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 DisantiFRANCIS 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 LeeAPRIL 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 BeaupreDAVID 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 RejniakLYNN 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
-
$1,237,959
GENERAL SUPPORT
-
$412,653
GENERAL SUPPORT
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.
-
501(C)(3) · HIGHER EDUCATION · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531349349300723
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