Civic Intelligence

Amesbury Community Television Inc

EIN 27-3506928 • 501(c)3 • Amesbury, MA

Profile

To provide learning opportunities and

5 Highland StreetAmesbury, MA 01913

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

63rd percentile

9.6%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

85th percentile

40%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$78,082

Up $22,272 (+40%) from 2021

Liabilities

Down

$8,750

Down $416 (-4.5%) from 2021

Net Assets

Up

$69,332

Up $22,688 (+49%) from 2021

Revenue

Up

$235,738

Up $34,680 (+17%) from 2021

Expenses

Up

$213,050

Up $61 (+0.0%) from 2021

Net Income

Up

$22,688

Up $34,619 (+290%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2012: $106,083Liabilities 2012: $5,000Net Assets 2012: $101,0832012Assets 2014: $138,017Liabilities 2014: $4,166Net Assets 2014: $133,8512014Assets 2015: $126,834Liabilities 2015: $0Net Assets 2015: $126,8342015Assets 2016: $142,308Liabilities 2016: $4,166Net Assets 2016: $138,1422016Assets 2017: $117,859Liabilities 2017: $0Net Assets 2017: $117,8592017Assets 2020: $74,105Liabilities 2020: $15,530Net Assets 2020: $58,5752020Assets 2021: $55,810Liabilities 2021: $9,166Net Assets 2021: $46,6442021Assets 2022: $78,082Liabilities 2022: $8,750Net Assets 2022: $69,3322022

Highlighted filing

2022

Assets$78,082
Liabilities$8,750
Net Assets$69,332

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2012: $200,4032012Revenue 2014: $258,069Expenses 2014: $229,730Net Income 2014: $28,3392014Revenue 2015: $243,769Expenses 2015: $250,786Net Income 2015: -$7,0172015Revenue 2016: $277,272Expenses 2016: $265,964Net Income 2016: $11,3082016Revenue 2017: $272,254Expenses 2017: $292,537Net Income 2017: -$20,2832017Revenue 2020: $268,513Expenses 2020: $301,898Net Income 2020: -$33,3852020Revenue 2021: $201,058Expenses 2021: $212,989Net Income 2021: -$11,9312021Revenue 2022: $235,738Expenses 2022: $213,050Net Income 2022: $22,6882022

Highlighted filing

2022

Revenue$235,738
Expenses$213,050
Net Income$22,688

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 8, 2020
Return Version
2019v5.1
Gross Receipts
$268,513
Mission and Program Overview

Mission

To provide learning opportunities and

To provide learning opportunities and resources in the form of equipment and facilities for the Amesbury, MA community to create and participate in the creation of television programming

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$56,036$38,824▼ $17,212
Cash and Non-Interest-Bearing Accounts$61,067$35,281▼ $25,786
Prepaid Expenses and Deferred Charges$834--
Total Assets$117,937$74,105▼ $43,832
Liabilities
Accounts Payable and Accrued Expenses$25,977$15,530▼ $10,447
Total Liabilities$25,977$15,530▼ $10,447
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$91,960$58,575▼ $33,385
Total Net Assets Fund Balance$91,960$58,575▼ $33,385
Total Liabilities and Net Assets / Fund Balance$117,937$74,105▼ $43,832

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,055$120,152$156,207
Other Land Buildings$2,769$29,552$32,321
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Russell MunroeExec. DirectorPT$40,520$40,520

Board Members and Trustees

NameTitle
Donald MeskiePresident
Donald St MarieDirector
Peter HoytDirector
Meryl GoldsmithClerk
Robert FowlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$268,513
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-33,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$166,485
Other Expenses$135,413
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$102,472$0$0$102,472
Current Officers, Directors, Trustees, and Key Employees$32,896$8,224$0$41,120
Depreciation Depletion$20,909$0$0$20,909
Payroll Taxes$11,120$710$0$11,830
Other Employee Benefits$11,063$0$0$11,063
Other Expenses$7,862$0$0$7,862
Occupancy$5,000$0$0$5,000
Insurance$3,212$500$0$3,712
Fees for Services Accounting$0$3,525$0$3,525
Fees for Services Other$1,579$0$0$1,579
All Other Expenses$417$26$0$443
Advertising$105$0$0$105
Total Functional Expenses$288,913$12,985$0$301,898
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
Annual disclosure for covered persons
Yes
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
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
Filing and Contact Details

