Gorham Community Learning Center Inc
Gorham Community Learning Center Inc maintains stable operations with no officer compensation reported.
EIN: 20342693 · Gorham, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $712K |
| Total Expenses | $455K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $450,000. |
| Net Assets | $57K |
| Transparency Score | 88/100 |
Is Gorham Community Learning Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gorham Community Learning Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gorham Community Learning Center Inc
Gorham Community Learning Center Inc (EIN: 20342693) is a nonprofit organization based in Gorham, NH. The organization reported total revenue of $712K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gorham Community Learning Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gorham Community Learning Center Inc is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $451K |
| Total Expenses | $455K |
| Surplus / Deficit | $-4,204 |
| Total Assets | $70K |
| Total Liabilities | $13K |
| Net Assets | $57K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 18.7% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Gorham Community Learning Center Inc reported a deficit of $4K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 18.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gorham Community Learning Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.1% | +29.8% | -3.5% |
| 2022 | +62.9% | +19.1% | +5.4% |
| 2021 | +1.5% | +44.8% | -2.9% |
| 2020 | -17.0% | -29.1% | +49.9% |
| 2019 | +1.6% | -2.4% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Gorham Community Learning Center Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Gorham Community Learning Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-led or very lean administrative structure, which is highly favorable for a nonprofit of its size, with recent revenues around $450,000.
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 Gorham Community Learning Center Inc's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code can make it harder to categorize and compare the organization's mission and performance with similar nonprofits.
Strengths
The following positive indicators were identified for Gorham Community Learning Center Inc:
- Zero Officer Compensation: Consistently reporting 0% officer compensation across all filings is a significant strength, indicating high efficiency in directing funds to programs.
- Revenue Growth: Demonstrated substantial revenue growth from $242,800 in 2021 to $451,284 in 2023, indicating increasing support and capacity.
- Stable Financial Operations: Expenses generally align closely with revenue, suggesting prudent financial management and avoiding significant deficits.
- Healthy Asset-to-Liability Ratio: A 2023 ratio of approximately 5.35:1 indicates good financial stability and ability to cover short-term obligations.
Frequently Asked Questions about Gorham Community Learning Center Inc
Is Gorham Community Learning Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gorham Community Learning Center Inc (EIN: 20342693) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Gorham Community Learning Center Inc spend its money?
Gorham Community Learning Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gorham Community Learning Center Inc tax-deductible?
Gorham Community Learning Center Inc is registered as a tax-exempt nonprofit (EIN: 20342693). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gorham Community Learning Center Inc CEO make?
Gorham Community Learning Center Inc's highest-compensated officer earns $450,000. annually. The organization reported $712K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gorham Community Learning Center Inc's spending goes to programs?
Gorham Community Learning Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Gorham Community Learning Center Inc located?
Gorham Community Learning Center Inc is headquartered in Gorham, New Hampshire and files with the IRS under EIN 20342693.
How many years of IRS 990 filings does Gorham Community Learning Center Inc have?
Gorham Community Learning Center Inc has 13 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 $712K in total revenue.
Is Gorham Community Learning Center Inc a good charity?
Based on the available financial data, Gorham Community Learning Center Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating that funds are directed towards its mission. Its spending is generally in line with its revenue, and it has shown growth in revenue over recent years.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown a positive trend in recent years, increasing from $242,800 in 2021 to $395,575 in 2022, and further to $451,284 in 2023.
What is the organization's asset-to-liability ratio?
In 2023, the organization had assets of $70,498 and liabilities of $13,164, resulting in an asset-to-liability ratio of approximately 5.35:1, which indicates a healthy financial position.
Filing History
IRS 990 filing history for Gorham Community Learning Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gorham Community Learning Center Inc's revenue has grown by 42.8%, moving from $316K to $451K. Total assets decreased by 15.7% over the same period, from $84K to $70K. Total functional expenses rose by 50.9%, from $302K to $455K. In its most recent filing year (2023), Gorham Community Learning Center Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $13K in liabilities against $70K in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $451K | $455K | $70K | $13K | — | — |
| 2022 | $396K | $351K | $73K | $12K | — | View 990 |
| 2021 | $243K | $295K | $69K | $52K | — | View 990 |
| 2020 | $239K | $204K | $71K | $2K | — | View 990 |
| 2019 | $288K | $287K | $48K | $14K | — | View 990 |
| 2018 | $283K | $294K | $50K | $18K | — | View 990 |
| 2017 | $278K | $287K | $55K | $12K | — | View 990 |
| 2016 | $278K | $280K | $57K | $4K | — | View 990 |
| 2015 | $302K | $273K | $56K | $1K | — | View 990 |
| 2014 | $269K | $330K | $32K | $6K | — | View 990 |
| 2013 | $302K | $321K | $87K | $0 | — | View 990 |
| 2012 | $339K | $309K | $109K | $2K | — | View 990 |
| 2011 | $316K | $302K | $84K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $451K, expenses of $455K, and assets of $70K (revenue +14.1% year-over-year).
- 2022: Revenue of $396K, expenses of $351K, and assets of $73K (revenue +62.9% year-over-year).
- 2021: Revenue of $243K, expenses of $295K, and assets of $69K (revenue +1.5% year-over-year).
- 2020: Revenue of $239K, expenses of $204K, and assets of $71K (revenue -17.0% year-over-year).
- 2019: Revenue of $288K, expenses of $287K, and assets of $48K (revenue +1.6% year-over-year).
- 2018: Revenue of $283K, expenses of $294K, and assets of $50K (revenue +2.0% year-over-year).
- 2017: Revenue of $278K, expenses of $287K, and assets of $55K (revenue -0.2% year-over-year).
- 2016: Revenue of $278K, expenses of $280K, and assets of $57K (revenue -7.7% year-over-year).
- 2015: Revenue of $302K, expenses of $273K, and assets of $56K (revenue +12.3% year-over-year).
- 2014: Revenue of $269K, expenses of $330K, and assets of $32K (revenue -11.2% year-over-year).
- 2013: Revenue of $302K, expenses of $321K, and assets of $87K (revenue -10.8% year-over-year).
- 2012: Revenue of $339K, expenses of $309K, and assets of $109K (revenue +7.2% year-over-year).
- 2011: Revenue of $316K, expenses of $302K, and assets of $84K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gorham Community Learning Center Inc:
Data Sources and Methodology
This transparency report for Gorham Community Learning Center 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.