CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.
|According to the PCI-Media Impact 2015 tax filing (IRS Form 990 Schedule L, Business Transactions Involving Interested Persons):|
PCI-Media Impact paid a consulting fee in the amount of $111,000 to an Interested Person reported as "Patalogos."
The nature of the relationship between PCI-Media Impact and Patalogos is described as: "Entity where the family member of the CEO of the organization is the president".
|According to the PCI-Media Impact audit of December 31, 2015, Note 8, Concentrations of Credit Risk:|
"... In 2015, approximately 62% of Media Impact's total revenue was received from three donors. In 2014, approximately 36% of Media Impact's total revenue was received from one donor."