Quick charity verification for Bloomfield Access Television Inc (EIN: 222472517)
Verdict: Bloomfield Access Television Inc shows mixed signals
65/100Mission Score
$124KRevenue
$162KAssets
3Red Flags
2Strengths
Red Flags
Revenue has consistently declined from $268,469 in 2020 to $124,200 in 2023.
Total assets have significantly decreased from $338,119 in 2020 to $162,275 in 2023.
The organization reported a net loss in 2023 ($248,596 expenses vs $241,909 revenue for 202312 filing).
Strengths
Consistent mission to provide community access television.
Maintains a physical presence in Bloomfield, CT.
Spending Breakdown
How Bloomfield Access Television Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bloomfield Access Television Inc
Is Bloomfield Access Television Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bloomfield Access Television Inc (EIN: 222472517) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Bloomfield Access Television Inc a good charity to donate to?
Bloomfield Access Television Inc has a Mission Score of 65/100. Revenue: $124K. Assets: $162K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bloomfield Access Television Inc?
The Employer Identification Number (EIN) for Bloomfield Access Television Inc is 222472517. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bloomfield Access Television Inc spend its money?
Bloomfield Access Television Inc allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bloomfield Access Television Inc's tax-exempt status?
You can verify Bloomfield Access Television Inc's tax-exempt status using EIN 222472517 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bloomfield Access Television Inc is a arts, culture & humanities nonprofit based in Bloomfield, Connecticut, with reported revenue of $124K and assets of $162K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. - Financial filings are publicly available on their website.
- Detailed program descriptions are provided.
- Board meeting minutes are not readily accessible. Executive compensation is not reported in the available filings, suggesting it is below the $100,000 threshold for disclosure. Revenue has grown +94% across 13 filing periods.