Community Television Inc
- Assets
- $3.1m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 34
- Location
- Norcross, GA
- Founding
- 04/1997
- Data as of
- 12/2023
- EIN
- 57-0782362
Organization Overview
Community Television Inc is located in Norcross, GA. The organization was established in 1997. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Community Television Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community 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 12/2023, Community Television Inc generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY TELEVISION IS A FAITH-BASED ORGANIZATION WHOSE PURPOSE IS TO PRODUCE AND BROADCAST POSITIVE TELEVISION PROGRAMMING. THE VISION OF COMMUNITY TELEVISION EXTENDS BEYOND BROADCASTING & INCLUDES REACHING OUT TO HELP THOSE IN NEED OF FOOD AND CLOTHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL BROADCASTING - COMMUNITY TELEVISION OWNS AND OPERATES WATC CHANNEL 57 IN ATLANTA, GA. THIS STATION PROVIDES THE PEOPLE OF ATLANTA AND SURROUNDING AREAS FREE EDUCATIONAL TELEVISION BROADCASTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dante M Thompson Director | Trustee | 1 | $0 |
Gregory E West President | OfficerTrustee | 40 | $103,145 |
Patricia L Mathis Vice-Preside | OfficerTrustee | 15 | $28,275 |
Babbie Mason Director | Trustee | 1 | $0 |
Melvin D Klaudt Director | Trustee | 1 | $0 |
J Craig Murphy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,811,989 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,811,989 |
| Total Program Service Revenue | $0 |
| Investment income | $1,651 |
| 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 | $1,813,640 |
| 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. | $131,418 |
| Compensation of current officers, directors, key employees. | $59,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $994,610 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $75,783 |
| Payroll taxes | $86,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,440 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,552 |
| Office expenses | $32,801 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $420,339 |
| Travel | $31,827 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $91,304 |
| Insurance | $24,482 |
| All other expenses | $64,309 |
| Total functional expenses | $2,188,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,725,165 |
| Savings and temporary cash investments | $952,171 |
| 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 | $400,225 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $56,141 |
| Other assets | $0 |
| Total assets | $3,133,702 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $3,133,702 |
| 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 | $3,133,702 |