Newport Community Television Inc
Newport Community Television Inc consistently maintains financial stability with growing assets and no officer compensation.
EIN: 20461786 · Newport, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $112K |
| Program Spending | 90% |
| Net Assets | $343K |
| Transparency Score | 92/100 |
Is Newport Community Television Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newport Community Television Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newport Community Television Inc
Newport Community Television Inc (EIN: 20461786) is a nonprofit organization based in Newport, NH. The organization reported total revenue of $117K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newport Community Television Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newport Community Television Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $112K |
| Surplus / Deficit | +$10K |
| Total Assets | $343K |
| Net Assets | $343K |
| Operating Margin | 7.9% |
| Months of Reserves | 36.6 months |
Financial Health Grade: A
In 2024, Newport Community Television Inc reported a surplus of $10K with revenue exceeding expenses, holds 36.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Newport Community Television Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.2% | +9.8% | +2.9% |
| 2023 | +12.8% | +15.8% | +3.9% |
| 2022 | -16.2% | +11.1% | +4.4% |
| 2021 | +25.5% | -20.8% | +15.8% |
| 2020 | -0.8% | -15.3% | +47.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
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 Newport Community Television Inc with a Mission Score of 92 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: 90%
- fundraising: 3%
According to IRS 990 filings, Newport Community Television Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
Newport Community Television Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and suggests a volunteer-led executive structure.
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 Newport Community Television Inc:
- Consistent asset growth, from $217,219 in 2015 to $343,123 in 2024, indicating strong financial health.
- Zero reported officer compensation across all filings, suggesting high efficiency in directing funds to mission.
- Minimal to no liabilities reported, demonstrating excellent financial solvency and low risk.
- Consistent revenue surpluses in recent years (e.g., $122,017 revenue vs. $112,409 expenses in 2024), allowing for sustainable operations and growth.
- Long and consistent IRS 990 filing history (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Newport Community Television Inc
Is Newport Community Television Inc a legitimate charity?
Newport Community Television Inc (EIN: 20461786) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $117K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Newport Community Television Inc spend its money?
Newport Community Television Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Newport Community Television Inc tax-deductible?
Newport Community Television Inc is registered as a tax-exempt nonprofit (EIN: 20461786). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newport Community Television Inc's spending goes to programs?
Newport Community Television Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Newport Community Television Inc located?
Newport Community Television Inc is headquartered in Newport, New Hampshire and files with the IRS under EIN 20461786.
How many years of IRS 990 filings does Newport Community Television Inc have?
Newport Community Television Inc has 13 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 $117K in total revenue.
Is Newport Community Television Inc a good charity?
Based on the provided financial data, Newport Community Television Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, minimal liabilities, and a consistent surplus of revenue over expenses. The 0% officer compensation is a significant positive indicator of resources being directed towards its mission.
How does Newport Community Television Inc manage its finances?
The organization manages its finances prudently, consistently generating more revenue than expenses in most years, leading to asset growth from $217,219 in 2015 to $343,123 in 2024. They maintain virtually no liabilities, indicating excellent financial solvency and responsible stewardship.
What is the trend in Newport Community Television Inc's revenue and expenses?
Newport Community Television Inc has shown a generally upward trend in revenue, from $79,215 in 2015 to $122,017 in 2024. Expenses have also increased but generally at a slower rate, allowing for consistent surpluses and asset accumulation in recent years.
Filing History
IRS 990 filing history for Newport Community Television Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Newport Community Television Inc's revenue has grown by 70.5%, moving from $72K to $122K. Total assets increased by 118.3% over the same period, from $157K to $343K. Total functional expenses rose by 95.3%, from $58K to $112K. In its most recent filing year (2024), Newport Community Television Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $122K | $112K | $343K | $0 | — | — |
| 2023 | $115K | $102K | $334K | $0 | — | View 990 |
| 2022 | $102K | $88K | $321K | $0 | — | View 990 |
| 2021 | $122K | $80K | $308K | $0 | — | View 990 |
| 2020 | $97K | $100K | $266K | $0 | — | View 990 |
| 2019 | $98K | $119K | $180K | $0 | — | View 990 |
| 2018 | $103K | $86K | $253K | $3K | — | View 990 |
| 2017 | $104K | $76K | $309K | $0 | — | View 990 |
| 2016 | $92K | $69K | $241K | $3K | — | View 990 |
| 2015 | $79K | $58K | $217K | $2K | — | View 990 |
| 2014 | $78K | $57K | $195K | $1K | — | View 990 |
| 2013 | $76K | $57K | $176K | $3K | — | View 990 |
| 2012 | $72K | $58K | $157K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $122K, expenses of $112K, and assets of $343K (revenue +6.2% year-over-year).
- 2023: Revenue of $115K, expenses of $102K, and assets of $334K (revenue +12.8% year-over-year).
- 2022: Revenue of $102K, expenses of $88K, and assets of $321K (revenue -16.2% year-over-year).
- 2021: Revenue of $122K, expenses of $80K, and assets of $308K (revenue +25.5% year-over-year).
- 2020: Revenue of $97K, expenses of $100K, and assets of $266K (revenue -0.8% year-over-year).
- 2019: Revenue of $98K, expenses of $119K, and assets of $180K (revenue -5.3% year-over-year).
- 2018: Revenue of $103K, expenses of $86K, and assets of $253K (revenue -0.6% year-over-year).
- 2017: Revenue of $104K, expenses of $76K, and assets of $309K (revenue +12.9% year-over-year).
- 2016: Revenue of $92K, expenses of $69K, and assets of $241K (revenue +16.1% year-over-year).
- 2015: Revenue of $79K, expenses of $58K, and assets of $217K (revenue +1.9% year-over-year).
- 2014: Revenue of $78K, expenses of $57K, and assets of $195K (revenue +2.8% year-over-year).
- 2013: Revenue of $76K, expenses of $57K, and assets of $176K (revenue +5.6% year-over-year).
- 2012: Revenue of $72K, expenses of $58K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newport Community Television Inc:
Data Sources and Methodology
This transparency report for Newport 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.