Civic Intelligence

Seekonk Cable Access Inc.

990 • Fiscal year 2021 • EIN 04-2951972

Nov 01, 2020 to Oct 31, 2021 • Filed on Sep 13, 2022

Organization ProfileWWW.TV9SEEKONK.COM
580 Arcade AvenueSeekonk, MA 02771

(508) 336-6770

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

21st percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

75th percentile

32%

Higher net margin than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

51st percentile

10%

Faster asset growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

64th percentile

27%

Faster revenue growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$1,064,076

Up $96,789 (+10%) from 2020

Net Assets

Up

$1,063,026

Up $96,789 (+10%) from 2020

Liabilities

Flat

$1,050

Flat from 2020

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin75th percentile

Revenue

Up

$305,506

Up $64,341 (+27%) from 2020

Expenses

Down

$208,717

Down $10,802 (-4.9%) from 2020

Net Income

Up

$96,789

Up $75,143 (+347%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$1.5M$1.0M$500K$0Assets 2011: $389,439Liabilities 2011: $0Net Assets 2011: $389,4392011Assets 2012: $457,787Liabilities 2012: $0Net Assets 2012: $457,7872012Assets 2013: $786,880Liabilities 2013: $238,144Net Assets 2013: $548,7362013Assets 2014: $823,805Liabilities 2014: $208,220Net Assets 2014: $615,5852014Assets 2015: $891,867Liabilities 2015: $176,982Net Assets 2015: $714,8852015Assets 2016: $970,801Liabilities 2016: $144,457Net Assets 2016: $826,3442016Assets 2017: $1,040,194Liabilities 2017: $110,648Net Assets 2017: $929,5462017Assets 2018: $885,031Liabilities 2018: $1,050Net Assets 2018: $883,9812018Assets 2019: $945,641Liabilities 2019: $1,050Net Assets 2019: $944,5912019Assets 2020: $967,287Liabilities 2020: $1,050Net Assets 2020: $966,2372020Assets 2021: $1,064,076Liabilities 2021: $1,050Net Assets 2021: $1,063,0262021Assets 2022: $1,184,162Liabilities 2022: $25,589Net Assets 2022: $1,158,5732022Assets 2023: $1,243,061Liabilities 2023: $1,050Net Assets 2023: $1,242,0112023Assets 2024: $1,094,172Liabilities 2024: $1,050Net Assets 2024: $1,093,1222024

Highlighted filing

2021

Assets$1,064,076
Liabilities$1,050
Net Assets$1,063,026
Open 2021 Filing

Operations Trend

Revenue Growth64th percentile

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

$400K$200K$0-$200KRevenue 2011: $228,785Expenses 2011: $238,004Net Income 2011: -$9,2192011Revenue 2012: $257,852Expenses 2012: $189,504Net Income 2012: $68,3482012Revenue 2013: $268,069Expenses 2013: $177,120Net Income 2013: $90,9492013Revenue 2014: $272,267Expenses 2014: $205,418Net Income 2014: $66,8492014Revenue 2015: $291,842Expenses 2015: $192,542Net Income 2015: $99,3002015Revenue 2016: $302,891Expenses 2016: $191,435Net Income 2016: $111,4562016Revenue 2017: $321,555Expenses 2017: $218,353Net Income 2017: $103,2022017Revenue 2018: $322,547Expenses 2018: $368,112Net Income 2018: -$45,5652018Revenue 2019: $313,686Expenses 2019: $253,076Net Income 2019: $60,6102019Revenue 2020: $241,165Expenses 2020: $219,519Net Income 2020: $21,6462020Revenue 2021: $305,506Expenses 2021: $208,717Net Income 2021: $96,7892021Revenue 2022: $309,238Expenses 2022: $204,561Net Income 2022: $104,6772022Revenue 2023: $289,293Expenses 2023: $216,335Net Income 2023: $72,9582023Revenue 2024: $82,928Expenses 2024: $249,814Net Income 2024: -$166,8862024

Highlighted filing

2021

Revenue$305,506
Expenses$208,717
Net Income$96,789
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Sep 13, 2022
Return Version
2020v4.2
Gross Receipts
$320,275
Mission and Program Overview

Mission

The organization's mission is to provide the training and production facility for the general public to have the ability to freely express and share unique ideas via original television programming with the seekonk community.

The organization's mission is to provide the training and production facility for the general puclic to have the ability to freely express and share unique ideas via original television programming with the seekonk community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$636,889$626,889▼ $10,000
Savings and Temporary Cash Investments$215,299$249,502▲ $34,203
Cash and Non-Interest-Bearing Accounts$113,574$186,160▲ $72,586
Total Assets$967,287$1,064,076▲ $96,789
Other Assets Total$1,525$1,525→ $0
Liabilities
Other Liabilities$1,050$1,050→ $0
Total Liabilities$1,050$1,050→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$966,237$1,063,026▲ $96,789
Total Net Assets Fund Balance$966,237$1,063,026▲ $96,789
Total Liabilities and Net Assets / Fund Balance$967,287$1,064,076▲ $96,789

