Chesco Inc

Chesco Inc shows consistent revenue growth and strong program spending with no reported officer compensation.

EIN: 20390548 · Keene, NH · NTEE: J30Z · Updated: 2026-03-28

$6.9MRevenue

$4.0MAssets

92/100Mission Score (Excellent)

J30Z

About Chesco Inc

Chesco Inc (EIN: 20390548) is a nonprofit organization based in Keene, NH, classified under NTEE code J30Z. The organization reported total revenue of $6.9M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chesco Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Chesco Inc demonstrates consistent financial growth and strong program spending efficiency over the past decade. In the most recent filing (202406), the organization reported revenue of $6,428,923 against expenses of $5,888,028, indicating a healthy surplus. Their assets have steadily increased from $707,917 in 2015 to $3,322,427 in 2024, showing good financial management and capacity building. The organization's commitment to its mission is evident in its program spending, which consistently accounts for a high percentage of total expenses.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which suggests that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, or that the organization has a very lean administrative structure. This practice, if accurate, significantly contributes to a higher proportion of funds being directed towards programs.

Overall, Chesco Inc appears to be a financially sound and efficiently run nonprofit. The consistent growth in revenue and assets, coupled with a high program spending ratio and no reported officer compensation, paints a picture of an organization dedicated to its mission with prudent financial stewardship. The increasing liabilities in recent years, while still manageable relative to assets, warrant continued monitoring.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chesco Inc with a Mission Score of 92 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Chesco Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Chesco Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenue exceeding $6 million. This suggests either a fully volunteer executive leadership, compensation structured in a way not reported as officer compensation on the 990, or a very lean administrative model, which significantly boosts the proportion of funds available for programs.

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 Chesco Inc's IRS 990 filings:

Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated or structured.
Increasing liabilities in recent years, from $181,328 in 2021 to $1,003,922 in 2024, which, while still manageable, should be monitored.

Strengths

The following positive indicators were identified for Chesco Inc:

Strong and consistent revenue growth, from $4.8M in 2015 to $6.4M in 2024.
Healthy financial surpluses in most years, indicating good operational management (e.g., $540,895 surplus in 2024).
Significant growth in assets, from $707,917 in 2015 to $3,322,427 in 2024, enhancing long-term stability.
High program spending efficiency, supported by the 0% reported officer compensation.
Consistent and timely IRS 990 filings, demonstrating good transparency.

Frequently Asked Questions about Chesco Inc

Is Chesco Inc a good charity?

Based on the available IRS 990 data, Chesco Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a high percentage of spending directed towards its programs, with no reported officer compensation.

How has Chesco Inc's financial health changed over time?

Chesco Inc has shown consistent financial growth and strengthening. Revenue has increased from $4,818,533 in 2015 to $6,428,923 in 2024, and assets have grown significantly from $707,917 to $3,322,427 over the same period, indicating robust financial management.

What is Chesco Inc's program spending efficiency?

Chesco Inc exhibits high program spending efficiency. While specific program expense breakdowns aren't provided in the summary, the consistent surplus of revenue over expenses and the 0% officer compensation suggest a very high proportion of total expenses are dedicated to program services, estimated at around 90%.

Why is officer compensation reported as 0%?

The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this scale. It could mean that executive leadership is entirely volunteer-based, that compensation is paid through a related entity, or that it's categorized differently on the 990 (e.g., as general salaries rather than officer compensation). Further investigation into their detailed 990 forms would be needed to understand this fully.

Filing History

IRS 990 filing history for Chesco Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Chesco Inc's revenue has grown by 30.6%, moving from $4.9M to $6.4M. Total assets increased by 418.1% over the same period, from $641K to $3.3M. Total functional expenses rose by 23.3%, from $4.8M to $5.9M. In its most recent filing year (2024), Chesco Inc reported a surplus of $541K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $3.3M in assets (debt-to-asset ratio: 30.2%), resulting in net assets of $2.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$6.4M	$5.9M	$3.3M	$1.0M	—	View 990
2023	$5.6M	$5.6M	$2.8M	$983K	—	View 990
2022	$5.9M	$5.5M	$1.9M	$202K	—	View 990
2021	$5.9M	$5.5M	$1.6M	$181K	—	View 990
2020	$5.3M	$5.5M	$1.8M	$775K	—	View 990
2019	$5.0M	$4.9M	$1.2M	$101K	—	View 990
2018	$4.9M	$4.8M	$1.2M	$136K	—	View 990
2017	$5.1M	$5.0M	$989K	$85K	—	View 990
2016	$5.0M	$4.8M	$959K	$166K	—	View 990
2015	$4.8M	$4.8M	$708K	$95K	—	View 990
2014	$4.6M	$4.6M	$689K	$123K	—	View 990
2013	$4.9M	$4.8M	$709K	$179K	—	View 990
2012	$4.9M	$4.8M	$641K	$177K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $6.4M, expenses of $5.9M, and assets of $3.3M (revenue +14.7% year-over-year).
2023: Revenue of $5.6M, expenses of $5.6M, and assets of $2.8M (revenue -4.9% year-over-year).
2022: Revenue of $5.9M, expenses of $5.5M, and assets of $1.9M (revenue +0.4% year-over-year).
2021: Revenue of $5.9M, expenses of $5.5M, and assets of $1.6M (revenue +10.1% year-over-year).
2020: Revenue of $5.3M, expenses of $5.5M, and assets of $1.8M (revenue +6.5% year-over-year).
2019: Revenue of $5.0M, expenses of $4.9M, and assets of $1.2M (revenue +1.9% year-over-year).
2018: Revenue of $4.9M, expenses of $4.8M, and assets of $1.2M (revenue -3.1% year-over-year).
2017: Revenue of $5.1M, expenses of $5.0M, and assets of $989K (revenue +2.3% year-over-year).
2016: Revenue of $5.0M, expenses of $4.8M, and assets of $959K (revenue +2.8% year-over-year).
2015: Revenue of $4.8M, expenses of $4.8M, and assets of $708K (revenue +4.1% year-over-year).
2014: Revenue of $4.6M, expenses of $4.6M, and assets of $689K (revenue -4.9% year-over-year).
2013: Revenue of $4.9M, expenses of $4.8M, and assets of $709K (revenue -1.1% year-over-year).
2012: Revenue of $4.9M, expenses of $4.8M, and assets of $641K.

Data Sources and Methodology

This transparency report for Chesco 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.