Greater Rockingham Area Endowment Trust Inc
Greater Rockingham Area Endowment Trust: Strong Asset Growth, Low Overhead
EIN: 222678013 · Bellows Falls, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $411K |
| Total Expenses | $61K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Greater Rockingham Area Endowment Trust Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Rockingham Area Endowment Trust Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Rockingham Area Endowment Trust Inc
Greater Rockingham Area Endowment Trust Inc (EIN: 222678013) is a nonprofit organization based in Bellows Falls, VT. The organization reported total revenue of $411K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Rockingham Area Endowment Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Rockingham Area Endowment Trust Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $61K |
| Surplus / Deficit | $-39,390 |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | -181.1% |
| Months of Reserves | 208.7 months |
Financial Health Grade: B
In 2023, Greater Rockingham Area Endowment Trust Inc reported a deficit of $39K with expenses exceeding revenue, holds 208.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Greater Rockingham Area Endowment Trust Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.9% | +338.2% | +2.2% |
| 2022 | +755.7% | +12.9% | +7.3% |
| 2021 | -91.5% | -18.7% | -18.8% |
| 2020 | -17.1% | -77.8% | +5.2% |
| 2019 | +577.3% | +186.8% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Rockingham Area Endowment Trust Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Greater Rockingham Area Endowment Trust Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $39K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported, with Form 990 filings consistently showing $0 for all officers, directors, trustees, and key employees, suggesting a volunteer-led or externally managed structure.
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.
Strengths
The following positive indicators were identified for Greater Rockingham Area Endowment Trust Inc:
- Consistent asset growth from $969,942 in 2021 to $1,171,644 in 2023, indicating strong financial stewardship.
- Extremely low overhead expenses relative to assets and revenue, with total expenses (x) consistently low across reported years.
- Zero reported compensation for executives and key personnel, suggesting efficient use of funds for mission-related activities.
- Positive net assets and consistent revenue generation over multiple years.
Frequently Asked Questions about Greater Rockingham Area Endowment Trust Inc
Is Greater Rockingham Area Endowment Trust Inc a legitimate charity?
Greater Rockingham Area Endowment Trust Inc (EIN: 222678013) is a registered tax-exempt nonprofit based in Vermont. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $411K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Greater Rockingham Area Endowment Trust Inc spend its money?
Greater Rockingham Area Endowment Trust Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Greater Rockingham Area Endowment Trust Inc tax-deductible?
Greater Rockingham Area Endowment Trust Inc is registered as a tax-exempt nonprofit (EIN: 222678013). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Rockingham Area Endowment Trust Inc CEO make?
Greater Rockingham Area Endowment Trust Inc's highest-compensated officer earns $0 annually. The organization reported $411K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Greater Rockingham Area Endowment Trust Inc's spending goes to programs?
Greater Rockingham Area Endowment Trust Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Greater Rockingham Area Endowment Trust Inc located?
Greater Rockingham Area Endowment Trust Inc is headquartered in Bellows Falls, Vermont and files with the IRS under EIN 222678013.
How many years of IRS 990 filings does Greater Rockingham Area Endowment Trust Inc have?
Greater Rockingham Area Endowment Trust 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 $411K in total revenue.
What does Greater Rockingham Area Endowment Trust Inc do?
Greater Rockingham Area Endowment Trust Inc is a nonprofit organization in the Unknown sector, located in Bellows Falls, Vermont. It is classified under NTEE code Unknown.
How much revenue does Greater Rockingham Area Endowment Trust Inc have?
Greater Rockingham Area Endowment Trust Inc reported total revenue of $411,398. Based on 13 IRS 990 filings on record.
What are Greater Rockingham Area Endowment Trust Inc's total assets?
Greater Rockingham Area Endowment Trust Inc holds total assets of $1,171,644 as reported in IRS 990 filings.
Where is Greater Rockingham Area Endowment Trust Inc located?
Greater Rockingham Area Endowment Trust Inc is based in Bellows Falls, Vermont.
What is Greater Rockingham Area Endowment Trust Inc's EIN?
Greater Rockingham Area Endowment Trust Inc's Employer Identification Number (EIN) is 222678013. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Greater Rockingham Area Endowment Trust Inc?
Greater Rockingham Area Endowment Trust Inc is classified under NTEE code Unknown (Unknown).
Is Greater Rockingham Area Endowment Trust Inc a registered 501(c)(3)?
Greater Rockingham Area Endowment Trust Inc appears in IRS records (EIN: 222678013). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Greater Rockingham Area Endowment Trust Inc file IRS Form 990?
Yes, Greater Rockingham Area Endowment Trust Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Greater Rockingham Area Endowment Trust Inc's revenue in 2023?
In the 202309 filing period, Greater Rockingham Area Endowment Trust Inc reported total revenue of $21,746, total expenses of $61,136, and net assets of $1,063,477.
Is Greater Rockingham Area Endowment Trust Inc's revenue growing or declining?
