LEOMINSTER TELECOMMUNICATIONS CORP (EIN 043485164) - 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

2000

Legal Domicile

Principal Officer

SCOTT KURLAND

Phone

9785377760

Tax Period

2024-04-01 to 2025-03-31

LEOMINSTER TELECOMMUNICATIONS CORP, founded in 2000, is a small nonprofit in the Public & Societal Benefit sector that reported $770K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $156K, a strong 20% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE ALL CITIZENS AND INSTITUTIONS LOCATED IN LEOMINSTER WITH EQUIPMENT, TRAINING AND CABLE BROADCAST TIME TO REALIZE THEIR POTENTIAL IN THE MEDIUM OF CABLE TELEVISION, AND AT THE SAME TIME, ENCOURAGING AND EMPOWERING THE INDIVIDUAL, AND THE COMMUNITY, BY ENSURING FIRST AMENDMENT EXPRESSION THROUGH THE UTILIZATION OF TELEVISION TECHNOLOGY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $765,708

Program Service Revenue $2,199

Investment Income $1,950

Other Revenue $0

TOTAL REVENUE $769,857

Expense Breakdown

Grants Paid $0

Salaries & Benefits $308,957

Fundraising Expenses $0

Program Expenses $339,749

Other Expenses $304,762

TOTAL EXPENSES $613,719

Year-over-Year Comparison

	2024	2023	Change
Revenue	$769,857	$669,072	+0.2%
Expenses	$613,719	$548,697	+0.1%
Net Income	$156,138	$120,375	+0.3%

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

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

$98,651

Total Directors

$98,651

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT KURLAND	PRESIDENT/EX	40.00	Officer Director	$85,826	$12,825	$98,651
CARL PIERMARINI	CHAIRMAN	1.00	Officer Director	$0	$0	$0
KEVIN FITZPATRICK	TREASURER	1.00	Officer Director	$0	$0	$0
JOSEPH BURKE	DIRECTOR	1.00	Director	$0	$0	$0
MEREDITH FOLEY	DIRECTOR	1.00	Director	$0	$0	$0
PETER LANZA	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	$769,857	$613,719	$1,958,543	$156,138
2024	$669,072	$548,697	$1,826,980	$120,375
2023	$696,147	$619,411	$1,713,726	$76,736
2022	$606,108	$647,023	$1,740,799	$-40,915
2021	$543,518	$723,971	$1,781,682	$-180,453

LEOMINSTER TELECOMMUNICATIONS CORP