Somerville Community Access Television Inc
Somerville Community Access Television: Strong Financials, High Program Spending
EIN: 222506464 · Somerville, MA · NTEE: A32Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $492K |
| Program Spending | 80% |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Somerville Community Access Television Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Somerville Community Access Television Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Somerville Community Access Television Inc
Somerville Community Access Television Inc (EIN: 222506464) is a nonprofit organization based in Somerville, MA, classified under NTEE code A32Z. The organization reported total revenue of $1.8M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Somerville Community Access Television Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Somerville Community Access Television Inc is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $849K |
| Total Expenses | $492K |
| Surplus / Deficit | +$356K |
| Total Assets | $1.5M |
| Total Liabilities | $21K |
| Net Assets | $1.5M |
| Operating Margin | 42.0% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 37.8 months |
Financial Health Grade: A
In 2023, Somerville Community Access Television Inc reported a surplus of $356K with revenue exceeding expenses, holds 37.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Somerville Community Access Television Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.5% | +19.0% | +35.3% |
| 2022 | -12.8% | -22.8% | -0.9% |
| 2021 | +12.9% | +9.9% | +5.4% |
| 2020 | +18.1% | -6.3% | +2.3% |
| 2019 | -5.9% | -5.7% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Somerville Community Access Television Inc 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: 80%
- fundraising: 10%
According to IRS 990 filings, Somerville Community Access Television Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 surplus of $356K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Somerville Community Access Television Inc:
- Consistently strong revenue growth, with a significant jump from $494,763 in 2022 to $1,841,081 in 2023.
- Healthy asset base, growing from $1,144,555 in 2022 to $2,972,200 in 2023, indicating financial stability.
- Low liabilities relative to assets across all reported years, suggesting good financial management.
Frequently Asked Questions about Somerville Community Access Television Inc
Is Somerville Community Access Television Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Somerville Community Access Television Inc (EIN: 222506464) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Somerville Community Access Television Inc spend its money?
Somerville Community Access Television Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Somerville Community Access Television Inc tax-deductible?
Somerville Community Access Television Inc is registered as a tax-exempt nonprofit (EIN: 222506464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Somerville Community Access Television Inc's spending goes to programs?
Somerville Community Access Television Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Somerville Community Access Television Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Somerville Community Access Television Inc is above average for NTEE category A32Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Somerville Community Access Television Inc located?
Somerville Community Access Television Inc is headquartered in Somerville, Massachusetts and files with the IRS under EIN 222506464. It is classified under NTEE code A32Z.
How many years of IRS 990 filings does Somerville Community Access Television Inc have?
Somerville Community Access 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 $1.8M in total revenue.
What does Somerville Community Access Television Inc do?
Somerville Community Access Television Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Somerville, Massachusetts. It is classified under NTEE code A32Z.
How much revenue does Somerville Community Access Television Inc have?
Somerville Community Access Television Inc reported total revenue of $1,841,081. Based on 13 IRS 990 filings on record.
What are Somerville Community Access Television Inc's total assets?
Somerville Community Access Television Inc holds total assets of $2,972,200 as reported in IRS 990 filings.
Where is Somerville Community Access Television Inc located?
Somerville Community Access Television Inc is based in Somerville, Massachusetts.
What is Somerville Community Access Television Inc's EIN?
Somerville Community Access Television Inc's Employer Identification Number (EIN) is 222506464. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Somerville Community Access Television Inc?
Somerville Community Access Television Inc is classified under NTEE code A32Z (Arts, Culture & Humanities).
Is Somerville Community Access Television Inc a registered 501(c)(3)?
Yes, Somerville Community Access Television Inc is recognized as a tax-exempt organization by the IRS. EIN: 222506464.
Does Somerville Community Access Television Inc file IRS Form 990?
Yes, Somerville Community Access Television Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Somerville Community Access Television Inc's revenue in 2023?
In the 202312 filing period, Somerville Community Access Television Inc reported total revenue of $848,656, total expenses of $492,291, and net assets of $1,548,841.
Is Somerville Community Access Television Inc's revenue growing or declining?
Somerville Community Access Television Inc's revenue is growing. Revenue went from $494,763 (202212) to $848,656 (202312), a +71.5% change. Based on 13 filings on record.
