Granite State Hydropower Assoc Inc

Granite State Hydropower Assoc Inc operates with minimal revenue and expenses, reporting a small surplus in its latest filing.

EIN: 20361143 · Boscawen, NH · NTEE: Y03 · Updated: 2026-03-28

$0Revenue

$0Assets

75/100Mission Score (Good)

Y03

About Granite State Hydropower Assoc Inc

Granite State Hydropower Assoc Inc (EIN: 20361143) is a nonprofit organization based in Boscawen, NH, classified under NTEE code Y03. 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 Granite State Hydropower Assoc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Granite State Hydropower Assoc Inc appears to be a very small organization with limited financial activity. In its most recent filing (2019), it reported $64,168 in revenue and $59,952 in expenses, resulting in a modest surplus. The organization holds minimal assets ($7,273) and no liabilities, indicating a stable but not substantial financial position. Given its size, the lack of reported officer compensation is typical and suggests a volunteer-driven or very lean operational structure. The organization's financial health is stable for its scale, but its overall impact is likely limited by its small budget.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Granite State Hydropower Assoc 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Granite State Hydropower Assoc Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No officer compensation was reported in the 2019 filing, which is appropriate for an organization of this size with only $64,168 in revenue.

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 Granite State Hydropower Assoc Inc's IRS 990 filings:

Limited financial data available (only one filing period provided)

Strengths

The following positive indicators were identified for Granite State Hydropower Assoc Inc:

No reported liabilities
No officer compensation reported, suggesting efficient use of funds for a small organization
Operated with a surplus in the reported period ($64,168 revenue vs. $59,952 expenses)

Frequently Asked Questions about Granite State Hydropower Assoc Inc

Is Granite State Hydropower Assoc Inc financially stable?

Yes, with $64,168 in revenue and $59,952 in expenses in 2019, the organization operated with a small surplus and no liabilities, indicating financial stability at its current scale.

How much of its budget goes to programs?

Based on the general financial profile and lack of specific detailed expense breakdowns for such a small organization, an estimated 80% of its expenses likely go towards program activities, given its low overhead and no reported officer compensation.

Filing History

IRS 990 filing history for Granite State Hydropower Assoc Inc showing financial trends over 1 year of public records:

In its most recent filing year (2019), Granite State Hydropower Assoc Inc reported a surplus of $4K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2019	$64K	$60K	$7K	$0	—	View 990

Data Sources and Methodology

This transparency report for Granite State Hydropower Assoc 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.