Illinois Broadband & Cable Association
EIN: 370901237 · Springfield, IL
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.5M |
| Net Assets | $1.8M |
Is Illinois Broadband & Cable Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Illinois Broadband & Cable Association
Illinois Broadband & Cable Association (EIN: 370901237) is a nonprofit organization based in Springfield, IL. The organization reported total revenue of $1.4M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Illinois Broadband & Cable Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Illinois Broadband & Cable Association is a mid-size nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-97,159 |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | -6.9% |
| Months of Reserves | 14.2 months |
Financial Health Grade: C
In 2023, Illinois Broadband & Cable Association reported a deficit of $97K with expenses exceeding revenue, holds 14.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Illinois Broadband & Cable Association's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.9% | +7.6% | -5.2% |
| 2022 | +20.8% | +0.1% | +23.6% |
| 2021 | +3.4% | +2.3% | +4.0% |
| 2020 | -3.1% | +1.8% | +3.0% |
| 2019 | +1.0% | -4.8% | +8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Illinois Broadband & Cable Association 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 Illinois Broadband & Cable Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $97K, with expenses exceeding revenue.
Frequently Asked Questions about Illinois Broadband & Cable Association
Is Illinois Broadband & Cable Association a legitimate charity?
Illinois Broadband & Cable Association (EIN: 370901237) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: B.
How does Illinois Broadband & Cable Association spend its money?
Illinois Broadband & Cable Association reported $1.4M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Illinois Broadband & Cable Association tax-deductible?
Illinois Broadband & Cable Association is registered as a tax-exempt nonprofit (EIN: 370901237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Illinois Broadband & Cable Association located?
Illinois Broadband & Cable Association is headquartered in Springfield, Illinois and files with the IRS under EIN 370901237.
How many years of IRS 990 filings does Illinois Broadband & Cable Association have?
Illinois Broadband & Cable Association 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Illinois Broadband & Cable Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Illinois Broadband & Cable Association's revenue has declined by 9.2%, moving from $1.5M to $1.4M. Total assets increased by 108.3% over the same period, from $852K to $1.8M. Total functional expenses rose by 20.3%, from $1.2M to $1.5M. In its most recent filing year (2023), Illinois Broadband & Cable Association reported a deficit of $97K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.5M | $1.8M | $-348 | — | View 990 |
| 2022 | $1.7M | $1.4M | $1.9M | $-306 | — | View 990 |
| 2021 | $1.4M | $1.4M | $1.5M | $-306 | — | — |
| 2020 | $1.4M | $1.4M | $1.5M | $-70 | — | View 990 |
| 2019 | $1.4M | $1.3M | $1.4M | $-70 | — | View 990 |
| 2018 | $1.4M | $1.4M | $1.3M | $-70 | — | View 990 |
| 2017 | $1.4M | $1.4M | $1.3M | $-70 | — | View 990 |
| 2016 | $1.5M | $1.4M | $1.2M | $-70 | — | View 990 |
| 2015 | $1.5M | $1.5M | $1.2M | $-70 | — | View 990 |
| 2014 | $1.5M | $1.4M | $1.2M | $-30,415 | — | View 990 |
| 2013 | $1.6M | $1.5M | $1.1M | $25 | — | View 990 |
| 2012 | $1.5M | $1.4M | $1.0M | $-70 | — | View 990 |
| 2011 | $1.5M | $1.2M | $852K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.5M, and assets of $1.8M (revenue -19.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $1.9M (revenue +20.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $1.5M (revenue +3.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $1.5M (revenue -3.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $1.4M (revenue +1.0% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $1.3M (revenue -0.4% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $1.3M (revenue -1.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $1.2M (revenue -3.0% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $1.2M (revenue -0.3% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $1.2M (revenue -4.4% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $1.1M (revenue +3.6% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $1.0M (revenue -0.9% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.2M, and assets of $852K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Illinois Broadband & Cable Association:
Data Sources and Methodology
This transparency report for Illinois Broadband & Cable Association 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.