Liabilities / Assets
38th percentile
Higher debt load relative to assets than 38% of similar nonprofits.
990 • Fiscal year 2023 • EIN 04-3179126
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
38th percentile
Higher debt load relative to assets than 38% of similar nonprofits.
Liabilities / Revenue
40th percentile
Higher debt load relative to revenue than 40% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
57th percentile
Higher top officer pay than 57% of similar nonprofits.
Top officer pay equals 9.2% of source-year revenue.
Asset Growth
62nd percentile
Faster asset growth than 62% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Assets
Up$1,510,769
Up $133,114 (+9.7%) from 2022
Net Assets
Up$1,475,597
Up $131,893 (+9.8%) from 2022
Liabilities
Up$35,172
Up $1,221 (+3.6%) from 2022
Revenue
Up$825,593
Up $104,807 (+15%) from 2022
Expenses
Down$747,216
Down $22,711 (-2.9%) from 2022
Net Income
Up$78,377
Up $127,518 (+259%) from 2022
Lowell telecommunication corporation's mission is to provide open access to information and technology and be a hub for the distribution of locally produced media and ideas, thus providing a space for community development and for personal empowerment. Lowell telecommunication corporation is the independent and non-profit community access media and technology center that proudly serves the diverse urban population of lowell, ma. Anyone who works or lives in the city of lowell, and those beyond, may become a member and use its facilities.
Lowell telecommunication corporation's mission is to strengthen the city of lowell as a community media and education center that empowers, connects, and informs all residents, businesses, and organizations in the city. Ltc provides equipment, facilities and training to lowell residents to produce programming for ltc's three channels. Ltc also provides gallery space for local artists, youth media programs, and production services for businesses.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $256,511 | $566,883 | ▲ $310,372 |
| Accounts Receivable | $524,888 | $262,271 | ▼ $262,617 |
| Cash and Non-Interest-Bearing Accounts | $70,076 | $134,549 | ▲ $64,473 |
| Land, Buildings, and Equipment, Net | $68,753 | $45,830 | ▼ $22,923 |
| Prepaid Expenses and Deferred Charges | $19,492 | $9,785 | ▼ $9,707 |
| Total Assets | $1,377,655 | $1,510,769 | ▲ $133,114 |
| Other Assets Total | $437,935 | $491,451 | ▲ $53,516 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $33,951 | $35,172 | ▲ $1,221 |
| Total Liabilities | $33,951 | $35,172 | ▲ $1,221 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,342,932 | $1,475,024 | ▲ $132,092 |
| Net Assets With Donor Restrictions | $772 | $573 | ▼ $199 |
| Total Net Assets Fund Balance | $1,343,704 | $1,475,597 | ▲ $131,893 |
| Total Liabilities and Net Assets / Fund Balance | $1,377,655 | $1,510,769 | ▲ $133,114 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $45,830 | $1,531,235 | $1,577,065 |
| Other Assets Org | $491,451 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $437,935 | - | ▲ $61,516 | - | $491,451 |
| 2021 | - | $500,000 | ▼ $59,993 | - | $437,935 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Daniel Bazarian | Executive Di | FT | $68,028 | $8,306 | $76,334 |
| Bora Chiemruom | Former Ed | - | $40,554 | - | $40,554 |
| Name | Title |
|---|---|
| Pavel Romaniko | Chair - Boar |
| Connie Martin | Chair - Fund |
| Eric Sack | President |
| Allesandra Fisher | Director |
| Fabiola Rivera White | Director |
| Francois Decosterd | Director |
| Jennifer Myers | Director |
| Kevin Wetmore | Director |
| Stacey Thompson | Director |
| Susie Chhoun | Director |
| Vesna Nuon | Director |
| Beth Noel | Director 11/ |
| Charlie Smith | Director 11/ |
| Elizabeth Noel | Director 11/ |
| Jennifer Aradhya | Director 11/ |
| Jess Donaldson | Director 11/ |
| Luz Vasudevan | Director 11/ |
| Sue Kim | Director 11/ |
| Karen Sennott | Clerk |
| Justin Leach | Treasurer |
| Sidney Liang | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $439,229 |
| Other Expenses | $307,987 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $247,064 | $47,016 | - | $294,080 |
| Occupancy | $149,140 | $16,885 | - | $166,025 |
| Current Officers, Directors, Trustees, and Key Employees | $79,316 | - | - | $79,316 |
| Payroll Taxes | $30,424 | $4,512 | - | $34,936 |
| Depreciation Depletion | $26,946 | $6,737 | - | $33,683 |
| Fees for Services Other | $31,602 | - | - | $31,602 |
| Other Employee Benefits | $24,819 | $4,710 | - | $29,529 |
| Fees for Services Legal | - | $18,240 | - | $18,240 |
| Office Expenses | $10,107 | $3,157 | - | $13,264 |
| Information Technology | $9,560 | $2,390 | - | $11,950 |
| Fees for Services Accounting | - | $9,900 | - | $9,900 |
| All Other Expenses | $3,459 | $1,562 | - | $5,021 |
| Other Expenses | $1,417 | $945 | - | $2,362 |
| Advertising | - | $1,940 | - | $1,940 |
| Conferences and Meetings | $1,501 | $375 | - | $1,876 |
| Pension Plan Contributions | $1,015 | $353 | - | $1,368 |
| Insurance | - | $1,164 | - | $1,164 |
| Total Functional Expenses | $624,982 | $122,234 | $0 | $747,216 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $747,216 |
| Total Expenses per Audited Statements | $747,216 |
| Total Expenses per Form 990 | $747,216 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“A meeting will be held between the finance committee and the external auditors following the completion of the annual audit. The meeting will include discussions relating to the performance of management, results from operations, scope limitations, proposed adjusting entries, changes in accounting and tax matters and other topics at the discretion of the auditors or members of the finance committee.”
