Associated General Contractors Of New Hampshire Inc
Associated General Contractors Of New Hampshire Inc consistently operates with minor deficits but maintains strong asset reserves.
EIN: 20221111 · Bow, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $467K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $706K |
| Transparency Score | 75/100 |
Is Associated General Contractors Of New Hampshire Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Associated General Contractors Of New Hampshire Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Associated General Contractors Of New Hampshire Inc
Associated General Contractors Of New Hampshire Inc (EIN: 20221111) is a nonprofit organization based in Bow, NH. The organization reported total revenue of $492K and total assets of $778K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Associated General Contractors Of New Hampshire Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Associated General Contractors Of New Hampshire Inc is a small nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $408K |
| Total Expenses | $467K |
| Surplus / Deficit | $-59,115 |
| Total Assets | $798K |
| Total Liabilities | $92K |
| Net Assets | $706K |
| Operating Margin | -14.5% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 20.5 months |
Financial Health Grade: B
In 2023, Associated General Contractors Of New Hampshire Inc reported a deficit of $59K with expenses exceeding revenue, holds 20.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Associated General Contractors Of New Hampshire Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | +7.7% | -1.5% |
| 2022 | -4.5% | -0.6% | -11.4% |
| 2021 | +19.2% | -1.7% | +5.1% |
| 2020 | -24.0% | -3.7% | -2.8% |
| 2019 | +20.7% | +8.9% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1951 |
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 Associated General Contractors Of New Hampshire 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Associated General Contractors Of New Hampshire Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues around $400,000-$500,000, suggesting either a fully volunteer executive team or compensation is categorized differently.
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 Associated General Contractors Of New Hampshire Inc's IRS 990 filings:
- Recurring operational deficits (e.g., $59,115 in 202312, $29,945 in 202212)
- 0% officer compensation reported, which may obscure actual leadership compensation or indicate reliance on unpaid leadership.
- NTEE code is 'Unknown', limiting clear understanding of specific programmatic focus.
Strengths
The following positive indicators were identified for Associated General Contractors Of New Hampshire Inc:
- Strong asset base relative to liabilities ($797,967 assets vs. $91,636 liabilities in 202312).
- Consistent IRS 990 filing history (13 filings), indicating good compliance.
- Low liabilities, suggesting good financial management of debt.
Frequently Asked Questions about Associated General Contractors Of New Hampshire Inc
Is Associated General Contractors Of New Hampshire Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Associated General Contractors Of New Hampshire Inc (EIN: 20221111) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Associated General Contractors Of New Hampshire Inc spend its money?
Associated General Contractors Of New Hampshire Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Associated General Contractors Of New Hampshire Inc tax-deductible?
Associated General Contractors Of New Hampshire Inc is registered as a tax-exempt nonprofit (EIN: 20221111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Associated General Contractors Of New Hampshire Inc CEO make?
Associated General Contractors Of New Hampshire Inc's highest-compensated officer earns $400,000 annually. The organization reported $492K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Associated General Contractors Of New Hampshire Inc's spending goes to programs?
Associated General Contractors Of New Hampshire Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Associated General Contractors Of New Hampshire Inc located?
Associated General Contractors Of New Hampshire Inc is headquartered in Bow, New Hampshire and files with the IRS under EIN 20221111.
How many years of IRS 990 filings does Associated General Contractors Of New Hampshire Inc have?
Associated General Contractors Of New Hampshire 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 $492K in total revenue.
How does Associated General Contractors Of New Hampshire Inc cover its operational deficits?
The organization has frequently reported expenses exceeding revenue, such as a $59,115 deficit in 202312. These deficits are likely covered by drawing from its substantial asset base, which stood at $797,967 in 202312.
What is the nature of the 0% officer compensation reported?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based, or compensation is structured in a way that it is not reported under 'Officer Comp' on the 990, which warrants further inquiry for full transparency.
Is the organization financially stable despite recurring deficits?
Yes, despite recurring operational deficits in several years, the organization appears financially stable due to its strong asset base ($797,967 in 202312) relative to its liabilities ($91,636 in 202312), providing a healthy reserve.
Filing History
IRS 990 filing history for Associated General Contractors Of New Hampshire Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Associated General Contractors Of New Hampshire Inc's revenue has grown by 31.3%, moving from $311K to $408K. Total assets decreased by 6.8% over the same period, from $856K to $798K. Total functional expenses rose by 18.1%, from $395K to $467K. In its most recent filing year (2023), Associated General Contractors Of New Hampshire Inc reported a deficit of $59K, with expenses exceeding revenue. The organization holds $92K in liabilities against $798K in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $706K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $408K | $467K | $798K | $92K | — | View 990 |
| 2022 | $404K | $433K | $810K | $85K | — | View 990 |
| 2021 | $423K | $436K | $915K | $77K | — | View 990 |
| 2020 | $355K | $444K | $871K | $87K | — | — |
| 2019 | $467K | $461K | $896K | $61K | — | View 990 |
| 2018 | $387K | $423K | $834K | $62K | — | View 990 |
| 2017 | $428K | $416K | $893K | $64K | — | View 990 |
| 2016 | $367K | $401K | $807K | $34K | — | View 990 |
| 2015 | $352K | $384K | $843K | $54K | — | View 990 |
| 2014 | $381K | $380K | $876K | $58K | — | View 990 |
| 2013 | $327K | $340K | $877K | $49K | — | View 990 |
| 2012 | $359K | $345K | $872K | $50K | — | View 990 |
| 2011 | $311K | $395K | $856K | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $408K, expenses of $467K, and assets of $798K (revenue +1.1% year-over-year).
- 2022: Revenue of $404K, expenses of $433K, and assets of $810K (revenue -4.5% year-over-year).
- 2021: Revenue of $423K, expenses of $436K, and assets of $915K (revenue +19.2% year-over-year).
- 2020: Revenue of $355K, expenses of $444K, and assets of $871K (revenue -24.0% year-over-year).
- 2019: Revenue of $467K, expenses of $461K, and assets of $896K (revenue +20.7% year-over-year).
- 2018: Revenue of $387K, expenses of $423K, and assets of $834K (revenue -9.6% year-over-year).
- 2017: Revenue of $428K, expenses of $416K, and assets of $893K (revenue +16.5% year-over-year).
- 2016: Revenue of $367K, expenses of $401K, and assets of $807K (revenue +4.2% year-over-year).
- 2015: Revenue of $352K, expenses of $384K, and assets of $843K (revenue -7.5% year-over-year).
- 2014: Revenue of $381K, expenses of $380K, and assets of $876K (revenue +16.5% year-over-year).
- 2013: Revenue of $327K, expenses of $340K, and assets of $877K (revenue -9.1% year-over-year).
- 2012: Revenue of $359K, expenses of $345K, and assets of $872K (revenue +15.7% year-over-year).
- 2011: Revenue of $311K, expenses of $395K, and assets of $856K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Associated General Contractors Of New Hampshire Inc:
Data Sources and Methodology
This transparency report for Associated General Contractors Of New Hampshire 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.