Langdon Cove Association
Langdon Cove Association: Strong Mission, Questionable Spending
EIN: 222548795 · Bedford, NH · NTEE: L30 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $4K |
| Program Spending | 41% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $6K |
| Transparency Score | 85/100 |
Is Langdon Cove Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Langdon Cove Association directs 41% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Langdon Cove Association
Langdon Cove Association (EIN: 222548795) is a nonprofit organization based in Bedford, NH, classified under NTEE code L30. The organization reported total revenue of $2K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Langdon Cove Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Langdon Cove Association is a micro nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $4K |
| Surplus / Deficit | $-2,349 |
| Total Assets | $6K |
| Total Liabilities | $1 |
| Net Assets | $6K |
| Operating Margin | -142.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2023, Langdon Cove Association reported a deficit of $2K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Langdon Cove Association's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +115.0% | +5233.3% | -29.4% |
| 2022 | -31.7% | -96.4% | +9.5% |
| 2021 | +68.9% | +33.3% | -11.8% |
| 2020 | -1.9% | +2000.0% | -9.9% |
| 2019 | -5.2% | -91.9% | +69.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Langdon Cove Association 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: 50%
- programs: 41%
- fundraising: 9%
According to IRS 990 filings, Langdon Cove Association allocates its expenses as follows: admin: 50%, programs: 41%, fundraising: 9%. Only 41% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization with reported expenses and assets, suggesting potential underreporting or alternative compensation structures.
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 Langdon Cove Association's IRS 990 filings:
- Significant administrative spending (50%) compared to program spending (41%) in 2023, based on available data.
- Consistent reporting of $0 executive compensation across all years, despite substantial revenue and assets, raises concerns about transparency.
- Lack of detailed functional expense breakdown in recent filings (e.g., 2023) hinders a clear understanding of how funds are utilized.
- A notable drop in assets from $9,172 in 2019 to $5,632 in 2023 without clear explanation in available data.
Strengths
The following positive indicators were identified for Langdon Cove Association:
- Consistent revenue generation over multiple years, indicating stable donor support.
- Maintains a healthy asset base relative to its revenue.
- No reported lobbying expenses, suggesting a focus on direct mission activities.
- Consistently reports 0% compensation to officers, directors, trustees, and key employees, which, if accurate, indicates low overhead in this area.
Frequently Asked Questions about Langdon Cove Association
Is Langdon Cove Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Langdon Cove Association (EIN: 222548795) some concerns. Mission Score: 85/100. 4 red flags identified, 4 strengths noted.
How does Langdon Cove Association spend its money?
Langdon Cove Association directs 41% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Langdon Cove Association tax-deductible?
Langdon Cove Association is registered as a tax-exempt nonprofit (EIN: 222548795). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Langdon Cove Association CEO make?
Langdon Cove Association's highest-compensated officer earns $0 annually. The organization reported $2K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Langdon Cove Association's spending goes to programs?
Langdon Cove Association directs 41% to programs, 9% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Langdon Cove Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Langdon Cove Association is above average for NTEE category L30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Langdon Cove Association located?
Langdon Cove Association is headquartered in Bedford, New Hampshire and files with the IRS under EIN 222548795. It is classified under NTEE code L30.
How many years of IRS 990 filings does Langdon Cove Association have?
Langdon Cove Association has 7 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 $2K in total revenue.
What does Langdon Cove Association do?
Langdon Cove Association is a nonprofit organization in the Housing & Shelter sector, located in Bedford, New Hampshire. It is classified under NTEE code L30.
How much revenue does Langdon Cove Association have?
Langdon Cove Association reported total revenue of $2,403. Based on 7 IRS 990 filings on record.
What are Langdon Cove Association's total assets?
Langdon Cove Association holds total assets of $6,785 as reported in IRS 990 filings.
Where is Langdon Cove Association located?
Langdon Cove Association is based in Bedford, New Hampshire.
What is Langdon Cove Association's EIN?
Langdon Cove Association's Employer Identification Number (EIN) is 222548795. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Langdon Cove Association?
Langdon Cove Association is classified under NTEE code L30 (Housing & Shelter).
Is Langdon Cove Association a registered 501(c)(3)?
Yes, Langdon Cove Association is recognized as a tax-exempt organization by the IRS. EIN: 222548795.
Does Langdon Cove Association file IRS Form 990?
Yes, Langdon Cove Association has 7 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Langdon Cove Association's revenue in 2023?
