Civic Intelligence

East Wake Television

990 • Fiscal year 2015 • EIN 27-2363640

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 08, 2016

Organization ProfileEWTV.ORG
954 Steeple Square CourtKnightdale, NC 27545

(919) 868-5598

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

34th percentile

0.02x

Higher debt load relative to revenue than 34% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

99th percentile

$179,561

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 44.9% of source-year revenue.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets33rd percentile

Assets

$879,311

No earlier filing loaded for comparison.

Net Assets

$872,875

No earlier filing loaded for comparison.

Liabilities

$6,436

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin78th percentile

Revenue

$400,248

No earlier filing loaded for comparison.

Expenses

$318,854

No earlier filing loaded for comparison.

Net Income

$81,394

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0Assets 2015: $879,311Liabilities 2015: $6,436Net Assets 2015: $872,8752015Assets 2016: $941,559Liabilities 2016: $7,358Net Assets 2016: $934,2012016Assets 2017: $948,528Liabilities 2017: $16,813Net Assets 2017: $931,7152017Assets 2018: $950,440Liabilities 2018: $19,950Net Assets 2018: $930,4902018Assets 2019: $995,430Liabilities 2019: $24,925Net Assets 2019: $970,5052019Assets 2020: $1,025,734Liabilities 2020: $36,349Net Assets 2020: $989,3852020Assets 2021: $1,059,293Liabilities 2021: $31,323Net Assets 2021: $1,027,9702021Assets 2022: $979,433Liabilities 2022: $34,161Net Assets 2022: $945,2722022Assets 2023: $904,501Liabilities 2023: $33,785Net Assets 2023: $870,7162023Assets 2024: $847,655Liabilities 2024: $33,126Net Assets 2024: $814,5292024Assets 2025: $915,207Liabilities 2025: $42,013Net Assets 2025: $873,1942025

Highlighted filing

2015

Assets$879,311
Liabilities$6,436
Net Assets$872,875
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2015: $400,248Expenses 2015: $318,854Net Income 2015: $81,3942015Revenue 2016: $403,023Expenses 2016: $341,697Net Income 2016: $61,3262016Revenue 2017: $388,701Expenses 2017: $391,187Net Income 2017: -$2,4862017Revenue 2018: $377,342Expenses 2018: $378,567Net Income 2018: -$1,2252018Revenue 2019: $383,254Expenses 2019: $343,239Net Income 2019: $40,0152019Revenue 2020: $398,299Expenses 2020: $379,419Net Income 2020: $18,8802020Revenue 2021: $374,430Expenses 2021: $335,845Net Income 2021: $38,5852021Revenue 2022: $362,901Expenses 2022: $445,599Net Income 2022: -$82,6982022Revenue 2023: $339,384Expenses 2023: $413,940Net Income 2023: -$74,5562023Revenue 2024: $380,571Expenses 2024: $436,758Net Income 2024: -$56,1872024Revenue 2025: $551,877Expenses 2025: $493,212Net Income 2025: $58,6652025

Highlighted filing

2015

Revenue$400,248
Expenses$318,854
Net Income$81,394
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 8, 2016
Return Version
2014v6.0
Gross Receipts
$400,248
Mission and Program Overview

Mission

East wake television is a joint venture between the towns of knightdale, rolesville, wendell, zebulon, clayton, garner, and archer lodge. East wake television is a community access government cable tv channel playing on time warner cable.

East wake television is a nonprofit community access government cable tv channel broadcasting news, local programs, events and government meetings on channel 22 & 181 time warner cable. Ewtv is a joint venture funded by the towns of knightdale, rolesville, wendell, zebulon, clayton, garner & archer lodge located in wake and johnston counties in nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$225,166$365,311▲ $140,145
Land, Buildings, and Equipment, Net$297,575$314,968▲ $17,393
Cash and Non-Interest-Bearing Accounts$162,724$99,744▼ $62,980
Pledges and Grants Receivable$110,579$99,288▼ $11,291
Total Assets$796,044$879,311▲ $83,267
Liabilities
Accounts Payable and Accrued Expenses$4,563$6,436▲ $1,873
Total Liabilities$4,563$6,436▲ $1,873
Net Assets / Fund Balance
Unrestricted Net Assets$791,481$872,875▲ $81,394
Total Net Assets Fund Balance$791,481$872,875▲ $81,394
Total Liabilities and Net Assets / Fund Balance$796,044$879,311▲ $83,267

