Northern Broadcast Ministries Inc

Northern Broadcast Ministries Inc. faces declining assets due to consistent operating deficits in recent years.

EIN: 10479263 · Caribou, ME · Updated: 2026-03-28

$109KRevenue

$67KAssets

65/100Mission Score (Good)

About Northern Broadcast Ministries Inc

Northern Broadcast Ministries Inc (EIN: 10479263) is a nonprofit organization based in Caribou, ME. The organization reported total revenue of $109K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Broadcast Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Northern Broadcast Ministries Inc. demonstrates consistent financial activity, with annual revenues generally hovering around $100,000-$120,000. The organization has experienced a decline in assets over the past few years, from a high of $140,780 in 2017 to $74,236 in 2023, indicating that expenses have frequently outpaced revenue. For instance, in 2023, expenses were $132,268 against revenues of $120,832, and in 2022, expenses were $128,260 against revenues of $103,073. This trend of operating at a deficit in recent years suggests potential long-term sustainability challenges if not addressed.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available. A notable strength is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, potentially indicating a high dedication to mission over personal gain. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency between program, administrative, and fundraising costs. The consistent liabilities being very low (often under $1,000) indicates good short-term financial management regarding debt.

Overall, while the organization maintains a strong record of transparency through its filings and shows a commitment to minimizing executive compensation, its recent trend of spending more than it earns warrants closer attention. The declining asset base is a key indicator of financial strain that could impact its future operational capacity. Further detail on expense allocation would provide a clearer picture of its spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northern Broadcast Ministries Inc with a Mission Score of 65 out of 100 (Good). 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, Northern Broadcast Ministries 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 reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through non-officer categories, which is highly commendable for an organization of its size.

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 Northern Broadcast Ministries Inc's IRS 990 filings:

Consistent operating deficits in recent years (e.g., 2023: $120,832 revenue vs. $132,268 expenses; 2022: $103,073 revenue vs. $128,260 expenses).
Declining asset base over the past several years, from $140,780 in 2017 to $74,236 in 2023.

Strengths

The following positive indicators were identified for Northern Broadcast Ministries Inc:

Consistent IRS 990 filing history (14 filings), indicating good transparency.
Reported 0% officer compensation across all available filings, suggesting volunteer leadership or highly efficient compensation practices.
Very low liabilities consistently reported (often under $1,000), indicating sound short-term debt management.

Frequently Asked Questions about Northern Broadcast Ministries Inc

Why have expenses consistently exceeded revenue in recent years?

In 2023, expenses were $132,268 while revenue was $120,832. Similarly, in 2022, expenses were $128,260 against $103,073 in revenue. This trend has led to a decline in assets from $140,780 in 2017 to $74,236 in 2023.

What is the specific breakdown of program, administrative, and fundraising expenses?

The provided data only shows total expenses. Without a detailed breakdown from the 990 forms, it's not possible to provide exact percentages for program, administrative, and fundraising spending.

How does the organization plan to address its declining asset base?

The organization's assets have decreased from $140,780 in 2017 to $74,236 in 2023. The filings do not provide specific plans to reverse this trend or increase revenue relative to expenses.

Filing History

IRS 990 filing history for Northern Broadcast Ministries Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Northern Broadcast Ministries Inc's revenue has declined by 22%, moving from $155K to $121K. Total assets increased by 14.1% over the same period, from $65K to $74K. Total functional expenses fell by 16.9%, from $159K to $132K. In its most recent filing year (2023), Northern Broadcast Ministries Inc reported a deficit of $11K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$121K	$132K	$74K	$0	—	—
2022	$103K	$128K	$86K	$0	—	View 990
2021	$125K	$113K	$112K	$1K	—	View 990
2020	$112K	$125K	$100K	$741	—	View 990
2019	$100K	$110K	$113K	$770	—	View 990
2018	$102K	$119K	$123K	$637	—	View 990
2017	$121K	$119K	$141K	$935	—	View 990
2016	$119K	$114K	$139K	$915	—	View 990
2015	$150K	$122K	$133K	$654	—	View 990
2014	$125K	$106K	$102K	$805	—	View 990
2013	$135K	$121K	$85K	$647	—	View 990
2012	$134K	$130K	$71K	$778	—	View 990
2011	$162K	$160K	$67K	$1K	—	View 990
2010	$155K	$159K	$65K	$2K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $121K, expenses of $132K, and assets of $74K (revenue +17.2% year-over-year).
2022: Revenue of $103K, expenses of $128K, and assets of $86K (revenue -17.5% year-over-year).
2021: Revenue of $125K, expenses of $113K, and assets of $112K (revenue +11.6% year-over-year).
2020: Revenue of $112K, expenses of $125K, and assets of $100K (revenue +12.2% year-over-year).
2019: Revenue of $100K, expenses of $110K, and assets of $113K (revenue -2.4% year-over-year).
2018: Revenue of $102K, expenses of $119K, and assets of $123K (revenue -15.3% year-over-year).
2017: Revenue of $121K, expenses of $119K, and assets of $141K (revenue +0.9% year-over-year).
2016: Revenue of $119K, expenses of $114K, and assets of $139K (revenue -20.4% year-over-year).
2015: Revenue of $150K, expenses of $122K, and assets of $133K (revenue +19.6% year-over-year).
2014: Revenue of $125K, expenses of $106K, and assets of $102K (revenue -6.9% year-over-year).
2013: Revenue of $135K, expenses of $121K, and assets of $85K (revenue +0.3% year-over-year).
2012: Revenue of $134K, expenses of $130K, and assets of $71K (revenue -17.1% year-over-year).
2011: Revenue of $162K, expenses of $160K, and assets of $67K (revenue +4.6% year-over-year).
2010: Revenue of $155K, expenses of $159K, and assets of $65K.

Data Sources and Methodology

This transparency report for Northern Broadcast Ministries 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.