INDEPENDENT WORLD TELEVISION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: INDEPENDENT WORLD TELEVISION INC (EIN 01-0808098)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-01
IRS object ID: 201123059349300622
Schema version: 2010v3.4
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule F
Schedule I
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-01T12:45:07-00:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MELCHIOR LEONE	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	42 HIGH STREET	AddressLine1
City	HUNTINGTON	City
State	NY	State
ZIP Code	11743	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	010808098	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	INDEPENDENT WORLD TELEVISION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	INDE	NameControl
Phone	2129952400	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	143 W 4TH STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10012	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	PAUL JAY	Name
Title	DIRECTOR	Title
Date Signed	2011-11-01	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MELCHIOR LEONE	Name
Phone	6312233747	Phone
Date Prepared	2011-11-01	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	PAUL JAY	NameOfPrincipalOfficerPerson

Address Principal Officer Foreign AddressPrincipalOfficerForeign

Field	Value	IRS element (for citing)
Address Line1	17 YARMOUTH GARDENS	AddressLine1
City	TORONTO	City
Province Or State	ON	ProvinceOrState
Country	CA	Country
Postal Code	M6G1W3	PostalCode

Field	Value	IRS element (for citing)
Gross Receipts	4848877	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	therealnews.com	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2004	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE A NEWS NETWORK THAT DEFENDS THE PUBLIC INTEREST. TO PROVIDE A NEWS NETWORK THAT DEFENDS THE PUBLIC INTEREST.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	5	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	769717	ContributionsGrantsPriorYear
Contributions Grants Current Year	4843268	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	10	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	5395	OtherRevenuePriorYear
Other Revenue Current Year	5609	OtherRevenueCurrentYear
Total Revenue Prior Year	775122	TotalRevenuePriorYear
Total Revenue Current Year	4848877	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	836665	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	499700	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	8000	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	13535	TotalFundrsngExpCurrentYear
Other Expense Prior Year	846516	OtherExpensePriorYear
Other Expenses Current Year	332004	OtherExpensesCurrentYear
Total Expenses Prior Year	1691181	TotalExpensesPriorYear
Total Expenses Current Year	831704	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-916059	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	4017173	RevenuesLessExpensesCY
Total Assets BOY	221559	TotalAssetsBOY
Total Assets EOY	110486	TotalAssetsEOY
Total Liabilities BOY	4165684	TotalLiabilitiesBOY
Total Liabilities EOY	37438	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-3944125	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	73048	NetAssetsOrFundBalancesEOY
Mission Description	TO PROVIDE A NEWS NETWORK THAT DEFENDS THE PUBLIC INTEREST.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	804609	Expense
Grants	490000	Grants
Revenue	4848877	Revenue
Description	To provide a news network that defends the public interest and the highest standard of journalism independent of corporate and government funding or commercial advertising	Description
Total Program Service Expense	804609	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	true	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	true	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Quid Pro Quo Contributions	false	QuidProQuoContributions
Quid Pro Quo Disclosure	false	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	PAUL JAY	NamePerson
Telephone Number	3019299627	TelephoneNumber

Address Foreign AddressForeign

Field	Value	IRS element (for citing)
Address Line1	17 YARMOUTH GARDENS	AddressLine1
City	TORONTO	City
Province Or State	ON	ProvinceOrState
Country	CA	Country
Postal Code	M6G1W3	PostalCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
Paul Jay
Chair CEO	040.00	X	0	0	0
Mary Cornish
Secretary	002.00	X	0	0	0
Alan Mak
Treasurer	002.00	X	0	0	0
Al Rosen
Audit	002.00	X	0	0	0
David Ostriker
Member	002.00	X	0	0	0
Robert Lang
Member	002.00	X	0	0	0
Sashi Kumar
Member	002.00	X	0	0	0
Michael Ratner
Member	002.00	X	0	0	0
Makani Themba-Nixon
Member	002.00	X	0	0	0
Jonathan Schell
Member	002.00	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	4843268	AllOtherContributions
Total Contributions	4843268	TotalContributions

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn
STIPENDS RECEIVED	900099	682
ROYALTIES	900099	4927

Field	Value	IRS element (for citing)
Total Other Revenue	5609	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4848877	TotalRevenueColumn

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	9700	Total
Program Services	9700	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	490000	Total
Program Services	490000	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	0	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	0	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	1239	Total
Management And General	1239	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	1750	Total
Management And General	1750	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	10000	Total
Fundraising	10000	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1140	Total
Management And General	1140	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	167398	Total
Program Services	167398	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1054	Total
Program Services	1054	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2346	Total
Program Services	2346	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	FundraisingFundraising	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
FUNDRAISING EXPENSES	3535	3535
NEWS GATHERING	34489		34489
TELEPHONE, CELLS, WIRELESS	9431			9431
RESEARCH MARKETING CONSULTANT	36538		36538
EXCHANGE RATE LOSS	56204		56204

