||
| CORPORATE OFFICER (PART YEAR) | 0.30 | X | X | 0 | 0 | 0 |
| TOM ALESHIRE | ||||||
| DIRECTOR (PART YEAR) | 0.30 | X | 0 | 0 | 0 | |
| JIM BRESSI | ||||||
| DIRECTOR (PART YEAR) | 0.30 | X | 0 | 0 | 0 | |
| JANE HARDWICK | ||||||
| DIRECTOR | 0.30 | X | 0 | 0 | 0 | |
| BEN JOHNSON | ||||||
| DIRECTOR | 0.30 | X | 0 | 0 | 0 | |
| JOHN BEATTY | ||||||
| DIRECTOR (PART YEAR) | 0.30 | X | 0 | 0 | 0 | |
| KIMBERLY SPORS | ||||||
| DIRECTOR (PART YEAR) | 0.30 | X | 0 | 0 | 0 | |
| RABBI MICHELLE WERNER | ||||||
| DIRECTOR | 0.30 | X | 0 | 0 | 0 | |
| TOM KELLY | ||||||
| DIRECTOR | 0.30 | X | 0 | 0 | 0 | |
| DIANE LUND | ||||||
| DIRECTOR (PART YEAR) | 0.30 | X | 0 | 0 | 0 | |
| MARCO WAGEMAN | ||||||
| DIRECTOR (PART YEAR) | 0.30 | X | 0 | 0 | 0 | |
| DEBBIE OTTMAR | ||||||
| DIRECTOR (PART YEAR) | 0.30 | X | 0 | 0 | 0 | |
| JENNIFER WOODFORD | ||||||
| EXECUTIVE DIRECTOR (PART YEAR) | 40.00 | X | 65635 | 0 | 909 | |
| CYNTHIA SHAFFER | ||||||
| EXECUTIVE DIRECTOR (PART YEAR) | 40.00 | X | 63399 | 0 | 5137 | |
| SHERRY KULAS | ||||||
| FINANCE DIRECTOR | 30.00 | X | 51116 | 0 | 722 | |
| LINDA LOVIK | ||||||
| INTERIM EXEC. DIRECTOR (PART YEAR) | 40.00 | X | 65750 | 0 | 866 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 245900 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 7634 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Federated Campaigns | 118471 | FederatedCampaigns |
| Fundraising Events | 21021 | FundraisingEvents |
| Government Grants | 1308963 | GovernmentGrants |
| All Other Contributions | 9634951 | AllOtherContributions |
| Noncash Contributions | 9447736 | NoncashContributions |
| Total Contributions | 11083406 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PURCHASE PROGRAM | 624200 | 1055324 | 1055324 |
| SHARED MAINTENANCE FEE | 624200 | 109039 | 109039 |
| DELIVERY CHARGE | 624200 | 80300 | 80300 |
| SALES TO FOOD BANKS | 624200 | 35977 | 35977 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1280640 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9369 | TotalRevenueColumn |
| Exclusion | $9,369 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10896 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10760 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 136 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 136 | TotalRevenueColumn |
| Exclusion | $136 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 30610 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 21021 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 2453 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28157 | TotalRevenueColumn |
| Exclusion | $28,157 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC. INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 2994 | TotalRevenueColumn |
| Exclusion | $2,994 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2994 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12404702 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1280640 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $40,656 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 253534 | Total |
| Management And General | 209171 | ManagementAndGeneral |
| Fundraising | 44363 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 731887 | Total |
| Program Services | 649018 | ProgramServices |
| Management And General | 30380 | ManagementAndGeneral |
| Fundraising | 52489 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 139139 | Total |
| Program Services | 91640 | ProgramServices |
| Management And General | 33824 | ManagementAndGeneral |
| Fundraising | 13675 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92187 | Total |
| Program Services | 60716 | ProgramServices |
| Management And General | 22410 | ManagementAndGeneral |
| Fundraising | 9061 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 324 | Total |
| Management And General | 324 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23471 | Total |
| Management And General | 23471 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2406 | Total |
| Management And General | 2406 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19002 | Total |
| Program Services | 4245 | ProgramServices |
| Management And General | 4143 | ManagementAndGeneral |
| Fundraising | 10614 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 124304 | Total |
| Program Services | 52087 | ProgramServices |
| Management And General | 15004 | ManagementAndGeneral |
| Fundraising | 57213 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89250 | Total |
| Program Services | 75257 | ProgramServices |
| Management And General | 13993 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21357 | Total |
| Program Services | 9360 | ProgramServices |
| Management And General | 11297 | ManagementAndGeneral |
| Fundraising | 700 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 169386 | Total |
| Program Services | 147808 | ProgramServices |
| Management And General | 21578 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19691 | Total |
| Program Services | 15811 | ProgramServices |
| Management And General | 3637 | ManagementAndGeneral |
