Northeast Addison Television Incorporated
Northeast Addison Television Incorporated shows consistent financial growth and zero executive compensation over the past decade.
EIN: 10621878 · Bristol, VT · NTEE: A32 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $102K |
| Total Expenses | $92K |
| Program Spending | 90% |
| Net Assets | $191K |
| Transparency Score | 92/100 |
Is Northeast Addison Television Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northeast Addison Television Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northeast Addison Television Incorporated
Northeast Addison Television Incorporated (EIN: 10621878) is a nonprofit organization based in Bristol, VT, classified under NTEE code A32. The organization reported total revenue of $102K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Addison Television Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Addison Television Incorporated is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $92K |
| Surplus / Deficit | +$55K |
| Total Assets | $193K |
| Total Liabilities | $1K |
| Net Assets | $191K |
| Operating Margin | 37.5% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 25.3 months |
Financial Health Grade: A
In 2023, Northeast Addison Television Incorporated reported a surplus of $55K with revenue exceeding expenses, holds 25.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northeast Addison Television Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.9% | +11.5% | +41.1% |
| 2022 | +17.5% | -13.5% | +12.6% |
| 2021 | -15.1% | +6.0% | -3.6% |
| 2020 | -1.8% | +13.1% | +12.1% |
| 2019 | +33.3% | -7.7% | +35.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Northeast Addison Television Incorporated 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Northeast Addison Television Incorporated allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries, which is highly unusual for an organization of its size and suggests a volunteer-driven leadership model.
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 Northeast Addison Television Incorporated's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Northeast Addison Television Incorporated:
- Consistent revenue growth, from $63,764 in 2014 to $146,523 in 2023.
- Steady asset accumulation, increasing from $58,935 in 2014 to $192,804 in 2023.
- Zero officer compensation reported across all filings, indicating a strong commitment to mission and volunteer leadership.
- Consistent financial surpluses, with revenues generally exceeding expenses.
- Low liabilities relative to assets, indicating strong financial solvency.
Frequently Asked Questions about Northeast Addison Television Incorporated
Is Northeast Addison Television Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeast Addison Television Incorporated (EIN: 10621878) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Northeast Addison Television Incorporated spend its money?
Northeast Addison Television Incorporated directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northeast Addison Television Incorporated tax-deductible?
Northeast Addison Television Incorporated is registered as a tax-exempt nonprofit (EIN: 10621878). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Northeast Addison Television Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Northeast Addison Television Incorporated is above average for NTEE category A32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northeast Addison Television Incorporated located?
Northeast Addison Television Incorporated is headquartered in Bristol, Vermont and files with the IRS under EIN 10621878. It is classified under NTEE code A32.
How many years of IRS 990 filings does Northeast Addison Television Incorporated have?
Northeast Addison Television Incorporated 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 $102K in total revenue.
Is Northeast Addison Television Incorporated a good charity?
Based on the provided financial data, Northeast Addison Television Incorporated appears to be a good charity. It consistently generates surpluses, has growing assets, and reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Revenue has grown from $63,764 in 2014 to $146,523 in 2023, and assets have more than tripled from $58,935 to $192,804 over the same period, demonstrating consistent growth and stability.
What is the organization's approach to executive compensation?
Northeast Addison Television Incorporated has a unique approach to executive compensation, reporting 0% officer compensation in all available filings. This suggests a volunteer-led model where leadership is not financially compensated, allowing more resources to be directed to programs.
Filing History
IRS 990 filing history for Northeast Addison Television Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northeast Addison Television Incorporated's revenue has grown by 163.4%, moving from $56K to $147K. Total assets increased by 394% over the same period, from $39K to $193K. Total functional expenses rose by 59.9%, from $57K to $92K. In its most recent filing year (2023), Northeast Addison Television Incorporated reported a surplus of $55K, with revenue exceeding expenses. The organization holds $1K in liabilities against $193K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $191K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $92K | $193K | $1K | — | View 990 |
| 2022 | $102K | $82K | $137K | $1K | — | View 990 |
| 2021 | $87K | $95K | $121K | $1K | — | View 990 |
| 2020 | $102K | $90K | $126K | $1K | — | View 990 |
| 2019 | $104K | $79K | $112K | $1K | — | View 990 |
| 2018 | $78K | $86K | $83K | $1K | — | View 990 |
| 2017 | $87K | $78K | $93K | $2K | — | — |
| 2016 | $78K | $75K | $81K | $2K | — | View 990 |
| 2015 | $68K | $49K | $77K | $574 | — | View 990 |
| 2014 | $64K | $59K | $59K | $626 | — | View 990 |
| 2013 | $69K | $60K | $54K | $629 | — | View 990 |
| 2012 | $59K | $51K | $46K | $513 | — | View 990 |
| 2011 | $56K | $57K | $39K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $92K, and assets of $193K (revenue +43.9% year-over-year).
- 2022: Revenue of $102K, expenses of $82K, and assets of $137K (revenue +17.5% year-over-year).
- 2021: Revenue of $87K, expenses of $95K, and assets of $121K (revenue -15.1% year-over-year).
- 2020: Revenue of $102K, expenses of $90K, and assets of $126K (revenue -1.8% year-over-year).
- 2019: Revenue of $104K, expenses of $79K, and assets of $112K (revenue +33.3% year-over-year).
- 2018: Revenue of $78K, expenses of $86K, and assets of $83K (revenue -9.9% year-over-year).
- 2017: Revenue of $87K, expenses of $78K, and assets of $93K (revenue +10.8% year-over-year).
- 2016: Revenue of $78K, expenses of $75K, and assets of $81K (revenue +15.2% year-over-year).
- 2015: Revenue of $68K, expenses of $49K, and assets of $77K (revenue +6.4% year-over-year).
- 2014: Revenue of $64K, expenses of $59K, and assets of $59K (revenue -7.5% year-over-year).
- 2013: Revenue of $69K, expenses of $60K, and assets of $54K (revenue +17.0% year-over-year).
- 2012: Revenue of $59K, expenses of $51K, and assets of $46K (revenue +5.9% year-over-year).
- 2011: Revenue of $56K, expenses of $57K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Addison Television Incorporated:
Data Sources and Methodology
This transparency report for Northeast Addison Television Incorporated 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.