Fairfax Cable Access Corporation
- Assets
- $12.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 35
- Location
- Fairfax, VA
- Founding
- 02/1982
- Data as of
- 06/2021
- EIN
- 54-1182488
Organization Overview
Fairfax Cable Access Corporation, operating under the name Fairfax Public Access, is located in Fairfax, VA. The organization was established in 1982. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Fairfax Public Access employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairfax Public Access 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 06/2021, Fairfax Public Access generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 3 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
OPERATION OF PUBLIC TELEVISION AND RADIO CHANNELS FOR CABLE CASTING AND PROGRAMMING
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATIONS: ADMINISTRATION AND OPERATION OF TELEVISION AND RADIO CHANNELS FOR PRODUCTION AND CABLECASTING OF PUBLIC ACCESS PROGRAMS
DESCRIPTION ON SCHEDULE O
TRAINING: TRAIN AND EDUCATE MEMBERS OF THE PUBLIC ON HOW TO PRODUCE AND CABLECAST PUBLIC ACCESS PROGRAMS
OUTREACH: COMMUNICATIONS AND RELATIONS REGARDING THE AVAILABILITY OF PUBLIC ACCESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Finn Pena Executive Director | OfficerTrustee | 50 | $139,932 |
Isaac Asare President | OfficerTrustee | 1 | $0 |
Ruth Bennett Vice President | OfficerTrustee | 1 | $0 |
Steven Mullen Treasurer | OfficerTrustee | 1 | $0 |
Gayle Yiotis Secretary | OfficerTrustee | 1 | $0 |
Hurriyet Ok Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,247,707 |
| Investment income | $232,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$19,972 |
| 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 | $10,740 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,504,506 |
| Statement of Expenses | |
|---|---|
| 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. | $118,941 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $982,009 |
| Pension plan accruals and contributions | $28,393 |
| Other employee benefits | $110,057 |
| Payroll taxes | $84,622 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,764 |
| Fees for services: Accounting | $34,133 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $69,047 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $288,706 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $96,433 |
| Travel | $120 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,942 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $339,437 |
| Insurance | $51,595 |
| All other expenses | $0 |
| Total functional expenses | $2,306,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $727,088 |
| Savings and temporary cash investments | $438 |
| Pledges and grants receivable | $567,630 |
| Accounts receivable, net | $690 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,040 |
| Prepaid expenses and deferred charges | $59,582 |
| Investments—publicly traded securities | $8,678,033 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,958,722 |
| Accounts payable and accrued expenses | $90,942 |
| Grants payable | $0 |
| Deferred revenue | $16,214 |
| 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 | $7,728 |
| Total liabilities | $114,884 |
| Net assets without donor restrictions | $4,899,795 |
| Net assets with donor restrictions | $6,944,043 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $11,843,838 |