LEECH LAKE TELEVISION CORPORATION (EIN 411358494) - 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

1986

Legal Domicile

Phone

2185477251

Tax Period

2024-01-01 to 2024-12-31

LEECH LAKE TELEVISION CORPORATION, founded in 1986, is a small nonprofit that reported $178K in total revenue in fiscal year 2024. Expenses of $163K left a modest 8% surplus.

Mission

TO PROVIDE AREA RESIDENTS IN CASS & HUBBARD COUNTIES WITH THE TELEVISION AND TELEPHONE COVERAGE THAT ARE NOT ALWAYS AVAILABLE TO RURAL AREAS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $177,355

Program Service Revenue $0

Investment Income $50

Other Revenue $400

TOTAL REVENUE $177,805

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,999

Fundraising Expenses $0

Program Expenses $140,205

Other Expenses $116,390

TOTAL EXPENSES $163,389

Year-over-Year Comparison

	2024	2023	Change
Revenue	$177,805	$183,288	0.0%
Expenses	$163,389	$207,470	-0.2%
Net Income	$14,416	$-24,182	-1.6%

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

$14,859

Total Directors

$14,859

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY HOLLY	PRESIDENT	10.00	Officer Director	$14,859	$0	$14,859
JOHN SPARKS	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
DUANE FOSS	TREASURER	0.00	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
2024	$177,805	$163,389	$770,949	$14,416
2023	$183,288	$207,470	$750,000	$-24,182
2022	$196,067	$216,944	$774,182	$-20,877
2021	$178,677	$217,656	$798,376	$-38,979
2020	$179,494	$217,183	$848,792	$-37,689
2019	$223,438	$138,844	$871,727	$84,594
2018	$207,161	$135,098	$787,133	$72,063

LEECH LAKE TELEVISION CORPORATION