SACO RIVER COMMUNITY TELEVISION

EIN: 010537426 501(c)(3)

HOLLIS, ME

Total Revenue
$210,663
Total Expenses
$208,752
Total Assets
$285,887
Net Assets
$240,819
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Financial Trends

Organization Details

Legal Domicile
ME
Principal Officer
PATRICK BONSANT
Phone
2077275702
Tax Period
2023-07-01 to 2024-06-30

SACO RIVER COMMUNITY TELEVISION is a 501(c)(3) with EIN 010537426, based in HOLLIS, ME. The organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $210,663 in total revenue and $208,752 in total expenses, with net assets of $240,819.

Mission

SACO RIVER COMMUNITY TELEVISION HAS BEEN CREATED TO FACILITATE THE EXCHANGE OF INFORMATION AND TO SHOWCASE THE CREATIVE ABILITIES OF PEOPLE IN THE SURROUNDING AREA.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $188,000
Program Service Revenue $19,987
Investment Income $873
Other Revenue $1,803
TOTAL REVENUE $210,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,721
Fundraising Expenses $0
Program Expenses $193,425
Other Expenses $80,031
TOTAL EXPENSES $208,752

Year-over-Year Comparison

2023 2022 Change
Revenue $210,663 $189,776 +0.1%
Expenses $208,752 $218,645 0.0%
Net Income $1,911 $-28,869 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$64,402
Total Directors
7
$3,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK BONSANT EXECUTIVE DI 40.00
Officer
$60,802 $0 $60,802
MARILYN HOPKINS TREASURER 10.00
Officer Director
$3,600 $0 $3,600
BRENTON HILL DIRECTOR 6.00
Director
$0 $0 $0
MAURIE HILL DIRECTOR 6.00
Director
$0 $0 $0
DAVID LOWE DIRECTOR 6.00
Director
$0 $0 $0
DON MAREAN DIRECTOR 6.00
Director
$0 $0 $0
DONNA SAWYER DIRECTOR 6.00
Director
$0 $0 $0
DEE DEE TIBBETTS DIRECTOR 6.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $210,663 $208,752 $285,887 $1,911
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