Lower Cape Communications Inc
EIN: 42664623 · Provincetown, MA · NTEE: A34Z
| Metric | Value |
|---|---|
| Total Revenue | $885K |
| Total Expenses | $615K |
| Net Assets | $1.2M |
Is Lower Cape Communications Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lower Cape Communications Inc
Lower Cape Communications Inc (EIN: 42664623) is a nonprofit organization based in Provincetown, MA, classified under NTEE code A34Z. The organization reported total revenue of $885K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lower Cape Communications Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lower Cape Communications Inc is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $658K |
| Total Expenses | $615K |
| Surplus / Deficit | +$43K |
| Total Assets | $1.5M |
| Total Liabilities | $313K |
| Net Assets | $1.2M |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 20.8% |
| Months of Reserves | 29.4 months |
Financial Health Grade: A
In 2023, Lower Cape Communications Inc reported a surplus of $43K with revenue exceeding expenses, holds 29.4 months of operating reserves (strong position), has a debt-to-asset ratio of 20.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lower Cape Communications Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.7% | +9.5% | +25.3% |
| 2022 | -13.9% | +5.0% | -9.8% |
| 2021 | +7.2% | +16.8% | +4.7% |
| 2020 | +3.2% | -3.8% | +13.0% |
| 2019 | +10.0% | +7.7% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lower Cape Communications 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 Lower Cape Communications 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 surplus of $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.8%.
Frequently Asked Questions about Lower Cape Communications Inc
Is Lower Cape Communications Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lower Cape Communications Inc (EIN: 42664623) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lower Cape Communications Inc spend its money?
Detailed spending breakdown data is not yet available for Lower Cape Communications Inc. Check back for updated IRS 990 analysis.
Are donations to Lower Cape Communications Inc tax-deductible?
Lower Cape Communications Inc is registered as a tax-exempt nonprofit (EIN: 42664623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lower Cape Communications Inc located?
Lower Cape Communications Inc is headquartered in Provincetown, Massachusetts and files with the IRS under EIN 42664623. It is classified under NTEE code A34Z.
How many years of IRS 990 filings does Lower Cape Communications Inc have?
Lower Cape Communications 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 $885K in total revenue.
Filing History
IRS 990 filing history for Lower Cape Communications Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lower Cape Communications Inc's revenue has grown by 66.7%, moving from $395K to $658K. Total assets increased by 30.9% over the same period, from $1.2M to $1.5M. Total functional expenses rose by 28.2%, from $480K to $615K. In its most recent filing year (2023), Lower Cape Communications Inc reported a surplus of $43K, with revenue exceeding expenses. The organization holds $313K in liabilities against $1.5M in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $658K | $615K | $1.5M | $313K | — | View 990 |
| 2022 | $611K | $562K | $1.2M | $52K | — | View 990 |
| 2021 | $709K | $535K | $1.3M | $231K | — | View 990 |
| 2020 | $661K | $458K | $1.3M | $345K | — | View 990 |
| 2019 | $640K | $476K | $1.1M | $402K | — | View 990 |
| 2018 | $582K | $442K | $983K | $423K | — | View 990 |
| 2017 | $487K | $468K | $869K | $449K | — | View 990 |
| 2016 | $506K | $489K | $882K | $481K | — | View 990 |
| 2015 | $458K | $495K | $860K | $477K | — | View 990 |
| 2014 | $462K | $533K | $907K | $488K | — | View 990 |
| 2013 | $379K | $483K | $992K | $502K | — | View 990 |
| 2012 | $449K | $494K | $1.1M | $495K | — | View 990 |
| 2011 | $395K | $480K | $1.2M | $512K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $658K, expenses of $615K, and assets of $1.5M (revenue +7.7% year-over-year).
- 2022: Revenue of $611K, expenses of $562K, and assets of $1.2M (revenue -13.9% year-over-year).
- 2021: Revenue of $709K, expenses of $535K, and assets of $1.3M (revenue +7.2% year-over-year).
- 2020: Revenue of $661K, expenses of $458K, and assets of $1.3M (revenue +3.2% year-over-year).
- 2019: Revenue of $640K, expenses of $476K, and assets of $1.1M (revenue +10.0% year-over-year).
- 2018: Revenue of $582K, expenses of $442K, and assets of $983K (revenue +19.5% year-over-year).
- 2017: Revenue of $487K, expenses of $468K, and assets of $869K (revenue -3.8% year-over-year).
- 2016: Revenue of $506K, expenses of $489K, and assets of $882K (revenue +10.5% year-over-year).
- 2015: Revenue of $458K, expenses of $495K, and assets of $860K (revenue -0.9% year-over-year).
- 2014: Revenue of $462K, expenses of $533K, and assets of $907K (revenue +21.9% year-over-year).
- 2013: Revenue of $379K, expenses of $483K, and assets of $992K (revenue -15.5% year-over-year).
- 2012: Revenue of $449K, expenses of $494K, and assets of $1.1M (revenue +13.8% year-over-year).
- 2011: Revenue of $395K, expenses of $480K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lower Cape Communications Inc:
Data Sources and Methodology
This transparency report for Lower Cape Communications 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.