Somerset Access Television Inc
Somerset Access Television Inc. shows volatile revenue and consistent expense overruns, but maintains zero liabilities and no executive compensation.
EIN: 201927237 · Fall River, MA · NTEE: A32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $318K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $403,608 |
| Net Assets | $256K |
| Transparency Score | 75/100 |
Is Somerset Access Television Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Somerset Access Television Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Somerset Access Television Inc
Somerset Access Television Inc (EIN: 201927237) is a nonprofit organization based in Fall River, MA, classified under NTEE code A32. The organization reported total revenue of $404K and total assets of $324K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Somerset Access Television Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Somerset Access Television Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $267K |
| Total Expenses | $318K |
| Surplus / Deficit | $-51,284 |
| Total Assets | $256K |
| Net Assets | $256K |
| Operating Margin | -19.2% |
| Months of Reserves | 9.7 months |
Financial Health Grade: B
In 2023, Somerset Access Television Inc reported a deficit of $51K with expenses exceeding revenue, holds 9.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Somerset Access Television Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70077.4% | -12.5% | +93.9% |
| 2021 | -99.9% | +6.3% | -73.3% |
| 2020 | +-0.0% | +18.8% | -3.8% |
| 2019 | -20.0% | +4.8% | +7.1% |
| 2018 | +28.9% | +20.6% | +36.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Somerset Access 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: 80%
- fundraising: 5%
According to IRS 990 filings, Somerset Access Television 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $51K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size (latest revenue $403,608).
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 Somerset Access Television Inc's IRS 990 filings:
- Highly volatile revenue streams (e.g., $380 in 2021)
- Consistent expense overruns relative to revenue in multiple periods (e.g., 2023, 2021, 2020)
- Declining asset base in recent years (from $514,952 in 2019 to $256,462 in 2023)
Strengths
The following positive indicators were identified for Somerset Access Television Inc:
- Zero liabilities reported across all filings, indicating excellent debt management.
- 0% officer compensation reported consistently, demonstrating strong commitment to mission over executive pay.
- Consistent filing of IRS 990 forms, indicating good transparency practices.
Frequently Asked Questions about Somerset Access Television Inc
Is Somerset Access Television Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Somerset Access Television Inc (EIN: 201927237) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Somerset Access Television Inc spend its money?
Somerset Access Television Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Somerset Access Television Inc tax-deductible?
Somerset Access Television Inc is registered as a tax-exempt nonprofit (EIN: 201927237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Somerset Access Television Inc CEO make?
Somerset Access Television Inc's highest-compensated officer earns $403,608 annually. The organization reported $404K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Somerset Access Television Inc's spending goes to programs?
Somerset Access Television Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Somerset Access Television Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Somerset Access Television Inc 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 Somerset Access Television Inc located?
Somerset Access Television Inc is headquartered in Fall River, Massachusetts and files with the IRS under EIN 201927237. It is classified under NTEE code A32.
How many years of IRS 990 filings does Somerset Access Television Inc have?
Somerset Access Television Inc has 12 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 $404K in total revenue.
Is Somerset Access Television Inc. a good charity?
Somerset Access Television Inc. exhibits strong financial transparency regarding executive compensation and debt management (zero liabilities). However, its financial stability is impacted by volatile revenue and frequent expense overruns, which could affect long-term program delivery.
Why did revenue drop so drastically in 2021?
The filing shows a severe drop in revenue from $322,007 in 2020 to $380 in 2021. This significant decrease warrants further investigation into the specific funding sources and operational changes during that period.
How does the organization cover its expenses when revenue is lower?
In periods where expenses exceed revenue (e.g., 2023: $317,958 expenses vs. $266,674 revenue), the organization likely draws from its accumulated assets. This is sustainable in the short term but could deplete reserves if it becomes a consistent pattern.
What is the trend in the organization's assets?
Assets have fluctuated significantly, peaking at $514,952 in 2019 and declining to $256,462 by 2023. This downward trend in recent years, coupled with expense overruns, suggests a potential draw on reserves.
Filing History
IRS 990 filing history for Somerset Access Television Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Somerset Access Television Inc's revenue has grown by 2.3%, moving from $261K to $267K. Total assets decreased by 18.6% over the same period, from $315K to $256K. Total functional expenses rose by 19%, from $267K to $318K. In its most recent filing year (2023), Somerset Access Television Inc reported a deficit of $51K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $267K | $318K | $256K | $0 | — | — |
| 2021 | $380 | $363K | $132K | $0 | — | View 990 |
| 2020 | $322K | $342K | $495K | $0 | — | View 990 |
| 2019 | $322K | $288K | $515K | $0 | — | View 990 |
| 2018 | $402K | $275K | $481K | $0 | — | View 990 |
| 2017 | $312K | $228K | $353K | $0 | — | View 990 |
| 2016 | $225K | $241K | $268K | $0 | — | View 990 |
| 2015 | $150K | $236K | $284K | $0 | — | View 990 |
| 2014 | $288K | $266K | $369K | $0 | — | View 990 |
| 2013 | $278K | $251K | $347K | $0 | — | View 990 |
| 2012 | $360K | $355K | $320K | $0 | — | View 990 |
| 2011 | $261K | $267K | $315K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $267K, expenses of $318K, and assets of $256K (revenue +70077.4% year-over-year).
- 2021: Revenue of $380, expenses of $363K, and assets of $132K (revenue -99.9% year-over-year).
- 2020: Revenue of $322K, expenses of $342K, and assets of $495K (revenue +-0.0% year-over-year).
- 2019: Revenue of $322K, expenses of $288K, and assets of $515K (revenue -20.0% year-over-year).
- 2018: Revenue of $402K, expenses of $275K, and assets of $481K (revenue +28.9% year-over-year).
- 2017: Revenue of $312K, expenses of $228K, and assets of $353K (revenue +38.7% year-over-year).
- 2016: Revenue of $225K, expenses of $241K, and assets of $268K (revenue +50.0% year-over-year).
- 2015: Revenue of $150K, expenses of $236K, and assets of $284K (revenue -47.9% year-over-year).
- 2014: Revenue of $288K, expenses of $266K, and assets of $369K (revenue +3.6% year-over-year).
- 2013: Revenue of $278K, expenses of $251K, and assets of $347K (revenue -22.7% year-over-year).
- 2012: Revenue of $360K, expenses of $355K, and assets of $320K (revenue +38.1% year-over-year).
- 2011: Revenue of $261K, expenses of $267K, and assets of $315K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Somerset Access Television Inc:
Data Sources and Methodology
This transparency report for Somerset Access 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.