HCTV Corporation
Nonprofit profile at a glance
- EIN
- 541536764
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Herndon, VA, USA
- Phone
- 7036892323
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Television
Reported finances
- Revenue
- $111,793
- Expenses
- $117,641
- Assets
- $120,862
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Blake Rose (President)
People named in this filing
- Blake Rose (President)
- Charlie Waddell (Chairman)
- Mary Tuohy (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide the Town of Herndon and the surrounding viewing area with access to community government affairs programming, community cultural events, and educational programming of interest to Town residents and local schools.
What it reported doing in 2024
Provide training in the fundamentals of the use of studio & other television program production equipment produce and encourage the production by other of programming for the community access channel on the cable television system serving the Town of Herndon and Fairfax County on Cox Communications in Virginia simulate and promote use of the community access channel and foster broad-based participation in such use schedule the use of and to make and administer appropriate regulations governing the management, operation and use of the access channel schedule the use of and to make and administer appropriate regulations governing the management, operation, maintenance and use of the television studio, and other facilities and equipment of the Corporation serve as a vehicle for funding the management and producing the programming for the community access channel foster cooperation among governmental and other providers of community-based programming on the cable television system.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.2%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 1.03; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 30%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 0.1% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: 7.3% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $118K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Officer compensation ratio scored 11/100.