Shrewsbury Media Connection Inc
EIN: 831729833 · Shrewsbury, MA · NTEE: A30
| Metric | Value |
|---|---|
| Total Revenue | $566K |
| Total Expenses | $452K |
| Net Assets | $1.2M |
Is Shrewsbury Media Connection Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shrewsbury Media Connection Inc
Shrewsbury Media Connection Inc (EIN: 831729833) is a nonprofit organization based in Shrewsbury, MA, classified under NTEE code A30. The organization reported total revenue of $566K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shrewsbury Media Connection Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shrewsbury Media Connection Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $467K |
| Total Expenses | $452K |
| Surplus / Deficit | +$14K |
| Total Assets | $1.4M |
| Total Liabilities | $243K |
| Net Assets | $1.2M |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 17.4% |
| Months of Reserves | 37.1 months |
Financial Health Grade: A
In 2023, Shrewsbury Media Connection Inc reported a surplus of $14K with revenue exceeding expenses, holds 37.1 months of operating reserves (strong position), has a debt-to-asset ratio of 17.4% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Shrewsbury Media Connection Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.7% | -0.7% | +16.6% |
| 2022 | -9.5% | +7.0% | -9.5% |
| 2021 | -8.0% | -7.7% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shrewsbury Media Connection Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Shrewsbury Media Connection Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.4%.
Frequently Asked Questions about Shrewsbury Media Connection Inc
Is Shrewsbury Media Connection Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shrewsbury Media Connection Inc (EIN: 831729833) insufficient data. 0 red flags identified, 0 strengths noted.
How does Shrewsbury Media Connection Inc spend its money?
Detailed spending breakdown data is not yet available for Shrewsbury Media Connection Inc. Check back for updated IRS 990 analysis.
Are donations to Shrewsbury Media Connection Inc tax-deductible?
Shrewsbury Media Connection Inc is registered as a tax-exempt nonprofit (EIN: 831729833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shrewsbury Media Connection Inc located?
Shrewsbury Media Connection Inc is headquartered in Shrewsbury, Massachusetts and files with the IRS under EIN 831729833. It is classified under NTEE code A30.
How many years of IRS 990 filings does Shrewsbury Media Connection Inc have?
Shrewsbury Media Connection Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $566K in total revenue.
Filing History
IRS 990 filing history for Shrewsbury Media Connection Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Shrewsbury Media Connection Inc's revenue has grown by 3.8%, moving from $449K to $467K. Total assets decreased by 0.6% over the same period, from $1.4M to $1.4M. Total functional expenses fell by 1.9%, from $461K to $452K. In its most recent filing year (2023), Shrewsbury Media Connection Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $243K in liabilities against $1.4M in assets (debt-to-asset ratio: 17.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $467K | $452K | $1.4M | $243K | — | — |
| 2022 | $374K | $455K | $1.2M | $14K | — | View 990 |
| 2021 | $414K | $426K | $1.3M | $13K | — | View 990 |
| 2020 | $449K | $461K | $1.4M | $40K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $467K, expenses of $452K, and assets of $1.4M (revenue +24.7% year-over-year).
- 2022: Revenue of $374K, expenses of $455K, and assets of $1.2M (revenue -9.5% year-over-year).
- 2021: Revenue of $414K, expenses of $426K, and assets of $1.3M (revenue -8.0% year-over-year).
- 2020: Revenue of $449K, expenses of $461K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shrewsbury Media Connection Inc:
Data Sources and Methodology
This transparency report for Shrewsbury Media Connection 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.