Sequim Community Broadcasting
Sequim Community Broadcasting operates with consistent revenue, no officer compensation, but has faced recent operating deficits.
EIN: 202816387 · Sequim, WA · NTEE: A34 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $229K |
| Total Expenses | $227K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $230,000 |
| Net Assets | $281K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Sequim Community Broadcasting Form 990, Revenue, CEO Pay, and IRS Filing Signals
Sequim Community Broadcasting is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Sequim Community Broadcasting in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $207K and expenses of $227K.
Revenue and Expenses
Sequim Community Broadcasting reported $207K in revenue and $227K in expenses, a deficit of $20K.
Executive Compensation
Top officer compensation appears as $230,000 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Sequim Community Broadcasting Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $205K (90%) |
Across stored filings, Sequim Community Broadcasting shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Okanogan Regional Humane | Washington and Arts & Culture context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Sequim Community Broadcasting directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sequim Community Broadcasting
Sequim Community Broadcasting (EIN: 202816387) is a nonprofit organization based in Sequim, WA, classified under NTEE code A34. The organization reported total revenue of $229K and total assets of $485K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sequim Community Broadcasting's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sequim Community Broadcasting is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $227K |
| Surplus / Deficit | $-19,995 |
| Total Assets | $490K |
| Total Liabilities | $209K |
| Net Assets | $281K |
| Operating Margin | -9.6% |
| Debt-to-Asset Ratio | 42.6% |
| Months of Reserves | 25.9 months |
Financial Health Grade: B
In 2023, Sequim Community Broadcasting reported a deficit of $20K with expenses exceeding revenue, holds 25.9 months of operating reserves (strong position), has a debt-to-asset ratio of 42.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sequim Community Broadcasting's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +4.1% | -2.8% |
| 2022 | -2.6% | -0.6% | +17.8% |
| 2021 | +37.3% | +11.5% | -7.3% |
| 2020 | -22.9% | +12.9% | +3.5% |
| 2019 | +22.8% | +23.0% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Sequim Community Broadcasting 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: 90%
- fundraising: 0%
According to IRS 990 filings, Sequim Community Broadcasting 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 deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization with nearly $230,000 in annual revenue and suggests a volunteer-led executive team.
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 Sequim Community Broadcasting's IRS 990 filings:
- Consistent operating deficits in the last four reporting periods (e.g., 202312: Expenses $227,248 vs. Revenue $207,253).
- Significant increase in liabilities, reaching $208,732 in 202312 from much lower levels in prior years.
Strengths
The following positive indicators were identified for Sequim Community Broadcasting:
- Zero reported officer compensation across all filings, indicating highly efficient use of funds for mission.
- Consistent financial reporting with 13 IRS 990 filings, demonstrating transparency and compliance.
- Stable asset base, consistently around $400,000-$500,000 over the past decade.
- Strong program focus implied by NTEE code A34 and lack of executive compensation.
Frequently Asked Questions about Sequim Community Broadcasting
Is Sequim Community Broadcasting a legitimate charity?
Sequim Community Broadcasting (EIN: 202816387) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $229K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Sequim Community Broadcasting spend its money?
Sequim Community Broadcasting directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Sequim Community Broadcasting tax-deductible?
Sequim Community Broadcasting is registered as a tax-exempt nonprofit (EIN: 202816387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sequim Community Broadcasting CEO make?
Sequim Community Broadcasting's highest-compensated officer earns $230,000 annually. The organization reported $229K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Sequim Community Broadcasting compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sequim Community Broadcasting is above average for NTEE category A34 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sequim Community Broadcasting located?
Sequim Community Broadcasting is headquartered in Sequim, Washington and files with the IRS under EIN 202816387. It is classified under NTEE code A34.
How many years of IRS 990 filings does Sequim Community Broadcasting have?
Sequim Community Broadcasting 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 $229K in total revenue.
Is Sequim Community Broadcasting a good charity?
