Marlborough Cable Trust
EIN: 42741882 · Marlborough, MA
Is Marlborough Cable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marlborough Cable Trust
Marlborough Cable Trust (EIN: 42741882) is a nonprofit organization based in Marlborough, MA. The organization reported total revenue of $480K and total assets of $367K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marlborough Cable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marlborough Cable Trust is a small nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $496K |
| Total Expenses | $517K |
| Surplus / Deficit | $-21,220 |
| Total Assets | $457K |
| Total Liabilities | $234K |
| Net Assets | $223K |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 51.2% |
| Months of Reserves | 10.6 months |
Financial Health Grade: C
In 2024, Marlborough Cable Trust reported a deficit of $21K with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 51.2% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Marlborough Cable Trust's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.3% | +3.4% | -12.2% |
| 2023 | +24.7% | +23.9% | +72.6% |
| 2022 | -23.5% | -3.8% | -4.8% |
| 2021 | -5.4% | -18.8% | +51.8% |
| 2020 | +43.8% | -1.0% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marlborough Cable Trust 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 Marlborough Cable Trust 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.2%.
Frequently Asked Questions about Marlborough Cable Trust
Is Marlborough Cable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Marlborough Cable Trust (EIN: 42741882) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marlborough Cable Trust spend its money?
Detailed spending breakdown data is not yet available for Marlborough Cable Trust. Check back for updated IRS 990 analysis.
Are donations to Marlborough Cable Trust tax-deductible?
Marlborough Cable Trust is registered as a tax-exempt nonprofit (EIN: 42741882). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Marlborough Cable Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Marlborough Cable Trust's revenue has grown by 9.6%, moving from $452K to $496K. Total assets decreased by 43.7% over the same period, from $811K to $457K. Total functional expenses rose by 27.7%, from $405K to $517K. In its most recent filing year (2024), Marlborough Cable Trust reported a deficit of $21K, with expenses exceeding revenue. The organization holds $234K in liabilities against $457K in assets (debt-to-asset ratio: 51.2%), resulting in net assets of $223K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $496K | $517K | $457K | $234K | — | — |
| 2023 | $462K | $500K | $520K | $276K | — | View 990 |
| 2022 | $370K | $403K | $301K | $20K | — | View 990 |
| 2021 | $484K | $419K | $317K | $2K | — | View 990 |
| 2020 | $512K | $516K | $209K | $16K | — | View 990 |
| 2019 | $356K | $521K | $200K | $3K | — | View 990 |
| 2018 | $192K | $530K | $368K | $6K | — | View 990 |
| 2017 | $497K | $536K | $904K | $203K | — | View 990 |
| 2016 | $499K | $485K | $1.0M | $295K | — | View 990 |
| 2015 | $490K | $459K | $1.1M | $328K | — | View 990 |
| 2014 | $489K | $448K | $1.1M | $372K | — | View 990 |
| 2013 | $482K | $415K | $953K | $299K | — | View 990 |
| 2012 | $497K | $410K | $946K | $360K | — | View 990 |
| 2011 | $452K | $405K | $811K | $312K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $496K, expenses of $517K, and assets of $457K (revenue +7.3% year-over-year).
- 2023: Revenue of $462K, expenses of $500K, and assets of $520K (revenue +24.7% year-over-year).
- 2022: Revenue of $370K, expenses of $403K, and assets of $301K (revenue -23.5% year-over-year).
- 2021: Revenue of $484K, expenses of $419K, and assets of $317K (revenue -5.4% year-over-year).
- 2020: Revenue of $512K, expenses of $516K, and assets of $209K (revenue +43.8% year-over-year).
- 2019: Revenue of $356K, expenses of $521K, and assets of $200K (revenue +85.6% year-over-year).
- 2018: Revenue of $192K, expenses of $530K, and assets of $368K (revenue -61.4% year-over-year).
- 2017: Revenue of $497K, expenses of $536K, and assets of $904K (revenue -0.3% year-over-year).
- 2016: Revenue of $499K, expenses of $485K, and assets of $1.0M (revenue +1.8% year-over-year).
- 2015: Revenue of $490K, expenses of $459K, and assets of $1.1M (revenue +0.1% year-over-year).
- 2014: Revenue of $489K, expenses of $448K, and assets of $1.1M (revenue +1.4% year-over-year).
- 2013: Revenue of $482K, expenses of $415K, and assets of $953K (revenue -2.8% year-over-year).
- 2012: Revenue of $497K, expenses of $410K, and assets of $946K (revenue +9.9% year-over-year).
- 2011: Revenue of $452K, expenses of $405K, and assets of $811K.
Data Sources and Methodology
This transparency report for Marlborough Cable Trust 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.