Form 990 for tax year 2024
Filed by NORTH AMERICAN CATHOLIC EDUCATIONAL PROGRAMMING FOUNDATION INC.
Totals
- Total revenue
- $20,187,892
- Total expenses
- $19,640,163
- Contributions and grants received
- $0
- Grants paid
- $12,591,745
- Program service revenue
- $14,997,661
- Investment income
- $1,909,070
- Other revenue
- $3,281,161
- Total assets, end of year
- $138,611,273
- Total liabilities, end of year
- $11,296,827
- Net assets or fund balances, end of year
- $127,314,446
- Program services expenses (Part IX)
- $16,606,684
- Management and general expenses
- $3,033,479
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $16,606,684
Program services were 84.6% 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.
-
2a · Program service revenue: ITFS/EBS BROADBAND SPECTRUM
total $9,942,723 · related or exempt $9,942,723
-
2b · Program service revenue: EBSA - MOBILE BEACON
total $5,054,938 · related or exempt $5,054,938
-
3 · Investment income
total $2,513,292 · excluded $2,513,292
-
6a · Gross rents
personal property $62,185
-
6b · Less rental expenses
personal property $0
-
6c · Rental income or loss
personal property $62,185
-
6d · Net rental income or loss
total $62,185 · unrelated business $62,185
-
7a · Gross sales of assets other than inventory
securities $17,511,000
-
7b · Less cost or other basis and sales expenses
securities $18,115,222
-
7c · Gain or loss
securities -$604,222
-
7d · Net gain or loss
total -$604,222 · excluded -$604,222
-
10a · Gross sales of inventory
$4,229,048
-
10b · Cost of goods sold
$1,010,072
-
10c · Net income from sales of inventory
total $3,218,976 · related or exempt $3,218,976
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $12,591,745 · program services $12,591,745
-
5 · Compensation of officers, directors and key employees
total $326,112 · program services $133,397 · management and general $192,715
-
7 · Other salaries and wages
total $1,809,590 · program services $812,725 · management and general $996,865
-
8 · Pension plan contributions
total $306,643 · program services $135,844 · management and general $170,799
-
9 · Other employee benefits
total $359,087 · program services $159,077 · management and general $200,010
-
10 · Payroll taxes
total $115,191 · program services $51,030 · management and general $64,161
-
11b · Fees: legal
total $1,110,027 · program services $514,791 · management and general $595,236
-
11c · Fees: accounting
total $65,853 · program services $58,194 · management and general $7,659
-
11g · Fees: other
total $188,798 · program services $187,314 · management and general $1,484
-
12 · Advertising and promotion
total $58,504 · program services $49,824 · management and general $8,680
-
13 · Office expenses
total $161,487 · program services $157,363 · management and general $4,124
-
14 · Information technology
total $1,443,159 · program services $879,422 · management and general $563,737
-
16 · Occupancy
total $73,371 · program services $38,776 · management and general $34,595
-
17 · Travel
total $23,092 · program services $23,092
-
22 · Depreciation, depletion and amortization
total $648,490 · program services $634,280 · management and general $14,210
-
23 · Insurance
total $75,208 · program services $35,016 · management and general $40,192
-
24a · Other expenses: REPAIRS
total $70,330 · program services $30,834 · management and general $39,496
-
24b · Other expenses: UBI TAX
total $29,521 · management and general $29,521
-
24c · Other expenses: FARMING
total $2,286 · program services $2,286
-
24e · All other expenses
total $181,669 · program services $111,674 · management and general $69,995
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $37,597,925 · end of year $45,418,414
-
2 · Savings and temporary cash investments
beginning of year $65,966,974 · end of year $5,003,849
-
4 · Accounts receivable
beginning of year $465,238 · end of year $464,088
-
8 · Inventories for sale or use
beginning of year $251,596 · end of year $819,152
-
10a · Land, buildings and equipment: cost or other basis
$7,745,759
-
10b · Land, buildings and equipment: accumulated depreciation
$1,811,020
-
10c · Land, buildings and equipment, net
beginning of year $5,905,500 · end of year $5,934,739
-
11 · Investments: publicly traded securities
beginning of year $16,088,718 · end of year $74,607,185
-
15 · Other assets
beginning of year $6,896,856 · end of year $6,363,846
-
17 · Accounts payable and accrued expenses
end of year $25,927
-
19 · Deferred revenue
beginning of year $12,304,238 · end of year $11,270,900
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $120,868,569 · end of year $127,314,446
Mission and programs · 2024
Mission
NACEPF'S EDUCATIONAL BROADBAND SERVICE ("EBS" 47 CFR 27.1203), FORMERLY TERMED INSTRUCTIONAL TELEVISION FIXED SERVICE ("ITFS" 47 CFR 74.901), PROVIDES EDUCATIONAL AND RELIGIOUS PROGRAMMING AND BROADBAND ACCESS SERVICES TO SCHOOLS, LIBRARIES, HEALTH, HOUSING AND REHABILITATION FACILITIES, AND OTHER PUBLIC INSTITUTIONS AND NONPROFIT ORGANIZATIONS.
