North Attleboro Communitytelevision Inc
North Attleboro Communitytelevision Inc faces recent deficits despite strong asset base and no reported officer compensation.
EIN: 204249704 · N Attleboro, MA · NTEE: A33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $565K |
| Total Expenses | $647K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $646K |
| Transparency Score | 85/100 |
Is North Attleboro Communitytelevision Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Attleboro Communitytelevision Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Attleboro Communitytelevision Inc
North Attleboro Communitytelevision Inc (EIN: 204249704) is a nonprofit organization based in N Attleboro, MA, classified under NTEE code A33. The organization reported total revenue of $565K and total assets of $954K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Attleboro Communitytelevision Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Attleboro Communitytelevision Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). 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 | $546K |
| Total Expenses | $647K |
| Surplus / Deficit | $-100,826 |
| Total Assets | $1.0M |
| Total Liabilities | $394K |
| Net Assets | $646K |
| Operating Margin | -18.5% |
| Debt-to-Asset Ratio | 37.9% |
| Months of Reserves | 19.3 months |
Financial Health Grade: B
In 2023, North Attleboro Communitytelevision Inc reported a deficit of $101K with expenses exceeding revenue, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 37.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Attleboro Communitytelevision Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.2% | +4.2% | -11.0% |
| 2022 | -18.1% | -6.5% | +40.7% |
| 2021 | +5.5% | -2.2% | -6.3% |
| 2020 | -23.2% | +7.7% | +6.2% |
| 2019 | +46.5% | +5.8% | +39.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 North Attleboro Communitytelevision 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, North Attleboro Communitytelevision Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $101K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.9%.
Executive Compensation Analysis
North Attleboro Communitytelevision Inc consistently reports 0% officer compensation across all available filings, indicating that its officers are either uncompensated or compensated through other means not categorized as officer compensation, which is highly favorable for a nonprofit of its size with annual revenues exceeding $500,000.
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 Attleboro Communitytelevision Inc's IRS 990 filings:
- Expenses exceeding revenue in the last two fiscal periods (202207 and 202307), indicating deficit spending.
- Significant increase in liabilities from $32,165 in 202107 to $393,625 in 202307, which could signal new debt or obligations.
Strengths
The following positive indicators were identified for North Attleboro Communitytelevision Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating strong financial transparency and efficiency in executive pay.
- Maintains a healthy asset base (over $1 million in 202307) relative to annual expenses, providing financial stability.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about North Attleboro Communitytelevision Inc
Is North Attleboro Communitytelevision Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Attleboro Communitytelevision Inc (EIN: 204249704) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does North Attleboro Communitytelevision Inc spend its money?
North Attleboro Communitytelevision Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Attleboro Communitytelevision Inc tax-deductible?
North Attleboro Communitytelevision Inc is registered as a tax-exempt nonprofit (EIN: 204249704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the North Attleboro Communitytelevision Inc CEO make?
North Attleboro Communitytelevision Inc's highest-compensated officer earns $500,000. annually. The organization reported $565K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of North Attleboro Communitytelevision Inc's spending goes to programs?
North Attleboro Communitytelevision Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North Attleboro Communitytelevision Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), North Attleboro Communitytelevision Inc is above average for NTEE category A33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Attleboro Communitytelevision Inc located?
North Attleboro Communitytelevision Inc is headquartered in N Attleboro, Massachusetts and files with the IRS under EIN 204249704. It is classified under NTEE code A33.
How many years of IRS 990 filings does North Attleboro Communitytelevision Inc have?
North Attleboro Communitytelevision 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 $565K in total revenue.
Is North Attleboro Communitytelevision Inc experiencing financial instability due to recent deficits?
While the organization has reported expenses exceeding revenue in the last two periods (202307: -$100,826; 202207: -$51,162), its substantial asset base of $1,039,336 in 202307 suggests it has reserves to absorb these short-term deficits. However, a continued trend of deficit spending would be a concern.
How does North Attleboro Communitytelevision Inc manage its executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, indicating that its officers are not compensated directly through the organization, which is a strong positive for financial efficiency and transparency.
What is the trend in North Attleboro Communitytelevision Inc's assets and liabilities?
Assets have fluctuated, peaking at $1,167,701 in 202207 before decreasing to $1,039,336 in 202307. Liabilities have also varied, with a notable increase to $393,625 in 202307 from a low of $32,165 in 202107, which warrants further investigation.
Filing History
IRS 990 filing history for North Attleboro Communitytelevision Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Attleboro Communitytelevision Inc's revenue has grown by 13.3%, moving from $482K to $546K. Total assets increased by 136.5% over the same period, from $439K to $1.0M. Total functional expenses rose by 30.3%, from $496K to $647K. In its most recent filing year (2023), North Attleboro Communitytelevision Inc reported a deficit of $101K, with expenses exceeding revenue. The organization holds $394K in liabilities against $1.0M in assets (debt-to-asset ratio: 37.9%), resulting in net assets of $646K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $546K | $647K | $1.0M | $394K | — | — |
| 2022 | $570K | $621K | $1.2M | $421K | — | View 990 |
| 2021 | $695K | $664K | $830K | $32K | — | View 990 |
| 2020 | $659K | $679K | $886K | $119K | — | View 990 |
| 2019 | $859K | $630K | $834K | $48K | — | View 990 |
| 2018 | $586K | $596K | $598K | $40K | — | View 990 |
| 2017 | $669K | $571K | $606K | $38K | — | View 990 |
| 2016 | $585K | $586K | $522K | $53K | — | View 990 |
| 2015 | $580K | $529K | $514K | $44K | — | View 990 |
| 2014 | $557K | $541K | $452K | $33K | — | View 990 |
| 2013 | $540K | $546K | $438K | $35K | — | View 990 |
| 2012 | $507K | $523K | $428K | $19K | — | View 990 |
| 2011 | $482K | $496K | $439K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $546K, expenses of $647K, and assets of $1.0M (revenue -4.2% year-over-year).
- 2022: Revenue of $570K, expenses of $621K, and assets of $1.2M (revenue -18.1% year-over-year).
- 2021: Revenue of $695K, expenses of $664K, and assets of $830K (revenue +5.5% year-over-year).
- 2020: Revenue of $659K, expenses of $679K, and assets of $886K (revenue -23.2% year-over-year).
- 2019: Revenue of $859K, expenses of $630K, and assets of $834K (revenue +46.5% year-over-year).
- 2018: Revenue of $586K, expenses of $596K, and assets of $598K (revenue -12.4% year-over-year).
- 2017: Revenue of $669K, expenses of $571K, and assets of $606K (revenue +14.4% year-over-year).
- 2016: Revenue of $585K, expenses of $586K, and assets of $522K (revenue +0.8% year-over-year).
- 2015: Revenue of $580K, expenses of $529K, and assets of $514K (revenue +4.2% year-over-year).
- 2014: Revenue of $557K, expenses of $541K, and assets of $452K (revenue +3.1% year-over-year).
- 2013: Revenue of $540K, expenses of $546K, and assets of $438K (revenue +6.6% year-over-year).
- 2012: Revenue of $507K, expenses of $523K, and assets of $428K (revenue +5.1% year-over-year).
- 2011: Revenue of $482K, expenses of $496K, and assets of $439K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Attleboro Communitytelevision Inc:
Data Sources and Methodology
This transparency report for North Attleboro Communitytelevision 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.