Grassroots Television Inc
- Assets
- $67.3k
- Revenue
- $410.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Aspen, CO
- Founding
- 05/1972
- Data as of
- 12/2021
- EIN
- 23-7206525
Organization Overview
Grassroots Television Inc is located in Aspen, CO. The organization was established in 1972. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Grassroots Television Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grassroots Television Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Grassroots Television Inc generated $410.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $431.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND NURTURE OPEN CHANNELS OF COMMUNICATION FOR THE CITIZENS OF THE ROARING FORK VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMERCIAL FREE, NON-PROFIT TELEVISION CABLECASTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Masters Executive Director | Officer | 40 | $128,683 |
Jeremy Isenhart Station Manager | Officer | 40 | $81,035 |
Amy R Gab Station Manager | Officer | 40 | $72,870 |
Reid Haughey Vice President | OfficerTrustee | 2 | $0 |
Alan Feldman President | OfficerTrustee | 2 | $0 |
Paul Mentor Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18 |
| Related organizations | $0 |
| Government grants | $135,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,046 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,064 |
| Total Program Service Revenue | $245,262 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $410,340 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $282,588 |
| Compensation of current officers, directors, key employees. | $28,259 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,820 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,626 |
| Advertising and promotion | $2,411 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,283 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,386 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,414 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $431,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,208 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,032 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,068 |
| Total assets | $67,308 |
| Accounts payable and accrued expenses | -$465 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $24,747 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,282 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $43,026 |
| Total liabilities and net assets/fund balances | $67,308 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grassroots Television Inc has recieved totaling $85.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $85 |
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Northwest Christian School Phoenix, AZ | $14,587,608 | $15,711,697 |
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Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Center For Academic Success Sierra Vista, AZ | $18,278,347 | $12,993,576 |
Oklahoma Connections Academy Inc Bartlesville, OK | $2,156,539 | $12,078,246 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Mccalls Chapel School Inc Ada, OK | $9,915,625 | $11,707,804 |