Civic Intelligence

Weymouth Educational Telecommunicators Corporation Inc.

990 • Fiscal year 2024 • EIN 04-3318911

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 28, 2025

Organization ProfileWWW.WEYMOUTH.TV
775 Pleasant Street Ste 12Weymouth, MA 02189-2355

(781) 331-3400

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.07x

Higher debt load relative to assets than 52% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

44th percentile

2.1%

Higher net margin than 44% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

37th percentile

-0.0%

Faster asset growth than 37% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-10%

Faster revenue growth than 22% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Down

$1,476,766

Down $407 (-0.0%) from 2023

Net Assets

Up

$1,375,925

Up $46,346 (+3.5%) from 2023

Liabilities

Down

$100,841

Down $46,753 (-32%) from 2023

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin44th percentile

Revenue

Down

$858,413

Down $97,540 (-10%) from 2023

Expenses

Down

$840,807

Down $36,158 (-4.1%) from 2023

Net Income

Down

$17,606

Down $61,382 (-78%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $418,032Liabilities 2011: $0Net Assets 2011: $418,0322011Assets 2012: $428,018Liabilities 2012: $0Net Assets 2012: $428,0182012Assets 2013: $489,361Liabilities 2013: $0Net Assets 2013: $489,3612013Assets 2014: $529,306Liabilities 2014: $0Net Assets 2014: $529,3062014Assets 2015: $494,986Liabilities 2015: $0Net Assets 2015: $494,9862015Assets 2016: $416,203Liabilities 2016: $0Net Assets 2016: $416,2032016Assets 2017: $1,457,914Liabilities 2017: $33,261Net Assets 2017: $1,424,6532017Assets 2018: $1,461,098Liabilities 2018: $31,438Net Assets 2018: $1,429,6602018Assets 2019: $1,454,499Liabilities 2019: $33,154Net Assets 2019: $1,421,3452019Assets 2020: $1,421,311Liabilities 2020: $45,993Net Assets 2020: $1,375,3182020Assets 2021: $1,332,893Liabilities 2021: $54,294Net Assets 2021: $1,278,5992021Assets 2022: $1,249,802Liabilities 2022: $36,926Net Assets 2022: $1,212,8762022Assets 2023: $1,477,173Liabilities 2023: $147,594Net Assets 2023: $1,329,5792023Assets 2024: $1,476,766Liabilities 2024: $100,841Net Assets 2024: $1,375,9252024Assets 2025: $1,284,370Liabilities 2025: $68,708Net Assets 2025: $1,215,6622025

Highlighted filing

2024

Assets$1,476,766
Liabilities$100,841
Net Assets$1,375,925
Open 2024 Filing

Operations Trend

Revenue Growth22nd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $635,0842011Expenses 2012: $613,8332012Revenue 2013: $656,845Expenses 2013: $595,347Net Income 2013: $61,4982013Revenue 2014: $670,731Expenses 2014: $623,532Net Income 2014: $47,1992014Revenue 2015: $708,148Expenses 2015: $729,208Net Income 2015: -$21,0602015Revenue 2016: $721,924Expenses 2016: $792,896Net Income 2016: -$70,9722016Revenue 2017: $1,122,417Expenses 2017: $829,238Net Income 2017: $293,1792017Revenue 2018: $1,039,054Expenses 2018: $807,310Net Income 2018: $231,7442018Revenue 2019: $1,020,514Expenses 2019: $825,933Net Income 2019: $194,5812019Revenue 2020: $963,736Expenses 2020: $807,826Net Income 2020: $155,9102020Revenue 2021: $738,592Expenses 2021: $832,609Net Income 2021: -$94,0172021Revenue 2022: $720,178Expenses 2022: $745,153Net Income 2022: -$24,9752022Revenue 2023: $955,953Expenses 2023: $876,965Net Income 2023: $78,9882023Revenue 2024: $858,413Expenses 2024: $840,807Net Income 2024: $17,6062024Revenue 2025: $659,082Expenses 2025: $840,863Net Income 2025: -$181,7812025

Highlighted filing

2024

Revenue$858,413
Expenses$840,807
Net Income$17,606
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 28, 2025
Return Version
2023v6.0
Gross Receipts
$1,547,140
Mission and Program Overview

