Casque And Gauntlet Inc
Casque And Gauntlet Inc. shows inconsistent financial performance with recent deficits and declining assets.
EIN: 20426798 · Hanover, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $40K |
| Program Spending | 70% |
| Net Assets | $-7,016 |
| Transparency Score | 45/100 |
Is Casque And Gauntlet Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Casque And Gauntlet Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Casque And Gauntlet Inc
Casque And Gauntlet Inc (EIN: 20426798) is a nonprofit organization based in Hanover, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casque And Gauntlet Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Casque And Gauntlet Inc is a micro nonprofit, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $40K |
| Surplus / Deficit | $-14,387 |
| Total Assets | $3K |
| Total Liabilities | $10K |
| Net Assets | $-7,016 |
| Operating Margin | -56.7% |
| Debt-to-Asset Ratio | 313.6% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2018, Casque And Gauntlet Inc reported a deficit of $14K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 313.6% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Casque And Gauntlet Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -39.5% | -4.3% | -57.2% |
| 2017 | +3.5% | -29.7% | -23.2% |
| 2016 | -21.4% | +19.8% | -65.1% |
| 2015 | -6.3% | +52.0% | +8.4% |
| 2014 | +122.1% | -3.7% | +590.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Casque And Gauntlet Inc with a Mission Score of 45 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Casque And Gauntlet Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 313.6%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting a volunteer-led organization or that compensation is below IRS reporting thresholds, which is common for very small nonprofits.
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 Casque And Gauntlet Inc's IRS 990 filings:
- Recurring deficits where expenses exceed revenue (e.g., 201808, 201608, 201308).
- Significant decline in assets from $28,610 in 201508 to $3,284 in 201808.
- Increase in liabilities to $10,300 in 201808, exceeding current assets.
- Latest reported revenue and assets are $0, indicating potential inactivity or significant operational changes not detailed.
- NTEE code is 'Unknown', making it difficult to assess mission alignment and peer performance.
Strengths
The following positive indicators were identified for Casque And Gauntlet Inc:
- No reported officer compensation, suggesting efficient use of funds for personnel or a volunteer-driven model.
- History of filing IRS 990s, indicating some level of transparency in financial reporting.
Frequently Asked Questions about Casque And Gauntlet Inc
Is Casque And Gauntlet Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Casque And Gauntlet Inc (EIN: 20426798) significant concerns. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
How does Casque And Gauntlet Inc spend its money?
Casque And Gauntlet Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Casque And Gauntlet Inc tax-deductible?
Casque And Gauntlet Inc is registered as a tax-exempt nonprofit (EIN: 20426798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Casque And Gauntlet Inc's spending goes to programs?
Casque And Gauntlet Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Casque And Gauntlet Inc located?
Casque And Gauntlet Inc is headquartered in Hanover, New Hampshire and files with the IRS under EIN 20426798.
How many years of IRS 990 filings does Casque And Gauntlet Inc have?
Casque And Gauntlet Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the primary purpose or program activity of Casque And Gauntlet Inc. given its 'Unknown' NTEE code and $0 latest reported revenue?
The IRS 990 data does not specify the organization's program activities, and the 'Unknown' NTEE code combined with $0 latest revenue and assets makes it difficult to ascertain its current operational focus or if it is still actively operating.
Why did Casque And Gauntlet Inc.'s assets decrease from $28,610 in 201508 to $3,284 in 201808, while liabilities increased to $10,300?
The filings indicate a significant decline in assets and an increase in liabilities over this period, suggesting financial challenges or a strategic shift in asset management, but the specific reasons are not detailed in the provided data.
How does Casque And Gauntlet Inc. sustain its operations given the recurring deficits and $0 latest reported revenue?
The organization has experienced periods where expenses exceeded revenue, and the latest reported revenue is $0. This raises questions about its long-term financial sustainability and how it funds its activities, especially if it is still active.
Filing History
IRS 990 filing history for Casque And Gauntlet Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Casque And Gauntlet Inc's revenue has grown by 123.5%, moving from $11K to $25K. Total assets decreased by 67.4% over the same period, from $10K to $3K. Total functional expenses rose by 66.1%, from $24K to $40K. In its most recent filing year (2018), Casque And Gauntlet Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $10K in liabilities against $3K in assets (debt-to-asset ratio: 313.6%), resulting in net assets of $-7,016.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $25K | $40K | $3K | $10K | — | View 990 |
| 2017 | $42K | $42K | $8K | $300 | — | View 990 |
| 2016 | $41K | $59K | $10K | $3K | — | View 990 |
| 2015 | $52K | $49K | $29K | $3K | — | View 990 |
| 2014 | $55K | $32K | $26K | $3K | — | View 990 |
| 2013 | $25K | $34K | $4K | $3K | — | View 990 |
| 2012 | $15K | $16K | $10K | $0 | — | View 990 |
| 2011 | $11K | $24K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $25K, expenses of $40K, and assets of $3K (revenue -39.5% year-over-year).
- 2017: Revenue of $42K, expenses of $42K, and assets of $8K (revenue +3.5% year-over-year).
- 2016: Revenue of $41K, expenses of $59K, and assets of $10K (revenue -21.4% year-over-year).
- 2015: Revenue of $52K, expenses of $49K, and assets of $29K (revenue -6.3% year-over-year).
- 2014: Revenue of $55K, expenses of $32K, and assets of $26K (revenue +122.1% year-over-year).
- 2013: Revenue of $25K, expenses of $34K, and assets of $4K (revenue +61.3% year-over-year).
- 2012: Revenue of $15K, expenses of $16K, and assets of $10K (revenue +35.4% year-over-year).
- 2011: Revenue of $11K, expenses of $24K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Casque And Gauntlet Inc:
Data Sources and Methodology
This transparency report for Casque And Gauntlet 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.