Is Old Rochester Community Television Inc Legit?

Old Rochester Community Television Inc. demonstrates consistent revenue generation, averaging around $380,000 annually over the past decade. However, the organization has experienced a trend of expenses exceeding revenue in recent years, notably in 2023 ($425,200 expenses vs. $399,067 revenue) and 2022 ($438,916 expenses vs. $359,891 revenue). This has led to a gradual decline in assets from a peak of $1,166,541 in 2017 to $748,929 in 2023. The organization's liabilities remain low and stable, indicating good short-term financial management. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of efficiency. While specific program spending percentages are not detailed in the provided data, the consistent operational deficit warrants closer examination to ensure long-term sustainability. The organization's transparency is high given the consistent filing of IRS Form 990s. Overall, while the organization maintains a healthy asset base relative to its revenue, the trend of operating at a deficit for several consecutive years is a concern for its long-term financial health. A detailed breakdown of expenses would be beneficial to assess spending efficiency more precisely, particularly to understand the allocation between program services, administrative costs, and fundraising.