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$150,057$118,474$268,531
Buildings$160,782$17,457$178,239
Other Land Buildings$4,129$2,294$6,423
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleBaseOtherTotal
Seth LawlessTown Manager-$142,955$142,955
Teresa PinerTown Manager-$122,046$122,046
Bryan HicksTown Manager-$105,530$105,530
James OvertonFinance Offi-$103,342$103,342
Gary McconkeyChannel Dire$42,400$5,300$47,700
Sidney PerryInterim Town-$38,555$38,555
Michael a GordonMayor Archer-$2,400$2,400

Board Members and Trustees

NameTitle
Hardin WatkinsTown Manager
Rick HardenTown Manager
Steve BiggsTown Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$397,873
Program Service Revenue
$280
Investment Income
$145
Other Revenue
$1,950
Change in Net Assets
$81,394
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$172,080
Other Expenses$146,774
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,180--$115,180
Depreciation Depletion$42,593$10,648-$53,241
Current Officers, Directors, Trustees, and Key Employees$33,920$8,480-$42,400
Information Technology$18,606$4,651-$23,257
Payroll Taxes$13,072$772-$13,844
Fees for Services Other$6,157$1,580-$7,737
Office Expenses$4,710$2,880-$7,590
All Other Expenses$2,588$2,409-$4,997
Other Expenses$3,233$808-$4,041
Travel$3,181$795-$3,976
Insurance$2,255$564-$2,819
Advertising$928--$928
Other Employee Benefits$656--$656
Conferences and Meetings-$590-$590
Total Functional Expenses$273,429$45,425$0$318,854
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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 9

“Seth lawless james overton bryan hicks rick harden sidney perry teresa piner steve biggs hardin watkins michael a. Gordon”

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

“The completed 990 was emailed to the station manager for review and was reviewed further as deemed necessary.”

Form 990, Page 6, Part VI, Line 19

“Documents are made available to the public upon request and on a case by case basis.”

Filing and Contact Details

Filer

Filer Name
East Wake Television
EIN
27-2363640
Phone
9198685598
Address
954 STEEPLE SQUARE COURT, KNIGHTDALE, NC 27545
Doing Business As
Peg Media Partners

Signing Officer

Name
Gary Mcconkey
Title
General Manager
Phone
9198685598
Signed
2016-04-08

Organization Details

Principal Officer
Gary Mcconkey
Voting Board Members
7
Independent Board Members
7
Employees
7

Preparer

Firm
Winston Williams Creech Evans & Co Llp
Address
PO BOX 1366, OXFORD, NC 27565-0487
Preparer
James P Winston Ii
Phone
9196935196
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“East wake television is a nonprofit community access government cable tv channel broadcasting news, local programs, events and government meetings on channel 22 & 181 time warner cable. Ewtv is a joint venture funded by the towns of knightdale, rolesville, wendell, zebulon, clayton, garner & archer lodge located in wake and johnston counties in nc.”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EAST WAKE TELEVISION IS A NONPROFIT COMMUNITY ACCESS GOVERNMENT CABLE TV CHANNEL BROADCASTING NEWS, LOCAL PROGRAMS, EVENTS AND GOVERNMENT MEETINGS ON CHANNEL 22 & 181 TIME WARNER CABLE. EWTV IS A JOINT VENTURE FUNDED BY THE TOWNS OF KNIGHTDALE, ROLESVILLE, WENDELL, ZEBULON, CLAYTON, GARNER & ARCHER LODGE LOCATED IN WAKE AND JOHNSTON COUNTIES IN NC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SETH LAWLESS JAMES OVERTON BRYAN HICKS RICK HARDEN SIDNEY PERRY TERESA PINER STEVE BIGGS HARDIN WATKINS MICHAEL A. GORDON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPLETED 990 WAS EMAILED TO THE STATION MANAGER FOR REVIEW AND WAS REVIEWED FURTHER AS DEEMED NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON A CASE BY CASE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$879,311
Liabilities
$6,436
Net assets
$872,875
Revenue
$400,248
Expenses
$318,854
Net income
$81,394
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.04$0.87$0.55$0.49$0.06
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.03$0.81$0.38$0.44$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.90$0.03$0.87$0.34$0.41$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.03$0.95$0.36$0.45$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.03$1.03$0.37$0.34$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.04$0.99$0.40$0.38$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.02$0.97$0.38$0.34$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.02$0.93$0.38$0.38$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.02$0.93$0.39$0.39$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.93$0.40$0.34$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$0.40$0.32$0.08