Civic Intelligence

East Wake Television

990 • Fiscal year 2021 • EIN 27-2363640

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 12, 2021

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

44th percentile

0.03x

Higher debt load relative to assets than 44% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

45th percentile

0.08x

Higher debt load relative to revenue than 45% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Source year 2021

Net Margin

39th percentile

10%

Higher net margin than 39% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • NTEE A • $1M-$5M nonprofits • Source year 2021

Asset Growth

31st percentile

3.3%

Faster asset growth than 31% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

31st percentile

-6.0%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$1,059,293

Up $33,559 (+3.3%) from 2020

Net Assets

Up

$1,027,970

Up $38,585 (+3.9%) from 2020

Liabilities

Down

$31,323

Down $5,026 (-14%) from 2020

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin39th percentile

Revenue

Down

$374,430

Down $23,869 (-6.0%) from 2020

Expenses

Down

$335,845

Down $43,574 (-11%) from 2020

Net Income

Up

$38,585

Up $19,705 (+104%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

2021

Assets$1,059,293
Liabilities$31,323
Net Assets$1,027,970
Open 2021 Filing

Operations Trend

Revenue Growth31st percentile

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

2021

Revenue$374,430
Expenses$335,845
Net Income$38,585
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 12, 2021
Return Version
2020v4.0
Gross Receipts
$374,430
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$501,456$581,772▲ $80,316
Land, Buildings, and Equipment, Net$292,733$253,358▼ $39,375
Cash and Non-Interest-Bearing Accounts$115,267$132,660▲ $17,393
Accounts Receivable$116,278$91,503▼ $24,775
Total Assets$1,025,734$1,059,293▲ $33,559
Liabilities
Accounts Payable and Accrued Expenses$36,349$31,323▼ $5,026
Total Liabilities$36,349$31,323▼ $5,026
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$989,385$1,027,970▲ $38,585
Total Net Assets Fund Balance$989,385$1,027,970▲ $38,585
Total Liabilities and Net Assets / Fund Balance$1,025,734$1,059,293▲ $33,559

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$253,358$375,682$629,040
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Bill SummersPresident
Joe MooreBoard Member
Kelly ArnoldBoard Member
Mike GordonBoard Member
Nathanael SheltonBoard Member
Rick MercierBoard Member
Marc CollinsSecretary
Gary McconkeyStudio Direc
Revenue and Support

Revenue Composition

Contributions and Grants
$370,309
Program Service Revenue
$0
Investment Income
$269
Other Revenue
$3,852
Change in Net Assets
$38,585
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$170,459
Other Expenses$165,386
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$128,517$22,679-$151,196
Depreciation Depletion$50,697$8,947-$59,644
Fees for Services Other$48,986$8,645-$57,631
Office Expenses$15,400$2,718-$18,118
Information Technology$13,947$2,461-$16,408
Payroll Taxes$10,832$1,912-$12,744
Pension Plan Contributions$5,541$978-$6,519
Insurance$2,627$464-$3,091
Travel$2,571$454-$3,025
Occupancy$1,510$266-$1,776
Other Expenses$113$23-$136
Advertising$29--$29
All Other Expenses$6$1-$7
Total Functional Expenses$285,468$50,377$0$335,845
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
Yes
Audit committee
No
Backup withholding compliance
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
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 11B

“The completed 990 was emailed to the studio 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
Studio Director
Phone
9198685598
Signed
2021-10-12
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Joyce and Company CPA
Address
104 BRADY CT, CARY, NC 27511
Preparer
D Keith Joyce CPA
Phone
9194660946
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

“PEG MEDIA PARTNERS”

FORM 990 - ORGANIZATION'S 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.”

Form 990, Part IX, Line 11G

“Contracted services 48,986 8,645 0”

Raw XML Appendix370 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/ExplanationTxt0PEG MEDIA PARTNERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EAST 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPLETED 990 WAS EMAILED TO THE STUDIO 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.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0D KEITH JOYCE CPA
ReturnHeader/ReturnTs02021-11-01T06:48:26-05:00
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ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,059,293
Liabilities
$31,323
Net assets
$1,027,970
Revenue
$374,430
Expenses
$335,845
Net income
$38,585
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