“A form is completed annually by current board members. Ltc personnel policies state that ltc employees have an obligation to conduct business within guidelines that prohibit actual or potential conflicts of interest. If employees have any influence on transactions involving purchases contracts, or leases, it is requested that they disclose to an officer of ltc as soon as possible the existence of any actual or potential conflict of interest so that safeguards can be established to protect all parties.”
“Members of the executive committee meet and discuss the performance of the executive director annually. Compensation is based upon performance and a comparative process is used when determining the level of compensation. Data is gathered from similar sized non-profit organizations in the area with similar budgets.”
“All statements and forms are available upon request from the main office.”
“Lowell telecommunication corporation's mission is to strengthen the city of lowell as a community media and education center that empowers, connects, and informs all residents, businesses, and organizations in the city. Ltc provides equipment, facilities and training to lowell residents to produce programming for ltc's three channels. Ltc also provides gallery space for local artists, youth media programs, and production services for businesses.”
“Change in net asset value of beneficial interest 53,516”
“The purpose of the fund is to provide annual support, and as necessary capital support, to lowell telemedia center in furtherance of the agency's mission to strengthen the city of lowell as a community media and education center that empowers, connects, and informs all residents, businesses, and organizations in the city.”
“The organization has been granted tax-exempt status under internal revenue code section 501(c)(3) and is, therefore, generally exempt from federal and state income taxes. Accordingly, no provision for income taxes has been provided for in the accompanying financial statements. Asc 740-10, "accounting for uncertainty in income taxes," requires the organization to evaluate and disclose tax positions that could have an effect on the organization's financial statements. The organization reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filing. Management believes it is no longer subject to review by the taxing authorities for periods before 2020. Substantially all the organization's income, expenditures and activities relate to its exempt purpose, therefore, management has determined that the organization is not subject to unrelated business income taxes and will continue to qualify as a tax-exempt not-for-profit entity.”
“Change in net asset value of beneficial interest -53,516”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 33951 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 35172 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 524888 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 262271 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | LOWELL TELECOMMUNICATION CORPORATION'S MISSION IS TO STRENGTHEN THE CITY OF LOWELL AS A COMMUNITY MEDIA AND EDUCATION CENTER THAT EMPOWERS, CONNECTS, AND INFORMS ALL RESIDENTS, BUSINESSES, AND ORGANIZATIONS IN THE CITY. LTC PROVIDES EQUIPMENT, FACILITIES AND TRAINING TO LOWELL RESIDENTS TO PRODUCE PROGRAMMING FOR LTC'S THREE CHANNELS. LTC ALSO PROVIDES GALLERY SPACE FOR LOCAL ARTISTS, YOUTH MEDIA PROGRAMS, AND PRODUCTION SERVICES FOR BUSINESSES. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 1940 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1940 |
| IRS990/AllOtherContributionsAmt | 0 | 629739 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1562 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 3459 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 5021 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9784585400 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 246 MARKET STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LOWELL |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01852 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 70076 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 134549 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 79316 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 79316 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 375 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 1501 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1876 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 640455 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 232 |
| IRS990/CYOtherExpensesAmt | 0 | 307987 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 184906 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 78377 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 439229 |
| IRS990/CYTotalExpensesAmt | 0 | 747216 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 825593 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 6737 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 26946 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 33683 |
| IRS990/Desc | 0 | PROVIDES PROGRAMMING ON THE PUBLIC ACCESS, INCLUDING LIVE COVERAGE OF CITY COUNCIL AND SCHOOL COMMITTEE MEETINGS, COMMUNITY PRODUCED PROGRAMMING, AND A COMPUTER GENERATED BULLETIN BOARD OF COMMUNITY ANNOUNCEMENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 772 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 573 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 362642 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 9900 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 9900 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 18240 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 18240 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 31602 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 31602 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 8306 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DANIEL BAZARIAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BORA CHIEMRUOM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ERIC SACK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SIDNEY LIANG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JUSTIN LEACH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KAREN SENNOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | PAVEL ROMANIKO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CONNIE MARTIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | STACEY THOMPSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | VESNA NUON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JENNIFER MYERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | FABIOLA RIVERA WHITE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | KEVIN WETMORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | ALLESANDRA FISHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | FRANCOIS DECOSTERD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | SUSIE CHHOUN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | SUE KIM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | JENNIFER ARADHYA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | ELIZABETH NOEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | LUZ VASUDEVAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | CHARLIE SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | JESS DONALDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | BETH NOEL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 