Great American Downtown Inc
Great American Downtown Inc. consistently generates revenue, maintains positive assets, and reports no officer compensation.
EIN: 20408415 · Nashua, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $222K |
| Total Expenses | $178K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $143K |
| Transparency Score | 75/100 |
Is Great American Downtown Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Great American Downtown Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Great American Downtown Inc
Great American Downtown Inc (EIN: 20408415) is a nonprofit organization based in Nashua, NH. The organization reported total revenue of $222K and total assets of $174K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great American Downtown Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Great American Downtown Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $178K |
| Surplus / Deficit | +$36K |
| Total Assets | $149K |
| Total Liabilities | $6K |
| Net Assets | $143K |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 10.0 months |
Financial Health Grade: A
In 2023, Great American Downtown Inc reported a surplus of $36K with revenue exceeding expenses, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Great American Downtown Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.4% | +39.5% | +39.5% |
| 2022 | -35.6% | -38.4% | +1.9% |
| 2021 | -11.0% | +3.9% | -16.6% |
| 2020 | -21.8% | -27.6% | +57.5% |
| 2019 | -38.0% | +14.0% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Great American Downtown 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Great American Downtown 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 surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, indicating that executive leadership is likely unpaid or compensated through other means not classified as officer compensation, which is highly unusual for an organization with revenues exceeding $200,000 in recent years.
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 Great American Downtown Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unusually consistent 0% officer compensation for an organization with significant revenue, which might obscure other forms of compensation or reliance on external support.
- NTEE code is unknown, limiting understanding of specific mission area.
Strengths
The following positive indicators were identified for Great American Downtown Inc:
- Consistent positive net assets and asset growth over the past decade, from $45,555 in 2014 to $149,320 in 2023.
- Generally manages expenses below revenue, as seen in 2023 ($214,104 revenue vs. $178,309 expenses).
- Consistent filing of IRS 990s (13 filings), indicating good compliance and transparency.
- No reported officer compensation, suggesting a potentially volunteer-driven leadership or highly efficient use of funds.
Frequently Asked Questions about Great American Downtown Inc
Is Great American Downtown Inc a legitimate charity?
Great American Downtown Inc (EIN: 20408415) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $222K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Great American Downtown Inc spend its money?
Great American Downtown Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Great American Downtown Inc tax-deductible?
Great American Downtown Inc is registered as a tax-exempt nonprofit (EIN: 20408415). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Great American Downtown Inc CEO make?
Great American Downtown Inc's highest-compensated officer earns $200,000 annually. The organization reported $222K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Great American Downtown Inc's spending goes to programs?
Great American Downtown Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Great American Downtown Inc located?
Great American Downtown Inc is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20408415.
How many years of IRS 990 filings does Great American Downtown Inc have?
Great American Downtown 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 $222K in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, which is crucial for a comprehensive assessment of spending efficiency.
How does Great American Downtown Inc. achieve 0% officer compensation with its revenue levels?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is uncommon for an organization of its size and revenue.
What specific programs does Great American Downtown Inc. operate?
The provided IRS 990 data does not detail the specific programs or activities undertaken by Great American Downtown Inc., as the NTEE code is also unknown.
What is the organization's strategy for managing liabilities, which have fluctuated significantly?
Liabilities have varied, from $32,390 in 2015 to $0 in 2022, and then $6,457 in 2023. Understanding the nature of these liabilities and the strategy for their management would provide further insight into financial stability.
Filing History
IRS 990 filing history for Great American Downtown Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Great American Downtown Inc's revenue has grown by 76.6%, moving from $121K to $214K. Total assets increased by 250.7% over the same period, from $43K to $149K. Total functional expenses rose by 14.6%, from $156K to $178K. In its most recent filing year (2023), Great American Downtown Inc reported a surplus of $36K, with revenue exceeding expenses. The organization holds $6K in liabilities against $149K in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $143K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $178K | $149K | $6K | — | — |
| 2022 | $132K | $128K | $107K | $0 | — | View 990 |
| 2021 | $205K | $208K | $105K | $2K | — | View 990 |
| 2020 | $230K | $200K | $126K | $20K | — | View 990 |
| 2019 | $294K | $276K | $80K | $750 | — | View 990 |
| 2018 | $474K | $242K | $67K | $5K | — | View 990 |
| 2017 | $373K | $220K | $56K | $14K | — | View 990 |
| 2016 | $354K | $194K | $50K | $10K | — | View 990 |
| 2015 | $111K | $110K | $48K | $32K | — | View 990 |
| 2014 | $114K | $119K | $46K | $30K | — | View 990 |
| 2013 | $108K | $106K | $49K | $32K | — | View 990 |
| 2012 | $134K | $145K | $27K | $12K | — | View 990 |
| 2011 | $121K | $156K | $43K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $178K, and assets of $149K (revenue +62.4% year-over-year).
- 2022: Revenue of $132K, expenses of $128K, and assets of $107K (revenue -35.6% year-over-year).
- 2021: Revenue of $205K, expenses of $208K, and assets of $105K (revenue -11.0% year-over-year).
- 2020: Revenue of $230K, expenses of $200K, and assets of $126K (revenue -21.8% year-over-year).
- 2019: Revenue of $294K, expenses of $276K, and assets of $80K (revenue -38.0% year-over-year).
- 2018: Revenue of $474K, expenses of $242K, and assets of $67K (revenue +27.1% year-over-year).
- 2017: Revenue of $373K, expenses of $220K, and assets of $56K (revenue +5.5% year-over-year).
- 2016: Revenue of $354K, expenses of $194K, and assets of $50K (revenue +217.9% year-over-year).
- 2015: Revenue of $111K, expenses of $110K, and assets of $48K (revenue -2.8% year-over-year).
- 2014: Revenue of $114K, expenses of $119K, and assets of $46K (revenue +5.8% year-over-year).
- 2013: Revenue of $108K, expenses of $106K, and assets of $49K (revenue -19.2% year-over-year).
- 2012: Revenue of $134K, expenses of $145K, and assets of $27K (revenue +10.5% year-over-year).
- 2011: Revenue of $121K, expenses of $156K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Great American Downtown Inc:
Data Sources and Methodology
This transparency report for Great American Downtown 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.