Norfolk Cable Corporation

Tax-deductible

Norfolk, MA501(c)(3)EIN 04-2967716Revenue $219K in FY2024

On file with the IRSnorfolkcable.com158 Main St, 02056-1301 · Norfolk, MATax-exempt since Oct 1991Publicly supported charity — 170(b)(1)(A)(vi)

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Local educational, cultural and informative access cable programming for the benefit of the entire community. Org not required to file Schedule B

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$3K 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

FY2024 · 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
4 of 5
filings with a surplus
Average surplus $20K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
21 mo
of spending, in cash
Looks good: 21.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$97K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$219K
-11% vs prior year
Spent
$193K
To programs
76%
Net assets
$461K
By yearFY2020–FY2024
Revenue
$219K
FY2024▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$223K
FY2021$236K
FY2022$222K
FY2023$246K
FY2024$219K
Expenses
$193K
FY2024▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$231K
FY2021$223K
FY2022$219K
FY2023$182K
FY2024$193K
Net assets
$461K
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$355K
FY2021$368K
FY2022$371K
FY2023$435K
FY2024$461K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1991.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $147K Management & general 24% · $46K

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

6 people listed on the 990; $3K paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer & Asst Clerk
$3,000Pt VII · Sec A
President
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Other Officer
$0Pt VII · Sec A
Other Officer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Daniel Beef Mazzola$3,000$1,800

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 15aNo

Programs and updates

Provides local educational, cultural, and informative cable programming for the community.

Questions for Norfolk Cable Corporation

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Provided by the organization

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1 program · $147K · in their own filed words · FY2024
01

Local educational, cultural and informative access cable programming for the benefit of the entire community.

$147Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$11

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$219K
Ln 12
Fees for servicesLn 2g$204K
Investment incomeLn 3$13K
Other incomeLn 4–11$2K
Money outPt IX
$193K
Ln 25
Programscol B$147K
Managementcol C$46K
Owns and owesPt X
$461K
net assets · Ln 32
Cash and savingsLn 1–2$343K
Total assetsLn 16$558K
LiabilitiesLn 26$97K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1K
Fees for servicesLn 2g$204K
Investment incomeLn 3$13K
Other incomeLn 4–11$2K
Total revenueLn 12$219K
Assets in detailPt X, end of year
CashLn 1$52K
SavingsLn 2$291K
Cash and savings togetherLn 1–2$343K
InvestmentsLn 11–13$10K
Land, buildings, equipmentLn 10c$93K
Other assetsLn 15$99K
Total assetsLn 16$558K
LiabilitiesLn 26$97K
Net assetsLn 32$461K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$324K$343K
InvestmentsLn 11–13$2K$10K
Land, buildings, equipmentLn 10c$103K$93K
Total assetsLn 16$561K$558K
LiabilitiesLn 26$126K$97K
Net assetsLn 32$435K$461K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$87K$73K$14K
Other employee benefitsLn 9$6K$5K$412
Payroll taxesLn 10$8K$6K$1K
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$330$330
Office expensesLn 13$3K$2K$776
OccupancyLn 16$33K$25K$8K
Depreciation, depletion and amortizationLn 22$12K$12K
InsuranceLn 23$12K$6K$6K
Other expenses (24a–d)Ln 24$19K$16K$4K
All other expensesLn 24e$2K$412$1K
Total functional expensesLn 25$193K$147K$46K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $219K$193K$26K$461K 990 PDF
FY2023 $246K$182K$64K$435K 990 PDF
FY2022 $222K$219K$3K$371K 990 PDF
FY2021 $236K$223K$13K$368K 990 PDF
FY2020 $223K$231K−$8K$355K 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 FY2024 990 (6 parts)
Part I · Summary $218,778 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $25,495$1,000
I-9 Program service revenuePrior year $210,928$203,513
I-10 Investment incomePrior year $6,970$12,699
I-11 Other revenuePrior year $2,368$1,566
I-12 Total revenuePrior year $245,761$218,778
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 $92,401$100,364
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $89,603$92,252
I-18 Total expensesPrior year $182,004$192,616
I-19 Revenue less expensesPrior year $63,757$26,162
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $218,778 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,000
VIII-1h Total contributions, gifts and grants$1,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $203,513$203,513
VIII-3 Investment incomeExcluded from tax $12,699$12,699
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,566$1,566
VIII-12 Total revenueRelated to mission $205,079 · Unrelated business $0 · Excluded from tax $12,699$218,778
Part IX · Statement of functional expenses $192,616 across 12 lines filed
IX-7 Other salaries and wagesPrograms $73,002 · Management $14,034$87,036
IX-9 Other employee benefitsPrograms $5,212 · Management $412$5,624
IX-10 Payroll taxesPrograms $6,466 · Management $1,238$7,704
IX-11c Accounting feesManagement $8,648$8,648
IX-11g Other fees for servicesManagement $1,380$1,380
IX-12 Advertising and promotionManagement $330$330
IX-13 Office expensesPrograms $2,328 · Management $776$3,104
IX-16 OccupancyPrograms $25,089 · Management $8,362$33,451
IX-22 Depreciation, depletion and amortizationPrograms $12,384$12,384
IX-23 InsurancePrograms $6,074 · Management $5,771$11,845
IX-24 Other expenses (24a–d)Programs $15,724 · Management $3,551$19,275
IX-24e All other expensesPrograms $412 · Management $1,423$1,835
IX-25 Total functional expensesPrograms $146,691 · Management $45,925 · Fundraising $0$192,616
Part X · Balance sheet $558,185 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $45,426$51,964
X-2 Savings and temporary cash investmentsStart of year $278,295$290,674
X-9 Prepaid expenses and deferred chargesStart of year $4,108$13,511
X-10c Land, buildings and equipment, netStart of year $103,125$92,648
X-11 Publicly traded securitiesStart of year $1,859$10,325
X-15 Other assetsStart of year $128,207$99,063
X-16 Total assetsStart of year $561,020$558,185
X-25 Other liabilitiesStart of year $126,207$97,063
X-26 Total liabilitiesStart of year $126,207$97,063
X-27 Net assets without donor restrictionsStart of year $434,813$461,122
X-32 Total net assets or fund balancesStart of year $434,813$461,122
X-33 Total liabilities and net assetsStart of year $561,020$558,185
Part XI · Reconciliation of net assets $461,122 net assets at year end
XI-1 Total revenue$218,778
XI-2 Total expenses$192,616
XI-3 Revenue less expenses$26,162
XI-4 Net assets at start of year$434,813
XI-5 Net unrealized gains (losses) on investments$147
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$461,122

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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