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$444,176$98,195$414,549
Equipment$17,921$266,393$284,314
Land$136,300-$103,860
Other Land Buildings$28,492$10,301$29,955
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
David SaadPresident
Denise PoliquinDirector
Deborah HochSecretary
Michael DresslerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$304,918
Investment Income
$142
Other Revenue
$446
Change in Net Assets
$96,789
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$140,439
Other Expenses$67,278
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,321--$115,321
Depreciation Depletion$21,574$3,270-$24,844
Other Employee Benefits$15,727--$15,727
Occupancy$9,664$5,521-$15,185
Payroll Taxes$9,391--$9,391
Insurance$3,839$2,688-$6,527
Fees for Services Accounting-$4,284-$4,284
Other Expenses$1,028$719-$1,747
Conferences and Meetings-$1,060-$1,060
Grants to Domestic Individuals$1,000--$1,000
Travel$910--$910
Fees for Services Legal$850--$850
Total Functional Expenses$189,074$19,643$0$208,717
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
Rental Security Deposit$1,050
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 board of directors review the 990 at the meeting following the completion of the tax return. Once the return is approved by the board, the cpa is then given the authority to efile the tax return.”

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

“A conflict of interest form is filled out yearly by the board of directors and any other person the board deems necessary.”

Form 990, Part VI, Section C, Line 19

“All documents available upon request at the physical location of the organization.”

Filing and Contact Details

Filer

Filer Name
Seekonk Cable Access Inc
EIN
04-2951972
Phone
5083366770
Address
580 ARCADE AVENUE, SEEKONK, MA 02771

Signing Officer

Name
David Saad
Title
President
Phone
5083366770
Signed
2022-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Saad
Formed
1986
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Feeney Pinkerton LLC
Address
690 WARREN AVENUE, EAST PROVIDENCE, RI 02914
Preparer
William a Feeney
Phone
4014311010
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEW THE 990 AT THE MEETING FOLLOWING THE COMPLETION OF THE TAX RETURN. ONCE THE RETURN IS APPROVED BY THE BOARD, THE CPA IS THEN GIVEN THE AUTHORITY TO EFILE THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CONFLICT OF INTEREST FORM IS FILLED OUT YEARLY BY THE BOARD OF DIRECTORS AND ANY OTHER PERSON THE BOARD DEEMS NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS AVAILABLE UPON REQUEST AT THE PHYSICAL LOCATION OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0967287
IRS990/TotalAssetsEOYAmt01064076
IRS990/TotalAssetsGrp/BOYAmt0967287
IRS990/TotalAssetsGrp/EOYAmt01064076
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019643
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0189074
IRS990/TotalFunctionalExpensesGrp/TotalAmt0208717
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01050
IRS990/TotalLiabilitiesEOYAmt01050
IRS990/TotalLiabilitiesGrp/BOYAmt01050
IRS990/TotalLiabilitiesGrp/EOYAmt01050
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0966237
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01063026
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0189074
IRS990/TotalProgramServiceRevenueAmt0304918
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0446
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0305060
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0305506
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0967287
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01064076
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0910
IRS990/TravelGrp/TotalAmt0910
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/USAddress/AddressLine1Txt0580 ARCADE AVENUE
IRS990/USAddress/CityNm0SEEKONK
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002771
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.TV9SEEKONK.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID SAAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEEKONK CABLE ACCESS INC
ReturnHeader/Filer/BusinessNameControlTxt0SEEK
ReturnHeader/Filer/EIN0042951972
ReturnHeader/Filer/PhoneNum05083366770
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ReturnHeader/Filer/USAddress/CityNm0SEEKONK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050466382
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FEENEY PINKERTON LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0690 WARREN AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST PROVIDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002914
ReturnHeader/PreparerPersonGrp/PhoneNum04014311010
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM A FEENEY
ReturnHeader/ReturnTs02022-09-15T06:46:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SAAD
ReturnHeader/TaxPeriodBeginDt02020-11-01
ReturnHeader/TaxPeriodEndDt02021-10-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,064,076
Liabilities
$1,050
Net assets
$1,063,026
Revenue
$305,506
Expenses
$208,717
Net income
$96,789
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$0.08$0.25$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.29$0.22$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.03$1.16$0.31$0.20$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.31$0.21$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.24$0.22$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.94$0.31$0.25$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.88$0.32$0.37$0.05
2017Summary only. Only limited summary data is available for this year.$1.04$0.11$0.93$0.32$0.22$0.10
2016Summary only. Only limited summary data is available for this year.$0.97$0.14$0.83$0.30$0.19$0.11
2015Summary only. Only limited summary data is available for this year.$0.89$0.18$0.71$0.29$0.19$0.10
2014Summary only. Only limited summary data is available for this year.$0.82$0.21$0.62$0.27$0.21$0.07
2013Summary only. Only limited summary data is available for this year.$0.79$0.24$0.55$0.27$0.18$0.09
2012Summary only. Only limited summary data is available for this year.$0.46$0.00$0.46$0.26$0.19$0.07
2011Summary only. Only limited summary data is available for this year.$0.39$0.00$0.39$0.23$0.24$0.01