Is Marthas Vineyard Community Television Inc Legit?
Quick charity verification for Marthas Vineyard Community Television Inc (EIN: 100004882)
Verdict: Marthas Vineyard Community Television Inc appears trustworthy
95/100Mission Score
$877KRevenue
$3.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $634,126 in 2014 to $888,377 in 2023.
Strong asset growth, increasing from $2.4 million in 2014 to $3.4 million in 2023.
Consistent operational surplus, with revenues exceeding expenses in all reported periods (e.g., $888,377 revenue vs. $584,013 expenses in 2023).
Extremely low liabilities, consistently under $30,000 in recent years, indicating strong financial management.
Reports 0% officer compensation across all 13 filings, suggesting high efficiency and dedication to mission.
Spending Breakdown
How Marthas Vineyard Community Television Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Marthas Vineyard Community Television Inc
Is Marthas Vineyard Community Television Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marthas Vineyard Community Television Inc (EIN: 100004882) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Marthas Vineyard Community Television Inc a good charity to donate to?
Marthas Vineyard Community Television Inc has a Mission Score of 95/100. Revenue: $877K. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Marthas Vineyard Community Television Inc?
The Employer Identification Number (EIN) for Marthas Vineyard Community Television Inc is 100004882. 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 Marthas Vineyard Community Television Inc spend its money?
Marthas Vineyard Community Television Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Marthas Vineyard Community Television Inc's tax-exempt status?
You can verify Marthas Vineyard Community Television Inc's tax-exempt status using EIN 100004882 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
Marthas Vineyard Community Television Inc (MVCTV) demonstrates consistent financial health and strong program focus based on its IRS 990 filings. Over the past decade, the organization has shown steady revenue growth, increasing from $634,126 in 2014 to $888,377 in 2023. This growth has allowed for a significant increase in assets, from $2.4 million in 2014 to $3.4 million in 2023, indicating sound financial management and accumulation of resources. The organization consistently operates with a surplus, with revenues exceeding expenses in all reported periods, for example, $888,377 in revenue against $584,013 in expenses in 2023.
MVCTV exhibits excellent spending efficiency, particularly in its program service allocation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surplus and the nature of a community television station (NTEE Code A32 - Television, Radio, and Film) suggest that the vast majority of expenses are directly related to delivering its mission. The organization's liabilities are consistently low, ranging from $20,383 to $26,605 in recent years, which is a positive indicator of financial stability and responsible debt management. The absence of reported officer compensation further enhances its transparency and commitment to mission-driven spending.
Transparency is a significant strength for MVCTV, as evidenced by its consistent filing of IRS Form 990s over 13 periods. The consistent reporting of zero officer compensation is a notable positive, indicating that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual and suggests a strong commitment to minimizing overhead. The clear growth in assets alongside controlled expenses points to a well-managed and financially robust nonprofit dedicated to its community television mission.