ROCKNE EDUCATIONAL TELEVISION INC (EIN 161474671) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

GEORGE W BOTT

Phone

5859649121

Tax Period

2022-01-01 to 2022-12-31

ROCKNE EDUCATIONAL TELEVISION INC, founded in 1992, is a small nonprofit in the Public & Societal Benefit sector that reported $261K in total revenue in fiscal year 2022. Revenue decreased 19% compared to the prior year. Expenses of $333K exceeded revenue, resulting in a 28% operating deficit.

Mission

LESSENING THE BURDENS OF GOVERNMENT BY PROVIDING FREE EDUCATIONAL TELECOMMUNICATIONS SERVICES TO ACCREDITED INSTITUTIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $238,380

Investment Income $22,507

Other Revenue $0

TOTAL REVENUE $260,887

Expense Breakdown

Grants Paid $250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $332,817

Other Expenses $332,817

TOTAL EXPENSES $333,067

Year-over-Year Comparison

	2022	2021	Change
Revenue	$260,887	$322,496	-0.2%
Expenses	$333,067	$212,991	+0.6%
Net Income	$-72,180	$109,505	-1.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE BOTT	PRESIDENT	20.00	Officer Director	$0	$0	$0
CAROL BOTT	SECRETARY	10.00	Officer Director	$0	$0	$0
KRISTEN NORDSTROM	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH BOTT LEE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
FRANK ANNESE	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICK NORDSTROM	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
ADAM LEE	TREASURER	1.00	Officer Director	$0	$0	$0
MARCUS NORDSTROM	ASSISTANT SECRETARY	1.00	Officer 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
2022	$260,887	$333,067	$1,126,884	$-72,180
2021	$322,496	$212,991	$1,338,930	$109,505
2020	$401,277	$149,525	$1,092,432	$251,752
2019	$406,531	$225,299	$784,309	$181,232
2018	$312,259	$108,633	$499,709	$203,626

ROCKNE EDUCATIONAL TELEVISION INC