ABC TELEVISION AFFILIATES ASSOCIATION

EIN: 520817941

RALEIGH, NC

Total Revenue
$3,059,644
Total Expenses
$755,157
Total Assets
$9,751,847
Net Assets
$9,751,847
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NC
Principal Officer
LISA REYNOLDS
Phone
9197147411
Tax Period
2024-01-01 to 2024-12-31

ABC TELEVISION AFFILIATES ASSOCIATION, founded in 1978, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 75% operating margin.

Mission

THE PURPOSES AND OBJECTIVES OF THE ASSOCIATION ARE: A) TO CREATE, FOSTER AND MAINTAIN BY LAWFUL AND PROPER MEANS AN ORGANIZATION FOR THE MUTUAL ADVANCEMENT AND WELFARE OF THOSE TELEVISION MEMBER STATIONS AFFILIATED WITH THE ABC TELEVISION NETWORK; B) TO INFORM, COUNSEL AND ADVISE THE ABC TELEVISION NETWORK BY LAWFUL AND PROPER MEANS WITH RESPECT TO THE PROBLEMS AND CONCERNS OF MEMBER TELEVISION STATIONS AFFILIATED WITH THE ABC TELEVISION NETWORK; C) TO PROMOTE, FOSTER AND PRESERVE IN THE PUBLIC INTEREST, GOOD AND LAWFUL PRACTICES OF THE TELEVISION INDUSTRY; D) TO REPRESENT AND ADVOCATE BEFORE ADMINISTRATIVE, EXECUTIVE, LEGISLATIVE AND JUDICIAL BRANCHES OF FEDERAL, STATE AND LOCAL GOVERNMENTS THE VIEWS AND INTERESTS OF MEMBER TELEVISION STATIONS AFFILIATED WITH THE ABC TELEVISION NETWORK; AND E) TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH A NONPROFIT CORPORATION MAY BE ORGANIZED AND MAINTAINED UNDER THE LAWS OF THE DISTRICT OF COLUMBIA. THE PRIMARY EXEMPT PURPOSE IS PROBABLY BEST

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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 $0
Program Service Revenue $2,678,368
Investment Income $381,276
Other Revenue $0
TOTAL REVENUE $3,059,644

Expense Breakdown

Grants Paid $7,000
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $748,157
TOTAL EXPENSES $755,157

Year-over-Year Comparison

2024 2023 Change
Revenue $3,059,644 $2,208,772 +0.4%
Expenses $755,157 $691,681 +0.1%
Net Income $2,304,487 $1,517,091 +0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
15

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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEAN LITTLETON CHAIR/PRESIDENT 2.00
Officer Director
$0 $0 $0
TEDDIE GIBBON SMALL MARKET GOVERNOR 1.00
Director
$0 $0 $0
BRAD RAMSEY TREASURER & AT-LARGE GOVERNOR 1.00
Officer Director
$0 $0 $0
MICHAEL HAYES PAST CHAIRMAN 1.00
Director
$0 $0 $0
DEB MESSER CENTRAL TIME ZONE 1 GOVERNOR 1.00
Director
$0 $0 $0
CATHERINE BADALAMENTE SECRETARY/CENTRAL TIME ZONE GOVERNOR 1.00
Officer Director
$0 $0 $0
NICK RADZIUL VICE CHAIR/PACIFIC TIME ZONE GOVERNOR 1.00
Officer Director
$0 $0 $0
BRANDIN STEWART EASTERN TIME ZONE 1 GOVERNOR 1.00
Director
$0 $0 $0
CEDRIC THOMAS AT-LARGE GOVERNOR 1.00
Director
$0 $0 $0
WILLIAM BELL AT-LARGE GOVERNOR 1.00
Director
$0 $0 $0
MIKE MEARA IMMEDIATE PAST CHAIR/PAST PRESIDENT 1.00
Director
$0 $0 $0
DEB MCDERMOTT PAST CHAIRMAN 1.00
Director
$0 $0 $0
RONNA CORRENTE MOUNTAIN TIME ZONE GOVERNOR 1.00
Director
$0 $0 $0
BOBBY BARRY GROUP BROADCAST GOVERNOR 1.00
Director
$0 $0 $0
BERT MEDINA EASTERN TIME ZONE 2 GOVERNOR 1.00
Director
$0 $0 $0
LISA REYNOLDS EXECUTIVE MANAGER 1.00
Officer
$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 $3,059,644 $755,157 $9,751,847 $2,304,487
2023 $2,208,772 $691,681 $7,007,746 $1,517,091
2022 $2,060,778 $533,457 $4,972,859 $1,527,321
2021 $1,969,537 $492,112 $3,891,793 $1,477,425
2020 $830,564 $541,378 $2,269,180 $289,186
2019 $721,019 $465,668 $1,923,533 $255,351
2018 $780,029 $451,354 $1,601,612 $328,675
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