Drakes Island Improvement Association
Drakes Island Improvement Association reports no financial activity in its latest filing.
EIN: 10242654 · Nashua, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Transparency Score | 60/100 |
Is Drakes Island Improvement Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Drakes Island Improvement Association directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Drakes Island Improvement Association
Drakes Island Improvement Association (EIN: 10242654) is a nonprofit organization based in Nashua, 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 Drakes Island Improvement Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Drakes Island Improvement Association with a Mission Score of 60 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Drakes Island Improvement Association allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No executive compensation was reported, which is consistent with an organization reporting $0 in revenue and assets, suggesting a volunteer-led structure.
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 Drakes Island Improvement Association's IRS 990 filings:
- Lack of financial data makes assessment difficult
Strengths
The following positive indicators were identified for Drakes Island Improvement Association:
- Basic compliance with IRS filing requirements despite no financial activity
- Likely volunteer-driven given zero reported revenue and assets
Frequently Asked Questions about Drakes Island Improvement Association
Is Drakes Island Improvement Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Drakes Island Improvement Association (EIN: 10242654) some concerns. Mission Score: 60/100. 1 red flag identified, 2 strengths noted.
How does Drakes Island Improvement Association spend its money?
Drakes Island Improvement Association directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Drakes Island Improvement Association tax-deductible?
Drakes Island Improvement Association is registered as a tax-exempt nonprofit (EIN: 10242654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Drakes Island Improvement Association CEO make?
Drakes Island Improvement Association's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
Where is Drakes Island Improvement Association located?
Drakes Island Improvement Association is headquartered in Nashua, New Hampshire and files with the IRS under EIN 10242654.
Is Drakes Island Improvement Association a good charity?
Based on the available IRS 990 data showing $0 in revenue and assets, it's not possible to evaluate Drakes Island Improvement Association as a 'charity' in the traditional financial sense. It appears to be a very small, likely volunteer-run community association with no reported financial transactions.
How does Drakes Island Improvement Association fund its operations?
The latest IRS 990-EZ filing indicates $0 in revenue, suggesting that the organization either operates without financial transactions, is entirely volunteer-driven, or its funding mechanisms are not captured in the standard revenue categories reported on the 990-EZ.
Data Sources and Methodology
This transparency report for Drakes Island Improvement Association 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.