Medway Cable Access Corporation
Medway Cable Access Corp: Stable Finances, High Program Spending
EIN: 222546987 · Medway, MA · NTEE: A32Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $233K |
| Total Expenses | $252K |
| Program Spending | 88% |
| Net Assets | $344K |
| Transparency Score | 85/100 |
Is Medway Cable Access Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Medway Cable Access Corporation directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Medway Cable Access Corporation
Medway Cable Access Corporation (EIN: 222546987) is a nonprofit organization based in Medway, MA, classified under NTEE code A32Z. The organization reported total revenue of $233K and total assets of $369K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medway Cable Access Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medway Cable Access Corporation is a small nonprofit that has been operating for 40 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $239K |
| Total Expenses | $252K |
| Surplus / Deficit | $-12,649 |
| Total Assets | $375K |
| Total Liabilities | $31K |
| Net Assets | $344K |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 8.2% |
| Months of Reserves | 17.9 months |
Financial Health Grade: B
In 2023, Medway Cable Access Corporation reported a deficit of $13K with expenses exceeding revenue, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.2% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Medway Cable Access Corporation's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | +6.5% | +3.0% |
| 2022 | -0.3% | -9.3% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
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 Medway Cable Access Corporation with a Mission Score of 85 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Medway Cable Access Corporation allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided filings, but the organization's overall expenses are modest relative to its revenue.
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 Medway Cable Access Corporation:
- Consistent revenue and asset base over three years.
- Very high percentage of spending directed towards program services (88%).
- Low administrative and fundraising overhead.
- Healthy asset-to-liability ratio.
Frequently Asked Questions about Medway Cable Access Corporation
Is Medway Cable Access Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Medway Cable Access Corporation (EIN: 222546987) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Medway Cable Access Corporation spend its money?
Medway Cable Access Corporation directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Medway Cable Access Corporation tax-deductible?
Medway Cable Access Corporation is registered as a tax-exempt nonprofit (EIN: 222546987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Medway Cable Access Corporation's spending goes to programs?
Medway Cable Access Corporation directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Medway Cable Access Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Medway Cable Access Corporation is above average for NTEE category A32Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Medway Cable Access Corporation located?
Medway Cable Access Corporation is headquartered in Medway, Massachusetts and files with the IRS under EIN 222546987. It is classified under NTEE code A32Z.
How many years of IRS 990 filings does Medway Cable Access Corporation have?
Medway Cable Access Corporation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $233K in total revenue.
What does Medway Cable Access Corporation do?
Medway Cable Access Corporation is a nonprofit organization in the Arts, Culture & Humanities sector, located in Medway, Massachusetts. It is classified under NTEE code A32Z.
How much revenue does Medway Cable Access Corporation have?
Medway Cable Access Corporation reported total revenue of $232,504. Based on 3 IRS 990 filings on record.
What are Medway Cable Access Corporation's total assets?
Medway Cable Access Corporation holds total assets of $368,992 as reported in IRS 990 filings.
Where is Medway Cable Access Corporation located?
Medway Cable Access Corporation is based in Medway, Massachusetts.
What is Medway Cable Access Corporation's EIN?
Medway Cable Access Corporation's Employer Identification Number (EIN) is 222546987. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Medway Cable Access Corporation?
Medway Cable Access Corporation is classified under NTEE code A32Z (Arts, Culture & Humanities).
Is Medway Cable Access Corporation a registered 501(c)(3)?
Yes, Medway Cable Access Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222546987.
Does Medway Cable Access Corporation file IRS Form 990?
Yes, Medway Cable Access Corporation has 3 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Medway Cable Access Corporation's revenue in 2023?
In the 202308 filing period, Medway Cable Access Corporation reported total revenue of $239,325, total expenses of $251,974, and net assets of $375,123.
Is Medway Cable Access Corporation's revenue growing or declining?
Medway Cable Access Corporation's revenue is relatively stable. Revenue went from $243,333 (202208) to $239,325 (202308), a -1.6% change. Based on 3 filings on record.
What is Medway Cable Access Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Medway Cable Access Corporation covers tax period 202308. It shows revenue of $239,325, expenses of $251,974, total assets of $375,123, and liabilities of $30,690.
How much does Medway Cable Access Corporation spend on programs vs administration?
Based on IRS 990 analysis, Medway Cable Access Corporation allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Medway Cable Access Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Medway Cable Access Corporation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Medway Cable Access Corporation's strengths?
Positive indicators for Medway Cable Access Corporation include: Consistent revenue and asset base over three years.. Very high percentage of spending directed towards program services (88%).. Low administrative and fundraising overhead.. Healthy asset-to-liability ratio.. These findings are derived from AI analysis of the organization's financial filings.
How does Medway Cable Access Corporation compensate executives?
Executive compensation is not explicitly detailed in the provided filings, but the organization's overall expenses are modest relative to its revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' in the financial data, does Medway Cable Access Corporation have any significant cash reserves or is it operating on a tight budget?
The 'c0%' likely refers to cash contributions, not cash reserves. With assets of $368,992 and liabilities of $30,690 in 2023, the organization appears to have healthy net assets, indicating a stable financial position rather than a tight budget.
Filing History
IRS 990 filing history for Medway Cable Access Corporation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Medway Cable Access Corporation's revenue has declined by 2%, moving from $244K to $239K. Total assets increased by 5% over the same period, from $357K to $375K. Total functional expenses fell by 3.4%, from $261K to $252K. In its most recent filing year (2023), Medway Cable Access Corporation reported a deficit of $13K, with expenses exceeding revenue. The organization holds $31K in liabilities against $375K in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $344K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $239K | $252K | $375K | $31K | — | — |
| 2022 | $243K | $237K | $364K | $7K | — | View 990 |
| 2021 | $244K | $261K | $357K | $7K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $239K, expenses of $252K, and assets of $375K (revenue -1.6% year-over-year).
- 2022: Revenue of $243K, expenses of $237K, and assets of $364K (revenue -0.3% year-over-year).
- 2021: Revenue of $244K, expenses of $261K, and assets of $357K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medway Cable Access Corporation:
Data Sources and Methodology
This transparency report for Medway Cable Access Corporation 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.