Civic Intelligence

Marlborough Cable Trust

990 • Fiscal year 2014 • EIN 04-2741882

Apr 01, 2013 to Mar 31, 2014 • Filed on Jul 08, 2014

91 Main StreetMarlborough, MA 01752

(508) 481-1373

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.35x

Higher debt load relative to assets than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

82nd percentile

0.76x

Higher debt load relative to revenue than 82% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

65th percentile

8.5%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

58th percentile

$77,275

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

43rd percentile

1.4%

Faster revenue growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,066,922

Up $114,088 (+12%) from 2013

Net Assets

Up

$694,858

Up $41,426 (+6.3%) from 2013

Liabilities

Up

$372,064

Up $72,662 (+24%) from 2013

Revenue

Up

$489,087

Up $6,680 (+1.4%) from 2013

Expenses

Up

$447,661

Up $32,767 (+7.9%) from 2013

Net Income

Down

$41,426

Down $26,087 (-39%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $811,341Liabilities 2011: $311,896Net Assets 2011: $499,4452011Assets 2012: $946,057Liabilities 2012: $360,138Net Assets 2012: $585,9192012Assets 2013: $952,834Liabilities 2013: $299,402Net Assets 2013: $653,4322013Assets 2014: $1,066,922Liabilities 2014: $372,064Net Assets 2014: $694,8582014Assets 2015: $1,053,502Liabilities 2015: $327,610Net Assets 2015: $725,8922015Assets 2016: $1,034,316Liabilities 2016: $294,510Net Assets 2016: $739,8062016Assets 2017: $904,395Liabilities 2017: $203,417Net Assets 2017: $700,9782017Assets 2018: $368,025Liabilities 2018: $5,545Net Assets 2018: $362,4802018Assets 2019: $199,830Liabilities 2019: $2,913Net Assets 2019: $196,9172019Assets 2020: $208,692Liabilities 2020: $16,339Net Assets 2020: $192,3532020Assets 2021: $316,697Liabilities 2021: $1,972Net Assets 2021: $314,7252021Assets 2022: $301,496Liabilities 2022: $19,742Net Assets 2022: $281,7542022Assets 2023: $520,242Liabilities 2023: $276,170Net Assets 2023: $244,0722023Assets 2024: $456,924Liabilities 2024: $234,072Net Assets 2024: $222,8522024Assets 2025: $367,085Liabilities 2025: $182,074Net Assets 2025: $185,0112025

Highlighted filing

2014

Assets$1,066,922
Liabilities$372,064
Net Assets$694,858

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $404,5502011Expenses 2012: $410,0602012Revenue 2013: $482,407Expenses 2013: $414,894Net Income 2013: $67,5132013Revenue 2014: $489,087Expenses 2014: $447,661Net Income 2014: $41,4262014Revenue 2015: $489,686Expenses 2015: $458,652Net Income 2015: $31,0342015Revenue 2016: $498,675Expenses 2016: $484,761Net Income 2016: $13,9142016Revenue 2017: $497,047Expenses 2017: $535,875Net Income 2017: -$38,8282017Revenue 2018: $191,796Expenses 2018: $530,294Net Income 2018: -$338,4982018Revenue 2019: $355,891Expenses 2019: $521,455Net Income 2019: -$165,5642019Revenue 2020: $511,878Expenses 2020: $516,442Net Income 2020: -$4,5642020Revenue 2021: $484,116Expenses 2021: $419,345Net Income 2021: $64,7712021Revenue 2022: $370,312Expenses 2022: $403,282Net Income 2022: -$32,9702022Revenue 2023: $461,853Expenses 2023: $499,535Net Income 2023: -$37,6822023Revenue 2024: $495,521Expenses 2024: $516,741Net Income 2024: -$21,2202024Revenue 2025: $479,803Expenses 2025: $517,644Net Income 2025: -$37,8412025

Highlighted filing

2014

Revenue$489,087
Expenses$447,661
Net Income$41,426
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Jul 8, 2014
Return Version
2013v3.1
Gross Receipts
$489,087
Mission and Program Overview

Mission

To provide the residents of marlborough with coverage of local events and politics.