-
NACEPF PROVIDED A GRANT TO MARY'S MEALS, A NONPROFIT THAT PROVIDES ONE NUTRITIOUS DAILY MEAL IN A PLACE OF EDUCATION IN SOME OF THE POOREST AREAS OF THE WORLD. 64 MILLION OF THE WORLD'S HUNGRIEST CHILDREN DO NOT ATTEND SCHOOL. IN ORDER TO SURVIVE, THEY HAVE TO BEG OR WORK. WITH MARY'S MEALS PROGRAM, CHILDREN ARE MOTIVATED TO ATTEND SCHOOL TO RECEIVE A MEAL WHILE MAKING THE MOST OF THEIR EDUCATION. NACEPF'S DONATION ENABLED MARY'S MEALS TO FEED AND SUPPORT AN ADDITIONAL 660,000 CHILDREN OVER 1,300 SCHOOLS IN ETHIOPIA, HAITI, LIBERIA, MADAGASCAR, MALAWI, SOUTH SUDAN, ZAMBIA, AND ZIMBABWE.
Expenses $10,000,000 · Grants $10,000,000
-
PROVIDED 4G AND 5G HIGH-SPEED, FREE OR LOW-COST, MOBILE BROADBAND SERVICE TO SCHOOLS, LIBRARIES, NONPROFITS, SOCIAL WELFARE AND HEALTHCARE ORGANIZATIONS TO INCREASE EDUCATIONAL AND WORKFORCE DEVELOPMENT OPPORTUNITIES, DIGITAL LITERACY, AND BROADBAND AVAILABILITY IN BOTH METROPOLITAN AND RURAL AREAS THROUGHOUT THE UNITED STATES. WE PROVIDED CRITICAL BROADBAND SERVICE TO MORE THAN 11,020 EDUCATIONAL AND NONPROFIT ORGANIZATIONS ACROSS ALL 50 STATES, WASHINGTON DC, AND PUERTO RICO. OUR UNLIMITED BROADBAND ACCOUNTS DELIVERED MORE THAN 33,563,174 GB OF DATA TO KEEP COMMUNITIES CONNECTED WHEN AND WHERE THEY NEEDED IT.
Expenses $2,681,773 · Grants $267,768 · Revenue $17,728,441
-
MOBILE BEACON DONATED 10,644 DEVICES TO SCHOOLS, LIBRARIES, NONPROFITS AND EDUCATIONAL INSTITUTIONS DURING THE FISCAL YEAR. WITH THESE DONATED DEVICES AND REDUCED-COST, UNLIMITED DATA PLANS, THESE ORGANIZATIONS HAD THE BROADBAND ACCESS THEY NEEDED TO FULFILL THEIR MISSIONS, EXPAND PROGRAM SERVICES IN THEIR COMMUNITIES, AND CONNECT THEIR CONSTITUENTS WHO OTHERWISE LACKED ACCESS TO TECHNOLOGY.
Expenses $2,065,785 · Grants $970,977 · Revenue $488,196
-
DURING THIS FISCAL YEAR, NACEPF AND BUILDON CONTINUED THEIR CRUCIAL WORK, PROVIDING EQUITABLE ACCESS TO EDUCATION FOR CHILDREN AND ADULTS THROUGH NACEPF'S GRANT, WHICH FUNDED THE CONSTRUCTION OF 20 SCHOOLS IN EIGHT DEVELOPING COUNTRIES WITH 3,698 STUDENTS ATTENDING. EACH SCHOOL WAS BUILT IN PARTNERSHIP WITH THE COMMUNITY IT SERVED AND THE COMMUNITY COMMITTED TO EDUCATE BOYS AND GIRLS IN EQUAL NUMBERS. THROUGH THE ADDITION OF THESE NEW SCHOOLS, LEARNING CONDITIONS HAVE IMPROVED, ATTENDANCE AND PASS RATES HAVE RISEN, AND MORE CHILDREN HAVE BEEN ENROLLED IN SCHOOL. ADDITIONALLY, NACEPF ALSO FUNDED THE LAUNCH OF 15 ADULT LITERACY PROGRAMS DURING THE FISCAL YEAR, WHICH PROVIDED 574 ADULTS WITH THE EDUCATION AND SKILLS NEEDED TO BETTER THEIR OWN LIVES AND POSITIVELY CONTRIBUTE TO THEIR COMMUNITIES. TO DATE, NACEPF HAS NOW FUNDED THE CONSTRUCTION OF 80 PRIMARY SCHOOLS AND LAUNCHED 50 ADULT LITERACY PROGRAMS THROUGH ITS PARTNERSHIP WITH BUILDON.