Filer

Filer Name
Amesbury Community Television Inc
EIN
27-3506928
Phone
9783885900
Address
5 Highland Street, Amesbury, MA 01913

Signing Officer

Name
Russ Munroe
Title
Executive Director
Phone
9783885900
Signed
2020-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Meskie
Formed
2010
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
19

Preparer

Firm
Fritz Deguglielmo LLC
Address
8 ESSEX STREET, NEWBURYPORT, MA 01950
Preparer
Daniel E Schaffner CPA
Phone
9784622161
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The executive director compares the Form 990 to the financial statements and presents it to the Board of Directors who review and approve the Form.

Pt VI, Line 12C

Periodic reviews are conducted to determine whether compensation arrangements and benefits are reasonable and whether partnerships, joint ventures, or other arrangements conform to the Organization's written policies.

Pt VI, Line 19

The Organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Financial Statement Notes

Pt X, Line 2

The Organization has adopted the application of the provisions of FASB ASC 740-10 (formerly FASB Interpretation No. 48, "Accounting For Uncertainty in Income Taxes"). The primary tax positions made by the Organization are the existence/non-existence of Unrelated Business Income Tax and the Organization's status as an exempt organization under Section 501(c)(3) of the Internal Revenue Code. The Organization currently evaluates all tax positions, and makes determinations regarding the likelihood of those positions being upheld under review. For the years presented, and as a result of adoption, the Organization has not recognized any tax benefits or loss contingencies for uncertain tax positions based on its evaluations. The Organization's Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2020, 2019, 2018 and 2017 are subject to examination by the IRS, generally for 3 years after they were filed.

Raw XML Appendix388 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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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02769
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029552
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032321
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has adopted the application of the provisions of FASB ASC 740-10 (formerly FASB Interpretation No. 48, "Accounting For Uncertainty in Income Taxes"). The primary tax positions made by the Organization are the existence/non-existence of Unrelated Business Income Tax and the Organization's status as an exempt organization under Section 501(c)(3) of the Internal Revenue Code. The Organization currently evaluates all tax positions, and makes determinations regarding the likelihood of those positions being upheld under review. For the years presented, and as a result of adoption, the Organization has not recognized any tax benefits or loss contingencies for uncertain tax positions based on its evaluations. The Organization's Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2020, 2019, 2018 and 2017 are subject to examination by the IRS, generally for 3 years after they were filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt038824
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The executive director compares the Form 990 to the financial statements and presents it to the Board of Directors who review and approve the Form.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Periodic reviews are conducted to determine whether compensation arrangements and benefits are reasonable and whether partnerships, joint ventures, or other arrangements conform to the Organization's written policies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0117937
IRS990/TotalAssetsEOYAmt074105
IRS990/TotalAssetsGrp/BOYAmt0117937
IRS990/TotalAssetsGrp/EOYAmt074105
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012985
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288913
IRS990/TotalFunctionalExpensesGrp/TotalAmt0301898
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025977
IRS990/TotalLiabilitiesEOYAmt015530
IRS990/TotalLiabilitiesGrp/BOYAmt025977
IRS990/TotalLiabilitiesGrp/EOYAmt015530
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt091960
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt058575
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0288913
IRS990/TotalProgramServiceRevenueAmt0268513
IRS990/TotalReportableCompFromOrgAmt040520
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0268513
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0268513
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt019
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0117937
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt074105
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03 Cross Street
IRS990/USAddress/CityNm0Amesbury
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001913
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0amesburyctv.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Russ Munroe
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09783885900
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Amesbury Community Television Inc
ReturnHeader/Filer/BusinessNameControlTxt0AMES
ReturnHeader/Filer/EIN0273506928
ReturnHeader/Filer/PhoneNum09783885900
ReturnHeader/Filer/USAddress/AddressLine1Txt05 Highland Street
ReturnHeader/Filer/USAddress/CityNm0Amesbury
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001913
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRITZ DEGUGLIELMO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08 ESSEX STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWBURYPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001950
ReturnHeader/PreparerPersonGrp/PhoneNum09784622161
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel E Schaffner CPA
ReturnHeader/ReturnTs02021-05-15T03:29:48-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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