Marguerites Place Inc
Marguerites Place Inc shows consistent asset growth and no executive compensation, despite a minor 2023 deficit.
EIN: 20466392 · Nashua, NH · NTEE: P430 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| Net Assets | $3.2M |
| Transparency Score | 92/100 |
Is Marguerites Place Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marguerites Place Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marguerites Place Inc
Marguerites Place Inc (EIN: 20466392) is a nonprofit organization based in Nashua, NH, classified under NTEE code P430. The organization reported total revenue of $1.8M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marguerites Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marguerites Place Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-26,515 |
| Total Assets | $3.9M |
| Total Liabilities | $624K |
| Net Assets | $3.2M |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 16.1% |
| Months of Reserves | 34.6 months |
Financial Health Grade: B
In 2023, Marguerites Place Inc reported a deficit of $27K with expenses exceeding revenue, holds 34.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marguerites Place Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | +27.4% | +22.6% |
| 2022 | -19.9% | +15.9% | -6.1% |
| 2021 | +47.3% | -5.6% | +12.9% |
| 2020 | -38.6% | -9.6% | +20.7% |
| 2019 | +52.8% | +7.3% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Marguerites Place Inc with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Marguerites Place Inc 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:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.1%.
Executive Compensation Analysis
Marguerites Place Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable 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 Marguerites Place Inc's IRS 990 filings:
- Slight deficit in 2023 ($26,515) where expenses exceeded revenue, warranting monitoring.
Strengths
The following positive indicators were identified for Marguerites Place Inc:
- Consistent asset growth, from $2.5 million in 2014 to $3.87 million in 2023.
- 0% officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Strong surpluses in recent years (e.g., $577,067 in 2021, $135,947 in 2022).
- Manageable liabilities relative to growing assets.
Frequently Asked Questions about Marguerites Place Inc
Is Marguerites Place Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marguerites Place Inc (EIN: 20466392) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Marguerites Place Inc spend its money?
Marguerites Place Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marguerites Place Inc tax-deductible?
Marguerites Place Inc is registered as a tax-exempt nonprofit (EIN: 20466392). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marguerites Place Inc's spending goes to programs?
Marguerites Place Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Marguerites Place Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Marguerites Place Inc is above average for NTEE category P430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marguerites Place Inc located?
Marguerites Place Inc is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20466392. It is classified under NTEE code P430.
How many years of IRS 990 filings does Marguerites Place Inc have?
Marguerites Place 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 $1.8M in total revenue.
Is Marguerites Place Inc a good charity?
Based on the financial data, Marguerites Place Inc appears to be a very good charity. It consistently grows its assets, has no reported officer compensation, and maintains a strong financial position over time.
How has Marguerites Place Inc's financial health changed over the last few years?
Marguerites Place Inc has shown consistent financial growth, with assets increasing from $2.98 million in 2020 to $3.87 million in 2023. While 2023 saw a slight deficit of $26,515, the preceding years (2021, 2022) showed healthy surpluses, indicating overall robust financial health.
What is the trend in Marguerites Place Inc's revenue?
Marguerites Place Inc's revenue has fluctuated but generally trended upwards over the last decade, from $819,522 in 2014 to $1,315,476 in 2023, with a peak of $1,642,954 in 2019.
Filing History
IRS 990 filing history for Marguerites Place Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marguerites Place Inc's revenue has grown by 59%, moving from $827K to $1.3M. Total assets increased by 61.6% over the same period, from $2.4M to $3.9M. Total functional expenses rose by 76.7%, from $760K to $1.3M. In its most recent filing year (2023), Marguerites Place Inc reported a deficit of $27K, with expenses exceeding revenue. The organization holds $624K in liabilities against $3.9M in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $3.9M | $624K | — | — |
| 2022 | $1.2M | $1.1M | $3.2M | $113K | — | View 990 |
| 2021 | $1.5M | $909K | $3.4M | $33K | — | View 990 |
| 2020 | $1.0M | $962K | $3.0M | $314K | — | View 990 |
| 2019 | $1.6M | $1.1M | $2.5M | $36K | — | View 990 |
| 2018 | $1.1M | $992K | $2.2M | $354K | — | View 990 |
| 2017 | $890K | $966K | $2.3M | $348K | — | View 990 |
| 2016 | $899K | $909K | $2.3M | $355K | — | View 990 |
| 2015 | $836K | $919K | $2.2M | $354K | — | View 990 |
| 2014 | $820K | $929K | $2.5M | $446K | — | View 990 |
| 2013 | $897K | $840K | $2.7M | $445K | — | View 990 |
| 2012 | $793K | $805K | $2.5M | $443K | — | View 990 |
| 2011 | $827K | $760K | $2.4M | $440K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $3.9M (revenue +10.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $3.2M (revenue -19.9% year-over-year).
- 2021: Revenue of $1.5M, expenses of $909K, and assets of $3.4M (revenue +47.3% year-over-year).
- 2020: Revenue of $1.0M, expenses of $962K, and assets of $3.0M (revenue -38.6% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.1M, and assets of $2.5M (revenue +52.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $992K, and assets of $2.2M (revenue +20.8% year-over-year).
- 2017: Revenue of $890K, expenses of $966K, and assets of $2.3M (revenue -1.0% year-over-year).
- 2016: Revenue of $899K, expenses of $909K, and assets of $2.3M (revenue +7.5% year-over-year).
- 2015: Revenue of $836K, expenses of $919K, and assets of $2.2M (revenue +2.1% year-over-year).
- 2014: Revenue of $820K, expenses of $929K, and assets of $2.5M (revenue -8.7% year-over-year).
- 2013: Revenue of $897K, expenses of $840K, and assets of $2.7M (revenue +13.2% year-over-year).
- 2012: Revenue of $793K, expenses of $805K, and assets of $2.5M (revenue -4.2% year-over-year).
- 2011: Revenue of $827K, expenses of $760K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marguerites Place Inc:
Data Sources and Methodology
This transparency report for Marguerites Place 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.