Civic Intelligence

Wareham Community Television Inc.

990 • Fiscal year 2015 • EIN 26-0250053

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

PO Box 446Wareham, MA 02571

(508) 273-2340

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,699,679

Flat from 2015

Net Assets

Flat

$1,630,119

Flat from 2015

Liabilities

Flat

$69,560

Flat from 2015

Revenue And Expenses

Revenue

Flat

$540,827

Flat from 2015

Expenses

Up

$472,338

Up $28,929 (+6.5%) from 2015

Net Income

Down

$68,489

Down $28,929 (-30%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,468,447Liabilities 2010: $4,957Net Assets 2010: $1,463,4902010Assets 2011: $1,537,385Liabilities 2011: $7,366Net Assets 2011: $1,530,0192011Assets 2012: $1,540,349Liabilities 2012: $18,756Net Assets 2012: $1,521,5932012Assets 2013: $1,594,696Liabilities 2013: $101,471Net Assets 2013: $1,493,2252013Assets 2014: $1,657,417Liabilities 2014: $124,716Net Assets 2014: $1,532,7012014Assets 2015: $1,699,679Liabilities 2015: $69,560Net Assets 2015: $1,630,1192015Assets 2015: $1,699,679Liabilities 2015: $69,560Net Assets 2015: $1,630,1192015Assets 2016: $1,776,976Liabilities 2016: $36,796Net Assets 2016: $1,740,1802016Assets 2018: $1,848,673Liabilities 2018: $66,561Net Assets 2018: $1,782,1122018Assets 2020: $1,959,233Liabilities 2020: $41,104Net Assets 2020: $1,918,1292020Assets 2021: $2,000,399Liabilities 2021: $61,426Net Assets 2021: $1,938,9732021Assets 2023: $1,764,802Liabilities 2023: $101,864Net Assets 2023: $1,662,9382023Assets 2024: $1,475,627Liabilities 2024: $89,278Net Assets 2024: $1,386,3492024

Highlighted filing

2015

Assets$1,699,679
Liabilities$69,560
Net Assets$1,630,119

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $318,5582010Expenses 2011: $367,2612011Expenses 2012: $426,6262012Revenue 2013: $476,435Expenses 2013: $504,803Net Income 2013: -$28,3682013Revenue 2014: $509,315Expenses 2014: $469,839Net Income 2014: $39,4762014Revenue 2015: $540,827Expenses 2015: $472,338Net Income 2015: $68,4892015Revenue 2015: $540,827Expenses 2015: $443,409Net Income 2015: $97,4182015Revenue 2016: $556,723Expenses 2016: $446,662Net Income 2016: $110,0612016Revenue 2018: $567,232Expenses 2018: $546,249Net Income 2018: $20,9832018Revenue 2020: $619,325Expenses 2020: $497,860Net Income 2020: $121,4652020Revenue 2021: $541,047Expenses 2021: $520,203Net Income 2021: $20,8442021Revenue 2023: $532,218Expenses 2023: $822,945Net Income 2023: -$290,7272023Revenue 2024: $607,297Expenses 2024: $864,552Net Income 2024: -$257,2552024

Highlighted filing

2015

Revenue$540,827
Expenses$472,338
Net Income$68,489
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$540,827
Mission and Program Overview

Mission

Wareham Community Television, Inc. (WCTV) was organized exclusively for charitable, scientific and educational purposes. Specifically, WCTV serves the local community by providing media training, facilities and access to cable television through local public access, education, and government (PEG) channels unimpeded by government regulations to reach the residents, non-profit organizations, educational institutions and government bodies of Wareham, MA.WCTV's vision is to strengthen the spirit of the community and enrich the lives of the residents of Wareham, MA. This will be accomplished through unobstructed access to communications media and producer-driven television programming based upon the publics' artistic expression, creativity and constitutional rights to freedom of speech on Wareham's PEG cable channels.

WCTV serves the local community by providing media training, facilities and access to cable TV through public access, education, and government (PEG) channels to reach the residents, non-profit organizations, educational institutions and government bodies of Wareham, MA.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,008,469$1,111,496▲ $103,027
Cash and Non-Interest-Bearing Accounts$231,322$221,663▼ $9,659
Accounts Receivable$269,421$200,160▼ $69,261
Land, Buildings, and Equipment, Net$129,368$142,163▲ $12,795
Prepaid Expenses and Deferred Charges$6,979$7,503▲ $524
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,657,417$1,699,679▲ $42,262
Other Assets Total$11,858$16,694▲ $4,836
Liabilities
Accounts Payable and Accrued Expenses$95,593$69,560▼ $26,033
Unsecured Notes Loans Payable$194--
Total Liabilities$95,787$69,560▼ $26,227
Net Assets / Fund Balance
Unrestricted Net Assets$1,495,810$1,572,340▲ $76,530
Temporarily Rstr Net Assets$65,820$57,779▼ $8,041
Total Net Assets Fund Balance$1,561,630$1,630,119▲ $68,489
Total Liabilities and Net Assets / Fund Balance$1,657,417$1,699,679▲ $42,262

