Hamilton Wenham Community Access & Media Inc
Hamilton Wenham Community Access & Media Inc consistently grows assets and operates efficiently with no reported officer compensation.
EIN: 205699546 · S Hamilton, MA · NTEE: A32 · Updated: 2026-03-28
About Hamilton Wenham Community Access & Media Inc
Hamilton Wenham Community Access & Media Inc (EIN: 205699546) is a nonprofit organization based in S Hamilton, MA, classified under NTEE code A32. The organization reported total revenue of $278K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hamilton Wenham Community Access & Media Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hamilton Wenham Community Access & Media Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hamilton Wenham Community Access & Media Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and suggests a volunteer-led executive structure or that compensation is reported under other expense categories.
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 Hamilton Wenham Community Access & Media Inc's IRS 990 filings:
- No reported officer compensation, which could indicate volunteer leadership or compensation reported in other categories, warranting further investigation for clarity.
Strengths
The following positive indicators were identified for Hamilton Wenham Community Access & Media Inc:
- 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.
Frequently Asked Questions about Hamilton Wenham Community Access & Media Inc
Is Hamilton Wenham Community Access & Media Inc a good charity?
Based on the provided financial data, Hamilton Wenham Community Access & Media Inc appears to be a well-managed and financially healthy organization. It consistently operates with a surplus, grows its assets, and reports no officer compensation, which are strong indicators of efficiency and dedication to its mission.
How has the organization's financial health changed over the last decade?
Over the last decade, Hamilton Wenham Community Access & Media Inc has shown consistent financial growth. Its assets have nearly doubled from $892,612 in 2014 to $1,727,701 in 2023, while revenues have generally increased, and expenses have been well-controlled, leading to a healthy surplus each year.
What is the trend in revenue versus expenses?
The trend shows that revenue consistently exceeds expenses. For example, in 2023, revenue was $295,339 while expenses were $175,982, resulting in a significant surplus. This pattern is consistent across all reported years, indicating strong financial management and sustainability.
Filing History
IRS 990 filing history for Hamilton Wenham Community Access & Media Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hamilton Wenham Community Access & Media Inc's revenue has grown by 125.5%, moving from $131K to $295K. Total assets increased by 163.5% over the same period, from $656K to $1.7M. Total functional expenses rose by 44.6%, from $122K to $176K. In its most recent filing year (2023), Hamilton Wenham Community Access & Media Inc reported a surplus of $119K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $295K | $176K | $1.7M | $2K | — | — |
| 2022 | $247K | $162K | $1.6M | $2K | — | View 990 |
| 2021 | $215K | $157K | $1.5M | $2K | — | View 990 |
| 2020 | $253K | $155K | $1.5M | $14K | — | View 990 |
| 2019 | $266K | $164K | $1.4M | $1K | — | View 990 |
| 2018 | $263K | $154K | $1.3M | $1K | — | View 990 |
| 2017 | $265K | $156K | $1.1M | $1K | — | View 990 |
| 2016 | $254K | $165K | $1.0M | $994 | — | View 990 |
| 2015 | $221K | $169K | $952K | $8K | — | View 990 |
| 2014 | $241K | $154K | $893K | $1K | — | View 990 |
| 2013 | $230K | $164K | $814K | $9K | — | View 990 |
| 2012 | $217K | $133K | $739K | $559 | — | View 990 |
| 2011 | $131K | $122K | $656K | $621 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $295K, expenses of $176K, and assets of $1.7M (revenue +19.6% year-over-year).
- 2022: Revenue of $247K, expenses of $162K, and assets of $1.6M (revenue +14.6% year-over-year).
- 2021: Revenue of $215K, expenses of $157K, and assets of $1.5M (revenue -15.0% year-over-year).
- 2020: Revenue of $253K, expenses of $155K, and assets of $1.5M (revenue -4.9% year-over-year).
- 2019: Revenue of $266K, expenses of $164K, and assets of $1.4M (revenue +1.5% year-over-year).
- 2018: Revenue of $263K, expenses of $154K, and assets of $1.3M (revenue -1.0% year-over-year).
- 2017: Revenue of $265K, expenses of $156K, and assets of $1.1M (revenue +4.7% year-over-year).
- 2016: Revenue of $254K, expenses of $165K, and assets of $1.0M (revenue +14.5% year-over-year).
- 2015: Revenue of $221K, expenses of $169K, and assets of $952K (revenue -8.0% year-over-year).
- 2014: Revenue of $241K, expenses of $154K, and assets of $893K (revenue +4.6% year-over-year).
- 2013: Revenue of $230K, expenses of $164K, and assets of $814K (revenue +6.0% year-over-year).
- 2012: Revenue of $217K, expenses of $133K, and assets of $739K (revenue +65.8% year-over-year).
- 2011: Revenue of $131K, expenses of $122K, and assets of $656K.
Data Sources and Methodology
This transparency report for Hamilton Wenham Community Access & 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.