| Fundraising | 243 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| DISTRIBUTED PRODUCT | 10707749 | 10707749 | ||
| TRUCKING AND FREIGHT | 98594 | 96794 | 615 | 1185 |
| REPAIRS AND MAINTENANCE | 52785 | 45400 | 6690 | 695 |
| RENT EXPENSE | 32035 | 30280 | 490 | 1265 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83395 | Total |
| Program Services | 40917 | ProgramServices |
| Management And General | 19403 | ManagementAndGeneral |
| Fundraising | 23075 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12660496 | Total |
| Program Services | 12027082 | ProgramServices |
| Management And General | 418836 | ManagementAndGeneral |
| Fundraising | 214578 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 576686 | BOY |
| EOY | 420737 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 258660 | BOY |
| EOY | 266256 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171001 | BOY |
| EOY | 159774 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88213 | BOY |
| EOY | 130758 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 999095 | BOY |
| EOY | 943903 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35514 | BOY |
| EOY | 34583 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3478085 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1645392 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1940183 | BOY |
| EOY | 1832693 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 699817 | BOY |
| EOY | 738101 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 576858 | BOY |
| EOY | 581192 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5346027 | BOY |
| EOY | 5107997 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134612 | BOY |
| EOY | 147987 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134612 | BOY |
| EOY | 147987 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4419154 | BOY |
| EOY | 4138764 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 207771 | BOY |
| EOY | 232367 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 584490 | BOY |
| EOY | 588879 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5211415 | BOY |
| EOY | 4960010 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5346027 | BOY |
| EOY | 5107997 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -255794 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4389 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8194135 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9690040 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10735241 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11391938 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11083406 | CurrentTaxYear |
| Total | 51094760 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8194135 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9690040 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10735241 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11391938 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11083406 | CurrentTaxYear |
| Total | 51094760 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 51094760 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 26890 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 22321 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 13245 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 14382 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9369 | CurrentTaxYear |
| Total | 86207 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 2994 | CurrentTaxYear |
| Total | 2994 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 51183961 | TotalSupport |
| Gross Receipts From Admissions Etc | 4439674 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.99830 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.99740 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10000 | BeginningOfYearBalance |
| End Of Year Balance | 10000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10000 | BeginningOfYearBalance |
| End Of Year Balance | 1000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10000 | BeginningOfYearBalance |
| End Of Year Balance | 10000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10000 | BeginningOfYearBalance |
| End Of Year Balance | 10000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 173755 | OtherCostOrOtherBasis |
| Book Value | 173755 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2389174 | OtherCostOrOtherBasis |
| Depreciation | 1002526 | Depreciation |
| Book Value | 1386648 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 498950 | OtherCostOrOtherBasis |
| Depreciation | 424163 | Depreciation |
| Book Value | 74787 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 416206 | OtherCostOrOtherBasis |
| Depreciation | 218703 | Depreciation |
| Book Value | 197503 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1832693 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| GREENWAY PATRONAGE DIVIDENDS | 1597 | C |
| CERTIFICATE OF DEPOSITS | 736504 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 738101 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| BENEFICIAL INTEREST IN PERPETUAL TR | 571178 |