Mission

The corporation's primary exempt purpose is operating educational programs, television programming, and television facilities that will provide the residents and students of the town of weymouth, ma with training in the use of such television facilities and educational channels in connection with the cable system serving the town. Effective jan. 1, 2005, the corporation expanded their operation to include operation of public access and government access channels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$621,140$727,017▲ $105,877
Land, Buildings, and Equipment, Net$285,401$340,584▲ $55,183
Accounts Receivable$179,452$166,188▼ $13,264
Cash and Non-Interest-Bearing Accounts$233,674$122,593▼ $111,081
Savings and Temporary Cash Investments$49,675$49,522▼ $153
Prepaid Expenses and Deferred Charges$13,084$9,928▼ $3,156
Total Assets$1,477,173$1,476,766▼ $407
Other Assets Total$94,747$60,934▼ $33,813
Liabilities
Other Liabilities$82,175$52,985▼ $29,190
Accounts Payable and Accrued Expenses$40,353$39,478▼ $875
Deferred Revenue$25,066$8,378▼ $16,688
Total Liabilities$147,594$100,841▼ $46,753
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,329,579$1,375,925▲ $46,346
Total Net Assets Fund Balance$1,329,579$1,375,925▲ $46,346
Total Liabilities and Net Assets / Fund Balance$1,477,173$1,476,766▼ $407

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$192,495$653,366$845,861
Leasehold Improvements$136,273$121,396$257,669
Other Land Buildings$11,816$7,484$19,300
Investment Program Related Org$32,984--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Glenn HeathPresident
Chris CastroDirector
Christopher PotterDirector
Russ DrysdaleDirector
James DuffyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Pro Av SystemsVideo Install275 BILLERICA RD, Chelmsford, MA 01824$118,955
Revenue and Support

Revenue Composition

Contributions and Grants
$835,512
Program Service Revenue
$0
Investment Income
$22,901
Other Revenue
$0
All Other Contributions
$678,546
Change in Net Assets
$17,606

Audited Revenue Reconciliation

Revenue per Audited Statements
$858,413
Revenue Not Reported on Form 990
$28,740
Total Revenue per Audited Statements
$887,153
Total Revenue per Form 990
$858,413
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$429,320
Other Expenses$411,487
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$305,861$14,313-$320,174
Occupancy$101,843$2,331-$104,174
Depreciation Depletion$98,472--$98,472
Other Employee Benefits$71,481$4,330-$75,811
Information Technology$60,121--$60,121
Fees for Services Accounting$23,839$13,860-$37,699
Office Expenses$29,201--$29,201
Payroll Taxes$24,562$1,264-$25,826
Other Expenses$21,995--$21,995
Insurance$19,498--$19,498
Pension Plan Contributions$7,071$438-$7,509
Travel$5,790--$5,790
Conferences and Meetings$5,664--$5,664
Total Functional Expenses$804,271$36,536$0$840,807

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$840,809
Expenses per Audited Statements$840,807
Total Expenses per Form 990$840,807
Expenses Not Reported on Form 990$2
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
Right of Use Obligations$52,985
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Board of directors reviews the return before filing.”

Form 990, Page 6, Part VI, Line 15A

“Salary increases are subject to review from the board of directors”

Form 990, Page 6, Part VI, Line 15B

“Salary increases are subject to review from the board of directors”

Form 990, Page 6, Part VI, Line 19

“Governing documents made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Weymouth Educational
EIN
04-3318911
Phone
7813313400
Address
775 PLEASANT STREET STE 12, WEYMOUTH, MA 02189-2355
Doing Business As
Wetc

Signing Officer

Name
James Duffy
Title
Treasurer
Phone
7813313400
Signed
2025-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Duffy
Formed
1996
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
6

Preparer

Firm
D J Gustafson & Co CPA Pc
Address
775 PLEASANT STREET SUITE 5, E WEYMOUTH, MA 02189
Preparer
James W Gustafson CPA
Phone
7813318811
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

“WETC”

FORM 990 - ORGANIZATION'S MISSION

“The corporation's primary exempt purpose is operating educational programs, television programming, and television facilities that will provide the residents and students of the town of weymouth, ma with training in the use of such television facilities and educational channels in connection with the cable system serving the town. Effective jan. 1, 2005, the corporation expanded their operation to include operation of public access and government access channels.”

