Civic Intelligence

Icatholic Media Inc

EIN 04-2395520 • 501(c)3 • Watertown, MA

Profile

Utilizing powerful technology, we strive to connect people of faith through relevant, inspiring and prayerful programming we endeavor to teach the wisdom of god in the catholic tradition and move people of all ages and from diverse situations toward the fullness of life

34 Chestnut Street P O Box 9196Watertown, MA 02471

www.catholictv.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

17th percentile

0.02x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

21st percentile

0.10x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

30th percentile

$251,254

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

58th percentile

12%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$84,459,980

Up $8,895,755 (+12%) from 2024

Liabilities

Up

$2,050,874

Up $108,631 (+5.6%) from 2024

Net Assets

Up

$82,409,106

Up $8,787,124 (+12%) from 2024

Operations
Liabilities / Revenue21st percentileNet Margin84th percentile

Revenue

Up

$20,148,923

Up $2,100,740 (+12%) from 2024

Expenses

Up

$12,962,484

Up $1,113,450 (+9.4%) from 2024

Net Income

Up

$7,186,439

Up $987,290 (+16%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2010: $30,436,512Liabilities 2010: $955,280Net Assets 2010: $29,481,2322010Assets 2011: $35,323,740Liabilities 2011: $1,520,847Net Assets 2011: $33,802,8932011Assets 2012: $36,095,473Liabilities 2012: $1,891,985Net Assets 2012: $34,203,4882012Assets 2013: $35,843,009Liabilities 2013: $1,323,693Net Assets 2013: $34,519,3162013Assets 2014: $38,651,432Liabilities 2014: $2,111,836Net Assets 2014: $36,539,5962014Assets 2015: $39,522,231Liabilities 2015: $1,849,465Net Assets 2015: $37,672,7662015Assets 2016: $39,991,139Liabilities 2016: $1,940,027Net Assets 2016: $38,051,1122016Assets 2017: $43,527,318Liabilities 2017: $2,258,581Net Assets 2017: $41,268,7372017Assets 2018: $45,808,016Liabilities 2018: $1,831,511Net Assets 2018: $43,976,5052018Assets 2019: $48,410,850Liabilities 2019: $1,780,188Net Assets 2019: $46,630,6622019Assets 2020: $52,468,737Liabilities 2020: $2,100,658Net Assets 2020: $50,368,0792020Assets 2021: $62,953,142Liabilities 2021: $1,538,764Net Assets 2021: $61,414,3782021Assets 2022: $61,629,216Liabilities 2022: $1,694,283Net Assets 2022: $59,934,9332022Assets 2023: $67,380,814Liabilities 2023: $2,504,363Net Assets 2023: $64,876,4512023Assets 2024: $75,564,225Liabilities 2024: $1,942,243Net Assets 2024: $73,621,9822024Assets 2025: $84,459,980Liabilities 2025: $2,050,874Net Assets 2025: $82,409,1062025

Highlighted filing

2025

Assets$84,459,980
Liabilities$2,050,874
Net Assets$82,409,106
Open 2025 Filing

Operations Trend

Revenue Growth58th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $4,999,2242010Expenses 2011: $8,385,9162011Revenue 2012: $10,449,209Expenses 2012: $9,455,231Net Income 2012: $993,9782012Revenue 2013: $10,202,674Expenses 2013: $10,660,771Net Income 2013: -$458,0972013Revenue 2014: $9,963,630Expenses 2014: $9,569,141Net Income 2014: $394,4892014Revenue 2015: $10,553,045Expenses 2015: $9,022,136Net Income 2015: $1,530,9092015Revenue 2016: $10,807,332Expenses 2016: $8,926,767Net Income 2016: $1,880,5652016Revenue 2017: $10,917,448Expenses 2017: $9,283,767Net Income 2017: $1,633,6812017Revenue 2018: $10,988,514Expenses 2018: $8,993,175Net Income 2018: $1,995,3392018Revenue 2019: $11,584,935Expenses 2019: $8,682,725Net Income 2019: $2,902,2102019Revenue 2020: $12,893,105Expenses 2020: $8,748,282Net Income 2020: $4,144,8232020Revenue 2021: $14,794,099Expenses 2021: $8,753,940Net Income 2021: $6,040,1592021Revenue 2022: $14,295,555Expenses 2022: $9,910,754Net Income 2022: $4,384,8012022Revenue 2023: $14,453,366Expenses 2023: $10,952,694Net Income 2023: $3,500,6722023Revenue 2024: $18,048,183Expenses 2024: $11,849,034Net Income 2024: $6,199,1492024Revenue 2025: $20,148,923Expenses 2025: $12,962,484Net Income 2025: $7,186,4392025