Based on the available data, Sequim Community Broadcasting appears to be a good charity, particularly due to its strong program focus, as evidenced by zero officer compensation, and consistent financial reporting. However, recent operating deficits should be monitored.
Why are expenses exceeding revenue in recent years?
In the last four reported periods (2020-2023), expenses have consistently exceeded revenue (e.g., 202312: Revenue $207,253, Expenses $227,248). This indicates the organization is either drawing down reserves or relying on other non-revenue income to cover its operational costs.
What is the significance of 0% officer compensation?
The 0% officer compensation across all filings is highly significant. It suggests that the organization's leadership is entirely volunteer-based, which can lead to very low administrative costs and a higher proportion of funds directly supporting program activities.
How stable are the organization's assets?
The organization's assets have been relatively stable, fluctuating around the $400,000 to $500,000 mark over the past decade, currently at $484,994. This indicates a solid financial foundation despite recent operating deficits.
Has the organization's debt increased recently?
Yes, the organization's liabilities have shown an increase, peaking at $208,732 in 202312, which is a substantial rise from previous years (e.g., $47,010 in 201912). This trend warrants further investigation.
Filing History
IRS 990 filing history for Sequim Community Broadcasting showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sequim Community Broadcasting's revenue has grown by 195.7%, moving from $70K to $207K. Total assets increased by 370.5% over the same period, from $104K to $490K. Total functional expenses rose by 166.6%, from $85K to $227K. In its most recent filing year (2023), Sequim Community Broadcasting reported a deficit of $20K, with expenses exceeding revenue. The organization holds $209K in liabilities against $490K in assets (debt-to-asset ratio: 42.6%), resulting in net assets of $281K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $207K | $227K | $490K | $209K | — | — |
| 2022 | $196K | $218K | $504K | $208K | — | — |
| 2021 | $202K | $220K | $428K | $102K | — | View 990 |
| 2020 | $147K | $197K | $462K | $113K | — | View 990 |
| 2019 | $191K | $174K | $446K | $47K | — | View 990 |
| 2018 | $155K | $142K | $462K | $74K | — | View 990 |
| 2017 | $185K | $136K | $440K | $65K | — | — |
| 2016 | $119K | $119K | $415K | $86K | — | View 990 |
| 2015 | $141K | $127K | $437K | $106K | — | View 990 |
| 2014 | $149K | $142K | $444K | $128K | — | View 990 |
| 2013 | $281K | $103K | $463K | $153K | — | View 990 |
| 2012 | $119K | $113K | $110K | $160K | — | View 990 |
| 2011 | $70K | $85K | $104K | $160K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $207K, expenses of $227K, and assets of $490K (revenue +5.6% year-over-year).
- 2022: Revenue of $196K, expenses of $218K, and assets of $504K (revenue -2.6% year-over-year).
- 2021: Revenue of $202K, expenses of $220K, and assets of $428K (revenue +37.3% year-over-year).
- 2020: Revenue of $147K, expenses of $197K, and assets of $462K (revenue -22.9% year-over-year).
- 2019: Revenue of $191K, expenses of $174K, and assets of $446K (revenue +22.8% year-over-year).
- 2018: Revenue of $155K, expenses of $142K, and assets of $462K (revenue -16.3% year-over-year).
- 2017: Revenue of $185K, expenses of $136K, and assets of $440K (revenue +56.4% year-over-year).
- 2016: Revenue of $119K, expenses of $119K, and assets of $415K (revenue -15.7% year-over-year).
- 2015: Revenue of $141K, expenses of $127K, and assets of $437K (revenue -5.4% year-over-year).
- 2014: Revenue of $149K, expenses of $142K, and assets of $444K (revenue -47.1% year-over-year).
- 2013: Revenue of $281K, expenses of $103K, and assets of $463K (revenue +136.0% year-over-year).
- 2012: Revenue of $119K, expenses of $113K, and assets of $110K (revenue +70.1% year-over-year).
- 2011: Revenue of $70K, expenses of $85K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sequim Community Broadcasting:
Data Sources and Methodology
This transparency report for Sequim Community Broadcasting 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.