Ipswich Community Access Media Inc
EIN: 264482224 · Ipswich, MA · NTEE: W99
| Metric | Value |
|---|---|
| Total Revenue | $327K |
| Total Expenses | $298K |
| Net Assets | $388K |
Is Ipswich Community Access Media Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ipswich Community Access Media Inc
Ipswich Community Access Media Inc (EIN: 264482224) is a nonprofit organization based in Ipswich, MA, classified under NTEE code W99. The organization reported total revenue of $327K and total assets of $423K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ipswich Community Access Media Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ipswich Community Access Media Inc is a small nonprofit that has been operating for 12 years, with 16 years of IRS 990 filings on record (2008–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $298K |
| Total Expenses | $298K |
| Surplus / Deficit | $-317 |
| Total Assets | $396K |
| Total Liabilities | $8K |
| Net Assets | $388K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 15.9 months |
Financial Health Grade: B
In 2023, Ipswich Community Access Media Inc reported a deficit of $317 with expenses exceeding revenue, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +0.5% | -1.6% |
| 2022 | +1.2% | -4.9% | +3.0% |
| 2021 | -2.0% | -2.0% | -2.9% |
| 2020 | -3.6% | -7.8% | -1.7% |
| 2019 | +5.3% | -3.3% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ipswich Community Access Media Inc 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 Ipswich Community Access Media Inc 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 $317, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Ipswich Community Access Media Inc
Is Ipswich Community Access Media Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ipswich Community Access Media Inc (EIN: 264482224) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ipswich Community Access Media Inc spend its money?
Detailed spending breakdown data is not yet available for Ipswich Community Access Media Inc. Check back for updated IRS 990 analysis.
Are donations to Ipswich Community Access Media Inc tax-deductible?
Ipswich Community Access Media Inc is registered as a tax-exempt nonprofit (EIN: 264482224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ipswich Community Access Media Inc located?
Ipswich Community Access Media Inc is headquartered in Ipswich, Massachusetts and files with the IRS under EIN 264482224. It is classified under NTEE code W99.
How many years of IRS 990 filings does Ipswich Community Access Media Inc have?
Ipswich Community Access Media Inc has 16 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 $327K in total revenue.
Filing History
IRS 990 filing history for Ipswich Community Access Media Inc showing financial trends over 16 years of public records:
Total assets increased by 39561900% over the same period, from $1 to $396K. In its most recent filing year (2023), Ipswich Community Access Media Inc reported a deficit of $317, with expenses exceeding revenue. The organization holds $8K in liabilities against $396K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $388K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $298K | $298K | $396K | $8K | — | — |
| 2022 | $304K | $297K | $402K | $14K | — | View 990 |
| 2021 | $300K | $312K | $391K | $9K | — | View 990 |
| 2020 | $306K | $318K | $402K | $9K | — | View 990 |
| 2019 | $318K | $345K | $409K | $4K | — | View 990 |
| 2018 | $302K | $357K | $437K | $5K | — | View 990 |
| 2017 | $253K | $335K | $476K | $3K | — | View 990 |
| 2016 | $284K | $290K | $529K | $3K | — | View 990 |
| 2015 | $276K | $263K | $532K | $4K | — | View 990 |
| 2014 | $267K | $302K | $535K | $16K | — | View 990 |
| 2013 | $256K | $295K | $605K | $7K | — | — |
| 2012 | $277K | $240K | $643K | $6K | — | — |
| 2011 | $208K | $220K | $606K | $6K | — | — |
| 2010 | $263K | $157K | $617K | $5K | — | — |
| 2009 | $550K | $55K | $507K | $111 | — | — |
| 2008 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $298K, expenses of $298K, and assets of $396K (revenue -2.0% year-over-year).
- 2022: Revenue of $304K, expenses of $297K, and assets of $402K (revenue +1.2% year-over-year).
- 2021: Revenue of $300K, expenses of $312K, and assets of $391K (revenue -2.0% year-over-year).
- 2020: Revenue of $306K, expenses of $318K, and assets of $402K (revenue -3.6% year-over-year).
- 2019: Revenue of $318K, expenses of $345K, and assets of $409K (revenue +5.3% year-over-year).
- 2018: Revenue of $302K, expenses of $357K, and assets of $437K (revenue +19.2% year-over-year).
- 2017: Revenue of $253K, expenses of $335K, and assets of $476K (revenue -10.8% year-over-year).
- 2016: Revenue of $284K, expenses of $290K, and assets of $529K (revenue +2.6% year-over-year).
- 2015: Revenue of $276K, expenses of $263K, and assets of $532K (revenue +3.7% year-over-year).
- 2014: Revenue of $267K, expenses of $302K, and assets of $535K (revenue +4.1% year-over-year).
- 2013: Revenue of $256K, expenses of $295K, and assets of $605K (revenue -7.4% year-over-year).
- 2012: Revenue of $277K, expenses of $240K, and assets of $643K (revenue +33.1% year-over-year).
- 2011: Revenue of $208K, expenses of $220K, and assets of $606K (revenue -20.9% year-over-year).
- 2010: Revenue of $263K, expenses of $157K, and assets of $617K (revenue -52.3% year-over-year).
- 2009: Revenue of $550K, expenses of $55K, and assets of $507K.
- 2008: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ipswich Community Access Media Inc:
Data Sources and Methodology
This transparency report for Ipswich 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.