Highlighted filing

2025

Revenue$20,148,923
Expenses$12,962,484
Net Income$7,186,439
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$84,459,980
Liabilities
$2,050,874
Net assets
$82,409,106
Revenue
$20,148,923
Expenses
$12,962,484
Net income
$7,186,439
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$84.5$2.05$82.4$20.1$13.0$7.19
2024Detailed filing. Detailed filing data is available for this year.$75.6$1.94$73.6$18.0$11.8$6.20
2023Detailed filing. Detailed filing data is available for this year.$67.4$2.50$64.9$14.5$11.0$3.50
2022Detailed filing. Detailed filing data is available for this year.$61.6$1.69$59.9$14.3$9.91$4.38
2021Detailed filing. Detailed filing data is available for this year.$63.0$1.54$61.4$14.8$8.75$6.04
2020Detailed filing. Detailed filing data is available for this year.$52.5$2.10$50.4$12.9$8.75$4.14
2019Detailed filing. Detailed filing data is available for this year.$48.4$1.78$46.6$11.6$8.68$2.90
2018Detailed filing. Detailed filing data is available for this year.$45.8$1.83$44.0$11.0$8.99$2.00
2017Detailed filing. Detailed filing data is available for this year.$43.5$2.26$41.3$10.9$9.28$1.63
2016Detailed filing. Detailed filing data is available for this year.$40.0$1.94$38.1$10.8$8.93$1.88
2015Summary only. Only limited summary data is available for this year.$39.5$1.85$37.7$10.6$9.02$1.53
2014Detailed filing. Detailed filing data is available for this year.$38.7$2.11$36.5$9.96$9.57$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.8$1.32$34.5$10.2$10.7$0.46
2012Summary only. Only limited summary data is available for this year.$36.1$1.89$34.2$10.4$9.46$0.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.3$1.52$33.8$8.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.4$0.96$29.5$5.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 30, 2026
Return Version
2024v5.5
Gross Receipts
$20,148,923
Mission and Program Overview

Mission

Utilizing powerful technology, we strive to connect people of faith through relevant, inspiring and prayerful programming we endeavor to teach the wisdom of god in the catholic tradition and move people of all ages and from diverse situations toward the fullness of life

Provide educational and religious programming on television, publications, news media and other electronic/print communication services

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$31,742,440$39,343,125▲ $7,600,685
Land, Buildings, and Equipment, Net$5,721,869$5,983,746▲ $261,877
Savings and Temporary Cash Investments$4,988,847$4,048,206▼ $940,641
Cash and Non-Interest-Bearing Accounts$615,373$1,361,204▲ $745,831
Prepaid Expenses and Deferred Charges$376,592$646,159▲ $269,567
Accounts Receivable$438,339$623,817▲ $185,478
Total Assets$75,564,225$84,459,980▲ $8,895,755
Other Assets Total$31,680,765$32,453,723▲ $772,958
Liabilities
Deferred Revenue$1,168,883$1,288,047▲ $119,164
Accounts Payable and Accrued Expenses$287,551$510,268▲ $222,717
Other Liabilities$485,809$252,559▼ $233,250
Total Liabilities$1,942,243$2,050,874▲ $108,631
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$65,852,002$74,399,436▲ $8,547,434
Net Assets With Donor Restrictions$7,769,980$8,009,670▲ $239,690
Total Net Assets Fund Balance$73,621,982$82,409,106▲ $8,787,124
Total Liabilities and Net Assets / Fund Balance$75,564,225$84,459,980▲ $8,895,755

