Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
EIN 87-0813246 • 501(c)3 • North Reading, MA
Profile
Operate public access television for the town of north reading
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
Liabilities / Revenue
57th percentile
Higher debt load relative to revenue than 57% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Assets
Down$1,273,862
Down $5,068 (-0.4%) from 2023
Liabilities
Down$41,760
Down $24,666 (-37%) from 2023
Net Assets
Up$1,232,102
Up $19,598 (+1.6%) from 2023
Revenue
Down$339,280
Down $20,769 (-5.8%) from 2023
Expenses
Up$344,682
Up $6,154 (+1.8%) from 2023
Net Income
Down-$5,402
Down $26,923 (-125%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Operate public access television for the town of north reading
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $555,600 | $566,085 | ▲ $10,485 |
| Cash and Non-Interest-Bearing Accounts | $364,740 | $288,734 | ▼ $76,006 |
| Accounts Receivable | $140,776 | $223,288 | ▲ $82,512 |
| Land, Buildings, and Equipment, Net | $94,651 | $72,592 | ▼ $22,059 |
| Prepaid Expenses and Deferred Charges | $31,913 | $31,913 | → $0 |
| Total Assets | $1,278,930 | $1,273,862 | ▼ $5,068 |
| Other Assets Total | $91,250 | $91,250 | → $0 |
| Liabilities | |||
| Deferred Revenue | $60,000 | $35,000 | ▼ $25,000 |
| Accounts Payable and Accrued Expenses | $6,253 | $6,760 | ▲ $507 |
| Other Liabilities | $173 | $0 | ▼ $173 |
| Total Liabilities | $66,426 | $41,760 | ▼ $24,666 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $997,504 | $1,002,102 | ▲ $4,598 |
| Net Assets With Donor Restrictions | $215,000 | $230,000 | ▲ $15,000 |
| Total Net Assets Fund Balance | $1,212,504 | $1,232,102 | ▲ $19,598 |
| Total Liabilities and Net Assets / Fund Balance | $1,278,930 | $1,273,862 | ▼ $5,068 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $72,592 | $171,843 | $244,435 |
| Leasehold Improvements | $0 | $63,262 | $63,262 |
| Land | $0 | - | - |
| Other Assets Org | $90,000 | - | - |
| Name | Title |
|---|---|
| David Doucette | President |
| Martin Dickman | Director |
| Michael Scannell | Director |
| William Eames | Director |
| Agatha Marano | Secretary |
| Jean Shapleigh | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $243,101 |
| Other Expenses | $101,581 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $102,740 | $0 | $0 | $102,740 |
| Current Officers, Directors, Trustees, and Key Employees | $70,233 | $17,558 | $0 | $87,791 |
| Other Employee Benefits | $30,136 | $7,534 | $0 | $37,670 |
| Depreciation Depletion | $28,317 | $0 | $0 | $28,317 |
| Occupancy | $18,279 | $2,031 | $0 | $20,310 |
| Other Expenses | $14,176 | $1,439 | $0 | $15,615 |
| Payroll Taxes | $13,527 | $1,373 | $0 | $14,900 |
| Office Expenses | $7,747 | $987 | $0 | $8,734 |
| Insurance | $4,357 | $1,089 | $0 | $5,446 |
| Fees for Services Accounting | $0 | $4,750 | $0 | $4,750 |
| Fees for Services Other | $3,248 | $814 | $0 | $4,062 |
| Advertising | $0 | $462 | $0 | $462 |
| Information Technology | $0 | $63 | $0 | $63 |
| Total Functional Expenses | $303,715 | $40,967 | $0 | $344,682 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payroll Withholdings | $0 |
“The financial statements are reviewed by the board of directors in a public session with the preparer. The directors vote to accept the financial statements as presented and delegate the review and acceptance of tax filings to the treasurer. The tresurer reviews and approves the tax filings.”
“The organization requires its members to disclose any conflicts of interest annually and also upon discussion of an issue which may involve a conflict.”
“The organization reviews the compensation of the executive director on an annual basis. Comparable data is used to determine the appropriate compensation”
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/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 28317 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 28317 |
| IRS990/Desc | 0 | TO OPERATE TWO PUBLIC ACCESS STATIONS FOR THE TOWN OF NORTH READING, MA TO SERVE THE COMMUNITYS PUBLIC, EDUCATIONAL AND GOVERNMENTAL NEEDS THROUGH PUBLIC ACCESS TELEVISION |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 378008 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 378870 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 390973 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1831357 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 10486 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 5337 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 35 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 30 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 30 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 15918 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00860 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00280 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99140 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99720 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1831427 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 328794 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 354712 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 378008 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 378890 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 391023 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1831427 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1847345 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 72592 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 171843 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 244435 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 63262 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 63262 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1250 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 90000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | SECURITY DEPOSIT |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | CAPITAL SUPPORT RECEIVABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYROLL WITHHOLDINGS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 72592 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 91250 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS IN A PUBLIC SESSION WITH THE PREPARER. THE DIRECTORS VOTE TO ACCEPT THE FINANCIAL STATEMENTS AS PRESENTED AND DELEGATE THE REVIEW AND ACCEPTANCE OF TAX FILINGS TO THE TREASURER. THE TRESURER REVIEWS AND APPROVES THE TAX FILINGS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION REQUIRES ITS MEMBERS TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY AND ALSO UPON DISCUSSION OF AN ISSUE WHICH MAY INVOLVE A CONFLICT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS. COMPARABLE DATA IS USED TO DETERMINE THE APPROPRIATE COMPENSATION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 15a |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
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| IRS990/SubjectToProxyTaxInd | 0 | false |
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| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 1273862 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1273862 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 40967 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 303715 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 344682 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 66426 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 41760 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 66426 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 41760 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1212504 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1232102 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 328794 |
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| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 328794 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 339280 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 23 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1278930 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1273862 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 21 BOW STREET |
| IRS990/USAddress/CityNm | 0 | NORTH READING |
| IRS990/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/USAddress/ZIPCd | 0 | 01864 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | NORCAM.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT CARBONE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9786640501 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NORCAM INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NORC |
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