Center For Community Economic Development

Center For Community Economic Development reports consistent net losses with minimal revenue.

EIN: 20508966 · North Hampton, NH · NTEE: P50 · Updated: 2026-03-28

$0Revenue

$0Assets

40/100Mission Score (Fair)

P50

About Center For Community Economic Development

Center For Community Economic Development (EIN: 20508966) is a nonprofit organization based in North Hampton, NH, classified under NTEE code P50. 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 Center For Community Economic Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Center For Community Economic Development appears to be a very small organization, and its financial health is concerning given its consistent net losses. In 2013, the organization reported $204 in revenue against $2,109 in expenses, resulting in a significant deficit. This trend was also present in 2012, with $37 in revenue and $8,369 in expenses. While the organization has some assets ($16,873 in 2013), its liabilities ($7,987 in 2013) are substantial relative to its revenue, indicating potential solvency issues if this trend continues. The lack of reported officer compensation in both periods suggests either an all-volunteer leadership or that compensation falls below reporting thresholds, which can be a positive for efficiency but also raises questions about the capacity for sustained operations given the financial performance. The organization's transparency is limited by the minimal financial activity and the age of the available filings.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Center For Community Economic Development 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Center For Community Economic Development allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Officer compensation was reported as 0% in both 2012 and 2013, suggesting either an all-volunteer leadership or compensation below reporting thresholds, which is appropriate given the organization's extremely low revenue and high expenses.

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 Center For Community Economic Development's IRS 990 filings:

Consistent and significant net losses in both reported periods ($8,332 in 2012, $1,905 in 2013).
Latest reported revenue of $0 and assets of $0, suggesting potential inactivity or dissolution.
High liabilities relative to revenue in 2013 ($7,987 liabilities vs. $204 revenue).

Strengths

The following positive indicators were identified for Center For Community Economic Development:

No reported officer compensation, indicating potential volunteer-led efforts or efficient use of limited funds for leadership.

Frequently Asked Questions about Center For Community Economic Development

Is Center For Community Economic Development actively operating?

Given the latest reported revenue of $0 and assets of $0, along with the age of the last available filings (2012 and 2013), it is highly questionable whether the Center For Community Economic Development is still actively operating or has ceased operations.

What caused the significant net losses in 2012 and 2013?

The filings show expenses significantly outstripping revenue in both periods ($8,332 deficit in 2012 and $1,905 deficit in 2013). Without more detailed expense breakdowns, it's difficult to pinpoint the exact causes, but it indicates a fundamental imbalance between income generation and operational costs.

How did the organization fund its operations despite low revenue?

In 2012, the organization had $10,791 in assets and no liabilities, while in 2013, assets increased to $16,873 but liabilities also rose to $7,987. It appears operations were likely funded by drawing down prior period assets or incurring debt, as evidenced by the increase in liabilities.

Filing History

IRS 990 filing history for Center For Community Economic Development showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2012–2013), Center For Community Economic Development's revenue has grown by 451.4%, moving from $37 to $204. Total assets increased by 56.4% over the same period, from $11K to $17K. Total functional expenses fell by 74.8%, from $8K to $2K. In its most recent filing year (2013), Center For Community Economic Development reported a deficit of $2K, with expenses exceeding revenue. The organization holds $8K in liabilities against $17K in assets (debt-to-asset ratio: 47.3%), resulting in net assets of $9K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2013	$204	$2K	$17K	$8K	—	View 990
2012	$37	$8K	$11K	$0	—	View 990

Data Sources and Methodology

This transparency report for Center For Community Economic Development 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.