Nessp Inc

Nessp Inc. shows consistent asset growth and stable revenue, with no reported officer compensation.

EIN: 205288174 · Groton, MA · NTEE: X99 · Updated: 2026-03-28

$1.6MRevenue

$11.8MAssets

75/100Mission Score (Good)

X99

About Nessp Inc

Nessp Inc (EIN: 205288174) is a nonprofit organization based in Groton, MA, classified under NTEE code X99. The organization reported total revenue of $1.6M and total assets of $11.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nessp Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Nessp Inc. demonstrates a consistent financial profile with stable assets and revenue over the past several years. While the organization reported a slight deficit in 2023, with expenses exceeding revenue by approximately $115,446, this appears to be an anomaly in a trend of generally positive net income. The organization's assets have grown significantly over the past decade, from $2.8 million in 2014 to over $12 million in 2023, indicating strong financial stewardship and growth. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in a way that is easily discernible as 'officer compensation' on the 990 form, which could be a point for further inquiry.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent growth in assets alongside generally stable or increasing revenue suggests that resources are being managed effectively to build organizational capacity. The organization's liabilities have also increased in proportion to assets, which is common for growing organizations, but the ratio of liabilities to assets (e.g., $5.4 million liabilities to $12 million assets in 2023) warrants monitoring to ensure long-term financial stability. The absence of reported officer compensation is a notable aspect of their transparency, indicating either a volunteer-led executive structure or compensation being categorized differently.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nessp Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Nessp Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Nessp Inc. consistently reports 0% officer compensation across all available 990 filings, which is highly unusual for an organization with over $1.8 million in annual revenue and $12 million in assets. This suggests either a fully volunteer-led executive team or that executive compensation is categorized under other expense lines, which could obscure a complete picture of remuneration.

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 Nessp Inc's IRS 990 filings:

Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in executive remuneration reporting.
NTEE code X99 ('Unknown') does not clearly define the organization's mission or activities, potentially hindering public understanding of its purpose.
A deficit reported in 2023 ($115,446), where expenses exceeded revenue, warrants further investigation into its causes and sustainability.

Strengths

The following positive indicators were identified for Nessp Inc:

Significant asset growth over the past decade, from $2.8 million in 2014 to over $12 million in 2023, indicating strong financial management and capacity building.
Generally stable or increasing revenue streams over the past several years, demonstrating consistent support and operational funding.
Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.

Frequently Asked Questions about Nessp Inc

How does Nessp Inc. manage to operate with 0% reported officer compensation given its size and revenue?

The consistent reporting of 0% officer compensation across all 990 filings for an organization with over $1.8 million in revenue and $12 million in assets is highly unusual. This could indicate a volunteer-led executive structure, or that executive compensation is categorized under other expense lines, such as 'salaries and wages' for non-officer roles, or as payments to related organizations, which would require further investigation of their detailed financial statements.

What is the detailed breakdown of Nessp Inc.'s program, administrative, and fundraising expenses?

The provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses. To assess spending efficiency accurately, it would be necessary to review the full IRS Form 990, specifically Part IX, Statement of Functional Expenses, to understand how the $1.9 million in expenses in 2023 was allocated.

What caused the deficit in 2023, where expenses exceeded revenue by $115,446?

In 2023, Nessp Inc. reported expenses of $1,979,467 against revenue of $1,864,021, resulting in a deficit. The specific causes of this deficit are not detailed in the summary data but could be due to increased operational costs, one-time investments, or a temporary dip in funding. This contrasts with previous years where revenue generally exceeded expenses.

Filing History

IRS 990 filing history for Nessp Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2010–2023), Nessp Inc's revenue has grown by 508%, moving from $307K to $1.9M. Total assets increased by 2589.7% over the same period, from $449K to $12.1M. Total functional expenses rose by 1066.1%, from $170K to $2.0M. In its most recent filing year (2023), Nessp Inc reported a deficit of $115K, with expenses exceeding revenue. The organization holds $5.5M in liabilities against $12.1M in assets (debt-to-asset ratio: 45.2%), resulting in net assets of $6.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.9M	$2.0M	$12.1M	$5.5M	—	View 990
2022	$1.9M	$1.8M	$12.3M	$5.6M	—	View 990
2021	$1.9M	$1.7M	$12.5M	$5.9M	—	View 990
2020	$1.1M	$1.3M	$12.6M	$6.2M	—	—
2019	$1.6M	$1.1M	$12.8M	$6.2M	—	View 990
2018	$1.5M	$462K	$12.3M	$6.2M	—	View 990
2017	$2.1M	$380K	$10.0M	$4.9M	—	—
2016	$1.2M	$305K	$7.0M	$3.7M	—	View 990
2015	$808K	$326K	$4.0M	$1.5M	—	View 990
2014	$845K	$280K	$2.9M	$841K	—	View 990
2012	$358K	$213K	$700K	$0	—	View 990
2011	$339K	$253K	$554K	$0	—	View 990
2010	$307K	$170K	$449K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.9M, expenses of $2.0M, and assets of $12.1M (revenue -1.2% year-over-year).
2022: Revenue of $1.9M, expenses of $1.8M, and assets of $12.3M (revenue -3.0% year-over-year).
2021: Revenue of $1.9M, expenses of $1.7M, and assets of $12.5M (revenue +76.4% year-over-year).
2020: Revenue of $1.1M, expenses of $1.3M, and assets of $12.6M (revenue -32.4% year-over-year).
2019: Revenue of $1.6M, expenses of $1.1M, and assets of $12.8M (revenue +9.5% year-over-year).
2018: Revenue of $1.5M, expenses of $462K, and assets of $12.3M (revenue -29.1% year-over-year).
2017: Revenue of $2.1M, expenses of $380K, and assets of $10.0M (revenue +81.0% year-over-year).
2016: Revenue of $1.2M, expenses of $305K, and assets of $7.0M (revenue +43.8% year-over-year).
2015: Revenue of $808K, expenses of $326K, and assets of $4.0M (revenue -4.3% year-over-year).
2014: Revenue of $845K, expenses of $280K, and assets of $2.9M (revenue +136.0% year-over-year).
2012: Revenue of $358K, expenses of $213K, and assets of $700K (revenue +5.5% year-over-year).
2011: Revenue of $339K, expenses of $253K, and assets of $554K (revenue +10.7% year-over-year).
2010: Revenue of $307K, expenses of $170K, and assets of $449K.

Data Sources and Methodology

This transparency report for Nessp 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.