Embed Size (px)
DESCRIPTION
NewsTrain instructor Paul Overberg illustrates how to develop a data state of mind by using the variety of public information available in one town: Kerrville, Texas. Among the documents discussed: Form SF-SAC for audits of local governments and agencies receiving federal funds, IRS Form 990 for tax returns of nonprofits, the Municipal Securities Rulemaking Board's EMMA website for municipal bond documents, and Form 5500 for annual reports on local companies' pensions and 401(k) plans. Overberg, database editor for USA Today, delivered this presentation as part of the NewsTrain workshop in Austin, Texas, on Aug. 22-23, 2014. Please see an associated handout -- Finding News in an IRS Form 990. For more information about NewsTrain, a traveling workshop for journalists sponsored by Associated Press Media Editors, please visit http://www.apme.com/?AboutNewsTrain.
Citation preview
Developing a
Data State of Mind
Paul Overberg
USA TODAY
@poverberg
NewsTrain Austin
Aug. 22-23, 2014
Thinking
about data
Groups →
documents/data
→ people
Let’s focus:
1 small town
Set course:
Kerrville
Where we’re going today
Hill Country
Guadalupe River
Kerr County seat
Arts festivals
River tourism
Kerrville (pop. 22,663)
Photo by Flickr user Jimmy Emerson DVM
376-page annual
budget!
307 FTEs, going
to 305 next year?
Planning $500K
cut due to new
fire/library pact
with county
Data on government
Audits of local
governments,
not-for-profits
getting federal $
Kerrville in
2012: 5 groups
Form SF-SAC
harvester.census.gov/sac/dissem/accessoptions.html
Kerrville
Independent
School Dist.
Form SF-SAC
Clean audit
Form SF-SAC
$6M in
federal funds
School
budget lists
about $2.5M
Full school
budget: $35M
Form SF-SAC
$6M in
federal funds
School
budget lists
about $2.5M
Full school
budget: $35M
Form SF-SAC
Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Form SF-SAC Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Form SF-SAC Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Form SF-SAC Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Form SF-SAC Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
Schreiner
University:
$9.7M
Hill Country
Crisis Council
$526K
K’Star $670K
Hill Country
Mental Health
$2.2M
IRS Form 990,
Form 990-PF
Easiest access:
GuideStar.org
Register free
Right now!
Do local search!
Data on not-for-profits
Form 990 Kerrville: 323!
$25K to $100K: 47
$100K to $500K: 51
$500K to $1M: 12
Over $1M: 23!
Read and
compare from
recent years
Community
road map
Form 990
Form 990 Perry &
Ruby Stevens
Foundation:
$54M in assets
Example of
Form 990-PF:
private
foundation
Form 990 One line
caught my
eye …
Form 990
5% of
$52M =
$2.7M
Butt Foundation H.E. Butt
Foundation
Contributions:
2012: $ 16M
2011: $107M
2010: $ 20M
Butt Foundation Moved
strongly
into stock
market
Butt Foundation
Page 7: Charitable amounts but no details
Butt Foundation
Page 7: Charitable amounts but no details
Page 45: Details!
Butt Foundation
Laity Lodge:
“ecumenical Christian
retreat center”
Youth camps, family
and group retreats
Laity Renewal
Foundation: 39 retreats
in 2012, 1,728 guests
Butt Foundation Founding family
controls all 3
foundations
Foundations
share staff
No independent
directors
Butt Foundation
(Assets: $227 million)
Laity Renewal
(Assets: $14 million)
Laity Lodge
(Assets: $11 million)
Butt Foundation H-E-B: Privately owned
supermarket chain (1905)
350 stores, $20B annual
revenue
Forbes: Top 15 private
companies
A few others (2012 assets)
Floyd & Kathleen Cailloux Foundation: $91M
Hal & Charlie Peterson Foundation: $53M
Kathleen Cailloux Family Foundation: $16M
Edward and Sally Futch Foundation: $11M
Roy & Ingaborg Randolph Foundation: $2M
Municipal bond documents
emma.msrb.org
Municipal bond documents
Municipal bond documents Like
prospectus for
mutual funds
Wealth of
background
Municipal bond documents
Municipal bond documents
Form 5500:
Annual reports
on pension and
401(k) plans
Since 2009:
Labor Dept.
search portal
Health/retirement plans
efast.dol.gov/portal/app/disseminate
Better: FreeERISA.com (free registration required)
ZIP search
freeerisa.benefitspro.com/5500/level.aspx
Health/retirement plans
Health/retirement plans
Health/retirement plans
freeerisa.benefitspro.com/5500/level.aspx
Health/retirement plans
freeerisa.benefitspro.com/5500/level.aspx
Health/retirement plans
freeerisa.benefitspro.com/5500/level.aspx
Health/retirement plans
freeerisa.benefitspro.com/5500/level.aspx
Health/retirement plans
freeerisa.benefitspro.com/5500/level.aspx
1. What local group is so important that your
newsroom should start and keep up …
Exercises
… a Document Dossier!
2. Turn to your handout:
Peterson Regional Medical Center
