70 Faces Media Inc
70 Faces Media Inc shows consistent revenue growth but experienced a slight operating deficit in 2023.
EIN: 130887610 · New York, NY · NTEE: A30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.4M |
| Total Expenses | $8.0M |
| Program Spending | 80% |
| Net Assets | $2.8M |
| Transparency Score | 85/100 |
Is 70 Faces Media Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
70 Faces Media Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 70 Faces Media Inc
70 Faces Media Inc (EIN: 130887610) is a nonprofit organization based in New York, NY, classified under NTEE code A30Z. The organization reported total revenue of $8.4M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 70 Faces Media Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
70 Faces Media Inc is a mid-size nonprofit that has been operating for 87 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.9M |
| Total Expenses | $8.0M |
| Surplus / Deficit | $-94,740 |
| Total Assets | $3.8M |
| Total Liabilities | $947K |
| Net Assets | $2.8M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 25.2% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2023, 70 Faces Media Inc reported a deficit of $95K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 25.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), 70 Faces Media Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | +7.7% | +3.3% |
| 2022 | -10.3% | +15.0% | -21.6% |
| 2021 | +14.8% | +18.7% | +32.8% |
| 2020 | +51.0% | +10.6% | +48.8% |
| 2019 | -4.9% | +2.2% | -24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1939 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 70 Faces Media Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, 70 Faces Media Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $95K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and revenue level.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 70 Faces Media Inc's IRS 990 filings:
- Consistent operating deficits in recent years (2022, 2023)
- Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further investigation into compensation structures.
Strengths
The following positive indicators were identified for 70 Faces Media Inc:
- Significant revenue growth over the past decade, from $3.1M in 2014 to $7.9M in 2023.
- Substantial asset base ($3,755,255 in 2023) providing financial stability.
- Consistent filing of IRS 990 forms, indicating good transparency practices.
Frequently Asked Questions about 70 Faces Media Inc
Is 70 Faces Media Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 70 Faces Media Inc (EIN: 130887610) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does 70 Faces Media Inc spend its money?
70 Faces Media Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 70 Faces Media Inc tax-deductible?
70 Faces Media Inc is registered as a tax-exempt nonprofit (EIN: 130887610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of 70 Faces Media Inc's spending goes to programs?
70 Faces Media Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 70 Faces Media Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), 70 Faces Media Inc is above average for NTEE category A30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 70 Faces Media Inc located?
70 Faces Media Inc is headquartered in New York, New York and files with the IRS under EIN 130887610. It is classified under NTEE code A30Z.
How many years of IRS 990 filings does 70 Faces Media Inc have?
70 Faces Media Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.4M in total revenue.
Is 70 Faces Media Inc financially sustainable given recent operating deficits?
While 70 Faces Media Inc had a slight operating deficit in 2023 ($8,042,457 expenses vs. $7,947,717 revenue) and 2022 ($7,468,593 expenses vs. $6,612,267 revenue), its substantial assets of $3,755,255 in 2023 and a history of strong revenue growth suggest a capacity to absorb these short-term deficits. However, sustained deficits would warrant closer scrutiny.
How does 70 Faces Media Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues reaching nearly $8 million. This could indicate that executive leadership is compensated through other means not classified as 'officer compensation' on the 990, or that leadership is entirely volunteer-based, which would be exceptional for an organization of this scale.
What is the trend in the organization's net assets?
Net assets have fluctuated over the years. While assets were $4,638,573 in 2021, they decreased to $3,755,255 in 2023. Liabilities have also increased from $349,068 in 2014 to $947,452 in 2023, suggesting a need to monitor the overall financial health and asset management.
Filing History
IRS 990 filing history for 70 Faces Media Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), 70 Faces Media Inc's revenue has grown by 277.1%, moving from $2.1M to $7.9M. Total assets increased by 112.8% over the same period, from $1.8M to $3.8M. Total functional expenses rose by 299.8%, from $2.0M to $8.0M. In its most recent filing year (2023), 70 Faces Media Inc reported a deficit of $95K, with expenses exceeding revenue. The organization holds $947K in liabilities against $3.8M in assets (debt-to-asset ratio: 25.2%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $8.0M | $3.8M | $947K | — | — |
| 2022 | $6.6M | $7.5M | $3.6M | $734K | — | View 990 |
| 2021 | $7.4M | $6.5M | $4.6M | $880K | — | View 990 |
| 2020 | $6.4M | $5.5M | $3.5M | $613K | — | View 990 |
| 2019 | $4.3M | $4.9M | $2.3M | $418K | — | View 990 |
| 2018 | $4.5M | $4.8M | $3.1M | $487K | — | View 990 |
| 2017 | $3.9M | $4.8M | $3.4M | $387K | — | View 990 |
| 2016 | $4.5M | $4.4M | $4.3M | $403K | — | View 990 |
| 2015 | $4.2M | $3.6M | $4.2M | $424K | — | View 990 |
| 2014 | $3.1M | $2.4M | $2.9M | $349K | — | View 990 |
| 2013 | $2.0M | $2.0M | $2.0M | $243K | — | View 990 |
| 2012 | $2.6M | $2.2M | $2.2M | $303K | — | View 990 |
| 2011 | $2.1M | $2.0M | $1.8M | $312K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $8.0M, and assets of $3.8M (revenue +20.2% year-over-year).
- 2022: Revenue of $6.6M, expenses of $7.5M, and assets of $3.6M (revenue -10.3% year-over-year).
- 2021: Revenue of $7.4M, expenses of $6.5M, and assets of $4.6M (revenue +14.8% year-over-year).
- 2020: Revenue of $6.4M, expenses of $5.5M, and assets of $3.5M (revenue +51.0% year-over-year).
- 2019: Revenue of $4.3M, expenses of $4.9M, and assets of $2.3M (revenue -4.9% year-over-year).
- 2018: Revenue of $4.5M, expenses of $4.8M, and assets of $3.1M (revenue +14.6% year-over-year).
- 2017: Revenue of $3.9M, expenses of $4.8M, and assets of $3.4M (revenue -12.6% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.4M, and assets of $4.3M (revenue +6.3% year-over-year).
- 2015: Revenue of $4.2M, expenses of $3.6M, and assets of $4.2M (revenue +34.5% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.4M, and assets of $2.9M (revenue +58.7% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $2.0M (revenue -23.4% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.2M, and assets of $2.2M (revenue +21.7% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.0M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 70 Faces Media Inc:
Data Sources and Methodology
This transparency report for 70 Faces Media Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.