Marthas Vineyard Community Television Inc
Marthas Vineyard Community Television Inc consistently grows assets and operates with a surplus, reporting zero officer compensation.
EIN: 100004882 · Vineyard Hvn, MA · NTEE: A32 · Updated: 2026-03-27
About Marthas Vineyard Community Television Inc
Marthas Vineyard Community Television Inc (EIN: 100004882) is a nonprofit organization based in Vineyard Hvn, MA, classified under NTEE code A32. The organization reported total revenue of $877K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marthas Vineyard Community Television Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marthas Vineyard Community Television Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Marthas Vineyard Community Television Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($888,377 revenue in 2023) and suggests either a fully volunteer executive leadership or compensation structured in a way not reported as officer compensation on the 990, indicating a strong commitment to minimizing overhead.
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 Marthas Vineyard Community Television Inc:
- Consistent revenue growth, from $634,126 in 2014 to $888,377 in 2023.
- Strong asset growth, increasing from $2.4 million in 2014 to $3.4 million in 2023.
- Consistent operational surplus, with revenues exceeding expenses in all reported periods (e.g., $888,377 revenue vs. $584,013 expenses in 2023).
- Extremely low liabilities, consistently under $30,000 in recent years, indicating strong financial management.
- Reports 0% officer compensation across all 13 filings, suggesting high efficiency and dedication to mission.
Frequently Asked Questions about Marthas Vineyard Community Television Inc
Is Marthas Vineyard Community Television Inc a good charity?
Based on the provided financial data, Marthas Vineyard Community Television Inc appears to be a very good charity. It demonstrates strong financial health with consistent revenue growth, increasing assets from $2.4M in 2014 to $3.4M in 2023, and a consistent operational surplus. The reported 0% officer compensation across all filings is a significant positive indicator of efficient and mission-focused spending.
How has the organization's financial stability changed over time?
Marthas Vineyard Community Television Inc has shown excellent financial stability and growth over the past decade. Revenue has increased from $634,126 in 2014 to $888,377 in 2023, and assets have grown from $2,402,169 to $3,442,411 in the same period. Liabilities have remained consistently low, indicating strong financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings. This suggests that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is a highly positive indicator of fiscal conservatism and dedication to program spending.
Filing History
IRS 990 filing history for Marthas Vineyard Community Television Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marthas Vineyard Community Television Inc's revenue has grown by 86%, moving from $478K to $888K. Total assets increased by 283.6% over the same period, from $897K to $3.4M. Total functional expenses rose by 36.2%, from $429K to $584K. In its most recent filing year (2023), Marthas Vineyard Community Television Inc reported a surplus of $304K, with revenue exceeding expenses. The organization holds $27K in liabilities against $3.4M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $888K | $584K | $3.4M | $27K | — | — |
| 2022 | $846K | $546K | $3.1M | $26K | — | View 990 |
| 2021 | $828K | $573K | $2.8M | $25K | — | View 990 |
| 2020 | $781K | $619K | $2.6M | $25K | — | View 990 |
| 2019 | $770K | $596K | $2.4M | $22K | — | View 990 |
| 2018 | $739K | $568K | $2.2M | $20K | — | View 990 |
| 2017 | $772K | $570K | $2.1M | $20K | — | View 990 |
| 2016 | $708K | $537K | $2.6M | $720K | — | View 990 |
| 2015 | $650K | $556K | $2.4M | $735K | — | View 990 |
| 2014 | $634K | $621K | $2.4M | $820K | — | View 990 |
| 2013 | $1.1M | $484K | $2.3M | $726K | — | View 990 |
| 2012 | $542K | $436K | $1.7M | $734K | — | View 990 |
| 2011 | $478K | $429K | $897K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $888K, expenses of $584K, and assets of $3.4M (revenue +5.0% year-over-year).
- 2022: Revenue of $846K, expenses of $546K, and assets of $3.1M (revenue +2.1% year-over-year).
- 2021: Revenue of $828K, expenses of $573K, and assets of $2.8M (revenue +6.1% year-over-year).
- 2020: Revenue of $781K, expenses of $619K, and assets of $2.6M (revenue +1.4% year-over-year).
- 2019: Revenue of $770K, expenses of $596K, and assets of $2.4M (revenue +4.1% year-over-year).
- 2018: Revenue of $739K, expenses of $568K, and assets of $2.2M (revenue -4.2% year-over-year).
- 2017: Revenue of $772K, expenses of $570K, and assets of $2.1M (revenue +9.0% year-over-year).
- 2016: Revenue of $708K, expenses of $537K, and assets of $2.6M (revenue +9.0% year-over-year).
- 2015: Revenue of $650K, expenses of $556K, and assets of $2.4M (revenue +2.5% year-over-year).
- 2014: Revenue of $634K, expenses of $621K, and assets of $2.4M (revenue -40.7% year-over-year).
- 2013: Revenue of $1.1M, expenses of $484K, and assets of $2.3M (revenue +97.5% year-over-year).
- 2012: Revenue of $542K, expenses of $436K, and assets of $1.7M (revenue +13.4% year-over-year).
- 2011: Revenue of $478K, expenses of $429K, and assets of $897K.
Data Sources and Methodology
This transparency report for Marthas Vineyard Community Television 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.