SHREWSBURY MEDIA CONNECTION INC

EIN: 831729833 501(c)(3) Arts, Culture & Humanities

SHREWSBURY, MA

Total Revenue
$466,713
Total Expenses
$452,244
Total Assets
$1,396,661
Net Assets
$1,153,714
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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
2018
Legal Domicile
MA
Principal Officer
PETER COLLINS
Phone
5088418650
Tax Period
2023-01-01 to 2023-12-31

SHREWSBURY MEDIA CONNECTION INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $467K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $452K left a modest 3% surplus.

Mission

TO PRODUCE, BROADCAST, AND ADMINISTER THE COMMUNITY COMMUNICATIONS BY AND FOR THE TOWN OF SHREWSBURY AND ITS CITIZENS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $446,392
Program Service Revenue $13,252
Investment Income $7,069
Other Revenue $0
TOTAL REVENUE $466,713

Expense Breakdown

Grants Paid $0
Salaries & Benefits $267,114
Fundraising Expenses $0
Program Expenses $403,019
Other Expenses $185,130
TOTAL EXPENSES $452,244

Year-over-Year Comparison

2023 2022 Change
Revenue $466,713 $374,171 +0.2%
Expenses $452,244 $455,416 0.0%
Net Income $14,469 $-81,245 -1.2%
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
5
Independent Members
5
Employees
8
Volunteers
21

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER COLLINS PRESIDENT 1.00
Director
$0 $0 $0
ALDEN HARRIS TREASURER 1.00
Director
$0 $0 $0
PETER LAPRIORE DIRECTOR 1.00
Director
$0 $0 $0
WEICHU XU DIRECTOR 1.00
Director
$0 $0 $0
PRABHJOT NAUL DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $466,713 $452,244 $1,396,661 $14,469
2022 $374,171 $455,416 $1,197,644 $-81,245
2021 $413,567 $425,728 $1,322,714 $-12,161
2020 $449,444 $461,010 $1,405,722 $-11,566
2019 $1,626,610 $377,113 $1,499,824 $1,249,497
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