Lakes Region Public Access Tv Inc
Lakes Region Public Access TV consistently maintains financial stability with growing assets and no officer compensation.
EIN: 20506326 · Laconia, NH · NTEE: A32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $85K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000, |
| Net Assets | $150K |
| Transparency Score | 90/100 |
Is Lakes Region Public Access Tv Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lakes Region Public Access Tv Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lakes Region Public Access Tv Inc
Lakes Region Public Access Tv Inc (EIN: 20506326) is a nonprofit organization based in Laconia, NH, classified under NTEE code A32. The organization reported total revenue of $49K and total assets of $119K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lakes Region Public Access Tv Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lakes Region Public Access Tv Inc is a micro nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $85K |
| Surplus / Deficit | +$3K |
| Total Assets | $150K |
| Net Assets | $150K |
| Operating Margin | 3.6% |
| Months of Reserves | 21.2 months |
Financial Health Grade: A
In 2024, Lakes Region Public Access Tv Inc reported a surplus of $3K with revenue exceeding expenses, holds 21.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Lakes Region Public Access Tv Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.4% | +10.8% | +4.5% |
| 2023 | -8.5% | -7.5% | -1.8% |
| 2022 | -0.9% | +15.4% | +1.6% |
| 2021 | -8.4% | -3.0% | +11.0% |
| 2020 | +24.6% | +15.9% | +32.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
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 Lakes Region Public Access Tv 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, Lakes Region Public Access Tv 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a highly positive sign for a small organization with annual revenues typically under $100,000, suggesting a volunteer-driven leadership model.
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.
Strengths
The following positive indicators were identified for Lakes Region Public Access Tv Inc:
- Consistent asset growth, from $53,690 in 2015 to $150,121 in 2024.
- Zero officer compensation reported across all 14 filings, indicating high efficiency and volunteer leadership.
- Maintains low or zero liabilities in most periods, demonstrating strong financial management.
- Consistent positive net income in recent years (e.g., $3,181 in 202406, $3,116 in 202306), ensuring sustainability.
- Long history of consistent IRS 990 filings (14 filings), indicating strong transparency.
Frequently Asked Questions about Lakes Region Public Access Tv Inc
Is Lakes Region Public Access Tv Inc a legitimate charity?
Lakes Region Public Access Tv Inc (EIN: 20506326) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $49K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Lakes Region Public Access Tv Inc spend its money?
Lakes Region Public Access Tv Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lakes Region Public Access Tv Inc tax-deductible?
Lakes Region Public Access Tv Inc is registered as a tax-exempt nonprofit (EIN: 20506326). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lakes Region Public Access Tv Inc CEO make?
Lakes Region Public Access Tv Inc's highest-compensated officer earns $100,000, annually. The organization reported $49K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lakes Region Public Access Tv Inc's spending goes to programs?
Lakes Region Public Access Tv Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lakes Region Public Access Tv Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Lakes Region Public Access Tv 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 Lakes Region Public Access Tv Inc located?
Lakes Region Public Access Tv Inc is headquartered in Laconia, New Hampshire and files with the IRS under EIN 20506326. It is classified under NTEE code A32.
How many years of IRS 990 filings does Lakes Region Public Access Tv Inc have?
Lakes Region Public Access Tv Inc has 14 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 $49K in total revenue.
Is Lakes Region Public Access Tv Inc a good charity?
Based on the provided financial data, Lakes Region Public Access Tv Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by not paying officer compensation, ensuring funds are directed to operations.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Assets have grown from $53,690 in 2015 to $150,121 in 2024, and it has consistently maintained positive net income in most recent years, indicating sustainable operations.
What is the organization's approach to executive compensation?
Lakes Region Public Access Tv Inc has a highly commendable approach to executive compensation, reporting 0% officer compensation in all 14 available filings. This suggests a volunteer-led executive team, maximizing resources for its mission.
Filing History
IRS 990 filing history for Lakes Region Public Access Tv Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Lakes Region Public Access Tv Inc's revenue has declined by 30.5%, moving from $127K to $88K. Total assets decreased by 4.6% over the same period, from $157K to $150K. Total functional expenses fell by 38.7%, from $139K to $85K. In its most recent filing year (2024), Lakes Region Public Access Tv Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $88K | $85K | $150K | $0 | — | — |
| 2023 | $80K | $77K | $144K | $0 | — | — |
| 2022 | $87K | $83K | $146K | $6K | — | View 990 |
| 2021 | $88K | $72K | $144K | $8K | — | — |
| 2020 | $96K | $74K | $130K | $10K | — | View 990 |
| 2019 | $77K | $64K | $98K | $0 | — | View 990 |
| 2018 | $81K | $68K | $85K | $0 | — | View 990 |
| 2017 | $87K | $84K | $72K | $0 | — | View 990 |
| 2016 | $105K | $90K | $69K | $0 | — | View 990 |
| 2015 | $96K | $123K | $54K | $-41 | — | View 990 |
| 2014 | $156K | $161K | $81K | $177 | — | View 990 |
| 2013 | $94K | $163K | $86K | $78 | — | View 990 |
| 2012 | $153K | $155K | $155K | $127 | — | View 990 |
| 2011 | $127K | $139K | $157K | $216 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $88K, expenses of $85K, and assets of $150K (revenue +10.4% year-over-year).
- 2023: Revenue of $80K, expenses of $77K, and assets of $144K (revenue -8.5% year-over-year).
- 2022: Revenue of $87K, expenses of $83K, and assets of $146K (revenue -0.9% year-over-year).
- 2021: Revenue of $88K, expenses of $72K, and assets of $144K (revenue -8.4% year-over-year).
- 2020: Revenue of $96K, expenses of $74K, and assets of $130K (revenue +24.6% year-over-year).
- 2019: Revenue of $77K, expenses of $64K, and assets of $98K (revenue -4.9% year-over-year).
- 2018: Revenue of $81K, expenses of $68K, and assets of $85K (revenue -6.8% year-over-year).
- 2017: Revenue of $87K, expenses of $84K, and assets of $72K (revenue -16.9% year-over-year).
- 2016: Revenue of $105K, expenses of $90K, and assets of $69K (revenue +9.6% year-over-year).
- 2015: Revenue of $96K, expenses of $123K, and assets of $54K (revenue -38.6% year-over-year).
- 2014: Revenue of $156K, expenses of $161K, and assets of $81K (revenue +65.7% year-over-year).
- 2013: Revenue of $94K, expenses of $163K, and assets of $86K (revenue -38.6% year-over-year).
- 2012: Revenue of $153K, expenses of $155K, and assets of $155K (revenue +20.4% year-over-year).
- 2011: Revenue of $127K, expenses of $139K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lakes Region Public Access Tv Inc:
Data Sources and Methodology
This transparency report for Lakes Region Public Access Tv 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.