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

$278KRevenue
$1.8MAssets
90/100Mission Score (Excellent)
A32

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

Hamilton Wenham Community Access & Media Inc demonstrates consistent financial health with a steady increase in assets over the past decade, growing from $892,612 in 2014 to $1,727,701 in 2023. The organization consistently operates with a surplus, as evidenced by revenues generally exceeding expenses; for example, in 2023, revenue was $295,339 against expenses of $175,982. This indicates sound financial management and an ability to build reserves. The organization's liabilities have remained relatively low, with the exception of 2023 where liabilities reached $1,930, which is still a small fraction of its total assets, suggesting a low-risk financial position. Spending efficiency appears strong, with expenses consistently well below revenue, allowing for asset growth. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for donor confidence. While specific program spending percentages are not detailed in the provided summary, the overall financial picture suggests a lean operational model. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency.

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

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:

Strengths

The following positive indicators were identified for Hamilton Wenham Community Access & Media Inc:

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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
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

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.

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