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,036,326$18,583,451$20,619,777
Buildings$3,468,603$2,697,802$6,166,405
Other Land Buildings$38,154$3,694,706$3,732,860
Land$440,663-$440,663
Other Assets Org$252,559--
Other Securities$7,427,733--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$7,769,764-▲ $555,832$315,926$8,009,670
2023$7,113,859-▲ $941,203$285,298$7,769,764
2022$6,745,975-▲ $644,756$276,872$7,113,859
2021$8,582,393-▼ $1,497,661$-338,757$6,745,975
2020$6,772,805-▲ $2,091,104$281,516$8,582,393
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark QuellaSecretary/general ManagerFT$218,208$33,046$251,254
James FaddenSecretary/general Manager-$218,208$33,046$251,254
Antonio EnriqueOperations and FinanceFT$201,136$24,678$225,814
Richard MosleyOperations and Finance-$201,136$24,678$225,814
-Cheif EngineerFT$188,840$17,800$206,640
Mark QuellaCheif Engineer-$188,840$17,800$206,640
Daniel TyrellBulletin Sales DirectorFT$160,975$30,496$191,471
Kenneth RomanoBulletin Sales Director-$160,975$30,496$191,471
-President, Pilot Media GroFT$150,892$30,031$180,923
Antonio EnriquePresident, Pilot Media Gro-$150,892$30,031$180,923
-It SecurityFT$144,454-$144,454
Kenneth RomanoPresident & CEO,treasurerFT$37,138$24,013$61,151

Board Members and Trustees

NameTitle
John CorcoranTrustee, Board Chair
Peter KaminskiProduction Director
Anne HynesTrustee
Gabriel NicolauTrustee
John DematteoTrustee
Most Rev Arthur L KennedyTrustee
Mr John Della VolpeTrustee
R Stephen BarrettTrustee
Rev Brian KielyTrustee
Rev Richard ClancyTrustee
Rev Walter CarreiroTrustee
Robert AllardTrustee
Scott WahleTrustee
Sister Marian Batho CsjTrustee
Bishop Robert ReedCorporate Member
James FaddenCorporate Member
Richard MosleyCorporate Member
Revenue and Support

Revenue Composition

Contributions and Grants
$7,664,238
Program Service Revenue
$11,273,937
Investment Income
$1,210,748
Other Revenue
$0
All Other Contributions
$7,664,238
Change in Net Assets
$7,186,439

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,148,923
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,820,812
Total Revenue per Audited Statements
$21,969,735
Total Revenue per Form 990
$20,148,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,096,277
Salaries, Compensation, and Employee Benefits$5,452,706
Grants and Similar Amounts Paid$413,501
Total Fundraising Expense$320,788
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,723,278$1,413,702$121,817$4,258,797
All Other Expenses$1,483,143$540,797$45,461$2,069,401
Depreciation Depletion$662,313$249,780-$912,093
Other Employee Benefits$498,859$172,428$18,856$690,143
Other Expenses$572,289$455,319$195$572,484
Grants to Domestic Orgs$413,501--$413,501
Payroll Taxes$210,798$142,333$4,571$357,702
Occupancy$167,518$89,188-$256,706
Pension Plan Contributions$105,580$36,493$3,991$146,064
Fees for Services Accounting-$52,625-$52,625
Fees for Services Legal-$21,964-$21,964
Total Functional Expenses$9,377,813$3,263,883$320,788$12,962,484

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$13,182,611
Expenses per Audited Statements$12,962,484
Total Expenses per Form 990$12,962,484
Expenses Not Reported on Form 990$220,127
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arlington Catholic High SchoolArlington, MA501 (c) (3)Educational Broadbrand Service Program$50,000
Immaculate Conception - RevereRevere, MA501 (c) (3)Educational Broadband Service Program$50,000
Our Lady of AssumptionLynnfield, MA501 (c) (3)Educational Broadband Service Program$50,000
St Agnes SchoolArlington, MA501 (c) (3)Educational Broadband Service Program$50,000
JULIE'S FAMILY LEARNING CENTERSouth Boston, MA501 (c) (3)Educational Broadband Service Program$45,000
ST BRIDGET'S SCHOOLFramingham, MA501 (c) (3)Educational Broadband Service Program$45,000
St Columbkille BrightonBrighton, MA501 (c) (3)Educational Broadbrand Service Program$25,000
Cardinal Spellman SchoolBrockton, MA501 (c) (3)Educational Broadbrand Service Program$20,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligation$252,559
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The organization has made available form 990 to all board members”

Form 990, Part VI, Section B, Line 12C

“Board ensures that all trustees and staff complete disclosure form each year.”

Form 990, Part VI, Section C, Line 19

“The organizations articles of organization are available through the massachusetts secretary of state website.”

