Civic Intelligence

Seekonk Cable Access Inc.

990 • Fiscal year 2022 • EIN 04-2951972

Nov 01, 2021 to Oct 31, 2022 • Filed on Sep 13, 2023

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

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

50th percentile

0.08x

Higher debt load relative to revenue than 50% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

82nd percentile

34%

Higher net margin than 82% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

68th percentile

11%

Faster asset growth than 68% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

42nd percentile

1.2%

Faster revenue growth than 42% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets37th percentile

Assets

Up

$1,184,162

Up $120,086 (+11%) from 2021

Net Assets

Up

$1,158,573

Up $95,547 (+9.0%) from 2021

Liabilities

Up

$25,589

Up $24,539 (+2337%) from 2021

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin82nd percentile

Revenue

Up

$309,238

Up $3,732 (+1.2%) from 2021

Expenses

Down

$204,561

Down $4,156 (-2.0%) from 2021

Net Income

Up

$104,677

Up $7,888 (+8.1%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth68th 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

2022

Assets$1,184,162
Liabilities$25,589
Net Assets$1,158,573
Open 2022 Filing

Operations Trend

Revenue Growth42nd 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

2022

Revenue$309,238
Expenses$204,561
Net Income$104,677
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2021 to Oct 31, 2022
Signed
Sep 13, 2023
Return Version
2021v4.2
Gross Receipts
$372,114
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$626,889$645,253▲ $18,364
Savings and Temporary Cash Investments$249,502$409,186▲ $159,684
Investments Other Securities-$63,256-
Cash and Non-Interest-Bearing Accounts$186,160$34,148▼ $152,012
Total Assets$1,064,076$1,184,162▲ $120,086
Other Assets Total$1,525$32,319▲ $30,794
Liabilities
Mortgage Notes Payable Secured by Investment Property-$24,539-
Other Liabilities$1,050$1,050→ $0
Total Liabilities$1,050$25,589▲ $24,539
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,063,026$1,158,573▲ $95,547
Total Net Assets Fund Balance$1,063,026$1,158,573▲ $95,547
Total Liabilities and Net Assets / Fund Balance$1,064,076$1,184,162▲ $120,086

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$430,269$112,102$414,549
Equipment$52,548$271,305$323,853
Land$136,300-$103,860
Other Land Buildings$26,136$12,657$29,955
Other Securities$9,102--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
David SaadPresident
Jeffrey Starr MararianDirector
Peter HoogerzeilDirector
Doreen TaylorSecretary
Michael DresslerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$304,542
Investment Income
$5,264
Other Revenue
$-568
Change in Net Assets
$104,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$137,065
Other Expenses$59,596
Grants and Similar Amounts Paid$7,900
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$111,111--$111,111
Other Employee Benefits$17,769--$17,769
Depreciation Depletion$13,079$4,230-$17,309
Occupancy$9,766$5,773-$15,539
Payroll Taxes$8,185--$8,185
Grants to Domestic Orgs$6,400--$6,400
Insurance$3,214$2,250-$5,464
Other Expenses$1,974$1,383-$3,357
Grants to Domestic Individuals$1,500--$1,500
All Other Expenses$561$129-$690
Fees for Services Accounting-$124-$124
Fees for Services Legal$71--$71
Total Functional Expenses$188,358$16,203$0$204,561
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
2023-09-13
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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0322888
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01485025
IRS990ScheduleA/TotalSupportAmt01489931
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0430269
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0112102
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0127822
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0414549
IRS990ScheduleD/EquipmentGrp/BookValueAmt052548
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0271305
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0323853
IRS990ScheduleD/LandGrp/BookValueAmt0136300
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt032440
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0103860
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026136
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012657
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt08838
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029955
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENTAL SECURITY DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt015334
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt19045
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt212770
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt311606
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt45399
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt59102
IRS990ScheduleD/OtherSecuritiesGrp/Desc0100 SH APPLE
IRS990ScheduleD/OtherSecuritiesGrp/Desc150 SH CHEVRON
IRS990ScheduleD/OtherSecuritiesGrp/Desc21000 SH ENERGY TRANSFER PARTNERS
IRS990ScheduleD/OtherSecuritiesGrp/Desc350 SH MICROSOFT
IRS990ScheduleD/OtherSecuritiesGrp/Desc480 SH NVIDIA
IRS990ScheduleD/OtherSecuritiesGrp/Desc540 SH TESLA
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0645253
IRS990ScheduleD/TotalBookValueSecuritiesAmt063256
IRS990ScheduleD/TotalLiabilityAmt01050
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01064076
IRS990/TotalAssetsEOYAmt01184162
IRS990/TotalAssetsGrp/BOYAmt01064076
IRS990/TotalAssetsGrp/EOYAmt01184162
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016203
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0188358
IRS990/TotalFunctionalExpensesGrp/TotalAmt0204561
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01050
IRS990/TotalLiabilitiesEOYAmt025589
IRS990/TotalLiabilitiesGrp/BOYAmt01050
IRS990/TotalLiabilitiesGrp/EOYAmt025589
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01063026
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01158573
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0188358
IRS990/TotalProgramServiceRevenueAmt0304542
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-583
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0309821
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0309238
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01064076
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01184162
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID SAAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05083366770
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-13
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
ReturnHeader/Filer/USAddress/ZIPCd002771
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/PreparationDt02023-09-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM A FEENEY
ReturnHeader/ReturnTs02023-09-13T09:53:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SAAD
ReturnHeader/TaxPeriodBeginDt02021-11-01
ReturnHeader/TaxPeriodEndDt02022-10-31
ReturnHeader/TaxYr02021

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Filings

Displayed year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,184,162
Liabilities
$25,589
Net assets
$1,158,573
Revenue
$309,238
Expenses
$204,561
Net income
$104,677
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