Expenses $1,353,000 · Grants $1,353,000
-
THE CENTER FOR DISEASE CONTROL CITES TWO MAJOR EFFECTS OF HUNGER ON ACADEMIC PERFORMANCE: THE INABILITY TO FOCUS AND EXCESSIVE ABSENCES DUE TO ILLNESS. RHODE ISLAND COMMUNITY FOOD BANK REPORTED THAT 2 IN 5 HOUSEHOLDS IN RI LACK ADEQUATE FOOD, DEMAND FOR FOOD ASSISTANCE GREW 9% FROM THE PREVIOUS YEAR, AND 38% OF HOUSEHOLDS ARE FOOD INSECURE. NACEPF'S CHARITABLE CONTRIBUTIONS FROM THE VEGETABLE PRODUCE IT GROWS ON ITS ACREAGE ADDRESSES SOME OF THE ROOT CAUSES THAT IMPEDES ACADEMIC SUCCESS BY DISTRIBUTING 288,718 UNITS OR BUNDLES OF VEGETABLE PRODUCE TOTALING 22,311 POUNDS IN WEIGHT TO LOCAL AREA SOUP KITCHENS AND FOOD DISTRIBUTION CHARITIES THAT SERVE THE POOR, NEEDY, AND HOMELESS IN RHODE ISLAND.
Expenses $506,126
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John PrimeauJOHN PRIMEAU
PRESIDENT, TREASURER & DIR
- Total calculated
- $212,897
- From this org
- $179,405
- From related orgs
- $0
- Other
- $33,492
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $179,405
- Bonus
- $0
- Other
- $0
- Deferred
- $26,911
- Nontaxable benefits
- $6,581
- Filer's total
- $212,897
-
Irene PrimeauIRENE PRIMEAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Katherine PrimeauKATHERINE PRIMEAU
V. PRESIDENT, SECRETARY &
- Total calculated
- $174,050
- From this org
- $149,094
- From related orgs
- $0
- Other
- $24,956
- Hours/week
- 42
Schedule J breakdown matched by us
- Base
- $149,094
- Bonus
- $0
- Other
- $0
- Deferred
- $22,364
- Nontaxable benefits
- $2,592
- Filer's total
- $174,050
-
Luz Cristina GrahamLUZ CRISTINA GRAHAM
DIRECTOR OF OPERATIONS, AD
- Total calculated
- $204,762
- From this org
- $174,807
- From related orgs
- $0
- Other
- $29,955
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $174,807
- Bonus
- $0
- Other
- $0
- Deferred
- $26,221
- Nontaxable benefits
- $3,734
- Filer's total
- $204,762
-
Lauren YergeauLAUREN YERGEAU
MARKETING & COMMUNICATIONS MANAGER
- Total calculated
- $118,410
- From this org
- $101,226
- From related orgs
- $0
- Other
- $17,184
- Hours/week
- 42
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
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
The filer's explanations (Part III)
- PART I, LINE 3
- THE PROCESS FOR DETERMINING COMPENSATION OF THE CEO INCLUDED COMPARABILITY DATA AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
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
-
$10,000,000
TO PROVIDE EVERY CHILD WITH ONE NUTRITIOUS MEAL IN A PLACE OF EDUCATION.
-
$1,353,000
BUILT PRIMARY SCHOOLS AND PROVIDED ADULT LITERACY PROGRAMMING
-
$250,000
TO PROVIDE ASSISTANCE TO HOMELESS WOMEN AND CHILDREN.
-
$150,000
TUITION ASSISTANCE ENSURING ALL STUDENTS RECEIVE A COLLEGE-PREPARATORY EDUCATION.
-
SIMAMA INTERNATIONAL
$150,000
TO FEED AND EDUCATE 300 KENYAN CHILDREN
-
$60,000
TO PROVIDE AID TO THE POOR AND VULNERABLE AROUND THE WORLD REGARDLESS OF CREED, RACE, OR NATIONALITY.
-
$24,000
TO PROVIDE LIFESAVING MEDICAL CARE AROUND THE WORLD.
-
TO PROMOTE PROGRAMMING CONGRUENT WITH OUR MISSION
-
SANTA CRUZ PUBLIC LIBRARIES
$0
TO SUPPORT BROADBAND/TECHNOLOGY NEEDS OF THE ORGANIZATION
-
ELK GROVE VILLAGE PUBLIC LIBRARY
$0
TO SUPPORT BROADBAND/TECHNOLOGY NEEDS OF THE ORGANIZATION
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
EDUCATIONAL BROADBAND SERVICE AGENCY LLC DBA MOBILE BEACON CO M OLIVERIO
DEVELOP/EXPAND INST/PROG/ & EDUC. BROADBAND SVCS TO NONPROFITS & RURAL AREAS · RI · income $3,524,760 · assets $28,932,143
Directly controlled by NORTH AMERICAN CATHOLIC EDUCATIONAL PROGRAMMING FOUNDATION INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202602299349302170
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.