Granite State South Board Of Realtors Inc
Granite State South Board Of Realtors Inc maintains stable finances with no reported officer compensation.
EIN: 20330613 · Londonderry, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $266K |
| Total Expenses | $256K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $250,000. |
| Net Assets | $547K |
| Transparency Score | 85/100 |
Is Granite State South Board Of Realtors Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Granite State South Board Of Realtors Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Granite State South Board Of Realtors Inc
Granite State South Board Of Realtors Inc (EIN: 20330613) is a nonprofit organization based in Londonderry, NH. The organization reported total revenue of $266K and total assets of $753K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Granite State South Board Of Realtors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Granite State South Board Of Realtors Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $265K |
| Total Expenses | $256K |
| Surplus / Deficit | +$8K |
| Total Assets | $702K |
| Total Liabilities | $155K |
| Net Assets | $547K |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 22.1% |
| Months of Reserves | 32.8 months |
Financial Health Grade: A
In 2023, Granite State South Board Of Realtors Inc reported a surplus of $8K with revenue exceeding expenses, holds 32.8 months of operating reserves (strong position), has a debt-to-asset ratio of 22.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Granite State South Board Of Realtors Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +7.8% | -8.2% |
| 2022 | +1.8% | +14.7% | +4.9% |
| 2021 | +7.4% | +20.1% | +12.9% |
| 2020 | -2.8% | -19.9% | +4.5% |
| 2019 | +6.0% | +8.5% | +19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Granite State South Board Of Realtors Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Granite State South Board Of Realtors 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with annual revenues around $250,000.
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.
Strengths
The following positive indicators were identified for Granite State South Board Of Realtors Inc:
- Consistent financial stability with stable revenues and controlled expenses.
- Steady growth in assets, increasing from $497,527 in 2014 to $701,872 in 2023.
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Positive net income in most recent filing (202312: Revenue $264,932 vs. Expenses $256,487).
Frequently Asked Questions about Granite State South Board Of Realtors Inc
Is Granite State South Board Of Realtors Inc a legitimate charity?
Granite State South Board Of Realtors Inc (EIN: 20330613) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $266K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Granite State South Board Of Realtors Inc spend its money?
Granite State South Board Of Realtors Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Granite State South Board Of Realtors Inc tax-deductible?
Granite State South Board Of Realtors Inc is registered as a tax-exempt nonprofit (EIN: 20330613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Granite State South Board Of Realtors Inc CEO make?
Granite State South Board Of Realtors Inc's highest-compensated officer earns $250,000. annually. The organization reported $266K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Granite State South Board Of Realtors Inc's spending goes to programs?
Granite State South Board Of Realtors Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Granite State South Board Of Realtors Inc located?
Granite State South Board Of Realtors Inc is headquartered in Londonderry, New Hampshire and files with the IRS under EIN 20330613.
How many years of IRS 990 filings does Granite State South Board Of Realtors Inc have?
Granite State South Board Of Realtors 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 $266K in total revenue.
Is Granite State South Board Of Realtors Inc a good charity?
Based on the available financial data, Granite State South Board Of Realtors Inc appears to be a well-managed and financially stable organization. Its consistent revenue, growing assets, and zero officer compensation are strong positive indicators.
How has the organization's financial health changed over time?
The organization has shown consistent financial health, with revenues remaining stable around $250,000 annually and assets steadily growing from $497,527 in 2014 to $701,872 in 2023. Expenses have also been well-managed relative to revenue.
What is the organization's approach to executive compensation?
Granite State South Board Of Realtors Inc reports 0% officer compensation in all available filings, indicating that its leadership serves on a volunteer basis, which is a significant strength in terms of financial efficiency and transparency.
Filing History
IRS 990 filing history for Granite State South Board Of Realtors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Granite State South Board Of Realtors Inc's revenue has grown by 29.6%, moving from $204K to $265K. Total assets increased by 49.7% over the same period, from $469K to $702K. Total functional expenses rose by 30.2%, from $197K to $256K. In its most recent filing year (2023), Granite State South Board Of Realtors Inc reported a surplus of $8K, with revenue exceeding expenses. The organization holds $155K in liabilities against $702K in assets (debt-to-asset ratio: 22.1%), resulting in net assets of $547K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $265K | $256K | $702K | $155K | — | — |
| 2022 | $267K | $238K | $765K | $227K | — | — |
| 2021 | $263K | $207K | $729K | $220K | — | View 990 |
| 2020 | $244K | $173K | $646K | $192K | — | View 990 |
| 2019 | $252K | $216K | $618K | $222K | — | — |
| 2018 | $237K | $199K | $519K | $159K | — | View 990 |
| 2017 | $245K | $204K | $662K | $340K | — | View 990 |
| 2016 | $221K | $185K | $617K | $335K | — | View 990 |
| 2015 | $211K | $175K | $588K | $343K | — | View 990 |
| 2014 | $214K | $202K | $498K | $288K | — | View 990 |
| 2013 | $217K | $193K | $535K | $337K | — | View 990 |
| 2012 | $186K | $168K | $488K | $314K | — | View 990 |
| 2011 | $204K | $197K | $469K | $313K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $265K, expenses of $256K, and assets of $702K (revenue -0.9% year-over-year).
- 2022: Revenue of $267K, expenses of $238K, and assets of $765K (revenue +1.8% year-over-year).
- 2021: Revenue of $263K, expenses of $207K, and assets of $729K (revenue +7.4% year-over-year).
- 2020: Revenue of $244K, expenses of $173K, and assets of $646K (revenue -2.8% year-over-year).
- 2019: Revenue of $252K, expenses of $216K, and assets of $618K (revenue +6.0% year-over-year).
- 2018: Revenue of $237K, expenses of $199K, and assets of $519K (revenue -3.1% year-over-year).
- 2017: Revenue of $245K, expenses of $204K, and assets of $662K (revenue +10.9% year-over-year).
- 2016: Revenue of $221K, expenses of $185K, and assets of $617K (revenue +4.8% year-over-year).
- 2015: Revenue of $211K, expenses of $175K, and assets of $588K (revenue -1.5% year-over-year).
- 2014: Revenue of $214K, expenses of $202K, and assets of $498K (revenue -1.5% year-over-year).
- 2013: Revenue of $217K, expenses of $193K, and assets of $535K (revenue +16.4% year-over-year).
- 2012: Revenue of $186K, expenses of $168K, and assets of $488K (revenue -8.8% year-over-year).
- 2011: Revenue of $204K, expenses of $197K, and assets of $469K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Granite State South Board Of Realtors Inc:
Data Sources and Methodology
This transparency report for Granite State South Board Of Realtors 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.