LYNN COMMUNITY TELEVISION INC

EIN: 475277535 501(c)(3) Arts, Culture & Humanities

LYNN, MA

Total Revenue
$553,835
Total Expenses
$623,196
Total Assets
$958,938
Net Assets
$833,002
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MA
Principal Officer
Robert F Tucker
Phone
7817809460
Tax Period
2024-07-01 to 2025-06-30

LYNN COMMUNITY TELEVISION INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $554K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $623K exceeded revenue, resulting in a 13% operating deficit.

Mission

Lynn Community Television (LCTV) is a non-profit Lynn, MA based organization dedicated to providing the members and access users of the Lynn community with a platform to voice; opinions, news and local information which may not be generally available from commercial or public media. LCTV enables Lynn residents and qualifying Lynn based individuals or entities the ability to express themselves via cablecast media.

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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 (2024)

Revenue Breakdown

Contributions & Grants $48,351
Program Service Revenue $494,038
Investment Income $9,949
Other Revenue $1,497
TOTAL REVENUE $553,835

Expense Breakdown

Grants Paid $0
Salaries & Benefits $394,018
Fundraising Expenses $0
Program Expenses $556,235
Other Expenses $229,178
TOTAL EXPENSES $623,196

Year-over-Year Comparison

2024 2023 Change
Revenue $553,835 $655,064 -0.2%
Expenses $623,196 $659,480 -0.1%
Net Income $-69,361 $-4,416 +14.7%
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
5
Independent Members
5
Employees
8
Volunteers
5

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
6
$145,117
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT TUCKER PRESIDENT 20.00
Officer Director
$0 $0 $0
JOSEPH E SCANLON III TREASURER 20.00
Officer Director
$0 $0 $0
SUSAN BARRIOS ASSISTANT CLERK 5.00
Officer Director
$0 $0 $0
ROSARIO FRESCO CLERK 5.00
Officer Director
$0 $0 $0
DONNA COPPOLA Director 5.00
Director
$0 $0 $0
RICHARD COPPINGER HR/FINANCE DIRECTOR 40.00
Officer
$63,780 $0 $63,780
SETH ALBAUM EXECUTIVE DIRECTOR 40.00
Officer
$81,337 $0 $81,337
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
2025 $553,835 $623,196 $958,938 $-69,361
2024 $655,064 $659,480 $1,089,103 $-4,416
2023 $649,407 $659,571 $1,160,527 $-10,164
2022 $589,647 $636,758 $924,749 $-47,111
2021 $658,820 $657,051 $969,336 $1,769
2020 $594,945 $653,247 $1,042,514 $-58,302
2019 $609,699 $630,254 $1,027,080 $-20,555
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