Arlington Community Access Corporation dba Arlington Independent Media

EIN: 541217109 501(c)(3)

Arlington, VA

Total Revenue
$542,327
Total Expenses
$849,879
Total Assets
$263,837
Net Assets
$239,844
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
VA
Principal Officer
Whytni H Kernodle
Phone
7035242388
Tax Period
2021-07-01 to 2022-06-30

ARLINGTON COMMUNITY ACCESS CORPORATION, founded in 1992, is a small nonprofit that reported $769K in total revenue in fiscal year 2018. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 32% operating deficit.

Mission

AIM supports, educates, and inspires diverse creators and fosters independent media production through community television, radio, and digital arts.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $497,914
Program Service Revenue $60,122
Investment Income $-15,709
Other Revenue $0
TOTAL REVENUE $542,327

Expense Breakdown

Grants Paid $0
Salaries & Benefits $359,654
Fundraising Expenses $30,766
Program Expenses $420,605
Other Expenses $490,225
TOTAL EXPENSES $849,879

Year-over-Year Comparison

2021 2020 Change
Revenue $542,327 $602,501 -0.1%
Expenses $849,879 $513,570 +0.7%
Net Income $-307,552 $88,931 -4.5%
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

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Governance

Voting Members
13
Independent Members
13
Employees
5
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
6
$12,500
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
E Lynn Coates Member 0.10
Director
$0 $0 $0
Michael A Angeloni Member 0.10
Director
$0 $0 $0
Zakiya Worthey Member 0.10
Director
$0 $0 $0
James Thorne Member 0.10
Director
$0 $0 $0
Cheryl Beversdorf Member 0.10
Director
$0 $0 $0
Matt Rogers Member 0.10
Director
$0 $0 $0
Mary Cliff Member 0.10
Director
$0 $0 $0
Chanda Choun Member 0.10
Director
$0 $0 $0
Kate Dorrell At Large 0.10
Officer Director
$0 $0 $0
Anshia Crooms Secretary 0.10
Officer Director
$0 $0 $0
Demian Perry Treasurer 0.10
Officer Director
$0 $0 $0
Claire Seaton Vice President 0.10
Officer Director
$0 $0 $0
Lori McGarry President 0.10
Officer Director
$0 $0 $0
Whytni Kernodle CEO 40.00
Officer
$12,500 $0 $12,500
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 $542,327 $849,879 $263,837 $-307,552
2021 $602,501 $513,570 $666,242 $88,931
2020 $643,907 $743,029 $576,760 $-99,122
2019 $768,546 $1,011,475 $618,017 $-242,929
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