TWIN CITIES REGIONAL CABLE CHANNEL… - Form 990 Financial Data

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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

1987

Legal Domicile

Principal Officer

PETE RHODES

Phone

6123393221

Tax Period

2023-01-01 to 2023-12-31

TWIN CITIES REGIONAL CABLE CHANNEL DBA METRO CABLE NETWORK INC, founded in 1987, is a small nonprofit in the Arts, Culture & Humanities sector that reported $165K in total revenue in fiscal year 2023. Expenses of $152K left a modest 8% surplus.

Mission

THE METRO CABLE NETWORK DISTRIBUTES TO CABLE TELEVISION HOUSEHOLDS THROUGHOUT THE SEVEN-COUNTY METRO AREA NONCOMMERCIAL PROGRAMMING THAT REFLECTS THE INTERESTS AND CONCERNS OF THE DIVERSE COMMUNITIES THAT MAKE UP THAT REGION. THE CHANNEL STRIVES TO PRESENT A WEEKLY SCHEDULE THAT OFFERS A BROAD SPECTRUM OF CONTENT AND VIEWPOINTS AND PROVIDES A DISTINCTIVE SERVICE THAT IS NOT DUPLICATIVE OF THE PROGRAMMING ON OTHER CABLE CHANNELS.

Program Service Accomplishments

Program 1

Expenses: $130,793 Revenue: $161,560

METRO CABLE NETWORK'S GOAL IS TO TRANSMIT LIVE OR TAPED PROGRAMMING IN AREAS OF GOVERNMENT, CULTURE, EDUCATION AND PUBLIC AFFAIRS OF INTEREST TO PERSONS IN THE SEVEN COUNTY METRO AREA OF MINNEAPOLIS AND ST PAUL METRO. CABLE NETWORK IMPROVED THE LOOK OF THE CHANNEL WITH THE INTERSTITIALS THAT INCLUDE PUBLIC SERVICE ANNOUNCEMENTS, MEMBER PROMOS AND SCHEDULES OF EACH PROGRAMMING DAY. IT ANIMATED THE CHANNEL 6 LOGO THAT IS SHOWCASED IN BETWEEN ALL PROGRAMS TO BRAND THE CHANNEL'S IDENTITY. THE LOOK CHANGES WITH THE SEASONS AND ON A REGULAR BASIS. THE INTERSTITIALS SHOWCASE THE ORGANIZATION'S 25TH YEAR CELEBRATION. THE STUDIO'S PRODUCTION AREA HAS BEEN UPGRADED WITH NEW CURTAINS AND A GREEN SCREEN. (SEE SCHEDULE O FOR ADDITIONAL INFORMATION) A SAMPLE OF THE PRODUCTIONS IN THE STUDIO INCLUDE AMERICA SALUTES - FOR HENNEPIN COUNTY VETERANS AFFAIRS A PUBLIC HEALTH JOURNAL (COLLABORATION FOR STATE OF MINNESOTA AND HENNEPIN COUNTY)ACTIVE AGING (EXERCISE PROGRAM WITH AND FOR SENIORS)HEAVEN (WHAT YOU NEED TO KNOW TO GET THERE) LIVE TO TAPE BEFORE A 50 MEMBER STUDIO AUDIENCE. MY PILLOW - TALK SHOW WITH HOST L HILL THE MIKE LINDELL SHOW - THE ORGANIZATION INCREASED OUR SOCIAL MEDIA WEB PRESENCE WHICH INCLUDES MOBILE,FACEBOOK, YOUTUBE AND TWITTER. EVERYONE CAN NOW VIEW CHANNEL 6 PRODUCTIONS ON YOUTUBE AND ON OUR WEBSITE.

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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 $27,505

Program Service Revenue $134,142

Investment Income $0

Other Revenue $3,000

TOTAL REVENUE $164,647

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $130,793

Other Expenses $152,169

TOTAL EXPENSES $152,169

Year-over-Year Comparison

	2023	2022	Change
Revenue	$164,647	$162,436	+0.0%
Expenses	$152,169	$155,638	0.0%
Net Income	$12,478	$6,798	+0.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETE RHODES	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MIKE MARTIN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NORBERT KREUZER	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
ANTHONY JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
STUART DEVAAN	GENERAL MANA	10.00	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	No data	No data	No data	No data
2023	$164,647	$152,169	$990,980	$12,478
2022	$162,436	$155,638	$1,013,758	$6,798
2021	$176,081	$190,970	$1,040,894	$-14,889
2020	$211,078	$250,318	$1,073,788	$-39,240
2019	$316,822	$363,980	$1,097,026	$-47,158
2018	$223,280	$281,456	$1,134,435	$-58,176

TWIN CITIES REGIONAL CABLE CHANNEL DBA METRO CABLE NETWORK INC