Civic Intelligence

Peabody Access Telecommunications Inc.

EIN 57-1229677 • 501(c)3 • Peabody, MA

Pub. 78 Eligible

View Organization Page

Profile

To provide non-commercial public, educational, and government access programming.

81 Main StreetPeabody, MA 01960

www.peabodytv.com

Siviq Scores

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

Liabilities / Assets

64th percentile

0.16x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.55x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

49th percentile

4.1%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

69th percentile

$104,821

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

42nd percentile

0.9%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-12%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$3,654,753

Up $33,332 (+0.9%) from 2023

Liabilities

Down

$601,931

Down $11,196 (-1.8%) from 2023

Net Assets

Up

$3,052,822

Up $44,528 (+1.5%) from 2023

Operations
Liabilities / Revenue82nd percentileNet Margin49th percentile

Revenue

Down

$1,091,155

Down $146,867 (-12%) from 2023

Expenses

Up

$1,046,627

Up $135,887 (+15%) from 2023

Net Income

Down

$44,528

Down $282,754 (-86%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,569,916Liabilities 2010: $4,217Net Assets 2010: $1,565,6992010Assets 2011: $1,563,254Liabilities 2011: $6,107Net Assets 2011: $1,557,1472011Assets 2012: $1,509,877Liabilities 2012: $11,949Net Assets 2012: $1,497,9282012Assets 2013: $1,506,291Liabilities 2013: $2,283Net Assets 2013: $1,504,0082013Assets 2014: $1,589,719Liabilities 2014: $45,976Net Assets 2014: $1,543,7432014Assets 2015: $1,635,577Liabilities 2015: $55,403Net Assets 2015: $1,580,1742015Assets 2016: $1,743,628Liabilities 2016: $43,703Net Assets 2016: $1,699,9252016Assets 2017: $2,131,033Liabilities 2017: $33,566Net Assets 2017: $2,097,4672017Assets 2018: $2,344,560Liabilities 2018: $43,451Net Assets 2018: $2,301,1092018Assets 2019: $2,481,894Liabilities 2019: $26,811Net Assets 2019: $2,455,0832019Assets 2020: $3,428,565Liabilities 2020: $663,346Net Assets 2020: $2,765,2192020Assets 2021: $2,923,321Liabilities 2021: $646,884Net Assets 2021: $2,276,4372021Assets 2022: $3,365,157Liabilities 2022: $684,145Net Assets 2022: $2,681,0122022Assets 2023: $3,621,421Liabilities 2023: $613,127Net Assets 2023: $3,008,2942023Assets 2024: $3,654,753Liabilities 2024: $601,931Net Assets 2024: $3,052,8222024

Highlighted filing

2024

Assets$3,654,753
Liabilities$601,931
Net Assets$3,052,822
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $531,5202010Expenses 2011: $543,3102011Expenses 2012: $614,3932012Revenue 2013: $575,508Expenses 2013: $569,428Net Income 2013: $6,0802013Revenue 2014: $593,500Expenses 2014: $553,765Net Income 2014: $39,7352014Revenue 2015: $667,485Expenses 2015: $631,054Net Income 2015: $36,4312015Revenue 2016: $784,780Expenses 2016: $665,029Net Income 2016: $119,7512016Revenue 2017: $1,140,299Expenses 2017: $742,757Net Income 2017: $397,5422017Revenue 2018: $1,093,035Expenses 2018: $889,393Net Income 2018: $203,6422018Revenue 2019: $1,080,987Expenses 2019: $927,013Net Income 2019: $153,9742019Revenue 2020: $1,136,521Expenses 2020: $826,385Net Income 2020: $310,1362020Revenue 2021: $371,287Expenses 2021: $860,069Net Income 2021: -$488,7822021Revenue 2022: $1,340,138Expenses 2022: $935,563Net Income 2022: $404,5752022Revenue 2023: $1,238,022Expenses 2023: $910,740Net Income 2023: $327,2822023Revenue 2024: $1,091,155Expenses 2024: $1,046,627Net Income 2024: $44,5282024

