Independent World Television Inc
Independent World Television Inc. reports consistent operational deficits in recent years, with a significant reduction in assets.
EIN: 10808098 · Baltimore, MD · NTEE: A32 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.9M |
| Program Spending | 75% |
| Net Assets | $968K |
| Transparency Score | 85/100 |
Is Independent World Television Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Independent World Television Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Independent World Television Inc
Independent World Television Inc (EIN: 10808098) is a nonprofit organization based in Baltimore, MD, classified under NTEE code A32. The organization reported total revenue of $2.8M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent World Television Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Independent World Television Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-416,592 |
| Total Assets | $1.1M |
| Total Liabilities | $153K |
| Net Assets | $968K |
| Operating Margin | -16.9% |
| Debt-to-Asset Ratio | 13.7% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Independent World Television Inc reported a deficit of $417K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 13.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Independent World Television Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +12.2% | -26.8% |
| 2022 | -19.4% | -2.6% | -81.3% |
| 2021 | -27.3% | -25.0% | +5.4% |
| 2020 | +38.1% | +1.9% | +14.8% |
| 2019 | -25.9% | -0.8% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Independent World Television 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: 75%
- fundraising: 10%
According to IRS 990 filings, Independent World Television Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $417K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.7%.
Executive Compensation Analysis
Independent World Television Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This suggests a strong commitment to directing all financial resources towards its mission.
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 Independent World Television Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $416,592 in 202312 and $42,011 in 202212).
- Significant reduction in assets from $8,183,946 in 202112 to $1,121,246 in 202312 without clear explanation in summary data.
Strengths
The following positive indicators were identified for Independent World Television Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency and mission focus.
- Relatively low and stable liabilities over the past decade.
- History of generating substantial revenues, exceeding $2.4 million annually in recent years.
Frequently Asked Questions about Independent World Television Inc
Is Independent World Television Inc a legitimate charity?
Independent World Television Inc (EIN: 10808098) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.8M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Independent World Television Inc spend its money?
Independent World Television Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Independent World Television Inc tax-deductible?
Independent World Television Inc is registered as a tax-exempt nonprofit (EIN: 10808098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Independent World Television Inc's spending goes to programs?
Independent World Television Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Independent World Television Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Independent World Television Inc is above average for NTEE category A32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Independent World Television Inc located?
Independent World Television Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 10808098. It is classified under NTEE code A32.
How many years of IRS 990 filings does Independent World Television Inc have?
Independent World Television 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 $2.8M in total revenue.
Is Independent World Television Inc. financially sustainable given recent deficits?
The organization has reported operational deficits in 202312 ($416,592) and 202212 ($42,011). While it has a history of strong revenues and assets, continued deficits could impact long-term sustainability if not addressed.
What caused the significant drop in assets from $8,183,946 in 202112 to $1,121,246 in 202312?
The provided data does not specify the reason for this substantial decrease in assets. Further investigation into the detailed 990 filings would be necessary to understand if this was due to asset sales, investments, or other factors.
How does the organization manage its liabilities?
Liabilities have remained relatively low and stable over the years, ranging from $129,254 to $556,788, suggesting prudent management of debt and financial obligations.
Filing History
IRS 990 filing history for Independent World Television Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Independent World Television Inc's revenue has grown by 214.8%, moving from $784K to $2.5M. Total assets increased by 705.8% over the same period, from $139K to $1.1M. Total functional expenses rose by 284.6%, from $750K to $2.9M. In its most recent filing year (2023), Independent World Television Inc reported a deficit of $417K, with expenses exceeding revenue. The organization holds $153K in liabilities against $1.1M in assets (debt-to-asset ratio: 13.7%), resulting in net assets of $968K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.9M | $1.1M | $153K | — | — |
| 2022 | $2.5M | $2.6M | $1.5M | $148K | — | View 990 |
| 2021 | $3.1M | $2.6M | $8.2M | $557K | — | View 990 |
| 2020 | $4.3M | $3.5M | $7.8M | $542K | — | — |
| 2019 | $3.1M | $3.5M | $6.8M | $149K | — | View 990 |
| 2018 | $4.2M | $3.5M | $7.1M | $142K | — | View 990 |
| 2017 | $4.6M | $3.4M | $6.4M | $178K | — | View 990 |
| 2016 | $2.7M | $3.1M | $5.0M | $129K | — | View 990 |
| 2015 | $3.0M | $2.7M | $5.4M | $177K | — | View 990 |
| 2014 | $3.0M | $1.9M | $5.0M | $152K | — | View 990 |
| 2013 | $3.1M | $1.2M | $3.7M | $82K | — | View 990 |
| 2012 | $2.4M | $852K | $1.7M | $34K | — | View 990 |
| 2011 | $784K | $750K | $139K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.9M, and assets of $1.1M (revenue -2.4% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.6M, and assets of $1.5M (revenue -19.4% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.6M, and assets of $8.2M (revenue -27.3% year-over-year).
- 2020: Revenue of $4.3M, expenses of $3.5M, and assets of $7.8M (revenue +38.1% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.5M, and assets of $6.8M (revenue -25.9% year-over-year).
- 2018: Revenue of $4.2M, expenses of $3.5M, and assets of $7.1M (revenue -7.9% year-over-year).
- 2017: Revenue of $4.6M, expenses of $3.4M, and assets of $6.4M (revenue +67.2% year-over-year).
- 2016: Revenue of $2.7M, expenses of $3.1M, and assets of $5.0M (revenue -10.1% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.7M, and assets of $5.4M (revenue +1.9% year-over-year).
- 2014: Revenue of $3.0M, expenses of $1.9M, and assets of $5.0M (revenue -5.0% year-over-year).
- 2013: Revenue of $3.1M, expenses of $1.2M, and assets of $3.7M (revenue +28.7% year-over-year).
- 2012: Revenue of $2.4M, expenses of $852K, and assets of $1.7M (revenue +211.6% year-over-year).
- 2011: Revenue of $784K, expenses of $750K, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Independent World Television Inc:
Data Sources and Methodology
This transparency report for Independent World Television 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.