Form 990, Part VI, Section B, Lines 15A and B

“The organization has relied upon the guidelines prepared by the archdiocese of boston, a related party, and has also compared compensation with like positions in similar organizations for reasonableness. Compensation is part of the budget process by the ceo and senior staff. The budget is approved by the board of trustees.”

Filing and Contact Details

Filer

Filer Name
Icatholic Media Inc
EIN
04-2395520
Phone
6179230220
Address
34 CHESTNUT STREET P O BOX 9196, WATERTOWN, MA 02471

Signing Officer

Name
Bishop Robert Reed
Title
President
Phone
6177793751
Signed
2026-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bishop Robert Reed
Formed
1962
Legal Domicile
Ma
Voting Board Members
17
Independent Board Members
15
Employees
56
Volunteers
0

Preparer

Firm
Gerald T Reilly & Company
Address
424 ADAMS STREET, MILTON, MA 02186
Preparer
Linda Kramer CPA
Phone
6176968900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Sales commissions: program service expenses 432,280. Management and general expenses 0. Fundraising expenses 0. Total expenses 432,280. Postage: program service expenses 199,132. Management and general expenses 153,265. Fundraising expenses 16,796. Total expenses 369,193. Telecommunications: program service expenses 270,633. Management and general expenses 40,254. Fundraising expenses 13,590. Total expenses 324,477. Marketing: program service expenses 224,895. Management and general expenses 67,039. Fundraising expenses 0. Total expenses 291,934. Shipping and delivery: program service expenses 278,971. Management and general expenses 0. Fundraising expenses 0. Total expenses 278,971. Miscellaneous: program service expenses 50,310. Management and general expenses 143,152. Fundraising expenses 417. Total expenses 193,879. Service fees: program service expenses 26,922. Management and general expenses 137,087. Fundraising expenses 14,658. Total expenses 178,667.”

Form 990, Part XII, Item 2C

“The organization has made no changes to its oversight process for selection process during the tax year.”

Form 990, Section B, Line 12C

“The organization had adopted a conflict of interest policy that all trustees and staff have signed.”

Financial Statement Notes

PART V, LINE 4:

“Religious programming and education, and masses”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm1SISTER MARIAN BATHO CSJ
IRS990/Form990PartVIISectionAGrp/PersonNm2SCOTT WAHLE
IRS990/Form990PartVIISectionAGrp/PersonNm3ANNE HYNES
IRS990/Form990PartVIISectionAGrp/PersonNm4REV WALTER CARREIRO
IRS990/Form990PartVIISectionAGrp/PersonNm5R STEPHEN BARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm6MR JOHN DELLA VOLPE
IRS990/Form990PartVIISectionAGrp/PersonNm7REV RICHARD CLANCY
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN CORCORAN
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN DEMATTEO
IRS990/Form990PartVIISectionAGrp/PersonNm10MOST REV ARTHUR L KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm11GABRIEL NICOLAU
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBERT ALLARD
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER KAMINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm14BISHOP ROBERT REED
IRS990/Form990PartVIISectionAGrp/PersonNm15JAMES FADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm16RICHARD MOSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm17KENNETH ROMANO
IRS990/Form990PartVIISectionAGrp/PersonNm18MARK QUELLA
IRS990/Form990PartVIISectionAGrp/PersonNm19ANTONIO ENRIQUE
IRS990/Form990PartVIISectionAGrp/PersonNm20DANIEL TYRELL
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE, BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRODUCTION DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CORPORATE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CORPORATE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CORPORATE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT & CEO,TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18SECRETARY/GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt19OPERATIONS AND FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt20BULLETIN SALES DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21CHEIF ENGINEER
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT, PILOT MEDIA GRO
IRS990/Form990PartVIISectionAGrp/TitleTxt23IT SECURITY
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IRS990/MissionDesc0UTILIZING POWERFUL TECHNOLOGY, WE STRIVE TO CONNECT PEOPLE OF FAITH THROUGH RELEVANT, INSPIRING AND PRAYERFUL PROGRAMMING WE ENDEAVOR TO TEACH THE WISDOM OF GOD IN THE CATHOLIC TRADITION AND MOVE PEOPLE OF ALL AGES AND FROM DIVERSE SITUATIONS TOWARD THE FULLNESS OF LIFE
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED PUBLICATIONS/NEWS MEDIA TO THE ROMAN CATHOLIC COMMUNITY
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt012630

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