Significant deficit in 2023 ($215,634 expenses vs. $154,173 revenue)
Declining asset base, particularly a sharp drop from $85,483 in 2022 to $24,022 in 2023
Strengths
Zero reported officer compensation across all filings, indicating strong volunteer leadership and efficient use of funds.
Consistent filing of IRS Form 990s, demonstrating transparency.
Low to no liabilities reported in most years, indicating fiscal responsibility.
Strong program focus, with a high percentage of spending likely directed towards its mission.
Spending Breakdown
How Piscataqua Maritime Commission Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Piscataqua Maritime Commission Inc
Is Piscataqua Maritime Commission Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Piscataqua Maritime Commission Inc (EIN: 20496393) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Piscataqua Maritime Commission Inc a good charity to donate to?
Piscataqua Maritime Commission Inc has a Mission Score of 85/100. Revenue: $164K. Assets: $73K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Piscataqua Maritime Commission Inc?
The Employer Identification Number (EIN) for Piscataqua Maritime Commission Inc is 20496393. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Piscataqua Maritime Commission Inc spend its money?
Piscataqua Maritime Commission Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Piscataqua Maritime Commission Inc's tax-exempt status?
You can verify Piscataqua Maritime Commission Inc's tax-exempt status using EIN 20496393 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Piscataqua Maritime Commission Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. The organization has maintained a lean operational structure, with no reported officer compensation across all available filings, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds. However, the organization has experienced some financial fluctuations, notably in 2023 where expenses significantly exceeded revenue ($215,634 in expenses vs. $154,173 in revenue), leading to a decrease in assets from $85,483 in 2022 to $24,022 in 2023. This trend warrants monitoring to ensure long-term sustainability.
The organization's financial health shows variability. While it has periods of revenue exceeding expenses (e.g., 2021 and 2022), the recent deficit in 2023 suggests a need for careful financial planning to avoid depleting its asset base. The absence of liabilities in most years is a positive sign of fiscal responsibility. The organization's transparency is high given the consistent filing of IRS Form 990s and the clear reporting of zero officer compensation, which simplifies the analysis of how funds are allocated.
Overall, Piscataqua Maritime Commission Inc appears to be a mission-focused organization with a strong volunteer ethos. Its spending efficiency is commendable due to the lack of executive compensation. However, recent financial performance indicates a potential challenge in balancing expenses with revenue, which could impact its future capacity to deliver programs if not addressed.