171 Watson Road Of Dover Holding Corporation
Holding Corporation reports zero expenses in multiple years despite consistent revenue, raising questions about operational transparency.
EIN: 200672817 · Portsmouth, NH · NTEE: B19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.5M |
| Program Spending | 100% |
| Net Assets | $19.2M |
| Transparency Score | 40/100 |
Is 171 Watson Road Of Dover Holding Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
171 Watson Road Of Dover Holding Corporation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 171 Watson Road Of Dover Holding Corporation
171 Watson Road Of Dover Holding Corporation (EIN: 200672817) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code B19. The organization reported total revenue of $16.5M and total assets of $21.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 171 Watson Road Of Dover Holding Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
171 Watson Road Of Dover Holding Corporation is a large nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $0 |
| Surplus / Deficit | +$2.2M |
| Total Assets | $19.3M |
| Total Liabilities | $133K |
| Net Assets | $19.2M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.7% |
Financial Health Grade: A
In 2021, 171 Watson Road Of Dover Holding Corporation reported a surplus of $2.2M with revenue exceeding expenses, has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), 171 Watson Road Of Dover Holding Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +1.0% | -100.0% | +13.1% |
| 2020 | +0.5% | -29.5% | +10.2% |
| 2019 | +3.9% | +28.4% | -79.7% |
| 2018 | -2.5% | -2.9% | +2.0% |
| 2017 | +1.2% | +1.7% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 171 Watson Road Of Dover Holding Corporation with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, 171 Watson Road Of Dover Holding Corporation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating no salaries paid to officers, which is highly unusual for an organization with millions in revenue and assets.
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 171 Watson Road Of Dover Holding Corporation's IRS 990 filings:
- Consistent reporting of $0 expenses in multiple years despite significant revenue (e.g., 202106, 201406, 201306, 201206).
- Dramatic decrease in assets from $76,359,771 in 201806 to $19,322,132 in 202106 without clear explanation.
- Zero officer compensation reported across all filings, which is unusual for an organization managing millions in assets and revenue.
Strengths
The following positive indicators were identified for 171 Watson Road Of Dover Holding Corporation:
- No reported officer compensation, indicating a potentially volunteer-led or highly efficient management structure.
- Consistent revenue generation over the years, demonstrating financial stability in income streams.
Frequently Asked Questions about 171 Watson Road Of Dover Holding Corporation
Is 171 Watson Road Of Dover Holding Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, 171 Watson Road Of Dover Holding Corporation (EIN: 200672817) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does 171 Watson Road Of Dover Holding Corporation spend its money?
171 Watson Road Of Dover Holding Corporation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 171 Watson Road Of Dover Holding Corporation tax-deductible?
171 Watson Road Of Dover Holding Corporation is registered as a tax-exempt nonprofit (EIN: 200672817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does 171 Watson Road Of Dover Holding Corporation compare to similar nonprofits?
With a transparency score of 40/100 (Fair), 171 Watson Road Of Dover Holding Corporation is near average for NTEE category B19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 171 Watson Road Of Dover Holding Corporation located?
171 Watson Road Of Dover Holding Corporation is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 200672817. It is classified under NTEE code B19.
How many years of IRS 990 filings does 171 Watson Road Of Dover Holding Corporation have?
171 Watson Road Of Dover Holding Corporation has 11 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 $16.5M in total revenue.
Why does 171 Watson Road Of Dover Holding Corporation report $0 in expenses for multiple years (e.g., 202106, 201406, 201306, 201206) despite significant revenue?
The consistent reporting of $0 expenses is highly unusual for an organization with millions in revenue and assets. This could indicate that expenses are being absorbed by a related entity, are not being reported accurately, or that the organization's primary function is passive asset holding without direct operational costs, which would require further clarification.
What caused the significant decrease in assets from $76,359,771 in 201806 to $19,322,132 in 202106?
This substantial drop in assets over a few years suggests a major divestment, transfer of assets, or significant losses. Without more detailed financial statements, the specific reasons for this change are unclear and warrant further investigation.
Given the NTEE code B19 (Housing Development, Construction & Management), how does the organization achieve its mission with $0 reported expenses in several periods?
If the organization is actively involved in housing development or management, it would typically incur significant operational expenses. The $0 expense reporting suggests that these activities might be outsourced, funded by a parent organization, or that the organization's role is purely financial holding without direct program execution, which would need to be clarified to understand its impact.
Filing History
IRS 990 filing history for 171 Watson Road Of Dover Holding Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), 171 Watson Road Of Dover Holding Corporation's revenue has grown by 100%, moving from $1.1M to $2.2M. Total assets decreased by 70.8% over the same period, from $66.1M to $19.3M. Total functional expenses fell by 100%, from $324K to $0. The organization holds $133K in liabilities against $19.3M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $19.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $2.2M | $0 | $19.3M | $133K | — | View 990 |
| 2020 | $2.2M | $667K | $17.1M | $133K | — | View 990 |
| 2019 | $2.2M | $946K | $15.5M | $88K | — | View 990 |
| 2018 | $2.1M | $736K | $76.4M | $64.2M | — | View 990 |
| 2017 | $2.2M | $759K | $74.9M | $64.1M | — | View 990 |
| 2016 | $2.1M | $746K | $73.2M | $63.9M | — | View 990 |
| 2015 | $2.1M | $755K | $71.7M | $63.8M | — | View 990 |
| 2014 | $1.3M | $0 | $70.3M | $63.7M | — | View 990 |
| 2013 | $1.2M | $0 | $68.9M | $63.7M | — | View 990 |
| 2012 | $1.2M | $0 | $67.3M | $63.3M | — | View 990 |
| 2011 | $1.1M | $324K | $66.1M | $63.3M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $2.2M, expenses of $0, and assets of $19.3M (revenue +1.0% year-over-year).
- 2020: Revenue of $2.2M, expenses of $667K, and assets of $17.1M (revenue +0.5% year-over-year).
- 2019: Revenue of $2.2M, expenses of $946K, and assets of $15.5M (revenue +3.9% year-over-year).
- 2018: Revenue of $2.1M, expenses of $736K, and assets of $76.4M (revenue -2.5% year-over-year).
- 2017: Revenue of $2.2M, expenses of $759K, and assets of $74.9M (revenue +1.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $746K, and assets of $73.2M (revenue +0.1% year-over-year).
- 2015: Revenue of $2.1M, expenses of $755K, and assets of $71.7M (revenue +60.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $0, and assets of $70.3M (revenue +7.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $0, and assets of $68.9M (revenue +5.1% year-over-year).
- 2012: Revenue of $1.2M, expenses of $0, and assets of $67.3M (revenue +6.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $324K, and assets of $66.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 171 Watson Road Of Dover Holding Corporation:
Data Sources and Methodology
This transparency report for 171 Watson Road Of Dover Holding Corporation 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.