Medfield Community Cable Access Corporation FY2024 filing

Tax-deductible

Medfield, MA501(c)(3)Since 1987EIN 04-2978708

To be a valuable community resource providing access and education to all residents of Medfield to enable the creation, production and distribution of programming intended to stimulate, entertain, inform and connect the entire community.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $24K a year · 8% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 9.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$212K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$327K
+0.6% vs prior year
Spent
$347K
To programs
79%
Net assets
$710K
By yearFY2020–FY2025
Revenue
$327K
FY2024▲ +0.6%
Revenue by fiscal year
FY2020$344K
FY2021$307K
FY2022$298K
FY2023$325K
FY2024$327K
FY2025$308K
Expenses
$347K
FY2024▲ +2%
Expenses by fiscal year
FY2020$382K
FY2021$322K
FY2022$322K
FY2023$342K
FY2024$347K
FY2025$339K
Net assets
$710K
FY2024▼ -3%
Net assets by fiscal year
FY2020$806K
FY2021$803K
FY2022$736K
FY2023$730K
FY2024$710K
FY2025$679K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1988.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $273K Management & general 23% · $81K

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

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Medfield Community Cable Access Corporation executive salaries →

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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

Offers local cable TV access programming for residents.

Provided by the organization

This section is blank until Medfield Community Cable Access Corporation claims this page.

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1 program service account for $273K of program spending, described in the organization's own filed words · FY2024.
01

Provide local cable service to residents.

$273Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$327K
Ln 12
Fees for servicesLn 2g$296K
Gifts and grantsLn 1h$16K
Other incomeLn 4–11$9K
Money outPt IX
$347K
Ln 25
Programscol B$273K
Managementcol C$81K
Owns and owesPt X
$710K
net assets · Ln 32
Cash and savingsLn 1–2$271K
Total assetsLn 16$922K
LiabilitiesLn 26$212K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$16K
Fees for servicesLn 2g$296K
Investment incomeLn 3$7K
Other incomeLn 4–11$9K
Total revenueLn 12$327K
Assets in detailPt X, end of year
CashLn 1$271K
SavingsLn 2$265
Cash and savings togetherLn 1–2$271K
Land, buildings, equipmentLn 10c$222K
Other assetsLn 15$195K
Total assetsLn 16$922K
LiabilitiesLn 26$212K
Net assetsLn 32$710K
OperationsPt I, VI
EmployeesI 56
VolunteersI 675
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$165K$271K
Land, buildings, equipmentLn 10c$136K$222K
Total assetsLn 16$743K$922K
LiabilitiesLn 26$13K$212K
Net assetsLn 32$730K$710K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$153K$122K$31K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$5K$4K$947
Payroll taxesLn 10$12K$10K$2K
Management feesLn 11a$0
Legal feesLn 11b$8K$8K
Accounting feesLn 11c$4K$4K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$6K$6K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$69K$55K$14K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$61K$61K
InsuranceLn 23$14K$14K
Other expenses (24a–d)Ln 24$15K$20K$1K
All other expensesLn 24e$0
Total functional expensesLn 25$347K$273K$81K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $308K$339K−$31K$679K 990 PDF
FY2024 Viewing $327K$347K−$20K$710K 990 PDF
FY2023 $325K$342K−$17K$730K 990 PDF
FY2022 $298K$322K−$23K$736K 990 PDF
FY2021 $307K$322K−$15K$803K 990 PDF
FY2020 $344K$382K−$39K$806K 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 (4 parts)
Part VIII · Statement of revenue $327,156 across 6 lines filed
VIII-1f All other contributions, gifts and grants$15,690
VIII-1h Total contributions, gifts and grants$15,690
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $295,519$295,519
VIII-3 Investment incomeExcluded from tax $6,734$6,734
VIII-8 Net income from fundraising eventsExcluded from tax $9,213$9,213
VIII-12 Total revenueRelated to mission $295,519 · Excluded from tax $15,947$327,156
Part IX · Statement of functional expenses $346,903 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $122,120 · Management $30,530$152,650
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $3,789 · Management $947$4,736
IX-10 Payroll taxesPrograms $9,831 · Management $2,458$12,289
IX-11a Management fees$0
IX-11b Legal feesManagement $7,515$7,515
IX-11c Accounting feesManagement $4,500$4,500
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $6,066$6,066
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $55,428 · Management $13,856$69,284
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $60,863$60,863
IX-23 InsuranceManagement $13,666$13,666
IX-24 Other expenses (24a–d)Programs $20,494 · Management $1,478$15,334
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $272,525 · Management $81,016 · Fundraising $0$346,903
Part X · Balance sheet $922,110 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $164,404$270,536
X-2 Savings and temporary cash investmentsStart of year $265$265
X-4 Accounts receivableStart of year $230,611$218,821
X-9 Prepaid expenses and deferred chargesStart of year $20,353$15,311
X-10c Land, buildings and equipment, netStart of year $136,272$222,358
X-15 Other assetsStart of year $8,044$194,819
X-16 Total assetsStart of year $743,378$922,110
X-17 Accounts payable and accrued expensesStart of year $5,229$16,933
X-25 Other liabilitiesStart of year $8,044$194,819
X-26 Total liabilitiesStart of year $13,273$211,752
X-27 Net assets without donor restrictionsStart of year $730,105$710,358
X-32 Total net assets or fund balancesStart of year $730,105$710,358
X-33 Total liabilities and net assetsStart of year $743,378$922,110
Part XI · Reconciliation of net assets $710,358 net assets at year end
XI-1 Total revenue$327,156
XI-2 Total expenses$346,903
XI-3 Revenue less expenses−$19,747
XI-4 Net assets at start of year$730,105
XI-10 Net assets at end of year$710,358

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

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