Midpeninsula Community Media Cente… - 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

1985

Legal Domicile

Principal Officer

Bobby Chastain

Phone

6504948686

Tax Period

2023-01-01 to 2023-12-31

Midpeninsula Community Media Center Inc, founded in 1985, is a small nonprofit in the Public & Societal Benefit sector that reported $667K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 88% operating deficit.

Mission

To provide access to and serve as a repository for city and county government proceedings, Use and train on the use of various media, including television and the internet, to enable local community members to speak and act on behalf of their communities as well as create and distribute programs that promote, educate and celebrate individual expression, local achievements, education, cultural exchange, arts appreciation and civic engagement.

Program Service Accomplishments

Program 1

Expenses: $385,162 Revenue: $165,260

Administer the Public Access channels on the cable TV system available to 32,314 homes in 5 cities. The Media Center does outreach, provides training and equipment,schedules, publicizes, cablecasts and/or webcasts programming produced bycommunity members and staff on channels 27,28, and 30. The Media Center also administers the Government Access channels 26 & 29.

Program 2

Expenses: $110,046 Revenue: $63,445

Production/Media services enable community members, organizations, and government agencies to reach the public with their message. Free or low cost coverage of local arts and events including...

Production/Media services enable community members, organizations, and government agencies to reach the public with their message. Free or low cost coverage of local arts and events including election related forums and high school sports were also provided.

Program 3

Expenses: $55,022 Revenue: $45,255

The Media Center hosts a variety of opportunities for youth to gain hands-on video production experience in a professional setting.

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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 $262,486

Program Service Revenue $283,404

Investment Income $95,980

Other Revenue $25,591

TOTAL REVENUE $667,461

Expense Breakdown

Grants Paid $0

Salaries & Benefits $542,619

Fundraising Expenses $35,972

Program Expenses $550,230

Other Expenses $709,043

TOTAL EXPENSES $1,251,662

Year-over-Year Comparison

	2023	2022	Change
Revenue	$667,461	$813,598	-0.2%
Expenses	$1,251,662	$1,336,427	-0.1%
Net Income	$-584,201	$-522,829	+0.1%

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

Volunteers

164

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

$65,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gayathri Kanth	Board Member	1.00	Director	$65,000	$0	$65,000
Tilak Kasturi	President	1.00	Officer Director	$0	$0	$0
Tom Dubois	Board Member	1.00	Director	$0	$0	$0
Peter Burns	Secretary	1.00	Officer Director	$0	$0	$0
Ruta Puranik	Treasurer	1.00	Officer Director	$0	$0	$0
Rebecca Sanders	Board Member	1.00	Director	$0	$0	$0
Tom Cooper	Member	1.00	Director	$0	$0	$0
Batya Bell De Berenfus	Board Member	0.50	Director	$0	$0	$0
Lupita Alamos	Board Member	0.50	Director	$0	$0	$0
Nick Szegda	Member	0.50	Director	$0	$0	$0
Bobby Chastain	Executive Dir.	20.00	Director	$0	$0	$0
Chuck Alley	Member	0.50	Director	$0	$0	$0
Keri Stokstad	Executive Dir.	40.00		$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
2024	No data	No data	No data	No data
2023	$667,461	$1,251,662	$4,874,794	$-584,201
2022	$813,598	$1,336,427	$5,263,596	$-522,829
2021	$843,185	$1,475,129	$6,575,602	$-631,944
2020	$636,954	$1,580,898	$7,154,675	$-943,944
2019	$1,625,108	$1,764,291	$7,897,384	$-139,183
2018	$577,951	$1,528,224	$8,049,311	$-950,273

Midpeninsula Community Media Center Inc