SKYE CABLE XIIIINC (EIN 061512303) - 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

1998

Legal Domicile

Principal Officer

STEPHEN W MINDERA JR

Phone

2037551113

Tax Period

2024-04-01 to 2025-01-31

SKYE CABLE XIIIINC, founded in 1998, is a small nonprofit that reported $120K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $246K exceeded revenue, resulting in a 105% operating deficit.

Mission

CABLE TELEVISION COMMUNITY ACCESS PROVIDER

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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 $0

Program Service Revenue $119,978

Investment Income $0

Other Revenue $0

TOTAL REVENUE $119,978

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,170

Fundraising Expenses $0

Program Expenses $219,384

Other Expenses $178,656

TOTAL EXPENSES $245,826

Year-over-Year Comparison

	2024	2023	Change
Revenue	$119,978	$266,764	-0.6%
Expenses	$245,826	$240,445	+0.0%
Net Income	$-125,848	$26,319	-5.8%

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

$47,472

Total Directors

$48,421

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN W MINDERA JR	PRESIDENT	40.00	Officer Director	$47,472	$0	$47,472
NICHOLAS COSCIA	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
BONNIE LEROUX	CHAIRMAN	2.00	Officer Director	$0	$0	$0
KAREN BASSET	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN SARLO	BOARD MEMBER	2.00	Director	$0	$0	$0
DENNIS M BUCKLEY ESQ	LEGAL COUNSEL	2.00	Director	$949	$0	$949
DEBRA WILSON	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL MINDERA	VICE PRESIDENT	30.00	Officer	$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	$119,978	$245,826	No data	$-125,848
2024	$266,764	$240,445	$192,054	$26,319
2023	$360,392	$378,351	$117,674	$-17,959
2022	$297,687	$347,400	$132,403	$-49,713
2021	$492,094	$353,329	$183,054	$138,765
2020	$342,389	$358,715	$36,695	$-16,326
2019	$355,180	$394,256	$57,533	$-39,076
2018	$363,924	$395,310	$91,611	$-31,386

SKYE CABLE XIIIINC