Is Hamilton Wenham Community Access & Media Inc Legit?
Quick charity verification for Hamilton Wenham Community Access & Media Inc (EIN: 205699546)
Verdict: Hamilton Wenham Community Access & Media Inc appears trustworthy
90/100Mission Score
$278KRevenue
$1.8MAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation, which could indicate volunteer leadership or compensation reported in other categories, warranting further investigation for clarity.
Strengths
Consistent asset growth, nearly doubling from $892,612 in 2014 to $1,727,701 in 2023.
Consistent operational surplus, with revenues regularly exceeding expenses (e.g., $295,339 revenue vs. $175,982 expenses in 2023).
Zero reported officer compensation across all filings, suggesting high efficiency or volunteer leadership.
Low liabilities relative to assets, indicating a strong financial position and low risk.
Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Hamilton Wenham Community Access & Media Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Hamilton Wenham Community Access & Media Inc
Is Hamilton Wenham Community Access & Media Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hamilton Wenham Community Access & Media Inc (EIN: 205699546) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Hamilton Wenham Community Access & Media Inc a good charity to donate to?
Hamilton Wenham Community Access & Media Inc has a Mission Score of 90/100. Revenue: $278K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hamilton Wenham Community Access & Media Inc?
The Employer Identification Number (EIN) for Hamilton Wenham Community Access & Media Inc is 205699546. 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 Hamilton Wenham Community Access & Media Inc spend its money?
Hamilton Wenham Community Access & Media Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hamilton Wenham Community Access & Media Inc's tax-exempt status?
You can verify Hamilton Wenham Community Access & Media Inc's tax-exempt status using EIN 205699546 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
Hamilton Wenham Community Access & Media Inc demonstrates consistent financial health with a steady increase in assets over the past decade, growing from $892,612 in 2014 to $1,727,701 in 2023. The organization consistently operates with a surplus, as evidenced by revenues generally exceeding expenses; for example, in 2023, revenue was $295,339 against expenses of $175,982. This indicates sound financial management and an ability to build reserves. The organization's liabilities have remained relatively low, with the exception of 2023 where liabilities reached $1,930, which is still a small fraction of its total assets, suggesting a low-risk financial position.
Spending efficiency appears strong, with expenses consistently well below revenue, allowing for asset growth. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for donor confidence. While specific program spending percentages are not detailed in the provided summary, the overall financial picture suggests a lean operational model. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency.