LONGMONT CABLE TRUST INC

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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

TIM CHAFFIN

Phone

3037761424

Tax Period

2019-03-01 to 2020-02-29

LONGMONT CABLE TRUST INC, founded in 1985, is a micro nonprofit that reported $94K in total revenue in fiscal year 2019. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $950K exceeded revenue, resulting in a 911% operating deficit.

Mission

EDUCATE THE CITIZENS OF LONGMONT BY USING CABLE TV.

Program Service Accomplishments

Program 1

Expenses: $772,515 Revenue: $64,276

THE PURPOSE OF THE LONGMONT CABLE TRUST IS TO EDUCATE THE CITIZENS OF LONGMONT, COLORADO THROUGH THE USE OF CABLE TV.

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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 (2019)

Revenue Breakdown

Contributions & Grants $25,852

Program Service Revenue $114,037

Investment Income $-45,898

Other Revenue $0

TOTAL REVENUE $93,991

Expense Breakdown

Grants Paid $320,273

Salaries & Benefits $384,106

Fundraising Expenses $0

Program Expenses $946,349

Other Expenses $245,940

TOTAL EXPENSES $950,319

Year-over-Year Comparison

	2019	2018	Change
Revenue	$93,991	$363,602	-0.7%
Expenses	$950,319	$334,464	+1.8%
Net Income	$-856,328	$29,138	-30.4%

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

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

$152,020

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSHALL ALLEN	DIRECTOR	2.00	Officer Director	$0	$0	$0
GEORGE BASKOS	SECRETARY	5.00	Officer Director	$0	$0	$0
JON E LEHMANN	DIRECTOR	2.00	Director	$0	$0	$0
PHIL HUFF	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
BILL DECKER	DIRECTOR	2.00	Director	$0	$0	$0
JOHN AHRENS	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW WIGGINS	CHAIRMAN	2.00	Director	$0	$0	$0
WES POTEET	DIRECTOR	0.00	Director	$0	$0	$0
TIM CHAFFIN	GENERAL MANAGER	40.00	Officer	$152,020	$0	$152,020

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
2020	$93,991	$950,319	No data	$-856,328
2019	$363,602	$334,464	$858,551	$29,138