Nashua Center
Nashua Center shows consistent revenue growth and zero reported officer compensation over a decade.
EIN: 20329407 · Nashua, NH · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $7.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Nashua Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nashua Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nashua Center
Nashua Center (EIN: 20329407) is a nonprofit organization based in Nashua, NH, classified under NTEE code P99. The organization reported total revenue of $8.2M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nashua Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nashua Center is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.3M |
| Total Expenses | $7.2M |
| Surplus / Deficit | +$108K |
| Total Assets | $2.3M |
| Total Liabilities | $1.1M |
| Net Assets | $1.2M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 46.1% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2024, Nashua Center reported a surplus of $108K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 46.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Nashua Center's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +26.0% | +16.7% | +35.6% |
| 2023 | -2.1% | +7.4% | -4.3% |
| 2022 | -9.0% | -0.9% | -13.9% |
| 2021 | +11.7% | -8.7% | +23.9% |
| 2020 | +2.8% | +7.4% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Nashua Center 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nashua Center 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $108K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.1%.
Executive Compensation Analysis
The Nashua Center consistently reports 0% officer compensation across all provided filing periods, which is highly unusual for an organization of its size with revenues exceeding $5 million annually. This suggests that executive leadership may be entirely volunteer-based or compensated through mechanisms not categorized as 'officer compensation' on the 990, which could be a positive for donor perception of efficiency.
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 Nashua Center's IRS 990 filings:
- Lack of detailed program, administrative, and fundraising expense breakdown in provided data, limiting full efficiency analysis.
- Unusually consistent 0% officer compensation for an organization of this scale, which warrants further investigation into executive compensation structures.
Strengths
The following positive indicators were identified for Nashua Center:
- Consistent revenue growth over the past decade, from $5.4M in 201506 to $7.3M in 202406.
- Significant asset growth, from $1.8M in 201506 to $2.2M in 202406, indicating financial stability.
- Zero reported officer compensation across all filings, suggesting high efficiency in executive pay.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating commitment to transparency and compliance.
- Overall positive net income in most recent filing (202406: Revenue=$7,329,918, Expenses=$7,221,788).
Frequently Asked Questions about Nashua Center
Is Nashua Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Nashua Center (EIN: 20329407) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Nashua Center spend its money?
Nashua Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nashua Center tax-deductible?
Nashua Center is registered as a tax-exempt nonprofit (EIN: 20329407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nashua Center CEO make?
Nashua Center's highest-compensated officer earns $5 annually. The organization reported $8.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nashua Center's spending goes to programs?
Nashua Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nashua Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Nashua Center is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nashua Center located?
Nashua Center is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20329407. It is classified under NTEE code P99.
How many years of IRS 990 filings does Nashua Center have?
Nashua Center 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 $8.2M in total revenue.
How does Nashua Center manage to report 0% officer compensation given its size?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues exceeding $5 million. This could indicate that executive leadership is entirely volunteer, or that compensation is structured in a way that it is not reported under 'officer compensation' on the IRS Form 990, such as through a related entity or as general employee salaries.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses. To fully assess spending efficiency, this information would be crucial, as it would reveal how much of each dollar directly supports the mission versus overhead.
Has Nashua Center experienced significant financial challenges in any period?
Yes, there have been periods where expenses exceeded revenue, such as in 202306 (Revenue=$5,817,112, Expenses=$6,189,610) and 202006 (Revenue=$5,845,290, Expenses=$6,373,038). However, the organization has consistently recovered and shown overall revenue growth and asset accumulation, indicating resilience.
Filing History
IRS 990 filing history for Nashua Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Nashua Center's revenue has grown by 41%, moving from $5.2M to $7.3M. Total assets increased by 55.2% over the same period, from $1.5M to $2.3M. Total functional expenses rose by 44.1%, from $5.0M to $7.2M. In its most recent filing year (2024), Nashua Center reported a surplus of $108K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $2.3M in assets (debt-to-asset ratio: 46.1%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.3M | $7.2M | $2.3M | $1.1M | — | View 990 |
| 2023 | $5.8M | $6.2M | $1.7M | $580K | — | View 990 |
| 2022 | $5.9M | $5.8M | $1.8M | $452K | — | View 990 |
| 2021 | $6.5M | $5.8M | $2.1M | $792K | — | View 990 |
| 2020 | $5.8M | $6.4M | $1.7M | $1.2M | — | View 990 |
| 2019 | $5.7M | $5.9M | $1.5M | $421K | — | View 990 |
| 2018 | $5.6M | $5.6M | $1.6M | $320K | — | View 990 |
| 2017 | $5.1M | $5.3M | $1.7M | $375K | — | View 990 |
| 2016 | $5.4M | $5.5M | $1.8M | $235K | — | View 990 |
| 2015 | $5.4M | $5.4M | $1.9M | $300K | — | View 990 |
| 2014 | $5.5M | $5.2M | $1.8M | $212K | — | View 990 |
| 2013 | $5.3M | $5.2M | $1.5M | $267K | — | View 990 |
| 2012 | $5.2M | $5.0M | $1.5M | $287K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.3M, expenses of $7.2M, and assets of $2.3M (revenue +26.0% year-over-year).
- 2023: Revenue of $5.8M, expenses of $6.2M, and assets of $1.7M (revenue -2.1% year-over-year).
- 2022: Revenue of $5.9M, expenses of $5.8M, and assets of $1.8M (revenue -9.0% year-over-year).
- 2021: Revenue of $6.5M, expenses of $5.8M, and assets of $2.1M (revenue +11.7% year-over-year).
- 2020: Revenue of $5.8M, expenses of $6.4M, and assets of $1.7M (revenue +2.8% year-over-year).
- 2019: Revenue of $5.7M, expenses of $5.9M, and assets of $1.5M (revenue +1.4% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.6M, and assets of $1.6M (revenue +9.2% year-over-year).
- 2017: Revenue of $5.1M, expenses of $5.3M, and assets of $1.7M (revenue -5.0% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.5M, and assets of $1.8M (revenue -0.7% year-over-year).
- 2015: Revenue of $5.4M, expenses of $5.4M, and assets of $1.9M (revenue -0.7% year-over-year).
- 2014: Revenue of $5.5M, expenses of $5.2M, and assets of $1.8M (revenue +3.7% year-over-year).
- 2013: Revenue of $5.3M, expenses of $5.2M, and assets of $1.5M (revenue +1.7% year-over-year).
- 2012: Revenue of $5.2M, expenses of $5.0M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nashua Center:
Data Sources and Methodology
This transparency report for Nashua Center 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.