Alton Shores Association Inc
Alton Shores Association Inc. consistently operates with volunteer leadership and has grown its assets to $176,835.
EIN: 20361079 · Alton Bay, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $188K |
| Total Expenses | $37K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $73,003, |
| Net Assets | $173K |
| Transparency Score | 85/100 |
Is Alton Shores Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alton Shores Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alton Shores Association Inc
Alton Shores Association Inc (EIN: 20361079) is a nonprofit organization based in Alton Bay, NH. The organization reported total revenue of $188K and total assets of $290K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alton Shores Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alton Shores Association Inc is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $37K |
| Surplus / Deficit | +$36K |
| Total Assets | $177K |
| Total Liabilities | $4K |
| Net Assets | $173K |
| Operating Margin | 48.9% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 56.8 months |
Financial Health Grade: A
In 2023, Alton Shores Association Inc reported a surplus of $36K with revenue exceeding expenses, holds 56.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alton Shores Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | -54.2% | +80.3% |
| 2022 | +40.6% | +92.5% | -32.9% |
| 2021 | -5.5% | +12.6% | +5.7% |
| 2020 | +3.5% | +46.4% | +14.1% |
| 2019 | +9.5% | -46.6% | +28.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Alton Shores Association 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: 90%
- fundraising: 0%
According to IRS 990 filings, Alton Shores Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for an organization of its size, with latest revenue of $73,003, as it ensures all funds are directed towards operational expenses and mission-related activities rather than salaries.
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 Alton Shores Association Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Healthy asset growth from $96,907 in 2014 to $176,835 in 2023.
- Positive net income in most recent filing (202312: Revenue $73,003 vs. Expenses $37,329).
- Low liabilities, with $0 reported in most years and only $3,500 in 202312.
Frequently Asked Questions about Alton Shores Association Inc
Is Alton Shores Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alton Shores Association Inc (EIN: 20361079) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Alton Shores Association Inc spend its money?
Alton Shores Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alton Shores Association Inc tax-deductible?
Alton Shores Association Inc is registered as a tax-exempt nonprofit (EIN: 20361079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Alton Shores Association Inc CEO make?
Alton Shores Association Inc's highest-compensated officer earns $73,003, annually. The organization reported $188K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Alton Shores Association Inc located?
Alton Shores Association Inc is headquartered in Alton Bay, New Hampshire and files with the IRS under EIN 20361079.
How many years of IRS 990 filings does Alton Shores Association Inc have?
Alton Shores Association 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 $188K in total revenue.
What are the specific programs Alton Shores Association Inc. funds?
Based on the provided data, the specific programs are not detailed. However, given the nature of an 'Association Inc.' and its location, it likely focuses on community, environmental, or recreational initiatives within Alton Bay, NH.
How does Alton Shores Association Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that all executive and leadership roles are filled by volunteers, who do not receive salaries or other forms of compensation from the organization. This is a significant strength in terms of financial efficiency.
Is the recent increase in revenue sustainable for Alton Shores Association Inc.?
Revenue in 202312 was $73,003, a notable increase from previous years (e.g., $72,643 in 202212, $51,659 in 202112). While the trend is positive, sustainability depends on the sources of this revenue (e.g., membership dues, donations, grants) and whether those sources are consistent year-over-year.
Filing History
IRS 990 filing history for Alton Shores Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alton Shores Association Inc's revenue has grown by 86.3%, moving from $39K to $73K. Total assets increased by 35.7% over the same period, from $130K to $177K. Total functional expenses fell by 1.3%, from $38K to $37K. In its most recent filing year (2023), Alton Shores Association Inc reported a surplus of $36K, with revenue exceeding expenses. The organization holds $4K in liabilities against $177K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $173K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $37K | $177K | $4K | — | — |
| 2022 | $73K | $82K | $98K | $0 | — | View 990 |
| 2021 | $52K | $42K | $146K | $0 | — | View 990 |
| 2020 | $55K | $38K | $138K | $0 | — | — |
| 2019 | $53K | $26K | $121K | $0 | — | View 990 |
| 2018 | $48K | $48K | $94K | $0 | — | View 990 |
| 2017 | $37K | $46K | $87K | $0 | — | View 990 |
| 2016 | $36K | $41K | $95K | $0 | — | View 990 |
| 2015 | $41K | $32K | $106K | $0 | — | View 990 |
| 2014 | $33K | $42K | $97K | $0 | — | View 990 |
| 2013 | $37K | $30K | $155K | $0 | — | View 990 |
| 2012 | $36K | $24K | $142K | $0 | — | View 990 |
| 2011 | $39K | $38K | $130K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $37K, and assets of $177K (revenue +0.5% year-over-year).
- 2022: Revenue of $73K, expenses of $82K, and assets of $98K (revenue +40.6% year-over-year).
- 2021: Revenue of $52K, expenses of $42K, and assets of $146K (revenue -5.5% year-over-year).
- 2020: Revenue of $55K, expenses of $38K, and assets of $138K (revenue +3.5% year-over-year).
- 2019: Revenue of $53K, expenses of $26K, and assets of $121K (revenue +9.5% year-over-year).
- 2018: Revenue of $48K, expenses of $48K, and assets of $94K (revenue +30.3% year-over-year).
- 2017: Revenue of $37K, expenses of $46K, and assets of $87K (revenue +3.1% year-over-year).
- 2016: Revenue of $36K, expenses of $41K, and assets of $95K (revenue -11.7% year-over-year).
- 2015: Revenue of $41K, expenses of $32K, and assets of $106K (revenue +21.5% year-over-year).
- 2014: Revenue of $33K, expenses of $42K, and assets of $97K (revenue -9.9% year-over-year).
- 2013: Revenue of $37K, expenses of $30K, and assets of $155K (revenue +4.4% year-over-year).
- 2012: Revenue of $36K, expenses of $24K, and assets of $142K (revenue -9.2% year-over-year).
- 2011: Revenue of $39K, expenses of $38K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alton Shores Association Inc:
Data Sources and Methodology
This transparency report for Alton Shores Association 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.