MPEG Access Inc
Nonprofit profile at a glance
- EIN
- 010870422
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Milton, MA, USA
- Phone
- 6176980814
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Television
Reported finances
- Revenue
- $494,716
- Expenses
- $611,335
- Assets
- $454,588
- Liabilities
- $25,329
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Becky Padera (President)
- Michael Lynch (Vice President and Clerk)
People named in this filing
- Bruce Pearson (Director)
- Becky Padera (President)
- Michael Lynch (Vice President and Clerk)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Develop, foster and promote community television in Milton MA, and to utilize a community television facility in producing educational, cultural and general interest programs for the Milton community.
What it reported doing in 2024
Provide local programming for seniors, youth and all segments of the Town of Milton, MA. Coverage of various town board meetings is a priority, in order to cultivate an informed population. Such programming needs are not met by any other broadcaster. Other programs directed to appeal to Milton residents include various church services, local entertainment concerts, high school sports and entertainment, cooking, music, literary and writing programs by Milton residents.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 93
- Accountability: 94
- Sustainability: 27
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.5%; rating input score 80
- Program expense ratio: 66.2%; rating input score 66
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- 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: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -23.6%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -0.8% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: -8.5% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 80.5% of revenue deployed · 66.2% of spending went to programs
- Governance: 6 of 6 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $405K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- 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 12/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.