Form 990, Page 2, Part III, Line 4D

“The corporation is in the business of providing educational programs, television programming, and television facilties to the city of weymouth. Weymouth residents benefit by having a local access cable station. It also provides students of the city of weymouth, ma with training in the use of such television studios and creation of educational programming.”

Form 990, Part XI, Line 9

“Book / tax depreciation difference -2”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

“Book / tax depreciation difference 2”

Raw XML AppendixShowing 400 of 413 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt040353
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt039478
IRS990/AccountsReceivableGrp/BOYAmt0179452
IRS990/AccountsReceivableGrp/EOYAmt0166188
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE CORPORATION'S PRIMARY EXEMPT PURPOSE IS OPERATING EDUCATIONAL PROGRAMS, TELEVISION PROGRAMMING, AND TELEVISION FACILITIES THAT WILL PROVIDE THE RESIDENTS AND STUDENTS OF THE TOWN OF WEYMOUTH, MA WITH TRAINING IN THE USE OF SUCH TELEVISION FACILITIES AND EDUCATIONAL CHANNELS IN CONNECTION WITH THE CABLE SYSTEM SERVING THE TOWN. EFFECTIVE JAN. 1, 2005, THE CORPORATION EXPANDED THEIR OPERATION TO INCLUDE OPERATION OF PUBLIC ACCESS AND GOVERNMENT ACCESS CHANNELS.
IRS990/AllOtherContributionsAmt0678546
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JAMES DUFFY
IRS990/BooksInCareOfDetail/PhoneNum07813313400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08 HILL ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOLBROOK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002343
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0233674
IRS990/CashNonInterestBearingGrp/EOYAmt0122593
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt05664
IRS990/ConferencesMeetingsGrp/TotalAmt05664
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0118955
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0275 BILLERICA RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHELMSFORD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd001824
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PRO AV SYSTEMS
IRS990/ContractorCompensationGrp/ServicesDesc0VIDEO INSTALL
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0835512
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt022901
IRS990/CYOtherExpensesAmt0411487
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt017606
IRS990/CYSalariesCompEmpBnftPaidAmt0429320
IRS990/CYTotalExpensesAmt0840807
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0858413
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt025066
IRS990/DeferredRevenueGrp/EOYAmt08378
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt098472
IRS990/DepreciationDepletionGrp/TotalAmt098472
IRS990/Desc0THE CORPORATION IS IN THE BUSINESS OF PROVIDING EDUCATIONAL PROGRAMS, TELEVISION PROGRAMMING, AND TELEVISION FACILTIES TO THE CITY OF WEYMOUTH. WEYMOUTH RESIDENTS BENEFIT BY HAVING A LOCAL ACCESS CABLE STATION. IT ALSO PROVIDES STUDENTS OF THE CITY OF WEYMOUTH, MA WITH TRAINING IN THE USE OF SUCH TELEVISION STUDIOS AND CREATION OF EDUCATIONAL PROGRAMMING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0WETC
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0779709
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013860
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt023839
IRS990/FeesForServicesAccountingGrp/TotalAmt037699
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRIS CASTRO
IRS990/Form990PartVIISectionAGrp/PersonNm1RUSS DRYSDALE
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES DUFFY
IRS990/Form990PartVIISectionAGrp/PersonNm3GLENN HEATH
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTOPHER POTTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt08194
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0156966
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0696921
IRS990/GrossReceiptsAmt01547140
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt060121
IRS990/InformationTechnologyGrp/TotalAmt060121
IRS990/InsuranceGrp/ProgramServicesAmt019498
IRS990/InsuranceGrp/TotalAmt019498
IRS990/InvestmentIncomeGrp/ExclusionAmt014707
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014707
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0621140
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0727017
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0782246
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0285401
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0340584
IRS990/LandBldgEquipCostOrOtherBssAmt01122830
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0688727
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CORPORATION'S PRIMARY EXEMPT PURPOSE IS OPERATING EDUCATIONAL PROGRAMS, TELEVISION PROGRAMMING, AND TELEVISION FACILITIES THAT WILL PROVIDE THE RESIDENTS AND STUDENTS OF THE TOWN OF WEYMOUTH, MA WITH TRAINING IN THE USE OF SUCH TELEVISION FACILITIES AND EDUCATIONAL CHANNELS IN CONNECTION WITH THE CABLE SYSTEM SERVING THE TOWN. EFFECTIVE JAN. 1, 2005, THE CORPORATION EXPANDED THEIR OPERATION TO INCLUDE OPERATION OF PUBLIC ACCESS AND GOVERNMENT ACCESS CHANNELS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01329579
IRS990/NetAssetsOrFundBalancesEOYAmt01375925
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt08194
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08194
