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Nonprofiteer
← DELAWARE VALLEY EDUCATIONAL TELECOMMUNICATIONS NETWORK

Form 990 for tax year 2023

Filed by DELAWARE VALLEY EDUCATIONAL TELECOMMUNICATIONS NETWORK.

Totals

Total revenue
$1,650,612
Total expenses
$1,650,612
Contributions and grants received
$0
Grants paid
$1,650,612
Program service revenue
$0
Investment income
$0
Other revenue
$1,650,612
Total assets, end of year
$2,517,605
Total liabilities, end of year
$2,517,605
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$1,650,612
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,650,612

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 5 · Royalties

    total $1,650,612 · excluded $1,650,612

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,650,612 · program services $1,650,612

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $130,597 · end of year $871

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,275,506 · end of year $2,516,734

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $113,362 · end of year $907

  • 19 · Deferred revenue

    beginning of year $2,292,741 · end of year $2,516,698

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

TO USE FREQUENCIES LICENSED TO THE ORGANIZATION BY THE FCC TO ENHANCE EDUCATIONAL OPPORTUNITIES AND TO PROVIDE INSTRUCTIONAL TELECOMMUNICATIONS AND INCIDENTAL SERVICES PRIMARILY TO STUDENTS AND STAFF IN ACCREDITED PUBLIC AND PRIVATE SCHOOLS.

Activities or mission (Part I)

SEE SCHEDULE O

  • DELAWARE VALLEY EDUCATIONAL TELECOMMUNICATIONS NETWORK IS AUTHORIZED TO MAKE AND HAS MADE CHARITABLE TRANSFERS TO SAINT JOSEPH'S UNIVERSITY AND THE SOURCE FOR LEARNING, BOTH ORGANIZATIONS ARE EXEMPT FROM FEDERAL INCOME TAX AS ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

    Expenses $1,650,612 · Grants $1,650,612

As filed on the 2023 return.

Listed in Part VII

  • Francis Disanti

    PRESIDENT (THRU 12/31/2023)

    Total calculated
    $273,085
    From this org
    $0
    From related orgs
    $231,516
    Other
    $41,569
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $223,388 related
    Bonus
    $0
    Other
    $0 + $8,128 related
    Deferred
    $0 + $23,330 related
    Nontaxable benefits
    $0 + $18,239 related
    Filer's total
    $0 + $273,085 related
  • April Lee

    SECRETARY/TREASURER

    Total calculated
    $238,210
    From this org
    $0
    From related orgs
    $201,895
    Other
    $36,315
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $192,121 related
    Bonus
    $0 + $7,500 related
    Other
    $0 + $2,274 related
    Deferred
    $0 + $19,635 related
    Nontaxable benefits
    $0 + $16,680 related
    Filer's total
    $0 + $238,210 related
  • David Beaupre

    PRESIDENT (BEG 1/1/2024)

    Total calculated
    $420,498
    From this org
    $0
    From related orgs
    $364,666
    Other
    $55,832
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $357,879 related
    Bonus
    $0
    Other
    $0 + $6,787 related
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $22,832 related
    Filer's total
    $0 + $420,498 related
  • Lynn Rejniak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202531349349300723

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