Medfield Community Cable Access Corporation EIN 04-2978708 Form 990 (PDF) Claim this org

Medfield Community Cable Access Corporation FY2022 filing

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Offers local cable TV access programming for residents. For fiscal year 2022 it reported $298K in revenue, $322K in expenses, and $736K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Medfield, MA
Website
[email protected]
Filings
5 on file (2020–2022)
Revenue
$298KFY2022
Expenses
$322K
Net assets
$736K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  04-2978708 Public charity (501(c)(3)) Medfield, MA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Offers local cable TV access programming for residents.
Leadership
Reka Athanasiadis · Director
Money in and out
$298K revenue, $322K expenses
Bottom line
77% program efficiency
Where the money goes · FY2022
Total revenue
$298K
Pt VIII · Ln 12
Total expenses
$322K
Pt IX · Ln 25
Net assets
$736K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$23K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.23
Program efficiency
77%
of spending reaches programs
Operating runway
12.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$298K
FY2022▼ -3%
Expenses
$322K
FY2022-0.2%
Total assets
$806K
FY2022▼ -5%
Total liabilities
$69K
FY2022▲ +70%
Total revenue
$298K
Pt VIII · Ln 12
Total expenses
$322K
Pt IX · Ln 25
Net assets
$736K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$23K
Total assetsPt X · Ln 16$806K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $249K of program spending, described in the organization's own filed words · FY2022.
01

Provide local cable service to residents.

$249Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMedfield Community Cable Access Corporation
EINHdr · item D04-2978708
Principal addressHdr · item CMedfield, MA
WebsiteHdr · item J[email protected]
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1988

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$285K · 95%
Investment income$13K · 4%
Program service revenue95%$285K
Investment income4%$13K
Contributions & grants$737
Total revenueLn 12$298K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.23
Program services77%$249K
Management & general23%$73K
Total functional expensesLn 25$322K

Balance Sheet

Part X · end of year
CashLn 1$117K
Total assetsLn 16$806K
Total liabilitiesLn 26$69K
Total net assetsLn 32$736K
Months of cash on handcomputed4.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $323K · Operating expenses/yr $322K
12.1 months
Where the money goes
Program services
Program services $249K · Total expenses $322K
77%
Management & General
Management & general $73K · Total expenses $322K
23%
Fundraising
Fundraising $0 · Total expenses $322K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $546
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $737 · Total revenue $298K
0.2%
Government reliance
Government grants — · Total revenue $298K
Earned-income share
Program service revenue $285K · Total revenue $298K
95%
Investment reliance
Investment income $13K · Total revenue $298K
+4%
Program self-sufficiency
Program service revenue $285K · Total expenses $322K
88%
Growth & trend
Revenue growth (YoY)
This year $298K · Prior year $307K
-3%
Net-asset trend (YoY)
End of year $736K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $298K · Expenses $322K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $806K
Net-asset ratio
Net assets $736K · Total assets $806K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $206K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $806K
26%
People & payroll
Highest Reported Total Compensation
Individual Reka Athanasiadis · Reported title Director · Highest reported compensation $0 · Total expenses $322K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $141K · Total expenses $322K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 23%
Fundraising cost ratio 0%
Revenue growth -3%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$327K revenue · ⤓ 990 PDF
FY2023$325K revenue · ⤓ 990 PDF
FY2022$298K revenue · viewing · ⤓ 990 PDF
FY2021$307K revenue · ⤓ 990 PDF
FY2020$344K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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