IRS990/NetUnrlzdGainsLossesInvstAmt028740
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01329579
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01375925
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt012735
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02331
IRS990/OccupancyGrp/ProgramServicesAmt0101843
IRS990/OccupancyGrp/TotalAmt0104174
IRS990/OfficeExpensesGrp/ProgramServicesAmt029201
IRS990/OfficeExpensesGrp/TotalAmt029201
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt094747
IRS990/OtherAssetsTotalGrp/EOYAmt060934
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04330
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt071481
IRS990/OtherEmployeeBenefitsGrp/TotalAmt075811
IRS990/OtherExpensesGrp/Desc0GRANT EXPENSES
IRS990/OtherExpensesGrp/Desc1SUBCONTRACT LABOR
IRS990/OtherExpensesGrp/ProgramServicesAmt028873
IRS990/OtherExpensesGrp/ProgramServicesAmt121995
IRS990/OtherExpensesGrp/TotalAmt028873
IRS990/OtherExpensesGrp/TotalAmt121995
IRS990/OtherLiabilitiesGrp/BOYAmt082175
IRS990/OtherLiabilitiesGrp/EOYAmt052985
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014313
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0305861
IRS990/OtherSalariesAndWagesGrp/TotalAmt0320174
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01264
IRS990/PayrollTaxesGrp/ProgramServicesAmt024562
IRS990/PayrollTaxesGrp/TotalAmt025826
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0438
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07071
IRS990/PensionPlanContributionsGrp/TotalAmt07509
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013084
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09928
IRS990/PrincipalOfficerNm0JAMES DUFFY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE CORPORATION IS IN THE BUSINESS OF PROVIDING EDUCATIONAL PROGRAMS, TELEVISION PROGRAMMING, AND TELEVISION FACILTIES TO THE CITY OF WEYMOUTH. WEYMOUTH RESIDENTS BENEFIT BY HAVING A LOCAL ACCESS CABLE STATION. IT ALSO PROVIDES STUDENTS OF THE CITY OF WEYMOUTH, MA WITH TRAINING IN THE USE OF SUCH TELEVISION STUDIOS AND CREATION OF EDUCATIONAL PROGRAMMING.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt024562
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0974676
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-18723
IRS990/PYOtherExpensesAmt0456304
IRS990/PYRevenuesLessExpensesAmt078988
IRS990/PYSalariesCompEmpBnftPaidAmt0420661
IRS990/PYTotalExpensesAmt0876965
IRS990/PYTotalRevenueAmt0955953
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt017606
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/SavingsAndTempCashInvstGrp/BOYAmt049675
IRS990/SavingsAndTempCashInvstGrp/EOYAmt049522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0822777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0961941
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0726348
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0726180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0976216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04213462
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt012735
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt012735
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt011320
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt012735
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt049525
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014707
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018576
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt015725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt015945
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019086
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt084039
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98070
IRS990ScheduleA/PublicSupportPY170Pct00.97930
IRS990ScheduleA/PublicSupportTotal170Amt04262987
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0835512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0974676
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0737668
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0726180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0988951
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04262987
IRS990ScheduleA/TotalSupportAmt04347026
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0192495
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0653366
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0845861
IRS990ScheduleD/ExpensesNotReportedAmt02
IRS990ScheduleD/ExpensesSubtotalAmt0840807
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0469605
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt198048
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt286610
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt339770
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt432984
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0US TREASURY NOTES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1US TREASURY BILLS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2SPDR SHORT TERM TREASURY (SPTS)
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3BANK OF AMERICA (BAC)
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4PROCTOR & GAMBLE (PG)
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4F
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0136273
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0121396
