East Wake Television
EIN: 272363640 · Knightdale, NC · NTEE: A32
Is East Wake Television Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About East Wake Television
East Wake Television (EIN: 272363640) is a nonprofit organization based in Knightdale, NC, classified under NTEE code A32. The organization reported total revenue of $552K and total assets of $915K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East Wake Television's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
East Wake Television is a small nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $381K |
| Total Expenses | $437K |
| Surplus / Deficit | $-56,187 |
| Total Assets | $848K |
| Total Liabilities | $33K |
| Net Assets | $815K |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 23.3 months |
Financial Health Grade: B
In 2024, East Wake Television reported a deficit of $56K with expenses exceeding revenue, holds 23.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 11 years of filings (2014–2024), East Wake Television's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.1% | +5.5% | -6.3% |
| 2023 | -6.5% | -7.1% | -7.7% |
| 2022 | -3.1% | +32.7% | -7.5% |
| 2021 | -6.0% | -11.5% | +3.3% |
| 2020 | +3.9% | +10.5% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for East Wake Television has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates East Wake Television with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.9%.
Frequently Asked Questions about East Wake Television
Is East Wake Television a legitimate charity?
Based on AI analysis of IRS 990 filings, East Wake Television (EIN: 272363640) insufficient data. 0 red flags identified, 0 strengths noted.
How does East Wake Television spend its money?
Detailed spending breakdown data is not yet available for East Wake Television. Check back for updated IRS 990 analysis.
Are donations to East Wake Television tax-deductible?
East Wake Television is registered as a tax-exempt nonprofit (EIN: 272363640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for East Wake Television showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), East Wake Television's revenue has declined by 14.7%, moving from $446K to $381K. Total assets increased by 6.5% over the same period, from $796K to $848K. Total functional expenses rose by 67.2%, from $261K to $437K. In its most recent filing year (2024), East Wake Television reported a deficit of $56K, with expenses exceeding revenue. The organization holds $33K in liabilities against $848K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $815K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $381K | $437K | $848K | $33K | — | — |
| 2023 | $339K | $414K | $905K | $34K | — | View 990 |
| 2022 | $363K | $446K | $979K | $34K | — | View 990 |
| 2021 | $374K | $336K | $1.1M | $31K | — | View 990 |
| 2020 | $398K | $379K | $1.0M | $36K | — | View 990 |
| 2019 | $383K | $343K | $995K | $25K | — | View 990 |
| 2018 | $377K | $379K | $950K | $20K | — | View 990 |
| 2017 | $389K | $391K | $949K | $17K | — | View 990 |
| 2016 | $403K | $342K | $942K | $7K | — | View 990 |
| 2015 | $400K | $319K | $879K | $6K | — | View 990 |
| 2014 | $446K | $261K | $796K | $5K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $381K, expenses of $437K, and assets of $848K (revenue +12.1% year-over-year).
- 2023: Revenue of $339K, expenses of $414K, and assets of $905K (revenue -6.5% year-over-year).
- 2022: Revenue of $363K, expenses of $446K, and assets of $979K (revenue -3.1% year-over-year).
- 2021: Revenue of $374K, expenses of $336K, and assets of $1.1M (revenue -6.0% year-over-year).
- 2020: Revenue of $398K, expenses of $379K, and assets of $1.0M (revenue +3.9% year-over-year).
- 2019: Revenue of $383K, expenses of $343K, and assets of $995K (revenue +1.6% year-over-year).
- 2018: Revenue of $377K, expenses of $379K, and assets of $950K (revenue -2.9% year-over-year).
- 2017: Revenue of $389K, expenses of $391K, and assets of $949K (revenue -3.6% year-over-year).
- 2016: Revenue of $403K, expenses of $342K, and assets of $942K (revenue +0.7% year-over-year).
- 2015: Revenue of $400K, expenses of $319K, and assets of $879K (revenue -10.3% year-over-year).
- 2014: Revenue of $446K, expenses of $261K, and assets of $796K.
Data Sources and Methodology
This transparency report for East Wake Television 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.