Chesterfield Historical Society Inc
Chesterfield Historical Society: Strong Assets, Volatile Revenue, and Low Executive Compensation
EIN: 222501904 · Chesterfield, NH · NTEE: A80 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $123K |
| Total Expenses | $292K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $816K |
| Transparency Score | 75/100 |
Is Chesterfield Historical Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chesterfield Historical Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chesterfield Historical Society Inc
Chesterfield Historical Society Inc (EIN: 222501904) is a nonprofit organization based in Chesterfield, NH, classified under NTEE code A80. The organization reported total revenue of $123K and total assets of $919K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chesterfield Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chesterfield Historical Society Inc is a small nonprofit that has been operating for 14 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $292K |
| Surplus / Deficit | $-144,163 |
| Total Assets | $819K |
| Total Liabilities | $3K |
| Net Assets | $816K |
| Operating Margin | -97.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 33.6 months |
Financial Health Grade: B
In 2023, Chesterfield Historical Society Inc reported a deficit of $144K with expenses exceeding revenue, holds 33.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Chesterfield Historical Society Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.6% | +211.6% | +13.2% |
| 2022 | +341.6% | +63.8% | +30.6% |
| 2021 | -66.7% | -66.8% | +0.6% |
| 2020 | -32.2% | +322.6% | +1.2% |
| 2019 | -25.0% | -86.3% | +71.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Chesterfield Historical Society 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Chesterfield Historical Society Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $144K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-run leadership structure, which is highly efficient for donor funds.
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 Chesterfield Historical Society Inc's IRS 990 filings:
- Significant revenue volatility, with a drop from $262,580 in 2022 to $148,145 in 2023, warrants further investigation into funding sources.
- Expenses exceeded revenue in 2023 ($292,308 expenses vs. $148,145 revenue), leading to a draw on assets.
Strengths
The following positive indicators were identified for Chesterfield Historical Society Inc:
- Strong asset growth from $317,537 in 2018 to $819,125 in 2023, demonstrating financial stability and accumulation.
- Consistent reporting of $0 executive compensation maximizes funds directly for mission-related activities.
- Low liabilities ($2,800 in 2023) indicate a healthy balance sheet.
Frequently Asked Questions about Chesterfield Historical Society Inc
Is Chesterfield Historical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chesterfield Historical Society Inc (EIN: 222501904) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Chesterfield Historical Society Inc spend its money?
Chesterfield Historical Society Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chesterfield Historical Society Inc tax-deductible?
Chesterfield Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 222501904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chesterfield Historical Society Inc CEO make?
Chesterfield Historical Society Inc's highest-compensated officer earns $0 annually. The organization reported $123K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Chesterfield Historical Society Inc's spending goes to programs?
Chesterfield Historical Society Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chesterfield Historical Society Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Chesterfield Historical Society Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chesterfield Historical Society Inc located?
Chesterfield Historical Society Inc is headquartered in Chesterfield, New Hampshire and files with the IRS under EIN 222501904. It is classified under NTEE code A80.
How many years of IRS 990 filings does Chesterfield Historical Society Inc have?
Chesterfield Historical Society Inc has 6 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 $123K in total revenue.
What does Chesterfield Historical Society Inc do?
Chesterfield Historical Society Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Chesterfield, New Hampshire. It is classified under NTEE code A80.
How much revenue does Chesterfield Historical Society Inc have?
Chesterfield Historical Society Inc reported total revenue of $122,626. Based on 6 IRS 990 filings on record.
What are Chesterfield Historical Society Inc's total assets?
Chesterfield Historical Society Inc holds total assets of $919,242 as reported in IRS 990 filings.
Where is Chesterfield Historical Society Inc located?
Chesterfield Historical Society Inc is based in Chesterfield, New Hampshire.
What is Chesterfield Historical Society Inc's EIN?
Chesterfield Historical Society Inc's Employer Identification Number (EIN) is 222501904. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Chesterfield Historical Society Inc?
Chesterfield Historical Society Inc is classified under NTEE code A80 (Arts, Culture & Humanities).
Is Chesterfield Historical Society Inc a registered 501(c)(3)?