| CHANNEL ONE ENDOWMENT FUND | 10000 |
| OTHER ASSETS | 14 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 581192 | TotalBookValueOtherAssets |
| Total Revenue | 12404702 | TotalRevenue |
| Total Expenses | 12660496 | TotalExpenses |
| Excess Or Deficit For Year | -255794 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4389 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 4389 | TotalAdjustments |
| Excess Or Deficit Per FS | -251405 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 12411544 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4389 | NetUnrealizedGainsInvestments |
| Other Revenues | 2453 | OtherRevenues |
| Revenue Not Rptd F990 | 6842 | RevenueNotRptdF990 |
| Revenue Subtotal | 12404702 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 12404702 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12662949 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2453 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2453 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12660496 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12660496 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ENDOWMENT WAS ESTABLISHED TO PROVIDE FUTURE INCOME FOR OPERATING AND OR CAPITAL EXPENDITURES. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | CHANNEL ONE, INC. IS A NONPROFIT MINNESOTA CORPORATION AND AS SUCH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2012. GENERALLY, THE ORGANIZATION'S TAX FILINGS ARE OPEN FOR REVIEW FOR UP TO SIX YEARS AFTER FILING. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 2,453. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 2,453. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | EMPTY BOWLS | NameOfEvent1 |
| Gross Receipts Event1 | 51631 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 21021 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 30610 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 800 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 1653 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 51631 | GrossReceiptsTotal |
| Charitable Contributions Total | 21021 | CharitableContributionsTotal |
| Gross Revenue Total Events | 30610 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 800 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 1653 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 2453 | DirectExpenseSummaryEvents |
| Net Income Summary | 28157 | NetIncomeSummary |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 10 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 10760 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | STOCK MARKET VALUE | MethodOfDeterminingRevenues |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4195 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 9414895 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | SOFTWARE LICENSE | 1 | 1000 | FAIR MARKET VALUE |
| X | BOXES | 1 | 60 | $0.02 PER POUND |
| X | EVENT PROMOTION | 7 | 21021 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 7 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | THE ORGANIZATION ADDED THE BACKPACK PROGRAM. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS REVIEWED BY THE BOARD AND FINANCE COMMITTEE PRIOR TO ITS FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE EXISTENCE OF ANY OF THE NATURES OF CONFLICTING INTERESTS SHALL BE DISCLOSED BEFORE ANY TRANSACTION IS CONSUMMATED. IT IS THE CONTINUING RESPONSIBILITY OF THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES. DISCLOSURES IN THE ORGANIZATION ARE MADE TO THE EXECUTIVE DIRECTOR WHO SHALL BRING THE MATTER TO THE BOARD. IF THE EXECUTIVE DIRECTOR HAS THE CONFLICT, DISCLOSURE IS MADE TO THE BOARD CHAIR, WHICH WILL THEN BRING THE MATTER TO THE BOARD. DISCLOSURE INVOLVING BOARD MEMBERS ARE MADE TO THE BOARD CHAIR, OR IF HE/SHE HAS THE CONFLICT, THEN TO THE BOARD VICE-CHAIR, WHO WILL BRING THE MATTER TO THE BOARD. THE POLICY COVERS ALL DIRECTORS AND OFFICERS, AND ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF CHANNEL ONE (I.E., MAKING PURCHASING DECISIONS, MANAGEMENT PERSONNEL, AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING CHANNEL ONE). DETERMINATIONS OF WHETHER A CONFLICT EXISTS ARE MADE AT THE BOARD LEVEL. IF A CONFLICT EXISTS, THE BOARD WILL DETERMINE WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED. ACTUAL CONFLICTS ARE REVIEWED AT THE BOARD LEVEL. PERSONS WITH A CONFLICT ARE EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION'S PROCESS TO DETERMINE THE COMPENSATION OF TOP MANAGEMENT OFFICIALS AND OFFICERS INCLUDES A REVIEW OF COMPARABILITY DATA AND SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE PROCESS WAS USED TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR IN 2012. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE ANNUAL FINANCIAL STATEMENT IS INCLUDED IN AN ANNUAL REPORT, WHICH IS MAILED TO DONORS AND FUNDING ENTITIES. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 4,389. |
| FORM 990, PART XII, LINE 2C | THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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