PENINSULA TELEVISION INC

EIN: 270418578 501(c)(3)

SAN CARLOS, CA

Total Revenue
$51,471
Total Expenses
$122,928
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
ERIC TAKAHA
Phone
6504835484
Tax Period
2021-07-01 to 2022-06-30

PENINSULA TELEVISION INC, founded in 2009, is a micro nonprofit that reported $51K in total revenue in fiscal year 2021. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $123K exceeded revenue, resulting in a 139% operating deficit.

Mission

PENINSULA TV PROVIDES TRADITIONAL COMMUNITY TELEVISION BROADCASTING, AMPLIFIED BY WEB-ENABLED TOOLS, RADIO, SOCIAL MEDIA AND BLOGS, THAT ALLOWS THE COMMUNITY TO WEIGH IN ON LOCAL POLITICS, EDUCATION, BUSINESS, EVENTS, PERSONALITIES, GOVERNMENT AND ENTERTAINMENT. PENINSULA TV'S MISSION IS TO BE AT THE CENTER OF THE DEBATES, SPARKING CONVERSATIONS BETWEEN PEOPLE AND POLICY MAKERS TO HELP EVERYONE BETTER UNDERSTAND AND APPRECIATE THE SAN FRANCISCO PENINSULA AND THE PEOPLE WHO LIVE THERE.

Program Service Accomplishments

Program 1
Expenses: $47,363 Revenue: $51,471

AS A PUBLIC, EDUCATION, AND GOVERNMENT ACCESS TELEVISION CHANNEL, PENINSULA TV CREATES AND SUPPORTS INDEPENDENT PROGRAMING IN A VARIETY OF WAYS. THE STATION PRODUCES AND DISTRIBUTES ORIGINAL...

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AS A PUBLIC, EDUCATION, AND GOVERNMENT ACCESS TELEVISION CHANNEL, PENINSULA TV CREATES AND SUPPORTS INDEPENDENT PROGRAMING IN A VARIETY OF WAYS. THE STATION PRODUCES AND DISTRIBUTES ORIGINAL PROGRAMMING WITH AN EMPHASIS ON THE ISSUES, EVENTS AND PERSONALITIES THAT ARE UNIQUE TO THE SF PENINSULA. PENINSULA TV'S PROGRAMS SPARK CONVERSATIONS BETWEEN PEOPLE AND POLICY MAKERS TO HELP SF AREA RESIDENTS BETTER UNDERSTAND AND APPRECIATE THEIR REGION AND THEIR FELLOW CITIZENS. THE ORGANIZATION ALSO PROVIDES TECHNICAL SERVICES TO INDEPENDENT PRODUCERS, AS WELL AS RESIDENTS, BUSINESS, NON-PROFITS, AND SCHOOLS, THEY HELP THEM PRODUCE CONTENT FOR THE STATION. FINALLY, PENINSULA TV PROVIDES GOVERNMENT ACCESS PROGRAMMING, AS WELL AS THE OPPORTUNITY FOR PARTNERING WITH PUBLIC ACCESS STATIONS TO AIR THEIR PROGRAMS ON PENINSULA TV AT NO COST.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $43,823
Investment Income $7,648
Other Revenue $0
TOTAL REVENUE $51,471

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,483
Fundraising Expenses $0
Program Expenses $47,363
Other Expenses $56,445
TOTAL EXPENSES $122,928

Year-over-Year Comparison

2021 2020 Change
Revenue $51,471 $124,473 -0.6%
Expenses $122,928 $153,663 -0.2%
Net Income $-71,457 $-29,190 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
4
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSANNE FOUST CO-PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK SIMON CO-PRESIDENT 1.00
Officer Director
$0 $0 $0
ERIC TAKAHA TREASURER 1.00
Officer Director
$0 $0 $0
MARSHALL WILSON DIRECTOR 1.00
Director
$0 $0 $0
JASON GALISATUS DIRECTOR 1.00
Director
$0 $0 $0
JOE FRAGOLA DIRECTOR 1.00
Director
$0 $0 $0
KITTY LOPEZ 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
2022 $51,471 $122,928 No data $-71,457
2021 $124,473 $153,663 $72,177 $-29,190
2020 $362,775 $386,012 $100,914 $-23,237
2019 $400,357 $408,851 $124,315 $-8,494
2018 $351,213 $345,106 $133,020 $6,107
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