Greater Seacoast Community Health

Greater Seacoast Community Health shows consistent growth and stable assets despite recent minor operating deficits.

EIN: 20304203 · Somersworth, NH · NTEE: E320 · Updated: 2026-03-28

$27.2MRevenue
$21.2MGross Revenue
$24.0MAssets
88/100Mission Score (Excellent)
E320
Greater Seacoast Community Health Financial Summary
MetricValue
Total Revenue$27.2M
Total Expenses$22.2M
Program Spending85%
CEO/Top Officer Pay$20
Net Assets$18.3M
Transparency Score88/100

Is Greater Seacoast Community Health Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Greater Seacoast Community Health directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Greater Seacoast Community Health

Greater Seacoast Community Health (EIN: 20304203) is a nonprofit organization based in Somersworth, NH, classified under NTEE code E320. The organization reported total revenue of $27.2M and total assets of $24.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Seacoast Community Health's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

53Years Operating
LargeSize Classification
14Years of Filings
MixedRevenue Trajectory

Greater Seacoast Community Health is a large nonprofit that has been operating for 53 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$21.5M
Total Expenses$22.2M
Surplus / Deficit$-725,264
Total Assets$24.3M
Total Liabilities$6.0M
Net Assets$18.3M
Operating Margin-3.4%
Debt-to-Asset Ratio24.8%
Months of Reserves13.2 months

Financial Health Grade: B

In 2023, Greater Seacoast Community Health reported a deficit of $725K with expenses exceeding revenue, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 24.8% (moderate leverage).

Financial Trends

Over 14 years of filings (2011–2023), Greater Seacoast Community Health's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-4.7%-3.9%-4.9%
2022-10.8%+3.4%+14.8%
2021+10.7%+9.3%+9.7%
2020+14.6%+4.3%+29.1%
2019-8.7%+0.7%+4.6%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1973

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Greater Seacoast Community Health demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. While the organization experienced slight operating deficits in 2022 and 2023 (expenses exceeding revenue by $567,108 and $725,264 respectively), these appear manageable given its overall asset base of $24,312,463 in 2023. The significant growth in revenue from $8.5 million in 2015 to over $21 million in 2023 indicates substantial expansion of its operations and services. The organization's transparency is commendable, particularly with a reported 0% officer compensation across all available filings. This suggests that executive leadership is either compensated through other means not reported as officer compensation on the 990, or that the organization operates with a highly volunteer-driven or modestly compensated leadership structure, which is a positive indicator for donor confidence. Further details on program spending versus administrative and fundraising costs would provide a more complete picture of spending efficiency, but the absence of reported officer compensation is a strong positive. Overall, Greater Seacoast Community Health appears to be a financially sound organization with a strong growth trajectory and a commitment to transparency regarding executive pay. The recent minor operating deficits warrant monitoring but do not immediately signal significant financial distress given the organization's substantial assets and consistent revenue generation over the past decade.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Greater Seacoast Community Health 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

According to IRS 990 filings, Greater Seacoast Community Health 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$21.5MTotal Revenue
$22.2MTotal Expenses
$24.3MTotal Assets
$6.0MTotal Liabilities
$18.3MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $20 million in annual revenue and suggests either a unique compensation structure not captured in this field or a highly volunteer-driven leadership.

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 Seacoast Community Health's IRS 990 filings:

Strengths

The following positive indicators were identified for Greater Seacoast Community Health:

Frequently Asked Questions about Greater Seacoast Community Health

Is Greater Seacoast Community Health a legitimate charity?

Based on AI analysis of IRS 990 filings, Greater Seacoast Community Health (EIN: 20304203) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.

How does Greater Seacoast Community Health spend its money?

Greater Seacoast Community Health directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Greater Seacoast Community Health tax-deductible?

Greater Seacoast Community Health is registered as a tax-exempt nonprofit (EIN: 20304203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Greater Seacoast Community Health CEO make?

Greater Seacoast Community Health's highest-compensated officer earns $20 annually. The organization reported $27.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Greater Seacoast Community Health's spending goes to programs?

Greater Seacoast Community Health directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Greater Seacoast Community Health compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Greater Seacoast Community Health is above average for NTEE category E320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Greater Seacoast Community Health located?

Greater Seacoast Community Health is headquartered in Somersworth, New Hampshire and files with the IRS under EIN 20304203. It is classified under NTEE code E320.

How many years of IRS 990 filings does Greater Seacoast Community Health have?

Greater Seacoast Community Health 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 $27.2M in total revenue.

Why is officer compensation consistently reported as 0%?

The IRS 990 filings for Greater Seacoast Community Health consistently show 0% officer compensation from 2015 through 2023. This is highly unusual for an organization with annual revenues exceeding $20 million and warrants further investigation to understand how executive leadership is compensated, if at all, or if this field is being interpreted differently.

What caused the operating deficits in 2022 and 2023?

In 2022, expenses ($23,070,651) exceeded revenue ($22,503,543) by $567,108. In 2023, expenses ($22,177,616) exceeded revenue ($21,452,352) by $725,264. While not severe given the organization's asset base, understanding the specific drivers of these deficits would be important for long-term financial planning.

How has the organization managed its significant growth in revenue and assets?

Greater Seacoast Community Health has seen substantial growth, with revenue increasing from $8.5 million in 2015 to over $21 million in 2023, and assets growing from $9 million to over $24 million in the same period. This indicates successful expansion of services and financial management, though the recent deficits suggest potential challenges in scaling operations efficiently.

Filing History

IRS 990 filing history for Greater Seacoast Community Health showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Greater Seacoast Community Health's revenue has grown by 72%, moving from $12.5M to $21.5M. Total assets increased by 159.4% over the same period, from $9.4M to $24.3M. Total functional expenses rose by 190.6%, from $7.6M to $22.2M. In its most recent filing year (2023), Greater Seacoast Community Health reported a deficit of $725K, with expenses exceeding revenue. The organization holds $6.0M in liabilities against $24.3M in assets (debt-to-asset ratio: 24.8%), resulting in net assets of $18.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $21.5M $22.2M $24.3M $6.0M View 990
2022 $22.5M $23.1M $25.6M $6.7M
2021 $25.2M $22.3M $22.3M $2.3M View 990
2020 $22.8M $20.4M $20.3M $3.5M View 990
2019 $19.9M $19.6M $15.7M $1.6M View 990
2018 $21.8M $19.4M $15.0M $1.4M View 990
2017 $6.4M $5.8M $12.1M $847K View 990
2017 $11.9M $10.6M $11.5M $899K View 990
2016 $10.0M $8.3M $10.4M $1.1M View 990
2015 $8.5M $6.8M $9.1M $1.5M View 990
2014 $8.0M $7.8M $7.6M $1.7M View 990
2013 $7.9M $7.7M $7.6M $1.9M View 990
2012 $6.9M $7.7M $7.6M $2.1M View 990
2011 $12.5M $7.6M $9.4M $3.0M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Greater Seacoast Community Health:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Greater Seacoast Community Health 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.

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