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$90,957$265,649$356,606
Leasehold Improvements$50,573$92,260$142,833
Other Land Buildings$633$10,459$11,092
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patricia RumneyPresident
Jaime Rebhan-BuckminsterVice President
Carlston WoodDirector
James BruceDirector
Thomas WorthenClerk
Traci MedeirosSecretary
Peter BarrowsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,252
Program Service Revenue
$534,547
Investment Income
$3,028
Other Revenue
$0
All Other Contributions
$1,652
Change in Net Assets
$68,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$279,905
Other Expenses$192,393
Total Fundraising Expense$1,061
Grants and Similar Amounts Paid$40
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$207,632$39,549-$247,181
Depreciation Depletion$50,188--$50,188
Occupancy$38,999--$38,999
Payroll Taxes$16,900$3,219-$20,119
Fees for Services Accounting-$12,550-$12,550
Fees for Services Management-$11,060-$11,060
Insurance$4,041$5,265-$9,306
Office Expenses$3,287$5,082-$8,369
Other Employee Benefits$6,856$1,306-$8,162
Fees for Services Legal-$6,703-$6,703
Pension Plan Contributions$3,732$711-$4,443
Advertising$2,409-$1,041$3,450
Fees for Services Other$145$690-$835
Other Expenses$555$1,806-$555
Interest-$148-$148
Grants to Domestic Individuals$40--$40
All Other Expenses--$20$20
Total Functional Expenses$383,188$88,089$1,061$472,338
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

All residents of the Town of Wareham and all businesses, corporations, organizations, institutions and other entities which are located in the said Town and who substantially subscribe to the purposes of the Corporation shall be eligible to election to membership in the Corporation upon completion of a written application on a form approved by the Board of Directors and upon compliance with conditions, consistent with the Articles of Incorporation, By-laws, and other governing documents as may be prescribed by the Board of Directors.All members over the age of 18 whose membership is in good standing by September 1st of each year are eligible to vote on business decisions during annual and special meetings of membership.A member shall not be entitled to compensation for his or her service as a member.

Form 990, Part VI, Line 11B: Form 990 Review Process

The governing body was provided with a copy of the Form 990 prior to filing. Any comments were to be provided to the Executive Director prior to November 15, 2016. Any additional comments provided after November 15, 2016 will be evaluated and material changes to the Form 990 as filed will be amended.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall consist of monitoring potential conflict of interest issues with its board of directors, members and employees in compliance with their Confict of Interest Policy.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization will make its governing documents, conflict of interest policy, and financial statements available to the public upon request. Significant portions of this information is readily available online through various state agencies as well.

Filing and Contact Details

Filer

Filer Name
Wareham Community Television Inc
EIN
26-0250053
Phone
5082732340
Address
PO Box 446, Wareham, MA 02571

Signing Officer

Name
Peter Barrows
Title
Treasurer
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
25

Preparer

Firm
Cozby & Company LLC
Address
124 Long Pond Rd Ste 12, Plymouth, MA 02360
Preparer
Heather L Cozby CPA
Phone
5088300007
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03219
IRS990/PayrollTaxesGrp/ProgramServicesAmt016900
IRS990/PayrollTaxesGrp/TotalAmt020119
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0711
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03732
IRS990/PensionPlanContributionsGrp/TotalAmt04443
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06979
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07503
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0515100
IRS990/ProgramServiceRevenueGrp/Desc0PEG Access Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0534547
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0534547
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011081
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02000
IRS990/PYInvestmentIncomeAmt04037
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0171233
IRS990/PYProgramServiceRevenueAmt0494197
IRS990/PYRevenuesLessExpensesAmt068405
IRS990/PYSalariesCompEmpBnftPaidAmt0267677
IRS990/PYTotalExpensesAmt0440910
IRS990/PYTotalRevenueAmt0509315
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt068489
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0534547
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01008469
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01111496
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0046001336
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Town of Wareham
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt090957
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0265649
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0356606
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt050573
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt092260
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0142833
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0633
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010459
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011092
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0142163
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All residents of the Town of Wareham and all businesses, corporations, organizations, institutions and other entities which are located in the said Town and who substantially subscribe to the purposes of the Corporation shall be eligible to election to membership in the Corporation upon completion of a written application on a form approved by the Board of Directors and upon compliance with conditions, consistent with the Articles of Incorporation, By-laws, and other governing documents as may be prescribed by the Board of Directors.All members over the age of 18 whose membership is in good standing by September 1st of each year are eligible to vote on business decisions during annual and special meetings of membership.A member shall not be entitled to compensation for his or her service as a member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing body was provided with a copy of the Form 990 prior to filing. Any comments were to be provided to the Executive Director prior to November 15, 2016. Any additional comments provided after November 15, 2016 will be evaluated and material changes to the Form 990 as filed will be amended.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall consist of monitoring potential conflict of interest issues with its board of directors, members and employees in compliance with their Confict of Interest Policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization will make its governing documents, conflict of interest policy, and financial statements available to the public upon request. Significant portions of this information is readily available online through various state agencies as well.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt065820
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt057779
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01657417
IRS990/TotalAssetsEOYAmt01699679
IRS990/TotalAssetsGrp/BOYAmt01657417
IRS990/TotalAssetsGrp/EOYAmt01699679
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03252
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01061
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088089
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0383188
IRS990/TotalFunctionalExpensesGrp/TotalAmt0472338
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt095787
IRS990/TotalLiabilitiesEOYAmt069560
IRS990/TotalLiabilitiesGrp/BOYAmt095787
IRS990/TotalLiabilitiesGrp/EOYAmt069560
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01561630
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01630119
IRS990/TotalProgramServiceExpensesAmt0383188
IRS990/TotalProgramServiceRevenueAmt0534547
IRS990/TotalRevenueGrp/ExclusionAmt03028
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0534547
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0540827
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01657417
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01699679
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01495810

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.09$1.39$0.61$0.86$0.26
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.10$1.66$0.53$0.82$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.06$1.94$0.54$0.52$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.04$1.92$0.62$0.50$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.07$1.78$0.57$0.55$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.04$1.74$0.56$0.45$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.70$0.07$1.63$0.54$0.47$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.70$0.07$1.63$0.54$0.44$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.66$0.12$1.53$0.51$0.47$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.59$0.10$1.49$0.48$0.50$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.02$1.52$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.01$1.53$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.46$0.32