Youngsville Television Corp
- Assets
- $680.9k
- Revenue
- $823.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Youngsville, PA
- Founding
- 01/1991
- Data as of
- 12/2021
- EIN
- 25-1032622
Organization Overview
Youngsville Television Corp is located in Youngsville, PA. The organization was established in 1991. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youngsville Television Corp is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, Youngsville Television Corp generated $823.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $913.1k during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
YOUNGSVILLE TELEVISION CORPORATION IS A NON-PROFIT CORPORATION ORGANIZED AS A COMMUNITY PROJECT FOR THE PURPOSE OF PROVIDING TELEVISION AND RELATED SERVICES TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE A COMMUNITY OWNED CABLE TELEVISION SYSTEM TO PROVIDE TELEVISION SIGNALS AND INTERNET SERVICES TO APPROXIMATELY 900 MEMBERS RESIDING IN THE YOUNGSVILLE, PA AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Krack President | OfficerTrustee | 0.5 | $0 |
Evelyn Stuffelbeam Treasurer | OfficerTrustee | 0.5 | $0 |
Nan Oviatt Secretary | OfficerTrustee | 0.5 | $0 |
Troy Clawson Vice President | OfficerTrustee | 0.5 | $0 |
Samuel Walters Director | Trustee | 0.5 | $0 |
Arthur Zerbe Sr Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $85,589 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,589 |
| Total Program Service Revenue | $659,840 |
| Investment income | $0 |
| 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 | $823,646 |
| 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. | $26,503 |
| Compensation of current officers, directors, key employees. | $26,503 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,298 |
| Fees for services: Management | $154,492 |
| Fees for services: Legal | $2,076 |
| Fees for services: Accounting | $17,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $237 |
| Office expenses | $3,194 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,536 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,930 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,276 |
| Insurance | $10,500 |
| All other expenses | $21,812 |
| Total functional expenses | $913,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $438 |
| Savings and temporary cash investments | $85,069 |
| Pledges and grants receivable | $1,910 |
| Accounts receivable, net | $47,071 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $59,023 |
| Prepaid expenses and deferred charges | $16,789 |
| Net Land, buildings, and equipment | $422,136 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,785 |
| Intangible assets | $46,667 |
| Other assets | $0 |
| Total assets | $680,888 |
| Accounts payable and accrued expenses | $78,571 |
| Grants payable | $0 |
| Deferred revenue | $66,343 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $184,489 |
| Total liabilities | $329,403 |
| Net assets without donor restrictions | $351,485 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $680,888 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Universal Communications Network Inc New York, NY | $23,705,014 | $36,204,062 |
Downtown Community Television Center Inc New York, NY | $12,160,508 | $18,067,924 |
Storycorps Inc Brooklyn, NY | $16,608,870 | $12,121,023 |
Independence Public Media Of Philadelphia Inc Philadelphia, PA | $114,645,232 | $6,898,202 |
Lehigh Valley Public Telecommunications Corp Bethlehem, PA | $43,912,817 | $9,323,671 |
Manhattan Community Access Corporat Ion New York, NY | $36,696,255 | $8,423,391 |
Northeastern Pennsylvania Educational Television Association Pittston, PA | $33,133,906 | $6,320,974 |
Greater Cincinnati Television Educational Foundation Cincinnati, OH | $10,528,764 | $7,237,588 |
Greater Dayton Public Television Inc Dayton, OH | $8,014,778 | $6,126,511 |
Northeastern Educational Television Of Ohio Inc Kent, OH | $8,553,736 | $5,362,591 |
Montgomery Comm Television Inc Rockville, MD | $2,556,236 | $3,851,592 |
St Lawrence Valley Educational Television Council Inc Watertown, NY | $2,869,491 | $2,752,985 |