Civic Intelligence

Willinet Inc.

990EZ • Fiscal year 2024 • EIN 04-3253056

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 28, 2024

34 Spring StreetWilliamstown, MA 01267

(413) 884-3309

Siviq Scores

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

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

12th percentile

-37%

Higher net margin than 12% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$86,277

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 56.1% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

25th percentile

-18%

Faster asset growth than 25% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-25%

Faster revenue growth than 22% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$249,671

Down $55,491 (-18%) from 2023

Net Assets

Down

$238,396

Down $55,490 (-19%) from 2023

Liabilities

Down

$11,275

Down $1 (-0.0%) from 2023

Revenue

Down

$153,722

Down $52,101 (-25%) from 2023

Expenses

Up

$209,840

Up $37,613 (+22%) from 2023

Net Income

Down

-$56,118

Down $89,714 (-267%) from 2023

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $135,386Liabilities 2011: $0Net Assets 2011: $135,3862011Assets 2012: $192,461Liabilities 2012: $0Net Assets 2012: $192,4612012Assets 2013: $199,604Liabilities 2013: $0Net Assets 2013: $199,6042013Assets 2014: $179,715Liabilities 2014: $0Net Assets 2014: $179,7152014Assets 2015: $172,238Liabilities 2015: $0Net Assets 2015: $172,2382015Assets 2016: $175,895Liabilities 2016: $0Net Assets 2016: $175,8952016Assets 2017: $178,882Liabilities 2017: $0Net Assets 2017: $178,8822017Assets 2018: $176,748Liabilities 2018: $0Net Assets 2018: $176,7482018Assets 2019: $191,200Liabilities 2019: $0Net Assets 2019: $191,2002019Assets 2020: $182,801Liabilities 2020: $0Net Assets 2020: $182,8012020Assets 2021: $272,011Liabilities 2021: $21,501Net Assets 2021: $250,5102021Assets 2022: $287,392Liabilities 2022: $27,102Net Assets 2022: $260,2902022Assets 2023: $305,162Liabilities 2023: $11,276Net Assets 2023: $293,8862023Assets 2024: $249,671Liabilities 2024: $11,275Net Assets 2024: $238,3962024Assets 2025: $288,684Liabilities 2025: $11,278Net Assets 2025: $277,4062025

Highlighted filing

2024

Assets$249,671
Liabilities$11,275
Net Assets$238,396

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $102,413Expenses 2011: $94,159Net Income 2011: $8,2542011Revenue 2012: $169,516Expenses 2012: $112,441Net Income 2012: $57,0752012Revenue 2013: $134,021Expenses 2013: $126,878Net Income 2013: $7,1432013Revenue 2014: $108,905Expenses 2014: $128,794Net Income 2014: -$19,8892014Revenue 2015: $124,886Expenses 2015: $132,365Net Income 2015: -$7,4792015Revenue 2016: $138,878Expenses 2016: $135,222Net Income 2016: $3,6562016Revenue 2017: $138,254Expenses 2017: $135,267Net Income 2017: $2,9872017Revenue 2018: $152,200Expenses 2018: $154,334Net Income 2018: -$2,1342018Revenue 2019: $156,396Expenses 2019: $141,995Net Income 2019: $14,4012019Revenue 2020: $142,550Expenses 2020: $150,949Net Income 2020: -$8,3992020Revenue 2021: $252,946Expenses 2021: $165,168Net Income 2021: $87,7782021Revenue 2022: $183,885Expenses 2022: $174,105Net Income 2022: $9,7802022Revenue 2023: $205,823Expenses 2023: $172,227Net Income 2023: $33,5962023Revenue 2024: $153,722Expenses 2024: $209,840Net Income 2024: -$56,1182024Revenue 2025: $223,000Expenses 2025: $178,989Net Income 2025: $44,0112025

Highlighted filing

2024

Revenue$153,722
Expenses$209,840
Net Income-$56,118
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 28, 2024
Return Version
2023v5.0
Gross Receipts
$157,220
Mission and Program Overview

Mission

To provide the citizens of Williamstown free access to video technology and training, and to show town government proceedings, school committee business, community events and locally created and sponsored programming. WilliNet serves as an avenue of free speech for the people of Williamstown to communicate, educate, and entertain.