Highlighted filing

2024

Revenue$1,091,155
Expenses$1,046,627
Net Income$44,528
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,654,753
Liabilities
$601,931
Net assets
$3,052,822
Revenue
$1,091,155
Expenses
$1,046,627
Net income
$44,528
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.65$0.60$3.05$1.09$1.05$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.62$0.61$3.01$1.24$0.91$0.33
2022Detailed filing. Detailed filing data is available for this year.$3.37$0.68$2.68$1.34$0.94$0.40
2021Detailed filing. Detailed filing data is available for this year.$2.92$0.65$2.28$0.37$0.86$0.49
2020Detailed filing. Detailed filing data is available for this year.$3.43$0.66$2.77$1.14$0.83$0.31
2019Detailed filing. Detailed filing data is available for this year.$2.48$0.03$2.46$1.08$0.93$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.34$0.04$2.30$1.09$0.89$0.20
2017Detailed filing. Detailed filing data is available for this year.$2.13$0.03$2.10$1.14$0.74$0.40
2016Detailed filing. Detailed filing data is available for this year.$1.74$0.04$1.70$0.78$0.67$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.64$0.06$1.58$0.67$0.63$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.59$0.05$1.54$0.59$0.55$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.50$0.58$0.57$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.01$1.50$0.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.01$1.56$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.00$1.57$0.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 16, 2025
Return Version
2024v5.0
Gross Receipts
$1,098,764
Mission and Program Overview

Mission

To provide non-commercial public, educational, and government access programming.

To stimulate cultural and artistic expressions through the use of video and electronic media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,997,731$2,074,107▲ $76,376
Cash and Non-Interest-Bearing Accounts$1,007,302$980,032▼ $27,270
Savings and Temporary Cash Investments$369,595$373,169▲ $3,574
Accounts Receivable$229,999$208,339▼ $21,660
Prepaid Expenses and Deferred Charges$16,001$18,313▲ $2,312
Total Assets$3,621,421$3,654,753▲ $33,332
Other Assets Total$793$793→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$586,523$568,252▼ $18,271
Accounts Payable and Accrued Expenses$23,571$29,149▲ $5,578
Other Liabilities$3,033$3,033→ $0
Deferred Revenue-$1,497-
Total Liabilities$613,127$601,931▼ $11,196
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,008,294$3,052,822▲ $44,528
Total Net Assets Fund Balance$3,008,294$3,052,822▲ $44,528
Total Liabilities and Net Assets / Fund Balance$3,621,421$3,654,753▲ $33,332

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,871,313$1,026,857$2,898,170
Land$202,794-$202,794
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Camille CrowleyExecutive DiFT$92,893$11,928$104,821

Board Members and Trustees

NameTitle
Matthew MolkChairman
Daybar BuglerDirector
Deanne HealeyDirector
Robert ChampagneClerk
John J McginnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$996,850
Program Service Revenue
$64,058
Investment Income
$3,838
Other Revenue
$26,409
All Other Contributions
$6,412
Change in Net Assets
$44,528

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,091,155
Revenue Not Reported on Form 990
$7,609
Total Revenue per Audited Statements
$1,098,764
Total Revenue per Form 990
$1,091,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$610,323
Other Expenses$436,304
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$306,949$118,298-$425,247
Depreciation Depletion$100,352$7,286-$107,638
Current Officers, Directors, Trustees, and Key Employees$52,411$52,411-$104,822
Occupancy$39,783$18,546-$58,329
Payroll Taxes$29,313$13,665-$42,978
Information Technology$34,605$7,930-$42,535
Other Employee Benefits$16,571$20,705-$37,276
Fees for Services Other-$29,983-$29,983
Interest$13,388$6,241-$19,629
Insurance-$18,915-$18,915
Conferences and Meetings$13,472$4,728-$18,200
Fees for Services Accounting-$18,029-$18,029
All Other Expenses$4,438$1,224-$5,662
Other Expenses$5,193$9,000-$5,193
Advertising-$3,841-$3,841
Office Expenses-$2,029-$2,029
Total Functional Expenses$695,591$351,036$0$1,046,627

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,054,236
Expenses per Audited Statements$1,046,627
Total Expenses per Form 990$1,046,627
Expenses Not Reported on Form 990$7,609
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$3,033
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“Copies are mailed to board members in advance of the board meeting at which it will be reviewed by all members.”

