PEOPLES CHANNEL

EIN: 561934009 501(c)(3) Arts, Culture & Humanities

CHAPEL HILL, NC

Total Revenue
$207,767
Total Expenses
$238,403
Total Assets
$206,755
Net Assets
$206,755
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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
1995
Legal Domicile
NC
Principal Officer
Carson Riedel
Phone
9199600088
Tax Period
2022-07-01 to 2023-06-30

PEOPLES CHANNEL, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $208K in total revenue in fiscal year 2022. Revenue decreased 17% compared to the prior year. Expenses of $238K exceeded revenue, resulting in a 15% operating deficit.

Mission

For a democratic society to function properly citizens must participate in their government be educated to think critically and be able to freely communicate their ideas. The Peoples Channel' s mission is to advance democratic ideals by ensuring that people have access to electronic media and by promoting effective communication through uses of 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 (2022)

Revenue Breakdown

Contributions & Grants $204,677
Program Service Revenue $2,780
Investment Income $310
Other Revenue $0
TOTAL REVENUE $207,767

Expense Breakdown

Grants Paid $0
Salaries & Benefits $173,808
Fundraising Expenses $2,197
Program Expenses $201,919
Other Expenses $64,595
TOTAL EXPENSES $238,403

Year-over-Year Comparison

2022 2021 Change
Revenue $207,767 $250,131 -0.2%
Expenses $238,403 $265,858 -0.1%
Net Income $-30,636 $-15,727 +0.9%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rebecca Cerese President 0.00
Officer Director
$0 $0 $0
Robert Cosgrove Secretary 0.00
Officer Director
$0 $0 $0
Carson Riedel Vice President 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
2025 No data No data No data No data
2023 $207,767 $238,403 $206,755 $-30,636
2022 $250,131 $265,858 $237,391 $-15,727
2021 $264,803 $277,979 $253,118 $-13,176
2020 $275,715 $263,825 $293,194 $11,890
2019 $135,757 $157,235 $254,404 $-21,478
2018 $307,126 $296,625 $247,820 $10,501
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