Greater Derry Chamber Of Commerce
Greater Derry Chamber Of Commerce maintains stable operations but faces increasing liabilities relative to assets.
EIN: 20268688 · Derry, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $125K |
| Program Spending | 70% |
| Net Assets | $-24,484 |
| Transparency Score | 65/100 |
Is Greater Derry Chamber Of Commerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Derry Chamber Of Commerce directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Greater Derry Chamber Of Commerce
Greater Derry Chamber Of Commerce (EIN: 20268688) is a nonprofit organization based in Derry, NH. The organization reported total revenue of $164K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Derry Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Derry Chamber Of Commerce is a small nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $125K |
| Surplus / Deficit | +$3K |
| Total Assets | $36K |
| Total Liabilities | $60K |
| Net Assets | $-24,484 |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 168.7% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Greater Derry Chamber Of Commerce reported a surplus of $3K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 168.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Derry Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.5% | -12.3% | +21.2% |
| 2022 | +8.7% | -4.3% | -39.6% |
| 2021 | -29.1% | +4.9% | -43.8% |
| 2020 | +4.3% | -2.4% | +161.0% |
| 2019 | +22.0% | +10.8% | +25.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1967 |
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 Greater Derry Chamber Of Commerce with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Greater Derry Chamber Of Commerce allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 168.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that officers are either unpaid volunteers or compensated through other means not categorized as officer compensation, which is a positive indicator for a small organization of this size.
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 Greater Derry Chamber Of Commerce's IRS 990 filings:
- Liabilities ($60,142 in 202312) significantly exceed assets ($35,658 in 202312), indicating potential financial strain or reliance on debt.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits assessment of spending efficiency.
Strengths
The following positive indicators were identified for Greater Derry Chamber Of Commerce:
- Consistent revenue generation, typically between $100,000 and $150,000 annually, demonstrating operational stability.
- Long history of IRS 990 filings (13 filings), indicating a commitment to regulatory compliance and transparency.
- Reported 0% officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Frequently Asked Questions about Greater Derry Chamber Of Commerce
Is Greater Derry Chamber Of Commerce a legitimate charity?
Greater Derry Chamber Of Commerce (EIN: 20268688) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $164K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Greater Derry Chamber Of Commerce spend its money?
Greater Derry Chamber Of Commerce directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Greater Derry Chamber Of Commerce tax-deductible?
Greater Derry Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 20268688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greater Derry Chamber Of Commerce's spending goes to programs?
Greater Derry Chamber Of Commerce directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Greater Derry Chamber Of Commerce located?
Greater Derry Chamber Of Commerce is headquartered in Derry, New Hampshire and files with the IRS under EIN 20268688.
How many years of IRS 990 filings does Greater Derry Chamber Of Commerce have?
Greater Derry Chamber Of Commerce 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 $164K 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, making it difficult to precisely assess spending efficiency.
Why have liabilities significantly increased in recent years?
Liabilities have risen from $0 in 201912 to $60,142 in 202312, exceeding assets. The reason for this increase is not specified in the provided data and would require further investigation into the organization's financial statements.
How does the organization manage its cash flow given the fluctuating asset and liability levels?
The organization's assets have fluctuated, for example, from $86,710 in 202012 down to $35,658 in 202312, while liabilities have grown. This suggests potential cash flow management challenges or strategic financial decisions that are not detailed in the summary data.
Filing History
IRS 990 filing history for Greater Derry Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Derry Chamber Of Commerce's revenue has grown by 64.5%, moving from $78K to $128K. Total assets increased by 60.7% over the same period, from $22K to $36K. Total functional expenses rose by 72.1%, from $73K to $125K. In its most recent filing year (2023), Greater Derry Chamber Of Commerce reported a surplus of $3K, with revenue exceeding expenses. The organization holds $60K in liabilities against $36K in assets (debt-to-asset ratio: 168.7%), resulting in net assets of $-24,484.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $125K | $36K | $60K | — | — |
| 2022 | $122K | $143K | $29K | $57K | — | View 990 |
| 2021 | $113K | $149K | $49K | $57K | — | View 990 |
| 2020 | $159K | $142K | $87K | $57K | — | View 990 |
| 2019 | $152K | $146K | $33K | $0 | — | — |
| 2018 | $125K | $131K | $27K | $8 | — | View 990 |
| 2017 | $98K | $100K | $33K | $0 | — | View 990 |
| 2016 | $117K | $118K | $35K | $0 | — | View 990 |
| 2015 | $119K | $116K | $36K | $0 | — | View 990 |
| 2014 | $108K | $100K | $33K | $0 | — | View 990 |
| 2013 | $105K | $102K | $25K | $0 | — | View 990 |
| 2012 | $80K | $79K | $24K | $1K | — | View 990 |
| 2011 | $78K | $73K | $22K | $418 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $125K, and assets of $36K (revenue +4.5% year-over-year).
- 2022: Revenue of $122K, expenses of $143K, and assets of $29K (revenue +8.7% year-over-year).
- 2021: Revenue of $113K, expenses of $149K, and assets of $49K (revenue -29.1% year-over-year).
- 2020: Revenue of $159K, expenses of $142K, and assets of $87K (revenue +4.3% year-over-year).
- 2019: Revenue of $152K, expenses of $146K, and assets of $33K (revenue +22.0% year-over-year).
- 2018: Revenue of $125K, expenses of $131K, and assets of $27K (revenue +28.0% year-over-year).
- 2017: Revenue of $98K, expenses of $100K, and assets of $33K (revenue -16.5% year-over-year).
- 2016: Revenue of $117K, expenses of $118K, and assets of $35K (revenue -2.3% year-over-year).
- 2015: Revenue of $119K, expenses of $116K, and assets of $36K (revenue +10.6% year-over-year).
- 2014: Revenue of $108K, expenses of $100K, and assets of $33K (revenue +3.2% year-over-year).
- 2013: Revenue of $105K, expenses of $102K, and assets of $25K (revenue +31.4% year-over-year).
- 2012: Revenue of $80K, expenses of $79K, and assets of $24K (revenue +2.4% year-over-year).
- 2011: Revenue of $78K, expenses of $73K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Derry Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Greater Derry Chamber Of Commerce 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.