PRINCETON COMMUNITY TELEVISION

EIN: 203602085 501(c)(3) Arts, Culture & Humanities

PRINCETON, NJ

Total Revenue
$105,462
Total Expenses
$270,503
Total Assets
$282,916
Net Assets
$282,916
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NJ
Tax Period
2019-01-01 to 2019-12-31

PRINCETON COMMUNITY TELEVISION, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $105K in total revenue in fiscal year 2019. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $271K exceeded revenue, resulting in a 156% operating deficit.

Program Service Accomplishments

Program 1
Expenses: $182,595 Revenue: $105,462

THE SERVICES DESCRIBED IN THE ORGANIZATIONS MISSION OVERLAP AND ARE INTERMINGLED. THIS DOES NOT ALLOW US TO SEPARATE THEIR EXPENSES OR REVENUES BY PROGRAM. ON AVERAGE 75 VOLUNTEERS WERE ACTIVE DURING...

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THE SERVICES DESCRIBED IN THE ORGANIZATIONS MISSION OVERLAP AND ARE INTERMINGLED. THIS DOES NOT ALLOW US TO SEPARATE THEIR EXPENSES OR REVENUES BY PROGRAM. ON AVERAGE 75 VOLUNTEERS WERE ACTIVE DURING THE YEAR, PRODUCING PROGRAM OR HELPING TO OPERATE THE STATION. APPROXIMATELY 575 PROGRAMS WERE PRODUCED BY COMMUNITY MEMBERS IN 2019. OUR DIGITAL MEDIA LAB WAS USED ON AVERAGE 3 HRS PER DAY FOR A TOTAL OF 780 HRS PER YEAR. THERE WERE 21 TRAINING COURSES TO THE PUBLIC IN 2019 WHICH HAD 215 PARTICIPANTS. PRINCETON TV PRODUCED AND BROADCASTED 30 PUBLIC SERVICE ANNOUNCEMENTS FOR NON-PROFITS SERVING THE GREATER PRINCETON AREA. THE WEEKLY NEWSLETTER HAS 1210 SUBSCRIBERS. PRINCETON TV ALSO RECORDED NUMEROUS LOCAL GOVERNMENT MEETINGS IN 2019.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $103,560
Program Service Revenue $1,789
Investment Income $113
Other Revenue $0
TOTAL REVENUE $105,462

Expense Breakdown

Grants Paid $0
Salaries & Benefits $162,653
Fundraising Expenses $0
Program Expenses $182,595
Other Expenses $107,850
TOTAL EXPENSES $270,503

Year-over-Year Comparison

2019 2018 Change
Revenue $105,462 $269,004 -0.6%
Expenses $270,503 $294,389 -0.1%
Net Income $-165,041 $-25,385 +5.5%
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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Governance

Voting Members
7
Independent Members
7
Employees
3
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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND SYTH DEVOE TRUSTEE 2.00
Officer Director
$0 $0 $0
COLLEEN KELLY SECRETARY 2.00
Officer Director
$0 $0 $0
KAREN DELK TRUSTEE 2.00
Director
$0 $0 $0
ANNE REEVES TRUSTEE 2.00
Director
$0 $0 $0
RON GRANBERG TREASURER 2.00
Director
$0 $0 $0
LEW GOLDSTEIN CHAIR 2.00
Director
$0 $0 $0
GEORGE MCCOLLOUGH EXECUTIVE DIRECTOR 40.00
Highest
$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
2019 $105,462 $270,503 $282,916 $-165,041
2018 $269,004 $294,389 $447,957 $-25,385
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