Yes, Chesterfield Historical Society Inc is recognized as a tax-exempt organization by the IRS. EIN: 222501904.
Does Chesterfield Historical Society Inc file IRS Form 990?
Yes, Chesterfield Historical Society Inc has 6 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Chesterfield Historical Society Inc's revenue in 2023?
In the 202312 filing period, Chesterfield Historical Society Inc reported total revenue of $148,145, total expenses of $292,308, and net assets of $819,125.
Is Chesterfield Historical Society Inc's revenue growing or declining?
Chesterfield Historical Society Inc's revenue is declining. Revenue went from $262,580 (202212) to $148,145 (202312), a -43.6% change. Based on 6 filings on record.
What is Chesterfield Historical Society Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Chesterfield Historical Society Inc covers tax period 202312. It shows revenue of $148,145, expenses of $292,308, total assets of $819,125, and liabilities of $2,800.
How much does Chesterfield Historical Society Inc spend on programs vs administration?
Based on IRS 990 analysis, Chesterfield Historical Society Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Chesterfield Historical Society Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Chesterfield Historical Society Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Chesterfield Historical Society Inc?
The following concerns were identified: Significant revenue volatility, with a drop from $262,580 in 2022 to $148,145 in 2023, warrants further investigation into funding sources.. Expenses exceeded revenue in 2023 ($292,308 expenses vs. $148,145 revenue), leading to a draw on assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Chesterfield Historical Society Inc's strengths?
Positive indicators for Chesterfield Historical Society Inc include: Strong asset growth from $317,537 in 2018 to $819,125 in 2023, demonstrating financial stability and accumulation.. Consistent reporting of $0 executive compensation maximizes funds directly for mission-related activities.. Low liabilities ($2,800 in 2023) indicate a healthy balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does Chesterfield Historical Society Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-run leadership structure, which is highly efficient for donor funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation, how does the organization manage its operational leadership and strategic direction?
The consistent reporting of $0 for executive compensation suggests that the Chesterfield Historical Society Inc. is primarily run by volunteers, including its leadership. This model relies heavily on dedicated community involvement and may indicate a strong local support base for its mission.
What factors contributed to the substantial increase in assets from $317,537 in 2018 to $819,125 in 2023, especially considering the fluctuating revenues?
The significant asset growth despite revenue volatility could be attributed to several factors, including successful capital campaigns, large one-time donations, bequests, or prudent investment of accumulated funds over time. Further investigation into specific fundraising initiatives or investment strategies would be beneficial.
Filing History
IRS 990 filing history for Chesterfield Historical Society Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Chesterfield Historical Society Inc's revenue has declined by 57.8%, moving from $351K to $148K. Total assets increased by 158% over the same period, from $318K to $819K. Total functional expenses fell by 2.2%, from $299K to $292K. In its most recent filing year (2023), Chesterfield Historical Society Inc reported a deficit of $144K, with expenses exceeding revenue. The organization holds $3K in liabilities against $819K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $816K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $148K | $292K | $819K | $3K | — | — |
| 2022 | $263K | $94K | $724K | $3K | — | View 990 |
| 2021 | $59K | $57K | $554K | $2K | — | View 990 |
| 2020 | $179K | $172K | $551K | $1K | — | — |
| 2019 | $263K | $41K | $544K | $395 | — | View 990 |
| 2018 | $351K | $299K | $318K | $400 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $148K, expenses of $292K, and assets of $819K (revenue -43.6% year-over-year).
- 2022: Revenue of $263K, expenses of $94K, and assets of $724K (revenue +341.6% year-over-year).
- 2021: Revenue of $59K, expenses of $57K, and assets of $554K (revenue -66.7% year-over-year).
- 2020: Revenue of $179K, expenses of $172K, and assets of $551K (revenue -32.2% year-over-year).
- 2019: Revenue of $263K, expenses of $41K, and assets of $544K (revenue -25.0% year-over-year).
- 2018: Revenue of $351K, expenses of $299K, and assets of $318K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chesterfield Historical Society Inc:
Data Sources and Methodology
This transparency report for Chesterfield Historical Society 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.