PUBLIC ACCESS TELEVISION

Program Services

DescriptionGrantsExpenses
PRODUCTION OF PUBLIC PROGRAMS AND BROADCASTING OF PUBLIC MEETINGS.-$209,840
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEBORAH DANEExecutive DiFT$86,277-$86,277
MARGE CHAMBERLAINPresident-$0--
CHRISTOPHER KARAMPATSOSTreasurer-$0--
LYNN CHICKSecretary-$0--
JONATHAN LEAMONDirector-$0--
BILL JANNENDirector-$0--
MARY KENNEDYDirector-$0--
FRANCESCA PARISDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraisers$24,630$24,630$3,498$21,132
Total Events$24,630$24,630$3,498$21,132
Filing and Contact Details

Filer

Filer Name
Willinet Inc
EIN
04-3253056
Phone
4138843309
Address
34 SPRING STREET, WILLIAMSTOWN, MA 01267

Signing Officer

Name
Christopher Karampatsos
Title
Treasurer
Phone
4134580900
Signed
2024-10-28

Preparer

Firm
Killeen Arace & Quinn Pc
Address
PO BOX 1819, PITTSFIELD, MA 01202-1819
Preparer
Christine Arace CPA
Phone
4134437366
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other income 1,050 total 1,050

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 156 office 3,391 information technology 1,699 insurance 9,122 bank charges 128 miscellaneous 493 fees 19 membership dues 959 minor equipment 1,103 consultant 4,388 non-investment depreciation 41,244 total 62,702

Form 990-ez, Part I, Line 20

Unrealized gain on investment 628

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 11,276 11,275

Raw XML Appendix167 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.

Path#Value
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DEBORAH DANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARGE CHAMBERLAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRISTOPHER KARAMPATSOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LYNN CHICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JONATHAN LEAMON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BILL JANNEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MARY KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7FRANCESCA PARIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0628
IRS990EZ/OtherExpensesTotalAmt062702
IRS990EZ/OtherRevenueTotalAmt01050
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03498
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER INCOME 1,050 TOTAL 1,050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 156 OFFICE 3,391 INFORMATION TECHNOLOGY 1,699 INSURANCE 9,122 BANK CHARGES 128 MISCELLANEOUS 493 FEES 19 MEMBERSHIP DUES 959 MINOR EQUIPMENT 1,103 CONSULTANT 4,388 NON-INVESTMENT DEPRECIATION 41,244 TOTAL 62,702
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAIN ON INVESTMENT 628
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 11,276 11,275
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER KARAMPATSOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04134580900
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WILLINET INC
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0043253056
ReturnHeader/Filer/PhoneNum04138843309
ReturnHeader/Filer/USAddress/AddressLine1Txt034 SPRING STREET
ReturnHeader/Filer/USAddress/CityNm0WILLIAMSTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001267
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042832237
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KILLEEN ARACE & QUINN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1819
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0012021819
ReturnHeader/PreparerPersonGrp/PhoneNum04134437366
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE ARACE CPA
ReturnHeader/ReturnTs02024-10-28T14:02:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.11$2.77$2.23$1.79$0.44
2024Detailed filing. Detailed filing data is available for this year.$2.50$0.11$2.38$1.54$2.10$0.56
2023Detailed filing. Detailed filing data is available for this year.$3.05$0.11$2.94$2.06$1.72$0.34
2022Detailed filing. Detailed filing data is available for this year.$2.87$0.27$2.60$1.84$1.74$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.72$0.22$2.51$2.53$1.65$0.88
2020Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$1.43$1.51$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$1.56$1.42$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$1.52$1.54$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$1.38$1.35$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$1.39$1.35$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$1.25$1.32$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$1.09$1.29$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.00$2.00$1.34$1.27$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.00$1.92$1.70$1.12$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.00$1.35$1.02$0.94$0.08