Quick charity verification for Woburn Public Media Center Inc (EIN: 203165653)
Verdict: Woburn Public Media Center Inc appears trustworthy
85/100Mission Score
$830KRevenue
$2.7MAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the two most recent filing periods (2022 and 2023), indicating operational deficits.
Consistent 0% officer compensation for an organization with over $2.7 million in assets is unusual and may warrant further investigation into how leadership is compensated or sustained.
Strengths
Strong and growing asset base, increasing from $1,988,985 in 2014 to $2,756,214 in 2023, indicating financial stability.
Very low liabilities, consistently under $16,000, demonstrating minimal debt burden.
Consistent filing of IRS Form 990s over 13 periods, showing strong transparency and accountability.
Absence of officer compensation suggests a high proportion of funds are directed towards programs and operations rather than executive salaries.
Spending Breakdown
How Woburn Public Media Center 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 Woburn Public Media Center Inc
Is Woburn Public Media Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Woburn Public Media Center Inc (EIN: 203165653) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Woburn Public Media Center Inc a good charity to donate to?
Woburn Public Media Center Inc has a Mission Score of 85/100. Revenue: $830K. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Woburn Public Media Center Inc?
The Employer Identification Number (EIN) for Woburn Public Media Center Inc is 203165653. 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 Woburn Public Media Center Inc spend its money?
Woburn Public Media Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Woburn Public Media Center Inc's tax-exempt status?
You can verify Woburn Public Media Center Inc's tax-exempt status using EIN 203165653 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
Woburn Public Media Center Inc demonstrates consistent financial operations, with revenues generally exceeding expenses in most years, contributing to a steady growth in assets. For instance, in 2021, revenue was $755,951 against expenses of $670,731, leading to an increase in assets. However, the most recent two periods (2022 and 2023) show expenses slightly exceeding revenue, with 2023 reporting expenses of $769,819 against revenues of $686,235. This trend warrants monitoring to ensure long-term financial stability. The organization's liabilities remain very low, consistently under $16,000, indicating a healthy balance sheet and minimal debt burden.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards operational costs and program delivery rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. The consistent asset growth, from $1,988,985 in 2014 to $2,756,214 in 2023, further supports a picture of sound financial management and sustainability.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public accountability. The readily available financial data allows for a clear understanding of the organization's financial activities. The NTEE code A32 (Public Broadcasting & Media) aligns with the organization's name, suggesting a clear mission focus. The low liabilities and consistent asset base indicate a well-managed and financially stable entity, albeit with recent periods showing a slight deficit in annual operations.