Business And Industry Association Of Nh
Business And Industry Association Of NH maintains stable finances with no reported officer compensation.
EIN: 20172300 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Business And Industry Association Of Nh Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Business And Industry Association Of Nh directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Business And Industry Association Of Nh
Business And Industry Association Of Nh (EIN: 20172300) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $1.6M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Business And Industry Association Of Nh's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Business And Industry Association Of Nh is a mid-size nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-8,043 |
| Total Assets | $1.6M |
| Total Liabilities | $160K |
| Net Assets | $1.4M |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 12.6 months |
Financial Health Grade: B
In 2023, Business And Industry Association Of Nh reported a deficit of $8K with expenses exceeding revenue, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Business And Industry Association Of Nh's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | +5.6% | -2.7% |
| 2022 | -12.2% | +5.7% | -2.1% |
| 2021 | +22.4% | -1.5% | +33.7% |
| 2020 | -11.1% | -8.0% | -0.5% |
| 2019 | +6.1% | -3.0% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1945 |
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 Business And Industry Association Of Nh 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: 85%
- fundraising: 5%
According to IRS 990 filings, Business And Industry Association Of Nh allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive sign for resource allocation directly to mission-related activities.
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 Business And Industry Association Of Nh:
- Consistent financial stability with revenues generally covering expenses (e.g., 2023 revenue $1,498,497 vs. expenses $1,506,540).
- Strong asset base relative to liabilities, indicating good financial health (e.g., 2023 assets $1,576,170 vs. liabilities $159,643).
- No reported officer compensation across all filings, suggesting efficient use of funds for mission.
- Maintained stable operations and asset growth over a 10-year period.
Frequently Asked Questions about Business And Industry Association Of Nh
Is Business And Industry Association Of Nh a legitimate charity?
Business And Industry Association Of Nh (EIN: 20172300) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Business And Industry Association Of Nh spend its money?
Business And Industry Association Of Nh directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Business And Industry Association Of Nh tax-deductible?
Business And Industry Association Of Nh is registered as a tax-exempt nonprofit (EIN: 20172300). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Business And Industry Association Of Nh's spending goes to programs?
Business And Industry Association Of Nh directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Business And Industry Association Of Nh located?
Business And Industry Association Of Nh is headquartered in Concord, New Hampshire and files with the IRS under EIN 20172300.
How many years of IRS 990 filings does Business And Industry Association Of Nh have?
Business And Industry Association Of Nh 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 $1.6M in total revenue.
Is the Business And Industry Association Of NH financially stable?
Yes, the organization demonstrates strong financial stability. Its assets of $1,576,170 in 2023 significantly outweigh its liabilities of $159,643, and revenues have consistently covered expenses over the past decade, such as $1,498,497 in revenue against $1,506,540 in expenses in 2023.
Does the organization pay its officers?
Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation, suggesting that its officers are not compensated directly through this category.
How has the organization's revenue trended over time?
The organization's revenue has remained relatively stable, fluctuating between approximately $1.2 million and $1.6 million annually over the past decade, with the latest reported revenue at $1,498,497 in 2023.
Filing History
IRS 990 filing history for Business And Industry Association Of Nh showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Business And Industry Association Of Nh's revenue has grown by 35.3%, moving from $1.1M to $1.5M. Total assets increased by 9.2% over the same period, from $1.4M to $1.6M. Total functional expenses rose by 44%, from $1.0M to $1.5M. In its most recent filing year (2023), Business And Industry Association Of Nh reported a deficit of $8K, with expenses exceeding revenue. The organization holds $160K in liabilities against $1.6M in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $1.6M | $160K | — | View 990 |
| 2022 | $1.5M | $1.4M | $1.6M | $298K | — | View 990 |
| 2021 | $1.7M | $1.4M | $1.7M | $204K | — | — |
| 2020 | $1.4M | $1.4M | $1.2M | $192K | — | — |
| 2019 | $1.5M | $1.5M | $1.2M | $227K | — | View 990 |
| 2018 | $1.5M | $1.5M | $1.0M | $168K | — | View 990 |
| 2017 | $1.6M | $1.5M | $1.6M | $647K | — | View 990 |
| 2016 | $1.3M | $1.5M | $1.6M | $621K | — | View 990 |
| 2015 | $1.6M | $1.4M | $1.7M | $636K | — | View 990 |
| 2014 | $1.2M | $1.2M | $1.8M | $553K | — | View 990 |
| 2013 | $1.3M | $1.3M | $1.7M | $559K | — | View 990 |
| 2012 | $1.2M | $1.1M | $1.5M | $524K | — | View 990 |
| 2011 | $1.1M | $1.0M | $1.4M | $595K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $1.6M (revenue +1.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $1.6M (revenue -12.2% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.4M, and assets of $1.7M (revenue +22.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $1.2M (revenue -11.1% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $1.2M (revenue +6.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $1.0M (revenue -6.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $1.6M (revenue +16.7% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.5M, and assets of $1.6M (revenue -14.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.4M, and assets of $1.7M (revenue +28.7% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $1.8M (revenue -5.8% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $1.7M (revenue +10.1% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue +5.5% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.0M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Business And Industry Association Of Nh:
Data Sources and Methodology
This transparency report for Business And Industry Association Of Nh 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.