Attleboro Access Cable System INC EIN 32-0157444 Form 990 (PDF) Claim this org

Attleboro Access Cable System INC

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Broadcasts local programs, trains residents in media production, and maintains city fiber infrastructure. For fiscal year 2024 it reported $678K in revenue, $804K in expenses, and $1.5M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Attleboro, MA
Website
doubleacs.com
Filings
5 on file (2020–2024)
Revenue
$678KFY2024
Expenses
$804K
Net assets
$1.5M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  32-0157444 Public charity (501(c)(3)) Attleboro, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
Broadcasts local programs, trains residents in media production, and maintains city fiber infrastructure.
Leadership
James Jones · Operations Mgr · $164K
Money in and out
$678K revenue, $804K expenses
Bottom line
91% program efficiency
Where the money goes · FY2024
Total revenue
$678K
Pt VIII · Ln 12
Total expenses
$804K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$127K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
15.0mo
months of highly liquid reserves at operating expense rate▼ -4% vs prior filing year
Surplus margin
-19%
revenue over expenses, this year▼ -104% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$678K
FY2024▼ -6%
Expenses
$804K
FY2024▲ +2%
Total assets
$2.3M
FY2024▼ -7%
Total liabilities
$762K
FY2024▼ -6%
Total revenue
$678K
Pt VIII · Ln 12
Total expenses
$804K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$127K
Total assetsPt X · Ln 16$2.3M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAttleboro Access Cable System INC
EINHdr · item D32-0157444
Principal addressHdr · item CAttleboro, MA
WebsiteHdr · item Jdoubleacs.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A32)
Ruling yearIRS BMFJul 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Operations Mgr
$163,823Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

James Jones’s $164K as Operations Mgr is at the 99th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
James Jones$163,823$128,351$124,792$121,040$121,700

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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Mission & Programs · Part III

Where the work happens

1 program service account for $730K of program spending, described in the organization's own filed words · FY2024.
01

To provide a public educational AND/OR governmental (peg) access program, including facilities, equipment and peg programming in accordance with any agreement entered into by and between the city of attleboro, ma and attleboro access cable system, INC.MAINTAINED a 5,000 watt am radio station to service the emergengy broadcasting needs of…

$730Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$633K · 93%
Investment income$44K · 7%
Program service revenue93%$633K
Investment income7%$44K
Total revenueLn 12$678K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$730K
Management & general9%$74K
Total functional expensesLn 25$804K

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$2.3M
Total liabilitiesLn 26$762K
Total net assetsLn 32$1.5M
Months of cash on handcomputed15.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $804K
15.0 months
Where the money goes
Program services
Program services $730K · Total expenses $804K
91%
Management & General
Management & general $74K · Total expenses $804K
9%
Fundraising
Fundraising $0 · Total expenses $804K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $49K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $678K
0%
Government reliance
Government grants — · Total revenue $678K
Earned-income share
Program service revenue $633K · Total revenue $678K
93%
Investment reliance
Investment income $44K · Total revenue $678K
+7%
Program self-sufficiency
Program service revenue $633K · Total expenses $804K
79%
Growth & trend
Revenue growth (YoY)
This year $678K · Prior year $723K
-6%
Revenue CAGR
FY2020 $745K · FY2024 $678K
-2%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $678K · Expenses $804K
-19%
Liabilities-to-Assets
Total liabilities — · Total assets $2.3M
Net-asset ratio
Net assets $1.5M · Total assets $2.3M
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.3M
0%
People & payroll
Highest Reported Total Compensation
Individual James Jones · Reported title Operations Mgr · Highest reported compensation $164K · Total expenses $804K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $445K · Total expenses $804K
55%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Revenue growth -6%
Investment management fee ratio 0%
Legal fee ratio 0.05%
Accounting fee ratio 2%
Fundraising fee ratio 0%

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)$678K revenue · viewing · ⤓ 990 PDF
FY2023$723K revenue · ⤓ 990 PDF
FY2022$890K revenue · ⤓ 990 PDF
FY2021$777K revenue · ⤓ 990 PDF
FY2020$745K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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