Market Square Steeple Fund
Market Square Steeple Fund reports zero revenue and assets, indicating dormancy or closure.
EIN: 203756346 · Portsmouth, NH · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $107 |
| Net Assets | $5K |
| Transparency Score | 10/100 |
Is Market Square Steeple Fund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Market Square Steeple Fund
Market Square Steeple Fund (EIN: 203756346) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code A80. 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 Market Square Steeple Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Market Square Steeple Fund is a micro nonprofit that has been operating for 20 years, with 2 years of IRS 990 filings on record (2011–2012).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | -474.0% | -98.3% | -52.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Market Square Steeple Fund with a Mission Score of 10 out of 100 (Very 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, Market Square Steeple Fund allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation was reported as 0% in both 2011 and 2012, indicating no salaries were paid to officers, which is appropriate given the organization's minimal financial activity and declining resources.
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 Market Square Steeple Fund's IRS 990 filings:
- Zero revenue and assets in the latest period
- Negative revenue reported in 2012
- Significant decline in assets from $11,408 to $5,399 between 2011 and 2012
- Consistent net losses in reported periods
Strengths
The following positive indicators were identified for Market Square Steeple Fund:
- No officer compensation reported, indicating efficient use of limited funds for leadership
Frequently Asked Questions about Market Square Steeple Fund
Is Market Square Steeple Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Market Square Steeple Fund (EIN: 203756346) significant concerns. Mission Score: 10/100. 4 red flags identified, 1 strength noted.
How does Market Square Steeple Fund spend its money?
Detailed spending breakdown data is not yet available for Market Square Steeple Fund. Check back for updated IRS 990 analysis.
Are donations to Market Square Steeple Fund tax-deductible?
Market Square Steeple Fund is registered as a tax-exempt nonprofit (EIN: 203756346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Market Square Steeple Fund compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), Market Square Steeple Fund is below average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Market Square Steeple Fund located?
Market Square Steeple Fund is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 203756346. It is classified under NTEE code A80.
How many years of IRS 990 filings does Market Square Steeple Fund have?
Market Square Steeple Fund has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Market Square Steeple Fund still active?
Based on the latest revenue and asset figures of $0, it is highly probable that the Market Square Steeple Fund is no longer active or is in the process of dissolution.
What caused the negative revenue in 2012?
The IRS 990 data shows negative revenue of -$5,902 in 2012, which could be due to returns, allowances, or adjustments to prior period income, but without further detail from the full filing, the exact cause is unclear.
Filing History
IRS 990 filing history for Market Square Steeple Fund showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Market Square Steeple Fund's revenue has declined by 474%, moving from $2K to $-5,902. Total assets decreased by 52.7% over the same period, from $11K to $5K. Total functional expenses fell by 98.3%, from $6K to $107.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $-5,902 | $107 | $5K | $0 | — | — |
| 2011 | $2K | $6K | $11K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Market Square Steeple Fund:
Data Sources and Methodology
This transparency report for Market Square Steeple Fund 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.