LOCAL ACCESS TELEVISION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$794,853$956,954▲ $162,101
Land, Buildings, and Equipment, Net$114,957$104,078▼ $10,879
Pledges and Grants Receivable$37,448--
Prepaid Expenses and Deferred Charges$2,133$2,447▲ $314
Total Assets$952,834$1,066,922▲ $114,088
Other Assets Total$3,443$3,443→ $0
Liabilities
Deferred Revenue$295,016$366,318▲ $71,302
Accounts Payable and Accrued Expenses$4,386$5,746▲ $1,360
Total Liabilities$299,402$372,064▲ $72,662
Net Assets / Fund Balance
Unrestricted Net Assets$653,432$694,858▲ $41,426
Total Net Assets Fund Balance$653,432$694,858▲ $41,426
Total Liabilities and Net Assets / Fund Balance$952,834$1,066,922▲ $114,088

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$99,737$153,392-
Leasehold Improvements$4,341$4,093-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel GuindonStation ManagerFT$77,275$77,275
Arthur VigeantTrustee-$1,500$1,500
Joseph ValariotiTrustee-$1,500$1,500
Linda OssingTrustee-$1,500$1,500
Richard LangloisTrustee-$900$900
Patricia BernardTrustee-$675$675
Maureen GreulichTrustee-$600$600
Revenue and Support

Revenue Composition

Contributions and Grants
$486,559
Program Service Revenue
$0
Investment Income
$2,513
Other Revenue
$15
All Other Contributions
$486,559
Change in Net Assets
$41,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$258,679
Other Expenses$188,982
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,052$0$0$153,052
Current Officers, Directors, Trustees, and Key Employees$77,275$6,675$0$83,950
Insurance$75,499$0$0$75,499
Occupancy$0$47,058$0$47,058
Depreciation Depletion$30,111$0$0$30,111
Payroll Taxes$21,677$0$0$21,677
All Other Expenses$13,583$0$0$13,583
Other Expenses$4,647$0$0$4,647
Fees for Services Accounting$0$4,477$0$4,477
Office Expenses$3,626$0$0$3,626
Travel$721$0$0$721
Total Functional Expenses$384,781$62,880$0$447,661
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
04-2741882
Phone
5084811373

Signing Officer

Name
Arthur Vigeant
Title
Trustee
Phone
5084811373
Signed
2014-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arthur Vigeant
Formed
1984
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
10
Volunteers
0

Preparer

Preparer
Robert M Turner
Phone
9786923291
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

Documents Available to public upon request

Pt VI, Line 11B

Organization's Process to Review Form 990-No review was

Pt VI, Line 11B

or will be conducted.

Form 990, Part IX, Line 24F

Repairs & maintenance 0. 0. 0. 0. Payroll service fees 3194. 3194. 0. 0. Production supplies 2585. 2585. 0. 0. Tech support 640. 640. 0. 0. Contract labor 2360. 2360. 0. 0. Promotional expenses 475. 475. 0. 0. Dues & publications 474. 474. 0. 0. Web development 952. 952. 0. 0. Postage 83. 83. 0. 0. State filing fee 125. 125. 0. 0. Bank service charge 0. 0. 0. 0. Meals 2005. 2005. 0. 0. Commissions 0. 0. 0. 0. Real estate taxes 690. 690. 0. 0.

Financial Statement Notes

Part IV line 11F

Management has determined that the company does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the company's tax returns will not be challenged by the taxing authorities and that the company will not be subject to additional tax, penalties and interest as a result of such challenge. The company's tax returns

Part IV line 11F

open for examination for the current year and three preceding years for federal income tax and Massachusetts state income tax.