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	6880	Total
Program Services	6880	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	831704	Total
Program Services	804609	ProgramServices
Management And General	13560	ManagementAndGeneral
Fundraising	13535	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	211150	BOY
EOY	95830	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	7801	BOY
EOY	8163	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1405	BOY
EOY	1428	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	7231	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2166	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1203	BOY
EOY	5065	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	221559	BOY
EOY	110486	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	7870	BOY
EOY	4814	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	4157814	BOY
EOY	32624	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	4165684	BOY
EOY	37438	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-3944125	BOY
EOY	73048	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-3944125	BOY
EOY	73048	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	221559	BOY
EOY	110486	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	4017173	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

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	204646	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	389209	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	506762	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	769717	CurrentTaxYearMinus1Year
Current Tax Year	4843268	CurrentTaxYear
Total	6713602	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	204646	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	389209	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	506762	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	769717	CurrentTaxYearMinus1Year
Current Tax Year	4843268	CurrentTaxYear
Total	6713602	Total

Field	Value	IRS element (for citing)
Public Support Total170	6713602	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	12541	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1169	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	10	CurrentTaxYearMinus1Year
Current Tax Year	4927	CurrentTaxYear
Total	18647	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	5395	CurrentTaxYearMinus1Year
Current Tax Year	682	CurrentTaxYear
Total	6077	Total

Field	Value	IRS element (for citing)
Total Support	6738326	TotalSupport
Public Support Pertcentage170	0.99630	PublicSupportPertcentage170
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170
Public Support Percentage509	0.00000	PublicSupportPercentage509
Investment Income Percentage	0.00000	InvestmentIncomePercentage
Facts And Circumstances Test	Part II Line 10 INCOME OF 682 IS STIPENDS RECEIVED	FactsAndCircumstancesTest

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	7231	OtherCostOrOtherBasis
Depreciation	2166	Depreciation
Book Value	5065	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	5065	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Due to Related Parties	Description
Amount	$32,624	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	32624	TotalOfAmounts
Total Revenue	4848877	TotalRevenue
Total Expenses	831704	TotalExpenses
Excess Or Deficit For Year	4017173	ExcessOrDeficitForYear
Excess Or Deficit Per FS	4017173	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	4848877	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	4848877	RevenueSubtotal
Total Revenue Per Form990	4848877	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	831704	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	831704	ExpensesSubtotal
Total Expenses Per Form990	831704	TotalExpensesPerForm990

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	true	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable

Field	Value	IRS element (for citing)
Region	North America	Region
Type Of Activities Conducted	GRANTMAKING	TypeOfActivitiesConducted
Specific Services Provided	N/A	SpecificServicesProvided
Total Expenditures	490000	TotalExpenditures

Field	Value	IRS element (for citing)
Subtotal Amount Spent	490000	SubtotalAmountSpent
Total Amount Spent	490000	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS

Field	Value	IRS element (for citing)
Region	North America	Region
Purpose Of Grant	GENERAL SUPPORT IN THE TV	PurposeOfGrant
Amount Of Cash Grant	490000	AmountOfCashGrant
Manner Of Cash Disbursement	CASH WIRE TFRS	MannerOfCashDisbursement

Field	Value	IRS element (for citing)
Total Number Of Other Orgs	1	TotalNumberOfOtherOrgs
Transfer To Foreign Corp	false	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	false	OwnForeignCorp
Passive Foreign Invest Co	false	PassiveForeignInvestCo
Foreign Partnership	false	ForeignPartnership
Boycott Countries	false	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
I	3	PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS CLOSE SUPERVISION OF GRANTEES OPERATIONS CLOSE SCRUTINY OF GRANTEES FINANCIAL SITUATIONS BY MEANS OF FREQUENT REVIEW OF GRANTEES FINANCIAL STATEMENTS AND OTHER INFORMATION REQUESTED FROM TIME TO TIME.
1	3	MEDTHOD OF ACCOUNTING FOR EXPENDITURES CASH BASIS

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	GRANT TO INDIVIDUAL NATHAN PRESCOTT	TypeOfGrant
Number Of Recipients	1	NumberOfRecipients
Amount Of Cash Grant	9700	AmountOfCashGrant

Schedule L IRS990ScheduleL

Loan Table LoanTable

Field	Value	IRS element (for citing)
Name Person	PAUL JAY	NamePerson
Loan From Organization	X	LoanFromOrganization
Original Principal	$9,850	OriginalPrincipalAmount
Balance Due	8124	BalanceDue
Default	false	Default
Approved By Board	true	ApprovedByBoard
Written Agreement	true	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	8124	TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation

Field	Value	IRS element (for citing)
Identifier	Form 990 Part IV	Identifier
Return Reference	7A 7B	ReturnReference
Explanation	THE ORGANIZATIONAL POLICIES FOR ELECTION OF MEMBERS OF THE GOVERNING BODIES ARE THE BOARD OF DIRECTORS WHO MEET ON A QUARTERLY BASIS FOR THESE ELECTIONS. GENERAL MEMBERSHIP MEET ON AN ANNUAL BASIS, AND THAT IS WHEN THE ELECTIONS, IF ANY, ARE TO BE TAKEN PLACE.	Explanation