Mpeg Access Inc

Mpeg Access Inc. faces consistent operational deficits and declining assets over recent years.

EIN: 10870422 · Milton, MA · NTEE: A320 · Updated: 2026-03-27

$495KRevenue

$455KAssets

65/100Mission Score (Good)

A320

About Mpeg Access Inc

Mpeg Access Inc (EIN: 10870422) is a nonprofit organization based in Milton, MA, classified under NTEE code A320. The organization reported total revenue of $495K and total assets of $455K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mpeg Access Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mpeg Access Inc. demonstrates a consistent operational history with revenues generally in the range of $400,000 to $600,000 annually. A notable trend is the organization's recent financial performance, with expenses exceeding revenue in the last three reported periods (2023, 2022, 2021). For instance, in 2023, expenses were $618,062 against revenues of $477,094, leading to a deficit. This pattern of spending more than it earns could raise concerns about long-term sustainability if not addressed.

The organization's assets have shown a declining trend over the past several years, from a high of $1,049,366 in 2015 to $569,668 in 2023. While liabilities remain relatively low, the consistent decrease in assets alongside operational deficits suggests a reliance on reserves. The absence of reported officer compensation across all filings indicates a potential for volunteer leadership or very low administrative overhead in this specific area, which is a positive for spending efficiency.

Overall, Mpeg Access Inc. appears to be transparent in its reporting, with a consistent filing history. However, the recent financial deficits and declining asset base warrant closer scrutiny regarding its spending efficiency and long-term financial health. While the lack of officer compensation is a strength, the overall expense management relative to revenue needs improvement to ensure the organization's continued viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mpeg Access Inc with a Mission Score of 65 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, Mpeg Access Inc 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 available filings, indicating that officers either serve on a volunteer basis or receive no reportable compensation, which is highly favorable for minimizing administrative 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.

Red Flags

The following concerns were identified during AI analysis of Mpeg Access Inc's IRS 990 filings:

Consistent operational deficits in the last three reported periods (2021-2023)
Declining asset base over the past several years, from $1,049,366 in 2015 to $569,668 in 2023

Strengths

The following positive indicators were identified for Mpeg Access Inc:

Zero reported officer compensation across all filings, indicating efficient use of funds in this area
Consistent IRS 990 filing history, demonstrating transparency
Relatively low liabilities, suggesting good debt management

Frequently Asked Questions about Mpeg Access Inc

Is Mpeg Access Inc. financially sustainable given recent deficits?

The organization has reported expenses exceeding revenue in the last three periods (2021-2023), with a $140,968 deficit in 2023. This trend, coupled with declining assets, raises concerns about long-term financial sustainability if not reversed.

Why are the organization's assets declining?

Assets have decreased from over $1 million in 2015 to $569,668 in 2023. This decline likely stems from the consistent operational deficits, where expenses have outpaced revenues, requiring the organization to draw down its reserves.

What is the organization's strategy to address the revenue-expense imbalance?

The filings indicate a pattern of spending exceeding income in recent years. Without further information, it's unclear what specific strategies Mpeg Access Inc. is implementing to increase revenue or reduce expenses to achieve financial equilibrium.

Filing History

IRS 990 filing history for Mpeg Access Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2010–2023), Mpeg Access Inc's revenue has grown by 16%, moving from $411K to $477K. Total assets increased by 5.5% over the same period, from $540K to $570K. Total functional expenses rose by 223.3%, from $191K to $618K. In its most recent filing year (2023), Mpeg Access Inc reported a deficit of $141K, with expenses exceeding revenue. The organization holds $24K in liabilities against $570K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $546K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$477K	$618K	$570K	$24K	—	—
2022	$589K	$688K	$711K	$24K	—	View 990
2021	$568K	$554K	$809K	$23K	—	View 990
2020	$485K	$548K	$790K	$20K	—	View 990
2019	$577K	$479K	$883K	$19K	—	View 990
2018	$419K	$529K	$789K	$22K	—	View 990
2017	$455K	$584K	$900K	$23K	—	View 990
2016	$437K	$465K	$1.0M	$18K	—	View 990
2015	$422K	$336K	$1.0M	$14K	—	View 990
2014	$501K	$309K	$974K	$25K	—	View 990
2013	$358K	$291K	$772K	$16K	—	View 990
2012	$297K	$240K	$734K	$45K	—	View 990
2010	$411K	$191K	$540K	$11K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $477K, expenses of $618K, and assets of $570K (revenue -19.0% year-over-year).
2022: Revenue of $589K, expenses of $688K, and assets of $711K (revenue +3.6% year-over-year).
2021: Revenue of $568K, expenses of $554K, and assets of $809K (revenue +17.3% year-over-year).
2020: Revenue of $485K, expenses of $548K, and assets of $790K (revenue -15.9% year-over-year).
2019: Revenue of $577K, expenses of $479K, and assets of $883K (revenue +37.8% year-over-year).
2018: Revenue of $419K, expenses of $529K, and assets of $789K (revenue -8.0% year-over-year).
2017: Revenue of $455K, expenses of $584K, and assets of $900K (revenue +4.2% year-over-year).
2016: Revenue of $437K, expenses of $465K, and assets of $1.0M (revenue +3.5% year-over-year).
2015: Revenue of $422K, expenses of $336K, and assets of $1.0M (revenue -15.8% year-over-year).
2014: Revenue of $501K, expenses of $309K, and assets of $974K (revenue +40.1% year-over-year).
2013: Revenue of $358K, expenses of $291K, and assets of $772K (revenue +20.3% year-over-year).
2012: Revenue of $297K, expenses of $240K, and assets of $734K (revenue -27.7% year-over-year).
2010: Revenue of $411K, expenses of $191K, and assets of $540K.

Data Sources and Methodology

This transparency report for Mpeg Access 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.