Raw XML Appendix397 raw XML fields

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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05673
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt07575
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt012600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt026468
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02513
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02955
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02425
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05613
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05146
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt018652
IRS990ScheduleA/InvestmentIncomeCYPct00.00800
IRS990ScheduleA/InvestmentIncomePYPct00.00990
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99200
IRS990ScheduleA/PublicSupportPY509Pct00.99010
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02308361
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0486574
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0479452
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0494109
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0446328
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0401898
IRS990ScheduleA/Total509Grp/TotalAmt02308361
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02327013
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt099737
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0153392
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0253129
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04341
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04093
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt08434
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT THE COMPANY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE COMPANY'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE COMPANY WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. THE COMPANY'S TAX RETURNS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1open for examination for the current year and three preceding years for federal income tax and Massachusetts state income tax.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV line 11f
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part IV line 11f
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0104078
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Documents Available to public upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization's Process to Review Form 990-No review was
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REPAIRS & MAINTENANCE 0. 0. 0. 0. PAYROLL SERVICE FEES 3194. 3194. 0. 0. PRODUCTION SUPPLIES 2585. 2585. 0. 0. TECH SUPPORT 640. 640. 0. 0. CONTRACT LABOR 2360. 2360. 0. 0. PROMOTIONAL EXPENSES 475. 475. 0. 0. DUES & PUBLICATIONS 474. 474. 0. 0. WEB DEVELOPMENT 952. 952. 0. 0. POSTAGE 83. 83. 0. 0. STATE FILING FEE 125. 125. 0. 0. BANK SERVICE CHARGE 0. 0. 0. 0. MEALS 2005. 2005. 0. 0. COMMISSIONS 0. 0. 0. 0. REAL ESTATE TAXES 690. 690. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0952834
IRS990/TotalAssetsEOYAmt01066922
IRS990/TotalAssetsGrp/BOYAmt0952834
IRS990/TotalAssetsGrp/EOYAmt01066922
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0486559
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062880
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0384781
IRS990/TotalFunctionalExpensesGrp/TotalAmt0447661
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0299402
IRS990/TotalLiabilitiesEOYAmt0372064
IRS990/TotalLiabilitiesGrp/BOYAmt0299402
IRS990/TotalLiabilitiesGrp/EOYAmt0372064
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0653432
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0694858
IRS990/TotalProgramServiceExpensesAmt0384781
IRS990/TotalReportableCompFromOrgAmt083950
IRS990/TotalRevenueGrp/ExclusionAmt02513
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0489087
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0952834
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01066922
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt0721
IRS990/TravelGrp/TotalAmt0721
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0653432
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0694858
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1098 Union Street
IRS990/USAddress/City0Holden
IRS990/USAddress/State0MA
IRS990/USAddress/ZIPCode001520
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ARTHUR VIGEANT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum05084811373
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine10Marlborough Cable Trust
ReturnHeader/Filer/BusinessNameControlTxt0MARL
ReturnHeader/Filer/EIN0042741882
ReturnHeader/Filer/PhoneNum05084811373
ReturnHeader/Filer/USAddress/AddressLine1091 Main Street
ReturnHeader/Filer/USAddress/City0Marlborough
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode001752
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ROBERT TURNER PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 4026 190 LITTLETON ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0WESTFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0018863510
ReturnHeader/PreparerPersonGrp/PhoneNum09786923291
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT M TURNER
ReturnHeader/ReturnTs02014-11-15T13:23:01-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-04-01
ReturnHeader/TaxPeriodEndDt02014-03-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.37$0.18$0.19$0.48$0.52$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.46$0.23$0.22$0.50$0.52$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.52$0.28$0.24$0.46$0.50$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.30$0.02$0.28$0.37$0.40$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.31$0.48$0.42$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.19$0.51$0.52$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.36$0.52$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.36$0.19$0.53$0.34
2017Detailed filing. Detailed filing data is available for this year.$0.90$0.20$0.70$0.50$0.54$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.03$0.29$0.74$0.50$0.48$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.33$0.73$0.49$0.46$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.07$0.37$0.69$0.49$0.45$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.30$0.65$0.48$0.41$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.36$0.59$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.31$0.50$0.40