Near East Media
EIN: 471164106 · Virginia Bch, VA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Net Assets | $1.1M |
Is Near East Media Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Near East Media
Near East Media (EIN: 471164106) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code P20. The organization reported total revenue of $1.3M and total assets of $316K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Near East Media's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Near East Media is a mid-size nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 46.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-152,689 |
| Total Assets | $1.1M |
| Total Liabilities | $16K |
| Net Assets | $1.1M |
| Operating Margin | -13.2% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 10.0 months |
Financial Health Grade: B
In 2023, Near East Media reported a deficit of $153K with expenses exceeding revenue, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Near East Media's revenue has grown at a compound annual growth rate (CAGR) of 46.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.1% | +58.6% | -11.7% |
| 2022 | +104.3% | +46.0% | +140.5% |
| 2021 | +17.6% | +73.6% | +49.4% |
| 2020 | +580.1% | +304.1% | +1610.7% |
| 2019 | +9.8% | -14.2% | -20.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Near East Media 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 Near East Media 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 deficit of $153K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Near East Media
Is Near East Media a legitimate charity?
Near East Media (EIN: 471164106) is a registered tax-exempt nonprofit based in Virginia. It has 8 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Near East Media spend its money?
Near East Media reported $1.3M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Near East Media tax-deductible?
Near East Media is registered as a tax-exempt nonprofit (EIN: 471164106). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Near East Media located?
Near East Media is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 471164106. It is classified under NTEE code P20.
How many years of IRS 990 filings does Near East Media have?
Near East Media has 8 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Near East Media showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Near East Media's revenue has grown by 1323.7%, moving from $81K to $1.2M. Total assets increased by 5089.3% over the same period, from $21K to $1.1M. Total functional expenses rose by 916.8%, from $129K to $1.3M. In its most recent filing year (2023), Near East Media reported a deficit of $153K, with expenses exceeding revenue. The organization holds $16K in liabilities against $1.1M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $1.1M | $16K | — | — |
| 2022 | $1.5M | $827K | $1.2M | $8K | — | View 990 |
| 2021 | $757K | $566K | $513K | $8K | — | View 990 |
| 2020 | $644K | $326K | $343K | $30K | — | View 990 |
| 2019 | $95K | $81K | $20K | $127K | — | View 990 |
| 2018 | $86K | $94K | $25K | $147K | — | View 990 |
| 2017 | $78K | $154K | $4K | $117K | — | View 990 |
| 2016 | $81K | $129K | $21K | $59K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $1.1M (revenue -25.1% year-over-year).
- 2022: Revenue of $1.5M, expenses of $827K, and assets of $1.2M (revenue +104.3% year-over-year).
- 2021: Revenue of $757K, expenses of $566K, and assets of $513K (revenue +17.6% year-over-year).
- 2020: Revenue of $644K, expenses of $326K, and assets of $343K (revenue +580.1% year-over-year).
- 2019: Revenue of $95K, expenses of $81K, and assets of $20K (revenue +9.8% year-over-year).
- 2018: Revenue of $86K, expenses of $94K, and assets of $25K (revenue +10.0% year-over-year).
- 2017: Revenue of $78K, expenses of $154K, and assets of $4K (revenue -3.7% year-over-year).
- 2016: Revenue of $81K, expenses of $129K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Near East Media:
Data Sources and Methodology
This transparency report for Near East Media 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.