Great Bay Stewards Inc
Great Bay Stewards Inc. shows strong financial growth and zero liabilities, with no reported officer compensation.
EIN: 20482897 · Greenland, NH · NTEE: C300 · Updated: 2026-03-28
Is Great Bay Stewards Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Great Bay Stewards Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Great Bay Stewards Inc
Great Bay Stewards Inc (EIN: 20482897) is a nonprofit organization based in Greenland, NH, classified under NTEE code C300. The organization reported total revenue of $635K and total assets of $825K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great Bay Stewards Inc'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 Great Bay Stewards 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, Great Bay Stewards 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is highly unusual for an organization of this size and 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 Great Bay Stewards Inc's IRS 990 filings:
- Unusually consistent 0% officer compensation, which may warrant further inquiry into executive compensation structure.
Strengths
The following positive indicators were identified for Great Bay Stewards Inc:
- Strong financial health with consistent surpluses in recent years (e.g., $761,613 revenue vs. $468,824 expenses in 2023).
- Zero reported liabilities across all available filings, indicating excellent fiscal management and no debt.
- Significant growth in assets, reaching $1,317,172 in 2023, demonstrating effective resource accumulation.
- Consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.
- No reported officer compensation, suggesting resources are directed towards mission-related activities.
Frequently Asked Questions about Great Bay Stewards Inc
Is Great Bay Stewards Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Great Bay Stewards Inc (EIN: 20482897) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Great Bay Stewards Inc spend its money?
Great Bay Stewards Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Great Bay Stewards Inc tax-deductible?
Great Bay Stewards Inc is registered as a tax-exempt nonprofit (EIN: 20482897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Great Bay Stewards Inc. manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's executive leadership may be entirely volunteer-based, or that compensation is structured in a way that it is not reported under 'officer compensation' on the IRS Form 990. Further investigation into their operational structure and staffing would be needed to fully understand this.
What is the primary driver behind the significant revenue fluctuation observed, such as the jump to $1,291,229 in 2019 and $761,613 in 2023?
The substantial fluctuations in revenue, particularly the peak in 2019 and the strong performance in 2023, suggest reliance on grants, large individual donations, or specific project funding that can vary significantly year-to-year. This indicates potential project-based funding or successful fundraising campaigns in those periods.
Given the consistent surpluses, how does Great Bay Stewards Inc. plan to utilize its growing asset base?
With assets growing to $1,317,172 in 2023 and consistent surpluses, the organization is building significant reserves. Understanding their strategy for utilizing these assets – whether for future projects, endowment building, or operational stability – would provide insight into their long-term financial planning.
Filing History
IRS 990 filing history for Great Bay Stewards Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Great Bay Stewards Inc's revenue has grown by 1086.6%, moving from $64K to $762K. Total assets increased by 803.6% over the same period, from $146K to $1.3M. Total functional expenses rose by 500.3%, from $78K to $469K. In its most recent filing year (2023), Great Bay Stewards Inc reported a surplus of $293K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $762K | $469K | $1.3M | $0 | — | — |
| 2022 | $394K | $437K | $985K | $0 | — | View 990 |
| 2021 | $151K | $196K | $1.1M | $0 | — | View 990 |
| 2020 | $286K | $355K | $1.1M | $0 | — | — |
| 2019 | $1.3M | $433K | $1.1M | $0 | — | View 990 |
| 2018 | $309K | $287K | $205K | $0 | — | View 990 |
| 2017 | $207K | $210K | $183K | $0 | — | View 990 |
| 2016 | $211K | $260K | $185K | $0 | — | View 990 |
| 2015 | $217K | $145K | $252K | $1K | — | View 990 |
| 2014 | $165K | $140K | $180K | $967 | — | View 990 |
| 2013 | $83K | $85K | $155K | $1K | — | View 990 |
| 2012 | $87K | $76K | $156K | $236 | — | View 990 |
| 2011 | $64K | $78K | $146K | $307 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $762K, expenses of $469K, and assets of $1.3M (revenue +93.3% year-over-year).
- 2022: Revenue of $394K, expenses of $437K, and assets of $985K (revenue +161.1% year-over-year).
- 2021: Revenue of $151K, expenses of $196K, and assets of $1.1M (revenue -47.3% year-over-year).
- 2020: Revenue of $286K, expenses of $355K, and assets of $1.1M (revenue -77.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $433K, and assets of $1.1M (revenue +317.8% year-over-year).
- 2018: Revenue of $309K, expenses of $287K, and assets of $205K (revenue +49.1% year-over-year).
- 2017: Revenue of $207K, expenses of $210K, and assets of $183K (revenue -1.9% year-over-year).
- 2016: Revenue of $211K, expenses of $260K, and assets of $185K (revenue -2.6% year-over-year).
- 2015: Revenue of $217K, expenses of $145K, and assets of $252K (revenue +31.4% year-over-year).
- 2014: Revenue of $165K, expenses of $140K, and assets of $180K (revenue +99.6% year-over-year).
- 2013: Revenue of $83K, expenses of $85K, and assets of $155K (revenue -4.9% year-over-year).
- 2012: Revenue of $87K, expenses of $76K, and assets of $156K (revenue +35.6% year-over-year).
- 2011: Revenue of $64K, expenses of $78K, and assets of $146K.
Data Sources and Methodology
This transparency report for Great Bay Stewards 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.