Form 990, Page 6, Part VI, Line 12C

“The organization has a conflict of interest policy that requires each director, principal officer and member of a committee with governing board delegated powers to annually sign a statement that affirms such person: has received a copy of the conflict of interest policy; has read and understands the policy; has agreed to comply with the policy; and understands the exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

Form 990, Page 6, Part VI, Line 15A

“Compensation of the top management of peabody access telecommunications is approved by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Compensation of other employees is detailed in the yearly budget which is approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“These items are available upon request”

Filing and Contact Details

Filer

Filer Name
Peabody Access Telecommunications
EIN
57-1229677
Phone
9789770570
Address
81 MAIN STREET, PEABODY, MA 01960

Signing Officer

Name
John J Mcginn
Title
Treasurer
Phone
9789770570
Signed
2025-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John J Mcginn
Formed
2006
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
27
Volunteers
50

Preparer

Firm
Anstiss & Co Pc
Address
6 OMNI WAY STE 201, CHELMSFORD, MA 01824-4187
Preparer
Jayne a Andrews
Phone
9784522500
Supplemental Narrative

Additional Explanations

Form 990

“Description of organizations mission: to provide a secure forum that will allow the diverse populations of peabody an avenue to explore the free and open exchange of ideas; a catalyst to experience today's technology and all that the future will bring to peabody.”

Form 990, Part XI, Line 9

“Rental expenses 7,609 rental expenses -7,609”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization, incorporated under chapter 180 of the massachusetts general laws as a tax-exempt entity, has been granted tax-exempt status under internal revenue code (irc) section 501(c)(3) and is classified as other than a private foundation as defined by section 509(a) or the irc. Therefore, it is generally exempt from federal and state income taxes. Accordingly, no provision for income taxes has been provided for in the accompanying financial statements. The organization is required by asc 740-10, "accounting for uncertainty in income taxes," to evaluate and disclose tax positions that could have an effect on the organization's financial statements. The organization reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filing. Management believes it is no longer subject to review by taxing authorities for periods before 2021. Substantially all of the organization's income, expenditures, and activities relate to its exempt purpose. Therefore, management has determined that the organization will continue to qualify as a tax-exempt not-for-profit entity.”

Schedule D, Page 4, Part XI, Line 2D

“RENTAL EXPENSES 7,609”

Schedule D, Page 4, Part XII, Line 2D

“RENTAL EXPENSES 7,609”

Raw XML AppendixShowing 400 of 447 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/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX-EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OR THE IRC. THEREFORE, IT IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED BY ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO REVIEW BY TAXING AUTHORITIES FOR PERIODS BEFORE 2021. SUBSTANTIALLY ALL OF THE ORGANIZATION'S INCOME, EXPENDITURES, AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE. THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 7,609
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 7,609
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION OF ORGANIZATIONS MISSION: TO PROVIDE A SECURE FORUM THAT WILL ALLOW THE DIVERSE POPULATIONS OF PEABODY AN AVENUE TO EXPLORE THE FREE AND OPEN EXCHANGE OF IDEAS; A CATALYST TO EXPERIENCE TODAY'S TECHNOLOGY AND ALL THAT THE FUTURE WILL BRING TO PEABODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES ARE MAILED TO BOARD MEMBERS IN ADVANCE OF THE BOARD MEETING AT WHICH IT WILL BE REVIEWED BY ALL MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS TO ANNUALLY SIGN A STATEMENT THAT AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; HAS READ AND UNDERSTANDS THE POLICY; HAS AGREED TO COMPLY WITH THE POLICY; AND UNDERSTANDS THE EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF THE TOP MANAGEMENT OF PEABODY ACCESS TELECOMMUNICATIONS IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF OTHER EMPLOYEES IS DETAILED IN THE YEARLY BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THESE ITEMS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RENTAL EXPENSES 7,609 RENTAL EXPENSES -7,609
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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