Wareham Community Television Inc
Nonprofit profile at a glance
- EIN
- 260250053
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Wareham, MA, USA
- Phone
- 5082732340
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $607,297
- Expenses
- $864,552
- Assets
- $1,475,627
- Liabilities
- $89,278
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- LINDA SCHARF (PRESIDENT)
- MICHAEL SCHOCHET (EXECUTIVE DIRECTOR)
People named in this filing
- LINDA SCHARF (PRESIDENT)
- JODY SANTAGATE (DIRECTOR)
- TOM TRICKER (DIRECTOR)
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
Wareham community television, inc. (wctv) was organized exclusively for charitable, scientific and educational purposes. Specifically, wctv serves the local community by providing media training, facilities and access to cable television through local public access, education, and government (peg) channels unimpeded by government regulations to reach the residents, non-profit organizations, educational institutions and government bodies of wareham, ma.wctv's vision is to strengthen the spirit of the community and enrich the lives of the residents of wareham, ma. This will be accomplished through unobstructed access to communications media and producer-driven television programming based upon the publics' artistic expression, creativity and constitutional rights to freedom of speech on wareham's peg cable channels.
What it reported doing in 2024
Provide media training, facilities and access to cable television through local public access, education, and government (peg) channels.
Operating model
- Revenue model
- Earned-program. 94% 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 - 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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.1%; rating input score 88
- Program expense ratio: 65.6%; rating input score 66
- Fundraising efficiency: $0.47 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -42.4%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 1.71; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 4% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 1.3% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: 88.1% of revenue deployed · 65.6% of spending went to programs
- Governance: 9 of 9 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $567K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 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 — Financial Efficiency: Fundraising efficiency scored 2/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Operating margin scored 4/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.