Lincoln County Television

Lincoln County Television consistently operates at a deficit but recently saw a significant increase in assets.

EIN: 10471814 · Newcastle, ME · Updated: 2026-03-28

$255KRevenue

$235KAssets

75/100Mission Score (Good)

About Lincoln County Television

Lincoln County Television (EIN: 10471814) is a nonprofit organization based in Newcastle, ME. The organization reported total revenue of $255K and total assets of $235K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln County Television's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lincoln County Television demonstrates consistent operational deficits, with expenses exceeding revenue in four of the last five reported periods. For example, in 2023, expenses were $232,218 against revenues of $226,585, indicating a reliance on prior reserves or other funding to cover shortfalls. Despite these deficits, the organization's assets have shown a significant increase from $40,924 in 2023 to the latest reported $235,149, suggesting a recent substantial influx of capital or asset revaluation. The organization reports 0% officer compensation across all filings, which is a positive indicator of volunteer leadership or very modest compensation not meeting reporting thresholds, contributing to lower administrative overhead.

The financial health, while showing operational deficits, is bolstered by the recent asset growth. The consistent reporting of 0% officer compensation suggests a lean administrative structure, which generally points to efficient use of funds for its mission. However, without a detailed breakdown of expenses (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is challenging. The organization's consistent filing of IRS Form 990s demonstrates a commitment to transparency.

Overall, Lincoln County Television appears to be a community-focused organization with a lean leadership structure. While operational deficits are a concern, the recent growth in assets suggests a potential turnaround or significant investment. Further detail on expense allocation would provide a clearer picture of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lincoln County Television with a Mission Score of 75 out of 100 (Good). 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: 80%
fundraising: 5%

According to IRS 990 filings, Lincoln County Television allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all five filings, indicating that no officers received compensation above the IRS reporting threshold, or that leadership is entirely volunteer-based, which is highly efficient for an organization of its size with revenues around $200,000.

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 Lincoln County Television's IRS 990 filings:

Consistent operational deficits (expenses exceeding revenue in 4 of 5 years)
Increasing liabilities over time (from $329 in 2019 to $27,375 in 2023)

Strengths

The following positive indicators were identified for Lincoln County Television:

Zero reported officer compensation, indicating lean administrative costs or volunteer leadership
Significant recent growth in assets (from $40,924 in 2023 to $235,149)
Consistent filing of IRS Form 990s, demonstrating transparency
Revenue growth over the five-year period (from $71,948 in 2019 to $226,585 in 2023)

Frequently Asked Questions about Lincoln County Television

Is Lincoln County Television financially sustainable given its recurring operational deficits?

The organization has consistently spent more than it earned in four of the last five years, with the latest reported revenue of $226,585 against expenses of $232,218 in 2023. While this trend is concerning for long-term sustainability, the significant increase in assets from $40,924 in 2023 to $235,149 suggests a recent capital infusion or successful fundraising effort that could improve its financial footing.

What caused the substantial increase in assets from $40,924 in 2023 to $235,149?

The provided data does not specify the reason for this dramatic increase in assets. It could be due to a major donation, a successful capital campaign, an investment gain, or the acquisition of new property or equipment. Further investigation into their full 990 forms would be needed to determine the exact cause.

How does the organization cover its operational deficits?

With expenses exceeding revenue in most periods (e.g., $232,218 expenses vs. $226,585 revenue in 2023), the organization likely covers these deficits by drawing from accumulated reserves, receiving one-time grants, or through the recent significant increase in assets. The liabilities have also increased over time, from $329 in 2019 to $27,375 in 2023, which could also be a source of short-term funding.

Filing History

IRS 990 filing history for Lincoln County Television showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2019–2023), Lincoln County Television's revenue has grown by 214.9%, moving from $72K to $227K. Total assets decreased by 20.4% over the same period, from $51K to $41K. Total functional expenses rose by 246.6%, from $67K to $232K. In its most recent filing year (2023), Lincoln County Television reported a deficit of $6K, with expenses exceeding revenue. The organization holds $27K in liabilities against $41K in assets (debt-to-asset ratio: 66.9%), resulting in net assets of $14K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$227K	$232K	$41K	$27K	—	—
2022	$217K	$222K	$41K	$22K	—	View 990
2021	$176K	$189K	$35K	$11K	—	View 990
2020	$119K	$133K	$46K	$9K	—	—
2019	$72K	$67K	$51K	$329	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $227K, expenses of $232K, and assets of $41K (revenue +4.4% year-over-year).
2022: Revenue of $217K, expenses of $222K, and assets of $41K (revenue +23.2% year-over-year).
2021: Revenue of $176K, expenses of $189K, and assets of $35K (revenue +48.1% year-over-year).
2020: Revenue of $119K, expenses of $133K, and assets of $46K (revenue +65.2% year-over-year).
2019: Revenue of $72K, expenses of $67K, and assets of $51K.

Data Sources and Methodology

This transparency report for Lincoln County Television 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.