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0257669
IRS990ScheduleD/NetUnrealizedGainsInvstAmt028740
IRS990ScheduleD/OtherExpensesIncludedAmt02
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011816
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07484
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052985
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT OF USE OBLIGATIONS
IRS990ScheduleD/RevenueNotReportedAmt028740
IRS990ScheduleD/RevenueSubtotalAmt0858413
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0340584
IRS990ScheduleD/TotalBookValueProgramRltdAmt0727017
IRS990ScheduleD/TotalExpensesPerForm990Amt0840807
IRS990ScheduleD/TotalLiabilityAmt052985
IRS990ScheduleD/TotalRevenuePerForm990Amt0858413
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0887153
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0840809
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WETC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION'S PRIMARY EXEMPT PURPOSE IS OPERATING EDUCATIONAL PROGRAMS, TELEVISION PROGRAMMING, AND TELEVISION FACILITIES THAT WILL PROVIDE THE RESIDENTS AND STUDENTS OF THE TOWN OF WEYMOUTH, MA WITH TRAINING IN THE USE OF SUCH TELEVISION FACILITIES AND EDUCATIONAL CHANNELS IN CONNECTION WITH THE CABLE SYSTEM SERVING THE TOWN. EFFECTIVE JAN. 1, 2005, THE CORPORATION EXPANDED THEIR OPERATION TO INCLUDE OPERATION OF PUBLIC ACCESS AND GOVERNMENT ACCESS CHANNELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION IS IN THE BUSINESS OF PROVIDING EDUCATIONAL PROGRAMS, TELEVISION PROGRAMMING, AND TELEVISION FACILTIES TO THE CITY OF WEYMOUTH. WEYMOUTH RESIDENTS BENEFIT BY HAVING A LOCAL ACCESS CABLE STATION. IT ALSO PROVIDES STUDENTS OF THE CITY OF WEYMOUTH, MA WITH TRAINING IN THE USE OF SUCH TELEVISION STUDIOS AND CREATION OF EDUCATIONAL PROGRAMMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS REVIEWS THE RETURN BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SALARY INCREASES ARE SUBJECT TO REVIEW FROM THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SALARY INCREASES ARE SUBJECT TO REVIEW FROM THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE -2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01477173
IRS990/TotalAssetsEOYAmt01476766
IRS990/TotalAssetsGrp/BOYAmt01477173
IRS990/TotalAssetsGrp/EOYAmt01476766
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0835512
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036536
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0804271
IRS990/TotalFunctionalExpensesGrp/TotalAmt0840807
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0147594
IRS990/TotalLiabilitiesEOYAmt0100841
IRS990/TotalLiabilitiesGrp/BOYAmt0147594
IRS990/TotalLiabilitiesGrp/EOYAmt0100841
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01329579
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01375925
IRS990/TotalOtherProgSrvcExpenseAmt024562
IRS990/TotalProgramServiceExpensesAmt0804271
IRS990/TotalRevenueGrp/ExclusionAmt014707
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08194
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0858413
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01477173
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01476766
IRS990/TravelGrp/ProgramServicesAmt05790
IRS990/TravelGrp/TotalAmt05790
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08 HILL ROAD
IRS990/USAddress/CityNm0HOLBROOK
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002343
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.WEYMOUTH.TV
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES DUFFY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07813313400
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEYMOUTH EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TELECOMMUNICATIONS CORP INC
ReturnHeader/Filer/BusinessNameControlTxt0WEYM
ReturnHeader/Filer/EIN0043318911
ReturnHeader/Filer/PhoneNum07813313400
ReturnHeader/Filer/USAddress/AddressLine1Txt0775 PLEASANT STREET STE 12
ReturnHeader/Filer/USAddress/CityNm0WEYMOUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0021892355
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042809586

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,476,766
Liabilities
$100,841
Net assets
$1,375,925
Revenue
$858,413
Expenses
$840,807
Net income
$17,606
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.28$0.07$1.22$0.66$0.84$0.18
2024Detailed filing. Detailed filing data is available for this year.$1.48$0.10$1.38$0.86$0.84$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.48$0.15$1.33$0.96$0.88$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.04$1.21$0.72$0.75$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.33$0.05$1.28$0.74$0.83$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.05$1.38$0.96$0.81$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.45$0.03$1.42$1.02$0.83$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.46$0.03$1.43$1.04$0.81$0.23
2017Detailed filing. Detailed filing data is available for this year.$1.46$0.03$1.42$1.12$0.83$0.29
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.72$0.79$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.71$0.73$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.67$0.62$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.66$0.60$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.00$0.43$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.42$0.64