In the 202312 filing period, Langdon Cove Association reported total revenue of $1,651, total expenses of $4,000, and net assets of $5,632.
Is Langdon Cove Association's revenue growing or declining?
Langdon Cove Association's revenue is growing. Revenue went from $768 (202212) to $1,651 (202312), a +115.0% change. Based on 7 filings on record.
What is Langdon Cove Association's most recent 990 filing?
The most recent IRS Form 990 filing for Langdon Cove Association covers tax period 202312. It shows revenue of $1,651, expenses of $4,000, total assets of $5,632, and liabilities of $1.
How much does Langdon Cove Association spend on programs vs administration?
Based on IRS 990 analysis, Langdon Cove Association allocates approximately 41% of expenses to program services, 50% to administrative costs, and 9% to fundraising. Overhead costs appear high relative to program spending.
Is Langdon Cove Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Langdon Cove Association appears trustworthy. Mission Score: 85/100 (Excellent). 4 red flags identified. 4 strengths noted.
What are the red flags for Langdon Cove Association?
The following concerns were identified: Significant administrative spending (50%) compared to program spending (41%) in 2023, based on available data.. Consistent reporting of $0 executive compensation across all years, despite substantial revenue and assets, raises concerns about transparency.. Lack of detailed functional expense breakdown in recent filings (e.g., 2023) hinders a clear understanding of how funds are utilized.. A notable drop in assets from $9,172 in 2019 to $5,632 in 2023 without clear explanation in available data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Langdon Cove Association's strengths?
Positive indicators for Langdon Cove Association include: Consistent revenue generation over multiple years, indicating stable donor support.. Maintains a healthy asset base relative to its revenue.. No reported lobbying expenses, suggesting a focus on direct mission activities.. Consistently reports 0% compensation to officers, directors, trustees, and key employees, which, if accurate, indicates low overhead in this area.. These findings are derived from AI analysis of the organization's financial filings.
How does Langdon Cove Association compensate executives?
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization with reported expenses and assets, suggesting potential underreporting or alternative compensation structures. 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, how does Langdon Cove Association attract and retain leadership, and what are the actual costs associated with its governance?
The consistent $0 executive compensation reported across all filings is highly unusual. It suggests either that leadership is entirely volunteer-based, compensated through non-monetary means not disclosed, or that compensation is being reported under other expense categories. This lack of transparency makes it difficult to assess the true administrative overhead and the sustainability of its leadership model.
With a significant portion of expenses categorized as 'administrative' and a lack of detailed program spending, how can donors verify the direct impact and effectiveness of their contributions?
The available data, particularly for 2023, shows a substantial portion of expenses without a clear breakdown into program services. This makes it challenging for donors to understand how their funds are directly contributing to the organization's mission and what specific programs are being supported. More detailed functional expense reporting is needed to demonstrate impact.
Filing History
IRS 990 filing history for Langdon Cove Association showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Langdon Cove Association's revenue has grown by 134.9%, moving from $703 to $2K. Total assets increased by 0.2% over the same period, from $6K to $6K. Total functional expenses rose by 80.8%, from $2K to $4K. In its most recent filing year (2023), Langdon Cove Association reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $4K | $6K | $1 | — | — |
| 2022 | $768 | $75 | $8K | $1 | — | — |
| 2021 | $1K | $2K | $7K | $1 | — | — |
| 2020 | $666 | $2K | $8K | $1 | — | — |
| 2019 | $679 | $75 | $9K | $0 | — | View 990 |
| 2015 | $716 | $925 | $5K | $1 | — | View 990 |
| 2014 | $703 | $2K | $6K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $4K, and assets of $6K (revenue +115.0% year-over-year).
- 2022: Revenue of $768, expenses of $75, and assets of $8K (revenue -31.7% year-over-year).
- 2021: Revenue of $1K, expenses of $2K, and assets of $7K (revenue +68.9% year-over-year).
- 2020: Revenue of $666, expenses of $2K, and assets of $8K (revenue -1.9% year-over-year).
- 2019: Revenue of $679, expenses of $75, and assets of $9K (revenue -5.2% year-over-year).
- 2015: Revenue of $716, expenses of $925, and assets of $5K (revenue +1.8% year-over-year).
- 2014: Revenue of $703, expenses of $2K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Langdon Cove Association:
Data Sources and Methodology
This transparency report for Langdon Cove Association 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.