Sharon Community Television Inc
Sharon Community Television Inc: Stable Finances, Consistent Community Focus
EIN: 222542785 · Sharon, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $315K |
| Total Expenses | $318K |
| Program Spending | 75% |
| Net Assets | $612K |
| Transparency Score | 75/100 |
Is Sharon Community Television Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sharon Community Television Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sharon Community Television Inc
Sharon Community Television Inc (EIN: 222542785) is a nonprofit organization based in Sharon, MA. The organization reported total revenue of $315K and total assets of $603K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sharon Community Television Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sharon Community Television Inc is a small nonprofit that has been operating for 37 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 | $329K |
| Total Expenses | $318K |
| Surplus / Deficit | +$11K |
| Total Assets | $612K |
| Net Assets | $612K |
| Operating Margin | 3.4% |
| Months of Reserves | 23.1 months |
Financial Health Grade: A
In 2023, Sharon Community Television Inc reported a surplus of $11K with revenue exceeding expenses, holds 23.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sharon Community Television Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.3% | +6.0% | +1.8% |
| 2022 | +0.4% | +6.4% | +3.2% |
| 2021 | -5.9% | +6.8% | +6.5% |
| 2020 | -2.9% | -0.2% | +15.5% |
| 2019 | -5.1% | -11.7% | +21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Sharon Community Television Inc with a Mission Score of 75 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: 75%
- fundraising: 10%
According to IRS 990 filings, Sharon Community Television Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $11K, with revenue exceeding expenses.
Executive Compensation Analysis
Without specific compensation data for key employees from the filings, a detailed assessment of executive compensation is not possible; however, the overall expense structure appears consistent with a small community organization.
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.
Strengths
The following positive indicators were identified for Sharon Community Television Inc:
- Consistent revenue generation, averaging over $300,000 annually.
- Steady growth in assets from $299,491 in 2016 to $612,189 in 2023, indicating financial health.
- Low liability and debt, with 'l0' indicating no reported liabilities in the provided data.
- Long operational history with consistent financial reporting over many years.
Frequently Asked Questions about Sharon Community Television Inc
Is Sharon Community Television Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sharon Community Television Inc (EIN: 222542785) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Sharon Community Television Inc spend its money?
Sharon Community Television Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sharon Community Television Inc tax-deductible?
Sharon Community Television Inc is registered as a tax-exempt nonprofit (EIN: 222542785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sharon Community Television Inc's spending goes to programs?
Sharon Community Television Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Sharon Community Television Inc located?
Sharon Community Television Inc is headquartered in Sharon, Massachusetts and files with the IRS under EIN 222542785.
How many years of IRS 990 filings does Sharon Community Television Inc have?
Sharon Community Television 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 $315K in total revenue.
What does Sharon Community Television Inc do?
Sharon Community Television Inc is a nonprofit organization in the Unknown sector, located in Sharon, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Sharon Community Television Inc have?
Sharon Community Television Inc reported total revenue of $315,479. Based on 13 IRS 990 filings on record.
What are Sharon Community Television Inc's total assets?
Sharon Community Television Inc holds total assets of $602,950 as reported in IRS 990 filings.
Where is Sharon Community Television Inc located?
Sharon Community Television Inc is based in Sharon, Massachusetts.
What is Sharon Community Television Inc's EIN?
Sharon Community Television Inc's Employer Identification Number (EIN) is 222542785. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sharon Community Television Inc?
Sharon Community Television Inc is classified under NTEE code Unknown (Unknown).
Is Sharon Community Television Inc a registered 501(c)(3)?
Sharon Community Television Inc appears in IRS records (EIN: 222542785). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Sharon Community Television Inc file IRS Form 990?
Yes, Sharon Community Television Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Sharon Community Television Inc's revenue in 2023?
In the 202309 filing period, Sharon Community Television Inc reported total revenue of $329,361, total expenses of $318,253, and net assets of $612,189.
Is Sharon Community Television Inc's revenue growing or declining?
Sharon Community Television Inc's revenue is relatively stable. Revenue went from $318,768 (202209) to $329,361 (202309), a +3.3% change. Based on 13 filings on record.
What is Sharon Community Television Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Sharon Community Television Inc covers tax period 202309. It shows revenue of $329,361, expenses of $318,253, total assets of $612,189, and liabilities of N/A.
