Greater Dover Chamber Of Commerce
Greater Dover Chamber Of Commerce shows consistent revenue with recent minor operating deficits and no reported officer compensation.
EIN: 20127246 · Dover, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $454K |
| Total Expenses | $489K |
| Program Spending | 80% |
| Net Assets | $424K |
| Transparency Score | 85/100 |
Is Greater Dover 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 Dover Chamber Of Commerce directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Dover Chamber Of Commerce
Greater Dover Chamber Of Commerce (EIN: 20127246) is a nonprofit organization based in Dover, NH. The organization reported total revenue of $454K and total assets of $659K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Dover Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Dover Chamber Of Commerce is a small nonprofit that has been operating for 48 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $452K |
| Total Expenses | $489K |
| Surplus / Deficit | $-37,190 |
| Total Assets | $747K |
| Total Liabilities | $323K |
| Net Assets | $424K |
| Operating Margin | -8.2% |
| Debt-to-Asset Ratio | 43.2% |
| Months of Reserves | 18.3 months |
Financial Health Grade: B
In 2023, Greater Dover Chamber Of Commerce reported a deficit of $37K with expenses exceeding revenue, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 43.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Greater Dover Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | +3.6% | -5.6% |
| 2022 | -14.2% | +8.4% | -8.5% |
| 2021 | +23.7% | +3.8% | +32.2% |
| 2020 | -18.1% | -10.5% | -6.0% |
| 2019 | -1.0% | -1.2% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1978 |
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 Dover Chamber Of Commerce 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Greater Dover Chamber Of Commerce allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or that it is negligible and not reported, which is highly favorable for a nonprofit of its 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 Dover Chamber Of Commerce's IRS 990 filings:
- Recent operating deficits in 2023 ($37,190) and 2022 ($44,775) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Greater Dover Chamber Of Commerce:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship.
- Stable revenue generation over the past decade, generally between $400,000 and $500,000.
- Healthy asset base, reaching $746,834 in 2023, providing financial resilience.
Frequently Asked Questions about Greater Dover Chamber Of Commerce
Is Greater Dover Chamber Of Commerce a legitimate charity?
Greater Dover Chamber Of Commerce (EIN: 20127246) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $454K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Greater Dover Chamber Of Commerce spend its money?
Greater Dover Chamber Of Commerce directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Greater Dover Chamber Of Commerce tax-deductible?
Greater Dover Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 20127246). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greater Dover Chamber Of Commerce's spending goes to programs?
Greater Dover Chamber Of Commerce directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Greater Dover Chamber Of Commerce located?
Greater Dover Chamber Of Commerce is headquartered in Dover, New Hampshire and files with the IRS under EIN 20127246.
How many years of IRS 990 filings does Greater Dover Chamber Of Commerce have?
Greater Dover Chamber Of Commerce has 14 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 $454K in total revenue.
Is Greater Dover Chamber Of Commerce financially stable?
While the organization has experienced minor operating deficits in the last two reported periods (2023 and 2022), its consistent revenue streams and substantial asset base ($746,834 in 2023) suggest a reasonable level of financial stability, though monitoring of expenses relative to revenue is warranted.
How does Greater Dover Chamber Of Commerce manage executive compensation?
The Greater Dover Chamber Of Commerce reports 0% officer compensation in all available IRS 990 filings, indicating a strong commitment to directing funds away from executive salaries.
What is the trend in the organization's assets and liabilities?
Assets have generally increased over the decade, reaching $746,834 in 2023, while liabilities have also seen an upward trend, reaching $322,924 in 2023. The asset-to-liability ratio remains healthy, indicating good financial standing.
Filing History
IRS 990 filing history for Greater Dover Chamber Of Commerce showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Greater Dover Chamber Of Commerce's revenue has grown by 34.9%, moving from $335K to $452K. Total assets increased by 7.5% over the same period, from $695K to $747K. Total functional expenses rose by 43.4%, from $341K to $489K. In its most recent filing year (2023), Greater Dover Chamber Of Commerce reported a deficit of $37K, with expenses exceeding revenue. The organization holds $323K in liabilities against $747K in assets (debt-to-asset ratio: 43.2%), resulting in net assets of $424K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $452K | $489K | $747K | $323K | — | View 990 |
| 2022 | $427K | $472K | $791K | $330K | — | View 990 |
| 2021 | $498K | $436K | $865K | $359K | — | View 990 |
| 2020 | $403K | $420K | $654K | $211K | — | View 990 |
| 2019 | $492K | $469K | $696K | $236K | — | View 990 |
| 2018 | $497K | $475K | $680K | $243K | — | View 990 |
| 2017 | $504K | $494K | $668K | $253K | — | View 990 |
| 2016 | $485K | $469K | $667K | $261K | — | View 990 |
| 2015 | $439K | $411K | $641K | $251K | — | View 990 |
| 2014 | $420K | $400K | $632K | $269K | — | View 990 |
| 2013 | $374K | $388K | $613K | $271K | — | View 990 |
| 2012 | $382K | $352K | $627K | $271K | — | View 990 |
| 2011 | $329K | $351K | $633K | $307K | — | View 990 |
| 2010 | $335K | $341K | $695K | $349K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $452K, expenses of $489K, and assets of $747K (revenue +5.8% year-over-year).
- 2022: Revenue of $427K, expenses of $472K, and assets of $791K (revenue -14.2% year-over-year).
- 2021: Revenue of $498K, expenses of $436K, and assets of $865K (revenue +23.7% year-over-year).
- 2020: Revenue of $403K, expenses of $420K, and assets of $654K (revenue -18.1% year-over-year).
- 2019: Revenue of $492K, expenses of $469K, and assets of $696K (revenue -1.0% year-over-year).
- 2018: Revenue of $497K, expenses of $475K, and assets of $680K (revenue -1.5% year-over-year).
- 2017: Revenue of $504K, expenses of $494K, and assets of $668K (revenue +4.0% year-over-year).
- 2016: Revenue of $485K, expenses of $469K, and assets of $667K (revenue +10.4% year-over-year).
- 2015: Revenue of $439K, expenses of $411K, and assets of $641K (revenue +4.6% year-over-year).
- 2014: Revenue of $420K, expenses of $400K, and assets of $632K (revenue +12.1% year-over-year).
- 2013: Revenue of $374K, expenses of $388K, and assets of $613K (revenue -2.1% year-over-year).
- 2012: Revenue of $382K, expenses of $352K, and assets of $627K (revenue +16.0% year-over-year).
- 2011: Revenue of $329K, expenses of $351K, and assets of $633K (revenue -1.7% year-over-year).
- 2010: Revenue of $335K, expenses of $341K, and assets of $695K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Dover Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Greater Dover 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.