Lv Public Telecommunications Corp Wlvt-tv Channel 39
Nonprofit profile at a glance
- EIN
- 231642883
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Bethlehem, PA, USA
- Phone
- 6108674677
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Television
Reported finances
- Revenue
- $7,596,747
- Expenses
- $10,683,869
- Assets
- $121,268,192
- Liabilities
- $2,514,219
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- TIMOTHY S FALLON (PRESIDENT/CEO THRU 6/24)
Highest reported compensation
- YONATHAN GREENBAUM (CHIEF CONTENT OFFICER THRU 6/25): $231,269 total reported compensation
- TIMOTHY S FALLON (PRESIDENT/CEO THRU 6/24): $197,554 total reported compensation
- ANDREA CUMMIS (CHIEF TECHNOLOGY OFFICER THRU 9/24): $133,848 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
"to educate, inspire, inform, entertain and stimulate the exchange of ideas for the enrichment of the public" begins with the broadcast of pbs programs that highlight issues of national importance, continues with the production of our emmy award winning local programs that explore the critical concerns of our region as well as offer possible solutions, and further touches our community through our educational outreach programs; with a focus on improving reading, literacy and internet safety. This multi-faceted approach allows the community to become active and empowered citizens equipped with the knowledge necessary to improve their quality of life.
What it reported doing in 2024
Wlvt operates a public television station serving a four county area with over 12,000 members. Pbs39 provides to the community:- the broadcast of non-commercial television programs into 2.6 million households within eastern Pennsylvania and western New Jersey with 5.2 million viewers. - early childhood education for thousands of preschoolers and their parents each year as well as educational classroom services, including web-based archives of thousands of educational materials to develop curriculum that impacts students and teachers on a daily basis. - award-winning local documentary and public affairs programs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 60.6%; rating input score 61
- Fundraising efficiency: $2.31 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -40.6%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 11.35; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 8.1%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 9.3% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: -1.1% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 16.6% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 60.6% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $6.5M in reported program spending
- Leadership: top reported pay $231K · 21 people listed · 3 of 6 pay-setting controls reported
- Consistency: 37 of 37 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 6/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.