Civic Intelligence

Peabody Access Telecommunications Inc.

990 • Fiscal year 2023 • EIN 57-1229677

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

81 Main StreetPeabody, MA 01960

(978) 977-0570

Siviq Scores

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

Liabilities / Assets

64th percentile

0.17x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.50x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

80th percentile

26%

Higher net margin than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$112,961

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

58th percentile

7.6%

Faster asset growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

-7.6%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,621,421

Up $256,264 (+7.6%) from 2022

Net Assets

Up

$3,008,294

Up $327,282 (+12%) from 2022

Liabilities

Down

$613,127

Down $71,018 (-10%) from 2022

Revenue

Down

$1,238,022

Down $102,116 (-7.6%) from 2022

Expenses

Down

$910,740

Down $24,823 (-2.7%) from 2022

Net Income

Down

$327,282

Down $77,293 (-19%) from 2022

Historical Trend

Balance Sheet Trend

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

$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

2023

Assets$3,621,421
Liabilities$613,127
Net Assets$3,008,294

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$1,238,022
Expenses$910,740
Net Income$327,282
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$1,245,631
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$1,682,373$1,997,731▲ $315,358
Cash and Non-Interest-Bearing Accounts$841,784$1,007,302▲ $165,518
Savings and Temporary Cash Investments$367,052$369,595▲ $2,543
Accounts Receivable$459,661$229,999▼ $229,662
Prepaid Expenses and Deferred Charges$13,494$16,001▲ $2,507
Total Assets$3,365,157$3,621,421▲ $256,264
Other Assets Total$793$793→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$604,292$586,523▼ $17,769
Accounts Payable and Accrued Expenses$76,820$23,571▼ $53,249
Other Liabilities$3,033$3,033→ $0
Total Liabilities$684,145$613,127▼ $71,018
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,681,012$3,008,294▲ $327,282
Total Net Assets Fund Balance$2,681,012$3,008,294▲ $327,282
Total Liabilities and Net Assets / Fund Balance$3,365,157$3,621,421▲ $256,264

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,794,937$912,604$2,707,541
Land$202,794-$202,794
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Camille BartlettExecutive DiFT$100,518$12,443$112,961

Board Members and Trustees

NameTitle
Timothy SpanosChairman
Daybar BuglerDirector
Deanne HealeyDirector
Robert ChampagneDirector
Matthew MolkClerk
John J McginnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,129,754
Program Service Revenue
$70,706
Investment Income
$2,892
Other Revenue
$34,670
All Other Contributions
$21,496
Change in Net Assets
$327,282

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,238,022
Revenue Not Reported on Form 990
$7,609
Total Revenue per Audited Statements
$1,245,631
Total Revenue per Form 990
$1,238,022
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$519,244
Other Expenses$391,496
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$234,005$111,792-$345,797
Current Officers, Directors, Trustees, and Key Employees$33,888$79,073-$112,961
Depreciation Depletion$81,314$11,223-$92,537
Occupancy$33,029$18,970-$51,999
Information Technology$37,761$8,840-$46,601
Payroll Taxes$23,570$16,253-$39,823
Insurance-$26,802-$26,802
Other Employee Benefits$16,962$3,701-$20,663
Fees for Services Accounting-$20,150-$20,150
Interest$11,921$8,220-$20,141
Fees for Services Other-$18,111-$18,111
Conferences and Meetings$9,125$2,834-$11,959
All Other Expenses$3,383$1,348-$4,731
Advertising-$4,397-$4,397
Other Expenses$4,281$10,200-$4,281
Office Expenses-$3,496-$3,496
Total Functional Expenses$552,104$358,636$0$910,740

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$918,349
Expenses per Audited Statements$910,740
Total Expenses per Form 990$910,740
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
2024-05-08
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
28
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 2020. 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

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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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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06676
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16550
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210200
IRS990/OtherExpensesGrp/ProgramServicesAmt032273
IRS990/OtherExpensesGrp/ProgramServicesAmt120392
IRS990/OtherExpensesGrp/ProgramServicesAmt210200
IRS990/OtherExpensesGrp/ProgramServicesAmt34281
IRS990/OtherExpensesGrp/TotalAmt038949
IRS990/OtherExpensesGrp/TotalAmt126942
IRS990/OtherExpensesGrp/TotalAmt220400
IRS990/OtherExpensesGrp/TotalAmt34281
IRS990/OtherLiabilitiesGrp/BOYAmt03033
IRS990/OtherLiabilitiesGrp/EOYAmt03033
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0111792
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0234005
IRS990/OtherSalariesAndWagesGrp/TotalAmt0345797
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016253
IRS990/PayrollTaxesGrp/ProgramServicesAmt023570
IRS990/PayrollTaxesGrp/TotalAmt039823
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013494
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016001
IRS990/PrincipalOfficerNm0JOHN J MCGINN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0515100
IRS990/ProgramServiceRevenueGrp/Desc0PRODUCTION SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt070706
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01277994
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IRS990/PYInvestmentIncomeAmt01113
IRS990/PYOtherExpensesAmt0487527
IRS990/PYOtherRevenueAmt025276
IRS990/PYProgramServiceRevenueAmt035755
IRS990/PYRevenuesLessExpensesAmt0404575
IRS990/PYSalariesCompEmpBnftPaidAmt0448036
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IRS990/PYTotalRevenueAmt01340138
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt034670
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt070706
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0367052
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0369595
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01129754
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01277994
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01006135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01119843
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01059280
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05593006
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02892
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01735
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04508
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013436
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt070706
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt035755
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt022766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt013490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt017199
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0159916
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012929
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt08432
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04508
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt034191
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt010037
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt07319
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt03399
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt020755
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99410
IRS990ScheduleA/PublicSupportPY509Pct00.99580
IRS990ScheduleA/PublicSupportTotal509Amt05752922
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01200460
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01313749
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01028901
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01133333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01076479
IRS990ScheduleA/Total509Grp/TotalAmt05752922
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01213389
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01322181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01034035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01136521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01080987
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05787113
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt07609
IRS990ScheduleD/ExpensesSubtotalAmt0910740
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0202794
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0202794
IRS990ScheduleD/OtherExpensesIncludedAmt07609
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01794937
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0912604
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02707541
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherRevenueAmt07609
IRS990ScheduleD/RevenueNotReportedAmt07609
IRS990ScheduleD/RevenueSubtotalAmt01238022
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 2020. 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
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01997731
IRS990ScheduleD/TotalExpensesPerForm990Amt0910740
IRS990ScheduleD/TotalLiabilityAmt03033
IRS990ScheduleD/TotalRevenuePerForm990Amt01238022
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01245631
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0918349
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03365157
IRS990/TotalAssetsEOYAmt03621421
IRS990/TotalAssetsGrp/BOYAmt03365157
IRS990/TotalAssetsGrp/EOYAmt03621421
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01129754
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0358636
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0552104
IRS990/TotalFunctionalExpensesGrp/TotalAmt0910740
IRS990/TotalGrossUBIAmt034670
IRS990/TotalLiabilitiesBOYAmt0684145
IRS990/TotalLiabilitiesEOYAmt0613127
IRS990/TotalLiabilitiesGrp/BOYAmt0684145
IRS990/TotalLiabilitiesGrp/EOYAmt0613127
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02681012
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03008294

Document Assets

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Filings

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