68028 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 40554 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | FORMER ED |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CHAIR - BOAR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHAIR - FUND |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR 11/ |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR 11/ |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR 11/ |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR 11/ |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR 11/ |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | DIRECTOR 11/ |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | DIRECTOR 11/ |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1992 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GovernmentGrantsAmt | 0 | 2629 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 825593 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 2390 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 9560 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 11950 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1164 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1164 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 232 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 232 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1531235 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 68753 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 45830 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1577065 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembershipDuesAmt | 0 | 8087 |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | LOWELL TELECOMMUNICATION CORPORATION'S MISSION IS TO STRENGTHEN THE CITY OF LOWELL AS A COMMUNITY MEDIA AND EDUCATION CENTER THAT EMPOWERS, CONNECTS, AND INFORMS ALL RESIDENTS, BUSINESSES, AND ORGANIZATIONS IN THE CITY. LTC PROVIDES EQUIPMENT, FACILITIES AND TRAINING TO LOWELL RESIDENTS TO PRODUCE PROGRAMMING FOR LTC'S THREE CHANNELS. LTC ALSO PROVIDES GALLERY SPACE FOR LOCAL ARTISTS, YOUTH MEDIA PROGRAMS, AND PRODUCTION SERVICES FOR BUSINESSES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1343704 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1475597 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1342932 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1475024 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 16885 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 149140 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 166025 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3157 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 10107 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 13264 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 437935 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 491451 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 53516 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 4710 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 24819 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 29529 |
| IRS990/OtherExpensesGrp/Desc | 0 | TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 1 | STUDIO EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | PAYROLL SERVICE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 881 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 687 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 780 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 945 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 3526 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 2747 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2339 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 1417 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 4407 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3434 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3119 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2362 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 47016 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 247064 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 294080 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 4512 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 30424 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 34936 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 353 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 1015 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 1368 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 19492 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 9785 |
| IRS990/PrincipalOfficerNm | 0 | ERIC SACK |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | FEES FOR SERVICE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 184906 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 184906 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | LOWELL TELECOMMUNICATION CORPORATION'S GOVERNMENT ACCESS CHANNEL FEATURES PROGRAMS FOCUSING ON MUNICIPAL AGENCIES AND THEIR ACTIVITIES TO KEEP CITIZENS INFORMED ABOUT CITY HALL. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 262340 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 163431 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 544283 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | -3062 |
| IRS990/PYOtherExpensesAmt | 0 | 318074 |
| IRS990/PYOtherRevenueAmt | 0 | 4039 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 175526 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -49141 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 451853 |
| IRS990/PYTotalExpensesAmt | 0 | 769927 |
| IRS990/PYTotalRevenueAmt | 0 | 720786 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 78377 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 21475 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 256511 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 566883 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 640455 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 544283 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 695353 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 636264 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 654205 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 3170560 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 232 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 417 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3143 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4774 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3980 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 12546 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 184906 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 179565 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 180389 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 182250 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 181445 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits
Spearfish, SD
View Organization501(c)3
Revenue vs current organization
80% lowerAssets vs current organization
About the sameWarrenton, MO
View Organization501(c)3
Revenue vs current organization
39% higherAssets vs current organization
About the sameLincoln, CA
View Organization501(c)3
Revenue vs current organization
93% lowerAssets vs current organization
About the sameLaredo, TX
View Organization501(c)3
Revenue vs current organization
83% higherAssets vs current organization
12% lower