Concord Hospital Associates Gift Shop
Concord Hospital Associates Gift Shop shows strong revenue growth and zero executive compensation.
EIN: 20237260 · Concord, NH · NTEE: E22I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $670K |
| Total Expenses | $401K |
| Program Spending | 90% |
| Net Assets | $315K |
| Transparency Score | 85/100 |
Is Concord Hospital Associates Gift Shop Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Concord Hospital Associates Gift Shop directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Concord Hospital Associates Gift Shop
Concord Hospital Associates Gift Shop (EIN: 20237260) is a nonprofit organization based in Concord, NH, classified under NTEE code E22I. The organization reported total revenue of $670K and total assets of $381K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Concord Hospital Associates Gift Shop's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Concord Hospital Associates Gift Shop is a small nonprofit that has been operating for 69 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $355K |
| Total Expenses | $401K |
| Surplus / Deficit | $-46,132 |
| Total Assets | $381K |
| Total Liabilities | $66K |
| Net Assets | $315K |
| Operating Margin | -13.0% |
| Debt-to-Asset Ratio | 17.4% |
| Months of Reserves | 11.4 months |
Financial Health Grade: B
In 2018, Concord Hospital Associates Gift Shop reported a deficit of $46K with expenses exceeding revenue, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 17.4% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), Concord Hospital Associates Gift Shop's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +8.8% | +32.8% | -9.1% |
| 2017 | +1.0% | -9.8% | +4.3% |
| 2016 | +6.5% | +7.7% | -4.0% |
| 2015 | -4.3% | +6.8% | -3.4% |
| 2014 | +14.8% | +1.6% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
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 Concord Hospital Associates Gift Shop 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Concord Hospital Associates Gift Shop allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.4%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filing periods, indicating a volunteer-led or highly efficient operational model where leadership is not compensated, which is commendable for an organization of its size.
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 Concord Hospital Associates Gift Shop:
- Consistent 0% officer compensation across all reported periods.
- Significant revenue growth, with latest revenue at $669,952.
- Healthy asset-to-liability ratio ($381,332 assets vs. $66,177 liabilities in 201809).
- Long and consistent IRS 990 filing history (8 filings), indicating transparency.
- Stable asset base over the years, demonstrating financial resilience.
Frequently Asked Questions about Concord Hospital Associates Gift Shop
Is Concord Hospital Associates Gift Shop a legitimate charity?
Based on AI analysis of IRS 990 filings, Concord Hospital Associates Gift Shop (EIN: 20237260) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Concord Hospital Associates Gift Shop spend its money?
Concord Hospital Associates Gift Shop directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Concord Hospital Associates Gift Shop tax-deductible?
Concord Hospital Associates Gift Shop is registered as a tax-exempt nonprofit (EIN: 20237260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Concord Hospital Associates Gift Shop's spending goes to programs?
Concord Hospital Associates Gift Shop directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Concord Hospital Associates Gift Shop compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Concord Hospital Associates Gift Shop is above average for NTEE category E22I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Concord Hospital Associates Gift Shop located?
Concord Hospital Associates Gift Shop is headquartered in Concord, New Hampshire and files with the IRS under EIN 20237260. It is classified under NTEE code E22I.
How many years of IRS 990 filings does Concord Hospital Associates Gift Shop have?
Concord Hospital Associates Gift Shop 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. The most recent filing shows $670K in total revenue.
Is Concord Hospital Associates Gift Shop a good charity?
Based on the available data, the organization appears to be a well-managed and efficient auxiliary. It consistently reports 0% officer compensation and has a healthy asset-to-liability ratio. Its primary function is to support Concord Hospital, and its financial health and operational efficiency suggest it fulfills this role effectively.
How has the organization's revenue trended over time?
Revenue has shown a positive trend, increasing from $283,591 in 201109 to $354,725 in 201809, and further to $669,952 in the latest reported period, indicating significant growth.
What is the organization's financial stability?
The organization demonstrates good financial stability with assets of $381,332 and liabilities of $66,177 in 201809, indicating a strong financial position relative to its obligations.
Filing History
IRS 990 filing history for Concord Hospital Associates Gift Shop showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Concord Hospital Associates Gift Shop's revenue has grown by 25.1%, moving from $284K to $355K. Total assets decreased by 0.3% over the same period, from $382K to $381K. Total functional expenses rose by 69.5%, from $236K to $401K. In its most recent filing year (2018), Concord Hospital Associates Gift Shop reported a deficit of $46K, with expenses exceeding revenue. The organization holds $66K in liabilities against $381K in assets (debt-to-asset ratio: 17.4%), resulting in net assets of $315K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $355K | $401K | $381K | $66K | — | View 990 |
| 2017 | $326K | $302K | $420K | $59K | — | View 990 |
| 2016 | $323K | $335K | $402K | $86K | — | View 990 |
| 2015 | $303K | $311K | $419K | $87K | — | View 990 |
| 2014 | $317K | $291K | $434K | $74K | — | View 990 |
| 2013 | $276K | $287K | $420K | $90K | — | View 990 |
| 2012 | $272K | $280K | $373K | $54K | — | View 990 |
| 2011 | $284K | $236K | $382K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $355K, expenses of $401K, and assets of $381K (revenue +8.8% year-over-year).
- 2017: Revenue of $326K, expenses of $302K, and assets of $420K (revenue +1.0% year-over-year).
- 2016: Revenue of $323K, expenses of $335K, and assets of $402K (revenue +6.5% year-over-year).
- 2015: Revenue of $303K, expenses of $311K, and assets of $419K (revenue -4.3% year-over-year).
- 2014: Revenue of $317K, expenses of $291K, and assets of $434K (revenue +14.8% year-over-year).
- 2013: Revenue of $276K, expenses of $287K, and assets of $420K (revenue +1.6% year-over-year).
- 2012: Revenue of $272K, expenses of $280K, and assets of $373K (revenue -4.2% year-over-year).
- 2011: Revenue of $284K, expenses of $236K, and assets of $382K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Concord Hospital Associates Gift Shop:
Data Sources and Methodology
This transparency report for Concord Hospital Associates Gift Shop 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.