North Andover Community Access And Media Inc
North Andover Community Access And Media Inc maintains strong assets with no reported officer compensation, despite a recent increase in liabilities.
EIN: 200628638 · North Andover, MA · NTEE: A32 · Updated: 2026-03-28
Is North Andover Community Access And Media Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Andover Community Access And Media Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Andover Community Access And Media Inc
North Andover Community Access And Media Inc (EIN: 200628638) is a nonprofit organization based in North Andover, MA, classified under NTEE code A32. The organization reported total revenue of $491K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Andover Community Access And Media 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 North Andover Community Access And Media Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, North Andover Community Access And Media 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 consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly favorable for directing resources to its mission.
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 North Andover Community Access And Media Inc's IRS 990 filings:
- Significant increase in liabilities from $30,631 in 2021 to $771,182 in 2023, requiring further clarification.
- Slight deficit in 2023 where expenses ($527,490) exceeded revenue ($520,286).
Strengths
The following positive indicators were identified for North Andover Community Access And Media Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds.
- Strong asset base, with assets ($2,314,361 in 2023) consistently exceeding liabilities.
- Generally positive revenue-to-expense ratio in most recent years (2019-2022), indicating financial stability.
Frequently Asked Questions about North Andover Community Access And Media Inc
Is North Andover Community Access And Media Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Andover Community Access And Media Inc (EIN: 200628638) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does North Andover Community Access And Media Inc spend its money?
North Andover Community Access And Media Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Andover Community Access And Media Inc tax-deductible?
North Andover Community Access And Media Inc is registered as a tax-exempt nonprofit (EIN: 200628638). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in liabilities from $30,631 in 2021 to $771,182 in 2023?
The provided data does not specify the nature of this increase, but it is a substantial change that would typically be detailed in the organization's financial statements or notes to the 990.
How does the organization sustain its operations without officer compensation?
The organization likely relies on volunteer leadership or compensates key personnel through other means not classified as 'officer compensation' on the 990, or has a highly efficient operational model.
What is the primary source of the organization's revenue?
The provided data only gives total revenue figures; specific sources (e.g., grants, contributions, program service revenue) are not detailed here but would be in the full 990.
Filing History
IRS 990 filing history for North Andover Community Access And Media Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Andover Community Access And Media Inc's revenue has grown by 35.9%, moving from $383K to $520K. Total assets increased by 212.9% over the same period, from $740K to $2.3M. Total functional expenses rose by 109.8%, from $251K to $527K. In its most recent filing year (2023), North Andover Community Access And Media Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $771K in liabilities against $2.3M in assets (debt-to-asset ratio: 33.3%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $520K | $527K | $2.3M | $771K | — | — |
| 2022 | $538K | $492K | $2.4M | $802K | — | View 990 |
| 2021 | $543K | $500K | $1.5M | $31K | — | View 990 |
| 2020 | $551K | $484K | $1.5M | $26K | — | — |
| 2019 | $600K | $502K | $1.4M | $24K | — | View 990 |
| 2018 | $497K | $448K | $1.5M | $179K | — | View 990 |
| 2017 | $411K | $362K | $1.3M | $4K | — | View 990 |
| 2016 | $396K | $338K | $1.2M | $14K | — | View 990 |
| 2015 | $383K | $317K | $1.2M | $19K | — | View 990 |
| 2014 | $525K | $286K | $1.1M | $46K | — | View 990 |
| 2013 | $330K | $297K | $851K | $13K | — | View 990 |
| 2012 | $321K | $246K | $875K | $71K | — | View 990 |
| 2011 | $383K | $251K | $740K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $520K, expenses of $527K, and assets of $2.3M (revenue -3.3% year-over-year).
- 2022: Revenue of $538K, expenses of $492K, and assets of $2.4M (revenue -0.9% year-over-year).
- 2021: Revenue of $543K, expenses of $500K, and assets of $1.5M (revenue -1.6% year-over-year).
- 2020: Revenue of $551K, expenses of $484K, and assets of $1.5M (revenue -8.1% year-over-year).
- 2019: Revenue of $600K, expenses of $502K, and assets of $1.4M (revenue +20.8% year-over-year).
- 2018: Revenue of $497K, expenses of $448K, and assets of $1.5M (revenue +20.7% year-over-year).
- 2017: Revenue of $411K, expenses of $362K, and assets of $1.3M (revenue +3.9% year-over-year).
- 2016: Revenue of $396K, expenses of $338K, and assets of $1.2M (revenue +3.5% year-over-year).
- 2015: Revenue of $383K, expenses of $317K, and assets of $1.2M (revenue -27.1% year-over-year).
- 2014: Revenue of $525K, expenses of $286K, and assets of $1.1M (revenue +58.9% year-over-year).
- 2013: Revenue of $330K, expenses of $297K, and assets of $851K (revenue +2.8% year-over-year).
- 2012: Revenue of $321K, expenses of $246K, and assets of $875K (revenue -16.1% year-over-year).
- 2011: Revenue of $383K, expenses of $251K, and assets of $740K.
Data Sources and Methodology
This transparency report for North Andover Community Access And Media 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.