What is Somerville Community Access Television Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Somerville Community Access Television Inc covers tax period 202312. It shows revenue of $848,656, expenses of $492,291, total assets of $1,548,841, and liabilities of $21,306.
How much does Somerville Community Access Television Inc spend on programs vs administration?
Based on IRS 990 analysis, Somerville Community Access Television Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Somerville Community Access Television Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Somerville Community Access Television Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Somerville Community Access Television Inc's strengths?
Positive indicators for Somerville Community Access Television Inc include: Consistently strong revenue growth, with a significant jump from $494,763 in 2022 to $1,841,081 in 2023.. Healthy asset base, growing from $1,144,555 in 2022 to $2,972,200 in 2023, indicating financial stability.. Low liabilities relative to assets across all reported years, suggesting good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Somerville Community Access Television Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the substantial increase in revenue and assets in 2023?
The revenue surged from $494,763 in 2022 to $1,841,081 in 2023, and assets increased from $1,144,555 to $2,972,200 in the same period. This significant growth could be due to a major grant, a successful fundraising campaign, or a new revenue stream, which would require further investigation of their 990 forms.
Filing History
IRS 990 filing history for Somerville Community Access Television Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Somerville Community Access Television Inc's revenue has grown by 99.9%, moving from $425K to $849K. Total assets increased by 46.3% over the same period, from $1.1M to $1.5M. Total functional expenses rose by 46.4%, from $336K to $492K. In its most recent filing year (2023), Somerville Community Access Television Inc reported a surplus of $356K, with revenue exceeding expenses. The organization holds $21K in liabilities against $1.5M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $849K | $492K | $1.5M | $21K | — | — |
| 2022 | $495K | $414K | $1.1M | $9K | — | View 990 |
| 2021 | $567K | $536K | $1.2M | $12K | — | View 990 |
| 2020 | $503K | $488K | $1.1M | $17K | — | View 990 |
| 2019 | $426K | $521K | $1.1M | $22K | — | View 990 |
| 2018 | $452K | $552K | $1.1M | $20K | — | View 990 |
| 2017 | $456K | $579K | $1.2M | $25K | — | — |
| 2016 | $526K | $566K | $1.3M | $27K | — | View 990 |
| 2015 | $503K | $486K | $1.3M | $18K | — | View 990 |
| 2014 | $536K | $462K | $1.4M | $48K | — | View 990 |
| 2013 | $567K | $464K | $1.3M | $11K | — | View 990 |
| 2012 | $573K | $500K | $1.2M | $18K | — | View 990 |
| 2011 | $425K | $336K | $1.1M | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $849K, expenses of $492K, and assets of $1.5M (revenue +71.5% year-over-year).
- 2022: Revenue of $495K, expenses of $414K, and assets of $1.1M (revenue -12.8% year-over-year).
- 2021: Revenue of $567K, expenses of $536K, and assets of $1.2M (revenue +12.9% year-over-year).
- 2020: Revenue of $503K, expenses of $488K, and assets of $1.1M (revenue +18.1% year-over-year).
- 2019: Revenue of $426K, expenses of $521K, and assets of $1.1M (revenue -5.9% year-over-year).
- 2018: Revenue of $452K, expenses of $552K, and assets of $1.1M (revenue -0.8% year-over-year).
- 2017: Revenue of $456K, expenses of $579K, and assets of $1.2M (revenue -13.3% year-over-year).
- 2016: Revenue of $526K, expenses of $566K, and assets of $1.3M (revenue +4.6% year-over-year).
- 2015: Revenue of $503K, expenses of $486K, and assets of $1.3M (revenue -6.3% year-over-year).
- 2014: Revenue of $536K, expenses of $462K, and assets of $1.4M (revenue -5.5% year-over-year).
- 2013: Revenue of $567K, expenses of $464K, and assets of $1.3M (revenue -1.0% year-over-year).
- 2012: Revenue of $573K, expenses of $500K, and assets of $1.2M (revenue +35.0% year-over-year).
- 2011: Revenue of $425K, expenses of $336K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Somerville Community Access Television Inc:
Data Sources and Methodology
This transparency report for Somerville Community 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.