Saco River Community Television
Saco River Community Television maintains stable operations with no executive compensation, despite recent minor deficits and declining assets.
EIN: 10537426 · Hollis Center, ME · NTEE: A32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $211K |
| Total Expenses | $219K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $189,776 |
| Net Assets | $239K |
| Transparency Score | 85/100 |
Is Saco River Community Television Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saco River Community Television directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saco River Community Television
Saco River Community Television (EIN: 10537426) is a nonprofit organization based in Hollis Center, ME, classified under NTEE code A32. The organization reported total revenue of $211K and total assets of $286K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saco River Community Television's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saco River Community Television is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $190K |
| Total Expenses | $219K |
| Surplus / Deficit | $-28,869 |
| Total Assets | $293K |
| Total Liabilities | $54K |
| Net Assets | $239K |
| Operating Margin | -15.2% |
| Debt-to-Asset Ratio | 18.4% |
| Months of Reserves | 16.1 months |
Financial Health Grade: B
In 2023, Saco River Community Television reported a deficit of $29K with expenses exceeding revenue, holds 16.1 months of operating reserves (strong position), has a debt-to-asset ratio of 18.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Saco River Community Television's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.0% | +9.2% | -11.9% |
| 2022 | +1.3% | +8.3% | -2.7% |
| 2021 | +7.5% | +1.1% | -1.6% |
| 2020 | +2.3% | -12.8% | -4.1% |
| 2019 | +5.4% | +51.3% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Saco River Community Television 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, Saco River Community Television 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 $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.4%.
Executive Compensation Analysis
Saco River Community Television consistently reports 0% officer compensation across all available filings, indicating that no portion of its revenue, which was $189,776 in 2023, is allocated to executive salaries. This is a strong positive for a small organization of its size, demonstrating a commitment to directing resources towards 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 Saco River Community Television's IRS 990 filings:
- Consistent minor operating deficits in recent years (e.g., 2023, 2022, 2019)
- Gradual decline in total assets over the past decade
Strengths
The following positive indicators were identified for Saco River Community Television:
- Zero officer compensation reported across all filings
- Significant reduction in liabilities over the past decade
- Consistent IRS 990 filing history demonstrating transparency
- Stable revenue generation over the long term
Frequently Asked Questions about Saco River Community Television
Is Saco River Community Television a legitimate charity?
Based on AI analysis of IRS 990 filings, Saco River Community Television (EIN: 10537426) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Saco River Community Television spend its money?
Saco River Community Television directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saco River Community Television tax-deductible?
Saco River Community Television is registered as a tax-exempt nonprofit (EIN: 10537426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Saco River Community Television CEO make?
Saco River Community Television's highest-compensated officer earns $189,776 annually. The organization reported $211K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Saco River Community Television's spending goes to programs?
Saco River Community Television directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Saco River Community Television compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Saco River Community Television 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 Saco River Community Television located?
Saco River Community Television is headquartered in Hollis Center, Maine and files with the IRS under EIN 10537426. It is classified under NTEE code A32.
How many years of IRS 990 filings does Saco River Community Television have?
Saco River Community Television 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 $211K in total revenue.
Is Saco River Community Television a good charity?
Based on the available IRS 990 data, Saco River Community Television appears to be a well-managed organization with a strong commitment to its mission. The consistent reporting of 0% officer compensation is a significant positive indicator of efficiency and dedication to program services. While there have been slight operating deficits in recent years (e.g., $218,645 expenses vs. $189,776 revenue in 2023), the organization maintains a healthy asset base relative to its liabilities.
How has Saco River Community Television's financial health changed over the past decade?
Over the past decade, Saco River Community Television has seen its assets decrease from $435,598 in 2014 to $292,914 in 2023. However, its liabilities have also significantly reduced from $126,253 to $54,006 during the same period. Revenues have shown a gradual increase from $146,335 in 2014 to $189,776 in 2023, generally keeping pace with expenses, though some recent years show minor deficits.
What is the organization's approach to executive compensation?
Saco River Community Television has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation in all available IRS 990 filings. This indicates that no salaries are paid to officers, ensuring that financial resources are maximized for program delivery and operational needs.
Filing History
IRS 990 filing history for Saco River Community Television showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Saco River Community Television's revenue has grown by 62.7%, moving from $117K to $190K. Total assets decreased by 26.4% over the same period, from $398K to $293K. Total functional expenses rose by 66%, from $132K to $219K. In its most recent filing year (2023), Saco River Community Television reported a deficit of $29K, with expenses exceeding revenue. The organization holds $54K in liabilities against $293K in assets (debt-to-asset ratio: 18.4%), resulting in net assets of $239K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $190K | $219K | $293K | $54K | — | View 990 |
| 2022 | $192K | $200K | $332K | $65K | — | View 990 |
| 2021 | $189K | $185K | $342K | $65K | — | View 990 |
| 2020 | $176K | $183K | $347K | $76K | — | View 990 |
| 2019 | $172K | $210K | $362K | $84K | — | View 990 |
| 2018 | $163K | $139K | $409K | $93K | — | View 990 |
| 2017 | $170K | $178K | $394K | $103K | — | View 990 |
| 2016 | $158K | $163K | $411K | $112K | — | View 990 |
| 2015 | $152K | $157K | $422K | $118K | — | View 990 |
| 2014 | $146K | $163K | $436K | $126K | — | View 990 |
| 2013 | $122K | $155K | $341K | $14K | — | View 990 |
| 2012 | $124K | $146K | $374K | $14K | — | View 990 |
| 2011 | $117K | $132K | $398K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $190K, expenses of $219K, and assets of $293K (revenue -1.0% year-over-year).
- 2022: Revenue of $192K, expenses of $200K, and assets of $332K (revenue +1.3% year-over-year).
- 2021: Revenue of $189K, expenses of $185K, and assets of $342K (revenue +7.5% year-over-year).
- 2020: Revenue of $176K, expenses of $183K, and assets of $347K (revenue +2.3% year-over-year).
- 2019: Revenue of $172K, expenses of $210K, and assets of $362K (revenue +5.4% year-over-year).
- 2018: Revenue of $163K, expenses of $139K, and assets of $409K (revenue -3.8% year-over-year).
- 2017: Revenue of $170K, expenses of $178K, and assets of $394K (revenue +7.2% year-over-year).
- 2016: Revenue of $158K, expenses of $163K, and assets of $411K (revenue +4.3% year-over-year).
- 2015: Revenue of $152K, expenses of $157K, and assets of $422K (revenue +3.7% year-over-year).
- 2014: Revenue of $146K, expenses of $163K, and assets of $436K (revenue +19.8% year-over-year).
- 2013: Revenue of $122K, expenses of $155K, and assets of $341K (revenue -1.7% year-over-year).
- 2012: Revenue of $124K, expenses of $146K, and assets of $374K (revenue +6.5% year-over-year).
- 2011: Revenue of $117K, expenses of $132K, and assets of $398K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saco River Community Television:
Data Sources and Methodology
This transparency report for Saco River Community Television 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.