MOUNTAIN LAKE PUBLIC TELECOMMUNICATIONS (EIN 141513789) - 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

1969

Legal Domicile

Principal Officer

BILL MCCOLGAN

Phone

5185639770

Tax Period

2023-07-01 to 2024-06-30

MOUNTAIN LAKE PUBLIC TELECOMMUNICATIONS, founded in 1969, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO INSPIRE AND ENRICH PEOPLE AND COMMUNITIES THROUGH MEANINGFUL STORYTELLING, ENTERTAINMENT, EDUCATION AND PUBLIC ENGAGEMENT

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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 $2,265,785

Program Service Revenue $0

Investment Income $-140,361

Other Revenue $150,409

TOTAL REVENUE $2,275,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,097,373

Fundraising Expenses $373,896

Program Expenses $1,707,145

Other Expenses $1,430,584

TOTAL EXPENSES $2,527,957

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,275,833	$2,426,055	-0.1%
Expenses	$2,527,957	$2,461,414	+0.0%
Net Income	$-252,124	$-35,359	+6.1%

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

$153,720

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL MCCOLGAN	PRESIDENT &	40.00	Officer	$143,007	$10,713	$153,720
REGINALD CARTER	CHAIR	2.00	Officer Director	$0	$0	$0
ELLEN BOUCHARD	2ND VICE CHA	2.00	Officer Director	$0	$0	$0
KARL MOORE	TREASURER	2.00	Officer Director	$0	$0	$0
JANICE MARCHUT CONRAD	SECRETARY	2.00	Officer Director	$0	$0	$0
LINDA BOURGEOIS	IMMEDIATE PA	2.00	Officer Director	$0	$0	$0
MOSEN AZIZ	TRUSTEE	2.00	Director	$0	$0	$0
GENIE BABB	TRUSTEE	2.00	Director	$0	$0	$0
JON BLOOMFIELD	TRUSTEE	2.00	Director	$0	$0	$0
NICHOLAS CHINE	TRUSTEE	2.00	Director	$0	$0	$0
DEXTER CRISS	TRUSTEE	2.00	Director	$0	$0	$0
ERIK EAGLEFEATHER	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL FORIAN	TRUSTEE	2.00	Director	$0	$0	$0
SYLVIE NELSON	TRUSTEE	2.00	Director	$0	$0	$0
JONATHAN POTTER	TRUSTEE	2.00	Director	$0	$0	$0
BRAD VAN BRUNT	TRUSTEE	2.00	Director	$0	$0	$0
SAMUAL YAFFE	TRUSTEE	2.00	Director	$0	$0	$0
CENA ABRAMO LEFT DECEMBER 2023	TRUSTEE	2.00	Director	$0	$0	$0
CHRISTOPHER KIRKEY LEFT JULY 2023	TRUSTEE	2.00	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	$2,275,833	$2,527,957	$3,468,225	$-252,124
2023	$2,426,055	$2,461,414	$3,891,507	$-35,359
2022	$2,266,212	$2,322,232	$3,785,096	$-56,020
2021	$3,537,631	$2,411,645	$3,625,889	$1,125,986
2020	$2,447,593	$2,393,516	$2,908,206	$54,077
2019	$2,206,623	$2,415,908	$2,626,943	$-209,285
2018	$2,155,315	$2,451,996	$2,690,516	$-296,681

MOUNTAIN LAKE PUBLIC TELECOMMUNICATIONS