Ccx Media FY2023 filing

Tax-deductible

Brooklyn Park, MN501(c)(3)EIN 41-1431923Revenue $4.6M in FY2023

On file with the IRSccxmedia.org6900 Winnetka Ave N, 55428-1669 · Brooklyn Park, MNTax-exempt since Apr 1985Publicly supported charity — 170(b)(1)(A)(vi)

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To create, help others create, and disseminate high-quality local content.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$484K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $250K a year · 6% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$484K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.6M
186% of total assets
Concern: liabilities are 186% of assets; over 80%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.6M
+6% vs prior year
Spent
$4.1M
To programs
77%
Net assets
−$1.2M
By yearFY2022–FY2024
Revenue
$4.6M
FY2023▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2022$4.3M
FY2023$4.6M
FY2024$3.7M
Expenses
$4.1M
FY2023▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2022$4.2M
FY2023$4.1M
FY2024$3.5M
Net assets
−$1.2M
FY2023▲ +29%
Tap a bar for its year
Net assets by fiscal year
FY2022−$1.7M
FY2023−$1.2M
FY2024−$1.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $3.1M Management & general 23% · $940K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990; $484K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director/Govt & Comm Liason
$144,504Pt VII · Sec A
Executive Director
$135,202Pt VII · Sec A
Technology and Infrastructure Administrator
$103,175Pt VII · Sec A
Sports and Events Director
$101,528Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secrectary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022
Shannon Slatton Schwartz$148,953$135,202$114,474
Michael Johnson——$148,765
Dave Kiser—$144,504$142,750
John Jacobson$103,923$101,528$100,496
Shawn Christie—$103,175—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Produce and share excellent local stories, and help others do the same.

Questions for Ccx Media

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Provided by the organization

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1 program · $3.1M · in their own filed words · FY2023
01

CCX media creates, helps others create, and disseminates high-quality local content by serving our communities and associates above all else, with honesty, professionalism, and high integrity.

$3.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$4.6M
Ln 12
Gifts and grantsLn 1h$4.4M
Fees for servicesLn 2g$112K
Money outPt IX
$4.1M
Ln 25
Programscol B$3.1M
Managementcol C$940K
Owns and owesPt X
−$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$109K
Total assetsLn 16$1.4M
LiabilitiesLn 26$2.6M
PeoplePt VI, VII
17
listed · VII A
PaidVII A4
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.4M
Fees for servicesLn 2g$112K
Total revenueLn 12$4.6M
Assets in detailPt X, end of year
CashLn 1$109K
Cash and savings togetherLn 1–2$109K
Land, buildings, equipmentLn 10c$858K
Other assetsLn 15$391K
Total assetsLn 16$1.4M
LiabilitiesLn 26$2.6M
Net assetsLn 32−$1.2M
OperationsPt I, VI
EmployeesI 581
VolunteersI 6141
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$28K$109K
Land, buildings, equipmentLn 10c$718K$858K
Total assetsLn 16$1.4M$1.4M
LiabilitiesLn 26$3.1M$2.6M
Net assetsLn 32−$1.7M−$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$388K$39K$349K
Other salaries and wagesLn 7$1.9M$1.7M$193K
Other employee benefitsLn 9$416K$375K$42K
Payroll taxesLn 10$124K$112K$12K
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$323K$323K
Lobbying feesLn 11d$3K$3K
Advertising and promotionLn 12$11K$11K
Office expensesLn 13$38K$31K$7K
Information technologyLn 14$181K$181K
OccupancyLn 16$167K$167K
Conferences, conventions and meetingsLn 19$10K$10K
Depreciation, depletion and amortizationLn 22$243K$243K
Other expenses (24a–d)Ln 24$222K$222K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$4.1M$3.1M$940K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.7M$3.5M$137K−$1.2M 990 PDF
FY2023 Viewing $4.6M$4.1M$485K−$1.2M 990 PDF
FY2022 $4.3M$4.2M$128K−$1.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $4,556,836 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,187,533$4,444,447
I-9 Program service revenuePrior year $113,627$112,389
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $4,301,160$4,556,836
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,074,540$2,861,347
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,098,664$1,210,866
I-18 Total expensesPrior year $4,173,204$4,072,213
I-19 Revenue less expensesPrior year $127,956$484,623
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,556,836 across 4 lines filed
VIII-1d Related organizations$4,444,447
VIII-1h Total contributions, gifts and grants$4,444,447
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $112,389$112,389
VIII-12 Total revenueRelated to mission $112,389 · Unrelated business $0 · Excluded from tax $0$4,556,836
Part IX · Statement of functional expenses $4,072,213 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $38,830 · Management $349,467$388,297
IX-7 Other salaries and wagesPrograms $1,739,315 · Management $193,257$1,932,572
IX-9 Other employee benefitsPrograms $374,573 · Management $41,619$416,192
IX-10 Payroll taxesPrograms $111,857 · Management $12,429$124,286
IX-11b Legal feesManagement $9,563$9,563
IX-11c Accounting feesManagement $323,414$323,414
IX-11d Lobbying feesManagement $2,519$2,519
IX-12 Advertising and promotionPrograms $10,805$10,805
IX-13 Office expensesPrograms $31,219 · Management $7,275$38,494
IX-14 Information technologyPrograms $181,300$181,300
IX-16 OccupancyPrograms $167,432$167,432
IX-19 Conferences, conventions and meetingsPrograms $9,514$9,514
IX-22 Depreciation, depletion and amortizationPrograms $242,819$242,819
IX-24 Other expenses (24a–d)Programs $221,873$221,873
IX-24e All other expensesPrograms $3,133$3,133
IX-25 Total functional expensesPrograms $3,132,670 · Management $939,543 · Fundraising $0$4,072,213
Part X · Balance sheet $1,410,167 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $28,011$109,136
X-4 Accounts receivableStart of year $10,723$10,455
X-9 Prepaid expenses and deferred chargesStart of year $10,758$41,508
X-10c Land, buildings and equipment, netStart of year $718,282$858,082
X-15 Other assetsStart of year $656,804$390,986
X-16 Total assetsStart of year $1,424,578$1,410,167
X-17 Accounts payable and accrued expensesStart of year $627,879$446,422
X-25 Other liabilitiesStart of year $2,488,689$2,171,112
X-26 Total liabilitiesStart of year $3,116,568$2,617,534
X-32 Total net assets or fund balancesStart of year −$1,691,990−$1,207,367
X-33 Total liabilities and net assetsStart of year $1,424,578$1,410,167
Part XI · Reconciliation of net assets −$1,207,367 net assets at year end
XI-1 Total revenue$4,556,836
XI-2 Total expenses$4,072,213
XI-3 Revenue less expenses$484,623
XI-4 Net assets at start of year−$1,691,990
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$1,207,367

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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