LOWELL TELECOMMUNICATIONS CORPORATION (EIN 043179126) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

ADAM MCCUNE

Phone

9784585400

Tax Period

2023-07-01 to 2024-06-30

LOWELL TELECOMMUNICATIONS CORPORATION, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $690K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $797K exceeded revenue, resulting in a 15% operating deficit.

Mission

LOWELL TELECOMMUNICATION CORPORATION'S MISSION IS TO STRENGTHEN THE CITY OF LOWELL AS A COMMUNITY MEDIA AND EDUCATION CENTER THAT EMPOWERS, CONNECTS, AND INFORMS ALL RESIDENTS, BUSINESSES, AND ORGANIZATIONS IN THE CITY. LTC PROVIDES EQUIPMENT, FACILITIES AND TRAINING TO LOWELL RESIDENTS TO PRODUCE PROGRAMMING FOR LTC'S THREE CHANNELS. LTC ALSO PROVIDES GALLERY SPACE FOR LOCAL ARTISTS, YOUTH MEDIA PROGRAMS, AND PRODUCTION SERVICES FOR BUSINESSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $514,204

Program Service Revenue $174,392

Investment Income $1,658

Other Revenue $0

TOTAL REVENUE $690,254

Expense Breakdown

Grants Paid $0

Salaries & Benefits $509,450

Fundraising Expenses $9,868

Program Expenses $632,573

Other Expenses $287,636

TOTAL EXPENSES $797,086

Year-over-Year Comparison

	2023	2022	Change
Revenue	$690,254	$825,593	-0.2%
Expenses	$797,086	$747,216	+0.1%
Net Income	$-106,832	$78,377	-2.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$43,963

Total Directors

$43,963

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM MCCUNE	EXECUTIVE DI	40.00	Officer Director	$28,082	$15,881	$43,963
ERIC SACK	PRESIDENT	10.00	Officer Director	$0	$0	$0
SIDNEY LIANG	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
KAREN SENNOTT	TREASURER/CL	5.00	Officer Director	$0	$0	$0
CONNIE MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
FRANCOIS DE COSTERD	DIRECTOR	1.00	Director	$0	$0	$0
STACEY THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN WETMORE	DIRECTOR	1.00	Director	$0	$0	$0
ALLESANDRA FISHER	DIRECTOR	1.00	Director	$0	$0	$0
PAVEL ROMANIKO	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER MYERS	DIRECTOR	1.00	Director	$0	$0	$0
VESNA NUON	DIRECTOR	1.00	Director	$0	$0	$0
FABIOLA RIVERA WHITE	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$690,254	$797,086	$1,480,261	$-106,832
2023	$825,593	$747,216	$1,510,769	$78,377
2022	$720,786	$769,927	$1,377,655	$-49,141
2021	$878,816	$739,551	$1,478,851	$139,265
2020	$822,188	$825,783	$1,440,797	$-3,595
2019	$836,725	$902,866	$1,344,576	$-66,141

LOWELL TELECOMMUNICATIONS CORPORATION