Greater Rockingham Area Endowment Trust Inc's revenue is declining. Revenue went from $54,177 (202209) to $21,746 (202309), a -59.9% change. Based on 13 filings on record.
What is Greater Rockingham Area Endowment Trust Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Greater Rockingham Area Endowment Trust Inc covers tax period 202309. It shows revenue of $21,746, expenses of $61,136, total assets of $1,063,477, and liabilities of N/A.
How much does Greater Rockingham Area Endowment Trust Inc spend on programs vs administration?
Based on IRS 990 analysis, Greater Rockingham Area Endowment Trust Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Greater Rockingham Area Endowment Trust Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Greater Rockingham Area Endowment Trust Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Greater Rockingham Area Endowment Trust Inc's strengths?
Positive indicators for Greater Rockingham Area Endowment Trust Inc include: Consistent asset growth from $969,942 in 2021 to $1,171,644 in 2023, indicating strong financial stewardship.. Extremely low overhead expenses relative to assets and revenue, with total expenses (x) consistently low across reported years.. Zero reported compensation for executives and key personnel, suggesting efficient use of funds for mission-related activities.. Positive net assets and consistent revenue generation over multiple years.. These findings are derived from AI analysis of the organization's financial filings.
How does Greater Rockingham Area Endowment Trust Inc compensate executives?
Executive compensation is not reported, with Form 990 filings consistently showing $0 for all officers, directors, trustees, and key employees, suggesting a volunteer-led or externally managed structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation and the significant asset base, how does the organization manage its operations and administrative functions?
The organization likely relies heavily on volunteer efforts, pro-bono services, or external contractors for administrative and operational support, rather than salaried employees, which contributes to its low expense profile.
What is the primary source of the organization's revenue, and how does it contribute to asset growth?
While specific revenue breakdowns aren't provided, the 'r' field indicates total revenue. Given the 'Endowment Trust' nature, revenue likely stems from investment returns on its endowment and potentially donations, which are then reinvested to grow assets.
Filing History
IRS 990 filing history for Greater Rockingham Area Endowment Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Rockingham Area Endowment Trust Inc's revenue has declined by 6%, moving from $23K to $22K. Total assets increased by 12.4% over the same period, from $946K to $1.1M. Total functional expenses rose by 415.4%, from $12K to $61K. In its most recent filing year (2023), Greater Rockingham Area Endowment Trust Inc reported a deficit of $39K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $61K | $1.1M | $0 | — | View 990 |
| 2022 | $54K | $14K | $1.0M | $0 | — | View 990 |
| 2021 | $6K | $12K | $970K | $0 | — | View 990 |
| 2020 | $74K | $15K | $1.2M | $0 | — | — |
| 2019 | $89K | $69K | $1.1M | $0 | — | View 990 |
| 2018 | $13K | $24K | $1.1M | $0 | — | View 990 |
| 2017 | $40K | $14K | $1.2M | $0 | — | View 990 |
| 2016 | $64K | $14K | $1.1M | $0 | — | View 990 |
| 2015 | $14K | $14K | $1.1M | $0 | — | View 990 |
| 2014 | $64K | $13K | $1.1M | $0 | — | View 990 |
| 2013 | $17K | $13K | $1.0M | $0 | — | View 990 |
| 2012 | $109K | $12K | $1.0M | $0 | — | View 990 |
| 2011 | $23K | $12K | $946K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $61K, and assets of $1.1M (revenue -59.9% year-over-year).
- 2022: Revenue of $54K, expenses of $14K, and assets of $1.0M (revenue +755.7% year-over-year).
- 2021: Revenue of $6K, expenses of $12K, and assets of $970K (revenue -91.5% year-over-year).
- 2020: Revenue of $74K, expenses of $15K, and assets of $1.2M (revenue -17.1% year-over-year).
- 2019: Revenue of $89K, expenses of $69K, and assets of $1.1M (revenue +577.3% year-over-year).
- 2018: Revenue of $13K, expenses of $24K, and assets of $1.1M (revenue -66.7% year-over-year).
- 2017: Revenue of $40K, expenses of $14K, and assets of $1.2M (revenue -38.1% year-over-year).
- 2016: Revenue of $64K, expenses of $14K, and assets of $1.1M (revenue +346.4% year-over-year).
- 2015: Revenue of $14K, expenses of $14K, and assets of $1.1M (revenue -77.6% year-over-year).
- 2014: Revenue of $64K, expenses of $13K, and assets of $1.1M (revenue +271.7% year-over-year).
- 2013: Revenue of $17K, expenses of $13K, and assets of $1.0M (revenue -84.1% year-over-year).
- 2012: Revenue of $109K, expenses of $12K, and assets of $1.0M (revenue +369.3% year-over-year).
- 2011: Revenue of $23K, expenses of $12K, and assets of $946K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Rockingham Area Endowment Trust Inc:
Data Sources and Methodology
This transparency report for Greater Rockingham Area Endowment Trust 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.