Greater Portsmouth Chamber Of Commerce Foundation Inc
Greater Portsmouth Chamber Of Commerce Foundation Inc. reports zero revenue and assets, indicating dormancy or dissolution.
EIN: 20480365 · Portsmouth, NH · NTEE: S20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $615 |
| Net Assets | $5K |
| Transparency Score | 20/100 |
Is Greater Portsmouth Chamber Of Commerce Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Portsmouth Chamber Of Commerce Foundation Inc
Greater Portsmouth Chamber Of Commerce Foundation Inc (EIN: 20480365) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code S20Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Portsmouth Chamber Of Commerce Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Portsmouth Chamber Of Commerce Foundation Inc is a micro nonprofit that has been operating for 29 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -87.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $2 |
| Total Expenses | $615 |
| Surplus / Deficit | $-613 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -30650.0% |
| Months of Reserves | 94.2 months |
Financial Health Grade: B
In 2014, Greater Portsmouth Chamber Of Commerce Foundation Inc reported a deficit of $613 with expenses exceeding revenue, holds 94.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Greater Portsmouth Chamber Of Commerce Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -87.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -99.1% | -37.1% | -11.3% |
| 2013 | +47.0% | +38.6% | -12.2% |
| 2012 | -85.7% | -79.5% | -8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Portsmouth Chamber Of Commerce Foundation Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Greater Portsmouth Chamber Of Commerce Foundation Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $613, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% of expenses across all available filings, indicating no paid officers or a fully volunteer-run structure, which is appropriate given the organization's minimal to non-existent financial activity.
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 Portsmouth Chamber Of Commerce Foundation Inc's IRS 990 filings:
- Zero revenue and assets in the latest filing, suggesting inactivity or dissolution.
- Consistent negative net income, with expenses always exceeding revenue in active periods.
Strengths
The following positive indicators were identified for Greater Portsmouth Chamber Of Commerce Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating no paid executive staff.
- Regular filing of IRS Form 990-EZ, demonstrating basic compliance even with minimal activity.
Frequently Asked Questions about Greater Portsmouth Chamber Of Commerce Foundation Inc
Is Greater Portsmouth Chamber Of Commerce Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Portsmouth Chamber Of Commerce Foundation Inc (EIN: 20480365) significant concerns. Mission Score: 20/100. 2 red flags identified, 2 strengths noted.
How does Greater Portsmouth Chamber Of Commerce Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Greater Portsmouth Chamber Of Commerce Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Greater Portsmouth Chamber Of Commerce Foundation Inc tax-deductible?
Greater Portsmouth Chamber Of Commerce Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20480365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Greater Portsmouth Chamber Of Commerce Foundation Inc compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Greater Portsmouth Chamber Of Commerce Foundation Inc is below average for NTEE category S20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greater Portsmouth Chamber Of Commerce Foundation Inc located?
Greater Portsmouth Chamber Of Commerce Foundation Inc is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20480365. It is classified under NTEE code S20Z.
How many years of IRS 990 filings does Greater Portsmouth Chamber Of Commerce Foundation Inc have?
Greater Portsmouth Chamber Of Commerce Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Greater Portsmouth Chamber Of Commerce Foundation Inc. currently active?
Based on the latest filing showing $0 revenue and $0 assets, the organization appears to be inactive or has ceased operations.
What was the primary source of funding for this organization?
Given the minimal revenue reported in previous years (e.g., $1,039 in 2011), it's difficult to ascertain a primary source, but it was likely from small contributions or membership fees, typical for a chamber foundation.
Why did the assets decline to $0?
Assets declined from $6,756 in 2011 to $0 in 2014 because expenses consistently exceeded revenue in all reported periods, depleting the organization's financial reserves.
Filing History
IRS 990 filing history for Greater Portsmouth Chamber Of Commerce Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Greater Portsmouth Chamber Of Commerce Foundation Inc's revenue has declined by 99.8%, moving from $1K to $2. Total assets decreased by 28.5% over the same period, from $7K to $5K. Total functional expenses fell by 82.1%, from $3K to $615. In its most recent filing year (2014), Greater Portsmouth Chamber Of Commerce Foundation Inc reported a deficit of $613, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $2 | $615 | $5K | $0 | — | View 990 |
| 2013 | $219 | $977 | $5K | $0 | — | View 990 |
| 2012 | $149 | $705 | $6K | $0 | — | View 990 |
| 2011 | $1K | $3K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $2, expenses of $615, and assets of $5K (revenue -99.1% year-over-year).
- 2013: Revenue of $219, expenses of $977, and assets of $5K (revenue +47.0% year-over-year).
- 2012: Revenue of $149, expenses of $705, and assets of $6K (revenue -85.7% year-over-year).
- 2011: Revenue of $1K, expenses of $3K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Portsmouth Chamber Of Commerce Foundation Inc:
Data Sources and Methodology
This transparency report for Greater Portsmouth Chamber Of Commerce Foundation 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.