How much does Sharon Community Television Inc spend on programs vs administration?
Based on IRS 990 analysis, Sharon Community Television Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Sharon Community Television Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Sharon Community Television Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Sharon Community Television Inc's strengths?
Positive indicators for Sharon Community Television Inc include: Consistent revenue generation, averaging over $300,000 annually.. Steady growth in assets from $299,491 in 2016 to $612,189 in 2023, indicating financial health.. Low liability and debt, with 'l0' indicating no reported liabilities in the provided data.. Long operational history with consistent financial reporting over many years.. These findings are derived from AI analysis of the organization's financial filings.
How does Sharon Community Television Inc compensate executives?
Without specific compensation data for key employees from the filings, a detailed assessment of executive compensation is not possible; however, the overall expense structure appears consistent with a small community organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Sharon Community Television Inc managed to consistently grow its assets despite relatively stable revenue over the past seven years?
The consistent growth in assets, from $299,491 in 2016 to $612,189 in 2023, while revenue has remained relatively stable (e.g., $356,636 in 2016 vs. $329,361 in 2023), suggests effective expense management and potentially strategic investments or accumulation of retained earnings rather than significant new funding streams.
What is the significance of 'l0' and 'c0%' in the financial filings for Sharon Community Television Inc?
The 'l0' indicates zero reported liabilities, and 'c0%' suggests zero compensation for key employees or officers in the provided data points. While 'l0' is a strong positive indicator of financial stability, 'c0%' might imply that compensation details are not captured in this specific data format or are reported elsewhere in the full 990 forms.
Filing History
IRS 990 filing history for Sharon Community Television Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sharon Community Television Inc's revenue has grown by 12.5%, moving from $293K to $329K. Total assets increased by 391.8% over the same period, from $124K to $612K. Total functional expenses rose by 11.7%, from $285K to $318K. In its most recent filing year (2023), Sharon Community Television Inc reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $329K | $318K | $612K | $0 | — | — |
| 2022 | $319K | $300K | $601K | $0 | — | View 990 |
| 2021 | $318K | $282K | $583K | $0 | — | View 990 |
| 2020 | $338K | $264K | $547K | $0 | — | — |
| 2019 | $348K | $265K | $474K | $0 | — | View 990 |
| 2018 | $366K | $299K | $390K | $0 | — | View 990 |
| 2017 | $373K | $349K | $324K | $0 | — | View 990 |
| 2016 | $357K | $322K | $299K | $0 | — | View 990 |
| 2015 | $347K | $325K | $266K | $1K | — | View 990 |
| 2014 | $334K | $321K | $243K | $0 | — | View 990 |
| 2013 | $424K | $319K | $235K | $6K | — | View 990 |
| 2012 | $299K | $300K | $124K | $0 | — | View 990 |
| 2011 | $293K | $285K | $124K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $329K, expenses of $318K, and assets of $612K (revenue +3.3% year-over-year).
- 2022: Revenue of $319K, expenses of $300K, and assets of $601K (revenue +0.4% year-over-year).
- 2021: Revenue of $318K, expenses of $282K, and assets of $583K (revenue -5.9% year-over-year).
- 2020: Revenue of $338K, expenses of $264K, and assets of $547K (revenue -2.9% year-over-year).
- 2019: Revenue of $348K, expenses of $265K, and assets of $474K (revenue -5.1% year-over-year).
- 2018: Revenue of $366K, expenses of $299K, and assets of $390K (revenue -1.9% year-over-year).
- 2017: Revenue of $373K, expenses of $349K, and assets of $324K (revenue +4.7% year-over-year).
- 2016: Revenue of $357K, expenses of $322K, and assets of $299K (revenue +2.8% year-over-year).
- 2015: Revenue of $347K, expenses of $325K, and assets of $266K (revenue +3.8% year-over-year).
- 2014: Revenue of $334K, expenses of $321K, and assets of $243K (revenue -21.2% year-over-year).
- 2013: Revenue of $424K, expenses of $319K, and assets of $235K (revenue +41.8% year-over-year).
- 2012: Revenue of $299K, expenses of $300K, and assets of $124K (revenue +2.1% year-over-year).
- 2011: Revenue of $293K, expenses of $285K, and assets of $124K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sharon Community Television Inc:
Data Sources and Methodology
This transparency report for Sharon Community Television 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.