Civic Intelligence

Wolfeboro Community Television Inc

990EZ • Fiscal year 2021 • EIN 05-0529751

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 22, 2022

396 South Main StreetWolfeboro, NH 03894

(603) 569-0219

Siviq Scores

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

Liabilities / Assets

89th percentile

0.50x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.03x

Higher debt load relative to revenue than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

30th percentile

-4.0%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

95th percentile

$61,003

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 48.5% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

3rd percentile

-93%

Faster asset growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

-4.1%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$6,742

Down $95,742 (-93%) from 2020

Net Assets

$3,391

No earlier filing loaded for comparison.

Liabilities

Down

$3,351

Down $2,481 (-43%) from 2020

Revenue

Down

$125,866

Down $5,446 (-4.1%) from 2020

Expenses

Down

$130,935

Down $3,247 (-2.4%) from 2020

Net Income

Down

-$5,069

Down $2,199 (-77%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2011: $71,331Liabilities 2011: $4,0582011Assets 2012: $83,532Liabilities 2012: $14,0992012Assets 2013: $72,921Liabilities 2013: $5,6332013Assets 2014: $71,908Liabilities 2014: $7,7652014Assets 2015: $71,084Liabilities 2015: $2,3762015Assets 2016: $97,986Liabilities 2016: $3,5512016Assets 2019: $108,934Liabilities 2019: $9,4122019Assets 2020: $102,484Liabilities 2020: $5,8322020Assets 2021: $6,742Liabilities 2021: $3,351Net Assets 2021: $3,3912021Assets 2022: $5,610Liabilities 2022: $1,900Net Assets 2022: $3,7102022Assets 2023: $1,695Liabilities 2023: $2,470Net Assets 2023: -$7752023Assets 2024: $1,387Liabilities 2024: $7,310Net Assets 2024: -$5,9232024

Highlighted filing

2021

Assets$6,742
Liabilities$3,351
Net Assets$3,391

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $97,379Expenses 2011: $94,244Net Income 2011: $3,1352011Revenue 2012: $99,790Expenses 2012: $97,630Net Income 2012: $2,1602012Revenue 2013: $116,051Expenses 2013: $116,036Net Income 2013: $152013Revenue 2014: $116,130Expenses 2014: $119,275Net Income 2014: -$3,1452014Revenue 2015: $117,398Expenses 2015: $113,280Net Income 2015: $4,1182015Revenue 2016: $120,311Expenses 2016: $94,584Net Income 2016: $25,7272016Revenue 2019: $112,341Expenses 2019: $111,122Net Income 2019: $1,2192019Revenue 2020: $131,312Expenses 2020: $134,182Net Income 2020: -$2,8702020Revenue 2021: $125,866Expenses 2021: $130,935Net Income 2021: -$5,0692021Revenue 2022: $117,811Expenses 2022: $117,492Net Income 2022: $3192022Revenue 2023: $112,877Expenses 2023: $117,362Net Income 2023: -$4,4852023Revenue 2024: $116,870Expenses 2024: $122,018Net Income 2024: -$5,1482024

Highlighted filing

2021

Revenue$125,866
Expenses$130,935
Net Income-$5,069
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 22, 2022
Return Version
2021v4.2
Gross Receipts
$125,866
Mission and Program Overview

Mission

To provide free community access television to the town's that they service

Program Services

DescriptionGrantsExpenses
TO PROVIDE FREE COMMUNITY ACCESS TELEVISION TO THE TOWNS THAT THEY SERVICE$0$130,935
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIMOTHY J GOODWINExecutive DirectorFT$56,884$4,119$61,003
BRUCE FARRChair-$0--
BRAD HARRIMANBoard Member-$0--
KATHY TETREAULTVice Chair/Treasurer-$0--
SUZANNE MORRISSEYSecretary-$0--
CHARLENE SEIBELBoard Member-$0--
JAMES HURTADOBoard Member-$0--
MARY DEVRIESBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Wolfeboro Community Television Inc
EIN
05-0529751
Phone
6035690219
Address
396 SOUTH MAIN STREET, WOLFEBORO, NH 03894

Signing Officer

Name
Kathy Tetreault
Title
Treasurer
Phone
6035690219
Signed
2022-09-22
Discuss with paid preparer
Yes

Preparer

Firm
Cummings Lamont & Mcnamee Pllc
Address
118 PORTSMOUTH AVENUE SUITE D206, STRATHAM, NH 03885
Preparer
Melanie Bunker CPA
Phone
6037723460
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 360. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 360.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: other income. Amount: 60. Description: underwriting. Amount: 4,100. Total to form 990-ez, line 8: 4,160.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 3,787.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: payroll taxes. Amount: 7,555. Description: insurance. Amount: 5,381. Description: membership dues. Amount: 2,089. Description: supplies and materials. Amount: 642. Description: travel. Amount: 62. Description: computer equipment and software. Amount: 21,760. Description: equipment repair and support. Amount: 5,739. Description: interest expense. Amount: 46. Description: bank fees. Amount: 33. Description: miscellaneous. Amount: 197. Total to form 990-ez, line 16: 43,504.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: adjustment to r.e. For depreciation that should have been taken on equipment. Amount: -88,192.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 98,721. End of year amount: 6,742.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: cash overdraft. Beg. Of year amount: 0. End of year amount: 372. Description: payroll liabilities. Beg. Of year amount: 5,832. End of year amount: 2,979.

Raw XML Appendix196 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 360. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 360.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER INCOME. AMOUNT: 60. DESCRIPTION: UNDERWRITING. AMOUNT: 4,100. TOTAL TO FORM 990-EZ, LINE 8: 4,160.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 3,787.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PAYROLL TAXES. AMOUNT: 7,555. DESCRIPTION: INSURANCE. AMOUNT: 5,381. DESCRIPTION: MEMBERSHIP DUES. AMOUNT: 2,089. DESCRIPTION: SUPPLIES AND MATERIALS. AMOUNT: 642. DESCRIPTION: TRAVEL. AMOUNT: 62. DESCRIPTION: COMPUTER EQUIPMENT AND SOFTWARE. AMOUNT: 21,760. DESCRIPTION: EQUIPMENT REPAIR AND SUPPORT. AMOUNT: 5,739. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 46. DESCRIPTION: BANK FEES. AMOUNT: 33. DESCRIPTION: MISCELLANEOUS. AMOUNT: 197. TOTAL TO FORM 990-EZ, LINE 16: 43,504.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ADJUSTMENT TO R.E. FOR DEPRECIATION THAT SHOULD HAVE BEEN TAKEN ON EQUIPMENT. AMOUNT: -88,192.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 98,721. END OF YEAR AMOUNT: 6,742.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: CASH OVERDRAFT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 372. DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 5,832. END OF YEAR AMOUNT: 2,979.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum06035690219
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WOLFEBORO COMMUNITY TELEVISION INC
ReturnHeader/Filer/BusinessNameControlTxt0WOLF
ReturnHeader/Filer/EIN0050529751
ReturnHeader/Filer/PhoneNum06035690219
ReturnHeader/Filer/USAddress/AddressLine1Txt0396 SOUTH MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0WOLFEBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010372413
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CUMMINGS LAMONT & MCNAMEE PLLC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd003885
ReturnHeader/PreparerPersonGrp/PhoneNum06037723460
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELANIE BUNKER CPA
ReturnHeader/ReturnTs02022-09-22T12:20:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TETREAULT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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